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LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

3 Months Ended

Mar. 31, 2017

Receivables [Abstract]

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

The following table presents the loan portfolio, excluding residential LHFS, broken out by classes at March 31, 2017 and December 31, 2016.

(Dollars in thousands)	March 31, 2017				December 31, 2016
Commercial real estate:
Owner-occupied	$	114,991			$	112,295
Non-owner occupied	209,601				206,358
Multi-family	47,893				47,681
Non-owner occupied residential	64,809				62,533
Acquisition and development:
1-4 family residential construction	5,790				4,663
Commercial and land development	27,648				26,085
Commercial and industrial	90,638				88,465
Municipal	53,225				53,741
Residential mortgage:
First lien	143,282				139,851
Home equity - term	13,605				14,248
Home equity - lines of credit	122,473				120,353
Installment and other loans	7,376				7,118
	$	901,331			$	883,391

Bank's Ratings Based on its Internal Risk Rating System

The following table summarizes the Company’s loan portfolio ratings based on its internal risk rating system at March 31, 2017 and December 31, 2016.

(Dollars in thousands)	Pass				Special Mention				Non-Impaired Substandard				Impaired - Substandard				Doubtful				Total
March 31, 2017
Commercial real estate:
Owner-occupied	$	110,316			$	1,616			$	1,978			$	1,081			$	0			$	114,991
Non-owner occupied	199,332				200				10,069				0				0				209,601
Multi-family	42,739				4,186				778				190				0				47,893
Non-owner occupied residential	62,307				932				1,134				436				0				64,809
Acquisition and development:
1-4 family residential construction	5,790				0				0				0				0				5,790
Commercial and land development	27,008				8				632				0				0				27,648
Commercial and industrial	89,997				134				30				386				91				90,638
Municipal	51,236				1,989				0				0				0				53,225
Residential mortgage:
First lien	138,796				0				0				4,486				0				143,282
Home equity - term	13,496				0				0				109				0				13,605
Home equity - lines of credit	121,814				82				61				516				0				122,473
Installment and other loans	7,371				0				0				5				0				7,376
	$	870,202			$	9,147			$	14,682			$	7,209			$	91			$	901,331
December 31, 2016
Commercial real estate:
Owner-occupied	$	103,652			$	5,422			$	2,151			$	1,070			$	0			$	112,295
Non-owner occupied	190,726				4,791				10,105				736				0				206,358
Multi-family	42,473				4,222				787				199				0				47,681
Non-owner occupied residential	59,982				949				1,150				452				0				62,533
Acquisition and development:
1-4 family residential construction	4,560				103				0				0				0				4,663
Commercial and land development	25,435				10				639				1				0				26,085
Commercial and industrial	87,588				251				32				594				0				88,465
Municipal	53,741				0				0				0				0				53,741
Residential mortgage:
First lien	135,558				0				0				4,293				0				139,851
Home equity - term	14,155				0				0				93				0				14,248
Home equity - lines of credit	119,681				82				61				529				0				120,353
Installment and other loans	7,112				0				0				6				0				7,118
	$	844,663			$	15,830			$	14,925			$	7,973			$	0			$	883,391

Impaired Loans by Class

The following table 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 March 31, 2017 and December 31, 2016. The recorded investment in loans excludes accrued interest receivable due to insignificance. Related 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
(Dollars in thousands)	Recorded Investment (Book Balance)				Unpaid Principal Balance (Legal Balance)				Related Allowance				Recorded Investment (Book Balance)				Unpaid Principal Balance (Legal Balance)
March 31, 2017
Commercial real estate:
Owner-occupied	$	0			$	0			$	0			$	1,081			$	2,274
Multi-family	0				0				0				190				364
Non-owner occupied residential	0				0				0				436				697
Acquisition and development:
Commercial and industrial	91				93				91				386				419
Residential mortgage:
First lien	638				638				41				3,848				4,634
Home equity - term	0				0				0				109				120
Home equity - lines of credit	0				0				0				516				654
Installment and other loans	0				0				0				5				34
	$	729			$	731			$	132			$	6,571			$	9,196
December 31, 2016
Commercial real estate:
Owner-occupied	$	0			$	0			$	0			$	1,070			$	2,236
Non-owner occupied	0				0				0				736				1,323
Multi-family	0				0				0				199				368
Non-owner occupied residential	0				0				0				452				706
Acquisition and development:
Commercial and land development	0				0				0				1				16
Commercial and industrial	0				0				0				594				715
Residential mortgage:
First lien	643				643				43				3,650				4,399
Home equity - term	0				0				0				93				103
Home equity - lines of credit	0				0				0				529				659
Installment and other loans	0				0				0				6				34
	$	643			$	643			$	43			$	7,330			$	10,559

Average Recorded Investment in Impaired Loans and Related Interest Income

The following tables summarize the average recorded investment in impaired loans and related interest income recognized on loans deemed impaired for the three months ended March 31, 2017 and 2016.

	2017								2016
(Dollars in thousands)	Average Impaired Balance				Interest Income Recognized				Average Impaired Balance				Interest Income Recognized
Three Months Ended March 31,
Commercial real estate:
Owner-occupied	$	1,092			$	0			$	2,069			$	0
Non-owner occupied	552				0				7,771				0
Multi-family	195				0				229				0
Non-owner occupied residential	446				0				875				0
Acquisition and development:
Commercial and land development	0				0				4				0
Commercial and industrial	512				0				724				0
Residential mortgage:
First lien	4,351				8				4,776				9
Home equity - term	96				0				101				0
Home equity - lines of credit	523				0				589				0
Installment and other loans	6				0				17				0
	$	7,773			$	8			$	17,155			$	9

Troubled Debt Restructurings

The following table presents impaired loans that are TDRs, with the recorded investment at March 31, 2017 and December 31, 2016.

	March 31, 2017							December 31, 2016
(Dollars in thousands)	Number of Contracts			Recorded Investment				Number of Contracts			Recorded Investment
Accruing:
Residential mortgage:
First lien	8			$	889			8			$	896
Home equity - lines of credit	1			32				1			34
	9			921				9			930
Nonaccruing:
Commercial real estate:
Owner-occupied	1			63				0			0
Residential mortgage:
First lien	12			1,013				12			1,035
Installment and other loans	1			5				1			6
	14			1,081				13			1,041
	23			$	2,002			22			$	1,971

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.

	2017											2016
(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 March 31,
Commercial real estate:
Owner occupied	1			$	63			$	63			0			$	0			$	0
Residential mortgage:
First lien	0			0				0				1			257				257
	1			$	63			$	63			1			$	257			$	257

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 at March 31, 2017 and December 31, 2016.

					Days Past Due
(Dollars in thousands)	Current				30-59				60-89				90+ (still accruing)				Total Past Due				Non- Accrual				Total Loans
March 31, 2017
Commercial real estate:
Owner-occupied	$	113,875			$	35			$	0			$	0			$	35			$	1,081			$	114,991
Non-owner occupied	209,601				0				0				0				0				0				209,601
Multi-family	47,703				0				0				0				0				190				47,893
Non-owner occupied residential	64,373				0				0				0				0				436				64,809
Acquisition and development:
1-4 family residential construction	5,790				0				0				0				0				0				5,790
Commercial and land development	27,620				28				0				0				28				0				27,648
Commercial and industrial	90,161				0				0				0				0				477				90,638
Municipal	53,225				0				0				0				0				0				53,225
Residential mortgage:
First lien	138,851				834				0				0				834				3,597				143,282
Home equity - term	13,496				0				0				0				0				109				13,605
Home equity - lines of credit	121,588				401				0				0				401				484				122,473
Installment and other loans	7,354				11				6				0				17				5				7,376
	$	893,637			$	1,309			$	6			$	0			$	1,315			$	6,379			$	901,331
December 31, 2016
Commercial real estate:
Owner-occupied	$	111,225			$	0			$	0			$	0			$	0			$	1,070			$	112,295
Non-owner occupied	205,622				0				0				0				0				736				206,358
Multi-family	47,482				0				0				0				0				199				47,681
Non-owner occupied residential	62,081				0				0				0				0				452				62,533
Acquisition and development:
1-4 family residential construction	4,548				115				0				0				115				0				4,663
Commercial and land development	26,084				0				0				0				0				1				26,085
Commercial and industrial	87,871				0				0				0				0				594				88,465
Municipal	53,741				0				0				0				0				0				53,741
Residential mortgage:
First lien	135,499				628				328				0				956				3,396				139,851
Home equity - term	14,155				0				0				0				0				93				14,248
Home equity - lines of credit	119,733				125				0				0				125				495				120,353
Installment and other loans	7,090				20				2				0				22				6				7,118
	$	875,131			$	888			$	330			$	0			$	1,218			$	7,042			$	883,391

Activity in Allowance for Loan Losses

The following table presents the activity in the ALL for the three months ended March 31, 2017 and 2016.

	Commercial																				Consumer
(Dollars in thousands)	Commercial Real Estate				Acquisition and Development				Commercial and Industrial				Municipal				Total				Residential Mortgage				Installment and Other				Total				Unallocated				Total
Three Months Ended
March 31, 2017
Balance, beginning of period	$	7,530			$	580			$	1,074			$	54			$	9,238			$	2,979			$	144			$	3,123			$	414			$	12,775
Provision for loan losses	(524		)		(68		)		198				52				(342		)		243				1				244				98				0
Charge-offs	(45		)		0				(55		)		0				(100		)		0				(29		)		(29		)		0				(129		)
Recoveries	2				1				1				0				4				7				11				18				0				22
Balance, end of period	$	6,963			$	513			$	1,218			$	106			$	8,800			$	3,229			$	127			$	3,356			$	512			$	12,668
March 31, 2016
Balance, beginning of period	$	7,883			$	850			$	1,012			$	58			$	9,803			$	2,870			$	121			$	2,991			$	774			$	13,568
Provision for loan losses	33				(111		)		37				4				(37		)		45				102				147				(110		)		0
Charge-offs	0				0				(21		)		0				(21		)		(244		)		(64		)		(308		)		0				(329		)
Recoveries	80				0				2				0				82				6				20				26				0				108
Balance, end of period	$	7,996			$	739			$	1,030			$	62			$	9,827			$	2,677			$	179			$	2,856			$	664			$	13,347

Summary of Ending Loan Balances Individually Evaluated for Impairment Based on Loan Segment

The following table summarizes the ending loan balance individually evaluated for impairment based upon loan segment, as well as the related ALL allocation for each at March 31, 2017 and December 31, 2016:

	Commercial																				Consumer
(Dollars in thousands)	Commercial Real Estate				Acquisition and Development				Commercial and Industrial				Municipal				Total				Residential Mortgage				Installment and Other				Total				Unallocated				Total
March 31, 2017
Loans allocated by:
Individually evaluated for impairment	$	1,707			$	0			$	477			$	0			$	2,184			$	5,111			$	5			$	5,116			$	0			$	7,300
Collectively evaluated for impairment	435,587				33,438				90,161				53,225				612,411				274,249				7,371				281,620				0				894,031
	$	437,294			$	33,438			$	90,638			$	53,225			$	614,595			$	279,360			$	7,376			$	286,736			$	0			$	901,331
ALL allocated by:
Individually evaluated for impairment	$	0			$	0			$	91			$	0			$	91			$	41			$	0			$	41			$	0			$	132
Collectively evaluated for impairment	6,963				513				1,127				106				8,709				3,188				127				3,315				512				12,536
	$	6,963			$	513			$	1,218			$	106			$	8,800			$	3,229			$	127			$	3,356			$	512			$	12,668
December 31, 2016
Loans allocated by:
Individually evaluated for impairment	$	2,457			$	1			$	594			$	0			$	3,052			$	4,915			$	6			$	4,921			$	0			$	7,973
Collectively evaluated for impairment	426,410				30,747				87,871				53,741				598,769				269,537				7,112				276,649				0				875,418
	$	428,867			$	30,748			$	88,465			$	53,741			$	601,821			$	274,452			$	7,118			$	281,570			$	0			$	883,391
ALL allocated by:
Individually evaluated for impairment	$	0			$	0			$	0			$	0			$	0			$	43			$	0			$	43			$	0			$	43
Collectively evaluated for impairment	7,530				580				1,074				54				9,238				2,936				144				3,080				414				12,732
	$	7,530			$	580			$	1,074			$	54			$	9,238			$	2,979			$	144			$	3,123			$	414			$	12,775

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