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Allowance for Loan Losses (Tables) | 6 Months Ended
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Jun. 30, 2012
Allowance for Loan Losses [Abstract] |
Transactions in the allowance for loan losses |
|  | (in thousands) |
|  | June 30, 2012 |  |  | December 31, 2011 |  |  | June 30, 2011 |
Balance at beginning of year |  | $ | 12,937 |  |  | $ | 16,036 |  |  | $ | 16,036 |
Provision charged to operating expense |  |  | 2,650 |  |  |  | 12,380 |  |  |  | 3,820 |
Loan recoveries |  |  | 196 |  |  |  | 310 |  |  |  | 156 |
Loan charge-offs |  |  | (1,784 | ) |  |  | (15,789 | ) |  |  | (6,234 | )
Balance at end of period |  | $ | 13,999 |  |  | $ | 12,937 |  |  | $ | 13,778 |
Allowance by impairment methodology and loans by impairment methodology |
|  | June 30, 2012 (in thousands) |
|  | Construction and Land Development |  |  | Secured by 1-4 Family Residential |  |  | Other Real Estate |  |  | Commercial and Industrial |  |  | Consumer and Other Loans |  |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance, December 31, 2011 |  | $ | 2,843 |  |  | $ | 3,766 |  |  | $ | 5,192 |  |  | $ | 963 |  |  | $ | 173 |  |  | $ | 12,937 |
Charge-offs |  |  | (369 | ) |  |  | (562 | ) |  |  | (674 | ) |  |  | (74 | ) |  |  | (105 | ) |  |  | (1,784 | )
Recoveries |  |  | 1 |  |  |  | 2 |  |  |  | 52 |  |  |  | 16 |  |  |  | 125 |  |  |  | 196 |
Provision for loan losses |  |  | 700 |  |  |  | 993 |  |  |  | 1,285 |  |  |  | (264 | ) |  |  | (64 | ) |  |  | 2,650 |
Ending Balance, June 30, 2012 |  | $ | 3,175 |  |  | $ | 4,199 |  |  | $ | 5,855 |  |  | $ | 641 |  |  | $ | 129 |  |  | $ | 13,999 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 1,145 |  |  |  | 972 |  |  |  | 1,033 |  |  |  | 55 |  |  |  | — |  |  |  | 3,205 |
Collectively evaluated for impairment |  |  | 2,030 |  |  |  | 3,227 |  |  |  | 4,822 |  |  |  | 586 |  |  |  | 129 |  |  |  | 10,794 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 47,843 |  |  |  | 128,229 |  |  |  | 174,212 |  |  |  | 24,937 |  |  |  | 8,914 |  |  |  | 384,135 |
Individually evaluated for impairment |  |  | 5,256 |  |  |  | 5,460 |  |  |  | 10,813 |  |  |  | 402 |  |  |  | — |  |  |  | 21,931 |
Collectively evaluated for impairment |  |  | 42,587 |  |  |  | 122,769 |  |  |  | 163,399 |  |  |  | 24,535 |  |  |  | 8,914 |  |  |  | 362,204 |
|  | December 31, 2011 (in thousands) |
|  | Construction and Land Development |  |  | Secured by 1-4 Family Residential |  |  | Other Real Estate |  |  | Commercial and Industrial |  |  | Consumer and Other Loans |  |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance, December 31, 2010 |  | $ | 4,050 |  |  | $ | 1,681 |  |  | $ | 9,187 |  |  | $ | 858 |  |  | $ | 260 |  |  | $ | 16,036 |
Charge-offs |  |  | (2,983 | ) |  |  | (4,639 | ) |  |  | (7,551 | ) |  |  | (348 | ) |  |  | (268 | ) |  |  | (15,789 | )
Recoveries |  |  | 50 |  |  |  | 6 |  |  |  | — |  |  |  | 3 |  |  |  | 251 |  |  |  | 310 |
Provision for loan losses |  |  | 1,726 |  |  |  | 6,718 |  |  |  | 3,556 |  |  |  | 450 |  |  |  | (70 | ) |  |  | 12,380 |
Ending Balance, December 31, 2011 |  | $ | 2,843 |  |  | $ | 3,766 |  |  | $ | 5,192 |  |  | $ | 963 |  |  | $ | 173 |  |  | $ | 12,937 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 930 |  |  |  | 848 |  |  |  | 351 |  |  |  | 309 |  |  |  | — |  |  |  | 2,438 |
Collectively evaluated for impairment |  |  | 1,913 |  |  |  | 2,918 |  |  |  | 4,841 |  |  |  | 654 |  |  |  | 173 |  |  |  | 10,499 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 48,363 |  |  |  | 122,339 |  |  |  | 181,141 |  |  |  | 29,446 |  |  |  | 11,151 |  |  |  | 392,440 |
Individually evaluated for impairment |  |  | 7,640 |  |  |  | 6,860 |  |  |  | 10,940 |  |  |  | 480 |  |  |  | — |  |  |  | 25,920 |
Collectively evaluated for impairment |  |  | 40,723 |  |  |  | 115,479 |  |  |  | 170,201 |  |  |  | 28,966 |  |  |  | 11,151 |  |  |  | 366,520 |
Impaired loans and the related allowance |
|  | June 30, 2012 (in thousands) |
|  | Unpaid Principal Balance |  |  | Recorded Investment with No Allowance |  |  | Recorded Investment with Allowance |  |  | Total Recorded Investment |  |  | Related Allowance |  |  | Average Recorded Investment |  |  | Interest Income Recognized |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 5,586 |  |  | $ | 595 |  |  | $ | 4,661 |  |  | $ | 5,256 |  |  | $ | 1,145 |  |  | $ | 5,730 |  |  | $ | 137 |
Secured by 1-4 family |  |  | 6,325 |  |  |  | 1,296 |  |  |  | 4,164 |  |  |  | 5,460 |  |  |  | 972 |  |  |  | 5,287 |  |  |  | 112 |
Other real estate loans |  |  | 15,435 |  |  |  | 7,447 |  |  |  | 3,366 |  |  |  | 10,813 |  |  |  | 1,033 |  |  |  | 10,618 |  |  |  | 108 |
Commercial and industrial |  |  | 402 |  |  |  | — |  |  |  | 402 |  |  |  | 402 |  |  |  | 55 |  |  |  | 468 |  |  |  | 10 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 27,748 |  |  | $ | 9,338 |  |  | $ | 12,593 |  |  | $ | 21,931 |  |  | $ | 3,205 |  |  | $ | 22,103 |  |  | $ | 367 |
|  | December 31, 2011 (in thousands) |
|  | Unpaid Principal Balance |  |  | Recorded Investment with No Allowance |  |  | Recorded Investment with Allowance |  |  | Total Recorded Investment |  |  | Related Allowance |  |  | Average Recorded Investment |  |  | Interest Income Recognized |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 8,106 |  |  | $ | 3,531 |  |  | $ | 4,109 |  |  | $ | 7,640 |  |  | $ | 930 |  |  | $ | 7,077 |  |  | $ | 367 |
Secured by 1-4 family |  |  | 8,566 |  |  |  | 3,495 |  |  |  | 3,365 |  |  |  | 6,860 |  |  |  | 848 |  |  |  | 6,519 |  |  |  | 301 |
Other real estate loans |  |  | 15,165 |  |  |  | 8,135 |  |  |  | 2,805 |  |  |  | 10,940 |  |  |  | 351 |  |  |  | 23,918 |  |  |  | 396 |
Commercial and industrial |  |  | 480 |  |  |  | — |  |  |  | 480 |  |  |  | 480 |  |  |  | 309 |  |  |  | 660 |  |  |  | 27 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 32,317 |  |  | $ | 15,161 |  |  | $ | 10,758 |  |  | $ | 25,920 |  |  | $ | 2,438 |  |  | $ | 38,174 |  |  | $ | 1,091 |

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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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