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Allowance for Loan Losses (Tables)

12 Months Ended

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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Allowance for credit losses on financing receivables classification.

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Impaired loans and the related allowance.

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Troubled debt restructurings that subsequently defaulted.

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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

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Tabular disclosure of financing receivables and troubled debt restructurings.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 34

-URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953682-111524



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-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 33

-URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953676-111524

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