ALLOWANCE FOR LOAN LOSSES (Tables)

9 Months Ended

Sep. 30, 2016

Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]

Analysis of Allowance for Loan Losses

An analysis of the allowance for loan losses for the three and nine month periods ended September 30, 2016 and 2015 is as follows:

Allowance for Loan Losses:	For the three months ended September 30, 2016
	Beginning Balance		Charge-offs		Recoveries		Provisions (Credits)			Ending Balance
	(amounts in thousands)
Commercial and Industrial	$	870	$	—	$	7	$	24		$	901
Real Estate Construction:
Residential	252		—		—		27			279
Commercial	2,512		—		—		53			2,565
Real Estate Mortgage:
Commercial – Owner Occupied	1,686		—		—		319			2,005
Commercial – Non-owner Occupied	3,923		—		—		(78		)	3,845
Residential – 1 to 4 Family	4,222		—		2		355			4,579
Residential – Multifamily	452		—		—		10			462
Consumer	248		—		—		(10		)	238
Total	$	14,165	$	—	$	9	$	700		$	14,874

Allowance for Loan Losses:	For the three months ended September 30, 2015
	Beginning Balance		Charge-offs			Recoveries		Provisions (Credits)			Ending Balance
	(amounts in thousands)
Commercial and Industrial	$	2,357	$	(1,254	)	$	—	$	108		$	1,211
Real Estate Construction:
Residential	197		—			—		24			221
Commercial	1,665		(365		)	—		703			2,003
Real Estate Mortgage:
Commercial – Owner Occupied	2,999		—			—		275			3,274
Commercial – Non-owner Occupied	5,471		(257		)	—		(528		)	4,686
Residential – 1 to 4 Family	3,861		(284		)	1		732			4,310
Residential – Multifamily	271		—			—		11			282
Consumer	158		—			—		125			283
Total	$	16,979	$	(2,160	)	$	1	$	1,450		$	16,270

Allowance for Loan Losses:	For the nine months ended September 30, 2016
	Beginning Balance		Charge-offs			Recoveries		Provisions (Credits) *			Ending Balance
	(amounts in thousands)
Commercial and Industrial	$	952	$	(76	)	$	8	$	17		$	901
Real Estate Construction:
Residential	247		—			—		32			279
Commercial	2,501		(1,081		)	—		1,145			2,565
Real Estate Mortgage:
Commercial – Owner Occupied	3,267		—			—		(1,262		)	2,005
Commercial – Non-owner Occupied	3,838		(154		)	—		161			3,845
Residential – 1 to 4 Family	4,802		(698		)	22		453			4,579
Residential – Multifamily	254		(45		)	—		253			462
Consumer	275		—			—		(37		)	238
Total	$	16,136	$	(2,054	)	$	30	$	762		$	14,874

* Includes $2,450 in provision for loan losses and $1,688 credit related to the sale of the SBA loan portfolio.

Allowance for Loan Losses:	For the nine months ended September 30, 2015
	Beginning Balance		Charge-offs			Recoveries		Provisions (Credits)			Ending Balance
	(amounts in thousands)
Commercial and Industrial	$	1,679	$	(1,254	)	$	32	$	754		$	1,211
Real Estate Construction:
Residential	316		(238		)	—		143			221
Commercial	3,015		(2,745		)	—		1,733			2,003
Real Estate Mortgage:
Commercial – Owner Occupied	3,296		—			10		(32		)	3,274
Commercial – Non-owner Occupied	4,962		(638		)	398		(36		)	4,686
Residential – 1 to 4 Family	4,156		(412		)	34		532			4,310
Residential – Multifamily	357		—			—		(75		)	282
Consumer	262		—			—		21			283
Total	$	18,043	$	(5,287	)	$	474	$	3,040		$	16,270

Allowance for Loan Losses, at    September 30, 2016	Individually evaluated for impairment		Collectively evaluated for impairment		Total
	(amounts in thousands)
Commercial and Industrial	$	—	$	901	$	901
Real Estate Construction:
Residential	—		279		279
Commercial	163		2,402		2,565
Real Estate Mortgage:
Commercial – Owner Occupied	319		1,686		2,005
Commercial – Non-owner Occupied	228		3,617		3,845
Residential – 1 to 4 Family	39		4,540		4,579
Residential – Multifamily	—		462		462
Consumer	6		232		238
Total	$	755	$	14,119	$	14,874

Allowance for Loan Losses, at    December 31, 2015	Individually evaluated for impairment		Collectively evaluated for impairment		Total
	(amounts in thousands)
Commercial and Industrial	$	67	$	885	$	952
Real Estate Construction:
Residential	—		247		247
Commercial	1,149		1,352		2,501
Real Estate Mortgage:
Commercial – Owner Occupied	73		3,194		3,267
Commercial – Non-owner Occupied	486		3,352		3,838
Residential – 1 to 4 Family	709		4,093		4,802
Residential – Multifamily	5		249		254
Consumer	—		275		275
Total	$	2,489	$	13,647	$	16,136

Loans, at September 30, 2016:	Individually evaluated for impairment		Collectively evaluated for impairment		Total
	(amounts in thousands)
Commercial and Industrial	$	243	$	23,981	$	24,224
Real Estate Construction:
Residential	—		8,929		8,929
Commercial	9,091		50,192		59,283
Real Estate Mortgage:
Commercial – Owner Occupied	4,886		122,717		127,603
Commercial – Non-owner Occupied	19,062		247,049		266,111
Residential – 1 to 4 Family	3,580		275,001		278,581
Residential – Multifamily	308		35,974		36,282
Consumer	36		16,354		16,390
Total	$	37,206	$	780,197	$	817,403

Loans, at December 31, 2015:	Individually evaluated for impairment		Collectively evaluated for impairment		Total
	(amounts in thousands)
Commercial and Industrial	$	1,183	$	25,957	$	27,140
Real Estate Construction:
Residential	—		7,750		7,750
Commercial	7,116		38,129		45,245
Real Estate Mortgage:
Commercial – Owner Occupied	4,699		167,341		172,040
Commercial – Non-owner Occupied	24,584		231,887		256,471
Residential – 1 to 4 Family	4,284		208,982		213,266
Residential – Multifamily	356		17,757		18,113
Consumer	—		18,476		18,476
Total	$	42,222	$	716,279	$	758,501