XML 60 R21.htm IDEA: XBRL DOCUMENT v2.4.1.9
LOANS AND ALLOWANCE (Tables)
 3 Months Ended
Mar. 31, 2015
LOANS AND ALLOWANCE  
Schedule of loans

 

 

 

March 31,
2015

 

December 31,
2014

 

Commercial

 

 

 

 

 

Commercial and industrial

 

$
287,524

 

$
275,646

 

Agricultural

 
45,514

 
46,784

 

Commercial Real Estate

 

 

 

 

 

Farm

 
74,172

 
76,849

 

Hotel

 
62,742

 
74,962

 

Construction and development

 
75,942

 
61,640

 

Other

 
669,394

 
666,417

 

Residential

 

 

 

 

 

1-4 family

 
435,667

 
435,336

 

Home equity

 
273,276

 
274,159

 

Consumer

 

 

 

 

 

Direct

 
44,675

 
45,360

 

Indirect

 
557

 
612

 

Total loans

 
1,969,463

 
1,957,765

 

Allowance for loan losses

 
(22,638

)
(23,250

)

Net loans

 

$
1,946,825

 

$
1,934,515

 

 

 

Schedule of activity in the allowance for loan losses

The investment by portfolio class at March 31, 2015 is as follows.  These loans are included in the above table and all other tables below in the recorded investment amount. No allowance for loan losses is provided for these loans at March 31, 2015.

 

Commercial and industrial

 

$
23,050 

 

Construction and development

 
2,886 

 

Other real estate

 
96,571 

 

1-4 family

 
34,536 

 

Home equity

 
15,359 

 

Direct

 
1,508 

 

 

 

$
173,910 

 

 

 

Schedule of balance in the allowance for loan losses and the recorded investment by portfolio segment and impairment method

 

 

 

Commercial

 

Commercial
Real Estate

 

Residential

 

Consumer

 

Total

 

Allowance for loan loss

 

 

 

 

 

 

 

 

 

 

 

Balance, January 1, 2015

 

$
2,977

 

$
15,605

 

$
3,501

 

$
1,167

 

$
23,250

 

Provision charged to expense

 
773

 
(1,005

)
173

 
59

 

—

 

Losses charged off

 
(107

)
(58

)
(494

)
(697

)
(1,356

)

Recoveries

 
32

 
176

 
148

 
388

 
744

 

Balance, March 31, 2015

 

$
3,675

 

$
14,718

 

$
3,328

 

$
917

 

$
22,638

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

Commercial
Real Estate

 

Residential

 

Consumer

 

Total

 

Allowance for loan loss

 

 

 

 

 

 

 

 

 

 

 

Balance, January 1, 2014

 

$
3,291

 

$
20,210

 

$
3,409

 

$
699

 

$
27,609

 

Provision charged to expense

 
(163

)
393

 
245

 
275

 
750

 

Losses charged off

 
(146

)
(608

)
(543

)
(743

)
(2,040

)

Recoveries

 
27

 
444

 
85

 
372

 
928

 

Balance, March 31, 2014

 

$
3,009

 

$
20,439

 

$
3,196

 

$
603

 

$
27,247

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

Commercial
Real Estate

 

Residential

 

Consumer

 

Total

 

As of March 31, 2015

 

 

 

 

 

 

 

 

 

 

 

Ending Balance individually evaluated for impairment

 

$
130

 

$
675

 

$
179

 

$

—

 

$
984

 

Ending Balance collectively evaluated for impairment

 
3,545

 
14,043

 
3,149

 
917

 
21,654

 

Total ending allowance balance

 

$
3,675

 

$
14,718

 

$
3,328

 

$
917

 

$
22,638

 

Loans

 

 

 

 

 

 

 

 

 

 

 

Ending Balance individually evaluated for impairment

 

$
1,113

 

$
13,297

 

$
10,421

 

$
194

 

$
25,025

 

Ending Balance collectively evaluated for impairment

 
331,925

 
868,953

 
698,522

 
45,038

 
1,944,438

 

Total ending loan balance excludes $5,838 of accrued interest

 

$
333,038

 

$
882,250

 

$
708,943

 

$
45,232

 

$
1,969,463

 

 

As of December 31, 2014

 

Commercial

 

Commercial
Real Estate

 

Residential

 

Consumer

 

Total

 

Ending Balance individually evaluated for impairment

 

$
162 

 

$
705 

 

$
183 

 

$

—

 

$
1,050 

 

Ending Balance collectively evaluated for impairment

 
2,815 

 
14,900 

 
3,318 

 
1,167 

 
22,200 

 

Total ending allowance balance

 

$
2,977 

 

$
15,605 

 

$
3,501 

 

$
1,167 

 

$
23,250 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans

 

 

 

 

 

 

 

 

 

 

 

Ending Balance individually evaluated for impairment

 

$
705 

 

$
24,722 

 

$
10,662 

 

$
220 

 

$
36,309 

 

Ending Balance collectively evaluated for impairment

 
321,725 

 
855,146 

 
698,833 

 
45,752 

 
1,921,456 

 

Total ending loan balance excludes $5,605 of accrued interest

 

$
322,430 

 

$
879,868 

 

$
709,495 

 

$
45,972 

 

$
1,957,765 

 

 

 

Schedule of loans individually evaluated for impairment by class of loans

 

 

March 31, 2015

 

Unpaid
Principal
Balance

 

Recorded
Investment

 

Allowance
for Loan
Losses Allocated

 

With an allowance recorded

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

Commercial and industrial

 

$
357 

 

$
336 

 

$
130 

 

Agricultural

 

—

 

—

 

—

 

Commercial Real Estate

 

 

 

 

 

 

 

Farm

 
76 

 
76 

 
22 

 

Hotel

 

—

 

—

 

—

 

Construction and development

 

—

 

—

 

—

 

Other

 
1,938 

 
1,831 

 
653 

 

Residential

 

 

 

 

 

 

 

1-4 Family

 
1,532 

 
1,454 

 
174 

 

Home Equity

 
165 

 
165 

 
5 

 

Consumer

 

 

 

 

 

 

 

Direct

 

—

 

—

 

—

 

Subtotal — impaired with allowance recorded

 
4,068 

 
3,862 

 
984 

 

With no related allowance recorded

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

Commercial & industrial

 
1,062 

 
777 

 

 

 

Agricultural

 

—

 

—

 

 

 

Commercial Real Estate

 

 

 

 

 

 

 

Farm

 
858 

 
607 

 

 

 

Hotel

 

—

 

—

 

 

 

Construction and development

 

 

 

 

 

 

 

Other

 
5,187 

 
3,515 

 

 

 

Residential

 

 

 

 

 

 

 

1-4 Family

 
7,084 

 
6,092 

 

 

 

Home Equity

 
2,981 

 
2,710 

 

 

 

Consumer

 

 

 

 

 

 

 

Direct

 
207 

 
194 

 

 

 

Indirect

 

—

 

—

 

 

 

Subtotal — impaired with allowance recorded

 
17,379 

 
13,895 

 

 

 

Total impaired loans

 

$
21,447 

 

$
17,757 

 

$
984 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

Unpaid
Principal
Balance

 

Recorded
Investment

 

Allowance
for Loan
Losses Allocated

 

With an allowance recorded

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

Commercial and industrial

 

$
82 

 

$
64 

 

$
12 

 

Agriculture

 
397 

 
150 

 
150 

 

Commercial Real Estate

 

 

 

 

 

 

 

Farm

 
76 

 
76 

 
21 

 

Hotel

 

—

 

—

 

—

 

Construction and development

 

—

 

—

 

—

 

Other

 
979 

 
889 

 
684 

 

Residential

 

 

 

 

 

 

 

1-4 Family

 
1,543 

 
1,478 

 
178 

 

Home Equity

 
167 

 
167 

 
5 

 

Consumer

 

 

 

 

 

 

 

Direct

 

—

 

—

 

—

 

Indirect

 

—

 

—

 

—

 

Subtotal — impaired with allowance recorded

 
3,244 

 
2,824 

 
1,050 

 

With no related allowance recorded

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

Commercial & industrial

 
761 

 
491 

 

 

 

Agricultural

 

—

 

—

 

 

 

Commercial Real Estate

 

 

 

 

 

 

 

Farm

 
864 

 
616 

 

 

 

Hotel

 
11,423 

 
11,377 

 

 

 

Construction and development

 
84 

 
78 

 

 

 

Other

 
5,848 

 
4,186 

 

 

 

Residential

 

 

 

 

 

 

 

1-4 Family

 
7,325 

 
6,400 

 

 

 

Home Equity

 
2,847 

 
2,618 

 

 

 

Consumer

 

 

 

 

 

 

 

Direct

 
238 

 
213 

 

 

 

Indirect

 
7 

 
7 

 

 

 

Subtotal — impaired with allowance recorded

 
29,397 

 
25,986 

 

—

 

Total impaired loans

 

$
32,641 

 

$
28,810 

 

$
1,050 

 

 

 

Schedule of average balance of impaired loans and interest income and cash basis interest recognized

 

March 31, 2015

 

Average
Balance
Impaired Loans

 

Interest
Income
Recognized

 

Cash Basis
Income
Recognized

 

Commercial

 

 

 

 

 

 

 

Commercial & Industrial

 

$
834 

 

$
2 

 

$
2 

 

Agricultural

 
75 

 

—

 

—

 

Commercial Real Estate

 

 

 

 

 

 

 

Farm

 
444 

 
4 

 
4 

 

Hotel

 
7,126 

 

—

 

—

 

Construction and development

 
38 

 
47 

 
47 

 

Other

 
5,210 

 
25 

 
25 

 

Residential

 

 

 

 

 

 

 

1-4 Family

 
7,712 

 
21 

 
21 

 

Home Equity

 
1,734 

 
4 

 
4 

 

Consumer

 

 

 

 

 

 

 

Direct

 
106 

 
4 

 
4 

 

Indirect

 
4 

 
3 

 
3 

 

 

 

$
23,283 

 

$
110 

 

$
110 

 

 

 

 

 

 

 

 

 

March 31, 2014

 

Average
Balance
Impaired Loans

 

Interest
Income
Recognized

 

Cash Basis
Income
Recognized

 

Commercial

 

 

 

 

 

 

 

Commercial & Industrial

 

$
282 

 

$
4 

 

$
4 

 

Agricultural

 

—

 

—

 

—

 

Commercial Real Estate

 

 

 

 

 

 

 

Farm

 
990 

 

—

 

—

 

Hotel

 

—

 

—

 

—

 

Construction and development

 
558 

 

—

 

—

 

Other

 
11,955 

 
48 

 
48 

 

Residential

 

 

 

 

 

 

 

1-4 Family

 
8,766 

 
4 

 
4 

 

Home Equity

 
2,316 

 
1 

 
1 

 

Consumer

 

 

 

 

 

 

 

Direct

 
449 

 
3 

 
3 

 

Indirect

 
10 

 
1 

 
1 

 

 

 

$
25,326 

 

$
61 

 

$
61 

 

 

 

Schedule of recorded investment in nonaccrual and loans past due over 90 days still on accrual by class of loans

 

 

 

Non-accrual

 

Past due over
90 days and
still accruing

 

 

 

March 31, 2015

 

December 31,
2014

 

March 31, 2015

 

December 31,
2014

 

Commercial

 

 

 

 

 

 

 

 

 

Commercial and industrial

 

$
1,062 

 

$
479 

 

$

—

 

$

—

 

Agricultural

 

—

 
150 

 

 

 

 

 

Commercial Real Estate

 

 

 

—

 

 

 

 

 

Farm

 
682 

 
692 

 

 

 

 

 

Hotel

 

—

 

 

 

 

 

 

 

Construction and development

 

—

 
78 

 

 

 

 

 

Other

 
3,863 

 
3,744 

 

 

 

 

 

Residential

 

 

 

 

 

 

 

 

 

1-4 Family

 
6,258 

 
6,428 

 

 

 

 

 

Home Equity

 
1,952 

 
1,841 

 

 

 

 

 

Consumer

 

 

 

 

 

 

 

 

 

Direct

 
160 

 
177 

 

 

 

 

 

Indirect

 

—

 
7 

 

 

 

 

 

Total

 

$
13,977 

 

$
13,596 

 

$

—

 

$

—

 

 

 

Schedule of aging of the recorded investment in past due loans

 

 

March 31, 2015

 

Total
Loans

 

30-59 Days
Past Due

 

60-89 Days
Past Due

 

Greater than
90 Days
Past Due

 

Total
Past Due

 

Loans Not
Past Due

 

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial and industrial

 

$
287,524 

 

$
101 

 

$

—

 

$
626 

 

$
727 

 

$
286,797 

 

Agricultural

 
45,514 

 

—

 

—

 

—

 

—

 
45,514 

 

Commercial Real Estate

 

 

 

 

 

 

 

 

 

 

 

 

 

Farm

 
74,172 

 

—

 

—

 
327 

 
327 

 
73,845 

 

Hotel

 
62,742 

 

—

 

—

 

—

 

—

 
62,742 

 

Construction and development

 
75,942 

 

—

 

—

 

—

 

—

 
75,942 

 

Other

 
669,394 

 
728 

 
432 

 
1,999 

 
3,159 

 
666,235 

 

Residential

 

 

 

 

 

 

 

 

 

 

 

 

 

1-4 Family

 
435,667 

 
5,827 

 
696 

 
2,927 

 
9,450 

 
426,217 

 

Home Equity

 
273,276 

 
532 

 
315 

 
1,466 

 
2,313 

 
270,963 

 

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct

 
44,675 

 
66 

 
22 

 
137 

 
225 

 
44,450 

 

Indirect

 
557 

 

—

 
2 

 

—

 
2 

 
555 

 

Total — excludes $5,838 of accrued interest

 

$
1,969,463 

 

$
7,254 

 

$
1,467 

 

$
7,482 

 

$
16,203 

 

$
1,953,260 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

Total
Loans

 

30-59 Days
Past Due

 

60-89 Days
Past Due

 

Greater than
90 Days
Past Due

 

Total
Past Due

 

Loans Not
Past Due

 

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial and industrial

 

$
275,646 

 

$
441 

 

$
75 

 

$
210 

 

$
726 

 

$
274,920 

 

Agricultural

 
46,784 

 

—

 

—

 

—

 

—

 
46,784 

 

Commercial Real Estate

 

 

 

 

 

 

 

 

 

 

 

 

 

Farm

 
76,849 

 

—

 

—

 
327 

 
327 

 
76,522 

 

Hotel

 
74,962 

 

—

 

—

 

—

 

—

 
74,962 

 

Construction and development

 
61,640 

 

—

 
78 

 

—

 
78 

 
61,562 

 

Other

 
666,417 

 
933 

 
755 

 
1,919 

 
3,607 

 
662,810 

 

Residential

 

 

 

 

 

 

 

 

 

 

 

 

 

1-4 Family

 
435,336 

 
6,217 

 
1,719 

 
3,186 

 
11,122 

 
424,214 

 

Home Equity

 
274,159 

 
751 

 
250 

 
1,521 

 
2,522 

 
271,637 

 

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct

 
45,360 

 
91 

 
17 

 
162 

 
270 

 
45,090 

 

Indirect

 
612 

 
6 

 
7 

 

—

 
13 

 
599 

 

Total — excludes $5,605 of accrued interest

 

$
1,957,765 

 

$
8,439 

 

$
2,901 

 

$
7,325 

 

$
18,665 

 

$
1,939,100 

 

 

 

Schedule of loans by class modified as troubled debt restructurings for which there was a payment default within twelve months following the modification

 

 

March 31, 2014

 

Number of Loans

 

Recorded Investment

 

Commercial real estate:

 

 

 

 

 

Other

 
1 

 

$
1,431 

 

Residential

 

 

 

 

 

1-4 Family

 
1 

 
53 

 

 

 

 

 

 

 

Total

 
2 

 

$
1,484 

 

 

 

Schedule of risk category of loans by class of loans

 

 

March 31, 2015

 

Pass

 

Special
Mention

 

Substandard

 

Non-accrual

 

Commercial

 

 

 

 

 

 

 

 

 

Commercial and industrial

 

$
236,930 

 

$
11,505 

 

$
2,485 

 

$
630 

 

Agricultural

 
45,514 

 

—

 

—

 

—

 

Commercial Real Estate

 

 

 

 

 

 

 

 

 

Farm

 
73,221 

 
269 

 

—

 
682 

 

Hotel

 
59,955 

 
2,787 

 

—

 

—

 

Construction and development

 
75,942 

 

—

 

—

 

—

 

Other

 
533,610 

 
16,262 

 
10,584 

 
2,231 

 

Total

 

$
1,025,172 

 

$
30,823 

 

$
13,069 

 

$
3,543 

 

 

 

December 31, 2014

 

Pass

 

Special
Mention

 

Substandard

 

Non-accrual

 

Commercial

 

 

 

 

 

 

 

 

 

Commercial and industrial

 

$
226,731 

 

$
9,926 

 

$
1,596 

 

$
35 

 

Agricultural

 
46,634 

 

—

 

—

 
150 

 

Commercial Real Estate

 

 

 

 

 

 

 

 

 

Farm

 
75,191 

 
966 

 

—

 
692 

 

Hotel

 
60,704 

 
2,835 

 
11,423 

 

—

 

Construction and development

 
60,971 

 
372 

 
219 

 
78 

 

Other

 
525,758 

 
20,823 

 
9,689 

 
2,323 

 

Total

 

$
995,989 

 

$
34,922 

 

$
22,927 

 

$
3,278 

 

 

 

Schedule of performing/non performing loans by category of loans

 

 

March 31, 2015

 

Performing

 

Watch

 

Substandard

 

Commercial

 

 

 

 

 

 

 

Commercial and industrial

 

$
35,542 

 

$

—

 

$
432 

 

Commercial Real Estate

 

 

 

 

 

 

 

Other

 
104,988 

 
87 

 
1,632 

 

Total

 

$
140,530 

 

$
87 

 

$
2,064 

 

 

December 31, 2014

 

Performing

 

Watch

 

Substandard

 

Commercial

 

 

 

 

 

 

 

Commercial and industrial

 

$
36,839 

 

$
75 

 

$
444 

 

Commercial Real Estate

 

 

 

 

 

 

 

Other

 
106,247 

 
156 

 
1,421 

 

Total

 

$
143,086 

 

$
231 

 

$
1,865 

 

 

March 31, 2015

 

Performing

 

Watch

 

Substandard

 

Residential

 

 

 

 

 

 

 

1-4 Family

 

$
432,044 

 

$
696 

 

$
2,927 

 

Home Equity

 
271,496 

 
314 

 
1,466 

 

Total

 

$
703,540 

 

$
1,010 

 

$
4,393 

 

 

December 31, 2014

 

Performing

 

Watch

 

Substandard

 

Residential

 

 

 

 

 

 

 

1-4 Family

 

$
430,431 

 

$
1,719 

 

$
3,186 

 

Home Equity

 
272,388 

 
250 

 
1,521 

 

Total

 

$
702,819 

 

$
1,969 

 

$
4,707 

 

 

March 31, 2015

 

Performing

 

Substandard

 

Loss

 

Consumer

 

 

 

 

 

 

 

Direct

 

$
44,516 

 

$
22 

 

$
137 

 

Indirect

 
555 

 
2 

 

—

 

Total

 

$
45,071 

 

$
24 

 

$
137 

 

 

December 31, 2014

 

Performing

 

Substandard

 

Loss

 

Consumer

 

 

 

 

 

 

 

Direct

 

$
45,181 

 

$
142 

 

$
37 

 

Indirect

 
605 

 
7 

 

—

 

Total

 

$
45,786 

 

$
149 

 

$
37