Loans

9 Months Ended

Sep. 30, 2014

Loans [Abstract]

Loans

NOTE 3: LOANS

The following table sets forth information concerning the composition of total loans and leases outstanding, as of the dates indicated.

(Dollars in thousands)		September 30, 2014		December 31, 2013
Residential mortgage	$	25,810	$	24,677
Commercial mortgage		257,608		234,599
Commercial:
Commercial term		87,396		89,279
Commercial construction		26,018		19,117
Lease financing		-		2
Consumer:
Home equity		46,798		41,418
Other		5,777		6,262
Total loans and leases	$	449,407	$	415,354
Less allowance for credit losses		(4,887)		(4,623)
Net loans and leases	$	444,520	$	410,731

Information concerning non-accrual loans are shown in the following tables:

					Three Months Ended September 30, 2014						Nine Months Ended September 30, 2014
(Dollars in thousands)	December 31, 2013		September 30, 2014		Interest income that would have been recorded under original terms		Interest income recorded during the period		Net impact on interest income		Interest income that would have been recorded under original terms		Interest income recorded during the period		Net impact on interest income
Non-accrual loans:
Residential mortgage	$	2,250	$	2,117	$	21	$	-	$	21	$	45	$	-	$	45
Commercial mortgage		266		1,131		9		-		9		18		-		18
Commercial:
Commercial term		-		200		1		-		1		1		-		1
Commercial construction		2,554		2,043		87		-		87		267		-		267
Lease financing		-		-		-		-		-		-		-		-
Consumer:
Home Equity		434		343		5		-		5		19		3		16
Other		82		94		5		-		5		10		-		10
Total non-accrual loans	$	5,586	$	5,928	$	128	$	-	$	128	$	360	$	3	$	357
Loans 90 days past due and accruing		141		105
Total non-performing loans	$	5,727	$	6,033

			Three Months Ended September 30, 2013						Nine Months Ended September 30, 2013
(Dollars in thousands)	September 30, 2013		Interest income that would have been recorded under original terms		Interest income recorded during the period		Net impact on interest income		Interest income that would have been recorded under original terms		Interest income recorded during the period		Net impact on interest income
Non-accrual loans:
Residential mortgage	$	2,257	$	16	$	-	$	16	$	51	$	-	$	51
Commercial mortgage		281		41		-		41		155		-		155
Commercial:
Commercial term		-		-		-		-		4		-		4
Commercial construction		2,554		87		-		87		299		-		299
Lease financing		-		-		-		-		1		-		1
Consumer:
Home Equity		60		1		-		1		4		-		4
Other		102		3		-		3		12		3		9
Total non-accrual loans	$	5,254	$	148	$	-	$	148	$	526	$	3	$	523
Loans 90 days past due and accruing		335
Total non-performing loans	$	5,589