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Loans and Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2012

Aging of Recorded Investment in Loans by Class of Loans

The following table provides the components of the Company’s recorded investment in loans for each portfolio segment at June 30, 2012:

		Residential												Commercial				Commercial				Home Equity &				Other
		Real Estate				Land				Construction				Real Estate				Business				2nd Mtg				Consumer				Total
		(In thousands)
Recorded Investment in Loans:
Principal loan balance		$	111,743			$	9,779			$	7,967			$	60,054			$	19,981			$	38,097			$	30,990			$	278,611
Accrued interest receivable			423				45				13				155				59				142				157				994
Net deferred loan origination fees and costs			69				2				(13	)			(8	)			(10	)			105				0				145
Recorded investment in loans		$	112,235			$	9,826			$	7,967			$	60,201			$	20,030			$	38,344			$	31,147			$	279,750
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment		$	2,370			$	41			$	265			$	2,730			$	1,843			$	239			$	0			$	7,488
Collectively evaluated for impairment			109,865				9,785				7,702				57,471				18,187				38,105				31,147				272,262
Acquired with deteriorated credit quality			0				0				0				0				0				0				0				0
Ending balance		$	112,235			$	9,826			$	7,967			$	60,201			$	20,030			$	38,344			$	31,147			$	279,750

The following table provides the components of the Company’s recorded investment in loans for each portfolio segment at December 31, 2011:

		Residential												Commercial				Commercial				Home Equity &				Other
		Real Estate				Land				Construction				Real Estate				Business				2nd Mtg				Consumer				Total
		(In thousands)
Recorded Investment in Loans:
Principal loan balance		$	116,338			$	9,910			$	6,963			$	57,680			$	20,722			$	38,641			$	29,832			$	280,086
Accrued interest receivable			463				60				16				160				64				162				202				1,127
Net deferred loan origination fees and costs			67				2				0				0				(10	)			84				0				143
Recorded investment in loans		$	116,868			$	9,972			$	6,979			$	57,840			$	20,776			$	38,887			$	30,034			$	281,356
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment		$	2,281			$	5			$	247			$	2,853			$	1,928			$	87			$	0			$	7,401
Collectively evaluated for impairment			114,587				9,967				6,732				54,987				18,848				38,800				30,034				273,955
Acquired with deteriorated credit quality			0				0				0				0				0				0				0				0
Ending balance		$	116,868			$	9,972			$	6,979			$	57,840			$	20,776			$	38,887			$	30,034			$	281,356

Allowance for Loan Losses

An analysis of the allowance for loan losses as of June 30, 2012 is as follows:

		Residential Real Estate				Land				Construction				Commercial Real Estate				Commercial Business				Home Equity & 2nd Mtg				Other Consumer				Total
		(In thousands)
Ending allowance balance attributable to loans:
Individually evaluated for impairment		$	231			$	0			$	0			$	348			$	914			$	129			$	0			$	1,622
Collectively evaluated for impairment			942				102				40				478				240				711				297				2,810
Acquired with deteriorated credit quality			0				0				0				0				0				0				0				0
Ending balance		$	1,173			$	102			$	40			$	826			$	1,154			$	840			$	297			$	4,432

An analysis of the allowance for loan losses as of December 31, 2011 is as follows:

		Residential Real Estate				Land				Construction				Commercial Real Estate				Commercial Business				Home Equity & 2nd Mtg				Other Consumer				Total
		(In thousands)
Ending allowance balance attributable to loans:
Individually evaluated for impairment		$	183			$	0			$	0			$	539			$	936			$	0			$	0			$	1,658
Collectively evaluated for impairment			645				93				33				730				224				400				399				2,524
Acquired with deteriorated credit quality			0				0				0				0				0				0				0				0
Ending balance		$	828			$	93			$	33			$	1,269			$	1,160			$	400			$	399			$	4,182

An analysis of the changes in the allowance for loan losses for the three months and six months ended June 30, 2012 is as follows:

		Residential Real Estate				Land				Construction				Commercial Real Estate				Commercial Business				Home Equity & 2nd Mtg				Other Consumer				Total
		(In thousands)
Allowance for loan losses:
Changes in Allowance for Loan Losses for the three-months ended June 30, 2012
Beginning balance		$	1,060			$	99			$	35			$	924			$	1,175			$	651			$	284			$	4,228
Provisions for loan losses			147				3				5				(98	)			(22	)			246				19				300
Charge-offs			(35	)			0				0				0				0				(62	)			(55	)			(152	)
Recoveries			1				0				0				0				1				5				49				56
Ending balance		$	1,173			$	102			$	40			$	826			$	1,154			$	840			$	297			$	4,432
Changes in Allowance for Loan Losses for the six-months ended June 30, 2012
Beginning balance		$	828			$	93			$	33			$	1,269			$	1,160			$	400			$	399			$	4,182
Provisions for loan losses			646				12				7				(443	)			(10	)			607				(44	)			775
Charge-offs			(312	)			(4	)			0				0				0				(176	)			(146	)			(638	)
Recoveries			11				1				0				0				4				9				88				113
Ending balance		$	1,173			$	102			$	40			$	826			$	1,154			$	840			$	297			$	4,432

An analysis of the changes in the allowance for loan losses for the three months and six months ended June 30, 2011 is as follows:

		Residential												Commercial				Commercial				Home Equity &				Other
		Real Estate				Land				Construction				Real Estate				Business				2nd Mtg				Consumer				Total
		(In thousands)
Allowance for loan losses:
Changes in Allowance for Loan Losses for the three-months ended June 30, 2011
Beginning balance		$	992			$	79			$	39			$	1,248			$	1,211			$	562			$	446			$	4,577
Provisions for loan losses			223				(20	)			(13	)			91				112				46				(14	)			425
Charge-offs			(1	)			0				0				(68	)			(305	)			(51	)			(73	)			(498	)
Recoveries			3				0				0				0				2				5				47				57
Ending balance		$	1,217			$	59			$	26			$	1,271			$	1,020			$	562			$	406			$	4,561
Changes in Allowance for Loan Losses for the six-months ended June 30, 2011
Beginning balance		$	1,024			$	55			$	21			$	1,051			$	1,251			$	606			$	465			$	4,473
Provisions for loan losses			454				4				5				288				70				133				(29	)			925
Charge-offs			(265	)			0				0				(68	)			(305	)			(208	)			(138	)			(984	)
Recoveries			4				0				0				0				4				31				108				147
Ending balance		$	1,217			$	59			$	26			$	1,271			$	1,020			$	562			$	406			$	4,561

Impaired Loans by Class of Loans

The following table summarizes the Company’s impaired loans by class of loans as of June 30, 2012 and for the three months and six months ended June 30, 2012:

		At June 30, 2012												Three Months Ended June 30, 2012												Six Months Ended June 30, 2012
						Unpaid								Average				Interest				Interest				Average				Interest				Interest
		Recorded				Principal				Related				Recorded				Income				Recognized -				Recorded				Income				Recognized -
		Investment				Balance				Allowance				Investment				Recognized				Cash Method				Investment				Recognized				Cash Method
		(In thousands)
Loans with no related allowance recorded:
Residential		$	1,045			$	1,314			$	0			$	1,202			$	0			$	1			$	1,184			$	1			$	1
Land			41				42				0				41				0				0				29				0				0
Construction			265				270				0				266				0				0				259				0				0
Commercial real estate			1,237				1,530				0				1,244				0				0				1,234				0				0
Commercial business			0				0				0				0				0				0				0				0				0
Home Equity/2nd mortgage			85				92				0				85				1				0				86				2				1
Other consumer			0				0				0				0				0				0				0				0				0
			2,673				3,248				0				2,838				1				1				2,792				3				2
Loans with an allowance recorded:
Residential			1,325				1,410				231				1,017				0				0				1,055				0				0
Land			0				0				0				0				0				0				0				0				0
Construction			0				0				0				0				0				0				0				0				0
Commercial real estate			1,493				1,593				348				1,502				0				0				1,547				0				0
Commercial business			1,843				1,909				914				1,885				0				0				1,899				0				0
Home Equity/2nd mortgage			154				156				129				171				0				1				114				0				1
Other consumer			0				0				0				0				0				0				0				0				0
			4,815				5,068				1,622				4,575				0				1				4,615				0				1
Total:
Residential			2,370				2,724				231				2,219				0				1				2,239				1				1
Land			41				42				0				41				0				0				29				0				0
Construction			265				270				0				266				0				0				259				0				0
Commercial real estate			2,730				3,123				348				2,746				0				0				2,781				0				0
Commercial business			1,843				1,909				914				1,885				0				0				1,899				0				0
Home Equity/2nd mortgage			239				248				129				256				1				1				200				2				2
Other consumer			0				0				0				0				0				0				0				0				0
		$	7,488			$	8,316			$	1,622			$	7,413			$	1			$	2			$	7,407			$	3			$	3

The following table summarizes the Company’s impaired loans by class of loans for the three months and six months ended June 30, 2011:

		Three Months Ended June 30, 2011												Six Months Ended June 30, 2011
		Average				Interest				Interest				Average				Interest				Interest
		Recorded				Income				Recognized -				Recorded				Income				Recognized -
		Investment				Recognized				Cash Method				Investment				Recognized				Cash Method
		(In thousands)
Loans with no related allowance recorded:
Residential		$	947			$	6			$	2			$	977			$	10			$	4
Land			6				0				0				4				0				0
Construction			441				0				0				294				0				0
Commercial real estate			438				0				0				424				0				0
Commercial business			0				0				0				7				0				0
Home Equity/2nd mortgage			17				2				0				19				2				0
Other consumer			0				1				1				6				1				1
			1,849				9				3				1,731				13				5
Loans with an allowance recorded:
Residential			2,156				0				34				2,187				0				34
Land			0				0				0				0				0				0
Construction			0				0				0				93				0				0
Commercial real estate			1,011				0				0				1,134				0				0
Commercial business			2,071				0				0				2,097				0				0
Home Equity/2nd mortgage			484				0				0				447				0				0
Other consumer			12				0				0				8				0				0
			5,734				0				34				5,966				0				34
Total:
Residential			3,103				6				36				3,164				10				38
Land			6				0				0				4				0				0
Construction			441				0				0				387				0				0
Commercial real estate			1,449				0				0				1,558				0				0
Commercial business			2,071				0				0				2,104				0				0
Home Equity/2nd mortgage			501				2				0				466				2				0
Other consumer			12				1				1				14				1				1
		$	7,583			$	9			$	37			$	7,697			$	13			$	39

The following table summarizes the Company’s impaired loans by class of loans as of December 31, 2011:

						Unpaid
		Recorded				Principal				Related
		Investment				Balance				Allowance
		(In thousands)
Loans with no related allowance recorded:
Residential		$	1,149			$	1,507			$	0
Land			5				6				0
Construction			247				249				0
Commercial real estate			1,215				1,280				0
Commercial business			0				0				0
HE/2nd mortgage			87				94				0
Other consumer			0				0				0
			2,703				3,136				0
Loans with an allowance recorded:
Residential			1,132				1,233				183
Land			0				0				0
Construction			0				0				0
Commercial real estate			1,638				1,933				539
Commercial business			1,928				2,023				936
HE/2nd mortgage			0				0				0
Other consumer			0				0				0
			4,698				5,189				1,658
Total:
Residential			2,281				2,740				183
Land			5				6				0
Construction			247				249				0
Commercial real estate			2,853				3,213				539
Commercial business			1,928				2,023				936
Home Equity/2nd mortgage			87				94				0
Other consumer			0				0				0
		$	7,401			$	8,325			$	1,658

Recorded Investment in Nonperforming Loans by Class of Loans

Nonperforming loans consists of nonaccrual loans and loans over 90 days past due and still accruing interest. The following table presents the recorded investment in nonperforming loans by class of loans at June 30, 2012 and December 31, 2011:

		June 30, 2012												December 31, 2011
						Loans 90+ Days				Total								Loans 90+ Days				Total
		Nonaccrual				Past Due				Nonperforming				Nonaccrual				Past Due				Nonperforming
		Loans				Still Accruing				Loans				Loans				Still Accruing				Loans
		(In thousands)
Residential		$	2,370			$	0			$	2,370			$	2,281			$	143			$	2,424
Land			41				0				41				5				38				43
Construction			265				0				265				247				0				247
Commercial real estate			2,730				2				2,732				2,853				0				2,853
Commercial business			1,843				0				1,843				1,928				0				1,928
Home Equity/2nd mortgage			239				67				306				87				159				246
Other consumer			0				16				16				0				23				23
Total		$	7,488			$	85			$	7,573			$	7,401			$	363			$	7,764

Recorded Investment in Loans by Risk Category

The following table presents the recorded investment in loans by risk category and class of loans as of the date indicated:

		Residential												Commercial				Commercial				Home Equity &				Other
		Real Estate				Land				Construction				Real Estate				Business				2nd Mtg				Consumer				Total
		(In thousands)
June 30, 2012
Pass		$	106,102			$	7,388			$	7,386			$	49,427			$	15,957			$	37,833			$	31,040			$	255,133
Special Mention			1,860				252				156				5,264				1,799				17				59				9,407
Substandard			1,903				2,145				160				2,780				431				255				48				7,722
Doubtful			2,370				41				265				2,730				1,843				239				0				7,488
Loss			0				0				0				0				0				0				0				0
Ending balance		$	112,235			$	9,826			$	7,967			$	60,201			$	20,030			$	38,344			$	31,147			$	279,750
December 31, 2011
Pass		$	113,037			$	7,578			$	6,217			$	46,544			$	16,961			$	38,513			$	29,976			$	258,826
Special Mention			862				255				307				5,392				1,462				63				44				8,385
Substandard			688				2,134				208				3,051				425				224				14				6,744
Doubtful			2,281				5				247				2,853				1,928				87				0				7,401
Loss			0				0				0				0				0				0				0				0
Ending balance		$	116,868			$	9,972			$	6,979			$	57,840			$	20,776			$	38,887			$	30,034			$	281,356

Tdrs by Class of Loan and Accrual Status

The following table summarizes the Company’s troubled debt restructurings (TDRs) by class of loan and accrual status as of June 30, 2012 and December 31, 2011:

		June 30, 2012																December 31, 2011
														Related Allowance																Related Allowance
		Accruing				Nonaccrual				Total				for Loan Losses				Accruing				Nonaccrual				Total				for Loan Losses
		(In thousands)
Troubled debt restructurings:
Residential real estate		$	290			$	376			$	666			$	25			$	112			$	516			$	628			$	11
Land			136				0				136				0				135				0				135				0
Construction			160				265				425				0				207				247				454				0
Commercial real estate			0				1,577				1,577				89				0				1,603				1,603				211
Commercial business			0				1,843				1,843				914				0				1,843				1,843				914
Home equity and 2nd mortgage			0				33				33				28				8				0				8				0
Consumer			0				0				0				0				0				0				0				0
Total		$	586			$	4,094			$	4,680			$	1,056			$	462			$	4,209			$	4,671			$	1,136

Information in Regard to Tdrs that Occurred During Period

The following table summarizes information in regard to TDRs that were restructured during the six months ended June 30, 2012. There were no TDRs restructured during the three months ended June 30, 2012.

		Six months ended June 30, 2012
						Pre-Modification				Post-Modification
		Number of				Outstanding				Outstanding
		Contracts				Balance				Balance
		(Dollars in thousands)
Troubled debt restructurings:
Residential real estate			1			$	88			$	87
Home equity & 2nd mortgage			1				25				25
Construction			0				0				0
Commercial real estate			0				0				0
Commercial business			0				0				0
Construction			0				0				0
Consumer			0				0				0
Total			2			$	113			$	112

Financing Receivable Recorded Investment Current Past Due

Aging of Recorded Investment in Loans by Class of Loans

The following table presents the aging of the recorded investment loans by class of loans at June 30, 2012:

		30-59 Days				60-89 Days				Over 90 Days				Total								Total
		Past Due				Past Due				Past Due				Past Due				Current				Loans
		(In thousands)
Residential		$	3,814			$	961			$	871			$	5,646			$	106,589			$	112,235
Land			172				0				37				209				9,617				9,826
Construction			0				0				265				265				7,702				7,967
Commercial real estate			260				128				1,239				1,627				58,574				60,201
Commercial business			20				18				0				38				19,992				20,030
Home Equity/2nd mortgage			368				40				152				560				37,784				38,344
Other consumer			238				90				16				344				30,803				31,147
Total		$	4,872			$	1,237			$	2,580			$	8,689			$	271,061			$	279,750

The following table presents the aging of the recorded investment in loans by class of loans at December 31, 2011:

		30-59 Days				60-89 Days				Over 90 Days				Total								Total
		Past Due				Past Due				Past Due				Past Due				Current				Loans
		(In thousands)
Residential		$	5,205			$	1,068			$	1,035			$	7,308			$	109,560			$	116,868
Land			442				43				43				528				9,444				9,972
Construction			0				0				247				247				6,732				6,979
Commercial real estate			676				0				1,258				1,934				55,906				57,840
Commercial business			256				0				0				256				20,520				20,776
Home Equity/2nd mortgage			558				72				246				876				38,011				38,887
Other consumer			306				37				23				366				29,668				30,034
Total		$	7,443			$	1,220			$	2,852			$	11,515			$	269,841			$	281,356

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 50

-Paragraph 29

-URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953659-111524



Reference 2: 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=7880640&loc=SL6953803-111525

+ 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=7512638&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=7512638&loc=d3e5111-111524



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-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 7A

-URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953401-111524

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- 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



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-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3, 4

-Article 5

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- Definition

Tabular disclosure of the activity in the total allowance for credit losses related to financing receivables (such as loans or lease receivables) for entities that have an unclassified balance sheet, including the balance in the allowance at the beginning and end of each period, additions charged to operations, direct write-downs charged against the allowance, and recoveries of amounts previously charged off.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 11B

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524

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- Definition

Tabular disclosure of troubled debt restructurings in the current period: (1) for each restructuring, the principal changes in terms, the major features of settlement, or both; (2) the aggregate gain (loss) on restructuring of payables; (3) the income tax effect on the gain or loss recognized on the restructuring of payables; (4) the gain (loss) recognized on the restructuring of payables, after the impact of income tax expense or benefit; and (5) the aggregate gain (loss) on transfer of assets recognized during the period, after the impact of income tax expense or benefit.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 15

-Paragraph 25

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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-Publisher FASB

-Name Accounting Standards Codification

-Topic 470

-SubTopic 60

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6402221&loc=d3e15743-112638

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- 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 34

-URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953682-111524



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-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 33

-URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953676-111524

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