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Allowance For Loan Losses (Tables) | 6 Months Ended
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Jun. 30, 2012
Allowance For Loan Losses [Abstract] |
Changes In Allowance For Loan Losses |
| Six Months Ended June 30, 2012 | Year Ended December 31, 2011 | Six Months Ended June 30, 2011
| (in thousands)
Balance, beginning | $ | 8,743 |  | $ | 7,111 |  | $ | 7,111 |
Provision charged to operating expense |  | 600 |  |  | 3,750 |  |  | 1,800 |
Recoveries added to the allowance |  | 131 |  |  | 848 |  |  | 452 |
Loan losses charged to the allowance |  | (846 | ) |  | (2,966 | ) |  | (1,529 | )
Balance, ending | $ | 8,628 |  | $ | 8,743 |  | $ | 7,834 |
Nonaccrual And Past Due Loans By Class |
| As of June 30, 2012 (in thousands)
| 30 - 59 Days Past Due | 60 - 89 Days Past Due | 90 or More Days Past Due | Total Past Due | Current | Total Loans | 90 or More Days Past Due Still Accruing | Nonaccrual Loans
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial | $ | 424 | $ | 15 | $ | 2 | $ | 441 | $ | 21,890 | $ | 22,331 | $ | 2 | $ | -
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  | 380 |  | 1,051 |  | 99 |  | 1,530 |  | 91,030 |  | 92,560 |  | - |  | 384
Non-owner occupied |  | 1,076 |  | 139 |  | - |  | 1,215 |  | 36,462 |  | 37,677 |  | - |  | 139
Construction and Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential |  | - |  | - |  | - |  | - |  | 11,312 |  | 11,312 |  | - |  | -
Commercial |  | 210 |  | 105 |  | 162 |  | 477 |  | 28,288 |  | 28,765 |  | 162 |  | 144
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment |  | 83 |  | 16 |  | - |  | 99 |  | 12,912 |  | 13,011 |  | - |  | -
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity Lines |  | 331 |  | - |  | - |  | 331 |  | 32,827 |  | 33,158 |  | - |  | 420
Single family |  | 2,491 |  | 249 |  | - |  | 2,740 |  | 179,511 |  | 182,251 |  | - |  | 605
Multifamily |  | - |  | - |  | - |  | - |  | 4,215 |  | 4,215 |  | - |  | -
All Other Loans |  | - |  | - |  | - |  | - |  | 3,225 |  | 3,225 |  | - |  | -
Total | $ | 4,995 | $ | 1,575 | $ | 263 | $ | 6,833 | $ | 421,672 | $ | 428,505 | $ | 164 | $ | 1,692
| As of December 31, 2011 (in thousands)
| 30 - 59 Days Past Due | 60 - 89 Days Past Due | 90 or More Days Past Due | Total Past Due | Current | Total Loans | 90 or More Past Due Still Accruing | Nonaccrual Loans
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial | $ | 114 | $ | 421 | $ | - | $ | 535 | $ | 22,331 | $ | 22,866 | $ | - | $ | -
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  | 174 |  | 9 |  | 447 |  | 630 |  | 82,476 |  | 83,106 |  | - |  | 600
Non-owner occupied |  | 873 |  | 1,102 |  | - |  | 1,975 |  | 32,962 |  | 34,937 |  | - |  | 234
Construction and Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential |  | - |  | - |  | - |  | - |  | 10,594 |  | 10,594 |  | - |  | 151
Commercial |  | - |  | - |  | - |  | - |  | 24,375 |  | 24,375 |  | - |  | -
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment |  | 114 |  | 13 |  | 5 |  | 132 |  | 13,053 |  | 13,185 |  | 5 |  | -
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity Lines |  | 217 |  | 30 |  | - |  | 247 |  | 33,182 |  | 33,429 |  | - |  | 177
Single family |  | 2,187 |  | 194 |  | 717 |  | 3,098 |  | 176,111 |  | 179,209 |  | 89 |  | 1,287
Multifamily |  | - |  | - |  | - |  | - |  | 4,517 |  | 4,517 |  | - |  | -
All Other Loans |  | - |  | - |  | - |  | - |  | 4,206 |  | 4,206 |  | - |  | -
Total | $ | 3,679 | $ | 1,769 | $ | 1,169 | $ | 6,617 | $ | 403,807 | $ | 410,424 | $ | 94 | $ | 2,449
Allowance For Loan Losses By Segment |
As of and for the Six Months Ended June 30, 2012 (in thousands )
| Co nstruction and Farmland | Residential Real Estate | Commercial Real Estate | Commercial | Consumer | All Other Loans | Unallocated | Total
Allowa nce for credit losses : |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance | $ | 2,618 | $ | 3,544 |  | $ | 1,057 |  | $ | 1,077 |  | $ | 131 |  | $ | 123 |  | $ | 193 | $ | 8,743 |
Charge-Offs |  | - |  | (436 | ) |  | (278 | ) |  | (46 | ) |  | (76 | ) |  | (10 | ) |  | - |  | (846 | )
Recoveries |  | 1 |  | 57 |  |  | 1 |  |  | 25 |  |  | 42 |  |  | 5 |  |  | - |  | 131 |
Provision |  | 56 |  | (152 | ) |  | 738 |  |  | (279 | ) |  | 23 |  |  | (11 | ) |  | 225 |  | 600 |
Ending balance | $ | 2,675 | $ | 3,013 |  | $ | 1,518 |  | $ | 777 |  | $ | 120 |  | $ | 107 |  | $ | 418 | $ | 8,628 |
Ending balance: Individually evaluated for impairment | $ | 1,430 | $ | 1,582 |  | $ | 294 |  | $ | 247 |  | $ | - |  | $ | - |  | $ | - | $ | 3,553 |
Ending balance: collectively evaluated for impairment | $ | 1,245 | $ | 1,431 |  | $ | 1,224 |  | $ | 530 |  | $ | 120 |  | $ | 107 |  | $ | 418 | $ | 5,075 |
F inancing rece ivables: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance | $ | 40,077 | $ | 219,624 |  | $ | 130,237 |  | $ | 22,331 |  | $ | 13,011 |  | $ | 3,225 |  | $ | - | $ | 428,505 |
Ending balance individually evaluated for impairment | $ | 3,347 | $ | 8,278 |  | $ | 6,037 |  | $ | 247 |  | $ | - |  | $ | - |  | $ | - | $ | 17,909 |
Ending balance collectively evaluated for impairment | $ | 36,730 | $ | 211,346 |  | $ | 124,200 |  | $ | 22,084 |  | $ | 13,011 |  | $ | 3,225 |  | $ | - | $ | 410,596 |
| As of and for the Twelve Months Ended Decembe r 31, 2011 (in thousands)
| Construction and Farmland | Residential Real Estate | C mmercial Real Estate | Commercial | Consumer | All Other Loans | Unallocated | Total
Allowa nce for credit losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance | $ | 1,386 |  | $ | 3,457 |  | $ | 1,231 |  | $ | 819 |  | $ | 182 |  | $ | 36 |  | $ | - | $ | 7,111 |
Charge-Offs |  | (721 | ) |  | (1,203 | ) |  | (14 | ) |  | (572 | ) |  | (331 | ) |  | (125 | ) |  | - |  | (2,966 | )
Recoveries |  | 5 |  |  | 298 |  |  | 2 |  |  | 292 |  |  | 195 |  |  | 56 |  |  | - |  | 848 |
Provision |  | 1,948 |  |  | 992 |  |  | (162 | ) |  | 538 |  |  | 85 |  |  | 156 |  |  | 193 |  | 3,750 |
Ending balance | $ | 2,618 |  | $ | 3,544 |  | $ | 1,057 |  | $ | 1,077 |  | $ | 131 |  | $ | 123 |  | $ | 193 | $ | 8,743 |
Ending balance: Individually evaluated for impairment | $ | 1,468 |  | $ | 2,071 |  | $ | 150 |  | $ | 544 |  | $ | - |  | $ | - |  | $ | - | $ | 4,233 |
Ending balance: collectively evaluated for impairment | $ | 1,150 |  | $ | 1,473 |  | $ | 907 |  | $ | 533 |  | $ | 131 |  | $ | 123 |  | $ | 193 | $ | 4,510 |
F inancing receivables: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance | $ | 34,969 |  | $ | 217,155 |  | $ | 118,043 |  | $ | 22,866 |  | $ | 13,185 |  | $ | 4,206 |  | $ | - | $ | 410,424 |
Ending balance individually evaluated for impairment | $ | 3,357 |  | $ | 9,748 |  | $ | 6,186 |  | $ | 599 |  | $ | - |  | $ | - |  | $ | - | $ | 19,890 |
Ending balance collectively evaluated for impairment | $ | 31,612 |  | $ | 207,407 |  | $ | 111,857 |  | $ | 22,267 |  | $ | 13,185 |  | $ | 4,206 |  | $ | - | $ | 390,534 |
Impaired Loans By Class |
As of June 30, 2012 (in thousands)
| Unpaid Principal Balance | Recorded Investment | Related Allowance | Average Recorded Investment | Interest Income Recognized
With no related allowance: |  |  |  |  |  |  |  |  |  |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |
Commercial & Industrial | $ | - | $ | - | $ | - | $ | - | $ | -
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |
Owner Occupied |  | 2,454 |  | 2,462 |  | - |  | 2,675 |  | 68
Non-owner occupied |  | 2,248 |  | 2,254 |  | - |  | 2,382 |  | 72
Construction and Farmland: |  |  |  |  |  |  |  |  |  |
Residential |  | - |  | - |  | - |  | - |  | -
Commercial |  | 353 |  | 353 |  | - |  | 362 |  | 4
Residential |  |  |  |  |  |  |  |  |  |
Equity lines |  | 171 |  | 171 |  | - |  | 189 |  | -
Single family |  | 3,871 |  | 3,881 |  | - |  | 4,186 |  | 73
Multifamily |  | - |  | - |  | - |  | - |  | -
Other Loans |  | - |  | - |  | - |  | - |  | -
| $ | 9,097 | $ | 9,121 | $ | - | $ | 9,794 | $ | 217
With an allowance recorded: |  |  |  |  |  |  |  |  |  |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |
Commercial & Industrial | $ | 247 | $ | 247 | $ | 247 | $ | 248 | $ | 8
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |
Owner Occupied |  | - |  | - |  | - |  | - |  | -
Non-owner occupied |  | 1,335 |  | 1,338 |  | 294 |  | 1,345 |  | 53
Construction and Farmland: |  |  |  |  |  |  |  |  |  |
Residential |  | - |  | - |  | - |  | - |  | -
Commercial |  | 2,994 |  | 3,015 |  | 1,430 |  | 3,017 |  | 62
Residential |  |  |  |  |  |  |  |  |  |
Equity lines |  | 399 |  | 399 |  | 251 |  | 403 |  | 2
Single family |  | 3,837 |  | 3,847 |  | 1,331 |  | 3,929 |  | 112
Multifamily |  | - |  | - |  | - |  | - |  | -
Other Loans |  | - |  | - |  | - |  | - |  | -
| $ | 8,812 | $ | 8,846 | $ | 3,553 | $ | 8,942 | $ | 237
Total: |  |  |  |  |  |  |  |  |  |
Commercial | $ | 247 | $ | 247 | $ | 247 | $ | 248 | $ | 8
Commercial Real Estate |  | 6,037 |  | 6,054 |  | 294 |  | 6,402 |  | 193
Construction and Farmland |  | 3,347 |  | 3,368 |  | 1,430 |  | 3,379 |  | 66
Residential |  | 8,278 |  | 8,298 |  | 1,582 |  | 8,707 |  | 187
Other |  | - |  | - |  | - |  | - |  | -
Total | $ | 17,909 | $ | 17,967 | $ | 3,553 | $ | 18,736 | $ | 454
| As of December 31, 2011 (in thousands)
| Unpaid Principal Balance | Recorded Investment | Related Allowance | Average Recorded Investment | Interest Income Recognized
With no related allowance: |  |  |  |  |  |  |  |  |  |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |
Commercial & Industrial | $ | 5 | $ | 5 | $ | - | $ | 2 | $ | -
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |
Owner Occupied |  | 2,521 |  | 2,529 |  | - |  | 2,575 |  | 132
Non-owner occupied |  | 2,552 |  | 2,567 |  | - |  | 2,623 |  | 110
Construction and Farmland: |  |  |  |  |  |  |  |  |  |
Residential |  | - |  | - |  | - |  | - |  | -
Commercial |  | 361 |  | 361 |  | - |  | 466 |  | 21
Residential: |  |  |  |  |  |  |  |  |  |
Equity lines |  | 177 |  | 177 |  | - |  | 190 |  | -
Single family |  | 3,237 |  | 3,242 |  | - |  | 3,840 |  | 97
Multifamily |  | - |  | - |  | - |  | - |  | -
Other Loans |  | - |  | - |  | - |  | - |  | -
| $ | 8,853 | $ | 8,881 | $ | - | $ | 9,696 | $ | 360
With an allowance recorded: |  |  |  |  |  |  |  |  |  |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |
Commercial & Industrial | $ | 594 | $ | 600 | $ | 544 | $ | 602 | $ | 26
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |
Owner Occupied |  | - |  | - |  | - |  | - |  | -
Non-owner occupied |  | 1,112 |  | 1,124 |  | 150 |  | 1,128 |  | 64
Construction and Farmland: |  |  |  |  |  |  |  |  |  |
Residential |  | - |  | - |  | - |  | - |  | -
Commercial |  | 2,997 |  | 3,006 |  | 1,468 |  | 3,012 |  | 147
Residential: |  |  |  |  |  |  |  |  |  |
Equity lines |  | 402 |  | 404 |  | 325 |  | 404 |  | 13
Single family |  | 5,932 |  | 5,940 |  | 1,746 |  | 6,029 |  | 236
Multifamily |  | - |  | - |  | - |  | - |  | -
Other Loans |  | - |  | - |  | - |  | - |  | -
| $ | 11,037 | $ | 11,074 | $ | 4,233 | $ | 11,175 | $ | 486
Total: |  |  |  |  |  |  |  |  |  |
Commercial | $ | 599 | $ | 605 | $ | 544 | $ | 604 | $ | 26
Commercial Real Estate |  | 6,185 |  | 6,220 |  | 150 |  | 6,326 |  | 306
Construction and Farmland |  | 3,358 |  | 3,367 |  | 1,468 |  | 3,478 |  | 168
Residential |  | 9,748 |  | 9,763 |  | 2,071 |  | 10,463 |  | 346
Other |  | - |  | - |  | - |  | - |  | -
Total | $ | 19,890 | $ | 19,955 | $ | 4,233 | $ | 20,871 | $ | 846
Credit Quality Information By Class |
As of June 30, 2012 (in thousands)
INTERNAL RISK RATING GRADES | Pass | Watch | Special Mention | Substandard | Doubtful | Loss | Total
Co mmercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Co mmercial &Indus trial | $ | 18,074 | $ | 2,510 | $ | 81 | $ | 1,634 | $ | 32 | $ | - | $ | 22,331
Co mmercial Real Es tate: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  | 74,850 |  | 6,798 |  | 6,614 |  | 4,055 |  | 243 |  | - |  | 92,560
No n-o wner o ccupied |  | 23,346 |  | 5,656 |  | 1,785 |  | 6,752 |  | 138 |  | - |  | 37,677
Co ns tructio n and Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Res idential |  | 10,644 |  | - |  | 668 |  | - |  | - |  | - |  | 11,312
Co mmercial |  | 19,832 |  | 2,032 |  | 2,921 |  | 3,882 |  | 98 |  | - |  | 28,765
Res idential: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity Lines |  | 31,777 |  | 70 |  | 144 |  | 918 |  | 249 |  | - |  | 33,158
Single family |  | 153,414 |  | 6,677 |  | 11,034 |  | 10,394 |  | 732 |  | - |  | 182,251
Multifamily |  | 2,091 |  | 2,124 |  | - |  | - |  | - |  | - |  | 4,215
All o ther lo ans |  | 3,225 |  | - |  | - |  | - |  | - |  | - |  | 3,225
To tal | $ | 337,253 | $ | 25,867 | $ | 23,247 | $ | 27,635 | $ | 1,492 | $ | - | $ | 415,494
| P erfo rming | No nperfo rming
Co ns umer Credit Expo s ure by |  |  |  |
P ayment Activity | $ | 12,912 | $ | 99
| A s o f D e c e m be r 3 1, 2 0 11 (in tho us a nds )
INTERNAL RISK RATING GRADES | P as s | Watch | Special Mentio n | Subs tandard | Do ubtful | Lo s s | To tal
Co mmercial - No n Real Es tate: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Co mmercial &Indus trial | $ | 16,960 | $ | 2,668 | $ | 991 | $ | 2,215 | $ | 32 | $ | - | $ | 22,866
Co mmercial Real Es tate: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  | 65,651 |  | 6,613 |  | 5,759 |  | 4,641 |  | 442 |  | - |  | 83,106
No n-o wner o ccupied |  | 21,573 |  | 6,688 |  | 1,330 |  | 5,113 |  | 233 |  | - |  | 34,937
Co ns tructio n and Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Res idential |  | 9,839 |  | - |  | 755 |  | - |  | - |  | - |  | 10,594
Co mmercial |  | 15,990 |  | 1,657 |  | 2,595 |  | 4,029 |  | 104 |  | - |  | 24,375
Res idential: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity Lines |  | 31,862 |  | 227 |  | 355 |  | 985 |  | - |  | - |  | 33,429
Single family |  | 150,520 |  | 5,939 |  | 10,249 |  | 11,134 |  | 1,367 |  | - |  | 179,209
Multifamily |  | 2,320 |  | 1,230 |  | 967 |  | - |  | - |  | - |  | 4,517
All o ther lo ans |  | 3,485 |  | - |  | 721 |  | - |  | - |  | - |  | 4,206
To tal | $ | 318,200 | $ | 25,022 | $ | 23,722 | $ | 28,117 | $ | 2,178 | $ | - | $ | 397,239
| P erfo rming | No nperfo rming
Co ns umer Credit Expo s ure by |  |  |  |
P ayment Activity | $ | 13,053 | $ | 132

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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 -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524 + Details
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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 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
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