XML 25 R18.htm IDEA: XBRL DOCUMENT v3.4.0.3

3. Loans (Tables)

3 Months Ended

Mar. 31, 2016

Receivables [Abstract]

Major classifications of loans

(Dollars in thousands)
		March 31, 2016				December 31, 2015
Real estate loans:
Construction and land development		$	63,973				65,791
Single-family residential			223,104				220,690
Single-family residential -
Banco de la Gente stated income			42,951				43,733
Commercial			228,166				228,526
Multifamily and farmland			18,122				18,080
Total real estate loans			576,316				576,820
Loans not secured by real estate:
Commercial loans			91,784				91,010
Farm loans			2				3
Consumer loans			9,705				10,027
All other loans			15,226				11,231
Total loans			693,033				689,091
Less allowance for loan losses			9,116				9,589
Total net loans		$	683,917				679,502

Age analysis of past due loans, by loan type

March 31, 2016
(Dollars in thousands)
		Loans 30-89 Days Past Due				Loans 90 or More Days Past Due				Total Past Due Loans				Total Current Loans				Total Loans				Accruing Loans 90 or More Days Past Due
Real estate loans:
Construction and land development		$	76				17				93				63,880				63,973				-
Single-family residential			2,964				1,101				4,065				219,039				223,104				-
Single-family residential -
Banco de la Gente stated income			6,416				315				6,731				36,220				42,951				127
Commercial			860				1,824				2,684				225,482				228,166				-
Multifamily and farmland			-				-				-				18,122				18,122				-
Total real estate loans			10,316				3,257				13,573				562,743				576,316				127
Loans not secured by real estate:
Commercial loans			74				23				97				91,687				91,784				-
Farm loans			-				-				-				2				2				-
Consumer loans			83				7				90				9,615				9,705				-
All other loans			16				-				16				15,210				15,226				-
Total loans		$	10,489				3,287				13,776				679,257				693,033				127

December 31, 2015
(Dollars in thousands)
		Loans 30-89 Days Past Due				Loans 90 or More Days Past Due				Total Past Due Loans				Total Current Loans				Total Loans				Accruing Loans 90 or More Days Past Due
Real estate loans:
Construction and land development		$	330				17				347				65,444				65,791				-
Single-family residential			2,822				1,385				4,207				216,483				220,690				-
Single-family residential -
Banco de la Gente stated income			7,021				114				7,135				36,598				43,733				-
Commercial			2,619				157				2,776				225,750				228,526				-
Multifamily and farmland			-				-				-				18,080				18,080				-
Total real estate loans			12,792				1,673				14,465				562,355				576,820				-
Loans not secured by real estate:
Commercial loans			185				40				225				90,785				91,010				17
Farm loans			-				-				-				3				3				-
Consumer loans			136				8				144				9,883				10,027				-
All other loans			-				-				-				11,231				11,231				-
Total loans		$	13,113				1,721				14,834				674,257				689,091				17

Non-accrual loans

(Dollars in thousands)
		March 31, 2016				December 31, 2015
Real estate loans:
Construction and land development		$	149				146
Single-family residential			3,540				4,023
Single-family residential -
Banco de la Gente stated income			1,007				1,106
Commercial			3,431				2,992
Multifamily and farmland			-				-
Total real estate loans			8,127				8,267
Loans not secured by real estate:
Commercial loans			102				113
Consumer loans			39				52
Total		$	8,268				8,432

Impaired loans

March 31, 2016
(Dollars in thousands)
		Unpaid Contractual Principal Balance				Recorded Investment With No Allowance				Recorded Investment With Allowance				Recorded Investment in Impaired Loans				Related Allowance				Average Outstanding Impaired Loans
Real estate loans:
Construction and land development		$	497				-				433				433				22				459
Single-family residential			8,097				1,479				6,206				7,685				179				11,287
Single-family residential -
Banco de la Gente stated income			19,621				-				19,061				19,061				1,304				17,951
Commercial			5,984				4,720				604				5,324				4				6,739
Multifamily and farmland			78				-				78				78				-				80
Total impaired real estate loans			34,277				6,199				26,382				32,581				1,509				36,516
Loans not secured by real estate:
Commercial loans			179				-				148				148				2				129
Consumer loans			245				-				238				238				4				245
Total impaired loans		$	34,701				6,199				26,768				32,967				1,515				36,890

December 31, 2015
(Dollars in thousands)
		Unpaid Contractual Principal Balance				Recorded Investment With No Allowance				Recorded Investment With Allowance				Recorded Investment in Impaired Loans				Related Allowance				Average Outstanding Impaired Loans
Real estate loans:
Construction and land development		$	643				216				226				442				12				705
Single-family residential			8,828				1,489				6,805				8,294				189				10,852
Single-family residential -
Banco de la Gente stated income			20,375				-				19,215				19,215				1,143				18,414
Commercial			4,556				-				4,893				4,893				179				5,497
Multifamily and farmland			96				-				83				83				-				93
Total impaired real estate loans			34,498				1,705				31,222				32,927				1,523				35,561
Loans not secured by real estate:
Commercial loans			180				-				161				161				3				132
Consumer loans			286				-				260				260				4				283
Total impaired loans		$	34,964				1,705				31,643				33,348				1,530				35,976

Changes in the allowance for loan losses

(Dollars in thousands)
		Real Estate Loans
		Construction and Land Development			Single- Family Residential		Single- Family Residential - Banco de la Gente Stated  Income		Commercial		Multifamily and Farmland		Commercial		Farm		Consumer  and All Other		Unallocated		Total
Three months ended March 31, 2016
Allowance for loan losses:
Beginning balance		$	2,185		2,534		1,460		1,917		-		842		-		172		479		9,589
Charge-offs			-		(59	)	-		(106	)	-		(29	)	-		(128	)	-		(322	)
Recoveries			3		8		-		5		-		6		-		43		-		65
Provision			(344	)	(8	)	(37	)	(28	)	-		(9	)	-		103		107		(216	)
Ending balance		$	1,844		2,475		1,423		1,788		-		810		-		190		586		9,116
Allowance for loan losses March 31, 2016:
Ending balance: individually
evaluated for impairment		$	-		95		1,107		170		-		-		-		-		-		1,372
Ending balance: collectively
evaluated for impairment			1,844		2,380		316		1,618		-		810		-		190		586		7,744
Ending balance		$	1,844		2,475		1,423		1,788		-		810		-		190		586		9,116
Loans March 31, 2016:
Ending balance		$	63,973		223,104		42,951		228,166		18,122		91,784		2		24,931		-		693,033
Ending balance: individually
evaluated for impairment		$	-		2,612		17,711		4,890		-		-		-		-		-		25,213
Ending balance: collectively
evaluated for impairment		$	63,973		220,492		25,240		223,276		18,122		91,784		2		24,931		-		667,820

(Dollars in thousands)
		Real Estate Loans
		Construction and Land Development			Single- Family Residential		Single- Family Residential - Banco de la Gente Stated Income		Commercial		Multifamily and Farmland		Commercial		Farm		Consumer  and All Other		Unallocated		Total
Three months ended March 31, 2015
Allowance for loan losses:
Beginning balance		$	2,785		2,566		1,610		1,902		7		1,098		-		233		881		11,082
Charge-offs			(88	)	(291	)	(42	)	(2	)	-		-		-		(107	)	-		(530	)
Recoveries			5		6		22		5		-		36		-		44		-		118
Provision			56		318		(4	)	(119	)	(1	)	47		-		38		(162	)	173
Ending balance		$	2,758		2,599		1,586		1,786		6		1,181		-		208		719		10,843
Allowance for loan losses March 31, 2015:
Ending balance: individually
evaluated for impairment		$	-		82		1,145		245		-		-		-		-		-		1,472
Ending balance: collectively
evaluated for impairment			2,758		2,517		441		1,541		6		1,181		-		208		719		9,371
Ending balance		$	2,758		2,599		1,586		1,786		6		1,181		-		208		719		10,843
Loans March 31, 2015:
Ending balance		$	57,247		207,113		46,272		227,471		12,331		87,055		5		22,983		-		660,477
Ending balance: individually
evaluated for impairment		$	266		3,448		18,655		3,633		-		-		-		-		-		26,002
Ending balance: collectively
evaluated for impairment		$	56,981		203,665		27,617		223,838		12,331		87,055		5		22,983		-		634,475

Credit risk profile of each loan type based on internally assigned risk grade

March 31, 2016
(Dollars in thousands)
	Real Estate Loans
	Construction and Land Development			Single- Family Residential		Single- Family Residential - Banco de la Gente Stated Income		Commercial		Multifamily and Farmland		Commercial		Farm		Consumer		All Other		Total
1- Excellent Quality	$	-		11,461		-		-		-		655		-		1,128		50		13,294
2- High Quality		9,033		88,332		-		39,327		2,971		28,890		-		3,431		2,836		174,820
3- Good Quality		35,088		85,158		18,719		151,666		11,232		56,311		2		4,495		10,546		373,217
4- Management Attention		12,766		28,689		16,057		28,887		1,251		5,506		-		564		1,794		95,514
5- Watch		6,792		3,520		2,849		3,506		2,668		254		-		32		-		19,621
6- Substandard		294		5,944		5,326		4,780		-		168		-		54		-		16,566
7- Doubtful		-		-		-		-		-		-		-		1		-		1
8- Loss		-		-		-		-		-		-		-		-		-		-
Total	$	63,973		223,104		42,951		228,166		18,122		91,784		2		9,705		15,226		693,033

December 31, 2015
(Dollars in thousands)
	Real Estate Loans
	Construction and Land Development			Single- Family Residential		Single- Family Residential - Banco de la Gente Stated Income		Commercial		Multifamily and Farmland		Commercial		Farm		Consumer		All Other		Total
1- Excellent Quality	$	-		15,189		-		-		-		700		-		1,091		-		16,980
2- High Quality		10,144		86,061		-		38,647		2,998		24,955		-		3,647		1,665		168,117
3- Good Quality		35,535		78,843		19,223		148,805		12,058		58,936		3		4,571		7,828		365,802
4- Management Attention		12,544		30,259		15,029		31,824		335		5,905		-		620		1,738		98,254
5- Watch		7,265		4,322		3,308		4,561		2,689		332		-		43		-		22,520
6- Substandard		303		6,016		6,173		4,689		-		182		-		55		-		17,418
7- Doubtful		-		-		-		-		-		-		-		-		-		-
8- Loss		-		-		-		-		-		-		-		-		-		-
Total	$	65,791		220,690		43,733		228,526		18,080		91,010		3		10,027		11,231		689,091

Analysis of loan modifications

Three months ended March 31, 2015
(Dollars in thousands)
		Number of Contracts			Pre-Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment
Real estate loans
Single-family residential		1			$	146			146
Total real estate TDR loans		1				146			146
Total TDR loans		1			$	146			146

X

- Definition

Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953423-111524

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 55
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953803-111525

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953659-111524

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=49124121&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=49124121&loc=d3e5111-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953401-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_ReceivablesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of nonaccrual and past due financing receivables (such as loans and trade receivables), including: (a) the recorded investment in loans and trade receivables, if applicable, on nonaccrual status as of each balance sheet date (b) the recorded investment in loans and trade receivables, if applicable, past due 90 days or more and still accruing.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=49124121&loc=d3e5111-111524

+ Details

Name:	us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables and troubled debt restructurings.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953676-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953682-111524

+ Details

Name:	us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration