LOANS (Tables)

6 Months Ended

Jun. 30, 2015

Receivables [Abstract]

Composition of loans receivable and loans held-for-sale

	June 302015									December 31, 2014
(In thousands)	Business Activities  Loans			Acquired Loans			Total			Business Activities  Loans			Acquired Loans			Total
Residential 1-4 family	$	258,182		$	9,426		$	267,608		$	252,258		$	9,223		$	261,481
Residential 5+ multifamily		5,753			6,320			12,073			5,556			8,735			14,291
Construction of residential 1-4 family		4,534			—			4,534			2,004			—			2,004
Home equity credit		34,033			—			34,033			34,627			—			34,627
Residential real estate		302,502			15,746			318,248			294,445			17,958			312,403
Commercial		103,473			91,821			195,294			98,498			97,899			196,397
Construction of commercial		14,993			8,004			22,997			18,602			9,045			27,647
Commercial real estate		118,466			99,825			218,291			117,100			106,944			224,044
Farm land		3,187			—			3,187			3,239			—			3,239
Vacant land		8,278			—			8,278			9,342			—			9,342
Real estate secured		432,433			115,571			548,004			424,126			124,902			549,028
Commercial and industrial		63,504			57,737			121,241			49,204			68,714			117,918
Municipal		6,519			—			6,519			6,083			—			6,083
Consumer		5,703			102			5,805			4,334			122			4,456
Loans receivable, gross		508,159			173,410			681,569			483,747			193,738			677,485
Deferred loan origination fees and costs, net		1,216			—			1,216			1,203			—			1,203
Allowance for loan losses		(4,915	)		(144	)		(5,059	)		(5,337	)		(21	)		(5,358	)
Loans receivable, net	$	504,460		$	173,266		$	677,726		$	479,613		$	193,717		$	673,330
Loans held-for-sale
Residential 1-4 family		300			—			300			568			—			568

Composition of loans receivable by risk rating grade

Business Activities Loans

(in thousands)	Pass		Special mention		Substandard		Doubtful		Loss		Total
June 30, 2015
Residential 1-4 family	$	243,772	$	8,253	$	6,065	$	92	$	—	$	258,182
Residential 5+ multifamily		3,733		1,056		964		—		—		5,753
Construction of residential 1-4 family		4,534		—		—		—		—		4,534
Home equity credit		32,429		499		1,105		—		—		34,033
Residential real estate		284,468		9,808		8,134		92		—		302,502
Commercial		91,539		5,163		6,771		—		—		103,473
Construction of commercial		14,420		—		573		—		—		14,993
Commercial real estate		105,959		5,163		7,344		—		—		118,466
Farm land		1,757		324		1,106		—		—		3,187
Vacant land		5,273		74		2,931		—		—		8,278
Real estate secured		397,457		15,369		19,515		92		—		432,433
Commercial and industrial		61,655		1,197		652		—		—		63,504
Municipal		6,519		—		—		—		—		6,519
Consumer		5,669		26		8		—		—		5,703
Loans receivable, gross	$	471,300	$	16,592	$	20,175	$	92	$	—	$	508,159

Acquired Loans

(in thousands)	Pass		Special mention		Substandard		Doubtful		Loss		Total
June 30, 2015
Residential 1-4 family	$	8,846	$	—	$	580	$	—	$	—	$	9,426
Residential 5+ multifamily		6,320		—		—		—		—		6,320
Construction of residential 1-4 family		—		—		—		—		—		—
Home equity credit		—		—		—		—		—		—
Residential real estate		15,166		—		580		—		—		15,746
Commercial		84,037		3,081		4,703		—		—		91,821
Construction of commercial		7,728		—		276		—		—		8,004
Commercial real estate		91,765		3,081		4,979		—		—		99,825
Farm land		—		—		—		—		—		—
Vacant land		—		—		—		—		—		—
Real estate secured		106,931		3,081		5,559		—		—		115,571
Commercial and industrial		55,715		1,317		620		85		—		57,737
Municipal		—		—		—		—		—		—
Consumer		77		7		—		18		—		102
Loans receivable, gross	$	162,723	$	4,405	$	6,179	$	103	$	—	$	173,410

Business Activities Loans

(in thousands)	Pass		Special mention		Substandard		Doubtful		Loss		Total
December 31, 2014
Residential 1-4 family	$	232,628	$	12,350	$	7,187	$	93	$	—	$	252,258
Residential 5+ multifamily		3,420		1,072		1,064		—		—		5,556
Construction of residential 1-4 family		2,004		—		—		—		—		2,004
Home equity credit		32,639		807		1,181		—		—		34,627
Residential real estate		270,691		14,229		9,432		93		—		294,445
Commercial		79,975		10,728		7,795		—		—		98,498
Construction of commercial		18,024		—		578		—		—		18,602
Commercial real estate		97,999		10,728		8,373		—		—		117,100
Farm land		772		1,361		1,106		—		—		3,239
Vacant land		6,039		140		3,163		—		—		9,342
Real estate secured		375,501		26,458		22,074		93		—		424,126
Commercial and industrial		44,903		3,527		774		—		—		49,204
Municipal		6,083		—		—		—		—		6,083
Consumer		4,271		53		10		—		—		4,334
Loans receivable, gross	$	430,758	$	30,038	$	22,858	$	93	$	—	$	483,747

Acquired Loans

(in thousands)	Pass		Special mention		Substandard		Doubtful		Loss		Total
December 31, 2014
Residential 1-4 family	$	8,661	$	—	$	562	$	—	$	—	$	9,223
Residential 5+ multifamily		8,735		—		—		—		—		8,735
Construction of residential 1-4 family		—		—		—		—		—		—
Home equity credit		—		—		—		—		—		—
Residential real estate		17,396		—		562		—		—		17,958
Commercial		89,820		3,830		3,723		526		—		97,899
Construction of commercial		9,045		—		—		—		—		9,045
Commercial real estate		98,865		3,830		3,723		526		—		106,944
Farm land		—		—		—		—		—		—
Vacant land		—		—		—		—		—		—
Real estate secured		116,261		3,830		4,285		526		—		124,902
Commercial and industrial		66,098		1,675		941		—		—		68,714
Municipal		—		—		—		—		—		—
Consumer		96		7		19		—		—		122
Loans receivable, gross	$	182,455	$	5,512	$	5,245	$	526	$	—	$	193,738

Composition of loans receivable by delinquency status

Business Activities Loans

			Past due
												180		30
(in thousands)	Current			1-29		30-59		60-89		90-179		days		days			Accruing		Non-
				days		days		days		days		and		and		90 days			accrual
												over		over		and over
June 30, 2015
Residential 1-4 family	$	247,762		$	5,045	$	346	$	1,650	$	1,850	$	1,529	$	5,375		$	—	$	4,403
Residential 5+ multifamily		5,587			77		—		—		—		89		89			—		—
Construction of residential 1-4 family		4,534			—		—		—		—		—		—			—		—
Home equity credit		33,241			62		223		431		—		76		730			—		629
Residential real estate		291,124			5,184		569		2,081		1,850		1,694		6,194			—		5,032
Commercial		100,194			2,235		363		—		—		681		1,044			—		2,326
Construction of commercial		14,993			—		—		—		—		—		—			—		—
Commercial real estate		115,187			2,235		363		—		—		681		1,044			—		2,326
Farm land		2,073			—		—		7		723		384		1,114			—		1,106
Vacant land		5,414			—		5		36		—		2,823		2,864			—		2,859
Real estate secured		413,798			7,419		937		2,124		2,573		5,582		11,216			—		11,323
Commercial and industrial		62,373			604		509		—		—		18		527			—		441
Municipal		6,519			—		—		—		—		—		—			—		—
Consumer		5,611			75		13		4		—		—		17			—		—
Loans receivable, gross	$	488,301		$	8,098	$	1,459	$	2,128	$	2,573	$	5,600	$	11,760		$	—	$	11,764

Acquired Loans

June 30, 2015
Residential 1-4 family	$	7,913	$	197	$	—	$	735	$	—	$	581	$	1,316	$	—	$	581
Residential 5+ multifamily		6,320		—		—		—		—		—		—		—		—
Construction of residential 1-4 family		—		—		—		—		—		—		—		—		—
Home equity credit		—		—		—		—		—		—		—		—		—
Residential real estate		14,233		197		—		735		—		581		1,316		—		581
Commercial		85,759		3,955		—		—		681		1,426		2,107		—		2,107
Construction of commercial		7,728		—		—		—		276		—		276		—		276
Commercial real estate		93,487		3,955		—		—		957		1,426		2,383		—		2,383
Farm land		—		—		—		—		—		—		—		—		—
Vacant land		—		—		—		—		—		—		—		—		—
Real estate secured		107,720		4,152		—		735		957		2,007		3,699		—		2,964
Commercial and industrial		57,017		581		98		41		—		—		139		—		—
Municipal		—		—		—		—		—		—		—		—		—
Consumer		97		5		—		—		—		—		—		—		—
Loans receivable, gross	$	164,834	$	4,738	$	98	$	776	$	957	$	2,007	$	3,838	$	—	$	2,964

Business Activities Loans

			Past due
												180		30
(in thousands)	Current			1-29		30-59		60-89		90-179		days		days			Accruing		Non-
				days		days		days		days		and		and		90 days			accrual
												over		over		and over
December 31, 2014
Residential 1-4 family	$	241,567		$	7,299	$	1,250	$	555	$	976	$	611	$	3,392		$	—	$	2,445
Residential 5+ multifamily		5,467			—		—		—		89		—		89			—		89
Construction of residential 1-4 family		2,004			—		—		—		—		—		—			—		—
Home equity credit		33,488			387		122		528		39		63		752			—		348
Residential real estate		282,526			7,686		1,372		1,083		1,104		674		4,233			—		2,882
Commercial		94,598			2,079		602		—		—		1,219		1,821			—		1,219
Construction of commercial		18,602			—		—		—		—		—		—			—		—
Commercial real estate		113,200			2,079		602		—		—		1,219		1,821			—		1,219
Farm land		2,119			—		13		723		—		384		1,120			—		384
Vacant land		6,422			51		7		—		39		2,823		2,869			—		2,862
Real estate secured		404,267			9,816		1,994		1,806		1,143		5,100		10,043			—		7,347
Commercial and industrial		48,478			582		91		17		36		—		144			17		33
Municipal		6,083			—		—		—		—		—		—			—		—
Consumer		4,274			47		8		5		—		—		13			—		—
Loans receivable, gross	$	463,102		$	10,445	$	2,093	$	1,828	$	1,179	$	5,100	$	10,200		$	17	$	7,380

Acquired Loans

December 31, 2014
Residential 1-4 family	$	8,661	$	—	$	—	$	—	$	—	$	562	$	562	$	—	$562
Residential 5+ multifamily		8,735		—		—		—		—		—		—		—	—
Construction of residential 1-4 family		—		—		—		—		—		—		—		—	—
Home equity credit		—		—		—		—		—		—		—		—	—
Residential real estate		17,396		—		—		—		—		562		562		—	562
Commercial		95,695		1,109		167		—		285		643		1,095		—	1,931
Construction of commercial		9,045		—		—		—		—		—		—		—	—
Commercial real estate		104,740		1,109		167		—		285		643		1,095		—	1,931
Farm land		—		—		—		—		—		—		—		—	—
Vacant land		—		—		—		—		—		—		—		—	—
Real estate secured		122,136		1,109		167		—		285		1,205		1,657		—	2,493
Commercial and industrial		67,665		740		89		220		—		—		309		—	—
Municipal		—		—		—		—		—		—		—		—	—
Consumer		117		5		—		—		—		—		—		—	—
Loans receivable, gross	$	189,918	$	1,854	$	256	$	220	$	285	$	1,205	$	1,966	$	—	$2,493

Troubled debt restructurings

Business Activities Loans

	Six months ended
	June 30, 2015						June 30, 2014
(in thousands)	Quantity		Pre- modification balance		Post- modification balance		Quantity		Pre- modification balance		Post- modification balance
Residential real estate		1	$	875	$	875		1	$	30	$	30
Commercial real estate		1		184		184		2		447		447
Home equity credit		—		—		—		2		72		72
Troubled debt restructurings		2	$	1,059	$	1,059		5	$	549	$	549
Rate reduction and term extension		1	$	184	$	184		—		—		—
Interest only and term extension		—		—		—		1		48		48
Interest only		—		—		—		2		54		54
Debt consolidation and term extension		—		—		—		2		447		447
Term extension		1		875		875		—		—		—
Troubled debt restructurings		2	$	1,059	$	1,059		5	$	549	$	549

Changes in allowance for loan losses

	Business Activities Loans												Acquired Loans
(in thousands)	Three months ended June 30, 2015												Three months ended June 30, 2015
	Beginning balance		Provision			Charge- offs			Reco- veries		Ending balance		Beginning balance		Provision			Charge- offs		Reco- veries		Ending balance
Residential	$	2,386	$	(52	)	$	(188	)	$	1	$	2,147	$	—	$	15		$	—	$	—	$	15
Commercial		1,355		116			(132	)		—		1,339		18		59			—		—		77
Land		176		6			—			—		182		—		—			—		—		—
Real estate		3,917		70			(320	)		1		3,668		18		74			—		—		92
Commercial and industrial		637		52			—			2		691		45		(3	)		—		10		52
Municipal		61		3			—			—		64		—		—			—		—		—
Consumer		120		15			(16	)		4		123		—		—			—		—		—
Unallocated		384		(15	)		—			—		369		—		—			—		—		—
Totals	$	5,119	$	125		$	(336	)	$	7	$	4,915	$	63	$	71		$	—	$	10	$	144

	Business Activities Loans												Acquired Loans
(in thousands)	Six months ended June 30, 2015												Six months ended June 30, 2015
	Beginning balance		Provision			Charge- offs			Reco- veries		Ending balance		Beginning balance		Provision		Charge- offs		Reco- veries		Ending balance
Residential	$	2,306	$	320		$	(481	)	$	2	$	2,147	$	—	$	15	$	—	$	—	$	15
Commercial		1,697		(154	)		(204	)		—		1,339		7		70		—		—		77
Land		164		18			—			—		182		—		—		—		—		—
Real estate		4,167		184			(685	)		2		3,668		7		85		—		—		92
Commercial and industrial		583		(288	)		(56	)		452		691		14		21		—		17		52
Municipal		61		3			—			—		64		—		—		—		—		—
Consumer		117		31			(31	)		6		123		—		—		—		—		—
Unallocated		409		(40	)		—			—		369		—		—		—		—		—
Totals	$	5,337	$	(110	)	$	(772	)	$	460	$	4,915	$	21	$	106	$	—	$	17	$	144
	Business Activities Loans												Acquired Loans
(in thousands)	December 31, 2014												December 31, 2014
	Beginning balance		Provision			Charge- offs			Reco- veries		Ending balance		Beginning balance		Provision		Charge- offs		Reco- veries		Ending balance
Residential	$	1,938	$	657		$	(307	)	$	18	$	2,306	$	—	$	—	$	—	$	—	$	—
Commercial		1,385		355			(84	)		41		1,697		—		7		—		—		7
Land		226		58			(121	)		1		164		—		—		—		—		—
Real estate		3,549		1,070			(512	)		60		4,167		—		7		—		—		7
Commercial and industrial		561		25			(19	)		16		583		—		14		—		—		14
Municipal		43		18			—			—		61		—		—		—		—		—
Consumer		105		16			(28	)		24		117		—		—		—		—		—
Unallocated		425		(16	)		—			—		409		—		—		—		—		—
Totals	$	4,683	$	1,113		$	(559	)	$	100	$	5,337	$	—	$	21	$	—	$	—	$	21

Composition of loans receivable and allowance for loan losses

Business Activities Loans

(in thousands)	Collectively evaluated				Individually evaluated				Total portfolio
		Loans		Allowance		Loans		Allowance		Loans		Allowance
June 30, 2015
Residential 1-4 family	$	250,103	$	1,079	$	8,079	$	677	$	258,182	$	1,756
Residential 5+ multifamily		3,871		17		1,882		3		5,753		20
Construction of residential 1-4 family		4,534		31		—		—		4,534		31
Home equity credit		33,319		303		714		37		34,033		340
Residential real estate		291,827		1,430		10,675		717		302,502		2,147
Commercial		99,156		1,054		4,317		96		103,473		1,150
Construction of commercial		14,868		164		125		—		14,993		164
Commercial real estate		114,024		1,218		4,442		96		118,466		1,314
Farm land		2,081		19		1,106		73		3,187		92
Vacant land		5,190		55		3,088		60		8,278		115
Real estate secured		413,122		2,722		19,311		946		432,433		3,668
Commercial and industrial		62,994		664		510		27		63,504		691
Municipal		6,519		64		—		—		6,519		64
Consumer		5,703		123		—		—		5,703		123
Unallocated allowance		—		—		—		—		—		369
Totals	$	488,338	$	3,573	$	19,821	$	973	$	508,159	$	4,915

Acquired Loans

(in thousands)	Collectively evaluated				Individually evaluated				ASC 310-30 loans				Total portfolio
		Loans		Allowance		Loans		Allowance		Loans		Allowance		Loans		Allowance
June 30, 2015
Residential 1-4 family	$	8,845	$	—	$	581	$	15	$	—	$	—	$	9,426	$	15
Residential 5+ multifamily		6,320		—		—		—		—		—		6,320		—
Construction of residential 1-4 family		—		—		—		—		—		—		—		—
Home equity credit		—		—		—		—		—		—		—		—
Residential real estate		15,165		—		581		15		—		—		15,746		15
Commercial		83,626		2		2,858		60		5,337		—		91,821		62
Construction of commercial		7,728		15		276		—		—		—		8,004		15
Commercial real estate		91,354		17		3,134		60		5,337		—		99,825		77
Farm land		—		—		—		—		—		—		—		—
Vacant land		—		—		—		—		—		—		—		—
Real estate secured		106,519		17		3,715		75		5,337		—		115,571		92
Commercial and industrial		56,210		52		—		—		1,527		—		57,737		52
Municipal		—		—		—		—		—		—		—		—
Consumer		84		—		—		—		18		—		102		—
Unallocated allowance		—		—		—		—		—		—		—		—
Totals	$	162,813	$	69	$	3,715	$	75	$	6,882	$	—	$	173,410	$	144

Business Activities Loans

(in thousands)	Collectively evaluated				Individually evaluated				Total portfolio
		Loans		Allowance		Loans		Allowance		Loans		Allowance
December 31, 2014
Residential 1-4 family	$	245,997	$	1,316	$	6,261	$	549	$	252,258	$	1,865
Residential 5+ multifamily		4,536		66		1,020		3		5,556		69
Construction of residential 1-4 family		2,004		13		—		—		2,004		13
Home equity credit		34,231		350		396		9		34,627		359
Residential real estate		286,768		1,745		7,677		561		294,445		2,306
Commercial		93,784		1,018		4,714		486		98,498		1,504
Construction of commercial		18,474		193		128		—		18,602		193
Commercial real estate		112,258		1,211		4,842		486		117,100		1,697
Farm land		2,855		59		384		—		3,239		59
Vacant land		6,245		67		3,097		38		9,342		105
Real estate secured		408,126		3,082		16,000		1,085		424,126		4,167
Commercial and industrial		48,635		532		569		51		49,204		583
Municipal		6,083		61		—		—		6,083		61
Consumer		4,334		117		—		—		4,334		117
Unallocated allowance		—		—		—		—		—		409
Totals	$	467,178	$	3,792	$	16,569	$	1,136	$	483,747	$	5,337

Acquired Loans

(in thousands)	Collectively evaluated				Individually evaluated				ASC 310-30 loans				Total portfolio
		Loans		Allowance		Loans		Allowance		Loans		Allowance		Loans		Allowance
December 31, 2014
Residential 1-4 family	$	8,661	$	—	$	562	$	—	$	—	$	—	$	9,223	$	—
Residential 5+ multifamily		8,735		—		—		—		—		—		8,735		—
Construction of residential 1-4 family		—		—		—		—		—		—		—		—
Home equity credit		—		—		—		—		—		—		—		—
Residential real estate		17,396		—		562		—		—		—		17,958		—
Commercial		89,820		—		2,502		—		5,577		—		97,899		—
Construction of commercial		9,045		7		—		—		—		—		9,045		7
Commercial real estate		98,865		7		2,502		—		5,577		—		106,944		7
Farm land		—		—		—		—		—		—		—		—
Vacant land		—		—		—		—		—		—		—		—
Real estate secured		116,261		7		3,064		—		5,577		—		124,902		7
Commercial and industrial		66,874		14		—		—		1,840		—		68,714		14
Municipal		—		—		—		—		—		—		—		—
Consumer		103		—		—		—		19		—		122		—
Unallocated allowance		—		—		—		—		—		—		—		—
Totals	$	183,238	$	21	$	3,064	$	—	$	7,436	$	—	$	193,738	$	21

Credit quality segments of loans receivable and allowance for loan losses

Business Activities Loans

June 30, 2015 (in thousands)	Collectively evaluated				Individually evaluated				Total portfolio
		Loans		Allowance		Loans		Allowance		Loans		Allowance
Performing loans	$	484,055	$	3,429	$	—	$	—	$	484,055	$	3,429
Potential problem loans		4,282		144		—		—		4,282		144
Impaired loans		—		—		19,822		973		19,822		973
Unallocated allowance												369
Totals	$	488,337	$	3,573	$	19,822	$	973	$	508,159	$	4,915

Acquired Loans

June 30, 2015 (in thousands)	Collectively evaluated				Individually evaluated				Total portfolio
		Loans		Allowance		Loans		Allowance		Loans		Allowance
Performing loans	$	167,230	$	69	$	—	$	—	$	167,230	$	69
Potential problem loans		2,465		—		—		—		2,465		—
Impaired loans		—		—		3,715		75		3,715		75
Unallocated allowance												—
Totals	$	169,965	$	69	$	3,715	$	75	$	173,410	$	144

Business Activities Loans

December 31, 2014 (in thousands)	Collectively evaluated				Individually evaluated				Total portfolio
		Loans		Allowance		Loans		Allowance		Loans		Allowance
Performing loans	$	457,744	$	3,283	$	—	$	—	$	457,744	$	3,283
Potential problem loans		9,423		509		11		—		9,434		509
Impaired loans		—		—		16,569		1,136		16,569		1,136
Unallocated allowance		—		409		—		—		—		409
Totals	$	467,167	$	4,201	$	16,580	$	1,136	$	483,747	$	5,337

Acquired Loans

December 31, 2014 (in thousands)	Collectively evaluated				Individually evaluated				Total portfolio
		Loans		Allowance		Loans		Allowance		Loans		Allowance
Performing loans	$	187,966	$	21	$	—	$	—	$	187,966	$	21
Potential problem loans		2,708		—		—		—		2,708		—
Impaired loans		—		—		3,064		—		3,064		—
Unallocated allowance		—		—		—		—		—		—
Totals	$	190,674	$	21	$	3,064	$	—	$	193,738	$	21

Certain data with respect to loans individually evaluated for impairment

Business Activities Loans

	Impaired loans with specific allowance										Impaired loans with no specific allowance
(in thousands)	Loan balance							Specific		Income	Loan balance							Income
		Book		Note		Average		allowance		recognized		Book		Note		Average		recognized
June 30, 2015
Residential	$	6,141	$	6,634	$	5,750	$	680	$	69	$	3,820	$	4,110	$	3,043	$	61
Home equity credit		390		412		63		37		5		324		345		611		1
Residential real estate		6,531		7,046		5,813		717		74		4,144		4,455		3,654		62
Commercial		1,607		1,760		2,469		96		21		2,710		3,002		2,130		36
Construction of commercial		—		—		—		—		—		125		131		127		4
Farm land		736		736		423		73		16		370		370		270		—
Vacant land		3,052		3,944		3,088		60		6		36		44		5		—
Real estate secured		11,926		13,486		11,793		946		117		7,385		8,002		6,186		102
Commercial and industrial		69		112		82		27		2		441		471		464		7
Consumer		—		—		—		—		—		—		—		—		—
Totals	$	11,995	$	13,598	$	11,875	$	973	$	119	$	7,826	$	8,473	$	6,650	$	109

Acquired Loans

	Impaired loans with specific allowance										Impaired loans with no specific allowance
(in thousands)	Loan balance							Specific		Income	Loan balance							Income
		Book		Note		Average		allowance		recognized		Book		Note		Average		recognized
June 30, 2015
Residential 1-4 family	$	581	$	716	$	83	$	15	$	—	$	—	$	—	$	488	$	—
Home equity credit		—		—		—		—		—		—		—		—		—
Residential real estate		581		716		83		15		—		—		—		488		—
Commercial		1,526		2,173		218		60		24		1,332		1,843		2,334		18
Construction of commercial		—		—		—		—		—		276		278		79		—
Farm land		—		—		—		—		—		—		—		—		—
Vacant land		—		—		—		—		—		—		—		—		—
Real estate secured		2,107		2,889		301		75		24		1,608		2,121		2,901		18
Commercial and industrial		—		—		—		—		—		—		—		—		—
Consumer		—		—		—		—		—		—		—		—		—
Totals	$	2,107	$	2,889	$	301	$	75	$	24	$	1,608	$	2,121	$	2,901	$	18

Business Activities Loans

	Impaired loans with specific allowance										Impaired loans with no specific allowance
(in thousands)	Loan balance							Specific		Income	Loan balance							Income
		Book		Note		Average		allowance		recognized		Book		Note		Average		recognized
December 31, 2014
Residential 1-4 family	$	5,008	$	5,157	$	4,547	$	552	$	128	$	2,273	$	2,395	$	2,703	$	57
Home equity credit		9		24		91		9		—		387		405		441		4
Residential real estate		5,017		5,181		4,638		561		128		2,660		2,800		3,144		61
Commercial		3,383		3,563		3,262		486		108		1,331		1,520		1,468		54
Construction of commercial		—		—		—		—		—		128		134		123		—
Farm land		—		—		—		—		—		384		384		384		—
Vacant land		3,097		3,996		3,090		38		12		—		—		—		—
Real estate secured		11,497		12,740		10,990		1,085		248		4,503		4,838		5,119		115
Commercial and industrial		102		161		106		51		2		467		469		516		30
Consumer		—		—		—		—		—		—		—		19		—
Totals	$	11,599	$	12,901	$	11,096	$	1,136	$	250	$	4,970	$	5,307	$	5,654	$	145

Acquired Loans

	Impaired loans with specific allowance										Impaired loans with no specific allowance
(in thousands)	Loan balance							Specific		Income	Loan balance							Income
		Book		Note		Average		allowance		recognized		Book		Note		Average		recognized
December 31, 2014
Residential 1-4 family	$	—	$	—	$	—	$	—	$	—	$	562	$	716	$	562	$	3
Home equity credit		—		—		—		—		—		—		—		—		—
Residential real estate		—		—		—		—		—		562		716		562		3
Commercial		—		—		—		—		—		2,502		4,014		2,502		12
Construction of commercial		—		—		—		—		—		—		—		—		—
Farm land		—		—		—		—		—		—		—		—		—
Vacant land		—		—		—		—		—		—		—		—		—
Real estate secured		—		—		—		—		—		3,064		4,730		3,064		15
Commercial and industrial		—		—		—		—		—		—		4		—		—
Consumer		—		—		—		—		—		—		—		—		—
Totals	$	—	$	—	$	—	$	—	$	—	$	3,064	$	4,734	$	3,064	$	15