XML 39 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Allowance for Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2017
Receivables [Abstract]  
Allowance by Impairment Methodology and Loans by Impairment Methodology
The following tables present, as of September 30, 2017, December 31, 2016 and September 30, 2016, the total allowance for loan losses, the allowance by impairment methodology and loans by impairment methodology (in thousands):
 
September 30, 2017
 
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, 2016
$
441

 
$
1,019

 
$
3,142

 
$
380

 
$
339

 
$
5,321

Charge-offs
—

 
(125
)
 
—

 
—

 
(385
)
 
(510
)
Recoveries
11

 
290

 
50

 
8

 
131

 
490

Provision for (recovery of) loan losses
(17
)
 
(422
)
 
(232
)
 
(1
)
 
672

 
—

Ending Balance, September 30, 2017
$
435

 
$
762

 
$
2,960

 
$
387

 
$
757

 
$
5,301

Ending Balance:
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
—

 
—

 
—

 
—

 
—

 
—

Collectively evaluated for impairment
435

 
762

 
2,960

 
387

 
757

 
5,301

Loans:
 
 
 
 
 
 
 
 
 
 
 
Ending Balance
$
37,182

 
$
203,896

 
$
222,154

 
$
34,447

 
$
17,028

 
$
514,707

Individually evaluated for impairment
1,959

 
1,654

 
1,319

 
63

 
—

 
4,995

Collectively evaluated for impairment
35,223

 
202,242

 
220,835

 
34,384

 
17,028

 
509,712


 
December 31, 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
—

 
(83
)
 
(165
)
 
—

 
(540
)
 
(788
)
Recoveries
4

 
293

 
2

 
11

 
275

 
585

Provision for (recovery of) loan losses
(1,095
)
 
(130
)
 
771

 
63

 
391

 
—

Ending Balance, December 31, 2016
$
441

 
$
1,019

 
$
3,142

 
$
380

 
$
339

 
$
5,321

Ending Balance:
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
—

 
37

 
—

 
—

 
—

 
37

Collectively evaluated for impairment
441

 
982

 
3,142

 
380

 
339

 
5,284

Loans:
 
 
 
 
 
 
 
 
 
 
 
Ending Balance
$
34,699

 
$
198,763

 
$
211,210

 
$
29,981

 
$
11,414

 
$
486,067

Individually evaluated for impairment
1,973

 
1,828

 
984

 
75

 
—

 
4,860

Collectively evaluated for impairment
32,726

 
196,935

 
210,226

 
29,906

 
11,414

 
481,207

 
 
September 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
—

 
(53
)
 
—

 
—

 
(398
)
 
(451
)
Recoveries
4

 
290

 
1

 
10

 
232

 
537

Provision for (recovery of) loan losses
(1,084
)
 
(173
)
 
1,002

 
13

 
242

 
—

Ending Balance, September 30, 2016
$
452

 
$
1,003

 
$
3,537

 
$
329

 
$
289

 
$
5,610

Ending Balance:
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
—

 
33

 
223

 
—

 
—

 
256

Collectively evaluated for impairment
452

 
970

 
3,314

 
329

 
289

 
5,354

Loans:
 
 
 
 
 
 
 
 
 
 
 
Ending Balance
$
34,518

 
$
196,492

 
$
202,843

 
$
25,851

 
$
11,130

 
$
470,834

Individually evaluated for impairment
2,749

 
2,094

 
1,991

 
79

 
—

 
6,913

Collectively evaluated for impairment
31,769

 
194,398

 
200,852

 
25,772

 
11,130

 
463,921
Impaired Loans and Related Allowance
Impaired loans and the related allowance at September 30, 2017, December 31, 2016 and September 30, 2016, were as follows (in thousands):
 
September 30, 2017
 
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
$
2,429

 
$
1,959

 
$
—

 
$
1,959

 
$
—

 
$
1,904

 
$
40

Secured by 1-4 family
1,808

 
1,654

 
—

 
1,654

 
—

 
1,697

 
47

Other real estate loans
1,512

 
1,319

 
—

 
1,319

 
—

 
1,084

 
68

Commercial and industrial
82

 
63

 
—

 
63

 
—

 
70

 
4

Total
$
5,831

 
$
4,995

 
$
—

 
$
4,995

 
$
—

 
$
4,755

 
$
159

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 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
$
2,388

 
$
1,973

 
$
—

 
$
1,973

 
$
—

 
$
2,407

 
$
66

Secured by 1-4 family
1,851

 
1,675

 
153

 
1,828

 
37

 
2,013

 
87

Other real estate loans
1,213

 
984

 
—

 
984

 
—

 
2,529

 
22

Commercial and industrial
93

 
75

 
—

 
75

 
—

 
85

 
1

Total
$
5,545

 
$
4,707

 
$
153

 
$
4,860

 
$
37

 
$
7,034

 
$
176

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
September 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
$
2,992

 
$
2,749

 
$
—

 
$
2,749

 
$
—

 
$
2,599

 
$
40

Secured by 1-4 family
2,114

 
2,006

 
88

 
2,094

 
33

 
2,045

 
73

Other real estate loans
2,596

 
1,447

 
544

 
1,991

 
223

 
2,808

 
24

Commercial and industrial
97

 
79

 
—

 
79

 
—

 
87

 
—

Total
$
7,799

 
$
6,281

 
$
632

 
$
6,913

 
$
256

 
$
7,539

 
$
137