LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

9 Months Ended

Sep. 30, 2012

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The following is a summary of loans at September 30, 2012 and December 31, 2011: 

	September 30, 2012			December 31, 2011
Commercial:
Commercial real estate	$	306,722		$	310,315
Commercial and industrial	56,976			39,101
Construction and development	54,090			74,663
Consumer:
Residential real estate	74,760			66,657
Construction and development	4,496			8,461
Home equity	40,875			48,940
Other consumer	3,084			3,300
Total loans	541,003			551,437
Less:
Deferred loan fees	(57		)	(45		)
Allowance for loan losses	(2,264		)	(227		)
Net loans	$	538,682		$	551,165

Schedule of Accretable yield of Purchased Credit Impaired Loans Table [Text Block]

Changes in accretable yield, or income expected to be collected, related to purchased credit-impaired (“PCI”) loans in the nine months ended September 30, 2012 were as follows:

Balance at January 1, 2012	$	29,645
New loans purchased	—
Accretion of income	(11,617		)
Reclassifications from nonaccretable difference	10,297
Disposals	(1,788		)
Balance September 30, 2012	$	26,537

Allowance for Credit Losses on Financing Receivables [Table Text Block]

The following is a summary of changes in the allowance for loan losses and the ending recorded investment in loans by portfolio segment and based on impairment method as of and for the three and nine months ended September 30, 2012 and 2011:

	Successor Company
	Three months ended September 30, 2012
	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Residential Real Estate		Consumer Construction			Home Equity			Other Consumer			Total
Allowance for loan losses:
Beginning balance	$	626	$	378	$	289	$	458	$	29		$	331		$	2		$	2,113
Charge-offs	—		—		—		—		—			(693		)	(114		)	(807		)
Recoveries	—		—		—		—		—			—			—			—
Provision for loan losses	65		82		52		253		(10		)	397			119			958
Ending balance	$	691	$	460	$	341	$	711	$	19		$	35		$	7		$	2,264

	Successor Company
	Nine months ended September 30, 2012
	Commercial Real Estate		Commercial and Industrial			Commercial Construction			Residential Real Estate			Consumer Construction		Home Equity			Other Consumer			Total
Allowance for loan losses:
Beginning balance	$	126	$	30		$	19		$	27		$	2	$	20		$	3		$	227
Charge-offs	—		(105		)	(46		)	(3		)	—		(1,404		)	(135		)	(1,693		)
Recoveries	—		—			—			—			—		—			—			—
Provision for loan losses	565		535			368			687			17		1,419			139			3,730
Ending balance	$	691	$	460		$	341		$	711		$	19	$	35		$	7		$	2,264
Ending balance:
Individually evaluated for impairment	$	—	$	—		$	—		$	—		$	—	$	—		$	—		$	—
Collectively evaluated for impairment	$	609	$	349		$	174		$	165		$	19	$	35		$	6		$	1,357
Purchased credit-impaired	$	82	$	111		$	167		$	546		$	—	$	—		$	1		$	907
Loans:
Ending balance:
Individually evaluated for impairment	$	464	$	—		$	—		$	—		$	—	$	819		$	—		$	1,283
Collectively evaluated for impairment	177,880		39,435			15,504			49,643			3,631		40,056			2,825			328,974
Purchased credit-impaired	128,378		17,541			38,586			25,117			865		—			259			210,746
Total	$	306,722	$	56,976		$	54,090		$	74,760		$	4,496	$	40,875		$	3,084		$	541,003

	Predecessor Company
	Three months ended September 30, 2011
	Commercial Real Estate			Commercial and Industrial			Commercial Construction			Residential Real Estate			Other Consumer			Total
Allowance for loan losses:
Beginning balance	$	8,015		$	2,905		$	7,227		$	4,102		$	70		$	22,319
Charge-offs	(1,723		)	(778		)	(1,534		)	(308		)	(7		)	(4,350		)
Recoveries	37			21			99			22			1			180
Provision for loan losses	1,357			433			1,944			684			34			4,452
Ending balance	$	7,686		$	2,581		$	7,736		$	4,500		$	98		$	22,601

	Predecessor Company
	Nine months ended September 30, 2011
	Commercial Real Estate			Commercial and Industrial			Construction and Development			Residential Real Estate			Consumer			Total
Allowance for loan losses:
Beginning balance	$	5,345		$	2,689		$	9,775		$	2,813		$	80		$	20,702
Charge-offs	(2,394		)	(1,556		)	(7,965		)	(1,314		)	(29		)	(13,258		)
Recoveries	37			83			447			77			2			646
Provision for loan losses	4,698			1,365			5,479			2,924			45			14,511
Ending balance	$	7,686		$	2,581		$	7,736		$	4,500		$	98		$	22,601
Ending balance:
Individually evaluated for impairment	$	18,500		$	3,395		$	30,628		$	13,484		$	33		$	66,040
Collectively evaluated for impairment	$	311,200		$	40,999		$	82,762		$	111,972		$	3,675		$	550,608

The following is a summary of the ending allowance for loans losses and the recorded investment in loans by portfolio segment and based on impairment method at December 31, 2011:

	December 31, 2011
	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Residential Real Estate		Consumer Construction		Home Equity		Other Consumer		Total
Allowance for loan losses:
Ending balance:
Individually evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Collectively evaluated for impairment	$	126	$	30	$	19	$	27	$	2	$	20	$	3	$	227
Purchased credit-impaired	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Loans:
Ending balance:
Individually evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Collectively evaluated for impairment	149,654		12,426		12,276		33,702		7,039		45,886		2,850		263,833
Purchased credit-impaired	160,661		26,675		62,387		32,955		1,422		3,054		450		287,604
Total	$	310,315	$	39,101	$	74,663	$	66,657	$	8,461	$	48,940	$	3,300	$	551,437

Schedule Of Carrying Value Of Loan Portfolio By Internal Risk Ratings Table [Text Block]

Based on the most recent analysis performed, the risk category of loans by class of loans is as follows:

	Pass		Special Mention		Substandard		Doubtful		Total
September 30, 2012
Acquired loans
Commercial:
Real estate	$	184,892	$	40,891	$	13,881	$	—	$	239,664
Commercial and industrial	25,430		1,337		1,671		—		28,438
Construction and development	21,403		17,216		6,166		384		45,169
Consumer:
Residential real estate	44,512		4,177		6,379		131		55,199
Construction and development	2,638		166		425		—		3,229
Home equity	34,469		1,264		2,007		—		37,740
Other consumer	2,077		83		17		—		2,177
Total	$	315,421	$	65,134	$	30,546	$	515	$	411,616
Loans originated by the Successor Company
Commercial:
Real estate	$	67,058	$	—	$	—	$	—	$	67,058
Commercial and industrial	28,513		18		7		—		28,538
Construction and development	5,985		2,598		338		—		8,921
Consumer:
Residential real estate	19,437		124		—		—		19,561
Construction and development	1,267		—		—		—		1,267
Home equity	3,135		—		—		—		3,135
Other consumer	906		1		—		—		907
Total	$	126,301	$	2,741	$	345	$	—	$	129,387

	Pass		Special Mention		Substandard		Doubtful		Total
December 31, 2011
Acquired loans
Commercial:
Real estate	$	253,505	$	34,877	$	13,907	$	379	$	302,668
Commercial and industrial	33,636		2,213		2,259		—		38,108
Construction and development	39,122		22,482		12,402		519		74,525
Consumer:
Residential real estate	51,318		5,155		8,300		145		64,918
Construction and development	7,331		176		758		—		8,265
Home equity	42,766		2,064		3,684		—		48,514
Other consumer	2,795		336		43		—		3,174
Total	$	430,473	$	67,303	$	41,353	$	1,043	$	540,172
Loans originated by the Successor Company
Commercial:
Real estate	$	7,647	$	—	$	—	$	—	$	7,647
Commercial and industrial	894		99		—		—		993
Construction and development	138		—		—		—		138
Consumer:
Residential real estate	1,739		—		—		—		1,739
Construction and development	196		—		—		—		196
Home equity	426		—		—		—		426
Other consumer	126		—		—		—		126
Total	$	11,166	$	99	$	—	$	—	$	11,265

Past Due Financing Receivables [Table Text Block]

The following table presents the aging and accrual status of the loan portfolio at September 30, 2012 and December 31, 2011 by class of loans:

	30 - 89 Days Past Due		Greater than 89 Days Past Due Accruing		Non-accrual		Total Past Due		Loans Not Past Due		Total
September 30, 2012
Acquired loans
Commercial:
Real estate	$	1,757	$	3,408	$	464	$	5,629	$	234,035	$	239,664
Commercial and industrial	610		—		68		678		27,760		28,438
Construction and development	561		2,733		23		3,317		41,852		45,169
Consumer:
Residential real estate	752		1,113		—		1,865		53,334		55,199
Construction and development	132		97		48		277		2,952		3,229
Home equity	671		—		1,080		1,751		35,989		37,740
Other consumer	83		—		5		88		2,089		2,177
Total	$	4,566	$	7,351	$	1,688	$	13,605	$	398,011	$	411,616
Loans originated by the Successor Company
Commercial:
Real estate	$	3,036	$	—	$	—	$	3,036	$	64,022	$	67,058
Commercial and industrial	—		—		7		7		28,531		28,538
Construction and development	—		—		—		—		8,921		8,921
Consumer:
Residential real estate	—		—		—		—		19,561		19,561
Construction and development	—		—		—		—		1,267		1,267
Home equity	—		—		—		—		3,135		3,135
Other consumer	—		—		—		—		907		907
Total	$	3,036	$	—	$	7	$	3,043	$	126,344	$	129,387

	30 - 89 Days Past Due		Greater than  89 Days Past Due Accruing		Non-accrual		Total Past Due		Loans Not  Past Due		Total
December 31, 2011
Acquired loans
Commercial:
Real estate	$	3,878	$	6,101	$	—	$	9,979	$	292,689	$	302,668
Commercial and industrial	925		798		—		1,723		36,385		38,108
Construction and development	4,809		10,328		—		15,137		59,388		74,525
Consumer:
Residential real estate	2,289		4,148		—		6,437		58,481		64,918
Construction and development	652		382		—		1,034		7,231		8,265
Home equity	740		1,128		—		1,868		46,646		48,514
Other Consumer	3		3		—		6		3,168		3,174
Total	$	13,296	$	22,888	$	—	$	36,184	$	503,988	$	540,172

	30 - 89 Days Past Due		Greater than 89 Days Past Due Accruing		Non-accrual		Total Past Due		Loans Not  Past Due		Total
December 31, 2011
Loans originated by the Successor Company:
Commercial:
Real estate	$	—	$	—	$	—	$	—	$	7,647	$	7,647
Commercial and industrial	—		—		—		—		993		993
Construction and development	—		—		—		—		138		138
Consumer:
Residential real estate	—		—		—		—		1,739		1,739
Construction and development	—		—		—		—		196		196
Home equity	—		—		—		—		426		426
Other Consumer	—		—		—		—		126		126
Total	$	—	$	—	$	—	$	—	$	11,265	$	11,265

Schedule Of Allowance For Loans Losses and Recorded Investment In Loans [Table Text Block]

The following table is a summary of impaired loans, which exclude purchased credit-impaired loans, including the related allowance for loan losses at September 30, 2012:

	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial real estate	$	464	$	464	$	—	$	116	$	—
Residential real estate	—		—		—		—		—
Commercial Construction	—		—		—		—		—
Commercial and industrial	—		—		—		—		—
Consumer Construction	—		—		—		—		—
Home equity	819		1,361		—		257		—
Other Consumer	—		—		—		—		—
	1,283		1,825		—		373		—
With an allowance recorded:
Commercial real estate	—		—		—		—		—
Residential real estate	—		—		—		—		—
Commercial Construction	—		—		—		—		—
Commercial and industrial	—		—		—		—		—
Consumer Construction	—		—		—		—		—
Home equity	—		—		—		238		—
Other Consumer	—		—		—		—		—
	—		—		—		238		—
Total impaired loans:
Commercial real estate	464		464		—		116		—
Residential real estate	—		—		—		—		—
Commercial Construction	—		—		—		—		—
Commercial and industrial	—		—		—		—		—
Consumer Construction	—		—		—		—		—
Home equity	819		1,361		—		495		—
Other Consumer	—		—		—		—		—
Total	$	1,283	$	1,825	$	—	$	611	$	—