Loans (Tables)

12 Months Ended

Dec. 31, 2013

Receivables [Abstract]

Information Relating to Loans

Information relating to loans at December 31 is summarized as follows:

	2013		2012
	(In thousands)
Construction and land development	$	67,450	$	60,736
Commercial real estate		520,382		486,828
Residential real estate		592,746		569,331
Commercial and financial		78,636		61,903
Consumer		44,713		46,930
Other		280		353
NET LOAN BALANCES	$	1,304,207	$	1,226,081

(1) Net loan balances at December 31, 2013 and 2012 include deferred costs of $2,618,000 and $1,530,000, respectively.

Contractual Aging of Recorded Investment in Past Due Loans

The following tables present the contractual aging of the recorded investment in past due loans by class of loans as of December 31, 2013 and 2012:

December 31, 2013	Accruing 30-59 Days Past Due		Accruing 60-89 Days Past Due		Accruing Greater Than 90 Days		Nonaccrual		Current		Total Financing Receivables
	(In thousands)
Construction and land development	$	3	$	0	$	0	$	1,302	$	66,145	$	67,450
Commercial real estate		684		345		0		5,111		514,242		520,382
Residential real estate		974		909		160		20,705		569,998		592,746
Commercial and financial		353		0		0		13		78,270		78,636
Consumer		33		27		0		541		44,112		44,713
Other		0		0		0		0		280		280
Total	$	2,047	$	1,281	$	160	$	27,672	$	1,273,047	$	1,304,207
December 31, 2012	Accruing 30-59 Days Past Due		Accruing 60-89 Days Past Due		Accruing Greater Than 90 Days		Nonaccrual		Current		Total Financing Receivables
	(In thousands)
Construction and 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 December 31, 2013 and 2012:

December 31, 2013	Construction & Land Development		Commercial Real Estate		Residential Real Estate		Commercial and Financial		Consumer		Total
	(In thousands)
Pass	$	63,186	$	485,268	$	554,681	$	77,840	$	43,267	$	1,224,242
Special mention		583		6,810		824		382		300		8,899
Substandard		0		15,886		1,670		248		453		18,257
Doubtful		0		0		0		0		0		0
Nonaccrual		1,302		5,111		20,705		13		541		27,672
Pass-Troubled debt restructures		1,838		5,584		30		0		0		7,452
Troubled debt restructures		541		1,723		14,836		153		432		17,685
	$	67,450	$	520,382	$	592,746	$	78,636	$	44,993	$	1,304,207
December 31, 2012	Construction & Land Development		Commercial Real Estate		Residential Real Estate		Commercial and Financial		Consumer		Total
	(In thousands)
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