XML 39 R24.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Loans (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2012
Loans [Abstract] |
Loans segregated by class of loans | The following table presents the composition of loans segregated by class of loans, as of June 30, 2012 and December 31, 2011.
|  | June 30, 2012 |  |  | December 31, 2011 |
Commercial and Industrial |  |  |  |  |  |
Commercial |  | $ | 55,274 |  |  | $ | 48,986 |
Industrial |  |  | 11,284 |  |  |  | 8,422 |
Real Estate |  |  |  |  |  |  |  |
Commercial Construction |  |  | 56,368 |  |  |  | 58,546 |
Residential Construction |  |  | 4,169 |  |  |  | 3,530 |
Commercial |  |  | 308,936 |  |  |  | 315,281 |
Residential |  |  | 193,190 |  |  |  | 193,638 |
Farmland |  |  | 48,748 |  |  |  | 48,225 |
Consumer and Other |  |  |  |  |  |  |  |
Consumer |  |  | 29,652 |  |  |  | 30,449 |
Other |  |  | 8,740 |  |  |  | 9,244 |
Total Loans |  | $ | 716,361 |  |  | $ | 716,321 |
Loan portfolio by credit quality indicator (risk grade) | The following table presents the loan portfolio by credit quality indicator (risk grade) as of June 30, 2012 and December 31, 2011. Those loans with a risk grade of 1, 2, 3 or 4 have been combined in the pass column for presentation purposes.
June 30, 2012 |  |  |  |  |  |  |  |  |  |  |  |
|  | Pass |  |  | Special Mention |  |  | Substandard |  |  | Total Loans |
Commercial and Industrial |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | $ | 48,827 |  |  | $ | 2,050 |  |  | $ | 4,397 |  |  | $ | 55,274 |
Industrial |  |  | 11,224 |  |  |  | -- |  |  |  | 60 |  |  |  | 11,284 |
Real Estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial Construction |  |  | 29,788 |  |  |  | 1,930 |  |  |  | 24,650 |  |  |  | 56,368 |
Residential Construction |  |  | 3,861 |  |  |  | 103 |  |  |  | 205 |  |  |  | 4,169 |
Commercial |  |  | 267,537 |  |  |  | 14,556 |  |  |  | 26,843 |  |  |  | 308,936 |
Residential |  |  | 173,328 |  |  |  | 9,939 |  |  |  | 9,923 |  |  |  | 193,190 |
Farmland |  |  | 44,892 |  |  |  | 1,169 |  |  |  | 2,687 |  |  |  | 48,748 |
Consumer and Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer |  |  | 28,737 |  |  |  | 336 |  |  |  | 579 |  |  |  | 29,652 |
Other |  |  | 8,632 |  |  |  | 13 |  |  |  | 95 |  |  |  | 8,740 |
Total Loans |  | $ | 616,826 |  |  | $ | 30,096 |  |  | $ | 69,439 |  |  | $ | 716,361 |
December 31, 2011 |  |  |  |  |  |  |  |  |  |  |  |
|  | Pass |  |  | Special Mention |  |  | Substandard |  |  | Total Loans |
Commercial and Industrial |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | $ | 42,586 |  |  | $ | 1,481 |  |  | $ | 4,919 |  |  | $ | 48,986 |
Industrial |  |  | 8,153 |  |  |  | -- |  |  |  | 269 |  |  |  | 8,422 |
Real Estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial Construction |  |  | 28,746 |  |  |  | 2,814 |  |  |  | 26,986 |  |  |  | 58,546 |
Residential Construction |  |  | 3,227 |  |  |  | 303 |  |  |  | -- |  |  |  | 3,530 |
Commercial |  |  | 272,062 |  |  |  | 14,790 |  |  |  | 28,429 |  |  |  | 315,281 |
Residential |  |  | 175,100 |  |  |  | 8,343 |  |  |  | 10,195 |  |  |  | 193,638 |
Farmland |  |  | 43,664 |  |  |  | 1,413 |  |  |  | 3,148 |  |  |  | 48,225 |
Consumer and Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer |  |  | 29,372 |  |  |  | 362 |  |  |  | 715 |  |  |  | 30,449 |
Other |  |  | 9,029 |  |  |  | 99 |  |  |  | 116 |  |  |  | 9,244 |
Total Loans |  | $ | 611,939 |  |  | $ | 29,605 |  |  | $ | 74,777 |  |  | $ | 716,321 |
Age analysis of past due loans and nonaccrual loans, segregated by class of loans | The following table represents an age analysis of past due loans and nonaccrual loans, segregated by class of loans, as of June 30, 2012 and December 31, 2011:
June 30, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Accruing Loans |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  | 90 Days |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30-89 Days |  |  | or More |  |  | Total Accruing |  |  | Nonaccrual |  |  |  |  |  |  |
|  | Past Due |  |  | Past Due |  |  | Loans Past Due |  |  | Loans |  |  | Current Loans |  |  | Total Loans |
Commercial and Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | $ | 1,002 |  |  | $ | -- |  |  | $ | 1,002 |  |  | $ | 330 |  |  | $ | 53,942 |  |  | $ | 55,274 |
Industrial |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | 45 |  |  |  | 11,239 |  |  |  | 11,284 |
Real Estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial Construction |  |  | 66 |  |  |  | 182 |  |  |  | 248 |  |  |  | 22,659 |  |  |  | 33,461 |  |  |  | 56,368 |
Residential Construction |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | 4,169 |  |  |  | 4,169 |
Commercial |  |  | 2,769 |  |  |  | -- |  |  |  | 2,769 |  |  |  | 6,639 |  |  |  | 299,528 |  |  |  | 308,936 |
Residential |  |  | 2,340 |  |  |  | 31 |  |  |  | 2,371 |  |  |  | 3,231 |  |  |  | 187,588 |  |  |  | 193,190 |
Farmland |  |  | 626 |  |  |  | -- |  |  |  | 626 |  |  |  | 2,297 |  |  |  | 45,825 |  |  |  | 48,748 |
Consumer and Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer |  |  | 297 |  |  |  | -- |  |  |  | 297 |  |  |  | 237 |  |  |  | 29,118 |  |  |  | 29,652 |
Other |  |  | 20 |  |  |  | -- |  |  |  | 20 |  |  |  | 36 |  |  |  | 8,684 |  |  |  | 8,740 |
Total Loans |  | $ | 7,120 |  |  | $ | 213 |  |  | $ | 7,333 |  |  | $ | 35,474 |  |  | $ | 673,554 |  |  | $ | 716,361 |
December 31, 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Accruing Loans |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  | 90 Days |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30-89 Days |  |  | or More |  |  | Total Accruing |  |  | Nonaccrual |  |  |  |  |  |  |
|  | Past Due |  |  | Past Due |  |  | Loans Past Due |  |  | Loans |  |  | Current Loans |  |  | Total Loans |
Commercial and Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | $ | 645 |  |  | $ | -- |  |  | $ | 645 |  |  | $ | 2,103 |  |  | $ | 46,238 |  |  | $ | 48,986 |
Industrial |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | 86 |  |  |  | 8,336 |  |  |  | 8,422 |
Real Estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial Construction |  |  | 514 |  |  |  | -- |  |  |  | 514 |  |  |  | 23,578 |  |  |  | 34,454 |  |  |  | 58,546 |
Residential Construction |  |  | 33 |  |  |  | -- |  |  |  | 33 |  |  |  | -- |  |  |  | 3,497 |  |  |  | 3,530 |
Commercial |  |  | 2,931 |  |  |  | -- |  |  |  | 2,931 |  |  |  | 9,194 |  |  |  | 303,156 |  |  |  | 315,281 |
Residential |  |  | 2,251 |  |  |  | 15 |  |  |  | 2,266 |  |  |  | 3,110 |  |  |  | 188,262 |  |  |  | 193,638 |
Farmland |  |  | 376 |  |  |  | -- |  |  |  | 376 |  |  |  | 487 |  |  |  | 47,362 |  |  |  | 48,225 |
Consumer and Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer |  |  | 410 |  |  |  | -- |  |  |  | 410 |  |  |  | 221 |  |  |  | 29,818 |  |  |  | 30,449 |
Other |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | 43 |  |  |  | 9,201 |  |  |  | 9,244 |
Total Loans |  | $ | 7,160 |  |  | $ | 15 |  |  | $ | 7,175 |  |  | $ | 38,822 |  |  | $ | 670,324 |  |  | $ | 716,321 |
Impaired loan data | The following table details impaired loan data as of June 30, 2012:
June 30, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Unpaid |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Contractual |  |  |  |  |  |  |  |  | Average |  |  | Interest |  |  | Interest |
|  | Principal |  |  | Impaired |  |  | Related |  |  | Recorded |  |  | Income |  |  | Income |
|  | Balance |  |  | Balance |  |  | Allowance |  |  | Investment |  |  | Recognized |  |  | Collected |
With No Related Allowance Recorded |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | $ | 1,546 |  |  | $ | 1,456 |  |  | $ | -- |  |  | $ | 1,568 |  |  | $ | 49 |  |  | $ | 40 |
Agricultural |  |  | 45 |  |  |  | 45 |  |  |  | -- |  |  |  | 42 |  |  |  | -- |  |  |  | -- |
Commercial Construction |  |  | 11,998 |  |  |  | 9,694 |  |  |  | -- |  |  |  | 11,079 |  |  |  | (7 | ) |  |  | 4 |
Commercial Real Estate |  |  | 33,857 |  |  |  | 28,254 |  |  |  | -- |  |  |  | 30,136 |  |  |  | 358 |  |  |  | 325 |
Residential Real Estate |  |  | 2,748 |  |  |  | 2,152 |  |  |  | -- |  |  |  | 2,280 |  |  |  | 46 |  |  |  | 42 |
Farmland |  |  | 2,340 |  |  |  | 2,297 |  |  |  | -- |  |  |  | 2,297 |  |  |  | 32 |  |  |  | 44 |
Consumer |  |  | 256 |  |  |  | 237 |  |  |  | -- |  |  |  | 225 |  |  |  | 3 |  |  |  | 5 |
Other |  |  | 38 |  |  |  | 36 |  |  |  | -- |  |  |  | 40 |  |  |  | -- |  |  |  | -- |
|  |  | 52,828 |  |  |  | 44,171 |  |  |  | -- |  |  |  | 47,667 |  |  |  | 481 |  |  |  | 460 |
With An Allowance Recorded |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 290 |  |  |  | 290 |  |  |  | 300 |  |  |  | 300 |  |  |  | 2 |  |  |  | 5 |
Agricultural |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |
Commercial Construction |  |  | 17,961 |  |  |  | 12,966 |  |  |  | 2,111 |  |  |  | 11,954 |  |  |  | -- |  |  |  | -- |
Commercial Real Estate |  |  | 5,163 |  |  |  | 5,141 |  |  |  | 1,462 |  |  |  | 4,394 |  |  |  | 55 |  |  |  | 53 |
Residential Real Estate |  |  | 4,852 |  |  |  | 4,139 |  |  |  | 868 |  |  |  | 4,092 |  |  |  | 46 |  |  |  | 45 |
Farmland |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | 130 |  |  |  | -- |  |  |  | -- |
Consumer |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |
Other |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |
|  |  | 28,266 |  |  |  | 22,536 |  |  |  | 4,741 |  |  |  | 20,870 |  |  |  | 103 |  |  |  | 103 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 1,836 |  |  |  | 1,746 |  |  |  | 300 |  |  |  | 1,868 |  |  |  | 51 |  |  |  | 45 |
Agricultural |  |  | 45 |  |  |  | 45 |  |  |  | -- |  |  |  | 42 |  |  |  | -- |  |  |  | -- |
Commercial Construction |  |  | 29,959 |  |  |  | 22,660 |  |  |  | 2,111 |  |  |  | 23,033 |  |  |  | (7 | ) |  |  | 4 |
Commercial Real Estate |  |  | 39,020 |  |  |  | 33,395 |  |  |  | 1,462 |  |  |  | 34,530 |  |  |  | 413 |  |  |  | 378 |
Residential Real Estate |  |  | 7,600 |  |  |  | 6,291 |  |  |  | 868 |  |  |  | 6,372 |  |  |  | 92 |  |  |  | 87 |
Farmland |  |  | 2,340 |  |  |  | 2,297 |  |  |  | -- |  |  |  | 2,427 |  |  |  | 32 |  |  |  | 44 |
Consumer |  |  | 256 |  |  |  | 237 |  |  |  | -- |  |  |  | 225 |  |  |  | 3 |  |  |  | 5 |
Other |  |  | 38 |  |  |  | 36 |  |  |  | -- |  |  |  | 40 |  |  |  | -- |  |  |  | -- |
|  | $ | 81,094 |  |  | $ | 66,707 |  |  | $ | 4,741 |  |  | $ | 68,537 |  |  | $ | 584 |  |  | $ | 563 |
The following table details impaired loan data as of December 31, 2011:
December 31, 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Unpaid |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Contractual |  |  |  |  |  |  |  |  | Average |  |  | Interest |  |  | Interest |
|  | Principal |  |  | Impaired |  |  | Related |  |  | Recorded |  |  | Income |  |  | Income |
|  | Balance |  |  | Balance |  |  | Allowance |  |  | Investment |  |  | Recognized |  |  | Collected |
With No Related Allowance Recorded |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | $ | 1,743 |  |  | $ | 1,580 |  |  | $ | -- |  |  | $ | 947 |  |  | $ | 60 |  |  | $ | 65 |
Agricultural |  |  | 86 |  |  |  | 86 |  |  |  | -- |  |  |  | 208 |  |  |  | (4 | ) |  |  | -- |
Commercial Construction |  |  | 17,699 |  |  |  | 12,799 |  |  |  | -- |  |  |  | 13,310 |  |  |  | 116 |  |  |  | 144 |
Commercial Real Estate |  |  | 34,686 |  |  |  | 29,385 |  |  |  | -- |  |  |  | 27,027 |  |  |  | 833 |  |  |  | 834 |
Residential Real Estate |  |  | 2,601 |  |  |  | 1,934 |  |  |  | -- |  |  |  | 3,176 |  |  |  | 88 |  |  |  | 80 |
Farmland |  |  | 278 |  |  |  | 227 |  |  |  | -- |  |  |  | 342 |  |  |  | 66 |  |  |  | 66 |
Consumer |  |  | 229 |  |  |  | 216 |  |  |  | -- |  |  |  | 184 |  |  |  | 11 |  |  |  | 12 |
Other |  |  | 52 |  |  |  | 43 |  |  |  | -- |  |  |  | 40 |  |  |  | 1 |  |  |  | 2 |
|  |  | 57,374 |  |  |  | 46,270 |  |  |  | -- |  |  |  | 45,234 |  |  |  | 1,171 |  |  |  | 1,203 |
With An Allowance Recorded |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 775 |  |  |  | 776 |  |  |  | 308 |  |  |  | 214 |  |  |  | 15 |  |  |  | 19 |
Commercial Construction |  |  | 14,036 |  |  |  | 11,489 |  |  |  | 2,693 |  |  |  | 10,470 |  |  |  | 14 |  |  |  | 61 |
Commercial Real Estate |  |  | 6,430 |  |  |  | 6,430 |  |  |  | 2,061 |  |  |  | 6,557 |  |  |  | 182 |  |  |  | 197 |
Residential Real Estate |  |  | 4,772 |  |  |  | 4,042 |  |  |  | 675 |  |  |  | 3,859 |  |  |  | 97 |  |  |  | 97 |
Farmland |  |  | 299 |  |  |  | 260 |  |  |  | 12 |  |  |  | 65 |  |  |  | (18 | ) |  |  | -- |
Consumer |  |  | 5 |  |  |  | 5 |  |  |  | 2 |  |  |  | 4 |  |  |  | 1 |  |  |  | 1 |
Other |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | 19 |  |  |  | -- |  |  |  | -- |
|  |  | 26,317 |  |  |  | 23,002 |  |  |  | 5,751 |  |  |  | 21,188 |  |  |  | 291 |  |  |  | 375 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 2,518 |  |  |  | 2,356 |  |  |  | 308 |  |  |  | 1,161 |  |  |  | 75 |  |  |  | 84 |
Agricultural |  |  | 86 |  |  |  | 86 |  |  |  | -- |  |  |  | 208 |  |  |  | (4 | ) |  |  | -- |
Commercial Construction |  |  | 31,735 |  |  |  | 24,288 |  |  |  | 2,693 |  |  |  | 23,780 |  |  |  | 130 |  |  |  | 205 |
Commercial Real Estate |  |  | 41,116 |  |  |  | 35,815 |  |  |  | 2,061 |  |  |  | 33,584 |  |  |  | 1,015 |  |  |  | 1,031 |
Residential Real Estate |  |  | 7,373 |  |  |  | 5,976 |  |  |  | 675 |  |  |  | 7,035 |  |  |  | 185 |  |  |  | 177 |
Farmland |  |  | 577 |  |  |  | 487 |  |  |  | 12 |  |  |  | 407 |  |  |  | 48 |  |  |  | 66 |
Consumer |  |  | 234 |  |  |  | 221 |  |  |  | 2 |  |  |  | 188 |  |  |  | 12 |  |  |  | 13 |
Other |  |  | 52 |  |  |  | 43 |  |  |  | -- |  |  |  | 59 |  |  |  | 1 |  |  |  | 2 |
|  | $ | 83,691 |  |  | $ | 69,272 |  |  | $ | 5,751 |  |  | $ | 66,422 |  |  | $ | 1,462 |  |  | $ | 1,578 |
The following table details impaired loan data as of June 30, 2011:
June 30, 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  | Average |  |  | Interest |  |  | Interest |
|  | Impaired |  |  | Related |  |  | Recorded |  |  | Income |  |  | Income |
|  | Balance |  |  | Allowance |  |  | Investment |  |  | Recognized |  |  | Collected |
With No Related Allowance Recorded |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | $ | 373 |  |  | $ | -- |  |  | $ | 282 |  |  | $ | 7 |  |  | $ | 14 |
Agricultural |  |  | 196 |  |  |  | -- |  |  |  | 254 |  |  |  | (28 | ) |  |  | -- |
Commercial Construction |  |  | 13,485 |  |  |  | -- |  |  |  | 10,642 |  |  |  | 41 |  |  |  | 67 |
Commercial Real Estate |  |  | 28,744 |  |  |  | -- |  |  |  | 23,436 |  |  |  | 251 |  |  |  | 261 |
Residential Real Estate |  |  | 4,277 |  |  |  | -- |  |  |  | 3,517 |  |  |  | 32 |  |  |  | 49 |
Farmland |  |  | 211 |  |  |  | -- |  |  |  | 328 |  |  |  | 66 |  |  |  | 66 |
Consumer |  |  | 158 |  |  |  | -- |  |  |  | 181 |  |  |  | 3 |  |  |  | 4 |
Other |  |  | 43 |  |  |  | -- |  |  |  | 33 |  |  |  | 1 |  |  |  | 1 |
|  |  | 47,487 |  |  |  | -- |  |  |  | 38,673 |  |  |  | 373 |  |  |  | 462 |
With An Allowance Recorded |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | -- |  |  |  | -- |  |  |  | 10 |  |  |  | -- |  |  |  | -- |
Commercial Construction |  |  | 12,418 |  |  |  | 2,965 |  |  |  | 10,198 |  |  |  | 58 |  |  |  | 101 |
Commercial Real Estate |  |  | 7,072 |  |  |  | 1,473 |  |  |  | 8,372 |  |  |  | 114 |  |  |  | 151 |
Residential Real Estate |  |  | 5,488 |  |  |  | 512 |  |  |  | 3,024 |  |  |  | 125 |  |  |  | 124 |
Other |  |  | -- |  |  |  | -- |  |  |  | 39 |  |  |  | -- |  |  |  | -- |
|  |  | 24,978 |  |  |  | 4,950 |  |  |  | 21,643 |  |  |  | 297 |  |  |  | 376 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 373 |  |  |  | -- |  |  |  | 292 |  |  |  | 7 |  |  |  | 14 |
Agricultural |  |  | 196 |  |  |  | -- |  |  |  | 254 |  |  |  | (28 | ) |  |  | -- |
Commercial Construction |  |  | 25,903 |  |  |  | 2,965 |  |  |  | 20,840 |  |  |  | 99 |  |  |  | 168 |
Commercial Real Estate |  |  | 35,816 |  |  |  | 1,473 |  |  |  | 31,808 |  |  |  | 365 |  |  |  | 412 |
Residential Real Estate |  |  | 9,765 |  |  |  | 512 |  |  |  | 6,541 |  |  |  | 157 |  |  |  | 173 |
Farmland |  |  | 211 |  |  |  | -- |  |  |  | 328 |  |  |  | 66 |  |  |  | 66 |
Consumer |  |  | 158 |  |  |  | -- |  |  |  | 181 |  |  |  | 3 |  |  |  | 4 |
Other |  |  | 43 |  |  |  | -- |  |  |  | 72 |  |  |  | 1 |  |  |  | 1 |
|  | $ | 72,465 |  |  | $ | 4,950 |  |  | $ | 60,316 |  |  | $ | 670 |  |  | $ | 838 |
Loans modified in troubled debt restructuring | As discussed in Note 1, Summary of Significant Accounting Policies, once a loan is identified as a TDR, it is accounted for as an impaired loan. The Company had no unfunded commitments to lend to a customer that has a troubled debt restructured loan as of June 30, 2012. The following tables present the number of loan contracts restructured during the three and six months ended June 30, 2012. It shows the pre- and post-modification recorded investment as well as the number of contracts and the recorded investment for those TDRs modified during the previous twelve months which subsequently defaulted during the period. The company did not have any loans modified as a troubled debt restructured loan in the three month period ending June 30, 2012. Loans modified in a troubled debt restructuring are considered to be in default once the loan becomes 90 days past due.
|  | Three Months Ending June 30, 2012 |  |  | Six Months Ending June 30, 2012 |
Troubled Debt Restructurings |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | # of Contracts |  |  | Pre-Modification |  |  | Post-Modification |  |  | # of Contracts |  |  | Pre-Modification |  |  | Post-Modification |
Commercial RE |  |  | ---- |  |  | $ | ---- |  |  | $ | ---- |  |  |  | 1 |  |  | $ | 57 |  |  | $ | 57 |
Residential RE |  |  | ---- |  |  |  | ---- |  |  |  | ---- |  |  |  | 1 |  |  |  | 227 |  |  |  | 224 |
Total Loans |  |  | ---- |  |  | $ | ---- |  |  | $ | ---- |  |  |  | 2 |  |  | $ | 284 |  |  | $ | 281 |
|  | Three Months Ending June 30, 2012 |  |  | Six Months Ending June 30, 2012 |
Troubled Debt Restructurings |  |  |  |  |  |  |  |  |  |  |  |
That Subsequently Defaulted |  |  |  |  |  |  |  |  |  |  |  |
|  | # of Contracts |  |  | Recorded Investment |  |  | # of Contracts |  |  | Recorded Investment |
Commercial Construction |  |  | ---- |  |  | $ | ---- |  |  |  | 1 |  |  | $ | 64 |
Residential RE |  |  | ---- |  |  |  | ---- |  |  |  | 1 |  |  |  | 50 |
Total Loans |  |  | ---- |  |  | $ | ---- |  |  |  | 2 |  |  | $ | 114 |

X
- 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 -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953659-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=7880640&loc=SL6953803-111525 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of impaired financing receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5212-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953401-111524 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3, 4 -Article 5 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables and troubled debt restructurings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953682-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953676-111524 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration