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Trade, Other and Loans Receivable (Tables)
 6 Months Ended
Jun. 30, 2015
Receivables [Abstract]  
Trade and Other Receivables
Trade and Other Receivables, Net
 
June 30,
2015
 
December 31,
2014
Trade accounts receivable net of allowance for
doubtful accounts of $2,009 in 2015 and $2,149 in 2014
$
130,812

 
$
85,553

Other receivables
4,634

 
1,887

Total
$
135,446

 
$
87,440


Loans Receivable

    Major classification of WebBank’s loans receivable at June 30, 2015 and December 31, 2014 are as follows:
 
Total
 
Current
 
Non-current
 
June 30, 2015
 
%
 
December 31, 2014
 
%
 
June 30, 2015
 
December 31, 2014
 
June 30, 2015
 
December 31, 2014
Loans held for sale
$
84,168

 
52
%
 
$
40,886

 
35
%
 
$
84,168

 
$
40,886

 
$
—

 
$
—

Real estate loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial – owner occupied
$
1,596

 
1
%
 
$
1,650

 
1
%
 
99

 
96

 
$
1,497

 
1,554

Commercial – other
282

 
—
%
 
264

 
—
%
 
—

 
—

 
282

 
264

Total real estate loans
1,878

 
1
%
 
1,914

 
1
%
 
99

 
96

 
1,779

 
1,818

Commercial and industrial
74,775

 
47
%
 
75,706

 
64
%
 
1,226

 
1,142

 
73,549

 
74,564

Total loans
76,653

 
48
%
 
77,620

 
65
%
 
1,325

 
1,238

 
75,328

 
76,382

Less:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deferred fees and discounts
(17
)
 
 
 
(20
)
 
 
 
(17
)
 
(20
)
 
—

 
—

Allowance for loan losses
(624
)
 
 
 
(557
)
 
 
 
(624
)
 
(557
)
 
—

 
—

Total loans receivable, net
$
76,012

 
 
 
$
77,043

 
 
 
684

 
661

 
75,328

 
76,382

Loans receivable, including loans held for sale (a)


 
 
 


 
 
 
$
84,852

 
$
41,547

 
$
75,328

 
$
76,382

(a) The carrying value is considered to be representative of fair value because the rates of interest are not significantly different from market interest rates for instruments with similar maturities. The fair value of loans receivable, including loans held for sale, net was $160,355 and $117,346 at June 30, 2015 and December 31, 2014, respectively.
Allowance for Loan and Lease Losses
Changes in the allowance for loan losses are summarized as follows:
 
 
Real Estate
 
 
 
 
 
 
Commercial - Owner Occupied
 
Commercial - Other
 
Commercial & Industrial
 
Total
March 31, 2014
 
$
35

 
$
28

 
$
346

 
$
409

Charge-offs
 
—

 
—

 
—

 
—

Recoveries
 
1

 
11

 
6

 
18

Provision
 
(2
)
 
(9
)
 
(54
)
 
(65
)
June 30, 2014
 
34

 
30

 
298

 
362

 
 
 
 
 
 
 
 
 
March 31, 2015
 
60

 
11

 
567

 
638

Charge-offs
 
—

 
—

 
—

 
—

Recoveries
 
2

 
11

 
5

 
18

Provision
 
(15
)
 
(12
)
 
(5
)
 
(32
)
June 30, 2015
 
$
47

 
$
10

 
$
567

 
$
624


 
 
Real Estate
 
 
 
 
 
 
Commercial - Owner Occupied
 
Commercial - Other
 
Commercial & Industrial
 
Total
December 31, 2013
 
$
77

 
$
28

 
$
319

 
$
424

Charge-offs
 
—

 
—

 
(3
)
 
(3
)
Recoveries
 
63

 
18

 
14

 
95

Provision
 
(106
)
 
(16
)
 
(32
)
 
(154
)
June 30, 2014
 
$
34

 
$
30

 
298

 
$
362

December 31, 2014
 
$
64

 
$
12

 
$
481

 
$
557

Charge-offs
 
—

 
—

 
—

 
—

Recoveries
 
3

 
22

 
12

 
37

Provision
 
(20
)
 
(24
)
 
74

 
30

June 30, 2015
 
$
47

 
$
10

 
$
567

 
$
624


The ALLL and outstanding loan balances according to the Company’s impairment method are summarized as follows:
 
 
Real Estate
 
 
 
 
June 30, 2015
 
Commercial - Owner Occupied
 
Commercial - Other
 
Commercial & Industrial
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
—

 
$
—

 
$
57

 
$
57

Collectively evaluated for impairment
 
47

 
10

 
510

 
567

Total
 
$
47

 
$
10

 
$
567

 
$
624

Outstanding Loan balances:
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
378

 
$
—

 
$
85

 
$
463

Collectively evaluated for impairment
 
1,218

 
282

 
74,690

 
76,190

Total
 
$
1,596

 
$
282

 
$
74,775

 
$
76,653


 
 
Real Estate
 
 
 
 
December 31, 2014
 
Commercial - Owner Occupied
 
Commercial - Other
 
Commercial & Industrial
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
—

 
$
—

 
$
52

 
$
52

Collectively evaluated for impairment
 
64

 
12

 
429

 
505

Total
 
$
64

 
$
12

 
$
481

 
$
557

Outstanding Loan balances:
 
 
 
 
 
 
 
 
Individually evaluated for impairment (1)
 
$
374

 
$
—

 
$
84

 
$
458

Collectively evaluated for impairment
 
1,276

 
264

 
75,622

 
77,162

Total
 
$
1,650

 
$
264

 
$
75,706

 
$
77,620



(1) $4 is guaranteed by the USDA or SBA.
Past Due Loans (Accruing and Nonaccruing)
Nonaccrual loans are summarized as follows:
 
June 30,
2015
 
December 31,
2014
Real Estate Loans:
 
 
 
Commercial - Owner Occupied
$
360

 
$
374

Total Real Estate Loans
360

 
374

Commercial and Industrial
16

 
16

Total Loans
$
376

 
$
390


Past due loans (accruing and nonaccruing) are summarized as follows:
June 30, 2015
 
Current
 
30-89 days
past due
 
90+ days
past due
 
Total
past due
 
Total
loans
 
Recorded
investment
in accruing
loans 90+
days past due
 
Nonaccrual
loans
that are
current (1)
Real Estate Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial - Owner Occupied
 
$
1,218

 
$
375

 
$
3

 
$
378

 
$
1,596

 
$
—

 
$
—

Commercial - Other
 
282

 
—

 
—

 
—

 
282

 
—

 
—

Total Real Estate Loans
 
1,500

 
375

 
3

 
378

 
1,878

 
—

 
—

Commercial and Industrial
 
74,709

 
—

 
66

 
66

 
74,775

 
50

 
—

Total Loans
 
$
76,209

 
$
375

 
$
69

 
$
444

 
$
76,653

 
$
50

 
$
—

(1) Represents nonaccrual loans that are not past due more than 30 days; however, full payment of principal and interest is still not expected.
December 31, 2014
 
Current
 
30-89 days
past due
 
90+ days
past due
 
Total
past due (2)
 
Total
loans
 
Recorded
investment
in accruing
loans 90+
days past due
 
Nonaccrual
loans
that are
current (1)
Real Estate Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial - Owner Occupied
 
$
1,228

 
$
49

 
$
373

 
$
422

 
$
1,650

 
$
—

 
$
—

Commercial - Other
 
264

 
—

 
—

 
—

 
264

 
—

 
—

Total Real Estate Loans
 
1,492

 
49

 
373

 
422

 
1,914

 
—

 
—

Commercial and Industrial
 
75,635

 
3

 
68

 
71

 
75,706

 
52

 
—

Total Loans
 
$
77,127

 
$
52

 
$
441

 
$
493

 
$
77,620

 
$
52

 
$
—


(1) Represents nonaccrual loans that are not past due more than 30 days; however, full payment of principal and interest is still not expected.
(2) $4 is guaranteed by the USDA or SBA.
Outstanding Loans (Accruing and Nonaccruing)
Outstanding loan balances (accruing and nonaccruing) categorized by these credit quality indicators are summarized as follows:
June 30, 2015
 
Pass
 
Special
Mention
 
Sub-
standard
 
Doubtful
 
Total loans
Real Estate Loans:
 
 
 
 
 
 
 
 
 
 
Commercial - Owner Occupied
 
$
1,218

 
$
—

 
$
378

 
$
—

 
$
1,596

Commercial - Other
 
282

 
—

 
—

 
—

 
282

Total Real Estate Loans
 
1,500

 
—

 
378

 
—

 
1,878

Commercial and Industrial
 
73,511

 
1,179

 
85

 
—

 
74,775

Total Loans
 
$
75,011

 
$
1,179

 
$
463

 
$
—

 
$
76,653



December 31, 2014
 
Pass
 
Special
Mention
 
Sub-
standard (1)
 
Doubtful
 
Total loans
Real Estate Loans:
 
 
 
 
 
 
 
 
 
 
Commercial - Owner Occupied
 
$
1,258

 
$
19

 
$
373

 
$
—

 
$
1,650

Commercial - Other
 
264

 
—

 
—

 
—

 
264

Total Real Estate Loans
 
1,522

 
19

 
373

 
—

 
1,914

Commercial and Industrial
 
74,439

 
1,183

 
84

 
—

 
75,706

Total Loans
 
$
75,961

 
$
1,202

 
$
457

 
$
—

 
$
77,620

(1) $4 is guaranteed by the USDA or SBA.
Impaired Loans
Information on impaired loans is summarized as follows:
 
 
 
 
Recorded investment
 
 
 
 
 
 
June 30, 2015
 
Unpaid principle
balance
 
with no
allowance
 
with
allowance
 
Total recorded
investment
 
Related
Allowance
 
Average recorded
investment
Real Estate Loans:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial - Owner Occupied
 
$
435

 
$
360

 
$
18

 
$
378

 
$
1

 
$
274

Total Real Estate Loans
 
435

 
360

 
18

 
378

 
1

 
274

Commercial and Industrial
 
194

 
27

 
56

 
83

 
57

 
63

Total Loans
 
$
629

 
$
387

 
$
74

 
$
461

 
$
58

 
$
337



 
 
 
 
Recorded investment
 
 
 
 
 
 
December 31, 2014
 
Unpaid principle
balance
 
with no
allowance
 
with
allowance
 
Total recorded
investment (1)
 
Related
Allowance
 
Average recorded
investment
Real Estate Loans:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial - Owner Occupied
 
$
430

 
$
374

 
$
—

 
$
374

 
$
—

 
$
750

Total Real Estate Loans
 
430

 
374

 
—

 
374

 
—

 
750

Commercial and Industrial
 
193

 
28

 
56

 
84

 
52

 
131

Total Loans
 
$
623

 
$
402

 
$
56

 
$
458

 
$
52

 
$
881


(1)$4 is guaranteed by the USDA or SBA.