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Loans and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2016

Loans and Leases Receivable Disclosure [Abstract]

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

		September 30,				December 31,
(in thousands)		2016				2015
Commercial, financial, and agricultural		$	172,274			$	149,091
Real estate construction - residential			17,066				16,895
Real estate construction - commercial			48,743				33,943
Real estate mortgage - residential			256,786				256,086
Real estate mortgage - commercial			423,779				385,869
Installment and other consumer			29,123				23,196
Total loans		$	947,771			$	865,080

Schedule of summary of the allowance for loan losses

		Three Months Ended September 30, 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		$	2,996			$	63			$	249			$	2,293			$	3,411			$	284			$	96			$	9,392
Additions:
Provision for loan losses			(94	)			(4	)			44				(152	)			450				50				6				300
Deductions:
Loans charged off			157				0				0				92				27				86				0				362
Less recoveries on loans			(26	)			0				0				(31	)			(36	)			(47	)			0				(140	)
Net loans charged off			131				0				0				61				(9	)			39				0				222
Balance at end of period		$	2,771			$	59			$	293			$	2,080			$	3,870			$	295			$	102			$	9,470

		Nine Months Ended September 30, 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			710				0				(852	)			66				944				106				1				975
Deductions:
Loans charged off			295				0				1				474				137				209				0				1,116
Less recoveries on loans			(203	)			0				(502	)			(49	)			(128	)			(125	)			0				(1,007	)
Net loans charged off			92				0				(501	)			425				9				84				0				109
Balance at end of period		$	2,771			$	59			$	293			$	2,080			$	3,870			$	295			$	102			$	9,470

		Three Months Ended September 30, 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		$	3,124			$	17			$	414			$	2,332			$	3,870			$	185			$	44			$	9,986
Additions:
Provision for loan losses			439				(27	)			137				(233	)			(503	)			66				121				0
Deductions:
Loans charged off			591				0				0				87				126				80				0				884
Less recoveries on loans			(28	)			(28	)			0				(45	)			(5	)			(38	)			0				(144	)
Net loans charged off			563				(28	)			0				42				121				42				0				740
Balance at end of period		$	3,000			$	18			$	551			$	2,057			$	3,246			$	209			$	165			$	9,246

		Nine Months Ended September 30, 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			1,319				(475	)			90				(277	)			(598	)			66				125				250
Deductions:
Loans charged off			741				0				5				298				159				241				0				1,444
Less recoveries on loans			(643	)			(322	)			0				(105	)			(157	)			(114	)			0				(1,341	)
Net loans (recovered) charged off			98				(322	)			5				193				2				127				0				103
Balance at end of period		$	3,000			$	18			$	551			$	2,057			$	3,246			$	209			$	165			$	9,246

The following table provides the balance in the allowance for loan losses at September 30, 2016 and December 31, 2015, and the related loan balance by impairment methodology.

		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
September 30, 2016
Allowance for loan losses:
Individually evaluated for impairment		$	632			$	0			$	8			$	386			$	262			$	14			$	0			$	1,302
Collectively evaluated for impairment			2,139				59				285				1,694				3,608				281				102				8,168
Total		$	2,771			$	59			$	293			$	2,080			$	3,870			$	295			$	102			$	9,470
Loans outstanding:
Individually evaluated for impairment		$	1,811			$	0			$	51			$	5,195			$	2,068			$	117			$	0			$	9,242
Collectively evaluated for impairment			170,463				17,066				48,692				251,591				421,711				29,006				0				938,529
Total		$	172,274			$	17,066			$	48,743			$	256,786			$	423,779			$	29,123			$	0			$	947,771
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

		September 30,				December 31,
(in thousands)		2016				2015
Non-accrual loans		$	3,587			$	4,418
Performing TDRs			5,655				5,850
Total impaired loans		$	9,242			$	10,268

						Unpaid
		Recorded				Principal				Specific
(in thousands)		Investment				Balance				Reserves
September 30, 2016
With no related allowance recorded:
Commercial, financial and agricultural		$	787			$	927			$	0
Real estate - residential			1,345				1,346				0
Total		$	2,132			$	2,273			$	0
With an allowance recorded:
Commercial, financial and agricultural		$	1,024			$	1,059			$	632
Real estate - construction commercial			51				56				8
Real estate - residential			3,850				3,914				386
Real estate - commercial			2,068				2,404				262
Consumer			117				147				14
Total		$	7,110			$	7,580			$	1,302
Total impaired loans		$	9,242			$	9,853			$	1,302

						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 September 30,																Nine Months Ended September 30,
		2016								2015								2016								2015
						Interest								Interest								Interest								Interest
		Average				Recognized				Average				Recognized				Average				Recognized				Average				Recognized
		Recorded				For the				Recorded				For the				Recorded				For the				Recorded				For the
(in thousands)		Investment				Period Ended				Investment				Period Ended				Investment				Period Ended				Investment				Period Ended
With no related allowance recorded:
Commercial, financial and agricultural		$	460			$	(9	)		$	3,416			$	6			$	491			$	18			$	4,033			$	33
Real estate - construction residential			0				0				0				0				0				0				1,101				0
Real estate - construction commercial			0				0				0				0				0				0				2,002				0
Real estate - residential			2,050				27				2,326				5				1,640				63				2,924				26
Real estate - commercial			1,167				17				2,958				17				1,769				17				8,978				103
Consumer			0				0				0				0				0				0				10				1
Total		$	3,677			$	35			$	8,700			$	28			$	3,900			$	98			$	19,048			$	163
With an allowance recorded:
Commercial, financial and agricultural		$	1,398			$	(13	)		$	787			$	5			$	924			$	9			$	1,389			$	18
Real estate - construction residential			0				0				0				0				0				0				0				0
Real estate - construction commercial			51				0				55				0				64				0				28				0
Real estate - residential			2,992				20				4,850				30				3,741				78				4,713				80
Real estate - commercial			811				14				1,228				0				717				61				1,216				0
Consumer			118				(1	)			162				0				123				0				209				0
Total		$	5,370			$	20			$	7,082			$	35			$	5,569			$	148			$	7,555			$	98
Total impaired loans		$	9,047			$	55			$	15,782			$	63			$	9,469			$	246			$	26,603			$	261

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
September 30, 2016
Commercial, Financial, and Agricultural		$	170,674			$	443			$	0			$	1,157			$	172,274
Real Estate Construction - Residential			16,815				251				0				0				17,066
Real Estate Construction - Commercial			48,692				0				0				51				48,743
Real Estate Mortgage - Residential			253,884				1,138				60				1,704				256,786
Real Estate Mortgage - Commercial			422,409				811				0				559				423,779
Installment and Other Consumer			28,846				160				1				116				29,123
Total		$	941,320			$	2,803			$	61			$	3,587			$	947,771
December 31, 2015
Commercial, Financial, and Agricultural		$	148,597			$	185			$	1			$	308			$	149,091
Real Estate Construction - Residential			16,895				0				0				0				16,895
Real Estate Construction - Commercial			33,776				65				0				102				33,943
Real Estate Mortgage - Residential			251,253				2,511				0				2,322				256,086
Real Estate Mortgage - Commercial			383,684				643				0				1,542				385,869
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 September 30, 2016
Watch		$	9,858			$	662			$	1,167			$	18,078			$	45,869			$	0			$	75,634
Substandard			140				0				0				1,201				462				0				1,803
Performing TDRs			654				0				0				3,492				1,509				0				5,655
Non-accrual			1,157				0				51				1,704				559				116				3,587
Total		$	11,809			$	662			$	1,218			$	24,475			$	48,399			$	116			$	86,679
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 September 30,
		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			2			$	32			$	32				0			$	0			$	0
Real estate mortgage - residential			4				298				296				0				0				0
Total			6			$	330			$	328				0			$	0			$	0

		Nine Months Ended September 30,
		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			2			$	32			$	32				3			$	250			$	240
Real estate mortgage - residential			5				376				374				3				510				464
Real estate mortgage - commercial			0				0				0				4				1,273				1,137
Total			7			$	408			$	406				10			$	2,033			$	1,841

(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.

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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
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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
-Topic 310
-SubTopic 10
-Section 55
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953803-111525

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Tabular disclosure of impaired financing receivables.

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-Publisher FASB
-Name Accounting Standards Codification
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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
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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.

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Tabular disclosure of financing receivables and troubled debt restructurings.

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