Loans (Tables)

6 Months Ended

Jun. 30, 2012

Loans [Abstract]

Summary of loans

	June 30,			December 31,
	2012			2011
Real estate
Commercial	$	94,535		$	94,513
Construction		1,881			4,361
Residential		18,386			21,054
Home equity		56,502			59,176
Total real estate loans		171,304			179,104
Commercial		25,649			26,203
Consumer		1,326			1,392
Total loans		198,279			206,699
Deferred loan costs, net		224			265
Allowance for loan losses		(5,168	)		(8,854	)
Loans, net	$	193,335		$	198,110

Loans related to parties

Balances, January 1, 2012	$	3,281
New loans including renewals		2,164
Payments, etc., including renewals		(3,082	)
Balances, June 30, 2012	$	2,363

Allowances for loans losses

	Commercial			Commercial Real Estate			Construction			Consumer			Residential			HELOC			Total
Balance at beginning of period	$	695		$	4,171		$	1,768		$	18		$	804		$	1,398		$	8,854
Provision for loan losses		243			732			—			4			(94	)		72			957
Charge-offs		(295	)		(1,857	)		(1,740	)		(4	)		(456	)		(325	)		(4,677	)
Recoveries		9			4			—			—			21			—			34
Balance at end of period	$	652		$	3,050		$	28		$	18		$	275		$	1,145		$	5,168
Ending balance: individually evaluated for impairment	$	—		$	1,743		$	—		$	—		$	25		$	838		$	2,606
Ending balance: collectively evaluated for impairment	$	652		$	1,307		$	28		$	18		$	250		$	307		$	2,562
Total Loans:
Ending balance	$	25,649		$	94,535		$	1,881		$	1,326		$	18,386		$	56,502		$	198,279
Ending balance: individually evaluated for impairment	$	—		$	6,232		$	—		$	—		$	840		$	2,661		$	9,733
Ending balance: collectively evaluated for impairment	$	25,649		$	88,303		$	1,881		$	1,326		$	17,546		$	53,841		$	188,546

	Commercial		Commercial Real Estate		Construction		Consumer		Residential		HELOC		Unallocated		Total
Ending balance: individually evaluated for impairment	$	39	$	3,002	$	1,740	$	—	$	451	$	977	$	—	$	6,209
Ending balance: collectively evaluated for impairment	$	656	$	1,214	$	28	$	19	$	352	$	376	$	—	$	2,645
Total Loans:
Ending balance	$	26,203	$	94,513	$	4,361	$	1,392	$	21,054	$	59,176	$	—	$	206,699
Ending balance: individually evaluated for impairment	$	39	$	6,671	$	2,175	$	—	$	3,709	$	2,659	$	—	$	15,253
Ending balance: collectively evaluated for impairment	$	26,164	$	87,842	$	2,186	$	1,392	$	17,345	$	56,517	$	—	$	191,446

Changes in allowance for loan losses

	Commercial			Commercial Real Estate			Construction			Consumer			Residential			HELOC			Unallocated		Total
Balance at beginning of period	$	694		$	3,139		$	34		$	20		$	367		$	1,441		$	—	$	5,695
Provision for loan losses		244			552			(6	)		2			(44	)		29			—		777
Charge-offs		(295	)		(644	)		—			(4	)		(55	)		(325	)		—		(1,323	)
Recoveries		9			4			—			—			6			—			—		19
Balance at end of period	$	652		$	3,051		$	28		$	18		$	274		$	1,145		$	—	$	5,168

Summary of Nonaccrual loans by class

	June 30, 2012		December 31, 2011
Commercial	$	—	$	39
Consumer		—		—
Real estate loans:
Construction		—		2,175
Commercial		4,337		4,721
Residential		433		4,187
Home equity		2,661		2,677
Total	$	7,431	$	13,799

Summary of Impaired Loans

	Recorded Balance		Unpaid Principal Balance		Specific Allowance
With no related allowance recorded:
Commercial real estate	$	1,895	$	1,895	$	—
Construction		—		—		—
Residential		407		407		—
HELOC		165		165		—
Subtotal		2,467		2,467		—
With an allowance recorded:
Commercial		—		—		—
Commercial real estate		4,337		4,337		1,744
Construction		—		—		—
Residential		434		434		24
HELOC		2,495		2,495		838
Subtotal		7,266		7,266		2,606
Total Impaired Loans	$	9,733	$	9,733	$	2,606

	Three Months Ended June 30,								Six Months Ended June 30,
	2012				2011				2012				2011
	Average Investment in Impaired Loans		Interest Income Recognized		Average Investment in Impaired Loans		Interest Income Recognized		Average Investment in Impaired Loans		Interest Income Recognized		Average Investment in Impaired Loans		Interest Income Recognized
With no related allowance recorded:
Commercial real estate	$	1,899	$	21	$	—	$	—	$	1,466	$	37	$	—	$	—
Construction		—		—		572		—		—		—		572		—
Residential		1,189		3		2,576		—		1,836		5		2,578		—
HELOC		165		—		526		—		165		—		523		1
Subtotal		3,253		24		3,674		—		3,467		42		3,673		1
With an allowance recorded:
Commercial		—		—		—		—		—		—		—		—
Commercial real estate		3,942		17		4,563		76		3,940		53		4,182		117
Construction		—		—		2,150		—		—		—		2,150		—
Residential		435		2		5,400		15		435		4		5,400		34
HELOC		2,505		3		1,254		4		2,505		—		1,256		4
Subtotal		6,882		22		13,367		95		6,880		57		12,988		155
Total Impaired Loans	$	10,135	$	46	$	17,041	$	95	$	10,347	$	99	$	16,661	$	156

	Recorded Balance		Unpaid Principal Balance		Specific Allowance
With no related allowance recorded:
Construction	$	25	$	776	$	—
Residential		2,353		2,353		—
HELOC		510		510		—
Subtotal		2,888		3,639		—
With an allowance recorded:
Commercial		39		39		39
Commercial real estate		6,671		6,671		3,002
Construction		2,150		2,150		1,740
Residential		1,356		1,355		451
HELOC		2,149		2,149		977
Subtotal		12,365		12,364		6,209
Total Impaired Loans	$	15,253	$	16,003	$	6,209

Summary of credit quality of the Company

	June 30, 2012
	Pass		Special Mention		Substandard		Doubtful		Loss		Total
Commercial	$	24,615	$	762	$	272	$	—	$	—	$	25,649
Real estate loans:
Construction		1,881		—		—		—		—		1,881
Commercial real estate		85,798		3,403		5,334		—		—		94,535
Residential		13,896		2,994		1,496		—		—		18,386
Home equity		52,731		611		3,160		—		—		56,502
Individuals loans for household and other personal expenditures		1,326		—		—		—		—		1,326
Total	$	180,247	$	7,770	$	10,262	$	—	$	—	$	198,279

	December 31, 2011
	Pass		Special Mention		Substandard		Doubtful		Loss		Total
Commercial	$	24,582	$	910	$	711	$	—	$	—	$	26,203
Real estate loans:
Construction		1,144		—		3,217		—		—		4,361
Commercial real estate		84,492		3,351		6,670		—		—		94,513
Residential		12,042		3,804		5,208		—		—		21,054
Home equity		54,665		530		3,981		—		—		59,176
Individuals loans for household and other personal expenditures		1,392		—		—		—		—		1,392
Total	$	178,317	$	8,595	$	19,787	$	—	$	—	$	206,699

Summary of past due aging of loan portfolio

	June 30, 2012
	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans		Loans > 90 Days and Accruing
Commercial	$	55	$	—	$	—	$	55	$	25,594	$	25,649	$	—
Real estate loans:
Construction		—		—		—		—		1,881		1,881		—
Commercial real estate		475		207		4,767		5,449		89,086		94,535		430
Residential		211		870		434		1,515		16,871		18,386		—
Home equity		687		—		2,661		3,348		53,154		56,502		—
Individuals loans for household and other personal expenditures		1		—		—		1		1,325		1,326		—
Total	$	1,429	$	1,077	$	7,862	$	10,368	$	187,911	$	198,279	$	430
	December 31, 2011
	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans		Loans > 90 Days and Accruing
Commercial	$	—	$	—	$	39	$	39	$	26,164	$	26,203	$	—
Real estate loans:
Construction		—		—		2,175		2,175		2,186		4,361		—
Commercial real estate		674		—		4,721		5,395		89,118		94,513		—
Residential		204		43		4,187		4,434		16,620		21,054		—
Home equity		60		463		2,677		3,200		55,976		59,176		—
Individuals loans for household and other personal expenditures		—		—		—		—		1,392		1,392		—
Total	$	938	$	506	$	13,799	$	15,243	$	191,456	$	206,699	$	—

Loans restructured TDR

	Three months ended June 30, 2012						Six months ended June 30, 2012
	Count		Balance  Prior to TDR		Balance after TDR		Count		Balance  Prior to TDR		Balance after TDR
Real estate loans:
Commercial real estate		2	$	997	$	997		2	$	997	$	997
Residential		1		229		229		2		636		636
Total		3	$	1,226	$	1,226		4	$	1,633	$	1,633

TDRs that had payment defaults

			Default
	Count		Balance
Real estate loans:
Commercial real estate		3	$	4,337
Residential		2		584
Total		5	$	4,921