Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2015

Allowance by Impairment Methodology and Loans by Impairment Methodology

The following tables present, as of June 30, 2015, December 31, 2014 and June 30, 2014, the total allowance for loan losses, the allowance by impairment methodology and loans by impairment methodology (in thousands):


	June 30, 2015
	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, 2014	$	1,403	$	1,204		$	3,658		$	310		$	143		$	6,718
Charge-offs		—		(47	)		(471	)		(59	)		(206	)		(783	)
Recoveries		2		83			1			62			146			294
Provision for (recovery of) loan losses		204		(314	)		(16	)		(55	)		81			(100	)

Ending Balance, June 30, 2015	$	1,609	$	926		$	3,172		$	258		$	164		$	6,129


Ending Balance:
Individually evaluated for impairment		437		79			1,025			22			—			1,563
Collectively evaluated for impairment		1,172		847			2,147			236			164			4,566

Loans:
Ending Balance		32,009		173,265			155,396			19,319			11,732			391,721

Individually evaluated for impairment		3,319		2,387			4,944			120			—			10,770
Collectively evaluated for impairment		28,690		170,878			150,452			19,199			11,732			380,951


	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


	June 30, 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		—			(104	)		(203	)		(36	)		(202	)		(545	)
Recoveries		40			7			339			3			118			507
Provision for (recovery of) loan losses		(636	)		18			(167	)		65			120			(600	)

Ending Balance, June 30, 2014	$	2,114		$	2,896		$	4,387		$	474		$	135		$	10,006


Ending Balance:
Individually evaluated for impairment		779			126			911			57			—			1,873
Collectively evaluated for impairment		1,335			2,770			3,476			417			135			8,133

Loans:
Ending Balance		32,795			151,043			146,483			24,797			12,372			367,490

Individually evaluated for impairment		6,427			3,297			9,994			164			—			19,882
Collectively evaluated for impairment		26,368			147,746			136,489			24,633			12,372			347,608

Impaired Loans and Related Allowance

Impaired loans and the related allowance at June 30, 2015, December 31, 2014 and June 30, 2014, were as follows (in thousands):


	June 30, 2015
	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	$	3,464	$	2,684	$	635	$	3,319	$	437	$	3,165	$	31
Secured by 1-4 family		2,476		2,155		232		2,387		79		2,864		57
Other real estate loans		5,416		2,453		2,491		4,944		1,025		6,828		34
Commercial and industrial		130		16		104		120		22		137		2
Consumer and other loans		—		—		—		—		—		—		—

Total	$	11,486	$	7,308	$	3,462	$	10,770	$	1,563	$	12,994	$	124


	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


	June 30, 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	$	8,746	$	4,022	$	2,405	$	6,427	$	779	$	6,607	$	21
Secured by 1-4 family		4,230		2,766		531		3,297		126		3,248		62
Other real estate loans		10,501		7,347		2,647		9,994		911		10,998		125
Commercial and industrial		170		11		153		164		57		185		1
Consumer and other loans		—		—		—		—		—		—		—

Total	$	23,647	$	14,146	$	5,736	$	19,882	$	1,873	$	21,038	$	209