Loans (Tables)

9 Months Ended

Sep. 30, 2013

Receivables [Abstract]

Information Relating to Loans

Information relating to loans is summarized as follows:

	September 30,		December 31
(Dollars in thousands)	2013		2012
Construction and land development	$	62,766	$	60,736
Commercial real estate		499,070		486,828
Residential real estate		582,576		569,331
Commercial and financial		70,779		61,903
Consumer		47,231		46,930
Other loans		490		353
NET LOAN BALANCES	$	1,262,912	$	1,226,081

(1) Net loan balances as of September 30, 2013 and December 31, 2012 are net of deferred costs of $2,113,000 and $1,530,000, respectively.

Contractual Aging of Recorded Investment in Past Due Loans

The following table presents the contractual aging of the recorded investment in past due loans by class of loans as of September 30, 2013 and December 31, 2012:

September 30, 2013

(Dollars in thousands)	Accruing 30-59 Days Past Due		Accruing 60-89 Days Past Due		Accruing Greater Than 90 Days		Nonaccrual		Current		Total Financing Receivables
Construction & land development	$	86	$	0	$	0	$	1,454	$	61,226	$	62,766
Commercial real estate		21		0		0		6,339		492,710		499,070
Residential real estate		1,575		194		0		20,696		560,111		582,576
Commercial and financial		0		0		0		0		70,779		70,779
Consumer		77		0		0		235		46,919		47,231
Other		0		0		0		0		490		490
Total	$	1,759	$	194	$	0	$	28,724	$	1,232,235	$	1,262,912

December 31, 2012

(Dollars in thousands)	Accruing 30-59 Days Past Due		Accruing 60-89 Days Past Due		Accruing Greater Than 90 Days		Nonaccrual		Current		Total Financing Receivables
Construction & land development	$	7	$	0	$	0	$	1,342	$	59,387	$	60,736
Commercial real estate		832		5		0		17,234		468,757		486,828
Residential real estate		1,179		1,377		1		22,099		544,675		569,331
Commercial and financial		41		0		0		0		61,862		61,903
Consumer		109		0		0		280		46,541		46,930
Other		0		0		0		0		353		353
Total	$	2,168	$	1,382	$	1	$	40,955	$	1,181,575	$	1,226,081

Risk Category, Class of Loans and Recorded Investment

The following tables present the risk category of loans by class of loans based on the most recent analysis performed as of September 30, 2013 and December 31, 2012:

September 30, 2013

	Construction						Commercial
	& Land		Commercial		Residential		and		Consumer
(Dollars in thousands)	Development		Real Estate		Real Estate		Financial		Loans		Total
Pass	$	58,318	$	460,210	$	544,711	$	70,156	$	46,098	$	1,179,493
Special mention		593		8,702		622		336		498		10,751
Substandard		0		16,435		1,290		263		447		18,435
Doubtful		0		0		0		0		0		0
Nonaccrual		1,454		6,339		20,696		0		235		28,724
Pass-Troubled debt restructures		1,838		5,167		33		0		0		7,038
Troubled debt restructures		563		2,217		15,224		24		443		18,471
	$	62,766	$	499,070	$	582,576	$	70,779	$	47,721	$	1,262,912

December 31, 2012

	Construction						Commercial
	& Land		Commercial		Residential		and		Consumer
(Dollars in thousands)	Development		Real Estate		Real Estate		Financial		Loans		Total
Pass	$	54,994	$	414,023	$	527,891	$	61,123	$	45,907	$	1,103,938
Special mention		1,717		12,137		1,686		587		450		16,577
Substandard		0		22,180		36		193		256		22,665
Doubtful		0		0		0		0		0		0
Nonaccrual		1,342		17,234		22,099		0		280		40,955
Pass-Troubled debt restructures		2,103		6,513		0		0		0		8,616
Troubled debt restructures		580		14,741		17,619		0		390		33,330
	$	60,736	$	486,828	$	569,331	$	61,903	$	47,283	$	1,226,081