Loans (Tables)

6 Months Ended

Jun. 30, 2014

Loans [Abstract]

Loan Portfolio Classified by Type and Class

	June 30, 2014
	Originated		Acquired		Total
	(Dollars in thousands)
Commercial:
Commercial & industrial	$	708,773	$	2,142	$	710,915
Owner occupied commercial real estate		139,970		2,514		142,484
Commercial real estate		270,250		11,632		281,882
Construction, land & land development		188,520		171		188,691
		1,307,513		16,459		1,323,972
Consumer:
Residential mortgage		104,529		384		104,913
Other consumer		4,482		335		4,817
		109,011		719		109,730
Total loans held for investment	$	1,416,524	$	17,178	$	1,433,702

	December 31, 2013
		Originated		Acquired		Total
		(Dollars in thousands)
Commercial:
Commercial & industrial	$	674,621	$	6,669	$	681,290
Owner occupied commercial real estate		153,507		3,454		156,961
Commercial real estate		254,838		12,173		267,011
Construction, land & land development		139,867		200		140,067
		1,222,833		22,496		1,245,329
Consumer:
Residential mortgage		105,888		474		106,362
Other consumer		7,296		428		7,724
		113,184		902		114,086
Total loans held for investment	$	1,336,017	$	23,398	$	1,359,415

Loan maturities and rate sensitivity

	June 30, 2014
	Due in One Year or Less		Due After One Year Through Five Years		Due After Five Years		Total
	(Dollars in thousands)
Commercial:
Commercial & industrial	$	239,939	$	425,444	$	45,532	$	710,915
Owner occupied commercial real estate		5,605		84,020		52,859		142,484
Commercial real estate		21,375		201,613		58,894		281,882
Construction, land & land development		16,786		105,251		66,654		188,691
		283,705		816,328		223,939		1,323,972
Consumer:
Residential mortgage		4,321		63,617		36,975		104,913
Other consumer		3,805		975		37		4,817
		8,126		64,592		37,012		109,730
Total loans held for investment	$	291,831	$	880,920	$	260,951	$	1,433,702
Fixed rate	$	28,094	$	226,189	$	58,259	$	312,542
Floating rate		263,737		654,731		202,692		1,121,160
Total loans held for investment	$	291,831	$	880,920	$	260,951	$	1,433,702

Related party loans

	June 30,		December 31,
	2014		2013
	(Dollars in thousands)
Beginning balance	$	-	$	-
Advances		1		-
Repayments		-		-
Ending Balance	$	1	$	-

Acquired loans

	June 30, 2014		December 31, 2013
	(Dollars in thousands)
Credit impaired acquired loans:
Outstanding principal balance	$	7,993	$	8,477
Recorded investment		7,099		7,498
Discount, net	$	894	$	979
Other acquired loans:
Outstanding principal balance		10,218		16,187
Recorded investment		10,079		15,900
Discount, net	$	139	$	287
Total acquired loans:
Outstanding principal balance		18,211		24,664
Recorded investment		17,178		23,398
Discount, net	$	1,033	$	1,266

Accretable Yield For Credit Impaired Acquired Loans

	Six Months Ended June 30,
	2014		2013
	(Dollars in thousands)
Balance at beginning of period	$	603	$	510
Reclassifications from nonaccretable yield		48		95
Accretion		(84)		(58)
Balance at period end	$	567	$	547

Age analysis of loans

	June 30, 2014
	Loans Past Due and Still Accruing
	30 - 89 Days Past Due		90 Days or More Past Due		Total		Nonaccrual		Purchased Credit Impaired		Current		Total Loans
	(Dollars in thousands)
Originated Loans
Commercial:
Commercial & industrial	$	5,942	$	312	$	6,254	$	6,370	$	-	$	696,149	$	708,773
Owner occupied commercial real estate		1,260		258		1,518		-		-		138,452		139,970
Commercial real estate		295		-		295		-		-		269,955		270,250
Construction, land & land development		-		34		34		560		-		187,926		188,520
		7,497		604		8,101		6,930		-		1,292,482		1,307,513
Consumer:
Residential mortgage		80		-		80		1,312		-		103,137		104,529
Other consumer		26		-		26		104		-		4,352		4,482
		106		-		106		1,416		-		107,489		109,011
Total loans held for investment	$	7,603	$	604	$	8,207	$	8,346	$	-	$	1,399,971	$	1,416,524
Acquired Loans
Commercial:
Commercial & industrial	$	162	$	-	$	162	$	-	$	780	$	1,200	$	2,142
Owner occupied commercial real estate		-		-		-		170		1,582		762		2,514
Commercial real estate		-		-		-		608		4,487		6,537		11,632
Construction, land & land development		-		-		-		-		82		89		171
		162		-		162		778		6,931		8,588		16,459
Consumer:
Residential mortgage		-		-		-		-		168		216		384
Other consumer		20		-		20		-		-		315		335
		20		-		20		-		168		531		719
Total loans held for investment	$	182	$	-	$	182	$	778	$	7,099	$	9,119	$	17,178

	December 31, 2013
	Loans Past Due and Still Accruing
	30 - 89 Days Past Due		90 Days or More Past Due		Total		Nonaccrual		Purchased Credit Impaired		Current		Total Loans
	(Dollars in thousands)
Originated Loans
Commercial:
Commercial & industrial	$	4,988	$	-	$	4,988	$	7,345	$	-	$	662,288	$	674,621
Owner occupied commercial real estate		780		536		1,316		-		-		152,191		153,507
Commercial real estate		-		780		780		164		-		253,894		254,838
Construction, land & land development		-		-		-		587		-		139,280		139,867
		5,768		1,316		7,084		8,096		-		1,207,653		1,222,833
Consumer:
Residential mortgage		221		-		221		1,328		-		104,339		105,888
Other consumer		208		-		208		1,284		-		5,804		7,296
		429		-		429		2,612		-		110,143		113,184
Total loans held for investment	$	6,197	$	1,316	$	7,513	$	10,708	$	-	$	1,317,796	$	1,336,017
Acquired Loans
Commercial:
Commercial & industrial	$	-	$	-	$	-	$	-	$	895	$	5,774	$	6,669
Owner occupied commercial real estate		-		-		-		-		1,655		1,799		3,454
Commercial real estate		-		-		-		652		4,676		6,845		12,173
Construction, land & land development		-		-		-		-		96		104		200
		-		-		-		652		7,322		14,522		22,496
Consumer:
Residential mortgage		-		-		-		-		176		298		474
Other consumer		24		-		24		-		-		404		428
		24		-		24		-		176		702		902
Total loans held for investment	$	24	$	-	$	24	$	652	$	7,498	$	15,224	$	23,398

Summary of impaired loans

	June 30,		December 31,
	2014		2013
	(Dollars in thousands)
Nonaccrual loans	$	2,141	$	1,496
Accruing loans past due 90 days or more		604		1,316
Restructured loans - nonaccrual		6,983		9,864
Restructured loans - accruing		3,999		4,072
Total nonperforming loans	$	13,727	$	16,748

Impaired loans, individually evaluated for impairment

	June 30, 2014
	Recorded Investment		Unpaid Principal Balance		Related Allowance
	(Dollars in thousands)
With no related allowance recorded:
Commercial & industrial	$	643	$	643	$	-
Owner occupied commercial real estate		170		170		-
Commercial real estate		3,073		3,088		-
Construction, land & land development		1,754		1,754		-
Residential mortgage		1,312		1,312		-
Other Consumer		163		163		-
With an allowance recorded:
Commercial & industrial	$	5,904	$	5,907	$	2,278
Other Consumer		104		104		104
Total:
Commercial	$	11,544	$	11,562	$	2,278
Consumer		1,579		1,579		104
	$	13,123	$	13,141	$	2,382

	December 31, 2013
	Recorded Investment		Unpaid Principal Balance		Related Allowance
	(Dollars in thousands)
With no related allowance recorded:
Commercial & industrial	$	631	$	631	$	-
Commercial real estate		2,690		2,692		-
Construction, land & land development		1,751		1,751		-
Residential mortgage		1,213		1,213		-
Other Consumer		170		170		-
With an allowance recorded:
Commercial & industrial	$	6,932	$	6,932	$	2,924
Commercial real estate		653		653		45
Residential mortgage		114		114		88
Other Consumer		1,278		1,278		1,278
Total:
Commercial	$	12,657	$	12,659	$	2,969
Consumer		2,775		2,775		1,366
	$	15,432	$	15,434	$	4,335

Credit risk profile of loans

	June 30, 2014
	Commercial & Industrial		Owner Occupied Commercial Real Estate		Commercial Real Estate		Construction & Land Development		Residential Mortgage		Other Consumer		Total
	(Dollars in thousands)
Grade 1	$	3,759	$	-	$	-	$	-	$	289	$	572	$	4,620
Grade 2		11,832		-		-		-		-		-		11,832
Grade 3		155,279		24,602		22,411		12,383		67,734		2,061		284,470
Grade 4		466,695		105,465		244,038		172,794		34,774		1,860		1,025,626
Grade 5		53,646		9,250		6,529		2,842		224		54		72,545
Grade 6		11,009		145		2,599		-		-		124		13,877
Grade 7		1,546		1,270		1,210		30		412		42		4,510
Grade 8		5,827		170		608		560		1,312		104		8,581
Grade 9		542		-		-		-		-		-		542
		710,135		140,902		277,395		188,609		104,745		4,817		1,426,603
Purchased Credit Impaired		780		1,582		4,487		82		168		-		7,099
Total loans	$	710,915	$	142,484	$	281,882	$	188,691	$	104,913	$	4,817	$	1,433,702

	December 31, 2013
	Commercial & Industrial		Owner Occupied Commercial Real Estate		Commercial Real Estate		Construction & Land Development		Residential Mortgage		Other Consumer		Total
	(Dollars in thousands)
Grade 1	$	2,657	$	-	$	-	$	-	$	292	$	548	$	3,497
Grade 2		7,750		-		-		-		-		50		7,800
Grade 3		161,581		26,548		37,750		12,058		71,264		3,785		312,986
Grade 4		474,831		118,070		213,946		124,972		32,735		1,653		966,207
Grade 5		10,970		10,631		8,752		2,323		149		248		33,073
Grade 6		11,790		-		569		-		-		107		12,466
Grade 7		3,471		57		502		31		418		49		4,528
Grade 8		6,106		-		816		587		1,328		6		8,843
Grade 9		1,239		-		-		-		-		1,278		2,517
		680,395		155,306		262,335		139,971		106,186		7,724		1,351,917
Purchased Credit Impaired		895		1,655		4,676		96		176		-		7,498
Total loans	$	681,290	$	156,961	$	267,011	$	140,067	$	106,362	$	7,724	$	1,359,415

Troubled debt restructurings

	Six Months Ended
	June 30, 2014					June 30, 2013
	Number of Contracts	Pre-Modification Outstanding Recorded Investment		Recorded Investment as of June 30, 2014		Number of Contracts	Pre-Modification Outstanding Recorded Investment		Recorded Investment as of June 30, 2013
	(Dollars in thousands)
Commercial & industrial	3	$	545	$	542	5	$	2,737	$	2,776
Commercial real estate	-		-		-	1		2,562		2,562
Construction, land & land development	1		30		30	2		4,671		3,329
Other consumer	1		125		125	1		122		122
Total	5	$	700	$	697	9	$	10,092	$	8,789