Impaired Loans and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2014

Financing Receivable, Allowance for Credit Losses [Line Items]

Troubled Debt Restructurings on Financing Receivables

The following table presents loans that were modified within the twelve months ending December 31, 2014:

			Pre-		Post-
			Modification		Modification
	Number		Outstanding		Outstanding		Specific		Valuation
	of		Recorded		Recorded		Reserve		Allowance
	Contracts		Investment		Investment		Recorded		Recorded
	(In thousands)
Construction and land  development	$	1	$	72	$	71	$	0	$	1
Residential real estate		6		687		638		0		49
Commercial real estate		1		4,300		3,975		0		325
		8	$	5,059	$	4,684	$	0	$	375

Impaired Financing Receivables

At December 31, 2014 and 2013, the Company's recorded investment in impaired loans (excluding purchased loans) and related valuation allowance was as follows:

	Impaired Loans
	for the Year Ended December 31, 2014
			Unpaid		Related		Average		Interest
	Recorded		Principal		Valuation		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
	( In thousands )
With no related allowance recorded:
Construction and land development	$	1,824	$	2,239	$	0	$	2,080	$	106
Commercial real estate		3,087		4,600		0		2,713		20
Residential real estate		11,898		16,562		0		11,366		198
Commercial and financial		120		120		0		110		8
Consumer		65		93		0		291		1
With an allowance recorded:
Construction and land development		886		931		159		1,213		81
Commercial real estate		8,359		8,469		529		10,446		461
Residential real estate		16,804		17,693		2,741		20,793		445
Commercial and financial		0		0		0		47		0
Consumer		534		562		112		543		25
Total:
Construction and land development		2,710		3,170		159		3,293		187
Commercial real estate		11,446		13,069		529		13,159		481
Residential real estate		28,702		34,255		2,741		32,159		643
Commercial and financial		120		120		0		157		8
Consumer		599		655		112		834		26
	$	43,577	$	51,269	$	3,541	$	49,602	$	1,345

	Impaired Loans
	for the Year Ended December 31, 2013
			Unpaid		Related		Average		Interest
	Recorded		Principal		Valuation		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
	( In thousands )
With no related allowance recorded:
Construction and land development	$	2,561	$	3,180	$	0	$	2,446	$	102
Commercial real estate		4,481		6,577		0		7,382		28
Residential real estate		12,366		17,372		0		14,512		81
Commercial and financial		153		153		0		19		9
Consumer		425		569		0		162		19
With an allowance recorded:
Construction and land development		1,120		1,197		149		1,347		36
Commercial real estate		7,937		8,046		638		17,264		395
Residential real estate		23,365		24,766		4,528		22,899		566
Commercial and financial		13		13		13		1		1
Consumer		548		573		118		571		23
Total:
Construction and land development		3,681		4,377		149		3,793		138
Commercial real estate		12,418		14,623		638		24,646		423
Residential real estate		35,731		42,138		4,528		37,411		647
Commercial and financial		166		166		13		20		10
Consumer		973		1,142		118		733		42
	$	52,969	$	62,446	$	5,446	$	66,603	$	1,260

Allowance for Credit Losses on Financing Receivables

Activity in the allowance for loans losses (excluding PCI loans) for the three years ended December 31, 2014, 2013 and 2012 are summarized as follows:

	Beginning Balance		Provision for Loan Losses		Charge- Offs		Recoveries		Net (Charge- Offs) Recoveries		Ending Balance
	(In thousands)
December 31 , 2014
Construction and land development	$	808	$	139	$	(640)	$	415	$	(225)	$	722
Commercial real estate		6,160		(2,917)		(398)		1,683		1,285		4,528
Residential real estate		11,659		(1,651)		(1,126)		902		(224)		9,784
Commercial and financial		710		697		(398)		170		(228)		1,179
Consumer		731		182		(193)		74		(119)		794
	$	20,068	$	(3,550)	$	(2,755)	$	3,244	$	489	$	17,007
December 31 , 2013
Construction and land development	$	1,134	$	66	$	(604)	$	212	$	(392)	$	808
Commercial real estate		8,849		(522)		(2,714)		547		(2,167)		6,160
Residential real estate		11,090		3,273		(3,153)		449		(2,704)		11,659
Commercial and financial		468		(24)		(60)		326		266		710
Consumer		563		395		(253)		26		(227)		731
	$	22,104	$	3,188	$	(6,784)	$	1,560	$	(5,224)	$	20,068
December 31, 2012
Construction and land development	$	1,883	$	(478)	$	(612)	$	341	$	(271)	$	1,134
Commercial real estate		11,477		3,209		(8,539)		2,702		(5,837)		8,849
Residential real estate		10,966		7,767		(8,381)		738		(7,643)		11,090
Commercial and financial		402		283		(346)		129		(217)		468
Consumer		837		15		(410)		121		(289)		563
	$	25,565	$	10,796	$	(18,288)	$	4,031	$	(14,257)	$	22,104

Loan Portfolio And Related Allowance

The Company's loan portfolio (excluding PCI loans) and related allowance at December 31, 2014 and 2013 is shown in the following tables.

	Individually Evaluated for Impairment				Collectively Evaluated for Impairment				Total
December 31, 2014	Carrying Value		Associated Allowance		Carrying Value		Associated Allowance		Carrying Value		Associated Allowance
	(In thousands)
Construction and land development	$	2,710	$	159	$	82,769	$	563	$	85,479	$	722
Commercial real estate		11,446		529		821,609		3,999		833,055		4,528
Residential real estate		28,702		2,741		657,344		7,043		686,046		9,784
Commercial and financial		120		0		155,964		1,179		156,084		1,179
Consumer		599		112		52,808		682		53,407		794
	$	43,577	$	3,541	$	1,770,494	$	13,466	$	1,814,071	$	17,007

	Individually Evaluated for				Collectively Evaluated for
	Impairment				Impairment				Total
December 31, 2013	Carrying Value		Associated Allowance		Carrying Value		Associated Allowance		Carrying Value		Associated Allowance
	(In thousands)
Construction and land development	$	3,681	$	149	$	63,769	$	659	$	67,450	$	808
Commercial real estate		12,418		638		507,964		5,522		520,382		6,160
Residential real estate		35,731		4,528		557,015		7,131		592,746		11,659
Commercial and financial		166		13		78,470		697		78,636		710
Consumer		973		118		44,020		613		44,993		731
	$	52,969	$	5,446	$	1,251,238	$	14,622	$	1,304,207	$	20,068

PCI Loans [Member]

Financing Receivable, Allowance for Credit Losses [Line Items]

Loan Portfolio And Related Allowance

The table below summarizes PCI loans that were individually evaluated for impairment based on expected cash flows.

	PCI Loans Individually Evaluated for Impairment
December 31, 2014	Carrying Value		Associated Allowance
Construction and land development	$	1,557	$	43
Commercial real estate		4,092		3
Residential real estate		851		18
Commercial and financial		1,312		0
Consumer		2		0
	$	7,814	$	64