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Allowance for Loan Losses (Tables) | 12 Months Ended
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Dec. 31, 2014
Receivables [Abstract] |
Transactions in Allowance for Loan Losses | Transactions in the allowance for loan losses for the years ended December 31, 2014, 2013 and 2012 were as follows (in thousands):
|  | 2014 |  |  | 2013 |  |  | 2012 |
Balance at beginning of year |  | $ | 10,644 |  |  | $ | 13,075 |  |  | $ | 12,937 |
Provision for (recovery of) loan losses |  |  | (3,850 | ) |  |  | (425 | ) |  |  | 3,555 |
Loan recoveries |  |  | 851 |  |  |  | 2,486 |  |  |  | 376 |
Loan charge-offs |  |  | (927 | ) |  |  | (4,492 | ) |  |  | (3,793 | )
Balance at end of year |  | $ | 6,718 |  |  | $ | 10,644 |  |  | $ | 13,075 |
Allowance by Impairment Methodology and Loans by Impairment Methodology | The following tables present, as of December 31, 2014, 2013 and 2012, the total allowance for loan losses, the allowance by impairment methodology and loans by impairment methodology (in thousands).
|  | December 31, 2014 |
|  | 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, 2013 |  | $ | 2,710 |  |  | $ | 2,975 |  |  | $ | 4,418 |  |  | $ | 442 |  |  | $ | 99 |  |  | $ | 10,644 |
Charge-offs |  |  | (91 | ) |  |  | (272 | ) |  |  | (203 | ) |  |  | (43 | ) |  |  | (318 | ) |  |  | (927 | )
Recoveries |  |  | 80 |  |  |  | 15 |  |  |  | 509 |  |  |  | 18 |  |  |  | 229 |  |  |  | 851 |
Provision for (recovery of) loan losses |  |  | (1,296 | ) |  |  | (1,514 | ) |  |  | (1,066 | ) |  |  | (107 | ) |  |  | 133 |  |  |  | (3,850 | )
Ending Balance, December 31, 2014 |  | $ | 1,403 |  |  | $ | 1,204 |  |  | $ | 3,658 |  |  | $ | 310 |  |  | $ | 143 |  |  | $ | 6,718 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 245 |  |  |  | 173 |  |  |  | 1,456 |  |  |  | 33 |  |  |  | — |  |  |  | 1,907 |
Collectively evaluated for impairment |  |  | 1,158 |  |  |  | 1,031 |  |  |  | 2,202 |  |  |  | 277 |  |  |  | 143 |  |  |  | 4,811 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 29,475 |  |  |  | 163,727 |  |  |  | 151,802 |  |  |  | 21,166 |  |  |  | 12,240 |  |  |  | 378,410 |
Individually evaluated for impairment |  |  | 3,205 |  |  |  | 3,414 |  |  |  | 7,183 |  |  |  | 120 |  |  |  | — |  |  |  | 13,922 |
Collectively evaluated for impairment |  |  | 26,270 |  |  |  | 160,313 |  |  |  | 144,619 |  |  |  | 21,046 |  |  |  | 12,240 |  |  |  | 364,488 |
|  | December 31, 2013 |
|  | 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 |  |  | (2,962 | ) |  |  | (260 | ) |  |  | (1,070 | ) |  |  | (37 | ) |  |  | (163 | ) |  |  | (4,492 | )
Recoveries |  |  | — |  |  |  | 823 |  |  |  | 1,304 |  |  |  | 179 |  |  |  | 180 |  |  |  | 2,486 |
Provision for (recovery of) loan losses |  |  | 3,191 |  |  |  | (1,300 | ) |  |  | (1,979 | ) |  |  | (308 | ) |  |  | (29 | ) |  |  | (425 | )
Ending Balance, December 31, 2013 |  | $ | 2,710 |  |  | $ | 2,975 |  |  | $ | 4,418 |  |  | $ | 442 |  |  | $ | 99 |  |  | $ | 10,644 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 882 |  |  |  | 190 |  |  |  | 263 |  |  |  | 44 |  |  |  | — |  |  |  | 1,379 |
Collectively evaluated for impairment |  |  | 1,828 |  |  |  | 2,785 |  |  |  | 4,155 |  |  |  | 398 |  |  |  | 99 |  |  |  | 9,265 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 34,060 |  |  |  | 141,961 |  |  |  | 145,968 |  |  |  | 22,803 |  |  |  | 12,301 |  |  |  | 357,093 |
Individually evaluated for impairment |  |  | 6,862 |  |  |  | 3,431 |  |  |  | 11,143 |  |  |  | 258 |  |  |  | — |  |  |  | 21,694 |
Collectively evaluated for impairment |  |  | 27,198 |  |  |  | 138,530 |  |  |  | 134,825 |  |  |  | 22,545 |  |  |  | 12,301 |  |  |  | 335,399 |
|  | December 31, 2012 |
|  | 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 |  |  |  | 174,220 |  |  |  | 23,071 |  |  |  | 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 |  |  |  | 163,692 |  |  |  | 22,911 |  |  |  | 7,815 |  |  |  | 366,614 |
Impaired Loans and Related Allowance | Impaired loans and the related allowance at December 31, 2014, 2013 and 2012, were as follows (in thousands):
|  | December 31, 2014 |
|  | 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 |  | $ | 3,299 |  |  | $ | 2,800 |  |  | $ | 405 |  |  | $ | 3,205 |  |  | $ | 245 |  |  | $ | 5,532 |  |  | $ | 40 |
Secured by 1-4 family |  |  | 4,327 |  |  |  | 2,526 |  |  |  | 888 |  |  |  | 3,414 |  |  |  | 173 |  |  |  | 3,433 |  |  |  | 138 |
Other real estate loans |  |  | 7,623 |  |  |  | 3,708 |  |  |  | 3,475 |  |  |  | 7,183 |  |  |  | 1,456 |  |  |  | 10,115 |  |  |  | 206 |
Commercial and industrial |  |  | 127 |  |  |  | 5 |  |  |  | 115 |  |  |  | 120 |  |  |  | 33 |  |  |  | 159 |  |  |  | 1 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 15,376 |  |  | $ | 9,039 |  |  | $ | 4,883 |  |  | $ | 13,922 |  |  | $ | 1,907 |  |  | $ | 19,239 |  |  | $ | 385 |
|  | December 31, 2013 |
|  | 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 |  | $ | 9,086 |  |  | $ | 4,259 |  |  | $ | 2,603 |  |  | $ | 6,862 |  |  | $ | 882 |  |  | $ | 5,397 |  |  | $ | 204 |
Secured by 1-4 family |  |  | 4,341 |  |  |  | 2,515 |  |  |  | 916 |  |  |  | 3,431 |  |  |  | 190 |  |  |  | 2,864 |  |  |  | 146 |
Other real estate loans |  |  | 12,385 |  |  |  | 9,455 |  |  |  | 1,688 |  |  |  | 11,143 |  |  |  | 263 |  |  |  | 7,079 |  |  |  | 441 |
Commercial and industrial |  |  | 260 |  |  |  | 114 |  |  |  | 144 |  |  |  | 258 |  |  |  | 44 |  |  |  | 669 |  |  |  | 14 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 26,072 |  |  | $ | 16,343 |  |  | $ | 5,351 |  |  | $ | 21,694 |  |  | $ | 1,379 |  |  | $ | 16,009 |  |  | $ | 805 |
|  | December 31, 2012 |
|  | 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 |
Information Regarding Loans Modified under TDR | The following table provides further information regarding loans modified under TDRs during the years ended December 31, 2014 and 2012 (dollars in thousands):
|  | For the year ended December 31, 2014 |  |  | For the year ended December 31, 2012 |
|  | 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 |  |  | — |  |  | $ | — |  |  | $ | — |  |  |  | — |  |  | $ | — |  |  | $ | — |
Secured by 1-4 family |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 183 |  |  |  | 183 |
Other real estate loans |  |  | 1 |  |  |  | 283 |  |  |  | 344 |  |  |  | 1 |  |  |  | 2,426 |  |  |  | 2,426 |
Commercial and industrial |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  |  | 1 |  |  | $ | 283 |  |  | $ | 344 |  |  |  | 2 |  |  | $ | 2,609 |  |  | $ | 2,609 |

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