Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2016

Allowance by Impairment Methodology and Loans by Impairment Methodology

The following tables present, as of June 30, 2016, December 31, 2015 and June 30, 2015, the total allowance for loan losses, the allowance by impairment methodology and loans by impairment methodology (in thousands):


	June 30, 2016
	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, 2015	$	1,532		$	939		$	2,534	$	306	$	213		$	5,524
Charge-offs		—			(2	)		—		—		(254	)		(256	)
Recoveries		2			279			1		7		177			466
Provision for (recovery of) loan losses		(865	)		(178	)		874		3		166			—

Ending Balance, June 30, 2016	$	669		$	1,038		$	3,409	$	316	$	302		$	5,734

Ending Balance:
Individually evaluated for impairment		—			—			184		—		—			184
Collectively evaluated for impairment		669			1,038			3,225		316		302			5,550
Loans:
Ending Balance		33,232			196,295			200,162		24,721		11,136			465,546
Individually evaluated for impairment		2,664			2,022			2,614		84		—			7,384
Collectively evaluated for impairment		30,568			194,273			197,548		24,637		11,136			458,162


	December 31, 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		—		(142	)		(1,125	)		(59	)		(512	)		(1,838	)
Recoveries		4		373			2			72			293			744
Provision for (recovery of) loan losses		125		(496	)		(1	)		(17	)		289			(100	)

Ending Balance, December 31, 2015	$	1,532	$	939		$	2,534		$	306		$	213		$	5,524

Ending Balance:
Individually evaluated for impairment		326		23			195			—			—			544
Collectively evaluated for impairment		1,206		916			2,339			306			213			4,980
Loans:
Ending Balance		33,135		189,286			181,447			24,048			11,083			438,999
Individually evaluated for impairment		2,544		2,044			3,023			94			—			7,705
Collectively evaluated for impairment		30,591		187,242			178,424			23,954			11,083			431,294


	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

Impaired Loans and Related Allowance

Impaired loans and the related allowance at June 30, 2016, December 31, 2015 and June 30, 2015, were as follows (in thousands):


	June 30, 2016
	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	$	2,900	$	2,664	$	—	$	2,664	$	—	$	2,545	$	31
Secured by 1-4 family		2,041		2,022		—		2,022		—		2,051		52
Other real estate loans		3,191		2,066		548		2,614		184		2,965		17
Commercial and industrial		100		84		—		84		—		90		—
Consumer and other loans		—		—		—		—		—		—		—

Total	$	8,232	$	6,836	$	548	$	7,384	$	184	$	7,651	$	100


	December 31, 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	$	2,741	$	2,206	$	338	$	2,544	$	326	$	2,967	$	60
Secured by 1-4 family		2,116		2,021		23		2,044		23		2,526		107
Other real estate loans		3,492		2,463		560		3,023		195		4,933		58
Commercial and industrial		107		94		—		94		—		118		—
Consumer and other loans		—		—		—		—		—		—		—

Total	$	8,456	$	6,784	$	921	$	7,705	$	544	$	10,544	$	225


	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