XML 31 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
Credit Quality of Loans and Allowance for Loan Losses (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Activity in the allowance for loan losses by portfolio segment      
Beginning balance $ 3,328 $ 3,854  
Provision (credit) charged to expense (141) 787  
Losses Charged Off (212) (70)  
Recoveries 2 3  
Total allowance for loan losses 2,977 4,574  
Individually evaluated for impairment 1,269 1,422  
Collectively evaluated for impairment 1,708 1,906  
Individually evaluated for impairment 12,410 12,900  
Collectively evaluated for impairment 240,438 241,493  
Loans Receivable, gross 252,848 254,393 254,393
One-to-four family residential
     
Activity in the allowance for loan losses by portfolio segment      
Beginning balance 1,122 1,128  
Provision (credit) charged to expense (61) 185  
Losses Charged Off (34) (65)  
Recoveries    3  
Total allowance for loan losses 1,027 1,251  
Individually evaluated for impairment 232 248  
Collectively evaluated for impairment 795 874  
Individually evaluated for impairment 7,009 6,878  
Collectively evaluated for impairment 154,697 154,032  
Loans Receivable, gross 161,706 [1] 160,910 160,910 [1]
All other mortgage loans
     
Activity in the allowance for loan losses by portfolio segment      
Beginning balance 1,925 2,547  
Provision (credit) charged to expense (18) 598  
Losses Charged Off (176) (5)  
Recoveries        
Total allowance for loan losses 1,731 3,140  
Individually evaluated for impairment 950 1,074  
Collectively evaluated for impairment 781 851  
Individually evaluated for impairment 5,230 5,837  
Collectively evaluated for impairment 73,796 71,884  
Loans Receivable, gross 79,026 [1] 77,721 77,721 [1]
Commercial business loans
     
Activity in the allowance for loan losses by portfolio segment      
Beginning balance 275 169  
Provision (credit) charged to expense (63) 5  
Losses Charged Off        
Recoveries 1     
Total allowance for loan losses 213 174  
Individually evaluated for impairment 87 100  
Collectively evaluated for impairment 126 175  
Individually evaluated for impairment 171 185  
Collectively evaluated for impairment 10,536 14,060  
Loans Receivable, gross 10,707 [1] 14,245 14,245 [1]
Consumer loans
     
Activity in the allowance for loan losses by portfolio segment      
Beginning balance 6 10  
Provision (credit) charged to expense 1 (1)  
Losses Charged Off (2)     
Recoveries 1     
Total allowance for loan losses 6 9  
Individually evaluated for impairment        
Collectively evaluated for impairment 6 6  
Individually evaluated for impairment        
Collectively evaluated for impairment 1,409 1,517  
Loans Receivable, gross $ 1,409 [1] $ 1,517 $ 1,517 [1]
[1] * Ratings are generally assigned to consumer and residential mortgage loans on a "pass" or "fail" basis, where "fail" results in a substandard classification. Commercial loans, both secured by real estate or other assets or unsecured, are analyzed in accordance with an analytical matrix codified in the Bank's loan policy that produces a risk rating as described below. Risk 1 is unquestioned credit quality for any credit product. Loans are secured by cash and near cash collateral with immediate access to proceeds. Risk 2 is very low risk with strong credit and repayment sources. Borrower is well capitalized in a stable industry, financial ratios exceed peers and financial trends are positive. Risk 3 is very favorable risk with highly adequate credit strength and repayment sources. Borrower has good overall financial condition and adequate capitalization. Risk 4 is acceptable, average risk with adequate credit strength and repayment sources. Collateral positions must be within Bank policies. Risk 5 or "Special Mention," also known as "watch," has potential weakness that deserves Management's close attention. This risk includes loans where the borrower has developed financial uncertainties or the borrower is resolving the financial uncertainties. Bank credits have been secured or negotiations will be ongoing to secure further collateral. Risk 6 or "Substandard" loans are inadequately protected by the current net worth and paying capacity of the borrower or of the collateral pledged. This risk category contains loans that exhibit a weakening of the borrower's credit strength with limited credit access and all non-performing loans. Risk 7 or "Doubtful" loans are significantly under protected by the current net worth and paying capacity of the borrower or of the collateral pledged. This risk category contains loans that are likely to experience a loss of some magnitude, but where the amount of the expected loss is not known with enough certainty to allow for an accurate calculation of a loss amount for charge-off. This category is considered to be temporary until a charge-off amount can be reasonably determined.