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Allowance for Loan Losses (Tables) | 9 Months Ended
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Sep. 30, 2013
Receivables [Abstract] |
Transactions in Allowance for Loan Losses | Transactions in the allowance for loan losses for the nine months ended September 30, 2013 and 2012 and for the year ended December 31, 2012 were as follows:
|  | (in thousands) |
|  | September 30, 2013 |  |  | December 31, 2012 |  |  | September 30, 2012 |
Balance at beginning of year |  | $ | 13,075 |  |  | $ | 12,937 |  |  | $ | 12,937 |
Provision charged to operating expense |  |  | 2,525 |  |  |  | 3,555 |  |  |  | 3,455 |
Loan recoveries |  |  | 575 |  |  |  | 376 |  |  |  | 240 |
Loan charge-offs |  |  | (4,300 | ) |  |  | (3,793 | ) |  |  | (2,583 | )
Balance at end of period |  | $ | 11,875 |  |  | $ | 13,075 |  |  | $ | 14,049 |
Allowance by Impairment Methodology and Loans by Impairment Methodology | The following tables present, as of September 30, 2013, December 31, 2012 and September 30, 2012, the total allowance for loan losses, the allowance by impairment methodology and loans by impairment methodology.
|  | September 30, 2013 |
|  | (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, 2012 |  | $ | 2,481 |  |  | $ | 3,712 |  |  | $ | 6,163 |  |  | $ | 608 |  |  | $ | 111 |  |  | $ | 13,075 |
Charge-offs |  |  | (2,923 | ) |  |  | (260 | ) |  |  | (976 | ) |  |  | (31 | ) |  |  | (110 | ) |  |  | (4,300 | )
Recoveries |  |  | — |  |  |  | 47 |  |  |  | 214 |  |  |  | 177 |  |  |  | 137 |  |  |  | 575 |
Provision for loan losses |  |  | 3,385 |  |  |  | (332 | ) |  |  | (89 | ) |  |  | (359 | ) |  |  | (80 | ) |  |  | 2,525 |
Ending Balance, September 30, 2013 |  | $ | 2,943 |  |  | $ | 3,167 |  |  | $ | 5,312 |  |  | $ | 395 |  |  | $ | 58 |  |  | $ | 11,875 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 743 |  |  |  | 81 |  |  |  | 201 |  |  |  | 56 |  |  |  | — |  |  |  | 1,081 |
Collectively evaluated for impairment |  |  | 2,200 |  |  |  | 3,086 |  |  |  | 5,111 |  |  |  | 339 |  |  |  | 58 |  |  |  | 10,794 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 34,404 |  |  |  | 142,446 |  |  |  | 156,691 |  |  |  | 21,316 |  |  |  | 11,970 |  |  |  | 366,827 |
Individually evaluated for impairment |  |  | 7,217 |  |  |  | 3,439 |  |  |  | 6,690 |  |  |  | 244 |  |  |  | — |  |  |  | 17,590 |
Collectively evaluated for impairment |  |  | 27,187 |  |  |  | 139,007 |  |  |  | 150,001 |  |  |  | 21,072 |  |  |  | 11,970 |  |  |  | 349,237 |
|  | December 31, 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 |  |  | (431 | ) |  |  | (761 | ) |  |  | (2,154 | ) |  |  | (261 | ) |  |  | (186 | ) |  |  | (3,793 | )
Recoveries |  |  | 1 |  |  |  | 68 |  |  |  | 64 |  |  |  | 35 |  |  |  | 208 |  |  |  | 376 |
Provision for (recovery of) loan losses |  |  | 68 |  |  |  | 639 |  |  |  | 3,061 |  |  |  | (129 | ) |  |  | (84 | ) |  |  | 3,555 |
Ending Balance, December 31, 2012 |  | $ | 2,481 |  |  | $ | 3,712 |  |  | $ | 6,163 |  |  | $ | 608 |  |  | $ | 111 |  |  | $ | 13,075 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 567 |  |  |  | 306 |  |  |  | 930 |  |  |  | 35 |  |  |  | — |  |  |  | 1,838 |
Collectively evaluated for impairment |  |  | 1,914 |  |  |  | 3,406 |  |  |  | 5,233 |  |  |  | 573 |  |  |  | 111 |  |  |  | 11,237 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 43,524 |  |  |  | 134,964 |  |  |  | 176,573 |  |  |  | 20,718 |  |  |  | 7,815 |  |  |  | 383,594 |
Individually evaluated for impairment |  |  | 2,516 |  |  |  | 3,776 |  |  |  | 10,528 |  |  |  | 160 |  |  |  | — |  |  |  | 16,980 |
Collectively evaluated for impairment |  |  | 41,008 |  |  |  | 131,188 |  |  |  | 166,045 |  |  |  | 20,558 |  |  |  | 7,815 |  |  |  | 366,614 |
|  | September 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 | ) |  |  | (761 | ) |  |  | (1,042 | ) |  |  | (261 | ) |  |  | (150 | ) |  |  | (2,583 | )
Recoveries |  |  | 1 |  |  |  | 2 |  |  |  | 58 |  |  |  | 24 |  |  |  | 155 |  |  |  | 240 |
Provision for loan losses |  |  | 1,059 |  |  |  | 992 |  |  |  | 1,531 |  |  |  | (75 | ) |  |  | (52 | ) |  |  | 3,455 |
Ending Balance, September 30, 2012 |  | $ | 3,534 |  |  | $ | 3,999 |  |  | $ | 5,739 |  |  | $ | 651 |  |  | $ | 126 |  |  | $ | 14,049 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 1,728 |  |  |  | 709 |  |  |  | 762 |  |  |  | 40 |  |  |  | — |  |  |  | 3,239 |
Collectively evaluated for impairment |  |  | 1,806 |  |  |  | 3,290 |  |  |  | 4,977 |  |  |  | 611 |  |  |  | 126 |  |  |  | 10,810 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 44,725 |  |  |  | 128,354 |  |  |  | 175,122 |  |  |  | 24,216 |  |  |  | 8,335 |  |  |  | 380,752 |
Individually evaluated for impairment |  |  | 6,353 |  |  |  | 4,758 |  |  |  | 8,597 |  |  |  | 164 |  |  |  | — |  |  |  | 19,872 |
Collectively evaluated for impairment |  |  | 38,372 |  |  |  | 123,596 |  |  |  | 166,525 |  |  |  | 24,052 |  |  |  | 8,335 |  |  |  | 360,880 |
Impaired Loans and Related Allowance | Impaired loans and the related allowance at September 30, 2013 and December 31, 2012, were as follows:
|  | September 30, 2013 |
|  | (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 |  | $ | 9,441 |  |  | $ | 5,406 |  |  | $ | 1,811 |  |  | $ | 7,217 |  |  | $ | 743 |  |  | $ | 4,469 |  |  | $ | 217 |
Secured by 1-4 family |  |  | 4,339 |  |  |  | 2,533 |  |  |  | 906 |  |  |  | 3,439 |  |  |  | 81 |  |  |  | 2,673 |  |  |  | 105 |
Other real estate loans |  |  | 7,855 |  |  |  | 4,883 |  |  |  | 1,807 |  |  |  | 6,690 |  |  |  | 201 |  |  |  | 6,817 |  |  |  | 197 |
Commercial and industrial |  |  | 245 |  |  |  | 16 |  |  |  | 228 |  |  |  | 244 |  |  |  | 56 |  |  |  | 795 |  |  |  | 9 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 21,880 |  |  | $ | 12,838 |  |  | $ | 4,752 |  |  | $ | 17,590 |  |  | $ | 1,081 |  |  | $ | 14,754 |  |  | $ | 528 |
|  | 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 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
|  | $ | 22,675 |  |  | $ | 7,198 |  |  | $ | 9,782 |  |  | $ | 16,980 |  |  | $ | 1,838 |  |  | $ | 20,990 |  |  | $ | 548 |

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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=28368275&loc=SL6953423-111524 + Details
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