Loans and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2016

Loans and Leases Receivable Disclosure [Abstract]

Schedule of summary of loans, by major class within the Company's loan portfolio

	March 31,		December 31,
(in thousands)	2016		2015
Commercial, financial, and agricultural	$	148,040	$	149,091
Real estate construction - residential		18,017		16,895
Real estate construction - commercial		36,322		33,943
Real estate mortgage - residential		254,933		256,086
Real estate mortgage - commercial		392,991		385,869
Installment and other consumer		25,009		23,196
Total loans	$	875,312	$	865,080

Schedule of summary of the allowance for loan losses

	Three Months Ended March 31, 2016
	Commercial,			Real Estate			Real Estate			Real Estate			Real Estate			Installment
	Financial, &			Construction -			Construction -			Mortgage -			Mortgage -			Loans to			Un-
(in thousands)	Agricultural			Residential			Commercial			Residential			Commercial			Individuals			allocated			Total
Balance at beginning of period	$	2,153		$	59		$	644		$	2,439		$	2,935		$	273		$	101		$	8,604
Additions:
Provision for loan losses		(12	)		(15	)		33			32			276			(6	)		(58	)		250
Deductions:
Loans charged off		103			0			1			206			82			56			0			448
Less recoveries on loans		(97	)		0			(11	)		(8	)		(61	)		(48	)		0			(225	)
Net loans charged off		6			0			(10	)		198			21			8			0			223
Balance at end of period	$	2,135		$	44		$	687		$	2,273		$	3,190		$	259		$	43		$	8,631

	Three Months Ended March 31, 2015
	Commercial,			Real Estate			Real Estate			Real Estate			Real Estate			Installment
	Financial, &			Construction -			Construction -			Mortgage -			Mortgage -			Loans to			Un-
(in thousands)	Agricultural			Residential			Commercial			Residential			Commercial			Individuals			allocated		Total
Balance at beginning of period	$	1,779		$	171		$	466		$	2,527		$	3,846		$	270		$	40	$	9,099
Additions:
Provision for loan losses		(185	)		(300	)		(92	)		241			259			(67	)		144		0
Deductions:
Loans charged off		28			0			0			71			24			48			0		171
Less recoveries on loans		(575	)		(177	)		0			(12	)		(34	)		(35	)		0		(833	)
Net loans charged off		(547	)		(177	)		0			59			(10	)		13			0		(662	)
Balance at end of period	$	2,141		$	48		$	374		$	2,709		$	4,115		$	190		$	184	$	9,761

	Commercial,		Real Estate		Real Estate		Real Estate		Real Estate		Installment
	Financial, and		Construction -		Construction -		Mortgage -		Mortgage -		Loans to		Un-
(in thousands)	Agricultural		Residential		Commercial		Residential		Commercial		Individuals		allocated		Total
March 31, 2016
Allowance for loan losses:
Individually evaluated for impairment	$	260	$	0	$	8	$	980	$	69	$	31	$	0	$	1,348
Collectively evaluated for impairment		1,875		44		679		1,293		3,121		228		43		7,283
Total	$	2,135	$	44	$	687	$	2,273	$	3,190	$	259	$	43	$	8,631
Loans outstanding:
Individually evaluated for
impairment	$	941	$	0	$	52	$	5,365	$	2,435	$	131	$	0	$	8,924
Collectively evaluated for impairment		147,099		18,017		36,270		249,568		390,556		24,878		0		866,388
Total	$	148,040	$	18,017	$	36,322	$	254,933	$	392,991	$	25,009	$	0	$	875,312

December 31, 2015
Allowance for loan losses:
Individually evaluated for impairment	$	285	$	0	$	15	$	955	$	266	$	19	$	0	$	1,540
Collectively evaluated for impairment		1,868		59		629		1,484		2,669		254		101		7,064
Total	$	2,153	$	59	$	644	$	2,439	$	2,935	$	273	$	101	$	8,604
Loans outstanding:
Individually evaluated for impairment	$	1,005	$	0	$	102	$	5,936	$	3,081	$	144	$	0	$	10,268
Collectively evaluated for impairment		148,086		16,895		33,841		250,150		382,788		23,052		0		854,812
Total	$	149,091	$	16,895	$	33,943	$	256,086	$	385,869	$	23,196	$	0	$	865,080

Schedule of impaired loans

	March 31,		December 31,
(in thousands)	2016		2015
Non-accrual loans	$	3,072	$	4,418
Performing TDRs		5,852		5,850
Total impaired loans	$	8,924	$	10,268

			Unpaid
	Recorded		Principal		Specific
(in thousands)	Investment		Balance		Reserves
March 31, 2016
With no related allowance recorded:
Commercial, financial and agricultural	$	433	$	433	$	0
Real estate - residential		1,215		1,219		0
Real estate - commercial		2,123		2,523		0
Total	$	3,771	$	4,175	$	0
With an allowance recorded:
Commercial, financial and agricultural	$	508	$	526	$	260
Real estate - construction commercial		52		56		8
Real estate - residential		4,150		4,178		980
Real estate - commercial		312		371		69
Consumer		131		171		31
Total	$	5,153	$	5,302	$	1,348
Total impaired loans	$	8,924	$	9,477	$	1,348

			Unpaid
	Recorded		Principal		Specific
(in thousands)	Investment		Balance		Reserves
December 31, 2015
With no related allowance recorded:
Commercial, financial and agricultural	$	448	$	450	$	0
Real estate - residential		1,645		1,712		0
Real estate - commercial		2,446		2,572		0
Total	$	4,539	$	4,734	$	0
With an allowance recorded:
Commercial, financial and agricultural	$	557	$	572	$	285
Real estate - construction commercial		102		115		15
Real estate - residential		4,291		4,320		955
Real estate - commercial		635		884		266
Consumer		144		182		19
Total	$	5,729	$	6,073	$	1,540
Total impaired loans	$	10,268	$	10,807	$	1,540

	Three Months Ended March 31,
	2016				2015
			Interest				Interest
	Average		Recognized		Average		Recognized
	Recorded		For the		Recorded		For the
(in thousands)	Investment		Period Ended		Investment		Period Ended
With no related allowance recorded:
Commercial, financial and agricultural	$	1,520	$	15	$	5,525	$	20
Real estate - construction residential		0		0		2,143		0
Real estate - construction commercial		118		0		2,319		0
Real estate - residential		1,513		39		3,180		12
Real estate - commercial		2,622		42		10,899		65
Consumer		0		0		28		0
Total	$	5,773	$	96	$	24,094	$	97
With an allowance recorded:
Commercial, financial and agricultural	$	984	$	12	$	1,798	$	6
Real estate - construction commercial		65		0		0		0
Real estate - residential		4,553		120		4,457		26
Real estate - commercial		764		0		1,286		0
Consumer		135		0		237		0
Total	$	6,501	$	132	$	7,778	$	32
Total impaired loans	$	12,274	$	228	$	31,872	$	129

Schedule of aging information for the Company's past due and non-accrual loans

	Current or				90 Days
	Less Than				Past Due
	30 Days		30 - 89 Days		And Still
(in thousands)	Past Due		Past Due		Accruing		Non-Accrual		Total
March 31, 2016
Commercial, Financial, and Agricultural	$	147,386	$	395	$	0	$	259	$	148,040
Real Estate Construction - Residential		18,017		0		0		0		18,017
Real Estate Construction - Commercial		36,270		0		0		52		36,322
Real Estate Mortgage - Residential		251,366		1,783		58		1,726		254,933
Real Estate Mortgage - Commercial		391,798		289		0		904		392,991
Installment and Other Consumer		24,766		104		8		131		25,009
Total	$	869,603	$	2,571	$	66	$	3,072	$	875,312
December 31, 2015
Commercial, Financial, and Agricultural	$	148,597	$	185	$	1	$	308	$	149,091
Real Estate Construction - Residential		16,830		0		0		0		16,830
Real Estate Construction - Commercial		33,472		65		0		102		33,639
Real Estate Mortgage - Residential		251,253		2,511		0		2,322		256,086
Real Estate Mortgage - Commercial		384,053		643		0		1,542		386,238
Installment and Other Consumer		22,840		207		5		144		23,196
Total	$	857,045	$	3,611	$	6	$	4,418	$	865,080

Schedule of risk categories by class

(in thousands)	Commercial, Financial, & Agricultural		Real Estate Construction - Residential		Real Estate Construction - Commercial		Real Estate Mortgage - Residential		Real Estate Mortgage - Commercial		Installment and other Consumer		Total
At March 31, 2016
Watch	$	7,152	$	1,064	$	1,162	$	23,291	$	22,909	$	0	$	55,578
Substandard		230		0		37		1,929		1,613		0		3,809
Performing TDRs		683		0		0		3,639		1,530		0		5,852
Non-accrual		259		0		52		1,726		904		131		3,072
Total	$	8,324	$	1,064	$	1,251	$	30,585	$	26,956	$	131	$	68,311

At December 31, 2015
Watch	$	8,663	$	1,267	$	1,296	$	22,191	$	24,303	$	186	$	57,906
Substandard		421		0		37		3,737		1,485		36		5,716
Performing TDRs		697		0		0		3,615		1,538		0		5,850
Non-accrual		308		0		102		2,322		1,542		144		4,418
Total	$	10,089	$	1,267	$	1,435	$	31,865	$	28,868	$	366	$	73,890

Schedule of summary of loans that were modified as TDRs

	Three Months Ended March 31,
	2016						2015
	Recorded Investment (1)						Recorded Investment (1)
(in thousands)	Number of Contracts		Pre- Modification		Post- Modification		Number of Contracts		Pre- Modification		Post- Modification
Troubled Debt Restructurings
Commercial, financial and agricultural		0	$	0	$	0		3	$	250	$	250
Real estate mortgage - residential		1		78,148		78,148		2		144		144
Real estate mortgage - commercial		0		0		0		3		473		473
Total		1	$	78,148	$	78,148		8	$	867	$	867

(1) The amounts reported post-modification are inclusive of all partial pay-downs and charge-offs, and no portion of the debt was forgiven. Loans modified as a TDR that were fully paid down, charged-off or foreclosed upon during the period ended are not reported.