XML 80 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Loans Receivable, Net (Tables)
 9 Months Ended
Sep. 30, 2013
Loans Receivables, Net

The following table presents the Company’s loans receivable, net as of:

 

(Dollars in thousands)

September 30,
2013

 

 

December 31,
2012

 

Residential real estate loans:

 

 

 

 

 

 

 

Unpaid principal balance

$

—

  

 

$

  44,904

  

Discount

 

—

  

 

 

(22,695

) 

Recorded investment

 

—

  

 

 

  22,209

  

Allowance for loan losses

 

—

  

 

 

—

  

Total residential real estate loans

 

—

  

 

 

  22,209

  

Commercial real estate loans:

 

 

 

 

 

 

 

Unpaid principal balance

 

  1,560

  

 

 

  1,734

  

Discount

 

(11

) 

 

 

(12

) 

Recorded investment

 

  1,549

  

 

 

  1,722

  

Allowance for loan losses

 

(50

) 

 

 

(50

) 

Total commercial real estate loans

 

  1,499

  

 

 

  1,672

  

Commercial loans:

 

 

 

 

 

 

 

Revolving lines of credit

 

  2,272

  

 

 

—

  

Term note unpaid principal balance

 

  1,000

  

 

 

  1,000

  

Term note discount

 

(446

) 

 

 

(509

) 

Recorded investment

 

  2,826

  

 

 

  491

  

Allowance for loan losses

 

—

  

 

 

—

  

Total commercial loans

 

  2,826

  

 

 

  491

  

Loans receivable, net

$

  4,325

  

 

$

  24,372

  

 
Loans Receivable, Net Due Within One Year

Loans receivable, net due within one year consists of the following as of:

 

(Dollars in thousands)

September 30,
2013

 

  

December 31,
2012

 

Contractual principal payments due within one year(1):

 

 

 

  

 

 

 

Residential real estate loans

$

—

  

  

$

  527

  

Commercial real estate loans

 

  86

  

  

 

  93

  

 

 

  86

  

  

 

  620

  

Revolving lines of credit

 

  2,272

  

  

 

—

  

Loans receivable, net due within one year

$

  2,358

  

  

$

  620

  

 

 

(1)              Excludes loans ninety or more days past due.

Delinquency Information for Loans Receivable

Management monitors delinquencies as its primary credit quality indicator and the following table presents delinquency information for loans receivable as of September 30, 2013 and December 31, 2012, based on recorded investment:

 

(Dollars in thousands)

30‑59 Days
Past Due

 

  

60‑89 Days
Past Due

 

  

90 Days or More
Past Due

 

  

Total
Past Due

 

  

Current

 

  

Total

 

September 30, 2013

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Commercial real estate loans

$

—

  

  

$

—

  

  

$

—

  

  

$

—

  

  

$

  1,549

  

  

$

  1,549

  

Commercial loans:

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Revolving lines of credit

 

—

  

  

 

—

  

  

 

—

  

  

 

—

  

  

 

  2,272

  

  

 

  2,272

  

Term note

 

—

  

  

 

—

  

  

 

—

  

  

 

—

  

  

 

  554

  

  

 

  554

  

Total commercial loans

 

—

  

  

 

—

  

  

 

—

  

  

 

—

  

  

 

  2,826

  

  

 

  2,826

  

Total

$

—

  

  

$

—

  

  

$

—

  

  

$

—

  

  

$

  4,375

  

  

$

  4,375

  

December 31, 2012

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Residential real estate loans

$

  2,457

  

  

$

  569

  

  

$

  2,816

  

  

$

  5,842

  

  

$

  16,367

  

  

$

  22,209

  

Commercial real estate loans

 

—

  

  

 

—

  

  

 

—

  

  

 

—

  

  

 

  1,722

  

  

$

  1,722

  

Commercial loans:

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Revolving lines of credit

 

—

  

  

 

—

  

  

 

—

  

  

 

—

  

  

 

—

  

  

 

—

  

Term note

 

—

  

  

 

—

  

  

 

—

  

  

 

—

  

  

 

  491

  

  

 

  491

  

Total commercial loans

 

—

  

  

 

—

  

  

 

—

  

  

 

—

  

  

 

  491

  

  

 

  491

  

Total

$

  2,457

  

  

$

  569

  

  

$

  2,816

  

  

$

  5,842

  

  

$

  18,580

  

  

$

  24,422