Loans (Tables)

3 Months Ended

Mar. 31, 2014

Loans at March 31, 2014 and December 31, 2013 are summarized as follows:


	March 31, 2014			December 31, 2013
	(in thousands)
Real estate loans:
Construction and land development	$	33,876		$	34,060
Secured by 1-4 family residential		147,541			141,961
Other real estate loans		142,719			145,968
Commercial and industrial loans		23,381			22,803
Consumer and other loans		12,016			12,301

Total loans	$	359,533		$	357,093
Allowance for loan losses		(10,283	)		(10,644	)

Loans, net	$	349,250		$	346,449

The following table provides a summary of loan classes and an aging of past due loans as of March 31, 2014 and December 31, 2013:


	March 31, 2014
	(in thousands)
	30-59 Days Past Due		60-89 Days Past Due		> 90 Days Past Due		Total Past Due		Current		Total Loans		Non-accrual Loans		90 Days or More Past Due and Accruing

Real estate loans:
Construction and land development	$	1,233	$	186	$	3,269	$	4,688	$	29,188	$	33,876	$	5,676	$	—
1-4 family residential		2,329		403		259		2,991		144,550		147,541		1,186		34
Other real estate loans		1,913		1,532		377		3,822		138,897		142,719		4,675		77
Commercial and industrial		169		149		—		318		23,063		23,381		159		—
Consumer and other loans		12		1		—		13		12,003		12,016		—		—

Total	$	5,656	$	2,271	$	3,905	$	11,832	$	347,701	$	359,533	$	11,696	$	111


	December 31, 2013
	(in thousands)
	30-59 Days Past Due		60-89 Days Past Due		> 90 Days Past Due		Total Past Due		Current		Total Loans		Non-accrual Loans		90 Days or More Past Due and Accruing

Real estate loans:
Construction and land development	$	161	$	2,852	$	3,339	$	6,352	$	27,708	$	34,060	$	5,811	$	—
1-4 family residential		1,561		316		136		2,013		139,948		141,961		953		27
Other real estate loans		1,077		1,636		74		2,787		143,181		145,968		4,756		—
Commercial and industrial		165		—		22		187		22,616		22,803		144		22
Consumer and other loans		41		5		—		46		12,255		12,301		14		—

Total	$	3,005	$	4,809	$	3,571	$	11,385	$	345,708	$	357,093	$	11,678	$	49

The following tables provide an analysis of the credit risk profile of each loan class as of March 31, 2014 and December 31, 2013:


	March 31, 2014
	(in thousands)
	Pass		Special Mention		Substandard		Doubtful		Total
Real estate loans:
Construction and land development	$	20,371	$	3,620	$	9,885	$	—	$	33,876
Secured by 1-4 family residential		135,686		5,393		6,462		—		147,541
Other real estate loans		114,659		11,367		16,693		—		142,719
Commercial and industrial		22,620		226		535		—		23,381
Consumer and other loans		12,016		—		—		—		12,016

Total	$	305,352	$	20,606	$	33,575	$	—	$	359,533


	December 31, 2013
	(in thousands)
	Pass		Special Mention		Substandard		Doubtful		Total
Real estate loans:
Construction and land development	$	19,724	$	3,500	$	10,836	$	—	$	34,060
Secured by 1-4 family residential		130,048		5,378		6,535		—		141,961
Other real estate loans		118,663		10,227		17,078		—		145,968
Commercial and industrial		21,563		555		685		—		22,803
Consumer and other loans		12,287		—		14		—		12,301

Total	$	302,285	$	19,660	$	35,148	$	—	$	357,093