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Loans | 12 Months Ended
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Dec. 31, 2014
Loans and Leases Receivable Disclosure [Abstract] |
Loans | Loans The composition of loans at December 31, 2014 and 2013 was as follows:
|  | December 31,
|  | 2014 |  | 2013
|  | (in thousands)
Mortgage loans on real estate: |  |  |  |
Construction and land development |  | $ | 25,887 |  |  | $ | 27,047 |
Secured by farmland |  | 10,602 |  |  | 9,886 |
Secured by 1-4 family residential properties |  | 224,694 |  |  | 218,633 |
Multifamily |  | 3,016 |  |  | 2,850 |
Commercial |  | 161,299 |  |  | 148,166 |
Loans to farmers |  | 957 |  |  | 1,321 |
Commercial and industrial loans |  | 28,132 |  |  | 20,865 |
Consumer installment loans |  | 13,874 |  |  | 13,785 |
All other loans |  | 1,359 |  |  | 1,720 |
|  | $ | 469,820 |  |  | $ | 444,273 |
Less: Allowance for loan losses |  | 5,080 |  |  | 5,488 |
|  | $ | 464,740 |  |  | $ | 438,785 |

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- Definition The entire disclosure for financing receivables. Examples of financing receivables include, but are not limited to, loans, trade accounts receivables, notes receivable, credit cards, and receivables relating to a lessor's right(s) to payment(s) from a lease other than an operating lease that is recognized as assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953791-111525 + Details
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