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Loans and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

At September 30, 2015 and December 31, 2014, loans are summarized as follows (in thousands):

	September 30, 2015						December 31, 2014
			All Other				PCI		All Other
	PCI Loans		Loans		Total		Loans		Loans		Total
Commercial real estate	$	21,667	$	343,940	$	365,607	$	3,102	$	190,349	$	193,451
Consumer real estate		13,408		148,682		162,090		4,380		77,034		81,414
Construction and land development		2,728		94,322		97,050		36		52,469		52,505
Commercial and industrial		4,084		77,023		81,107		3		33,716		33,719
Consumer and other		-		4,585		4,585		-		2,314		2,314
Total loans		41,887		668,552		710,439		7,521		355,882		363,403
Less: Allowance for loan losses		-		(3,828)		(3,828)		-		(3,880)		(3,880)

Loans, net	$	41,887	$	664,724	$	706,611	$	7,521	$	352,002	$	359,523

Schedule Of Impaired and Performing Loans Receivable [Table Text Block]

The composition of loans by loan classification for impaired and performing loan status at September 30, 2015 and December 31, 2014, is summarized in the tables below (amounts in thousands):

	September 30, 2015
					Construction		Commercial
	Commercial		Consumer		and Land		and		Consumer
	Real Estate		Real Estate		Development		Industrial		and Other		Total
Performing loans	$	341,966	$	145,030	$	93,284	$	76,554	$	4,585	$	661,419
Impaired loans		1,974		3,652		1,038		469		-		7,133
		343,940		148,682		94,322		77,023		4,585		668,552
PCI loans		21,667		13,408		2,728		4,084		-		41,887
Total	$	365,607	$	162,090	$	97,050	$	81,107	$	4,585	$	710,439

	December 31, 2014
					Construction		Commercial
	Commercial		Consumer		and Land		and		Consumer
	Real Estate		Real Estate		Development		Industrial		and Other		Total
Performing loans	$	188,169	$	71,634	$	50,301	$	33,178	$	2,314	$	345,596
Impaired loans		2,180		5,400		2,168		538		-		10,286
		190,349		77,034		52,469		33,716		2,314		355,882
PCI loans		3,102		4,380		36		3		-		7,521
Total loans	$	193,451	$	81,414	$	52,505	$	33,719	$	2,314	$	363,403

Schedule Of Allowance For Loan Losses For Impaired and Performing Loans Receivable [Table Text Block]

The following tables show the allowance for loan losses allocation by loan classification for impaired and performing loans as of September 30, 2015 and December 31, 2014 (amounts in thousands):

	September 30, 2015
	Commercial Real Estate		Consumer Real Estate		Construction and Land Development		Commercial And Industrial		Consumer and Other		Unallocated		Total
Performing loans	$	94	$	271	$	104	$	75	$	-	$	3,026	$	3,570
Impaired loans		-		-		-		258		-		-		258
Total	$	94	$	271	$	104	$	333	$	-	$	3,026	$	3,828

	December 31, 2014
					Construction		Commercial		Consumer
	Commercial		Consumer		and Land		And		and
	Real Estate		Real Estate		Development		Industrial		Other		Unallocated		Total
Performing loans	$	182	$	250	$	209	$	83	$	7	$	2,915	$	3,646
Impaired loans		-		3		60		171		-		-		234
Total	$	182	$	253	$	269	$	254	$	7	$	2,915	$	3,880

Schedule Of Financing Receivable Allowance For Credit Losses [Table Text Block]

The following tables detail the changes in the allowance for loan losses for the nine month period ending September 30, 2015 and year ending December 31, 2014, by loan classification (amounts in thousands):

	September 30, 2015
	Commercial		Consumer Real		Construction and Land		Commercial and		Consumer
	Real Estate		Estate		Development		Industrial		and Other		Unallocated		Total
Beginning balance	$	182	$	253	$	269	$	254	$	7	$	2,915	$	3,880
Loans charged off		(139)		-		(122)		-		(215)		-		(476)
Recoveries of loans charged off		1		6		25		22		14		-		68
Provision charged to operating expense		50		12		(68)		57		194		111		356
Ending balance	$	94	$	271	$	104	$	333	$	-	$	3,026	$	3,828

	December 31, 2014
			Consumer		Construction		Commercial
	Commercial Real Estate		Real Estate		and Land Development		and Industrial		Consumer and Other		Unallocated		Total
Beginning balance	$	319	$	380	$	430	$	224	$	236	$	2,547	$	4,136
Loans charged off		-		(623)		(7)		(118)		(65)		-		(813)
Recoveries of charge-offs		2		-		-		-		123		-		125
Provision charged to														-
operating expense		(139)		496		(154)		148		(287)		368		432
Ending balance	$	182	$	253	$	269	$	254	$	7	$	2,915	$	3,880

Financing Receivable Credit Quality Indicators [Table Text Block]

The following tables outline the amount of each loan classification and the amount categorized into each risk rating as of September 30, 2015 and December 31, 2014 (amounts in thousands):

Non PCI Loans

	September 30, 2015
					Construction		Commercial
	Commercial		Consumer		and Land		and		Consumer
	Real Estate		Real Estate		Development		Industrial		and Other		Total
Pass	$	342,411	$	144,942	$	92,289	$	75,815	$	4,557	$	660,014
Watch		-		424		1,184		-		28		1,636
Special mention		533		-		-		246		-		779
Substandard		996		3,316		849		962		-		6,123
Doubtful		-		-		-		-		-		-
Total	$	343,940	$	148,682	$	94,322	$	77,023	$	4,585	$	668,552

PCI Loans

	September 30, 2015
					Construction		Commercial
	Commercial		Consumer		and Land		and		Consumer
	Real Estate		Real Estate		Development		Industrial		and Other		Total
Pass	$	17,883	$	12,193	$	1,893	$	2,864	$	-	$	34,833
Watch		-		267		-		-		-		267
Special mention		2,126		-		621		547		-		3,294
Substandard		1,658		948		214		673		-		3,493
Doubtful		-		-		-		-				-
Total	$	21,667	$	13,408	$	2,728	$	4,084	$	-	$	41,887
Total loans	$	365,607	$	162,090	$	97,050	$	81,107	$	4,585	$	710,439

Non PCI Loans

	December 31, 2014
					Construction		Commercial
	Commercial		Consumer		and Land		and		Consumer
	Real Estate		Real Estate		Development		Industrial		and Other		Total
Pass	$	188,113	$	71,199	$	44,484	$	33,178	$	2,314	$	339,288
Watch		56		226		6,273		-		-		6,555
Special mention		-		-		-		-		-		-
Substandard		2,180		5,609		1,712		538		-		10,039
Doubtful		-		-		-		-				-
Total	$	190,349	$	77,034	$	52,469	$	33,716	$	2,314	$	355,882

PCI Loans

	December 31, 2014
					Construction		Commercial
	Commercial		Consumer		and Land		and		Consumer
	Real Estate		Real Estate		Development		Industrial		and Other		Total
Pass	$	2,358	$	3,968	$	-	$	-	$	-	$	6,326
Watch		-		309		36		3		-		348
Special mention		-		-		-		-		-		-
Substandard		744		103		-		-		-		847
Doubtful		-		-		-		-				-
Total	$	3,102	$	4,380	$	36	$	3	$	-	$	7,521
Total loans	$	193,451	$	81,414	$	52,505	$	33,719	$	2,314	$	363,403

Impaired Financing Receivables [Table Text Block]

The following is an analysis of the impaired loan portfolio detailing the related allowance recorded as of September 30, 2015 and December 31, 2014 (amounts in thousands):

							For the nine month
	At September 30, 2015						September 30, 2015
			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
Impaired loans without a valuation allowance:
Non PCI Loans:
Commercial real estate	$	1,974	$	1,974	$	-	$	1,955	$	89
Consumer real estate		3,652		4,352		-		4,381		73
Construction and land development		1,038		1,038		-		1,058		39
Commercial and industrial		51		51		-		466		3
Consumer and other		-		-		-				-
		6,715		7,415				7,860		204

PCI loans: None in 2015

Impaired loans with a valuation allowance:
Non PCI Loans:
Commercial real estate		-		-		-		-		-
Consumer real estate		-		-		-		147		-
Construction and land development		-		-		-		694		-
Commercial and industrial		418		418		258		478		-
Consumer and other		-		-		-		-		-
		418		418		258		1,319		-
PCI loans: None in 2015
Total impaired loans	$	7,133	$	7,833	$	258	$	9,179	$	-

							For the year ended
	At December 31, 2014						December 31, 2014
			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
Impaired loans without a valuation allowance:
Non PCI Loans:
Commercial real estate	$	2,180	$	2,180	$	-	$	2,247	$	193
Consumer real estate		5,155		5,692		-		5.289		362
Construction and land development		1,086		1,090		-		1,257		54
Commercial and industrial		-		-		-		-		-
Consumer and other		-		-		-		-		-
		8,421		8,962		-		8,793		609

PCI loans: None in 2014

Impaired loans with a valuation allowance:
Non PCI Loans:
Commercial real estate		-		-		-		-		-
Consumer real estate		245		245		3		294		12
Construction and land development		1,082		1,082		60		1,101		82
Commercial and industrial		538		538		171		539		59
Consumer and other		-		-		-		-		-
		1,865		1,865		234		1,934		153
PCI loans: None in 2014
Total impaired loans	$	10,286	$	10,827	$	234	$	10,727	$	762

Schedule Of Risk Rating Of Loans And Finance Receivable [Table Text Block]

The following tables outline the amount of each loan classification and the amount categorized into each risk rating as of September 30, 2015 and December 31, 2014 (amounts in thousands):

Non PCI Loans

	September 30, 2015
					Construction		Commercial
	Commercial		Consumer		and Land		and		Consumer
	Real Estate		Real Estate		Development		Industrial		and Other		Total
Pass	$	342,411	$	144,942	$	92,289	$	75,815	$	4,557	$	660,014
Watch		-		424		1,184		-		28		1,636
Special mention		533		-		-		246		-		779
Substandard		996		3,316		849		962		-		6,123
Doubtful		-		-		-		-		-		-
Total	$	343,940	$	148,682	$	94,322	$	77,023	$	4,585	$	668,552

PCI Loans

	September 30, 2015
					Construction		Commercial
	Commercial		Consumer		and Land		and		Consumer
	Real Estate		Real Estate		Development		Industrial		and Other		Total
Pass	$	17,883	$	12,193	$	1,893	$	2,864	$	-	$	34,833
Watch		-		267		-		-		-		267
Special mention		2,126		-		621		547		-		3,294
Substandard		1,658		948		214		673		-		3,493
Doubtful		-		-		-		-				-
Total	$	21,667	$	13,408	$	2,728	$	4,084	$	-	$	41,887
Total loans	$	365,607	$	162,090	$	97,050	$	81,107	$	4,585	$	710,439

Non PCI Loans

	December 31, 2014
					Construction		Commercial
	Commercial		Consumer		and Land		and		Consumer
	Real Estate		Real Estate		Development		Industrial		and Other		Total
Pass	$	188,113	$	71,199	$	44,484	$	33,178	$	2,314	$	339,288
Watch		56		226		6,273		-		-		6,555
Special mention		-		-		-		-		-		-
Substandard		2,180		5,609		1,712		538		-		10,039
Doubtful		-		-		-		-				-
Total	$	190,349	$	77,034	$	52,469	$	33,716	$	2,314	$	355,882

PCI Loans

	December 31, 2014
					Construction		Commercial
	Commercial		Consumer		and Land		and		Consumer
	Real Estate		Real Estate		Development		Industrial		and Other		Total
Pass	$	2,358	$	3,968	$	-	$	-	$	-	$	6,326
Watch		-		309		36		3		-		348
Special mention		-		-		-		-		-		-
Substandard		744		103		-		-		-		847
Doubtful		-		-		-		-				-
Total	$	3,102	$	4,380	$	36	$	3	$	-	$	7,521
Total loans	$	193,451	$	81,414	$	52,505	$	33,719	$	2,314	$	363,403

Past Due Financing Receivables [Table Text Block]

The following tables present the aging of the recorded investment in loans and leases as of September 30, 2015 and December 31, 2014 (amounts in thousands):

	September 30, 2015
	30-89 Days		Past Due 90
	Past Due and		Days or More				Total				Current		Total
	Accruing		and Accruing		Nonaccrual		Past Due		PCI Loans		Loans		Loans

Commercial real estate	$	-	$	262	$	-	$	262	$	21,667	$	343,678	$	365,607
Consumer real estate		305		137		1,297		1,739		13,408		146,943		162,090
Construction and land development		-		-		-		-		2,728		94,322		97,050
Commercial and industrial		45		12		418		475		4,084		76,548		81,107
Consumer and other		12		-		-		12		-		4,573		4,585
Total	$	362	$	411	$	1,715	$	2,488	$	41,887	$	666,064	$	710,439

	December 31, 2014
	30-89 Days		Past Due 90
	Past Due and		Days or More				Total		PCI		Current		Total
	Accruing		and Accruing		Nonaccrual		Past Due		Loans		Loans		Loans

Commercial real estate	$	-	$	-	$	1,757	$	1,757	$	3,102	$	188,592	$	193,451
Consumer real estate		-		-		2,249		2,249		4,380		74,785		81,414
Construction and land development		-		-		643		643		36		51,826		52,505
Commercial and industrial		-		-		418		418		3		33,298		33,719
Consumer and other		12		-		-		12		-		2,302		2,314
Total	$	12	$	-	$	5,067	$	5,079	$	7,521	$	350,803	$	363,403

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

The following table presents a summary of loans that were modified as troubled debt restructurings during the nine month period ended September 30, 2014 (amounts in thousands):

		Pre-Modification		Post-Modification
		Outstanding Recorded		Outstanding Recorded
September 30, 2014	Number of Contracts	Investment		Investment

Commercial real estate	1	$	1,818	$	1,818
Consumer real estate	1		1,469		1,469
Commercial and industrial	1		53		53

Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period Carrying Amount Of Loans [Table Text Block]

The Company has acquired loans which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of those loans is as follows:

Commercial real estate	$	24,494
Consumer real estate		17,721
Construction and land development		3,660
Commercial and industrial		4,905
Consumer and other		1
Total loans	$	50,781
Less remaining purchase discount		(8,894)
		41,887
Less: Allowance for loan losses		-

Carrying amount, net of allowance	$	41,887

Schedule Of Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Movement [Table Text Block]

Activity related to the accretable portion of the purchase discount on loans acquired with deteriorated credit quality is as follows for the three and nine months period ended September 30, 2015:

	Three Months Ended September 30, 2015		Nine Months Ended September 30, 2015

Accretable yield, beginning of period	$	7,179	$	7,983
Additions		4,282		4,282
Accretion income		(162)		(886)
Reclassification from nonaccretable		55		110
Other changes, net		(521)		(656)
Accretable yield	$	10,833	$	10,833

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]

Purchased credit impaired loans acquired during the nine month period ended September 30, 2015 for which it was probable at acquisition that all contractually required payments would not be collected are as follows:

Contractual principal and interest at acquisition	$	45,678
Nonaccretable difference		(4,072)
Expected Cash flows at acquisition		41,606
Accretable yield		(4,282)
Basis in PCI loans at acquisition - estimated fair value	$	37,324