Allowance For Loan Losses

6 Months Ended

Jun. 30, 2015

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES

8. ALLOWANCE FOR LOAN LOSSES

An analysis of activity in the allowance for loan losses for the periods indicated, and the balance of loans receivable by the method of impairment evaluation for those periods were as follows:

	Commercial & Industrial		Owner Occupied Commercial Real Estate		Commercial Real Estate		Construction & Land Development		Residential Mortgage		Consumer and Other		Total
	(Dollars in thousands)
Allowance for loan losses:
For the Three Months
Balance - April 1, 2015	$	8,640	$	1,308	$	3,866	$	2,469	$	1,055	$	204	$	17,542
Charge-offs		(1,227)		-		-		-		-		(12)		(1,239)
Recoveries		1,163		-		-		-		6		15		1,184
Provision		(113)		133		425		366		(171)		165		805
Balance - June 30, 2015	$	8,463	$	1,441	$	4,291	$	2,835	$	890	$	372	$	18,292
For the Six Months
Balance - January 1, 2015	$	8,145	$	974	$	2,942	$	2,633	$	645	$	266	$	15,605
Charge-offs		(1,304)		-		-		-		-		(117)		(1,421)
Recoveries		1,760		-		1		-		18		19		1,798
Provision		(138)		467		1,348		202		227		204		2,310
Balance - June 30, 2015	$	8,463	$	1,441	$	4,291	$	2,835	$	890	$	372	$	18,292
As of June 30, 2015
Allowance for loan losses:
Collectively evaluated for impairment	$	7,913	$	1,438	$	4,137	$	2,723	$	831	$	370	$	17,412
Individually evaluated for impairment		516		-		-		103		59		2		680
Purchased credit impaired		34		3		154		9		-		-		200
Total allowance for loan losses	$	8,463	$	1,441	$	4,291	$	2,835	$	890	$	372	$	18,292
Loans receivable:
Collectively evaluated for impairment	$	790,545	$	173,978	$	378,808	$	289,916	$	230,483	$	14,297	$	1,878,027
Individually evaluated for impairment		3,636		1,429		532		502		545		151		6,795
Purchased credit impaired		1,302		1,046		4,523		51		2,998		-		9,920
Total loans evaluated for impairment	$	795,483	$	176,453	$	383,863	$	290,469	$	234,026	$	14,448	$	1,894,742

	Commercial & Industrial		Owner Occupied Commercial Real Estate		Commercial Real Estate		Construction & Land Development		Residential Mortgage		Consumer and Other		Total
	(Dollars in thousands)
Allowance for loan losses:
For the Year
Balance - January 1, 2014	$	10,196	$	874	$	2,216	$	1,103	$	654	$	1,318	$	16,361
Charge-offs		(2,927)		-		-		-		-		(1,297)		(4,224)
Recoveries		118		14		1		-		20		622		775
Provision		758		86		725		1,530		(29)		(377)		2,693
Balance - December 31, 2014	$	8,145	$	974	$	2,942	$	2,633	$	645	$	266	$	15,605
As of December 31, 2014
Allowance for loan losses:
Collectively evaluated for impairment	$	7,772	$	971	$	2,789	$	2,622	$	645	$	171	$	14,970
Individually evaluated for impairment		373		-		-		-		-		95		468
Purchased credit impaired		-		3		153		11		-		-		167
Total allowance for loan losses	$	8,145	$	974	$	2,942	$	2,633	$	645	$	266	$	15,605
Loans receivable:
Collectively evaluated for impairment	$	784,052	$	162,171	$	329,239	$	239,625	$	252,648	$	10,165	$	1,777,900
Individually evaluated for impairment		1,926		173		2,506		969		1,277		250		7,101
Purchased credit impaired		2,432		1,248		7,261		72		3,141		-		14,154
Total loans evaluated for impairment	$	788,410	$	163,592	$	339,006	$	240,666	$	257,066	$	10,415	$	1,799,155

	Commercial & Industrial		Owner Occupied Commercial Real Estate		Commercial Real Estate		Construction & Land Development		Residential Mortgage		Consumer and Other		Total
	(Dollars in thousands)
Allowance for loan losses:
For the Three Months
Balance - April 1, 2014	$	9,478	$	792	$	2,716	$	1,079	$	723	$	331	$	15,119
Charge-offs		(50)		-		-		-		-		(4)		(54)
Recoveries		6		14		-		-		5		615		640
Provision		559		(15)		(107)		396		(104)		(729)		-
Balance - June 30, 2014	$	9,993	$	791	$	2,609	$	1,475	$	624	$	213	$	15,705
For the Six Months
Balance - January 1, 2014	$	10,196	$	874	$	2,216	$	1,103	$	654	$	1,318	$	16,361
Charge-offs		(1,288)		-		-		-		-		(1,285)		(2,573)
Recoveries		55		14		1		-		8		616		694
Provision		1,030		(97)		392		372		(38)		(436)		1,223
Balance - June 30, 2014	$	9,993	$	791	$	2,609	$	1,475	$	624	$	213	$	15,705
As of June 30, 2014
Allowance for loan losses:
Collectively evaluated for impairment	$	7,714	$	789	$	2,458	$	1,457	$	624	$	110	$	13,152
Individually evaluated for impairment		2,279		-		-		-		-		103		2,382
Purchased credit impaired		-		2		151		18		-		-		171
Total allowance for loan losses	$	9,993	$	791	$	2,609	$	1,475	$	624	$	213	$	15,705
Loans receivable:
Collectively evaluated for impairment	$	703,588	$	140,732	$	274,322	$	186,855	$	103,433	$	4,550	$	1,413,480
Individually evaluated for impairment		6,547		170		3,073		1,754		1,312		267		13,123
Purchased credit impaired		780		1,582		4,487		82		168		-		7,099
Total loans evaluated for impairment	$	710,915	$	142,484	$	281,882	$	188,691	$	104,913	$	4,817	$	1,433,702