ALLOWANCE FOR LOAN LOSSES

3 Months Ended

Mar. 31, 2012

Receivables [Abstract]

Allowance for Credit Losses [Text Block]

NOTE 3   ALLOWANCE FOR LOAN LOSSES

The following table details the changes in the allowance for loan losses by portfolio segment (in thousands) for the three months ended March 31, 2012 and 2011.

	Commercial			Real Estate		Consumer			Total
For the Three Months Ended March 31, 2012
Beginning balance – January 1, 2012	$	2,849		$	278	$	652		$	3,779
Charge-offs		—			—		(42	)		(42	)
Recoveries		3			—		18			21
Net (charge-offs) recoveries		3			—		(24	)		(21	)
Provision		150			—		—			150
Ending Balance – March 31, 2012	$	3,002		$	278	$	628		$	3,908
For the Three Months Ended March 31, 2011
Beginning balance – January 1, 2011	$	2,307		$	182	$	709		$	3,198
Charge-offs		(107	)		—		(86	)		(193	)
Recoveries		6			—		36			42
Net (charge-offs) recoveries		(101	)		—		(50	)		(151	)
Provision		179			5		11			195
Ending Balance – March 31, 2011	$	2,385		$	187	$	670		$	3,242

The following table presents an analysis of the allowance for loan losses and recorded investment in loans (in thousands) by portfolio segment as of March 31, 2012 and December 31, 2011.

	Collectively evaluated				Individually evaluated				Total
	Allowance		Recorded		Allowance		Recorded		Allowance		Recorded
	for loan		investment		for loan		investment		for loan		investment
	losses		in loans		losses		in loans		losses		in loans
March 31, 2012
Commercial	$	2,461	$	166,298	$	541	$	9,437	$	3,002	$	175,735
Real estate		278		14,975		—		—		278		14,975
Consumer		628		40,122		—		—		628		40,122
Total	$	3,367	$	221,395	$	541	$	9,437	$	3,908	$	230,832
December 31, 2011
Commercial	$	2,398	$	170,002	$	451	$	7,400	$	2,849	$	177,402
Real estate		278		15,456		—		—		278		15,456
Consumer		652		42,015		—		—		652		42,015
Total	$	3,328	$	227,473	$	451	$	7,400	$	3,779	$	234,873