LOANS (Tables)

3 Months Ended

Mar. 31, 2015

LOANS

Schedule of composition of loans

The composition of loans is as follows (dollars in thousands):

	March 31,		December 31,		March 31,
	2015		2014		2014
Commercial real estate	$	310,924	$	315,387	$	267,153
Commercial, financial, and agricultural	99,496		101,895		83,461
One to four family residential real estate	142,283		139,553		104,376
Construction :
Consumer	9,733		9,431		6,383
Commerical	18,019		16,284		10,685
Consumer	17,276		18,385		13,804
Total loans	$	597,731	$	600,935	$	485,862

Schedule of acquired portfolio at acquisition date

The table below details the acquired portfolio at March 31, 2015 (dollars in thousands):

	Acquired			Acquired			Acquired
	Impaired			Non-impaired			Total
Loans acquired - contractual payments	$	12,711		$	53,849		$	66,560
Nonaccretable difference	(1,857		)	—			(1,857		)
Expected cash flows	10,854			53,849			64,703
Accretable yield	(619		)	(1,867		)	(2,486		)
Carrying balance at March 31, 2015	$	10,235		$	51,982		$	62,217

Schedule of the accretable yield by acquisition

The table below presents a rollforward of the accretable yield on acquired loans for the three months ended March 31, 2015 (dollars in thousands):

	Acquired			Acquired			Acquired
	Impaired			Non-impaired			Total
Balance, December 31, 2014	$	744		$	2,042		$	2,611
Accretion	(429		)	(175		)	(440		)
Reclassification from nonaccretable difference	304			—			315
Balance at March 31, 2015	$	619		$	1,867		$	2,486

Schedule of the allowance for loan losses

An analysis of the allowance for loan losses for the three months ended March 31, 2015, the year ended December 31, 2014, and the three months ended March 31, 2014 is as follows (dollars in thousands):

	March 31,			December 31,			March 31,
	2015			2014			2014
Balance at beginning of period	$	5,140		$	4,661		$	4,661
Recoveries on loans previously charged off	93			325			121
Loans charged off	(11		)	(1,046		)	(82		)
Provision	305			1,200			183
Balance at end of period	$	5,527		$	5,140		$	4,883

Schedule of breakdown of the allowance for loan losses and recorded balances in loans

A breakdown of the allowance for loan losses and recorded balances in loans at March 31, 2015 is as follows (dollars in thousands):

				Commercial,						One to four
	Commercial			financial and			Commercial			family residential			Consumer
	real estate			agricultural			construction			real estate			construction			Consumer			Unallocated			Total
Allowance for loan loss reserve:
Beginning balance ALLR	$	2,813		$	1,539		$	142		$	285		$	6		$	13		$	342		$	5,140
Charge-offs	—			—			—			—			—			(11		)	—			(11		)
Recoveries	81			—			—			—			1			11			—			93
Provision	(124		)	814			2			(41		)	(1		)	6			(351		)	305
Ending balance ALLR	$	2,770		$	2,353		$	144		$	244		$	6		$	19		$	(9	)	$	5,527
Loans:
Ending balance	$	310,924		$	99,496		$	18,019		$	142,283		$	9,733		$	17,276					$	597,731
Ending balance ALLR	(2,770		)	(2,353		)	(144		)	(244		)	(6		)	(19		)	(9		)	(5,527		)
Net loans	$	308,154		$	97,143		$	17,875		$	142,039		$	9,727		$	17,257		$	(9	)	$	592,204
Ending balance ALLR:
Individually evaluated	$	792		$	1,380		$	—		$	21		$	—		$	10		$	—		$	2,203
Collectively evaluated	1,978			973			144			223			6			9			(9		)	3,324
Acquired with deteriorated credit quality	—			—			—			—			—			—			—			—
Total	$	2,770		$	2,353		$	144		$	244		$	6		$	19		$	(9	)	$	5,527
Ending balance Loans:
Individually evaluated	$	2,334		$	6,793		$	—		$	271		$	—		$	37		$	—		$	9,435
Collectively evaluated	303,256			92,342			17,613			137,883			9,733			17,234						578,061
Acquired with deteriorated credit quality	5,334			361			406			4,129			—			5			—			10,235
Total	$	310,924		$	99,496		$	18,019		$	142,283		$	9,733		$	17,276		$	—		$	597,731

A breakdown of the allowance for loan losses and recorded balances in loans at December 31, 2014 is as follows (dollars in thousands):

				Commercial,						One to four
	Commercial			financial and			Commercial			family residential			Consumer
	real estate			agricultural			construction			real estate			construction			Consumer			Unallocated			Total
Allowance for loan loss reserve:
Beginning balance ALLR	$	1,849		$	1,378		$	80		$	516		$	25		$	148		$	665		$	4,661
Charge-offs	(19		)	(663		)	—			(290		)	—			(74		)	—			(1,046		)
Recoveries	131			78			50			22			—			44			—			325
Provision	852			746			12			37			(19		)	(105		)	(323		)	1,200
Ending balance ALLR	$	2,813		$	1,539		$	142		$	285		$	6		$	13		$	342		$	5,140
Loans:
Ending balance	$	315,387		$	101,895		$	16,284		$	139,553		$	9,431		$	18,385		$	—		$	600,935
Ending balance ALLR	(2,813		)	(1,539		)	(142		)	(285		)	(6		)	(13		)	(342		)	(5,140		)
Net loans	$	312,574		$	100,356		$	16,142		$	139,268		$	9,425		$	18,372		$	(342	)	$	595,795
Ending balance ALLR:
Individually evaluated	$	704		$	492		$	—		$	19		$	—		$	1		$	—		$	1,216
Collectively evaluated	2,109			1,047			142			266			6			12			342			3,924
Acquired with deteriorated credit quality	—			—			—			—			—			—			—			—
Total	$	2,813		$	1,539		$	142		$	285		$	6		$	13		$	342		$	5,140
Ending balance Loans:
Individually evaluated	$	1,374		$	863		$	—		$	768		$	—		$	72		$	—		$	3,077
Collectively evaluated	308,661			100,330			16,126			134,908			9,216			18,305			—			587,546
Acquired with deteriorated credit quality	5,352			702			158			3,877			215			8			—			10,312
Total	$	315,387		$	101,895		$	16,284		$	139,553		$	9,431		$	18,385		$	—		$	600,935

A breakdown of the allowance for loan losses and recorded balances in loans at March 31, 2014 is as follows (dollars in thousands):

				Commercial,						One to four
	Commercial			financial and			Commercial			family residential			Consumer
	real estate			agricultural			construction			real estate			construction			Consumer			Unallocated			Total
Allowance for loan loss reserve:
Beginning balance ALLR	$	1,849		$	1,378		$	80		$	516		$	25		$	148		$	665		$	4,661
Charge-offs	(1		)	(62		)	—			(3		)	—			(16		)	—			(82		)
Recoveries	54			44			3			6			—			14			—			121
Provision	(146		)	212			(42		)	(128		)	(9		)	(32		)	328			183
Ending balance ALLR	$	1,756		$	1,572		$	41		$	391		$	16		$	114		$	993		$	4,883
Loans:
Ending balance	$	267,153		$	83,461		$	10,685		$	104,376		$	6,383		$	13,804		$	—		$	485,862
Ending balance ALLR	(1,756		)	(1,572		)	(41		)	(391		)	(16		)	(114		)	(993		)	(4,883		)
Net loans	$	265,397		$	81,889		$	10,644		$	103,985		$	6,367		$	13,690		$	(993	)	$	480,979
Ending balance ALLR:
Individually evaluated	$	189		$	1,111		$	—		$	98		$	—		$	8		$	—		$	1,406
Collectively evaluated	1,567			461			41			293			16			106			993			3,477
Total	$	1,756		$	1,572		$	41		$	391		$	16		$	114		$	993		$	4,883
Ending balance Loans:
Individually evaluated	$	610		$	1,748		$	—		$	513		$	—		$	25		$	—		$	2,896
Collectively evaluated	266,543			81,713			10,685			103,863			6,383			13,779			—			482,966
Total	$	267,153		$	83,461		$	10,685		$	104,376		$	6,383		$	13,804		$	—		$	485,862

Schedule of breakdown of loans by risk category

Below is a breakdown of loans by risk category as of March 31, 2015 (dollars in thousands):

							(4)
	(1)		(2)		(3)		Acceptable/		(5)		(6)		(7)		Rating
	Strong		Good		Average		Acceptable Watch		Sp. Mention		Substandard		Doubtful		Unassigned		Total
Commercial real estate	$	2,610	$	27,471	$	128,172	$	144,634	$	—	$	8,037	$	—	$	—	$	310,924
Commercial, financial and agricultural	4,711		4,047		34,255		53,492		—		2,991		—		—		99,496
Commercial construction	110		425		2,618		11,212		—		893		—		2,761		18,019
One to four family residential real estate	415		1,049		3,983		4,078		—		5,449		—		127,309		142,283
Consumer construction	—		—		—		—		—		—		—		9,733		9,733
Consumer	45		23		—		6		—		5		—		17,197		17,276
Total loans	$	7,891	$	33,015	$	169,028	$	213,422	$	—	$	17,375	$	—	$	157,000	$	597,731

Below is a breakdown of loans by risk category as of December 31, 2014 (dollars in thousands):

							(4)
	(1)		(2)		(3)		Acceptable/		(5)		(6)		(7)		Rating
	Strong		Good		Average		Acceptable Watch		Sp. Mention		Substandard		Doubtful		Unassigned		Total
Commercial real estate	$	859	$	28,740	$	129,791	$	147,624	$	—	$	8,373	$	—	$	—	$	315,387
Commercial, financial and agricultural	3,227		4,577		33,794		57,295		—		3,002		—		—		101,895
Commercial construction	80		441		2,282		9,324		—		906		—		3,251		16,284
One-to-four family residential real estate	297		1,074		3,207		5,882		—		5,745		—		123,348		139,553
Consumer construction	—		—		—		—		—		—		—		9,431		9,431
Consumer	53		—		3		10		—		11		—		18,308		18,385
Total loans	$	4,516	$	34,832	$	169,077	$	220,135	$	—	$	18,037	$	—	$	154,338	$	600,935

Below is a breakdown of loans by risk category as of March 31, 2014 (dollars in thousands):

							(4)
	(1)		(2)		(3)		Acceptable/		(5)		(6)		(7)		Rating
	Strong		Good		Average		Acceptable Watch		Sp. Mention		Substandard		Doubtful		Unassigned		Total
Commercial real estate	$	3,039	$	24,678	$	117,113	$	120,167	$	—	$	2,156	$	—	$	—	$	267,153
Commercial, financial and agricultural	3,634		3,388		28,004		45,309		—		3,126		—		—		83,461
Commercial construction	30		463		3,513		2,954		—		402		—		3,323		10,685
One to four family residential real estate	—		3,360		1,246		4,339		—		—		—		95,431		104,376
Consumer construction	—		—		—		—		—		—		—		6,383		6,383
Consumer	—		—		—		25		—		—		—		13,779		13,804
Total loans	$	6,703	$	31,889	$	149,876	$	172,794	$	—	$	5,684	$	—	$	118,916	$	485,862

Schedule of contractually required payments receivable, cash flows expected to be collected, and fair value of the credit impaired Peninsula loans at acquisition date

The following table reflects the contractually required payments receivable, cash flows expected to be collected, and fair value of the credit impaired Peninsula loans at March 31, 2015:

Contractually required payments including interest	$	12,711
Less: nonaccretable difference	(1,857		)
Cash flows expected to be collected	10,854
Less: accretable yield	(619		)
Fair value of credit impaired loans acquired	$	10,235

Summary of impaired loans and their effect on interest income

The following is a summary of impaired loans and their effect on interest income (dollars in thousands):

									Interest Income		Interest Income
	Nonaccrual		Accrual		Average		Related		Recognized		on
	Basis		Basis		Investment		Valuation Reserve		During Impairment		Accrual Basis
March 31, 2015
With no valuation reserve:
Commercial real estate	$	2,248	$	3,537	$	4,888	$	—	$	—	$	16
Commercial, financial and agricultural	72		128		200		—		—		1
Commercial construction	266		110		367		—		—		4
One to four family residential real estate	1,950		2,727		4,635		—		—		25
Consumer construction	23		—		24		—		—		—
Consumer	29		5		—		—		—		—
With a valuation reserve:
Commercial real estate	$	170	$	—	$	379	$	570	$	—	$	5
Commercial, financial and agricultural	6,926		—		2,327		1,517		—		19
Commercial construction	—		—		—		—		—		—
One to four family residential real estate	117		—		15		11		—		2
Consumer construction	—		—		—		—		—		—
Consumer	—		—		—		9		—		—
Total:
Commercial real estate	$	2,418	$	3,537	$	5,267	$	570	$	—	$	21
Commercial, financial and agricultural	6,998		128		2,527		1,517		—		20
Commercial construction	266		110		367		—		—		4
One to four family residential real estate	2,067		2,727		4,650		11		—		27
Consumer construction	23		—		24		—		—		—
Consumer	29		5		—		9		—		—
Total	$	11,801	$	6,507	$	12,835	$	2,107	$	—	$	72

									Interest Income		Interest Income
	Nonaccrual		Accrual		Average		Related		Recognized		on
	Basis		Basis		Investment		Valuation Reserve		During Impairment		Accrual Basis
December 31, 2014
With no valuation reserve:
Commercial real estate	$	632	$	5,352	$	532	$	—	$	—	$	7
Commercial, financial and agricultural	74		702		685		—		—		27
Commercial construction	—		158		11		—		—		—
One to four family residential real estate	1,844		3,877		656		—		—		25
Consumer construction	274		215		15		—		—		—
Consumer	—		8		1		—		—		1
With a valuation reserve:
Commercial real estate	$	227	$	—	$	229	$	227	$	—	$	18
Commercial, financial and agricultural	774		—		1,109		484		—		45
Commercial construction	—		—		—		—		—		—
One to four family residential real estate	114		—		116		9		—		7
Consumer construction	—		—		—		—		—		—
Consumer	—		—		—		—		—		—
Total:
Commercial real estate	$	859	$	5,352	$	761	$	227	$	—	$	25
Commercial, financial and agricultural	848		702		1,794		484		—		72
Commercial construction	—		158		11		—		—		—
One to four family residential real estate	1,958		3,877		772		9		—		32
Consumer construction	274		215		15		—		—		—
Consumer	—		8		1		—		—		1
Total	$	3,939	$	10,312	$	3,354	$	720	$	—	$	130

									Interest Income		Interest Income
	Nonaccrual		Accrual		Average		Related		Recognized		on
	Basis		Basis		Investment		Valuation Reserve		During Impairment		Accrual Basis
March 31, 2014
With no valuation reserve:
Commercial real estate	$	279	$	—	$	322	$	—	$	—	$	4
Commercial, financial and agricultural	142		—		183		—		—		2
Commercial construction	—		—		—		—		—		—
One to four family residential real estate	67		—		235		—		—		3
Consumer construction	—		—		—		—		—		—
Consumer	—		—		9		—		—		—
With a valuation reserve:
Commercial real estate	$	176	$	—	$	176	$	104	$	—	$	4
Commercial, financial and agricultural	588		—		597		271		—		7
Commercial construction	—		—		—		—		—		—
One to four family residential real estate	232		—		215		44		—		4
Consumer construction	—		—		—		—		—		—
Consumer	7		—		8		1		—		—
Total:
Commercial real estate	$	455	$	—	$	498	$	104	$	—	$	8
Commercial, financial and agricultural	730		—		780		271		—		9
Commercial construction	—		—		—		—		—		—
One to four family residential real estate	299		—		450		44		—		7
Consumer construction	—		—		—		—		—		—
Consumer	7		—		17		1		—		—
Total	$	1,491	$	—	$	1,745	$	420	$	—	$	24

Summary of past due loans

A summary of past due loans at March 31, 2015, December 31, 2014 and March 31, 2014 is as follows (dollars in thousands):

	March 31, 2015						December 31, 2014						March 31, 2014
	30-89 days		90+ days				30-89 days		90+ days				30-89 days		90+ days
	Past Due		Past Due/				Past Due		Past Due/				Past Due		Past Due/
	(accruing)		Nonaccrual		Total		(accruing)		Nonaccrual		Total		(accruing)		Nonaccrual		Total
Commercial real estate	$	746	$	2,418	$	3,164	$	1,857	$	859	$	2,716	$	729	$	455	$	1,184
Commercial, financial and agricultural	25		6,998		7,023		104		848		952		18		730		748
Commercial construction	—		266		266		—		—		—		—		—		—
One to four family residential real estate	1,075		2,116		3,191		1,412		1,958		3,370		471		299		770
Consumer construction	273		23		296		38		274		312		—		—		—
Consumer	29		29		58		88		—		88		18		7		25
Total past due loans	$	2,148	$	11,850	$	13,998	$	3,499	$	3,939	$	7,438	$	1,236	$	1,491	$	2,727

Schedule of roll-forward of nonaccrual activity

A roll-forward of nonaccrual activity for the three months ended March 31, 2015 (dollars in thousands):

				Commercial,					One to four
	Commercial			Financial and			Commercial		family residential			Consumer
	Real Estate			Agricultural			Construction		real estate			Construction			Consumer		Total
NONACCRUAL
Beginning balance	$	859		$	848		$	—	$	1,958		$	274		$	—	$	3,939
Principal payments	(75		)	(3		)	—		(21		)	—			—		(99		)
Charge-offs	—			—			—		—			—			—		—
Advances	—			—			—		—			—			—		—
Class transfers	—			—			250		—			(250		)	—		—
Transfers to OREO	—			—			—		(79		)	—			—		(79		)
Transfers to accruing	(419		)	—			—		(60		)	—			—		(479		)
Transfers from accruing	2,030			6,153			—		263			—			29		8,475
Other	23			—			16		6			(1		)	—		44
Ending balance	$	2,418		$	6,998		$	266	$	2,067		$	23		$	29	$	11,801

A roll-forward of nonaccrual activity during the year ended December 31, 2014 (dollars in thousands):

				Commercial,					One to four
	Commercial			Financial and			Commercial		family residential			Consumer
	Real Estate			Agricultural			Construction		real estate			Construction		Consumer			Total
NONACCRUAL
Beginning balance	$	572		$	811		$	—	$	611		$	—	$	30		$	2,024
Principal payments	(104		)	(692		)	—		(35		)	—		(4		)	(835		)
Charge-offs	(18		)	(435		)	—		(206		)	—		(32		)	(691		)
Advances	—			—			—		—			—		—			—
Transfers to OREO	(233		)	—			—		(357		)	—		—			(590		)
Transfers to accruing	—			(10		)	—		(127		)	—		—			(137		)
Transfers from accruing	—			1,167			—		685			—		6			1,858
Acquired impaired loans	632			—			—		1,375			274		—			2,281
Other	10			7			—		12			—		—			29
Ending balance	$	859		$	848		$	—	$	1,958		$	274	$	—		$	3,939

A roll-forward of nonaccrual activity for the three months ended March 31, 2014 (dollars in thousands):

				Commercial,					One to four
	Commercial			Financial and			Commercial		family residential			Consumer
	Real Estate			Agricultural			Construction		real estate			Construction		Consumer			Total
NONACCRUAL
Beginning balance	$	572		$	811		$	—	$	611		$	—	$	30		$	2,024
Principal payments	(99		)	(18		)	—		(7		)	—		(4		)	(128		)
Charge-offs	—			(53		)	—		(3		)	—		(19		)	(75		)
Advances	—			—			—		—			—		—			—
Class transfers	—			—			—		—			—		—			—
Transfers to OREO	(26		)	—			—		(257		)	—		—			(283		)
Transfers to accruing	—			(10		)	—		(127		)	—		—			(137		)
Transfers from accruing	—			—			—		82			—		—			82
Other	8			—			—		—			—		—			8
Ending balance	$	455		$	730		$	—	$	299		$	—	$	7		$	1,491

Summary of troubled debt restructurings

A summary of troubled debt restructurings for the periods indicated is as follows (dollars in thousands):

	Three Months Ended			Year Ended			Three Months Ended
	March 31,			December 31,			March 31,
	2015			2014			2014
	Number of	Recorded		Number of	Recorded		Number of	Recorded
	Modifications	Investment		Modifications	Investment		Modifications	Investment
Commercial real estate	3	$	1,216	—	$	—	—	$	—
Commercial, financial and agricultural	3	268		—	—		—	—
Commercial construction	4	266		—	—		—	—
One to four family residential real estate	20	1,538		—	—		—	—
Consumer construction	—	—		—	—		—	—
Consumer	—	—		—	—		—	—
Total troubled debt restructurings	30	$	3,288	—	$	—	—	$	—

Schedule of roll-forward of troubled debt restructurings

A roll-forward of troubled debt restructuring during the period ended March 31, 2015 (dollars in thousands):

			Commercial,					One to four		Consumer and
	Commercial		Financial and		Commercial			family residential		Consumer
	Real Estate		Agricultural		Construction			real estate		Construction		Total
ACCRUING
Beginning balance	$	1,007	$	1,186	$	852		$	60	$	—	$	3,105
Principal payments	—		—		(3		)	—		—		(3		)
Charge-offs	—		—		—			—		—		—
Advances	—		—		—			—		—		—
New restructured	647		268		—			1,243		—		2,158
Transferred out of TDR	—		—		—			—		—		—
Transfer from nonaccrual	—		—		—			—		—		—
Transfers to nonaccrual	—		—		—			—		—		—
Ending Balance	$	1,654	$	1,454	$	849		$	1,303	$	—	$	5,260
NONACCRUAL
Beginning balance	$	—	$	—	$	—		$	—	$	—	$	—
Principal payments	—		—		—			—		—		—
Charge-offs	—		—		—			—		—		—
Advances	—		—		—			—		—		—
New restructured	569		—		266			295		—		1,130
Transfer to accruing	—		—		—			—		—		—
Transfers from accruing	—		—		—			—		—		—
Ending Balance	$	569	$	—	$	266		$	295	$	—	$	1,130
TOTALS
Beginning balance	$	1,007	$	1,186	$	852		$	60	$	—	$	3,105
Principal payments	—		—		(3		)	—		—		(3		)
Charge-offs	—		—		—			—		—		—
Advances	—		—		—			—		—		—
New restructured	1,216		268		266			1,538		—		3,288
Transfers out of TDRs	—		—		—			—		—		—
Tansfers from nonaccrual	—		—		—			—		—		—
Transfers to accruing	—		—		—			—		—		—
Ending Balance	$	2,223	$	1,454	$	1,115		$	1,598	$	—	$	6,390

A roll-forward of troubled debt restructuring during the year ended December 31, 2014 (dollars in thousands):

				Commercial,						One to four			Consumer and
	Commercial			Financial and			Commercial			family residential			Consumer
	Real Estate			Agricultural			Construction			real estate			Construction		Total
ACCRUING
Beginning balance	$	3,520		$	1,186		$	858		$	99		$	—	$	5,663
Principal payments	(2,513		)	—			(6		)	(4		)	—		(2,523		)
Charge-offs	—			—			—			(37		)	—		(37		)
Advances	—			—			—			—			—		—
New restructured	—			—			—			—			—		—
Transferred out of TDR	—			—			—			91			—		91
Transfers to nonaccrual	—			—			—			(89		)	—		(89		)
Ending Balance	$	1,007		$	1,186		$	852		$	60		$	—	$	3,105
NONACCRUAL
Beginning balance	$	—		$	523		$	—		$	91		$	—	$	614
Principal payments	—			(319		)	—			—			—		(319		)
Charge-offs	—			(204		)	—			(37		)	—		(241		)
Advances	—			—			—			—			—		—
New restructured	—			—			—			—			—		—
Transfers to foreclosed properties	—			—			—			(143		)	—		(143		)
Transfers from accruing	—			—			—			89			—		89
Ending Balance	$	—		$	—		$	—		$	—		$	—	$	—
TOTALS
Beginning balance	$	3,520		$	1,709		$	858		$	190		$	—	$	6,277
Principal payments	(2,513		)	(319		)	(6		)	(4		)	—		(2,842		)
Charge-offs	—			(204		)	—			(74		)	—		(278		)
Advances	—			—			—			—			—		—
New restructured	—			—			—			—			—		—
Transfers out of TDRs	—			—			—			91			—		91
Tansfers to nonaccrual	—			—			—			(89		)	—		(89		)
Transfers to foreclosed properties	—			—			—			(143		)	—		(143		)
Transfers from accruing	—			—			—			89			—		89
Ending Balance	$	1,007		$	1,186		$	852		$	60		$	—	$	3,105

A roll-forward of troubled debt restructuring during the year ended March 31, 2014 (dollars in thousands):

				Commercial,					One to four			Consumer and
	Commercial			Financial and			Commercial		family residential			Consumer
	Real Estate			Agricultural			Construction		real estate			Construction		Total
ACCRUING
Beginning balance	$	3,520		$	1,186		$	858	$	99		$	—	$	5,663
Principal payments	(2,511		)	—			—		(3		)	—		(2,514		)
Charge-offs	—			—			—		—			—		—
Advances	—			—			—		—			—		—
New restructured	—			—			—		—			—		—
Transferred out of TDR	—			—			—		—			—		—
Transfer from nonaccrual	—			—			—		91			—		91
Transfers to nonaccrual	—			—			—		—			—		—
Ending Balance	$	1,009		$	1,186		$	858	$	187		$	—	$	3,240
NONACCRUAL
Beginning balance	$	—		$	523		$	—	$	91		$	—	$	614
Principal payments	—			(15		)	—		—			—		(15		)
Charge-offs	—			—			—		—			—		—
Advances	—			—			—		—			—		—
New restructured	—			—			—		—			—		—
Transfer to accruing	—			—			—		(91		)	—		(91		)
Transfers from accruing	—			—			—		—			—		—
Ending Balance	$	—		$	508		$	—	$	—		$	—	$	508
TOTALS
Beginning balance	$	3,520		$	1,709		$	858	$	190		$	—	$	6,277
Principal payments	(2,511		)	(15		)	—		(3		)	—		(2,529		)
Charge-offs	—			—			—		—			—		—
Advances	—			—			—		—			—		—
New restructured	—			—			—		—			—		—
Transfers out of TDRs	—			—			—		—			—		—
Tansfers from nonaccrual	—			—			—		91			—		91
Transfers to accruing	—			—			—		(91		)	—		(91		)
Ending Balance	$	1,009		$	1,694		$	858	$	187		$	—	$	3,748

Schedule of activity in insider loans granted to the entity's executive officers and directors, including their families and firms

Activity in such loans is summarized below (dollars in thousands):

	March 31,			December 31,			March 31,
	2015			2014			2014
Loans outstanding, beginning of period	$	8,789		$	9,043		$	9,043
New loans	—			33			—
Net activity on revolving lines of credit	117			1,390			760
Repayment	(2,412		)	(1,677		)	(1,436		)
Loans outstanding, end of period	$	6,494		$	8,789		$	8,367