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Allowance for Loan Losses (Tables) | 12 Months Ended
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Dec. 31, 2012
Allowance for Loan Losses [Abstract] |
Transactions in the allowance for loan losses |
|  |  |  |  | (in thousands) |  |  |  |
|  | 2012 |  |  | 2011 |  |  | 2010 |
Balance at beginning of year |  | $ | 12,937 |  |  | $ | 16,036 |  |  | $ | 7,106 |
Provision charged to operating expense |  |  | 3,555 |  |  |  | 12,380 |  |  |  | 11,731 |
Loan recoveries |  |  | 376 |  |  |  | 310 |  |  |  | 261 |
Loan charge-offs |  |  | (3,793 | ) |  |  | (15,789 | ) |  |  | (3,062 | )
Balance at end of year |  | $ | 13,075 |  |  | $ | 12,937 |  |  | $ | 16,036 |
Allowance by impairment methodology and loans by impairment methodology |
|  | December 31, 2012 |
|  | (in thousands) |
|  | Commercial and Industrial |  |  | Other Real Estate |  |  | Construction and Land Development |  |  | Secured by 1-4 Family Residential |  |  | Consumer and Other Loans |  |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance, December 31, 2011 |  | $ | 963 |  |  | $ | 5,192 |  |  | $ | 2,843 |  |  | $ | 3,766 |  |  | $ | 173 |  |  | $ | 12,937 |
Charge-offs |  |  | (261 | ) |  |  | (2,154 | ) |  |  | (431 | ) |  |  | (761 | ) |  |  | (186 | ) |  |  | (3,793 | )
Recoveries |  |  | 35 |  |  |  | 64 |  |  |  | 1 |  |  |  | 68 |  |  |  | 208 |  |  |  | 376 |
Provision for loan losses |  |  | (129 | ) |  |  | 3,061 |  |  |  | 68 |  |  |  | 639 |  |  |  | (84 | ) |  |  | 3,555 |
Ending Balance, December 31, 2012 |  | $ | 608 |  |  | $ | 6,163 |  |  | $ | 2,481 |  |  | $ | 3,712 |  |  | $ | 111 |  |  | $ | 13,075 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 35 |  |  |  | 930 |  |  |  | 567 |  |  |  | 306 |  |  |  | — |  |  |  | 1,838 |
Collectively evaluated for impairment |  |  | 573 |  |  |  | 5,233 |  |  |  | 1,914 |  |  |  | 3,406 |  |  |  | 111 |  |  |  | 11,237 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 23,071 |  |  |  | 174,220 |  |  |  | 43,524 |  |  |  | 134,964 |  |  |  | 7,815 |  |  |  | 383,594 |
Individually evaluated for impairment |  |  | 160 |  |  |  | 10,528 |  |  |  | 2,516 |  |  |  | 3,776 |  |  |  | — |  |  |  | 16,980 |
Collectively evaluated for impairment |  |  | 22,911 |  |  |  | 163,692 |  |  |  | 41,008 |  |  |  | 131,188 |  |  |  | 7,815 |  |  |  | 366,614 |
|  | December 31, 2011 |
|  | (in thousands) |
|  | Commercial and Industrial |  |  | Other Real Estate |  |  | Construction and Land Development |  |  | Secured by 1-4 Family Residential |  |  | Consumer and Other Loans |  |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance, December 31, 2010 |  | $ | 858 |  |  | $ | 9,187 |  |  | $ | 4,050 |  |  | $ | 1,681 |  |  | $ | 260 |  |  | $ | 16,036 |
Charge-offs |  |  | (348 | ) |  |  | (7,551 | ) |  |  | (2,983 | ) |  |  | (4,369 | ) |  |  | (268 | ) |  |  | (15,789 | )
Recoveries |  |  | 3 |  |  |  | — |  |  |  | 50 |  |  |  | 6 |  |  |  | 251 |  |  |  | 310 |
Provision for loan losses |  |  | 450 |  |  |  | 3,556 |  |  |  | 1,726 |  |  |  | 6,718 |  |  |  | (70 | ) |  |  | 12,380 |
Ending Balance, December 31, 2011 |  | $ | 963 |  |  | $ | 5,192 |  |  | $ | 2,843 |  |  | $ | 3,766 |  |  | $ | 173 |  |  | $ | 12,937 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 309 |  |  |  | 351 |  |  |  | 930 |  |  |  | 848 |  |  |  | — |  |  |  | 2,438 |
Collectively evaluated for impairment |  |  | 654 |  |  |  | 4,841 |  |  |  | 1,913 |  |  |  | 2,918 |  |  |  | 173 |  |  |  | 10,499 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 29,446 |  |  |  | 181,141 |  |  |  | 48,363 |  |  |  | 122,339 |  |  |  | 11,151 |  |  |  | 392,440 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 480 |  |  |  | 10,940 |  |  |  | 7,640 |  |  |  | 6,860 |  |  |  | — |  |  |  | 25,920 |
Collectively evaluated for impairment |  |  | 28,966 |  |  |  | 170,201 |  |  |  | 40,723 |  |  |  | 115,479 |  |  |  | 11,151 |  |  |  | 366,520 |
Impaired loans and the related allowance |
|  | December 31, 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 |  | $ | 2,947 |  |  | $ | 622 |  |  | $ | 1,894 |  |  | $ | 2,516 |  |  | $ | 567 |  |  | $ | 5,691 |  |  | $ | 99 |
Secured by 1-4 family |  |  | 4,706 |  |  |  | 1,690 |  |  |  | 2,086 |  |  |  | 3,776 |  |  |  | 306 |  |  |  | 4,821 |  |  |  | 163 |
Other real estate loans |  |  | 14,861 |  |  |  | 4,886 |  |  |  | 5,642 |  |  |  | 10,528 |  |  |  | 930 |  |  |  | 10,148 |  |  |  | 276 |
Commercial and industrial |  |  | 161 |  |  |  | — |  |  |  | 160 |  |  |  | 160 |  |  |  | 35 |  |  |  | 330 |  |  |  | 10 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 22,675 |  |  | $ | 7,198 |  |  | $ | 9,782 |  |  | $ | 16,980 |  |  | $ | 1,838 |  |  | $ | 20,990 |  |  | $ | 548 |
|  | 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 |
|  | December 31, 2010 |
|  | (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 |  | $ | 10,440 |  |  | $ | 1,217 |  |  | $ | 8,492 |  |  | $ | 9,709 |  |  | $ | 3,006 |  |  | $ | 2,920 |  |  | $ | 374 |
Secured by 1-4 family |  |  | 5,701 |  |  |  | 595 |  |  |  | 5,087 |  |  |  | 5,682 |  |  |  | 536 |  |  |  | 795 |  |  |  | 222 |
Other real estate loans |  |  | 29,480 |  |  |  | 7,904 |  |  |  | 20,522 |  |  |  | 28,426 |  |  |  | 5,020 |  |  |  | 18,432 |  |  |  | 1,345 |
Commercial and industrial |  |  | 48 |  |  |  | — |  |  |  | 48 |  |  |  | 48 |  |  |  | 36 |  |  |  | 163 |  |  |  | 4 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 45,669 |  |  | $ | 9,716 |  |  | $ | 34,149 |  |  | $ | 43,865 |  |  | $ | 8,597 |  |  | $ | 22,310 |  |  | $ | 1,945 |
Information regarding loans modified under TDR |
|  | For the year ended December 31, 2012 |  |  | For the year ended December 31, 2011 |
|  | (dollars in thousands) |  |  | (dollars in thousands) |
|  | Number of Contracts |  |  | Pre-modification outstanding recorded investment |  |  | Post- modification outstanding recorded investment |  |  | Number of Contracts |  |  | Pre-modification outstanding recorded investment |  |  | Post- modification outstanding recorded investment |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | — |  |  | $ | — |  |  | $ | — |  |  |  | 1 |  |  | $ | 701 |  |  | $ | 357 |
Secured by 1-4 family |  |  | 1 |  |  |  | 183 |  |  |  | 183 |  |  |  | 4 |  |  |  | 2,667 |  |  |  | 2,667 |
Other real estate loans |  |  | 1 |  |  |  | 2,426 |  |  |  | 2,426 |  |  |  | 14 |  |  |  | 12,829 |  |  |  | 12,855 |
Commercial and industrial |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  |  | 2 |  |  | $ | 2,609 |  |  | $ | 2,609 |  |  |  | 19 |  |  | $ | 16,197 |  |  | $ | 15,879 |
Troubled debt restructurings that subsequently defaulted |
|  | December 31, 2011 |
|  | (dollars in thousands) |
|  | Number of Contracts |  |  | Recorded investment |
Real estate loans: |  |  |  |  |  |  |  |
Construction and land development |  |  | 1 |  |  | $ | 235 |
Secured by 1-4 family |  |  | — |  |  |  | — |
Other real estate loans |  |  | 3 |  |  |  | 361 |
Commercial and industrial |  |  | — |  |  |  | — |
Consumer and other loans |  |  | — |  |  |  | — |
Total |  |  | 4 |  |  | $ | 596 |

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