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Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2015

Receivables [Abstract]

Changes In Allowance For Loan Losses

Changes in the allowance for loan losses for the years December 31, 2015, 2014 and 2013 were as follows:

	December 31,
	2015				2014				2013
					(in thousands)
Balance, beginning	$	5,080			$	5,488			$	6,577
(Recovery of) provision for loan losses	(227		)		350				—
Recoveries added to the allowance	562				725				233
Loan losses charged to the allowance	(456		)		(1,483		)		(1,322		)
Balance, ending	$	4,959			$	5,080			$	5,488

Nonaccrual And Past Due Loans By Class

Nonaccrual and past due loans by class at December 31, 2015 and December 31, 2014 were as follows:

	December 31, 2015
	(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	$	1			$	—			$	—			$	1			$	29,365			$	29,366			$	—			$	475
Commercial Real Estate:
Owner Occupied	623				142				—				765				108,942				109,707				—				1,614
Non-owner occupied	—				55				746				801				64,664				65,465				—				948
Construction and Farmland:
Residential	50				—				—				50				8,509				8,559				—				—
Commercial	356				72				—				428				32,582				33,010				—				310
Consumer:
Installment	43				3				—				46				13,484				13,530				—				—
Residential:
Equity Lines	175				—				—				175				34,246				34,421				—				276
Single family	2,123				209				1,296				3,628				191,602				195,230				307				1,662
Multifamily	—				—				—				—				3,975				3,975				—				—
All Other Loans	—				—				—				—				2,310				2,310				—				—
Total	$	3,371			$	481			$	2,042			$	5,894			$	489,679			$	495,573			$	307			$	5,285

	December 31, 2014
	(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	$	28			$	—			$	—			$	28			$	28,104			$	28,132			$	—			$	2,106
Commercial Real Estate:
Owner Occupied	2,191				—				—				2,191				97,516				99,707				—				2,591
Non-owner occupied	56				210				808				1,074				60,518				61,592				—				1,231
Construction and Farmland:
Residential	—				52				—				52				5,149				5,201				—				—
Commercial	—				—				57				57				31,231				31,288				—				787
Consumer:
Installment	50				15				6				71				13,803				13,874				6				—
Residential:
Equity Lines	132				41				185				358				30,763				31,121				—				331
Single family	1,243				440				644				2,327				191,246				193,573				—				3,660
Multifamily	—				—				—				—				3,016				3,016				—				—
All Other Loans	—				—				—				—				2,316				2,316				—				—
Total	$	3,700			$	758			$	1,700			$	6,158			$	463,662			$	469,820			$	6			$	10,706

Allowance For Loan Losses By Segment

Allowance for loan losses by segment at December 31, 2015, December 31, 2014 and December 31, 2013 were as follows:

	As of and for the Twelve Months Ended
	December 31, 2015
	(in thousands)
	Construction and Farmland				Residential Real Estate				Commercial Real Estate				Commercial				Consumer				All Other Loans				Unallocated				Total
Allowance for credit losses:
Beginning Balance	$	951			$	1,977			$	1,347			$	464			$	103			$	42			$	196			$	5,080
Charge-Offs	(166		)		(152		)		(47		)		—				(66		)		(25		)		—				(456		)
Recoveries	75				142				115				181				33				16				—				562
Provision (recovery)	(85		)		355				(147		)		(434		)		39				20				25				(227		)
Ending balance	$	775			$	2,322			$	1,268			$	211			$	109			$	53			$	221			$	4,959
Ending balance: Individually evaluated for impairment	$	10			$	423			$	141			$	2			$	—			$	—			$	—			$	576
Ending balance: collectively evaluated for impairment	$	765			$	1,899			$	1,127			$	209			$	109			$	53			$	221			$	4,383
Loans:
Ending balance	$	41,569			$	233,626			$	175,172			$	29,366			$	13,530			$	2,310			$	—			$	495,573
Ending balance individually evaluated for impairment	$	1,392			$	7,209			$	4,555			$	847			$	—			$	—			$	—			$	14,003
Ending balance collectively evaluated for impairment	$	40,177			$	226,417			$	170,617			$	28,519			$	13,530			$	2,310			$	—			$	481,570

	As of and for the Twelve Months Ended
	December 31, 2014
	(in thousands)
	Construction and Farmland				Residential Real Estate				Commercial Real Estate				Commercial				Consumer				All Other Loans				Unallocated				Total
Allowance for credit losses:
Beginning Balance	$	1,032			$	2,225			$	1,337			$	555			$	102			$	82			$	155			$	5,488
Charge-Offs	(482		)		(808		)		(83		)		—				(86		)		(24		)		—				(1,483		)
Recoveries	26				63				381				164				87				4				—				725
Provision (recovery)	375				497				(288		)		(255		)		—				(20		)		41				350
Ending balance	$	951			$	1,977			$	1,347			$	464			$	103			$	42			$	196			$	5,080
Ending balance: Individually evaluated for impairment	$	93			$	303			$	203			$	44			$	—			$	—			$	—			$	643
Ending balance: collectively evaluated for impairment	$	858			$	1,674			$	1,144			$	420			$	103			$	42			$	196			$	4,437
Loans:
Ending balance	$	36,489			$	227,710			$	161,299			$	28,132			$	13,874			$	2,316			$	—			$	469,820
Ending balance individually evaluated for impairment	$	2,665			$	6,550			$	5,716			$	2,106			$	—			$	—			$	—			$	17,039
Ending balance collectively evaluated for impairment	$	33,824			$	221,160			$	155,583			$	26,026			$	13,874			$	2,316			$	—			$	452,783

	As of and for the Twelve Months Ended
	December 31, 2013
	(in thousands)
	Construction and Farmland				Residential Real Estate				Commercial Real Estate				Commercial				Consumer				All Other Loans				Unallocated				Total
Allowance for credit losses:
Beginning Balance	$	1,280			$	2,820			$	1,182			$	880			$	107			$	122			$	186			$	6,577
Charge-Offs	(20		)		(507		)		(289		)		(403		)		(85		)		(18		)		—				(1,322		)
Recoveries	5				109				7				47				54				11				—				233
Provision (recovery)	(233		)		(197		)		437				31				26				(33		)		(31		)		—
Ending balance	$	1,032			$	2,225			$	1,337			$	555			$	102			$	82			$	155			$	5,488
Ending balance: Individually evaluated for impairment	$	218			$	627			$	299			$	334			$	—			$	—			$	—			$	1,478
Ending balance: collectively evaluated for impairment	$	814			$	1,598			$	1,038			$	221			$	102			$	82			$	155			$	4,010
Loans:
Ending balance	$	36,933			$	221,483			$	148,166			$	20,865			$	13,785			$	3,041			$	—			$	444,273
Ending balance individually evaluated for impairment	$	2,674			$	4,922			$	4,750			$	1,347			$	—			$	6			$	—			$	13,699
Ending balance collectively evaluated for impairment	$	34,259			$	216,561			$	143,416			$	19,518			$	13,785			$	3,035			$	—			$	430,574

Effect On Loan Loss Provision, Changes In Methodology

The following table represents the effect on the loan loss provision for the year ended December 31, 2015 as a result of the change in allowance methodology from that used in prior periods.

(in thousands)		Calculated Provision Based on Current Methodology				Calculation Provision Based on Prior Methodology				Difference
Portfolio Segment:
Construction and Farmland		$	(85	)		$	(118	)		$	33
Residential Real Estate		355				173				182
Commercial Real Estate		(147		)		(280		)		133
Commercial		(434		)		(457		)		23
Consumer		39				28				11
All Other Loans		20				19				1
Total, excluding unallocated		$	(252	)		$	(635	)		$	383

Impaired Loans By Class

Impaired loans by class at December 31, 2015 and December 31, 2014 were as follows:

	As of and for the Year Ended
	December 31, 2015
	(in thousands)
	Unpaid Principal Balance				Recorded Investment (1)				Related Allowance				Average Recorded Investment				Interest Income Recognized
With no related allowance:
Commercial - Non Real Estate:
Commercial & Industrial	$	747			$	534			$	—			$	749			$	18
Commercial Real Estate:
Owner Occupied	2,146				1,964				—				1,999				19
Non-owner occupied	1,174				1,093				—				1,108				15
Construction and Farmland:
Residential	—				—				—				—				—
Commercial	337				310				—				325				—
Residential:
Equity lines	149				145				—				145				5
Single family	4,407				4,288				—				4,245				126
Multifamily	—				—				—				—				—
Other Loans	—				—				—				—				—
	$	8,960			$	8,334			$	—			$	8,571			$	183
With an allowance recorded:
Commercial - Non Real Estate:
Commercial & Industrial	$	313			$	313			$	2			$	328			$	15
Commercial Real Estate:
Owner Occupied	207				208				39				210				10
Non-owner occupied	1,291				1,295				102				1,311				69
Construction and Farmland:
Residential	—				—				—				—				—
Commercial	1,081				1,085				10				1,109				48
Residential:
Equity lines	551				216				86				221				3
Single family	2,596				2,575				337				2,600				76
Multifamily	—				—				—				—				—
Other Loans	—				—				—				—				—
	$	6,039			$	5,692			$	576			$	5,779			$	221
Total:
Commercial	$	1,060			$	847			$	2			$	1,077			$	33
Commercial Real Estate	4,818				4,560				141				4,628				113
Construction and Farmland	1,418				1,395				10				1,434				48
Residential	7,703				7,224				423				7,211				210
Other	—				—				—				—				—
Total	$	14,999			$	14,026			$	576			$	14,350			$	404

(1) Recorded investment is defined as the summation of the outstanding principal balance, accrued interest, and any partial charge-offs.

	As of and for the Year Ended
	December 31, 2014
	(in thousands)
	Unpaid Principal Balance				Recorded Investment (1)				Related Allowance				Average Recorded Investment				Interest Income Recognized
With no related allowance:
Commercial - Non Real Estate:
Commercial & Industrial	$	2,159			$	2,013			$	—			$	2,256			$	19
Commercial Real Estate:
Owner Occupied	2,824				2,473				—				2,857				48
Non-owner occupied	2,675				2,560				—				2,796				86
Construction and Farmland:
Residential	—				—				—				—				—
Commercial	2,319				2,319				—				2,362				68
Residential:
Equity lines	252				78				—				252				—
Single family	5,634				5,218				—				5,719				149
Multifamily	—				—				—				—				—
Other Loans	—				—				—				—				—
	$	15,863			$	14,661			$	—			$	16,242			$	370
With an allowance recorded:
Commercial - Non Real Estate:
Commercial & Industrial	$	289			$	94			$	44			$	289			$	—
Commercial Real Estate:
Owner Occupied	689				689				203				704				33
Non-owner occupied	—				—				—				—				—
Construction and Farmland:
Residential	—				—				—				—				—
Commercial	385				350				93				393				5
Residential:
Equity lines	403				253				95				403				5
Single family	1,007				1,008				208				1,020				41
Multifamily	—				—				—				—				—
Other Loans	—				—				—				—				—
	$	2,773			$	2,394			$	643			$	2,809			$	84
Total:
Commercial	$	2,448			$	2,107			$	44			$	2,545			$	19
Commercial Real Estate	6,188				5,722				203				6,357				167
Construction and Farmland	2,704				2,669				93				2,755				73
Residential	7,296				6,557				303				7,394				195
Other	—				—				—				—				—
Total	$	18,636			$	17,055			$	643			$	19,051			$	454

Credit Quality Information By Class

Credit quality information by class at December 31, 2015 and December 31, 2014 was as follows:

	As of
	December 31, 2015
	(in thousands)
INTERNAL RISK RATING GRADES	Pass				Pass Monitored				Special Mention				Substandard				Doubtful				Loss				Total
Commercial - Non Real Estate:
Commercial & Industrial	$	25,375			$	3,175			$	335			$	364			$	117			$	—			$	29,366
Commercial Real Estate:
Owner Occupied	90,230				12,553				4,521				1,416				987				—				109,707
Non-owner occupied	42,988				21,072				—				1,405				—				—				65,465
Construction and Farmland:
Residential	8,559				—				—				—				—				—				8,559
Commercial	20,391				10,886				1,395				338								—				33,010
Residential:
Equity Lines	30,267				3,878				—				145				131				—				34,421
Single family	170,168				19,086				950				4,600				426				—				195,230
Multifamily	3,975				—				—				—				—				—				3,975
All other loans	2,265				45				—				—				—				—				2,310
Total	$	394,218			$	70,695			$	7,201			$	8,268			$	1,661			$	—			$	482,043

	Performing				Nonperforming
Consumer Credit Exposure by Payment Activity	$	13,484			$	46

	As of
	December 31, 2014
	(in thousands)
INTERNAL RISK RATING GRADES	Pass				Pass Monitored				Special Mention				Substandard				Doubtful				Loss				Total
Commercial - Non Real Estate:
Commercial & Industrial	$	24,579			$	1,775			$	21			$	701			$	1,056			$	—			$	28,132
Commercial Real Estate:
Owner Occupied	77,979				17,401				—				3,189				1,138				—				99,707
Non-owner occupied	42,630				14,779				1,402				2,733				48				—				61,592
Construction and Farm land:
Residential	5,112				89				—				—				—				—				5,201
Commercial	23,192				5,184				2,083				750				79				—				31,288
Residential:
Equity Lines	29,440				1,429				—				185				67				—				31,121
Single family	165,932				21,011				—				6,062				568				—				193,573
Multifamily	2,144				872				—				—				—				—				3,016
All other loans	2,316				—				—				—				—				—				2,316
Total	$	373,324			$	62,540			$	3,506			$	13,620			$	2,956			$	—			$	455,946

	Performing				Nonperforming
Consumer Credit Exposure by Payment Activity	$	13,803			$	71

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