Loans (Tables)

3 Months Ended

Mar. 31, 2014

Loans [Abstract]

Composition of Loan Portfolio by Loan Classification

	March 31, 2014			December 31, 2013
	(dollars in thousands)
Commercial & industrial loans	$	49,441		$	48,060
Real estate construction and land
Residential construction		937			794
Other construction and land		18,068			17,667
Total construction and land		19,005			18,461
Real estate mortgage:
1-4 family		53,575			54,300
Home equity loans		28,494			29,612
Multifamily mortgages		18,961			22,560
Commercial owner occupied		56,877			58,802
Commercial non-owner occupied		52,181			54,635
Total real estate mortgage		210,088			219,909
Consumer
Consumer revolving credit		2,042			2,254
Consumer all other credit		11,482			11,350
Total consumer loans		13,524			13,604
Total loans		292,058			300,034
Less: Allowance for loan losses		(3,373	)		(3,360	)
Net loans	$	288,685		$	296,674

Schedule of Loans Classified as Impaired Loans

March 31, 2014			Unpaid				Average		Interest
	Recorded		Principal		Associated		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
	(dollars in thousands)
Impaired loans without a valuation allowance:
Other real estate construction and land	$	102	$	137	$	-	$	84	$	-
1-4 family residential mortgages		430		527		-		333		2
Home equity loans		35		35		-		12		-
Commercial owner occupied real estate		1,134		1,134		-		1,140		12
Commercial non-owner occupied real estate		138		164		-		138		-
Impaired loans with a valuation allowance		-		-		-		-		-
Total impaired loans	$	1,839	$	1,997	$	-	$	1,707	$	14
December 31, 2013			Unpaid				Average		Interest
	Recorded		Principal		Associated		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
	(dollars in thousands)
Impaired loans without a valuation allowance:
Other real estate construction and land	$	77	$	110	$	-	$	81	$	-
1-4 family residential mortgages		285		380		-		293		11
Commercial owner occupied real estate		1,144		1,144		-		1,414		50
Commercial non-owner occupied real estate		230		274		-		202		-
Impaired loans with a valuation allowance		-		-		-		-		-
Total impaired loans	$	1,736	$	1,908	$	-	$	1,990	$	61

Schedule of Impaired Loans Classified as Non-Accruals by Class

	March 31, 2014		December 31, 2013
	(dollars in thousands)
Other real estate construction and land	$	102	$	77
1-4 family residential mortgages		206		60
Home equity loans		35		-
Commercial non-owner occupied real estate		138		230
Total non-accrual loans	$	481	$	367

Summary of Modified Loans

Troubled Debt Restructuring (TDRs)	March 31, 2014			December 31, 2013
(dollars in thousands)	No. of	Recorded		No. of	Recorded
	Loans	Investment		Loans	Investment
Performing TDRs
1-4 family residential mortgages	1	$	224	1	$	225
Commercial owner occupied real estate	1		1,134	1		1,144
Total performing TDRs	2	$	1,358	2	$	1,369
Nonperforming TDRs
1-4 family residential mortgages	-	$	-	-	$	-
Commercial owner occupied real estate	-		-	-		-
Total nonperforming TDRs	-	$	-	-	$	-
Total TDRs	2	$	1,358	2	$	1,369

Schedule of Troubled Debt Restructuring That Subsequently Defaulted

	For three months ended			For three months ended
(dollars in thousands)	March 31, 2014			March 31, 2013
	No. of	Recorded		No. of	Recorded
	Loans	Investment		Loans	Investment
1-4 family residential mortgages	-	$	-	1	$	65
Commercial owner occupied real estate	-		-	1		183
Total	-	$	-	2	$	248