XML 56 R21.htm IDEA: XBRL DOCUMENT

Loan and Alowance for Loan Loss (Tables)

9 Months Ended

Sep. 30, 2012

Loans And Leases Receivable Disclosure

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

				September 30,		December 31,
(In thousands)				2012		2011
Commercial and industrial			$	58,579	$	54,988
Construction and land development				40,573		39,814
Commercial real estate:
	Owner occupied			68,299		70,202
	Other			115,458		92,233
		Total commercial real estate		183,757		162,435
Residential real estate:
	Consumer mortgage			56,992		57,958
	Investment property			46,327		43,767
		Total residential real estate		103,319		101,725
Consumer installment				11,747		11,454
		Total loans		397,975		370,416
Less: unearned income				(237)		(153)
		Loans, net of unearned income	$	397,738	$	370,263

Past Due Financing Receivables [Table Text Block]

					Accruing	Accruing	Total
					30-89 Days	Greater than	Accruing	Non-		Total
(In thousands)			Current		Past Due	90 days	Loans	Accrual		Loans
September 30, 2012:
Commercial and industrial			$	58,081	393	12	58,486	93	$	58,579
Construction and land development				36,733	—	—	36,733	3,840		40,573
Commercial real estate:
	Owner occupied			66,920	—	—	66,920	1,379		68,299
	Other			109,630	—	—	109,630	5,828		115,458
		Total commercial real estate		176,550	—	—	176,550	7,207		183,757
Residential real estate:
	Consumer mortgage			55,601	452	—	56,053	939		56,992
	Investment property			44,505	266	—	44,771	1,556		46,327
		Total residential real estate		100,106	718	—	100,824	2,495		103,319
Consumer installment				11,719	27	1	11,747	—		11,747
		Total	$	383,189	1,138	13	384,340	13,635	$	397,975


December 31, 2011:
Commercial and industrial			$	53,721	1,191	—	54,912	76	$	54,988
Construction and land development				34,402	317	—	34,719	5,095		39,814
Commercial real estate:
	Owner occupied			68,551	—	—	68,551	1,651		70,202
	Other			90,427	—	—	90,427	1,806		92,233
		Total commercial real estate		158,978	—	—	158,978	3,457		162,435
Residential real estate:
	Consumer mortgage			56,610	400	—	57,010	948		57,958
	Investment property			42,144	845	—	42,989	778		43,767
		Total residential real estate		98,754	1,245	—	99,999	1,726		101,725
Consumer installment				11,397	57	—	11,454	—		11,454
		Total	$	357,252	2,810	—	360,062	10,354	$	370,416

Allowance for Credit Losses on Financing Receivables [Table Text Block]

			September 30, 2012
(In thousands)		Commercial and industrial		Construction and land development	Commercial real estate	Residential real estate	Consumer installment		Total
Quarter ended:
Beginning balance		$	731	1,623	2,817	1,278	54	$	6,503
Charge-offs			(152)	—	(1,626)	(324)	(35)		(2,137)
Recoveries			20	—	71	35	3		129
	Net charge-offs		(132)	—	(1,555)	(289)	(32)		(2,008)
Provision			155	(14)	1,396	(42)	55		1,550
Ending balance		$	754	1,609	2,658	947	77	$	6,045

Nine months ended:
Beginning balance		$	948	1,470	3,009	1,363	129	$	6,919
Charge-offs			(246)	(231)	(2,844)	(435)	(68)		(3,824)
Recoveries			28	1	71	85	15		200
	Net charge-offs		(218)	(230)	(2,773)	(350)	(53)		(3,624)
Provision			24	369	2,422	(66)	1		2,750
Ending balance		$	754	1,609	2,658	947	77	$	6,045

			September 30, 2011
(In thousands)		Commercial and industrial		Construction and land development	Commercial real estate	Residential real estate	Consumer installment	Unallocated		Total
Quarter ended:
Beginning balance		$	767	2,759	2,722	1,104	190	204	$	7,746
Charge-offs			(298)	(1,572)	(79)	(73)	(7)	—	$	(2,029)
Recoveries			5	1	—	14	3	—	$	23
	Net charge-offs		(293)	(1,571)	(79)	(59)	(4)	—		(2,006)
Provision			288	(50)	—	359	(8)	11	$	600
Ending balance		$	762	1,138	2,643	1,404	178	215	$	6,340

Nine months ended:
Beginning balance		$	972	2,223	2,893	1,336	141	111	$	7,676
Charge-offs			(659)	(1,717)	(419)	(519)	(11)	—		(3,325)
Recoveries			28	2	—	149	10	—		189
	Net charge-offs		(631)	(1,715)	(419)	(370)	(1)	—		(3,136)
Provision			421	630	169	438	38	104		1,800
Ending balance		$	762	1,138	2,643	1,404	178	215	$	6,340

FinancingReceivableAllowanceforCreditLossAdditionalInformationTableTextBlock

			Collectively evaluated (1)		Individually evaluated (2)		Total
			Allowance	Recorded	Allowance	Recorded	Allowance	Recorded
			for loan	investment	for loan	investment	for loan	investment
(In thousands)			losses	in loans	losses	in loans	losses	in loans
September 30, 2012:
Commercial and industrial		$	754	58,395	—	184	754	58,579
Construction and land development			1,468	36,817	141	3,756	1,609	40,573
Commercial real estate			2,519	175,733	139	8,024	2,658	183,757
Residential real estate			915	101,297	32	2,022	947	103,319
Consumer installment			77	11,747	—	—	77	11,747
	Total	$	5,733	383,989	312	13,986	6,045	397,975

September 30, 2011:
Commercial and industrial		$	762	53,661	—	227	762	53,888
Construction and land development			929	35,625	209	5,156	1,138	40,781
Commercial real estate			2,221	162,374	422	3,685	2,643	166,059
Residential real estate			1,163	100,713	241	1,317	1,404	102,030
Consumer installment			178	12,105	—	—	178	12,105
Unallocated			215	—	—	—	215	—
	Total	$	5,468	364,478	872	10,385	6,340	374,863

(1)	Represents loans collectively evaluated for impairment in accordance with ASC 450-20, Loss Contingencies (formerly FAS 5), and
	pursuant to amendments by ASU 2010-20 regarding allowance for unimpaired loans.
(2)	Represents loans individually evaluated for impairment in accordance with ASC 310-30, Receivables (formerly FAS 114), and
	pursuant to amendments by ASU 2010-20 regarding allowance for impaired loans.

Financing Receivable Credit Quality Indicators [Table Text Block]

				September 30, 2012
(In thousands)				Pass	Special Mention	Substandard Accruing	Nonaccrual		Total loans
Commercial and industrial			$	57,787	196	503	93	$	58,579
Construction and land development				35,311	570	852	3,840		40,573
Commercial real estate:
	Owner occupied			60,793	4,588	1,539	1,379		68,299
	Other			107,810	606	1,214	5,828		115,458
		Total commercial real estate		168,603	5,194	2,753	7,207		183,757
Residential real estate:
	Consumer mortgage			48,711	1,369	5,973	939		56,992
	Investment property			41,481	1,241	2,049	1,556		46,327
		Total residential real estate		90,192	2,610	8,022	2,495		103,319
Consumer installment				11,355	186	206	—		11,747
		Total	$	363,248	8,756	12,336	13,635	$	397,975

				December 31, 2011
(In thousands)				Pass	Special Mention	Substandard Accruing	Nonaccrual		Total loans
Commercial and industrial			$	52,834	1,359	719	76	$	54,988
Construction and land development				33,373	266	1,080	5,095		39,814
Commercial real estate:
	Owner occupied			62,543	4,951	1,057	1,651		70,202
	Other			81,584	622	8,221	1,806		92,233
		Total commercial real estate		144,127	5,573	9,278	3,457		162,435
Residential real estate:
	Consumer mortgage			50,156	1,575	5,279	948		57,958
	Investment property			38,732	2,225	2,032	778		43,767
		Total residential real estate		88,888	3,800	7,311	1,726		101,725
Consumer installment				11,078	248	128	—		11,454
		Total	$	330,300	11,246	18,516	10,354	$	370,416

Impaired Financing Receivables [Table Text Block]


				September 30, 2012
(In thousands)				Unpaid principal balance (1)	Charge-offs and payments applied (2)	Recorded investment (3)		Related allowance
With no allowance recorded:
Commercial and industrial			$	184	—	184
Construction and land development				5,187	(1,869)	3,318
Commercial real estate:
	Owner occupied			790	(46)	744
	Other			7,922	(1,546)	6,376
		Total commercial real estate		8,712	(1,592)	7,120
Residential real estate:
	Consumer mortgages			—	—	—
	Investment property			1,488	(304)	1,184
		Total residential real estate		1,488	(304)	1,184
Consumer installment				—	—	—
		Total	$	15,571	(3,765)	11,806
With allowance recorded:
Commercial and industrial			$	—	—	—	$	—
Construction and land development				477	(39)	438		141
Commercial real estate:
	Owner occupied			904	—	904		139
	Other			—	—	—		—
		Total commercial real estate		904	—	904		139
Residential real estate:
	Consumer mortgages			976	(138)	838		32
	Investment property			—	—	—		—
		Total residential real estate		976	(138)	838		32
Consumer installment				—	—	—		—
		Total	$	2,357	(177)	2,180	$	312
		Total impaired loans	$	17,928	(3,942)	13,986	$	312

(1) Unpaid principal balance represents the contractual obligation due from the customer.
(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments that have been
	applied against the outstanding principal balance subsequent to the loans being placed on nonaccrual status.
(3) Recorded investment represents the unpaid principal balance less charge-offs and payments applied; it is shown before
	any related allowance for loan losses.

				December 31, 2011
(In thousands)				Unpaid principal balance (1)	Charge-offs and payments applied (2)	Recorded investment (3)		Related allowance
With no allowance recorded:
Commercial and industrial			$	216	—	216
Construction and land development				3,958	(1,572)	2,386
Commercial real estate:
	Owner occupied			361	(11)	350
	Other			655	(50)	605
		Total commercial real estate		1,016	(61)	955
Residential real estate:
	Consumer mortgages			—	—	—
	Investment property			—	—	—
		Total residential real estate		—	—	—
Consumer installment				—	—	—
		Total	$	5,190	(1,633)	3,557
With allowance recorded:
Commercial and industrial			$	—	—	—	$	—
Construction and land development				2,882	(173)	2,709		147
Commercial real estate:
	Owner occupied			2,255	(29)	2,226		544
	Other			1,242	(41)	1,201		264
		Total commercial real estate		3,497	(70)	3,427		808
Residential real estate:
	Consumer mortgages			1,707	(797)	910		103
	Investment property			390	(7)	383		163
		Total residential real estate		2,097	(804)	1,293		266
Consumer installment				—	—	—		—
		Total	$	8,476	(1,047)	7,429	$	1,221
		Total impaired loans	$	13,666	(2,680)	10,986	$	1,221

(1) Unpaid principal balance represents the contractual obligation due from the customer.
(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments that have been
	applied against the outstanding principal balance subsequent to the loans being placed on nonaccrual status.
(3) Recorded investment represents the unpaid principal balance less charge-offs and payments applied; it is shown before
	any related allowance for loan losses.

ScheduleOfAverageImpairedFinancingReceivableTableTextBlock

				Quarter ended September 30, 2012		Nine months ended September 30, 2012
				Average	Total interest	Average	Total interest
				recorded	income	recorded	income
(In thousands)				investment	recognized	investment	recognized
Impaired loans:
Commercial and industrial			$	189	3	200	11
Construction and land development				3,801	—	4,357	—
Commercial real estate:
	Owner occupied			2,468	14	2,537	49
	Other			2,211	—	1,713	—
		Total commercial real estate		4,679	14	4,250	49
Residential real estate:
	Consumer mortgages			846	—	870	—
	Investment property			855	—	650	—
		Total residential real estate		1,701	—	1,520	—
Consumer installment				—	—	—	—
		Total	$	10,370	17	10,327	60

				Quarter ended September 30, 2011		Nine months ended September 30, 2011
				Average	Total interest	Average	Total interest
				recorded	income	recorded	income
(In thousands)				investment	recognized	investment	recognized
Impaired loans:
Commercial and industrial			$	229	3	345	5
Construction and land development				3,589	—	3,843	—
Commercial real estate:
	Owner occupied			1,886	10	1,769	17
	Other			2,096	—	2,545	—
		Total commercial real estate		3,982	10	4,314	17
Residential real estate:
	Consumer mortgages			934	—	1,514	—
	Investment property			130	—	75	—
		Total residential real estate		1,064	—	1,589	—
Consumer installment				—	—	—	—
		Total	$	8,864	13	10,091	22

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

				TDRs
								Related
(In thousands)				Accruing	Nonaccrual	Total		Allowance
September 30, 2012
Commercial and industrial			$	184	—	184	$	—
Construction and land development				—	3,756	3,756		141
Commercial real estate:
	Owner occupied			904	1,379	2,283		139
	Other			—	441	441		—
		Total commercial real estate		904	1,820	2,724		139
Residential real estate:
	Consumer mortgages			—	838	838		32
	Investment property			—	194	194		—
		Total residential real estate		—	1,032	1,032		32
Consumer installment				—	—	—		—
		Total	$	1,088	6,608	7,696	$	312

December 31, 2011
Commercial and industrial			$	216	—	216	$	—
Construction and land development				—	5,095	5,095		147
Commercial real estate:
	Owner occupied			925	1,172	2,097		420
	Other			—	1,806	1,806		264
		Total commercial real estate		925	2,978	3,903		684
Residential real estate:
	Consumer mortgages			—	—	—		—
	Investment property			—	383	383		163
		Total residential real estate		—	383	383		163
Consumer installment				—	—	—		—
		Total	$	1,141	8,456	9,597	$	994

			Quarter ended				Nine months ended
					Pre-	Post -			Pre-	Post -
					modification	modification			modification	modification
			Number		outstanding	outstanding	Number		outstanding	outstanding
			of		recorded	recorded	of		recorded	recorded
(Dollars in thousands)			contracts		investment	investment	contracts		investment	investment
September 30, 2012
Commercial and industrial			—	$	—	—	—	$	—	—
Construction and land development			1		2,138	2,119	3		4,981	3,873
Commercial real estate:
	Owner occupied		—		—	—	4		3,167	2,225
	Other		—		—	—	2		1,804	1,657
		Total commercial real estate	—		—	—	6		4,971	3,882
Residential real estate:
	Consumer mortgages		—		—	—	2		863	857
	Investment property		1		375	373	1		375	373
		Total residential real estate	1		375	373	3		1,238	1,230
Consumer installment			—		—	—	—		—	—
		Total	2	$	2,513	2,492	12	$	11,190	8,985
September 30, 2011
Commercial and industrial			1	$	283	283	2	$	791	523
Construction and land development			2		4,432	4,419	3		4,925	4,894
Commercial real estate:
	Owner occupied		1		256	256	4		2,202	1,915
	Other		—		—	—	1		1,229	1,229
		Total commercial real estate	1		256	256	5		3,431	3,144
Residential real estate:
	Consumer mortgages		—		—	—	—		—	—
	Investment property		1		391	391	1		391	391
		Total residential real estate	1		391	391	1		391	391
Consumer installment			—		—	—	—		—	—
		Total	5	$	5,362	5,349	11	$	9,538	8,952

			Quarter ended			Nine months ended
			Number of		Recorded	Number of		Recorded
(Dollars in thousands)			Contracts		investment⁽¹⁾	Contracts		investment⁽¹⁾
September 30, 2012
Construction and land development			—	$	—	1	$	2,386
		Total	—	$	—	1	$	2,386

September 30, 2011
Residential real estate:
	Consumer mortgages		—	$	—	1	$	204
		Total residential real estate	—		—	1		204
		Total	—	$	—	1	$	204

(1) Amount as of applicable month end during the respective period for which there was a payment default.