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Loan and Allowance for Loan Loss (Tables)
 3 Months Ended
Mar. 31, 2014
Loans And Leases Receivable Disclosure  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
March 31,December 31,
(In thousands)20142013
Commercial and industrial$54,632$57,780
Construction and land development31,27536,479
Commercial real estate:
Owner occupied53,97356,102
Other124,748118,818
Total commercial real estate178,721174,920
Residential real estate:
Consumer mortgage58,44957,871
Investment property42,98443,835
Total residential real estate101,433101,706
Consumer installment11,76612,893
Total loans377,827383,778
Less: unearned income(477)(439)
Loans, net of unearned income$377,350$383,339
Past Due Financing Receivables [Table Text Block]
AccruingAccruingTotal
30-89 DaysGreater thanAccruingNon-Total
(In thousands)CurrentPast Due90 daysLoansAccrualLoans
March 31, 2014:
Commercial and industrial$ 54,270 191 117 54,578 54$ 54,632
Construction and land development 29,747 157 — 29,904 1,371 31,275
Commercial real estate:
Owner occupied 53,417 275 — 53,692 281 53,973
Other 124,133 186 — 124,319 429 124,748
Total commercial real estate 177,550 461 — 178,011 710 178,721
Residential real estate:
Consumer mortgage 56,358 1,340 — 57,698 751 58,449
Investment property 42,195 494 — 42,689 295 42,984
Total residential real estate 98,553 1,834 — 100,387 1,046 101,433
Consumer installment 11,659 86 14 11,759 7 11,766
Total$ 371,779 2,729 131 374,639 3,188$ 377,827
December 31, 2013:
Commercial and industrial$ 57,558 167 — 57,725 55$ 57,780
Construction and land development 34,883 14 — 34,897 1,582 36,479
Commercial real estate:
Owner occupied 54,214 861 — 55,075 1,027 56,102
Other 118,389 — — 118,389 429 118,818
Total commercial real estate 172,603 861 — 173,464 1,456 174,920
Residential real estate:
Consumer mortgage 56,191 745 69 57,005 866 57,871
Investment property 42,935 598 — 43,533 302 43,835
Total residential real estate 99,126 1,343 69 100,538 1,168 101,706
Consumer installment 12,789 100 4 12,893 — 12,893
Total$ 376,959 2,485 73 379,517 4,261$ 383,778
Allowance for Credit Losses on Financing Receivables [Table Text Block]
March 31, 2014
(In thousands)Commercial and industrialConstruction and land developmentCommercial real estateResidential real estateConsumer installmentTotal
Quarter ended:
Beginning balance$3863663,1861,114216$ 5,268
Charge-offs —(236) —(31)(36)(303)
Recoveries42118166 146
Net (charge-offs) recoveries4(234)118(15)(30)(157)
Provision9282(811)15780(400)
Ending balance$ 482 214 2,493 1,256 266$ 4,711
March 31, 2013
(In thousands)Commercial and industrialConstruction and land developmentCommercial real estateResidential real estateConsumer installmentTotal
Quarter ended:
Beginning balance$8121,5453,1371,126103 6,723
Charge-offs(68)(39) —(266)(17)$(390)
Recoveries12 —5136$36
Net (charge-offs) recoveries(56)(39)5(253)(11)(354)
Provision(187)1134291233$400
Ending balance$5691,6193,571885125$ 6,769
FinancingReceivableAllowanceforCreditLossAdditionalInformationTableTextBlock
Collectively evaluated (1)Individually evaluated (2)Total
AllowanceRecordedAllowanceRecordedAllowanceRecorded
for loaninvestmentfor loaninvestmentfor loaninvestment
(In thousands)lossesin loanslossesin loanslossesin loans
March 31, 2014:
Commercial and industrial$ 482 54,520 — 112 482 54,632
Construction and land development 214 29,904 — 1,371 214 31,275
Commercial real estate 2,314 176,548 179 2,173 2,493 178,721
Residential real estate 1,256 100,529 — 904 1,256 101,433
Consumer installment 266 11,766 — — 266 11,766
Total$ 4,532 373,267 179 4,560 4,711 377,827
March 31, 2013:
Commercial and industrial$ 569 55,576 — 160 569 55,736
Construction and land development 1,498 39,489 121 1,615 1,619 41,104
Commercial real estate 3,327 176,492 244 2,501 3,571 178,993
Residential real estate 801 101,861 84 1,117 885 102,978
Consumer installment 125 12,026 — — 125 12,026
Total$ 6,320 385,444 449 5,393 6,769 390,837
(1)Represents loans collectively evaluated for impairment in accordance with ASC 450-20, Loss Contingencies (formerly FAS 5), and
pursuant to amendments by ASU 2010-20 regarding allowance for unimpaired loans.
(2)Represents loans individually evaluated for impairment in accordance with ASC 310-30, Receivables (formerly FAS 114), and
pursuant to amendments by ASU 2010-20 regarding allowance for impaired loans.
Financing Receivable Credit Quality Indicators [Table Text Block]
(In thousands) Pass Special MentionSubstandard AccruingNonaccrualTotal loans
March 31, 2014:
Commercial and industrial$ 49,947 4,182 449 54$ 54,632
Construction and land development 28,593 633 678 1,371 31,275
Commercial real estate:
Owner occupied 52,058 1,218 416 281 53,973
Other 123,434 90 795 429 124,748
Total commercial real estate 175,492 1,308 1,211 710 178,721
Residential real estate:
Consumer mortgage 50,436 2,724 4,538 751 58,449
Investment property 39,971 1,343 1,375 295 42,984
Total residential real estate 90,407 4,067 5,913 1,046 101,433
Consumer installment 11,621 32 106 7 11,766
Total$ 356,060 10,222 8,357 3,188$ 377,827
December 31, 2013:
Commercial and industrial$ 53,060 4,183 482 55$ 57,780
Construction and land development 33,616 180 1,101 1,582 36,479
Commercial real estate:
Owner occupied 53,430 770 875 1,027 56,102
Other 117,490 91 808 429 118,818
Total commercial real estate 170,920 861 1,683 1,456 174,920
Residential real estate:
Consumer mortgage 50,392 1,137 5,476 866 57,871
Investment property 40,517 1,310 1,706 302 43,835
Total residential real estate 90,909 2,447 7,182 1,168 101,706
Consumer installment 12,713 34 146 — 12,893
Total$ 361,218 7,705 10,594 4,261$ 383,778
Impaired Financing Receivables [Table Text Block]
March 31, 2014
(In thousands)Unpaid principal balance (1)Charge-offs and payments applied (2)Recorded investment (3)Related allowance
With no allowance recorded:
Commercial and industrial$112 —112
Construction and land development3,326(1,955)1,371
Commercial real estate:
Owner occupied340(59)281
Other519(90)429
Total commercial real estate859(149)710
Residential real estate:
Consumer mortgages947(211)736
Investment property207(39)168
Total residential real estate1,154(250)904
Total $5,451 (2,354)3,097
With allowance recorded:
Commercial real estate:
Owner occupied868 —868124
Other595 —59555
Total commercial real estate1,463 —1,463179
Total $1,463 —1,463$179
Total impaired loans$6,914 (2,354)4,560$179
(1) Unpaid principal balance represents the contractual obligation due from the customer.
(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments that have been
applied against the outstanding principal balance subsequent to the loans being placed on nonaccrual status.
(3) Recorded investment represents the unpaid principal balance less charge-offs and payments applied; it is shown before
any related allowance for loan losses.
December 31, 2013
(In thousands)Unpaid principal balance (1)Charge-offs and payments applied (2)Recorded investment (3)Related allowance
With no allowance recorded:
Commercial and industrial$124 —124
Construction and land development2,879 (1,682)1,197
Commercial real estate:
Owner occupied1,217 (190)1,027
Other518 (89)429
Total commercial real estate1,735(279)1,456
Residential real estate:
Consumer mortgages952 (198)754
Investment property207 (35)172
Total residential real estate1,159(233)926
Total $5,897(2,194)3,703
With allowance recorded:
Construction and land development452 (67)38588
Commercial real estate:
Owner occupied875 —875110
Other602 —60262
Total commercial real estate1,477 —1,477172
Total $1,929 (67)1,862$260
Total impaired loans$7,826 (2,261)5,565$260
(1) Unpaid principal balance represents the contractual obligation due from the customer.
(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments that have been
applied against the outstanding principal balance subsequent to the loans being placed on nonaccrual status.
(3) Recorded investment represents the unpaid principal balance less charge-offs and payments applied; it is shown before
any related allowance for loan losses.
ScheduleOfAverageImpairedFinancingReceivableTableTextBlock
Quarter ended March 31, 2014Quarter ended March 31, 2013
AverageTotal interestAverageTotal interest
recordedincomerecordedincome
(In thousands)investmentrecognizedinvestmentrecognized
Impaired loans:
Commercial and industrial$116$2$164$3
Construction and land development1,508 —1,619 —
Commercial real estate:
Owner occupied1,648122,04414
Other1,02693,004 —
Total commercial real estate2,674215,04814
Residential real estate:
Consumer mortgages742 —811 —
Investment property170 —305 —
Total residential real estate912 —1,116 —
Total $5,210$23$7,947$17
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
TDRs
Related
(In thousands)AccruingNonaccrualTotalAllowance
March 31, 2014
Commercial and industrial$112 —112$ —
Construction and land development —1,3711,371 —
Commercial real estate:
Owner occupied8682811,149124
Other5954291,02455
Total commercial real estate1,4637102,173179
Residential real estate:
Consumer mortgages —736736 —
Investment property —168168 —
Total residential real estate —904904 —
Total $1,5752,9854,560$179
December 31, 2013
Commercial and industrial$124 —124$ —
Construction and land development —1,5821,58288
Commercial real estate:
Owner occupied8752851,160110
Other 6024291,031 62
Total commercial real estate1,4777142,191172
Residential real estate:
Consumer mortgages —754754 —
Investment property —172172 —
Total residential real estate —926926 —
Total $1,6013,2224,823$260
March 31, 2014Marh 31, 2013
Pre-Post -Pre-Post -
modificationmodificationmodificationmodification
NumberoutstandingoutstandingNumberoutstandingoutstanding
ofrecordedrecordedofrecordedrecorded
(Dollars in thousands)contractsinvestmentinvestmentcontractsinvestmentinvestment
TDRs:
Commercial real estate:
Other —$ — —1$431431
Total commercial real estate — — —1431431
Residential real estate:
Consumer mortgages — — —1131131
Total residential real estate — — —1131131
Total —$ — —2$562562
Quarter ended March 31, 2014Quarter ended March 31, 2013
Number ofRecordedNumber ofRecorded
(Dollars in thousands)Contractsinvestment(1)Contractsinvestment(1)
TDRs:
Construction and land development —$ — 1$ 1,197
Total —$ — 1$ 1,197
(1) Amount as of applicable month end during the respective period for which there was a payment default.