XML 61 R23.htm IDEA: XBRL DOCUMENT v2.4.1.9
LOANS (Tables)
 3 Months Ended
Mar. 31, 2015
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
The following table summarizes loans receivable, net, by category at March 31, 2015 and December 31, 2014:
 
 
 
March 31,
 
December 31,
 
(in thousands)
 
2015
 
2014
 
Residential real estate
 
$
125,488
 
$
122,832
 
Commercial real estate
 
 
226,800
 
 
233,473
 
Construction, land acquisition and development
 
 
21,790
 
 
18,835
 
Commercial and industrial
 
 
131,895
 
 
132,057
 
Consumer
 
 
122,967
 
 
122,092
 
State and political subdivisions
 
 
42,206
 
 
40,205
 
Total loans, gross
 
 
671,146
 
 
669,494
 
Unearned income
 
 
(87)
 
 
(98)
 
Net deferred loan costs
 
 
1,106
 
 
871
 
Allowance for loan and lease losses
 
 
(10,944)
 
 
(11,520)
 
Loans, net
 
$
661,221
 
$
658,747
 
Allowance for Credit Losses on Financing Receivables [Table Text Block]
The following table summarizes activity in the ALLL, by loan category, for the three months ended March 31, 2015 and 2014:
 
 
 
Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land
 
 
 
 
 
 
 
State and
 
 
 
 
 
 
 
 
 
Residential
 
Commercial
 
Acquisition and
 
Commercial
 
 
 
 
Political
 
 
 
 
 
 
 
(in thousands)
 
Real Estate
 
Real Estate
 
Development
 
and Industrial
 
Consumer
 
Subdivisions
 
Unallocated
 
Total
 
Three months ended March 31, 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1, 2015
 
$
1,772
 
$
4,663
 
$
665
 
$
2,104
 
$
1,673
 
$
598
 
$
45
 
$
11,520
 
Charge-offs
 
 
(68)
 
 
-
 
 
-
 
 
(70)
 
 
(139)
 
 
-
 
 
-
 
 
(277)
 
Recoveries
 
 
6
 
 
2
 
 
-
 
 
65
 
 
122
 
 
-
 
 
-
 
 
195
 
Provisions (credits)
 
 
(179)
 
 
(334)
 
 
99
 
 
(101)
 
 
42
 
 
(15)
 
 
(6)
 
 
(494)
 
Ending balance, March 31, 2015
 
$
1,531
 
$
4,331
 
$
764
 
$
1,998
 
$
1,698
 
$
583
 
$
39
 
$
10,944
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2014:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1, 2014
 
$
2,287
 
$
6,017
 
$
924
 
$
2,321
 
$
1,789
 
$
679
 
$
-
 
$
14,017
 
Charge-offs
 
 
(9)
 
 
-
 
 
-
 
 
(23)
 
 
(237)
 
 
-
 
 
-
 
 
(269)
 
Recoveries
 
 
8
 
 
6
 
 
240
 
 
63
 
 
94
 
 
-
 
 
-
 
 
411
 
Provisions (credits)
 
 
(172)
 
 
(493)
 
 
(289)
 
 
(549)
 
 
9
 
 
(76)
 
 
-
 
 
(1,570)
 
Ending balance, March 31, 2014
 
$
2,114
 
$
5,530
 
$
875
 
$
1,812
 
$
1,655
 
$
603
 
$
-
 
$
12,589
 
Schedule Of Allowance For Credit Losses On Financing Receivables By Loan Portfolio Segment [Table Text Block]
The following table represents the allocation of the ALLL and the related loan balance, by loan category, disaggregated based on the impairment methodology at March 31, 2015 and December 31, 2014:
 
 
 
Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land
 
 
 
 
 
 
 
State and
 
 
 
 
 
 
 
 
 
Residential
 
Commercial
 
Acquisition and
 
Commercial
 
 
 
 
Political
 
 
 
 
 
 
 
(in thousands)
 
Real Estate
 
Real Estate
 
Development
 
and Industrial
 
Consumer
 
Subdivisions
 
Unallocated
 
Total
 
March 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
6
 
$
315
 
$
95
 
$
-
 
$
1
 
$
-
 
$
-
 
$
417
 
Collectively evaluated for impairment
 
 
1,525
 
 
4,016
 
 
669
 
 
1,998
 
 
1,697
 
 
583
 
 
39
 
 
10,527
 
Total
 
$
1,531
 
$
4,331
 
$
764
 
$
1,998
 
$
1,698
 
$
583
 
$
39
 
$
10,944
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans receivable:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
2,735
 
$
6,518
 
$
347
 
$
31
 
$
358
 
$
-
 
$
-
 
$
9,989
 
Collectively evaluated for impairment
 
 
122,753
 
 
220,282
 
 
21,443
 
 
131,864
 
 
122,609
 
 
42,206
 
 
-
 
 
661,157
 
Total
 
$
125,488
 
$
226,800
 
$
21,790
 
$
131,895
 
$
122,967
 
$
42,206
 
$
-
 
$
671,146
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
51
 
$
331
 
$
1
 
$
-
 
$
1
 
$
-
 
$
-
 
$
384
 
Collectively evaluated for impairment
 
 
1,721
 
 
4,332
 
 
664
 
 
2,104
 
 
1,672
 
 
598
 
 
45
 
 
11,136
 
Total
 
$
1,772
 
$
4,663
 
$
665
 
$
2,104
 
$
1,673
 
$
598
 
$
45
 
$
11,520
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans receivable:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
2,487
 
$
6,660
 
$
256
 
$
32
 
$
361
 
$
-
 
$
-
 
$
9,796
 
Collectively evaluated for impairment
 
 
120,345
 
 
226,813
 
 
18,579
 
 
132,025
 
 
121,731
 
 
40,205
 
 
-
 
 
659,698
 
Total
 
$
122,832
 
$
233,473
 
$
18,835
 
$
132,057
 
$
122,092
 
$
40,205
 
$
-
 
$
669,494
 
Financing Receivable Credit Quality Indicators [Table Text Block]
The following table presents the recorded investment in loans receivable by loan category and credit quality indicator at March 31, 2015 and December 31, 2014:
 
 
 
Credit Quality Indicators
 
 
 
March 31, 2015
 
 
 
Commercial Loans
 
Other Loans
 
 
 
 
 
 
Special
 
 
 
 
 
 
 
 
 
 
Subtotal
 
Accruing
 
Non-accrual
 
Subtotal
 
Total
 
 
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Loss
 
Commercial
 
Loans
 
Loans
 
Other
 
Loans
 
Residential real estate
 
$
20,901
 
$
442
 
$
1,052
 
$
-
 
$
-
 
$
22,395
 
$
102,493
 
$
600
 
$
103,093
 
$
125,488
 
Commercial real estate
 
 
198,254
 
 
13,696
 
 
14,850
 
 
-
 
 
-
 
 
226,800
 
 
-
 
 
-
 
 
-
 
 
226,800
 
Construction, land acquisition and development
 
 
13,982
 
 
1,476
 
 
5,562
 
 
-
 
 
-
 
 
21,020
 
 
770
 
 
-
 
 
770
 
 
21,790
 
Commercial and industrial
 
 
122,514
 
 
2,265
 
 
2,046
 
 
-
 
 
-
 
 
126,825
 
 
5,036
 
 
34
 
 
5,070
 
 
131,895
 
Consumer
 
 
3,106
 
 
26
 
 
121
 
 
-
 
 
-
 
 
3,253
 
 
119,455
 
 
259
 
 
119,714
 
 
122,967
 
State and political subdivisions
 
 
40,603
 
 
1,041
 
 
562
 
 
-
 
 
-
 
 
42,206
 
 
-
 
 
-
 
 
-
 
 
42,206
 
Total
 
$
399,360
 
$
18,946
 
$
24,193
 
$
-
 
$
-
 
$
442,499
 
$
227,754
 
$
893
 
$
228,647
 
$
671,146
 
 
 
 
Credit Quality Indicators
 
 
 
December 31, 2014
 
 
 
Commercial Loans
 
Other Loans
 
 
 
 
 
 
Special
 
 
 
 
 
 
 
 
 
 
Subtotal
 
Accruing
 
Non-accrual
 
Subtotal
 
Total
 
 
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Loss
 
Commercial
 
Loans
 
Loans
 
Other
 
Loans
 
Residential real estate
 
$
19,892
 
$
451
 
$
1,077
 
$
-
 
$
-
 
$
21,420
 
$
100,576
 
$
836
 
$
101,412
 
$
122,832
 
Commercial real estate
 
 
204,252
 
 
13,217
 
 
16,004
 
 
-
 
 
-
 
 
233,473
 
 
-
 
 
-
 
 
-
 
 
233,473
 
Construction, land acquisition and development
 
 
10,910
 
 
1,423
 
 
5,566
 
 
-
 
 
-
 
 
17,899
 
 
936
 
 
-
 
 
936
 
 
18,835
 
Commercial and industrial
 
 
122,261
 
 
1,962
 
 
2,397
 
 
-
 
 
-
 
 
126,620
 
 
5,437
 
 
-
 
 
5,437
 
 
132,057
 
Consumer
 
 
3,414
 
 
-
 
 
125
 
 
-
 
 
-
 
 
3,539
 
 
118,377
 
 
176
 
 
118,553
 
 
122,092
 
State and political subdivisions
 
 
38,685
 
 
925
 
 
595
 
 
-
 
 
-
 
 
40,205
 
 
-
 
 
-
 
 
-
 
 
40,205
 
Total
 
$
399,414
 
$
17,978
 
$
25,764
 
$
-
 
$
-
 
$
443,156
 
$
225,326
 
$
1,012
 
$
226,338
 
$
669,494
 
Past Due Financing Receivables [Table Text Block]
The following tables present the detail, and delinquency status, of past due and non-accrual loans at March 31, 2015 and December 31, 2014:
 
Performing and Non-Performing Loan Delinquency Status
 
 
 
March 31, 2015
 
 
 
Delinquency Status
 
 
 
0-29 Days
 
30-59 Days
 
60-89 Days
 
>/= 90 Days
 
 
 
 
(in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Total
 
Performing (accruing) loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
124,297
 
$
353
 
$
81
 
$
-
 
$
124,731
 
Commercial real estate
 
 
222,736
 
 
52
 
 
-
 
 
-
 
 
222,788
 
Construction, land acquisition and development
 
 
21,420
 
 
370
 
 
-
 
 
-
 
 
21,790
 
Total real estate
 
 
368,453
 
 
775
 
 
81
 
 
-
 
 
369,309
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
131,475
 
 
242
 
 
22
 
 
-
 
 
131,739
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
 
 
121,654
 
 
969
 
 
85
 
 
-
 
 
122,708
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
State and political subdivisions
 
 
42,206
 
 
-
 
 
-
 
 
-
 
 
42,206
 
Total performing (accruing) loans
 
 
663,788
 
 
1,986
 
 
188
 
 
-
 
 
665,962
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-accrual loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
 
486
 
 
13
 
 
32
 
 
226
 
 
757
 
Commercial real estate
 
 
291
 
 
3,535
 
 
151
 
 
35
 
 
4,012
 
Construction, land aquisition and development
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total real estate
 
 
777
 
 
3,548
 
 
183
 
 
261
 
 
4,769
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
11
 
 
35
 
 
-
 
 
110
 
 
156
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
 
 
47
 
 
27
 
 
37
 
 
148
 
 
259
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
State and political subdivisions
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total non-accrual loans
 
 
835
 
 
3,610
 
 
220
 
 
519
 
 
5,184
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total loans receivable
 
$
664,623
 
$
5,596
 
$
408
 
$
519
 
$
671,146
 
 
Performing and Non-Performing Loan Delinquency Status
 
 
 
December 31, 2014
 
 
 
Delinquency Status
 
 
 
0-29 Days
 
30-59 Days
 
60-89 Days
 
>/= 90 Days
 
 
 
 
(in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Total
 
Performing (accruing) loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
121,407
 
$
420
 
$
-
 
$
-
 
$
121,827
 
Commercial real estate
 
 
229,207
 
 
136
 
 
-
 
 
-
 
 
229,343
 
Construction, land acquisition and development
 
 
18,740
 
 
-
 
 
95
 
 
-
 
 
18,835
 
Total real estate
 
 
369,354
 
 
556
 
 
95
 
 
-
 
 
370,005
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
131,621
 
 
90
 
 
135
 
 
-
 
 
131,846
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
 
 
120,204
 
 
1,334
 
 
378
 
 
-
 
 
121,916
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
State and political subdivisions
 
 
40,205
 
 
-
 
 
-
 
 
-
 
 
40,205
 
Total peforming (accruing) loans
 
 
661,384
 
 
1,980
 
 
608
 
 
-
 
 
663,972
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-accrual loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
 
495
 
 
99
 
 
17
 
 
394
 
 
1,005
 
Commercial real estate
 
 
288
 
 
3,628
 
 
19
 
 
195
 
 
4,130
 
Construction, land acquisition and development
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total real estate
 
 
783
 
 
3,727
 
 
36
 
 
589
 
 
5,135
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
55
 
 
-
 
 
52
 
 
104
 
 
211
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
 
 
42
 
 
-
 
 
58
 
 
76
 
 
176
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
State and political subdivisions
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total non-accrual loans
 
 
880
 
 
3,727
 
 
146
 
 
769
 
 
5,522
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total loans receivable
 
$
662,264
 
$
5,707
 
$
754
 
$
769
 
$
669,494
 
Impaired Financing Receivables [Table Text Block]
The following tables present a distribution of the recorded investment, unpaid principal balance and the related allowance for the Company’s impaired loans, which have been analyzed for impairment under ASC 310, at March 31, 2015 and December 31, 2014. Non-accrual loans, other than TDRs, with aggregate loan relationship balances less than the $100 thousand loan relationship threshold are not evaluated individually for impairment and are accordingly not included in the following tables. However, these loans are evaluated collectively for impairment as homogenous pools in the general allowance under ASC Topic 450. Total non-accrual loans, other than TDRs, with balances less than the $100 thousand loan relationship threshold, that were evaluated under ASC Topic 450 amounted to $1.0 million at March 31, 2015 and December 31, 2014.
 
 
 
March 31, 2015
 
 
 
 
 
 
Unpaid
 
 
 
 
 
 
Recorded
 
Principal
 
Related
 
(in thousands)
 
Investment
 
Balance
 
Allowance
 
With no allowance recorded:
 
 
 
 
 
 
 
 
 
 
Real estate:
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
1,177
 
$
1,234
 
$
-
 
Commercial real estate
 
 
4,474
 
 
5,166
 
 
-
 
Construction, land acquisition and development
 
 
68
 
 
68
 
 
-
 
Total real estate loans
 
 
5,719
 
 
6,468
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
31
 
 
58
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
State and political subdivisions
 
 
-
 
 
-
 
 
-
 
Total impaired loans with no related allowance recorded
 
 
5,750
 
 
6,526
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
With a related allowance recorded:
 
 
 
 
 
 
 
 
 
 
Real estate:
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
 
1,558
 
 
1,558
 
 
6
 
Commercial real estate
 
 
2,044
 
 
2,044
 
 
315
 
Construction, land acquisition and development
 
 
279
 
 
279
 
 
95
 
Total real estate loans
 
 
3,881
 
 
3,881
 
 
416
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
 
 
358
 
 
358
 
 
1
 
 
 
 
 
 
 
 
 
 
 
 
State and political subdivisions
 
 
-
 
 
-
 
 
-
 
Total impaired loans with a related allowance recorded
 
 
4,239
 
 
4,239
 
 
417
 
 
 
 
 
 
 
 
 
 
 
 
Total impaired loans:
 
 
 
 
 
 
 
 
 
 
Real estate:
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
 
2,735
 
 
2,792
 
 
6
 
Commercial real estate
 
 
6,518
 
 
7,210
 
 
315
 
Construction, land acquisition and development
 
 
347
 
 
347
 
 
95
 
Total real estate loans
 
 
9,600
 
 
10,349
 
 
416
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
31
 
 
58
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
 
 
358
 
 
358
 
 
1
 
 
 
 
 
 
 
 
 
 
 
 
State and political subdivisions
 
 
-
 
 
-
 
 
-
 
Total impaired loans
 
$
9,989
 
$
10,765
 
$
417
 
 
 
 
December 31, 2014
 
 
 
 
 
 
Unpaid
 
 
 
 
 
 
Recorded
 
Principal
 
Related
 
(in thousands)
 
Investment
 
Balance
 
Allowance
 
With no allowance recorded:
 
 
 
 
 
 
 
 
 
 
Real estate:
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
385
 
$
410
 
$
-
 
Commercial real estate
 
 
4,401
 
 
5,024
 
 
-
 
Construction, land acquisition and development
 
 
68
 
 
68
 
 
-
 
Total real estate loans
 
 
4,854
 
 
5,502
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
32
 
 
59
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
State and political subdivisions
 
 
-
 
 
-
 
 
-
 
Total impaired loans with no related allowance recorded
 
 
4,886
 
 
5,561
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
With a related allowance recorded:
 
 
 
 
 
 
 
 
 
 
Real estate:
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
 
2,102
 
 
2,137
 
 
51
 
Commercial real estate
 
 
2,259
 
 
2,259
 
 
331
 
Construction, land acquisition and development
 
 
188
 
 
188
 
 
1
 
Total real estate loans
 
 
4,549
 
 
4,584
 
 
383
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
 
 
361
 
 
361
 
 
1
 
 
 
 
 
 
 
 
 
 
 
 
State and political subdivisions
 
 
-
 
 
-
 
 
-
 
Total impaired loans with a related allowance recorded
 
 
4,910
 
 
4,945
 
 
384
 
 
 
 
 
 
 
 
 
 
 
 
Total impaired loans:
 
 
 
 
 
 
 
 
 
 
Real estate:
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
 
2,487
 
 
2,547
 
 
51
 
Commercial real estate
 
 
6,660
 
 
7,283
 
 
331
 
Construction, land acquisition and development
 
 
256
 
 
256
 
 
1
 
Total real estate loans
 
 
9,403
 
 
10,086
 
 
383
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
32
 
 
59
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
 
 
361
 
 
361
 
 
1
 
 
 
 
 
 
 
 
 
 
 
 
State and political subdivisions
 
 
-
 
 
-
 
 
-
 
Total impaired loans
 
$
9,796
 
$
10,506
 
$
384
 
Schedule of average balance and interest income recognized on impaired loans [Table Text Block]
The following table presents the average balance and interest income by loan category recognized on impaired loans for the three months ended March 31, 2015 and 2014:
 
 
 
Three Months Ended March 31,
 
 
 
2015
 
2014
 
(in thousands)
 
Average
Balance
 
Interest
Income (1)
 
Average
Balance
 
Interest
Income (1)
 
Residential real estate
 
$
2,897
 
$
33
 
$
1,790
 
$
14
 
Commercial real estate
 
 
6,567
 
 
30
 
 
6,628
 
 
31
 
Construction, land acquisition and development
 
 
349
 
 
4
 
 
304
 
 
4
 
Total real estate
 
 
9,813
 
 
67
 
 
8,722
 
 
49
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
31
 
 
-
 
 
129
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
 
 
359
 
 
3
 
 
457
 
 
4
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
State and political subdivisions
 
 
-
 
 
 
 
 
-
 
 
-
 
Total impaired loans
 
$
10,203
 
$
70
 
$
9,308
 
$
53
 
 
 
(1) Interest income represents income recognized on performing TDRs.
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
The following tables show the pre- and post- modification recorded investment in loans modified as TDRs by loan category during the three months ended March 31, 2015 and 2014:
 
 
 
Three Months Ended March 31,
 
 
 
2015
 
2014
 
 
 
 
 
Pre-Modification
 
Post-Modification
 
 
 
Pre-Modification
 
Post-Modification
 
 
 
 
 
Outstanding
 
Outstanding
 
 
 
Outstanding
 
Outstanding
 
 
 
Number of
 
Recorded
 
Recorded
 
Number of
 
Recorded
 
Recorded
 
(dollars in thousands)
 
Contracts
 
Investments
 
Investments
 
Contracts
 
Investments
 
Investments
 
Troubled debt restructuring:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
2
 
$
656
 
$
656
 
2
 
$
183
 
$
240
 
Commercial real estate
 
-
 
 
-
 
 
-
 
4
 
 
238
 
 
238
 
Construction, land acquisition and development
 
1
 
 
96
 
 
96
 
-
 
 
-
 
 
-
 
Commercial and industrial
 
-
 
 
-
 
 
-
 
-
 
 
-
 
 
-
 
Consumer
 
-
 
 
-
 
 
-
 
1
 
 
135
 
 
135
 
States and political subdivisions
 
-
 
 
-
 
 
-
 
-
 
 
-
 
 
-
 
Total new troubled debt restructurings
 
3
 
$
752
 
$
752
 
7
 
$
556
 
$
613
 
Schedule of Types of Modifications of Troubled Debt Restructurings on Financing Receivables [Table Text Block]
The following tables present the types of modifications made during the three months ended March 31, 2015 and 2014:
 
 
 
Three months ended March 31, 2015
 
 
 
 
 
 
 
 
 
Construction,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
Commercial
 
Land Acquisition
 
Commercial
 
 
 
 
States and Political
 
 
 
 
(in thousands)
 
Real Estate
 
Real Estate
 
and Development
 
and Industrial
 
Consumer
 
Subdivisions
 
Total
 
Types of modification:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Extension of term
 
$
656
 
$
-
 
$
96
 
$
-
 
$
-
 
$
-
 
$
752
 
Total modifications
 
$
656
 
$
-
 
$
96
 
$
-
 
$
-
 
$
-
 
$
752
 
 
 
 
Three months ended March 31, 2014
 
 
 
 
 
 
 
 
 
Construction,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
Commercial
 
Land Acquisition
 
Commercial
 
 
 
 
States and Political
 
 
 
 
(in thousands)
 
Real Estate
 
Real Estate
 
and Development
 
and Industrial
 
Consumer
 
Subdivisions
 
Total
 
Type of modification:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Extension of term
 
$
-
 
$
238
 
$
-
 
$
-
 
$
135
 
$
-
 
$
373
 
Extension of term and capitalization of taxes
 
 
240
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
240
 
Total modifications
 
$
240
 
$
238
 
$
-
 
$
-
 
$
135
 
$
-
 
$
613