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LOANS (Tables)
 12 Months Ended
Dec. 31, 2013
Loans Tables  
Schedule of composition of the loan portfolio
(Dollars in Thousands)  2013  2012
Commercial, Financial and Agricultural  $126,607   $139,850 
Real Estate – Construction   31,012    37,512 
Real Estate – Commercial Mortgage   533,871    613,625 
Real Estate– Residential(1)   309,692    321,986 
Real Estate – Home Equity   227,922    236,263 
Consumer   159,500    157,877 
Loans, Net of Unearned Income  $1,388,604   $1,507,113 

 

(1)Includes loans in process with outstanding balances of $6.8 million and $11.9 million for 2013 and 2012, respectively.
Schedule of recorded investment in nonaccrual loans and loans past due over 90 days and still on accrual by class of loans
   2013  2012
(Dollars in Thousands)  Nonaccrual  90 + Days  Nonaccrual  90 + Days
Commercial, Financial and Agricultural  $188    —     $1,069    —   
Real Estate – Construction   426    —      4,071    —   
Real Estate – Commercial Mortgage   25,227    —      41,045    —   
Real Estate– Residential   6,440    —      13,429    —   
Real Estate – Home Equity   4,084    —      4,034    —   
Consumer   599    —      574    —   
Total Nonaccrual Loans  $36,964    —     $64,222    —   
Schedule of aging of past due loans by class of loans

 

(Dollars in Thousands)

  30-59
DPD		  60-89
DPD		  90 +
DPD		  Total
Past Due		  Total
Current		  Total
Loans
2013                              
Commercial, Financial and Agricultural  $258   $100   $—     $358   $126,062   $126,607 
Real Estate – Construction   —      —      —      —      30,587    31,012 
Real Estate – Commercial Mortgage   1,548    672    —      2,220    506,424    533,871 
Real Estate – Residential   1,647    1,090    —      2,737    300,514    309,692 
Real Estate – Home Equity   848    212    —      1,060    222,778    227,922 
Consumer   1,127    244    —      1,371    157,529    159,500 
Total Past Due Loans  $5,428   $2,318   $—     $7,746   $1,343,894   $1,388,604 
                               
2012                              
Commercial, Financial and Agricultural  $302   $314   $—     $616   $138,165   $139,850 
Real Estate – Construction   375    —      —      375    33,066    37,512 
Real Estate – Commercial Mortgage   1,090    583    —      1,673    570,907    613,625 
Real Estate – Residential   2,788    1,199    —      3,987    304,570    321,986 
Real Estate – Home Equity   711    487    —      1,198    231,031    236,263 
Consumer   1,693    392    —      2,085    155,218    157,877 
Total Past Due Loans  $6,959   $2,975   $—     $9,934   $1,432,957   $1,507,113 
Schedule of activity in the allowance for loan losses by portfolio class
(Dollars in Thousands)  Commercial, Financial, Agricultural  Real Estate Construction  Real Estate  
Commercial Mortgage		  Real Estate Residential  Real Estate Home Equity  Consumer  Unallocated  Total
2013                                        
Beginning Balance  $1,253   $2,856   $11,081   $8,678   $2,945   $1,327   $1,027   $29,167 
Provision for Loan Losses   (15)   (207)   (83)   3,392    971    441    (1,027)   3,472 
Charge-Offs   (748)   (1,070)   (3,651)   (3,835)   (1,159)   (1,751)   —      (12,214)
Recoveries   209    1    363    838    294    965    —      2,670 
Net Charge-Offs   (539)   (1,069)   (3,288)   (2,997)   (865)   (786)   —      (9,544)
Ending Balance  $699   $1,580   $7,710   $9,073   $3,051   $982   $—     $23,095 
                                         
2012                                        
Beginning Balance  $1,534   $1,133   $10,660   $12,518   $2,392   $1,887   $911   $31,035 
Provision for Loan Losses   251    2,309    5,770    4,588    3,050    82    116    16,166 
Charge-Offs   (822)   (629)   (6,031)   (9,719)   (2,896)   (2,125)   —      (22,222)
Recoveries   290    43    682    1,291    399    1,483    —      4,188 
Net Charge-Offs   (532)   (586)   (5,349)   (8,428)   (2,497)   (642)   —      (18,034)
Ending Balance  $1,253   $2,856   $11,081   $8,678   $2,945   $1,327   $1,027   $29,167 
                                         
2011                                        
Beginning Balance  $1,544   $2,060   $8,645   $17,046   $2,522   $2,612   $1,007   $35,436 
Provision for Loan Losses   1,446    (827)   8,477    6,864    2,383    749    (96)   18,996 
Charge-Offs   (1,843)   (114)   (6,713)   (11,870)   (2,727)   (2,924)   —      (26,191)
Recoveries   387    14    251    478    214    1,450    —      2,794 
Net Charge-Offs   (1,456)   (100)   (6,462)   (11,392)   (2,513)   (1,474)   —      (23,397)
Ending Balance  $1,534   $1,133   $10,660   $12,518   $2,392   $1,887   $911   $31,035 
Schedule of allowance for loan losses by portfolio class and disaggregated on the basis of the impairment methodology

 

(Dollars in Thousands)

  Commercial, Financial, Agricultural  Real Estate Construction  Real Estate Commercial Mortgage  Real Estate Residential  Real Estate Home Equity  Consumer  Unallocated  Total
2013                                        
Period-end amount                                        
Allocated to:                                        
Loans Individually Evaluated for Impairment  $75   $66   $4,336   $2,047   $682   $23   $—     $7,229 
Loans Collectively Evaluated for Impairment   624    1,514    3,374    7,026    2,369    959    —      15,866 
Ending Balance  $699   $1,580   $7,710   $9,073   $3,051   $982   $—     $23,095 
                                         
2012                                        
Period-end amount                                        
Allocated to:                                        
Loans Individually Evaluated for Impairment  $210   $714   $6,641   $2,778   $546   $32   $—     $10,921 
Loans Collectively Evaluated for Impairment   1,043    2,142    4,440    5,900    2,399    1,295    1,027    18,246 
Ending Balance  $1,253   $2,856   $11,081   $8,678   $2,945   $1,327   $1,027   $29,167 
                                         
2011                                        
Period-end amount                                        
Allocated to:                                        
Loans Individually Evaluated for Impairment  $311   $68   $5,828   $4,702   $239   $26   $—     $11,174 
Loans Collectively Evaluated for Impairment   1,223    1,065    4,832    7,816    2,153    1,861    911    19,861 
Ending Balance  $1,534   $1,133   $10,660   $12,518   $2,392   $1,887   $911   $31,035 
Schedule of allowance for loan losses by portfolio class
(Dollars in Thousands)  Commercial, Financial, Agricultural  Real Estate Construction  Real Estate  
Commercial Mortgage		  Real Estate Residential  Real Estate Home Equity  Consumer  Unallocated  Total
2013                                        
Individually Evaluated for Impairment  $1,580   $557   $49,973   $20,470   $3,359   $355   $—     $76,294 
Collectively Evaluated for Impairment   125,027    30,455    483,898    289,222    224,563    159,145    —      1,312,310 
Total  $126,607   $31,012   $533,871   $309,692   $227,922   $159,500   $—     $1,388,604 
                                         
2012                                        
Individually Evaluated for Impairment  $2,325   $4,232   $74,650   $23,030   $3,858   $687   $—     $108,782 
Collectively Evaluated for Impairment   137,525    33,280    538,975    298,956    232,405    157,190    —      1,398,331 
Total  $139,850   $37,512   $613,625   $321,986   $236,263   $157,877   $—     $1,507,113 
                                         
2011                                        
Individually Evaluated for Impairment  $1,653   $511   $65,624   $36,324   $3,527   $143   $—     $107,782 
Collectively Evaluated for Impairment   129,226    18,381    573,516    349,297    240,736    188,520    —      1,499,676 
Total  $130,879   $18,892   $639,140   $385,621   $244,263   $188,663   $—     $1,607,458 

 
Schedule of loans individually evaluated for impairment by class of loans

 

(Dollars in Thousands)

  Unpaid Principal Balance  Recorded Investment With No Allowance  Recorded Investment With Allowance  Related Allowance
2013                    
Commercial, Financial and Agricultural  $1,580   $443   $1,137   $75 
Real Estate – Construction   557    —      557    66 
Real Estate – Commercial Mortgage   49,973    19,860    30,113    4,336 
Real Estate– Residential   20,470    4,330    16,140    2,047 
Real Estate – Home Equity   3,359    646    2,713    682 
Consumer   355    90    265    23 
Total  $76,294   $25,369   $50,925   $7,229 
                     
2012                    
Commercial, Financial and Agricultural  $2,325   $527   $1,797   $210 
Real Estate – Construction   4,232    —      4,232    714 
Real Estate – Commercial Mortgage   74,650    22,594    52,056    6,641 
Real Estate – Residential   23,030    2,635    20,395    2,778 
Real Estate – Home Equity   3,858    890    2,968    546 
Consumer   687    123    565    32 
Total  $108,782   $26,769   $82,013   $10,921 
Schedule of Average recorded investment and interest income recognized by class of impaired loans
   2013  2012  2011
(Dollars in Thousands)  Average
Recorded
Investment		  Total Interest Income  Average
Recorded
Investment		  Total Interest Income  Average
Recorded
Investment		  Total Interest Income
Commercial, Financial and Agricultural  $2,861   $140   $2,018   $81   $1,554   $62 
Real Estate – Construction   1,181    7    4,443    70    1,775    36 
Real Estate – Commercial Mortgage   60,043    2,062    70,701    2,113    50,706    1,285 
Real Estate– Residential   21,238    860    28,680    853    30,988    667 
Real Estate – Home Equity   4,037    72    3,540    95    2,743    61 
Consumer   501    10    229    3    90    3 
Total  $89,861   $3,151   $109,611   $3,215   $87,856   $2,114 
Schedule of risk category of loans by segment
(Dollars in Thousands)  Commercial, Financial, Agriculture  Real Estate  Consumer  Total Criticized Loans
2013                    
Special Mention  $3,656   $45,870   $115   $49,641 
Substandard   4,243    108,990    1,496    114,729 
Doubtful   —      900    —      900 
Total Criticized Loans  $7,899   $155,760   $1,611   $165,270 
                     
2012                    
Special Mention  $4,380   $54,938   $142   $59,460 
Substandard   10,863    177,277    1,624    189,764 
Doubtful   158    1,515    —      1,673 
Total Criticized Loans  $15,401   $233,730   $1,766   $250,897 
Schedule of troubled debt restructurings loans
   2013  2012
(Dollars in Thousands)  Accruing  Nonaccruing  Accruing  Nonaccruing
Commercial, Financial and Agricultural  $1,511   $—     $1,462   $508 
Real Estate – Construction   156    —      161    —   
Real Estate – Commercial Mortgage   24,735    10,308    29,870    8,425 
Real Estate– Residential   16,441    458    13,824    936 
Real Estate – Home Equity   1,576    241    1,587    —   
Consumer   345    —      570    10 
Total TDRs  $44,764   $11,007   $47,474   $9,879 
Schedule of loans classified as troubled debt in which modifications made
   2013  2012  2011
(Dollars in Thousands)  Number of
Contracts		  Recorded
Investment(1)		  Number of
Contracts		  Recorded
Investment(1)		  Number of
Contracts		  Recorded
Investment(1)
Commercial, Financial and Agricultural   4   $337    12   $1,857    7   $547 
Real Estate – Construction   —      —      6    976    5    3,752 
Real Estate – Commercial Mortgage   13    9,653    54    16,011    46    16,311 
Real Estate– Residential   18    2,073    68    6,955    79    15,487 
Real Estate – Home Equity   9    587    19    731    9    660 
Consumer   6    93    60    656    2    23 
Total TDRs   50   $12,743    219   $27,186    148   $36,780 

 

(1)Recorded investment reflects charge-offs and additional funds advanced at time of restructure, if applicable.
Schedule of loans classified as troubled debt subsequently defaulted
   2013  2012  2011
(Dollars in Thousands)  Number of
Contracts		  Recorded
Investment(1)		  Number of
Contracts		  Recorded
Investment(1)		  Number of
Contracts		  Recorded
Investment(1)
Commercial, Financial and Agricultural   —     $—      —     $—      2   $218 
Real Estate – Construction   —      —      4    713    1    2,327 
Real Estate – Commercial Mortgage   1    73    3    1,001    12    5,221 
Real Estate– Residential   —      —      7    1,906    7    1,424 
Real Estate – Home Equity   1    50    —      —      —      —   
Consumer   —      —      1    2    —      —   
Total TDRs   2   $123    15   $3,622    22   $9,190 

 

(1)Recorded investment reflects charge-offs and additional funds advanced at time of restructure, if applicable.