XML 89 R11.htm IDEA: XBRL DOCUMENT v2.4.1.9
ALLOWANCE FOR LOAN LOSSES
 12 Months Ended
Dec. 31, 2014
Receivables,Loans,Notes Receivable,And Others [Abstract]  
Allowance for Credit Losses [Text Block]
NOTE 3 ALLOWANCE FOR LOAN LOSSES
 
The following tables provide information on the activity in the allowance for loan losses by portfolio segment for the periods indicated:
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Total
 
 
 
(Amounts in thousands)
 
December 31, 2014
 
 
 
Beginning balance – January 1, 2014
 
$
3,517
 
$
235
 
$
591
 
$
4,343
 
Charge-offs
 
 
(430)
 
 
(32)
 
 
(140)
 
 
(602)
 
Recoveries
 
 
37
 
 
8
 
 
31
 
 
76
 
Net
 
 
(393)
 
 
(24)
 
 
(109)
 
 
(526)
 
Provision
 
 
216
 
 
66
 
 
27
 
 
309
 
Ending balance – December 31, 2014
 
$
3,340
 
$
277
 
$
509
 
$
4,126
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance – January 1, 2013
 
$
3,175
 
$
284
 
$
582
 
$
4,041
 
Charge-offs
 
 
(79)
 
 
(90)
 
 
(171)
 
 
(340)
 
Recoveries
 
 
52
 
 
8
 
 
51
 
 
111
 
Net
 
 
(27)
 
 
(82)
 
 
(120)
 
 
(229)
 
Provision
 
 
369
 
 
33
 
 
129
 
 
531
 
Ending Balance – December 31, 2013
 
$
3,517
 
$
235
 
$
591
 
$
4,343
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance – January 1, 2012
 
$
2,849
 
$
278
 
$
652
 
$
3,779
 
Charge-offs
 
 
(387)
 
 
(64)
 
 
(151)
 
 
(602)
 
Recoveries
 
 
12
 
 
0
 
 
54
 
 
66
 
Net
 
 
(375)
 
 
(64)
 
 
(97)
 
 
(536)
 
Provision
 
 
701
 
 
70
 
 
27
 
 
798
 
Ending Balance – December 31, 2012
 
$
3,175
 
$
284
 
$
582
 
$
4,041
 
 
The following table presents the allocation of the allowance for loan losses and the recorded investment in loans by portfolio segment at December 31, 2014, 2013 and 2012.
 
 
 
 
Collectively Evaluated
 
Individually Evaluated
 
Total
 
(Dollars in thousands)
 
Allowance
 
Recorded
 
Allowance
 
Recorded
 
Allowance
 
Recorded
 
 
 
for loan
 
investment
 
for loan
 
investment
 
for loan
 
investment
 
 
 
losses
 
in loans
 
losses
 
in loans
 
losses
 
in loans
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
$
3,038
 
$
219,680
 
$
302
 
$
5,828
 
$
3,340
 
$
225,508
 
Real estate
 
 
277
 
 
22,183
 
 
0
 
 
0
 
 
277
 
 
22,183
 
Consumer
 
 
509
 
 
31,460
 
 
0
 
 
0
 
 
509
 
 
31,460
 
Total
 
$
3,824
 
$
273,323
 
$
302
 
$
5,828
 
$
4,126
 
$
279,151
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
$
2,993
 
$
205,374
 
$
524
 
$
10,924
 
$
3,517
 
$
216,298
 
Real estate
 
 
235
 
 
18,806
 
 
0
 
 
0
 
 
235
 
 
18,806
 
Consumer
 
 
591
 
 
34,864
 
 
0
 
 
0
 
 
591
 
 
34,864
 
Total
 
$
3,819
 
$
259,044
 
$
524
 
$
10,924
 
$
4,343
 
$
269,968
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
$
2,618
 
$
181,490
 
$
557
 
$
12,056
 
$
3,175
 
$
193,546
 
Real estate
 
 
284
 
 
16,129
 
 
0
 
 
0
 
 
284
 
 
16,129
 
Consumer
 
 
582
 
 
37,669
 
 
0
 
 
0
 
 
582
 
 
37,669
 
Total
 
$
3,484
 
$
235,288
 
$
557
 
$
12,056
 
$
4,041
 
$
247,344