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Loans (Tables)
 9 Months Ended
Sep. 30, 2012
Loans [Abstract]  
Analysis of allowance for loan losses by portfolio segment
An analysis of the allowance for loan losses by portfolio segment for the three months ended September 30, follows:

            
Payment
       
            
Plan
       
   
Commercial
  
Mortgage
  
Installment
  
Receivables
  
Unallocated
  
Total
 
   
(In thousands)
 
2012
                  
Balance at beginning of period
 $15,476  $21,271  $4,981  $195  $9,423  $51,346 
Additions (deductions)
                        
Provision for loan losses
  18   1,839   (849)  (17)  (740)  251 
Recoveries credited to allowance
  782   303   287   -   -   1,372 
Loans charged against the allowance
  (2,619)  (1,720)  (793)  13   -   (5,119)
Reclassification to loans held for sale
  16   136   133   -   (114)  171 
Balance at end of period
 $13,673  $21,829  $3,759  $191  $8,569  $48,021 
                          
2011
                        
Balance at beginning of period
 $17,697  $23,152  $6,289  $346  $13,035  $60,519 
Additions (deductions)
                        
Provision for loan losses
  3,335   2,642   693   6   (505)  6,171 
Recoveries credited to allowance
  229   247   421   1   -   898 
Loans charged against the allowance
  (4,330)  (3,254)  (1,131)  (53)  -   (8,768)
Balance at end of period
 $16,931  $22,787  $6,272  $300  $12,530  $58,820 
 
 
 
An analysis of the allowance for loan losses by portfolio segment for the nine months ended September 30, follows:

            
Payment
       
            
Plan
       
   
Commercial
  
Mortgage
  
Installment
  
Receivables
  
Unallocated
  
Total
 
   
(In thousands)
 
2012
                  
Balance at beginning of period
 $18,183  $22,885  $6,146  $197  $11,473  $58,884 
Additions (deductions)
                        
Provision for loan losses
  2,708   6,644   (331)  6   (2,589)  6,438 
Recoveries credited to allowance
  2,178   1,423   1,002   -   -   4,603 
Loans charged against the allowance
  (9,242)  (9,067)  (2,973)  (12)  -   (21,294)
Reclassification to loans held for sale
  (154)  (56)  (85)  -   (315)  (610)
Balance at end of period
 $13,673  $21,829  $3,759  $191  $8,569  $48,021 
                          
2011
                        
Balance at beginning of period
 $23,836  $22,642  $6,769  $389  $14,279  $67,915 
Additions (deductions)
                        
Provision for loan losses
  9,378   10,975   2,374   51   (1,749)  21,029 
Recoveries credited to allowance
  960   987   1,128   5   -   3,080 
Loans charged against the allowance
  (17,243)  (11,817)  (3,999)  (145)  -   (33,204)
Balance at end of period
 $16,931  $22,787  $6,272  $300  $12,530  $58,820 
Allowance for loan losses and recorded investment in loans by portfolio segment
  Allowance for loan losses and recorded investment in loans by portfolio segment follows:

            
Payment
       
            
Plan
       
   
Commercial
  
Mortgage
  
Installment
  
Receivables
  
Unallocated
  
Total
 
   
(In thousands)
 
September 30, 2012
                  
Allowance for loan losses:
                  
Individually evaluated for impairment
 $8,368  $13,094  $1,597  $-  $-  $23,059 
Collectively evaluated for impairment
  5,305   8,735   2,162   191   8,569   24,962 
Total ending allowance balance
 $13,673  $21,829  $3,759  $191  $8,569  $48,021 
                          
Loans
                        
Individually evaluated for impairment
 $63,711  $90,580  $7,505  $-      $161,796 
Collectively evaluated for impairment
  541,588   449,084   191,011   93,608       1,275,291 
Total loans recorded investment
  605,299   539,664   198,516   93,608       1,437,087 
Accrued interest included in recorded investment
  1,761   2,557   780   -       5,098 
Total loans
 $603,538  $537,107  $197,736  $93,608      $1,431,989 
                          
December 31, 2011
                        
Allowance for loan losses:
                        
Individually evaluated for impairment
 $10,252  $10,285  $1,762  $-  $-  $22,299 
Collectively evaluated for impairment
  7,931   12,600   4,384   197   11,473   36,585 
Total ending allowance balance
 $18,183  $22,885  $6,146  $197  $11,473  $58,884 
                          
Loans
                        
Individually evaluated for impairment
 $58,674  $93,702  $7,554  $-      $159,930 
Collectively evaluated for impairment
  594,665   499,919   212,907   115,018       1,422,509 
Total loans recorded investment
  653,339   593,621   220,461   115,018       1,582,439 
Accrued interest included in recorded investment
  2,184   2,745   902   -       5,831 
Total loans
 $651,155  $590,876  $219,559  $115,018      $1,576,608 
Loans on non-accrual status and past due more than 90 days
Loans on non-accrual status and past due more than 90 days ("Non-performing Loans") follow:

   
90+ and
     
Total Non-
 
   
Still
  
Non-
  
Performing
 
   
Accruing
  
Accrual
  
Loans
 
   
(In thousands)
 
September 30, 2012
         
Commercial
         
Income producing - real estate
 $-  $7,742  $7,742 
Land, land development and construction - real estate
  -   4,598   4,598 
Commercial and industrial
  3   7,174   7,177 
Mortgage
            
1-4 family
  59   10,498   10,557 
Resort lending
  -   4,713   4,713 
Home equity line of credit - 1st lien
  -   607   607 
Home equity line of credit - 2nd lien
  -   709   709 
Installment
            
Home equity installment - 1st lien
  -   1,045   1,045 
Home equity installment - 2nd lien
  -   837   837 
Loans not secured by real estate
  -   648   648 
Other
  -   1   1 
Payment plan receivables
            
Full refund
  -   102   102 
Partial refund
  -   98   98 
Other
  -   13   13 
Total recorded investment
 $62  $38,785  $38,847 
Accrued interest included in recorded investment
 $-  $-  $- 
December 31, 2011
            
Commercial
            
Income producing - real estate
 $490  $13,788  $14,278 
Land, land development and construction - real estate
  43   6,990   7,033 
Commercial and industrial
  -   7,984   7,984 
Mortgage
            
1-4 family
  54   15,929   15,983 
Resort lending
  -   8,819   8,819 
Home equity line of credit - 1st lien
  -   523   523 
Home equity line of credit - 2nd lien
  -   889   889 
Installment
            
Home equity installment - 1st lien
  -   1,542   1,542 
Home equity installment - 2nd lien
  -   1,023   1,023 
Loans not secured by real estate
  -   880   880 
Other
  -   4   4 
Payment plan receivables
            
Full refund
  -   491   491 
Partial refund
  -   424   424 
Other
  -   23   23 
Total recorded investment
 $587  $59,309  $59,896 
Accrued interest included in recorded investment
 $13  $-  $13 
Aging analysis of loans by class
An aging analysis of loans by class follows:

   
Loans Past Due
  
Loans not
  
Total
 
   
30-59 days
  
60-89 days
  
90+ days
  
Total
  
Past Due
  
Loans
 
   
(In thousands)
 
September 30, 2012
                  
Commercial
                  
Income producing - real estate
 $3,543  $441  $4,606  $8,590  $205,666  $214,256 
Land, land development and construction - real estate
  301   1,871   1,090   3,262   40,310   43,572 
Commercial and industrial
  1,292   495   3,451   5,238   342,233   347,471 
Mortgage
                        
1-4 family
  3,532   1,343   10,557   15,432   282,731   298,163 
Resort lending
  206   154   4,713   5,073   169,633   174,706 
Home equity line of credit - 1st lien
  271   -   607   878   18,811   19,689 
Home equity line of credit - 2nd lien
  602   90   709   1,401   45,705   47,106 
Installment
                        
Home equity installment - 1st lien
  767   235   1,045   2,047   31,545   33,592 
Home equity installment - 2nd lien
  239   139   837   1,215   40,739   41,954 
Loans not secured by real estate
  862   204   648   1,714   118,514   120,228 
Other
  18   8   1   27   2,715   2,742 
Payment plan receivables
                        
Full refund
  2,272   620   102   2,994   82,868   85,862 
Partial refund
  178   94   98   370   7,089   7,459 
Other
  12   7   13   32   255   287 
Total recorded investment
 $14,095  $5,701  $28,477  $48,273  $1,388,814  $1,437,087 
Accrued interest included in recorded investment
 $117  $48  $-  $165  $4,933  $5,098 
                          
December 31, 2011
                        
Commercial
                        
Income producing - real estate
 $1,701  $937  $6,408  $9,046  $264,620  $273,666 
Land, land development and construction - real estate
  487   66   2,720   3,273   51,453   54,726 
Commercial and industrial
  1,861   1,132   3,516   6,509   318,438   324,947 
Mortgage
                        
1-4 family
  3,507   1,418   15,983   20,908   294,771   315,679 
Resort lending
  2,129   932   8,819   11,880   184,943   196,823 
Home equity line of credit - 1st lien
  96   196   523   815   24,705   25,520 
Home equity line of credit - 2nd lien
  506   159   889   1,554   54,045   55,599 
Installment
                        
Home equity installment - 1st lien
  757   264   1,542   2,563   41,239   43,802 
Home equity installment - 2nd lien
  676   365   1,023   2,064   51,224   53,288 
Loans not secured by real estate
  1,173   463   880   2,516   117,661   120,177 
Other
  36   10   4   50   3,144   3,194 
Payment plan receivables
                        
Full refund
  2,943   951   491   4,385   99,284   103,669 
Partial refund
  380   200   424   1,004   9,918   10,922 
Other
  23   24   23   70   357   427 
Total recorded investment
 $16,275  $7,117  $43,245  $66,637  $1,515,802  $1,582,439 
Accrued interest included in recorded investment
 $160  $105  $13  $278  $5,553  $5,831 
Impaired loans
Impaired loans are as follows :

   
September 30,
  
December 31,
 
   
2012
  
2011
 
Impaired loans with no allocated allowance
 
(In thousands)
 
TDR
 $26,094  $26,945 
Non - TDR
  417   423 
Impaired loans with an allocated allowance
        
TDR - allowance based on collateral
  18,071   20,142 
TDR - allowance based on present value cash flow
  108,312   98,130 
Non - TDR - allowance based on collateral
  8,361   13,773 
Non - TDR - allowance based on present value cash flow
  -   - 
Total impaired loans
 $161,255  $159,413 
          
Amount of allowance for loan losses allocated
        
TDR - allowance based on collateral
 $5,370  $6,004 
TDR - allowance based on present value cash flow
  15,246   12,048 
Non - TDR - allowance based on collateral
  2,443   4,247 
Non - TDR - allowance based on present value cash flow
  -   - 
Total amount of allowance for loan losses allocated
 $23,059  $22,299 

 
Impaired loans by class  are as follows (1):

   
September 30, 2012
  
December 31, 2011
 
      
Unpaid
        
Unpaid
    
   
Recorded
  
Principal
  
Related
  
Recorded
  
Principal
  
Related
 
   
Investment
  
Balance
  
Allowance
  
Investment
  
Balance
  
Allowance
 
With no related allowance recorded:
 
(In thousands)
    
Commercial
                  
Income producing - real estate
 $1,806  $2,672  $-  $4,626  $6,386  $- 
Land, land development & construction-real estate
  3,468   3,456   -   219   243   - 
Commercial and industrial
  3,634   4,144   -   3,593   3,677   - 
Mortgage
                        
1-4 family
  6,891   9,079   -   6,975   9,242   - 
Resort lending
  5,933   6,386   -   7,156   7,680   - 
Home equity line of credit - 1st lien
  15   32   -   -   -   - 
Home equity line of credit - 2nd lien
  44   118   -   134   211   - 
Installment
                        
Home equity installment - 1st lien
  2,026   2,201   -   2,100   2,196   - 
Home equity installment - 2nd lien
  2,226   2,225   -   1,987   1,987   - 
Loans not secured by real estate
  550   622   -   637   688   - 
Other
  22   21   -   24   24   - 
    26,615   30,956   -   27,451   32,334   - 
With an allowance recorded:
                        
Commercial
                        
Income producing - real estate
  25,530   28,980   2,813   22,781   29,400   3,642 
Land, land development & construction-real estate
  9,367   11,847   2,279   12,362   14,055   3,633 
Commercial and industrial
  19,906   23,882   3,276   15,093   18,357   2,977 
Mortgage
                        
1-4 family
  59,389   61,071   8,868   61,214   63,464   7,716 
Resort lending
  18,261   18,500   4,195   18,159   19,351   2,534 
Home equity line of credit - 1st lien
  47   46   31   64   73   35 
Home equity line of credit - 2nd lien
  -   -   -   -   -   - 
Installment
                        
Home equity installment - 1st lien
  1,298   1,348   639   1,232   1,293   660 
Home equity installment - 2nd lien
  1,108   1,119   877   1,421   1,458   1,062 
Loans not secured by real estate
  275   284   81   153   156   40 
Other
  -   -   -   -   -   - 
    135,181   147,077   23,059   132,479   147,607   22,299 
Total
                        
Commercial
                        
Income producing - real estate
  27,336   31,652   2,813   27,407   35,786   3,642 
Land, land development & construction-real estate
  12,835   15,303   2,279   12,581   14,298   3,633 
Commercial and industrial
  23,540   28,026   3,276   18,686   22,034   2,977 
Mortgage
                        
1-4 family
  66,280   70,150   8,868   68,189   72,706   7,716 
Resort lending
  24,194   24,886   4,195   25,315   27,031   2,534 
Home equity line of credit - 1st lien
  62   78   31   64   73   35 
Home equity line of credit - 2nd lien
  44   118   -   134   211   - 
Installment
                        
Home equity installment - 1st lien
  3,324   3,549   639   3,332   3,489   660 
Home equity installment - 2nd lien
  3,334   3,344   877   3,408   3,445   1,062 
Loans not secured by real estate
  825   906   81   790   844   40 
Other
  22   21   -   24   24   - 
Total
 $161,796  $178,033  $23,059  $159,930  $179,941  $22,299 
                          
Accrued interest included in recorded investment
 $541          $517         

(1)
There were no impaired payment plan receivables at September 30, 2012 or December 31, 2011.
Average recorded investment in and interest income earned on impaired loans by class
Average recorded investment in and interest income earned on impaired loans by class for the three month periods ended September 30, follows:

   
2012
  
2011
 
   
Average
  
Interest
  
Average
  
Interest
 
   
Recorded
  
Income
  
Recorded
  
Income
 
   
Investment
  
Recognized
  
Investment
  
Recognized
 
With no related allowance recorded:
 
(In thousands)
 
Commercial
            
Income producing - real estate
 $1,827  $15  $2,214  $65 
Land, land development & construction-real estate
  3,131   61   188   13 
Commercial and industrial
  3,483   58   1,711   83 
Mortgage
                
1-4 family
  7,271   80   9,042   82 
Resort lending
  5,923   52   8,877   99 
Home equity line of credit - 1st lien
  19   -   -   - 
Home equity line of credit - 2nd lien
  45   -   124   - 
Installment
                
Home equity installment - 1st lien
  2,063   20   2,053   24 
Home equity installment - 2nd lien
  2,233   29   2,133   24 
Loans not secured by real estate
  540   8   737   11 
Other
  22   1   26   - 
    26,557   324   27,105   401 
With an allowance recorded:
                
Commercial
                
Income producing - real estate
  26,233   207   19,789   30 
Land, land development & construction-real estate
  9,785   31   7,356   (9)
Commercial and industrial
  20,749   136   10,445   (49)
Mortgage
                
1-4 family
  59,322   626   61,934   668 
Resort lending
  18,411   212   18,522   109 
Home equity line of credit - 1st lien
  47   1   47   - 
Home equity line of credit - 2nd lien
  -   -   10   - 
Installment
                
Home equity installment - 1st lien
  1,348   11   1,421   14 
Home equity installment - 2nd lien
  1,130   13   1,421   16 
Loans not secured by real estate
  277   2   131   2 
Other
  -   -   -   - 
    137,302   1,239   121,076   781 
Total
                
Commercial
                
Income producing - real estate
  28,060   222   22,003   95 
Land, land development & construction-real estate
  12,916   92   7,544   4 
Commercial and industrial
  24,232   194   12,156   34 
Mortgage
                
1-4 family
  66,593   706   70,976   750 
Resort lending
  24,334   264   27,399   208 
Home equity line of credit - 1st lien
  66   1   47   - 
Home equity line of credit - 2nd lien
  45   -   134   - 
Installment
                
Home equity installment - 1st lien
  3,411   31   3,474   38 
Home equity installment - 2nd lien
  3,363   42   3,554   40 
Loans not secured by real estate
  817   10   868   13 
Other
  22   1   26   - 
Total
 $163,859  $1,563  $148,181  $1,182 

(1)
There were no impaired payment plan receivables during the three month periods ended September 30, 2012 and 2011.

Average recorded investment in and interest income earned on impaired loans by class for the nine month periods ended September 30, follows:

   
2012
  
2011
 
   
Average
  
Interest
  
Average
  
Interest
 
   
Recorded
  
Income
  
Recorded
  
Income
 
   
Investment
  
Recognized
  
Investment
  
Recognized
 
With no related allowance recorded:
 
(In thousands)
 
Commercial
            
Income producing - real estate
 $2,713  $45  $2,806  $95 
Land, land development & construction-real estate
  2,360   97   712   40 
Commercial and industrial
  3,755   104   2,694   100 
Mortgage
                
1-4 family
  7,274   229   8,964   296 
Resort lending
  6,339   178   7,900   322 
Home equity line of credit - 1st lien
  9   -   -   - 
Home equity line of credit - 2nd lien
  67   2   115   2 
Installment
                
Home equity installment - 1st lien
  1,945   72   1,919   72 
Home equity installment - 2nd lien
  2,047   80   2,021   73 
Loans not secured by real estate
  533   21   588   27 
Other
  23   2   13   1 
    27,065   830   27,732   1,028 
With an allowance recorded:
                
Commercial
                
Income producing - real estate
  24,228   474   17,820   152 
Land, land development & construction-real estate
  10,680   136   9,195   60 
Commercial and industrial
  18,227   406   10,603   92 
Mortgage
                
1-4 family
  59,793   1,926   63,210   2,019 
Resort lending
  18,355   582   22,648   505 
Home equity line of credit - 1st lien
  57   2   24   1 
Home equity line of credit - 2nd lien
  24   -   11   - 
Installment
                
Home equity installment - 1st lien
  1,487   41   1,453   42 
Home equity installment - 2nd lien
  1,367   38   1,478   46 
Loans not secured by real estate
  227   7   172   3 
Other
  -   -   -   - 
    134,445   3,612   126,614   2,920 
Total
                
Commercial
                
Income producing - real estate
  26,941   519   20,626   247 
Land, land development & construction-real estate
  13,040   233   9,907   100 
Commercial and industrial
  21,982   510   13,297   192 
Mortgage
                
1-4 family
  67,067   2,155   72,174   2,315 
Resort lending
  24,694   760   30,548   827 
Home equity line of credit - 1st lien
  66   2   24   1 
Home equity line of credit - 2nd lien
  91   2   126   2 
Installment
                
Home equity installment - 1st lien
  3,432   113   3,372   114 
Home equity installment - 2nd lien
  3,414   118   3,499   119 
Loans not secured by real estate
  760   28   760   30 
Other
  23   2   13   1 
Total
 $161,510  $4,442  $154,346  $3,948 

(1)
There were no impaired payment plan receivables during the nine month periods ended September 30, 2012 and 2011.
Troubled debt restructurings
Troubled debt restructurings follow:

   
September 30, 2012
 
   
Commercial
  
Retail
  
Total
 
   
(In thousands)
 
Performing TDR's
 $44,061  $88,441  $132,502 
Non-performing TDR's(1)
  10,738   9,237(2)  19,975 
Total
 $54,799  $97,678  $152,477 
              
   
December 31, 2011
 
   
Commercial
  
Retail
  
Total
 
   
(In thousands)
 
Performing TDR's
 $29,799  $86,770  $116,569 
Non-performing TDR's(1)
  14,567   14,081(2)  28,648 
Total
 $44,366  $100,851  $145,217 

(1)
Included in non-performing loans table shown previously.
(2)
Also includes loans on non-accrual at the time of modification until six payments are received on a timely basis.
Troubled debt restructuring during the period
Loans that have been classified as troubled debt restructurings during the three-month periods ended September 30 follow:

      
Pre-modification
  
Post-modification
 
   
Number of
  
Recorded
  
Recorded
 
   
Contracts
  
Balance
  
Balance
 
2012
 
(Dollars in thousands)
Commercial
         
Income producing - real estate
  4  $626  $545 
Land, land development & construction-real estate
  2   460   523 
Commercial and industrial
  10   631   558 
Mortgage
            
1-4 family
  10   1,870   1,656 
Resort lending
  7   1,575   1,562 
Home equity line of credit - 1st lien
  -   -   - 
Home equity line of credit - 2nd lien
  -   -   - 
Installment
            
Home equity installment - 1st lien
  4   137   98 
Home equity installment - 2nd lien
  2   59   56 
Loans not secured by real estate
  2   22   21 
Other
  -   -   - 
Total
  41  $5,380  $5,019 
              
2011
  
Commercial
            
Income producing - real estate
  5  $6,579  $6,370 
Land, land development & construction-real estate
  1   1,900   1,804 
Commercial and industrial
  -   -   - 
Mortgage
            
1-4 family
  6   1,603   1,629 
Resort lending
  4   1,515   1,501 
Home equity line of credit - 1st lien
  -   -   - 
Home equity line of credit - 2nd lien
  -   -   - 
Installment
            
Home equity installment - 1st lien
  4   98   99 
Home equity installment - 2nd lien
  -   -   - 
Loans not secured by real estate
  5   67   68 
Other
  -   -   - 
Total
  25  $11,762  $11,471 

Loans that have been classified as troubled debt restructurings during the nine-month periods ended September 30 follow:

      
Pre-modification
  
Post-modification
 
   
Number of
  
Recorded
  
Recorded
 
   
Contracts
  
Balance
  
Balance
 
2012
 
(Dollars in thousands)
Commercial
         
Income producing - real estate
  18  $8,894  $8,736 
Land, land development & construction-real estate
  5   3,347   3,436 
Commercial and industrial
  43   8,827   8,453 
Mortgage
            
1-4 family
  58   7,738   7,330 
Resort lending
  29   7,529   7,356 
Home equity line of credit - 1st lien
  1   15   - 
Home equity line of credit - 2nd lien
  -   -   - 
Installment
            
Home equity installment - 1st lien
  14   561   521 
Home equity installment - 2nd lien
  16   604   590 
Loans not secured by real estate
  12   299   278 
Other
  -   -   - 
Total
  196  $37,814  $36,700 
              
2011
  
Commercial
            
Income producing - real estate
  16  $14,793  $13,928 
Land, land development & construction-real estate
  3   5,111   1,893 
Commercial and industrial
  10   1,129   1,111 
Mortgage
            
1-4 family
  59   7,663   7,540 
Resort lending
  27   7,474   7,393 
Home equity line of credit - 1st lien
  1   45   47 
Home equity line of credit - 2nd lien
  1   23   19 
Installment
            
Home equity installment - 1st lien
  18   475   470 
Home equity installment - 2nd lien
  14   464   450 
Loans not secured by real estate
  23   411   404 
Other
  -   -   - 
Total
  172  $37,588  $33,255 
Troubled debt restructuring during the past twelve months that subsequently defaulted
Loans that have been classified as troubled debt restructurings during the past twelve months and that have subsequently defaulted during the three-month periods ended September 30 follow:

   
Number of
  
Recorded
 
   
Contracts
  
Balance
 
2012
 
(Dollars in thousands)
 
Commercial
      
Income producing - real estate
  2  $827 
Land, land development & construction-real estate
  -   - 
Commercial and industrial
  -   - 
Mortgage
        
1-4 family
  -   - 
Resort lending
  2   468 
Home equity line of credit - 1st lien
  -   - 
Home equity line of credit - 2nd lien
  -   - 
Installment
        
Home equity installment - 1st lien
  -   - 
Home equity installment - 2nd lien
  -   - 
Loans not secured by real estate
  -   - 
Other
  -   - 
    4  $1,295 
          
2011
   
Commercial
        
Income producing - real estate
  1  $136 
Land, land development & construction-real estate
  -   - 
Commercial and industrial
  -   - 
Mortgage
        
1-4 family
  4   607 
Resort lending
  1   340 
Home equity line of credit - 1st lien
  -   - 
Home equity line of credit - 2nd lien
  -   - 
Installment
        
Home equity installment - 1st lien
  -   - 
Home equity installment - 2nd lien
  1   46 
Loans not secured by real estate
  -   - 
Other
  -   - 
    7  $1,129 

Loans that have been classified as troubled debt restructurings during the past twelve months and that have subsequently defaulted during the nine-month periods ended September 30 follows:

   
Number of
  
Recorded
 
   
Contracts
  
Balance
 
2012
 
(Dollars in thousands)
 
Commercial
      
Income producing - real estate
  2  $827 
Land, land development & construction-real estate
  1   136 
Commercial and industrial
  7   520 
Mortgage
        
1-4 family
  2   148 
Resort lending
  3   584 
Home equity line of credit - 1st lien
  -   - 
Home equity line of credit - 2nd lien
  -   - 
Installment
        
Home equity installment - 1st lien
  1   26 
Home equity installment - 2nd lien
  1   20 
Loans not secured by real estate
  -   - 
Other
  -   - 
    17  $2,261 
          
2011
   
Commercial
        
Income producing - real estate
  3  $1,042 
Land, land development & construction-real estate
  1   1,222 
Commercial and industrial
  -   - 
Mortgage
        
1-4 family
  8   1,024 
Resort lending
  5   1,128 
Home equity line of credit - 1st lien
  -   - 
Home equity line of credit - 2nd lien
  -   - 
Installment
        
Home equity installment - 1st lien
  1   19 
Home equity installment - 2nd lien
  4   264 
Loans not secured by real estate
  -   - 
Other
  -   - 
    22  $4,699 
Loan ratings by loan class for commercial loan segment
The following table summarizes loan ratings by loan class for our commercial loan segment:

   
Commercial
 
   
 
  
 
  
Substandard
  
Non-
  
 
 
   
Non-watch
  
Watch
  
Accrual
  
Accrual
    
   1-6  7-8  9  10-11  
Total
 
           
(In thousands)
        
September 30, 2012
                   
Income producing - real estate
 $166,740  $37,261  $2,513  $7,742  $214,256 
Land, land development and  construction - real estate
  31,129   5,172   2,673   4,598   43,572 
Commercial and industrial
  294,232   30,032   16,033   7,174   347,471 
Total
 $492,101  $72,465  $21,219  $19,514  $605,299 
Accrued interest included in total
 $1,430  $240  $91  $-  $1,761 
                      
December 31, 2011
                    
Income producing - real estate
 $201,655  $52,438  $5,785  $13,788  $273,666 
Land, land development and  construction - real estate
  33,515   9,421   4,800   6,990   54,726 
Commercial and industrial
  275,245   27,783   13,935   7,984   324,947 
Total
 $510,415  $89,642  $24,520  $28,762  $653,339 
Accrued interest included in total
 $1,677  $381  $126  $-  $2,184 
Credit ratings of insurer or risk retention group counterparties by class of payment plan receivable
The following table summarizes loan ratings by loan class for our commercial loan segment:

   
Commercial
 
   
 
  
 
  
Substandard
  
Non-
  
 
 
   
Non-watch
  
Watch
  
Accrual
  
Accrual
    
   1-6  7-8  9  10-11  
Total
 
           
(In thousands)
        
September 30, 2012
                   
Income producing - real estate
 $166,740  $37,261  $2,513  $7,742  $214,256 
Land, land development and  construction - real estate
  31,129   5,172   2,673   4,598   43,572 
Commercial and industrial
  294,232   30,032   16,033   7,174   347,471 
Total
 $492,101  $72,465  $21,219  $19,514  $605,299 
Accrued interest included in total
 $1,430  $240  $91  $-  $1,761 
                      
December 31, 2011
                    
Income producing - real estate
 $201,655  $52,438  $5,785  $13,788  $273,666 
Land, land development and  construction - real estate
  33,515   9,421   4,800   6,990   54,726 
Commercial and industrial
  275,245   27,783   13,935   7,984   324,947 
Total
 $510,415  $89,642  $24,520  $28,762  $653,339 
Accrued interest included in total
 $1,677  $381  $126  $-  $2,184 
Credit scores by loan class for mortgage and installment loan segments
The following table summarizes loan ratings by loan class for our commercial loan segment:

   
Commercial
 
   
 
  
 
  
Substandard
  
Non-
  
 
 
   
Non-watch
  
Watch
  
Accrual
  
Accrual
    
   1-6  7-8  9  10-11  
Total
 
           
(In thousands)
        
September 30, 2012
                   
Income producing - real estate
 $166,740  $37,261  $2,513  $7,742  $214,256 
Land, land development and  construction - real estate
  31,129   5,172   2,673   4,598   43,572 
Commercial and industrial
  294,232   30,032   16,033   7,174   347,471 
Total
 $492,101  $72,465  $21,219  $19,514  $605,299 
Accrued interest included in total
 $1,430  $240  $91  $-  $1,761 
                      
December 31, 2011
                    
Income producing - real estate
 $201,655  $52,438  $5,785  $13,788  $273,666 
Land, land development and  construction - real estate
  33,515   9,421   4,800   6,990   54,726 
Commercial and industrial
  275,245   27,783   13,935   7,984   324,947 
Total
 $510,415  $89,642  $24,520  $28,762  $653,339 
Accrued interest included in total
 $1,677  $381  $126  $-  $2,184