Acquired Credit Impaired Loans

6 Months Ended

Jun. 30, 2015

Receivables [Abstract]

Acquired Credit Impaired Loans

Acquired Credit Impaired Loans

The following table provides at June 30, 2015 and December 31, 2014 the major classifications of acquired credit impaired loans that are accounted for in accordance with FASB ASC 310-30 (in thousands):

	June 30, 2015		December 31, 2014
Commercial & industrial	$	1,881	1,092
Commercial, secured by real estate	8,281		12,984
Residential real estate	3,247		3,425
Consumer	57		81
Agricultural	39		101
Other loans, including deposit overdrafts	500		513
	14,005		18,196
Less allowance for loan losses	—		303
Loans, net	14,005		17,893

The following table provides the outstanding balance and related carrying amount for acquired credit impaired loans at the dates indicated (in thousands):

	June 30, 2015		December 31, 2014
Outstanding balance	$	18,806	26,697
Carrying amount	14,005		18,196

Activity during the six months ended June 30, 2015 and 2014 for the accretable discount related to acquired credit impaired loans is as follows (in thousands):

	2015			2014
Accretable discount at December 31,	$	2,674		1,107
Accretable discount acquired during period	413			2,163
Reclass from nonaccretable discount to accretable discount	943			28
Less disposals	(857		)	(61	)
Less accretion	(1,404		)	(175	)
Accretable discount at June 30,	$	1,769		3,062