Loans and Leases (Tables)

12 Months Ended

Dec. 31, 2012

Loans and Leases [Abstract]

Summary of Major Loan and Lease Categories

	At December 31,
(Dollars in thousands)	2012			2011
Commercial, financial and agricultural	$	468,421		$	477,662
Real estate-commercial		530,122			514,953
Real estate-construction		91,250			90,397
Real estate-residential secured for business purpose		35,179			32,481
Real estate-residential secured for personal purpose		146,526			132,245
Real estate-home equity secured for personal purpose		82,727			80,478
Loans to individuals		43,780			44,965
Lease financings		83,857			73,225
Total loans and leases held for investment, net of deferred income	$	1,481,862		$	1,446,406
Unearned lease income, included in the above table	$	(12,355	)	$	(9,965	)
Net deferred costs (fees), included in the above table	$	1,432		$	876
Overdraft deposits included in the above table	$	128		$	123

Schedule of minimum lease payments receivable

	At December 31
(Dollars in thousands)	2012			2011
Within 1 year	$	37,750		$	37,552
After 1 year through 2 years		25,917			22,670
After 2 years through 3 years		17,321			13,688
After 3 years through 4 years		10,728			6,769
After 4 years through 5 years		4,356			2,461
Thereafter		140			50
Total future minimum lease payments receivable		96,212			83,190
Less: Unearned income		(12,355	)		(9,965	)
Total lease financing receivables, net of unearned income	$	83,857		$	73,225

Age Analysis of Past Due Loans and Leases

(Dollars in thousands)	30-59 Days Past Due*		60-89 Days Past Due*		Greater Than 90 Days Past Due*		Total Past Due*		Current*		Total Loans and Leases Held for Investment		Recorded Investment Greater than 90 Days Past Due and Accruing Interest*
At December 31, 2012
Commercial, financial and agricultural	$	416	$	95	$	—	$	511	$	464,588	$	468,421	$	—
Real estate-commercial real estate and construction:
Commercial real estate		1,173		—		—		1,173		504,086		530,122		—
Construction		306		—		—		306		74,959		91,250		—
Real estate-residential and home equity:
Residential secured for business purpose		1,663		—		—		1,663		33,344		35,179		—
Residential secured for personal purpose		1,617		152		—		1,769		143,953		146,526		—
Home equity secured for personal purpose		276		64		54		394		82,333		82,727		54
Loans to individuals		551		115		347		1,013		42,729		43,780		347
Lease financings		1,001		273		40		1,314		82,138		83,857		40
Total	$	7,003	$	699	$	441	$	8,143	$	1,428,130	$	1,481,862	$	441
At December 31, 2011
Commercial, financial and agricultural	$	3,741	$	33	$	—	$	3,774	$	469,197	$	477,662	$	—
Real estate-commercial real estate and construction:
Commercial real estate		2,212		723		—		2,935		491,498		514,953		—
Construction		—		—		—		—		74,656		90,397		—
Real estate-residential and home equity:
Residential secured for business purpose		340		—		—		340		32,026		32,481		—
Residential secured for personal purpose		1,783		—		—		1,783		130,405		132,245		—
Home equity secured for personal purpose		298		68		117		483		79,968		80,478		117
Loans to individuals		386		236		204		826		44,089		44,965		204
Lease financings		1,203		544		44		1,791		70,535		73,225		44
Total	$	9,963	$	1,604	$	365	$	11,932	$	1,392,374	$	1,446,406	$	365

* Excludes impaired loans and leases.

Nonaccrual and Troubled Debt Restructured Loans and Lease Modifications

	At December 31,
	2012						2011
(Dollars in thousands)	Nonaccrual Loans and Leases*		Accruing Troubled Debt Restructured Loans and Lease Modifications		Total Impaired Loans  and Leases*		Nonaccrual Loans and Leases*		Accruing Troubled Debt Restructured Loans and Lease Modifications		Total Impaired Loans and Leases*
Commercial, financial and agricultural	$	2,842	$	480	$	3,322	$	4,614	$	77	$	4,691
Real estate-commercial real estate and construction:
Commercial real estate		14,340		10,523		24,863		18,085		2,435		20,520
Construction		13,588		2,397		15,985		14,479		1,262		15,741
Real estate-residential and home equity:
Residential secured for business purpose		172		—		172		107		8		115
Residential secured for personal purpose		804		—		804		57		—		57
Home equity secured for personal purpose		—		—		—		27		—		27
Loans to individuals		—		38		38		—		50		50
Lease financings		386		19		405		838		61		899
Total	$	32,132	$	13,457	$	45,589	$	38,207	$	3,893	$	42,100

* Includes non-accrual troubled debt restructured loans and lease modifications of $579 thousand and $8.6 million at December 31, 2012 and December 31, 2011, respectively.

Credit Quality Indicators

	Commercial, Financial and Agricultural				Real Estate–Commercial				Real Estate–Construction				Real Estate–Residential Secured for Business Purpose
	At December 31,				At December 31,				At December 31,				At December 31,
(Dollars in thousands)	2012		2011		2012		2011		2012		2011		2012		2011
Grade:
1. Cash secured / 2. Fully secured	$	2,263	$	2,426	$	—	$	—	$	—	$	—	$	—	$	—
3. Strong		5,227		4,441		9,591		9,365		3,907		1,124		—		—
4. Satisfactory		40,747		32,730		25,837		28,517		1,783		89		335		1,309
5. Acceptable		260,042		289,835		321,194		296,499		26,331		35,207		22,764		18,990
6. Pre-watch		106,436		79,402		110,476		100,581		42,190		33,993		8,458		8,853
7. Special Mention		31,825		26,162		16,187		29,055		548		1,715		288		663
8. Substandard		21,881		40,634		45,844		49,943		16,491		18,269		3,334		2,666
9. Doubtful		—		2,032		993		993		—		—		—		—
10. Loss		—		—		—		—		—		—		—		—
Total	$	468,421	$	477,662	$	530,122	$	514,953	$	91,250	$	90,397	$	35,179	$	32,481

	Real Estate–Residential Secured for Personal Purpose				Real Estate–Home Equity Secured for Personal Purpose				Loans to individuals				Lease Financing
	At December 31,				At December 31,				At December 31,				At December 31,
(Dollars in thousands)	2012		2011		2012		2011		2012		2011		2012		2011
Performing	$	145,722	$	132,188	$	82,673	$	80,334	$	43,395	$	44,711	$	83,412	$	72,282
Nonperforming		804		57		54		144		385		254		445		943
Total	$	146,526	$	132,245	$	82,727	$	80,478	$	43,780	$	44,965	$	83,857	$	73,225

Reserve for Loan and Lease Losses and Recorded Investment in Loans and Leases

(Dollars in thousands)	Commercial, Financial and Agricultural			Real Estate– Commercial and Construction			Real  Estate– Residential Secured for Business Purpose			Real  Estate– Residential and Home Equity Secured for Personal Purpose			Loans to Individuals			Lease Financings			Unallocated		Total
For the Year Ended December 31, 2012
Reserve for loan and lease losses:
Beginning balance	$	11,262		$	13,317		$	823		$	735		$	730		$	1,344		$	1,659	$	29,870
Charge-offs*		(9,974	)		(4,803	)		—			(156	)		(578	)		(1,224	)		N/A		(16,735	)
Recoveries		484			334			60			7			130			561			N/A		1,576
Provision (recovery of provision)		9,822			(1,341	)		(244	)		394			397			645			362		10,035
Ending balance	$	11,594		$	7,507		$	639		$	980		$	679		$	1,326		$	2,021	$	24,746
For the Year Ended December 31, 2011
Reserve for loan and lease losses:
Beginning balance	$	9,630		$	15,288		$	1,333		$	544		$	734		$	1,950		$	1,419	$	30,898
Charge-offs		(6,784	)		(10,033	)		(323	)		(79	)		(968	)		(1,516	)		N/A		(19,703	)
Recoveries		318			151			43			19			174			491			N/A		1,196
Provision (recovery of provision)		8,098			7,911			(230	)		251			790			419			240		17,479
Ending balance	$	11,262		$	13,317		$	823		$	735		$	730		$	1,344		$	1,659	$	29,870

* Includes charge-offs of $1.3 million on commercial real estate loans which were subsequently transferred to loans held for sale in September 2012 and sold during the fourth quarter of 2012.

(Dollars in thousands)	Commercial, Financial and Agricultural		Real Estate– Commercial and Construction		Real  Estate– Residential Secured for Business Purpose		Real  Estate– Residential and Home Equity Secured for Personal Purpose		Loans to Individuals		Lease Financings		Unallocated		Total
At December 31, 2012
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	$	208	$	—	$	—	$	—	$	—	$	—	$	N/A	$	208
Ending balance: collectively evaluated for impairment		11,386		7,507		639		980		679		1,326		2,021		24,538
Ending balance	$	11,594	$	7,507	$	639	$	980	$	679	$	1,326	$	2,021	$	24,746
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	$	3,322	$	40,848	$	172	$	804	$	38	$	—			$	45,184
Ending balance: collectively evaluated for impairment		465,099		580,524		35,007		228,449		43,742		83,857				1,436,678
Ending balance	$	468,421	$	621,372	$	35,179	$	229,253	$	43,780	$	83,857			$	1,481,862

(Dollars in thousands)	Commercial, Financial and Agricultural		Real Estate– Commercial and Construction		Real  Estate– Residential Secured for Business Purpose		Real  Estate– Residential and Home Equity Secured for Personal Purpose		Loans to Individuals		Lease Financings		Unallocated		Total
At December 31, 2011
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	$	510	$	743	$	—	$	—	$	—	$	—	$	N/A	$	1,253
Ending balance: collectively evaluated for impairment		10,752		12,574		823		735		730		1,344		1,659		28,617
Ending balance	$	11,262	$	13,317	$	823	$	735	$	730	$	1,344	$	1,659	$	29,870
Loans and leases held for investment :
Ending balance: individually evaluated for impairment	$	4,691	$	36,261	$	115	$	84	$	50	$	—			$	41,201
Ending balance: collectively evaluated for impairment		472,971		569,089		32,366		212,639		44,915		73,225				1,405,205
Ending balance	$	477,662	$	605,350	$	32,481	$	212,723	$	44,965	$	73,225			$	1,446,406

(Dollars in thousands)	For the Years Ended December 31,
	2012			2011			2010
Balance at beginning of year	$	29,870		$	30,898		$	24,798
Provision for loan and lease losses		10,035			17,479			21,565
Loans and leases charged off		(16,735	)		(19,703	)		(17,105	)
Recoveries		1,576			1,196			1,640
Balance at end of year	$	24,746		$	29,870		$	30,898

Impaired Loans

	At December 31,
	2012						2011
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Recorded Investment		Unpaid Principal Balance		Related Allowance
Impaired loans with no related allowance recorded:
Commercial, financial and agricultural	$	2,646	$	4,504			$	3,384	$	4,422
Real estate–commercial real estate		24,863		30,991				19,453		27,146
Real estate–construction		15,985		17,959				15,741		17,268
Real estate–residential secured for business purpose		172		184				115		631
Real estate–residential secured for personal purpose		804		804				57		57
Real estate–home equity secured for personal purpose		—		—				27		27
Loans to individuals		38		55				50		58
Total impaired loans with no related allowance recorded:	$	44,508	$	54,497			$	38,827	$	49,609
Impaired loans with an allowance recorded:
Commercial, financial and agricultural	$	676	$	717	$	208	$	1,307	$	1,700	$	510
Real estate–commercial real estate		—		—		—		1,067		1,067		743
Total impaired loans with an allowance recorded	$	676	$	717	$	208	$	2,374	$	2,767	$	1,253
Total impaired loans:
Commercial, financial and agricultural	$	3,322	$	5,221	$	208	$	4,691	$	6,122	$	510
Real estate–commercial real estate		24,863		30,991		—		20,520		28,213		743
Real estate–construction		15,985		17,959		—		15,741		17,268		—
Real estate–residential secured for business purpose		172		184		—		115		631		—
Real estate–residential secured for personal purpose		804		804		—		57		57		—
Real estate–home equity secured for personal purpose		—		—		—		27		27		—
Loans to individuals		38		55		—		50		58		—
Total impaired loans:	$	45,184	$	55,214	$	208	$	41,201	$	52,376	$	1,253

	For the Years Ended December 31,
	2012						2011						2010
(Dollars in thousands)	Average Recorded Investment		Interest Income Recognized*		Interest Income That Would Have Been Recognized Under Original Terms		Average Recorded Investment		Interest Income Recognized*		Interest Income That Would Have Been Recognized Under Original Terms		Average Recorded Investment		Interest Income Recognized*		Interest Income That Would Have Been Recognized Under Original Terms
Loans held for sale	$	592	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Loans held for investment:
Commercial, financial and agricultural		5,189		82		288		6,357		30		377		3,790		13		234
Real estate—commercial real estate		20,756		348		1,086		18,850		130		1,300		8,280		63		744
Real estate—construction		16,207		117		763		16,720		64		886		20,228		—		1,062
Real estate—residential secured for business purpose		156		—		7		306		6		14		928		29		63
Real estate—residential secured for personal purpose		293		—		17		491		25		25		1,201		13		62
Real estate—home equity secured for personal purpose		2		—		—		25		1		1		231		—		9
Loans to individuals		47		5		—		57		5		1		62		4		—
Total	$	43,242	$	552	$	2,161	$	42,806	$	261	$	2,604	$	34,720	$	122	$	2,174

* Includes interest income recognized on accruing troubled debt restructured loans of $485 thousand, $196 thousand and $97 thousand for the years ended December 31, 2012, 2011 and 2010, respectively.

Troubled Debt Restructured Loans

	For the Years Ended December 31,
	2012								2011
(Dollars in thousands)	Number of Loans		Pre-Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Allowance		Number of Loans		Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Allowance
Accruing Troubled Debt Restructured Loans:
Commercial, financial and agricultural		13	$	3,635	$	3,635	$	—		2	$	80	$	80	$	—
Real estate—commercial real estate		5		2,630		2,630		—		5		2,438		2,435		—
Real estate—construction		3		1,550		1,550		—		5		2,182		2,182		—
Real estate—residential secured for business purpose		—		—		—		—		1		98		98		—
Real estate—residential secured for personal purpose		—		—		—		—		1		156		156		—
Real estate—home equity secured for personal purpose		—		—		—		—		1		31		31		—
Total		21	$	7,815	$	7,815	$	—		15	$	4,985	$	4,982	$	—
Nonaccrual Troubled Debt Restructured Loans:
Commercial, financial and agricultural		2	$	448	$	448	$	—		—	$	—	$	—	$	—
Real estate—commercial real estate		1		124		124		—		3		11,368		11,368		—
Real estate—residential secured for personal purpose		1		485		485		—		1		61		61		—
Total		4	$	1,057	$	1,057	$	—		4	$	11,429	$	11,429	$	—

Concessions granted on accruing and non-accrual loans restructured

	For the Year Ended December 31, 2012
	Maturity Date Extension and Interest Rate Reduction				Interest Only Terms Extension				Interest Rate Reduction				Temporary Payment Reduction				Maturity  Date Extension				Temporary Payment Suspension				Total Concessions Granted
(Dollars in thousands)	No. of Loans		Amount		No. of Loans		Amount		No. of Loans		Amount		No. of Loans		Amount		No. of Loans		Amount		No. of Loans		Amount		No. of Loans		Amount
Accruing Troubled Debt Restructured Loans:
Commercial, financial and agricultural *		—	$	—		4	$	1,316		—	$	—		6	$	452		3	$	1,867		—	$	—		13	$	3,635
Real estate—commercial real estate		—		—		3		2,267		—		—		1		188		1		175		—		—		5		2,630
Real estate—construction		—		—		3		1,550		—		—		—		—		—		—		—		—		3		1,550
Total		—	$	—		10	$	5,133		—	$	—		7	$	640		4	$	2,042		—	$	—		21	$	7,815
Nonaccrual Troubled Debt Restructured Loans:
Commercial, financial and agricultural **		—	$	—		—	$	—		—	$	—		—	$	—		—	$	—		2	$	448		2	$	448
Real estate—commercial real estate **		—		—		—		—		—		—		—		—		—		—		1		124		1		124
Real estate—residential secured for personal purpose		—		—		—		—		—		—		1		485		—		—		—		—		1		485
Total		—	$	—		—	$	—		—	$	—		1	$	485		—	$	—		3	$	572		4	$	1,057

* During the third quarter of 2012, five troubled debt restructured loans totaling $3.0 million were paid off.

** During the fourth quarter of 2012, three nonaccrual troubled debt restructured loans totaling $572 thousand were sold.

	For the Year Ended December 31, 2011
	Maturity Date Extension and Interest Rate Reduction				Interest Only Terms Extension				Interest  Rate Reduction				Temporary Payment Reduction				Maturity  Date Extension				Temporary Payment Suspension				Total Concessions Granted
(Dollars in thousands)	No. of Loans		Amount		No. of Loans		Amount		No. of Loans		Amount		No. of Loans		Amount		No. of Loans		Amount		No. of Loans		Amount		No. of Loans		Amount
Accruing Troubled Debt Restructured Loans:
Commercial, financial and agricultural		2	$	80		—	$	—		—	$	—		—	$	—		—	$	—		—	$	—		2	$	80
Real estate—commercial real estate		1		1,242		4		1,193		—		—		—		—		—		—		—		—		5		2,435
Real estate—construction		—		—		5		2,182		—		—		—		—		—		—		—		—		5		2,182
Real estate—residential secured for business purpose		—		—		—		—		1		98		—		—		—		—		—		—		1		98
Real estate—residential secured for personal purpose		—		—		—		—		—		—		1		156		—		—		—		—		1		156
Real estate—home equity secured for personal purpose		—		—		—		—		—		—		1		31		—		—		—		—		1		31
Total		3	$	1,322		9	$	3,375		1	$	98		2	$	187		—	$	—		—	$	—		15	$	4,982
Nonaccrual Troubled Debt Restructured Loans:
Real estate—commercial real estate		—	$	—		1	$	1,936		1	$	6,667		1	$	2,765		—	$	—		—	$	—		3	$	11,368
Real estate—residential secured for personal purpose		—		—		—		—		—		—		1		61		—		—		—		—		1		61
Total		—	$	—		1	$	1,936		1	$	6,667		2	$	2,826		—	$	—		—	$	—		4	$	11,429

Accruing and nonaccrual troubled debt restructured loans with payment default

	For the Years Ended December 31,
	2012				2011
(Dollars in thousands)	Number of Loans		Recorded Investment		Number of Loans		Recorded Investment
Accruing Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose		—	$	—		1	$	158
Real estate—home equity secured for personal purpose		—		—		1		31
Total		—	$	—		2	$	189
Nonaccrual Troubled Debt Restructured Loans:
Real estate—commercial real estate		—	$	—		1	$	2,761
Total		—	$	—		1	$	2,761