XML 54 R43.htm IDEA: XBRL DOCUMENT v3.6.0.2
Loans And Related Allowances For Loan Losses (Tables)
 12 Months Ended
Dec. 31, 2015
Loans and Related Allowances for Loan Losses [Abstract]  
Loan Portfolio Segments

The following table summarizes the primary segments of the loan portfolio as of December 31, 2015 and December 31, 2014:



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

Commercial Real Estate

Acquisition and Development

Commercial and Industrial

Residential Mortgage

Consumer

Total

December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

   Individually evaluated for impairment

$

 14,646 

$

 4,496 

$

 1,076 

$

 4,590 

$

 0 

$

 24,808 

   Collectively evaluated for impairment

$

 265,859 

$

 106,490 

$

 72,777 

$

 384,149 

$

 24,940 

$

 854,215 

Total loans

$

 280,505 

$

 110,986 

$

 73,853 

$

 388,739 

$

 24,940 

$

 879,023 



 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

   Individually evaluated for impairment

$

 11,949 

$

 6,553 

$

 1,861 

$

 4,418 

$

 0 

$

 24,781 

   Collectively evaluated for impairment

$

 244,115 

$

 92,748 

$

 91,394 

$

 363,223 

$

 23,730 

$

 815,210 

Total loans

$

 256,064 

$

 99,301 

$

 93,255 

$

 367,641 

$

 23,730 

$

 839,991 



Schedule of Related Party Transactions

Changes in the dollar amount of loans outstanding to officers, directors and their associates were as follows for the year ended December 31:







 

 



 

 

(in thousands)

 

2015

Balance at January 1

$

 9,207 

Loans or advances

 

 3,589 

Repayments

 

 (1,403)

Balance at December 31

$

 11,393 



Classes of the Loan Portfolio Summarized by the Aggregate Risk Rating



 

 

 

 

 

 

 

 

(in thousands)

Pass

Special Mention

Substandard

Total

December 31, 2015

 

 

 

 

 

 

 

 

  Commercial real estate

 

 

 

 

 

 

 

 

     Non owner-occupied

$

 140,378 

$

 11,574 

$

 7,378 

$

 159,330 

     All other CRE

 

 103,811 

 

 1,184 

 

 16,180 

 

 121,175 

  Acquisition and development

 

 

 

 

 

 

 

 

     1-4 family residential construction

 

 15,011 

 

 0 

 

 700 

 

 15,711 

     All other A&D

 

 89,963 

 

 74 

 

 5,238 

 

 95,275 

  Commercial and industrial

 

 69,420 

 

 1,212 

 

 3,221 

 

 73,853 

  Residential mortgage

 

 

 

 

 

 

 

 

     Residential mortgage - term

 

 300,558 

 

 167 

 

 10,744 

 

 311,469 

     Residential mortgage – home equity

 

 75,491 

 

 0 

 

 1,779 

 

 77,270 

  Consumer

 

 24,881 

 

 0 

 

 59 

 

 24,940 

        Total

$

 819,513 

$

 14,211 

$

 45,299 

$

 879,023 



 

 

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

  Commercial real estate

 

 

 

 

 

 

 

 

     Non owner-occupied

$

 115,276 

$

 10,884 

$

 11,273 

$

 137,433 

     All other CRE

 

 90,740 

 

 8,618 

 

 19,273 

 

 118,631 

  Acquisition and development

 

 

 

 

 

 

 

 

     1-4 family residential construction

 

 12,920 

 

 0 

 

 790 

 

 13,710 

     All other A&D

 

 72,323 

 

 1,356 

 

 11,912 

 

 85,591 

  Commercial and industrial

 

 88,579 

 

 884 

 

 3,792 

 

 93,255 

  Residential mortgage

 

 

 

 

 

 

 

 

     Residential mortgage - term

 

 280,113 

 

 379 

 

 10,934 

 

 291,426 

     Residential mortgage – home equity

 

 74,698 

 

 90 

 

 1,427 

 

 76,215 

  Consumer

 

 23,658 

 

 0 

 

 72 

 

 23,730 

        Total

$

 758,307 

$

 22,211 

$

 59,473 

$

 839,991 



Loan Portfolio Summarized by the Past Due Status



 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

Current

30-59 Day Past Due

60-89 Days Past Due

90 Days+ Past Due

Total Past Due and still accruing

Non-Accrual

Total Loans

December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Commercial real estate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Non owner-occupied

$

 157,217 

$

 634 

$

 171 

$

 0 

$

 805 

$

 1,308 

$

 159,330 

     All other CRE

 

 110,022 

 

 1,179 

 

 0 

 

 0 

 

 1,179 

 

 9,974 

 

 121,175 

  Acquisition and development

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     1-4 family residential construction

 

 15,711 

 

 0 

 

 0 

 

 0 

 

 0 

 

 0 

 

 15,711 

     All other A&D

 

 92,867 

 

 417 

 

 174 

 

 0 

 

 591 

 

 1,817 

 

 95,275 

  Commercial and industrial

 

 73,619 

 

 13 

 

 36 

 

 0 

 

 49 

 

 185 

 

 73,853 

  Residential mortgage

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Residential mortgage - term

 

 298,391 

 

 8,084 

 

 2,149 

 

 907 

 

 11,140 

 

 1,938 

 

 311,469 

     Residential mortgage – home equity

 

 76,195 

 

 505 

 

 203 

 

 91 

 

 799 

 

 276 

 

 77,270 

  Consumer

 

 24,596 

 

 232 

 

 85 

 

 27 

 

 344 

 

 0 

 

 24,940 

        Total

$

 848,618 

$

 11,064 

$

 2,818 

$

 1,025 

$

 14,907 

$

 15,498 

$

 879,023 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Commercial real estate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Non owner-occupied

$

 135,994 

$

 104 

$

 183 

$

 0 

$

 287 

$

 1,152 

$

 137,433 

     All other CRE

 

 112,825 

 

 1,196 

 

 0 

 

 0 

 

 1,196 

 

 4,610 

 

 118,631 

  Acquisition and development

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     1-4 family residential construction

 

 13,710 

 

 0 

 

 0 

 

 0 

 

 0 

 

 0 

 

 13,710 

     All other A&D

 

 81,702 

 

 239 

 

 40 

 

 1 

 

 280 

 

 3,609 

 

 85,591 

  Commercial and industrial

 

 93,060 

 

 0 

 

 20 

 

 4 

 

 24 

 

 171 

 

 93,255 

  Residential mortgage

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Residential mortgage - term

 

 279,340 

 

 8,654 

 

 1,350 

 

 416 

 

 10,420 

 

 1,666 

 

 291,426 

     Residential mortgage – home equity

 

 74,913 

 

 577 

 

 313 

 

 69 

 

 959 

 

 343 

 

 76,215 

  Consumer

 

 23,316 

 

 287 

 

 88 

 

 39 

 

 414 

 

 0 

 

 23,730 

        Total

$

 814,860 

$

 11,057 

$

 1,994 

$

 529 

$

 13,580 

$

 11,551 

$

 839,991 



Primary Segments of the Allowance for Loan Loss



 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

Commercial Real Estate

Acquisition and Development

Commercial and Industrial

Residential Mortgage

Consumer

 

Unallocated

Total

December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Individually evaluated for impairment

$

 144 

$

 867 

$

 16 

$

 130 

$

 0 

$

 0 

$

 1,157 

   Collectively evaluated for impairment

$

 2,436 

$

 3,262 

$

 706 

$

 3,655 

$

 206 

$

 500 

$

 10,765 

Total ALL

$

 2,580 

$

 4,129 

$

 722 

$

 3,785 

$

 206 

$

 500 

$

 11,922 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Individually evaluated for impairment

$

 36 

$

 1,141 

$

 0 

$

 59 

$

 0 

$

 0 

$

 1,236 

   Collectively evaluated for impairment

$

 2,388 

$

 2,771 

$

 1,680 

$

 3,803 

$

 187 

$

 0 

$

 10,829 

Total ALL

$

 2,424 

$

 3,912 

$

 1,680 

$

 3,862 

$

 187 

$

 0 

$

 12,065 



Impaired Loans and Related Interest Income by Loan Portfolio Class



 

 

 

 

 

 

 

 

 

 



 

Impaired Loans with Specific Allowance

 

Impaired Loans with No Specific Allowance

 

Total Impaired Loans

(in thousands)

 

Recorded Investment

 

Related Allowances

 

Recorded Investment

 

Recorded Investment

 

Unpaid Principal Balance

December 31, 2015

 

 

 

 

 

 

 

 

 

 

  Commercial real estate

 

 

 

 

 

 

 

 

 

 

     Non owner-occupied

$

 676 

$

 144 

$

 1,031 

$

 1,707 

$

 1,842 

     All other CRE

 

 0 

 

 0 

 

 12,939 

 

 12,939 

 

 13,302 

  Acquisition and development

 

 

 

 

 

 

 

 

 

 

     1-4 family residential construction

 

 700 

 

 178 

 

 0 

 

 700 

 

 746 

     All other A&D

 

 1,979 

 

 689 

 

 1,817 

 

 3,796 

 

 8,362 

  Commercial and industrial

 

 16 

 

 16 

 

 1,060 

 

 1,076 

 

 3,343 

  Residential mortgage

 

 

 

 

 

 

 

 

 

 

     Residential mortgage - term

 

 440 

 

 112 

 

 3,874 

 

 4,314 

 

 4,808 

     Residential mortgage – home equity

 

 57 

 

 18 

 

 219 

 

 276 

 

 297 

  Consumer

 

 0 

 

 0 

 

 0 

 

 0 

 

 0 

        Total impaired loans

$

 3,868 

$

 1,157 

$

 20,940 

$

 24,808 

$

 32,700 



 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

  Commercial real estate

 

 

 

 

 

 

 

 

 

 

     Non owner-occupied

$

 143 

$

 35 

$

 4,353 

$

 4,496 

$

 4,543 

     All other CRE

 

 0 

 

 0 

 

 7,453 

 

 7,453 

 

 7,944 

  Acquisition and development

 

 

 

 

 

 

 

 

 

 

     1-4 family residential construction

 

 790 

 

 105 

 

 0 

 

 790 

 

 836 

     All other A&D

 

 3,615 

 

 1,037 

 

 2,148 

 

 5,763 

 

 9,590 

  Commercial and industrial

 

 0 

 

 0 

 

 1,861 

 

 1,861 

 

 2,723 

  Residential mortgage

 

 

 

 

 

 

 

 

 

 

     Residential mortgage - term

 

 296 

 

 59 

 

 3,779 

 

 4,075 

 

 4,485 

     Residential mortgage – home equity

 

 0 

 

 0 

 

 343 

 

 343 

 

 363 

  Consumer

 

 0 

 

 0 

 

 0 

 

 0 

 

 0 

        Total impaired loans

$

 4,844 

$

 1,236 

$

 19,937 

$

 24,781 

$

 30,484 



Allowance for Loan Losses Summarized by Loan Portfolio Segments

Activity in the ALL is presented for the years ended December 31, 2015 and December 31, 2014:







 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

Commercial Real Estate

Acquisition and Development

Commercial and Industrial

Residential Mortgage

Consumer

 

Unallocated

Total

ALL balance at January 1, 2015

$

 2,424 

$

 3,912 

$

 1,680 

$

 3,862 

$

 187 

$

 0 

$

 12,065 

Charge-offs

 

 (420)

 

 (1,261)

 

 (26)

 

 (300)

 

 (307)

 

 0 

 

 (2,314)

Recoveries

 

 283 

 

 382 

 

 26 

 

 217 

 

 209 

 

 0 

 

 1,117 

Provision

 

 293 

 

 1,096 

 

 (958)

 

 6 

 

 117 

 

 500 

 

 1,054 

ALL balance at December 31, 2015

$

 2,580 

$

 4,129 

$

 722 

$

 3,785 

$

 206 

$

 500 

$

 11,922 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

ALL balance at January 1, 2014

$

 4,052 

$

 4,172 

$

 766 

$

 4,320 

$

 284 

$

 0 

$

 13,594 

Charge-offs

 

 (485)

 

 (2,673)

 

 (266)

 

 (847)

 

 (512)

 

 0 

 

 (4,783)

Recoveries

 

 11 

 

 133 

 

 26 

 

 229 

 

 342 

 

 0 

 

 741 

Provision

 

 (1,154)

 

 2,280 

 

 1,154 

 

 160 

 

 73 

 

 0 

 

 2,513 

ALL balance at December 31, 2014

$

 2,424 

$

 3,912 

$

 1,680 

$

 3,862 

$

 187 

$

 0 

$

 12,065 



Average of Impaired Loans and Related Interest Income by Loan Portfolio Class

The following table presents the average recorded investment in impaired loans and related interest income recognized for the years ended December 31, 2015 and 2014:







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



2015

2014

(in thousands)

Average investment

Interest income recognized on an accrual basis

Interest income recognized on a cash basis

Average investment

Interest income recognized on an accrual basis

Interest income recognized on a cash basis

  Commercial real estate

 

 

 

 

 

 

 

 

 

 

 

 

     Non owner-occupied

$

 3,792 

$

 144 

$

 0 

$

 2,411 

$

 71 

$

 0 

     All other CRE

 

 8,688 

 

 124 

 

 106 

 

 9,088 

 

 148 

 

 67 

  Acquisition and development

 

 

 

 

 

 

 

 

 

 

 

 

     1-4 family residential construction

 

 736 

 

 33 

 

 0 

 

 1,510 

 

 43 

 

 0 

     All other A&D

 

 5,008 

 

 119 

 

 0 

 

 7,639 

 

 161 

 

 0 

  Commercial and industrial

 

 1,392 

 

 69 

 

 18 

 

 2,024 

 

 98 

 

 2 

  Residential mortgage

 

 

 

 

 

 

 

 

 

 

 

 

     Residential mortgage - term

 

 4,258 

 

 164 

 

 10 

 

 6,056 

 

 200 

 

 62 

     Residential mortgage – home equity

 

 334 

 

 0 

 

 2 

 

 581 

 

 4 

 

 4 

  Consumer

 

 6 

 

 0 

 

 0 

 

 10 

 

 0 

 

 0 

        Total

$

 24,214 

$

 653 

$

 136 

$

 29,319 

$

 725 

$

 135 



Modification of Troubled Debt Restructuring by Class

The following table presents the volume and recorded investment at the time of modification of TDRs by class and type of modification that occurred during the periods indicated:







 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



Temporary Rate Modification

Extension of Maturity

Modification of Payment and Other Terms



Number of Contracts

Recorded Investment

Number of Contracts

Recorded Investment

Number of Contracts

Recorded Investment

(Dollars in thousands)

 

 

 

 

 

 

 

For the year ended December 31, 2015

 

 

 

 

 

 

 

 

 

  Commercial real estate

 

 

 

 

 

 

 

 

 

     Non owner-occupied

 0 

$

 0  1 

$

 3,097  2 

$

 260 

     All other CRE

 0 

 

 0  1 

 

 237  5 

 

 3,847 

  Acquisition and development

 

 

 

 

 

 

 

 

 

     1-4 family residential construction

 0 

 

 0  0 

 

 0  1 

 

 700 

     All other A&D

 0 

 

 0  3 

 

 372  1 

 

 1,746 

  Commercial and industrial

 0 

 

 0  1 

 

 930  0 

 

 0 

  Residential mortgage

 

 

 

 

 

 

 

 

 

     Residential mortgage – term

 1 

 

 156  3 

 

 741  1 

 

 116 

     Residential mortgage – home equity

 0 

 

 0  0 

 

 0  0 

 

 0 

  Consumer

 0 

 

 0  0 

 

 0  0 

 

 0 

        Total

1 

$

 156  9 

$

 5,377  10 

$

 6,669 



 

 

 

 

 

 

 

 

 

For the year ended December 31, 2014

 

 

 

 

 

 

 

 

 

  Commercial real estate

 

 

 

 

 

 

 

 

 

     Non owner-occupied

 0 

$

 0  2 

$

 277  0 

$

 0 

     All other CRE

 0 

 

 0  0 

 

 0  4 

 

 2,627 

  Acquisition and development

 

 

 

 

 

 

 

 

 

     1-4 family residential construction

 0 

 

 0  0 

 

 0  1 

 

 790 

     All other A&D

 0 

 

 0  0 

 

 0  1 

 

 1,782 

  Commercial and industrial

 0 

 

 0  0 

 

 0  0 

 

 0 

  Residential mortgage

 

 

 

 

 

 

 

 

 

     Residential mortgage – term

 2 

 

 160  1 

 

 233  0 

 

 0 

     Residential mortgage – home equity

 0 

 

 0  0 

 

 0  0 

 

 0 

  Consumer

 0 

 

 0  0 

 

 0  0 

 

 0 

        Total

 2 

$

 160  3 

$

 510  6 

$

 5,199