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Loans (Tables)
 12 Months Ended
Dec. 31, 2014
Loans and Leases Receivable Disclosure [Abstract]  
Summary Of Loans, Net Of Unearned Fees
Loans are summarized as follows:
Dollars in thousands
 
2014
 
2013
Commercial
 
$
88,590

 
$
88,352

Commercial real estate
 
 

 
 

Owner-occupied
 
157,783

 
149,618

Non-owner occupied
 
317,136

 
280,790

Construction and development
 
 

 
 

Land and land development
 
67,881

 
71,453

Construction
 
28,591

 
15,155

Residential real estate
 
 

 
 

Non-jumbo
 
220,071

 
212,946

Jumbo
 
52,879

 
53,406

Home equity
 
67,115

 
54,844

Consumer
 
19,456

 
19,889

Other
 
11,507

 
3,276

Total loans, net of unearned fees
 
1,031,009

 
949,729

Less allowance for loan losses
 
11,167

 
12,659

Loans, net
 
$
1,019,842

 
$
937,070
Schedule Of Loan Maturities
The following presents loan maturities at December 31, 2014:
 
Within
 
After 1 but
 
After
Dollars in thousands
1 Year
 
within 5 Years
 
5 Years
Commercial
$
33,396

 
$
38,720

 
$
16,474

Commercial real estate
24,264

 
74,774

 
375,881

Construction and development
28,360

 
16,065

 
52,047

Residential real estate
9,058

 
16,747

 
314,260

Consumer
3,727

 
13,420

 
2,309

Other
455

 
770

 
10,282

 
$
99,260

 
$
160,496

 
$
771,253

Loans due after one year with:
 

 
 

 
 

Variable rates
 

 
$
110,169

 
 

Fixed rates
 

 
821,580

 
 

 
 

 
$
931,749

 
 
Schedule Of Contractual Aging Of Recorded Investment In Past Due Loans By Class
The following table presents the contractual aging of the recorded investment in past due loans by class as of December 31, 2014 and 2013.
 
At December 31, 2014
 
Past Due
 
 
 
> 90 days and Accruing
Dollars in thousands
30-59 days
 
60-89 days
 
> 90 days
 
Total
 
Current
 
Commercial
$
328

 
$
117

 
$
330

 
$
775

 
$
87,815

 
$
—

Commercial real estate
 

 
 

 
 

 
 

 
 

 
 

Owner-occupied
121

 
194

 
801

 
1,116

 
156,667

 
—

Non-owner occupied
146

 
—

 
406

 
552

 
316,584

 
—

Construction and development
 

 
 

 
 

 
 

 
 

 
 

Land and land development
346

 
2,002

 
4,253

 
6,601

 
61,280

 
—

Construction
—

 
—

 
—

 
—

 
28,591

 
—

Residential mortgage
 

 
 

 
 

 
 

 
 

 
 

Non-jumbo
4,104

 
2,719

 
1,498

 
8,321

 
211,750

 
—

Jumbo
—

 
—

 
2,626

 
2,626

 
50,253

 
—

Home equity
1,067

 
94

 
83

 
1,244

 
65,871

 
—

Consumer
260

 
42

 
63

 
365

 
19,091

 
—

Other
—

 
—

 
—

 
—

 
11,507

 
—

Total
$
6,372

 
$
5,168

 
$
10,060

 
$
21,600

 
$
1,009,409

 
$
—

 
 
At December 31, 2013
 
Past Due
 
 
 
> 90 days and Accruing
Dollars in thousands
30-59 days
 
60-89 days
 
> 90 days
 
Total
 
Current
 
Commercial
$
74

 
$
34

 
$
1,190

 
$
1,298

 
$
87,054

 
$
—

Commercial real estate
 

 
 

 
 

 
 

 
 

 
 

Owner-occupied
328

 
459

 
487

 
1,274

 
148,344

 
—

Non-owner occupied
912

 
115

 
128

 
1,155

 
279,635

 
—

Construction and development
 
 
 

 
 

 
 

 
 

 
 

Land and land development
1,627

 
—

 
8,638

 
10,265

 
61,188

 
—

Construction
—

 
—

 
—

 
—

 
15,155

 
—

Residential mortgage
 

 
 

 
 

 
 

 
 

 
 

Non-jumbo
2,708

 
1,673

 
1,321

 
5,702

 
207,244

 
—

Jumbo
—

 
—

 
—

 
—

 
53,406

 
—

Home equity
588

 
87

 
—

 
675

 
54,169

 
—

Consumer
224

 
82

 
106

 
412

 
19,477

 
—

Other
—

 
—

 
—

 
—

 
3,276

 
—

Total
$
6,461

 
$
2,450

 
$
11,870

 
$
20,781

 
$
928,948

 
$
—
Schedule of Financing Receivables, Non Accrual Status
Nonaccrual loans:  The following table presents the nonaccrual loans included in the net balance of loans at December 31, 2014 and 2013.
Dollars in thousands
 
2014
 
2013
Commercial
 
$
392

 
$
1,224

Commercial real estate
 
 

 
 

Owner-occupied
 
1,218

 
1,953

Non-owner occupied
 
626

 
365

Construction and development
 
 

 
 

Land & land development
 
4,619

 
12,830

Construction
 
—

 
—

Residential mortgage
 
 

 
 

Non-jumbo
 
2,663

 
2,446

Jumbo
 
2,626

 
—

Home equity
 
267

 
—

Consumer
 
83

 
128

Total
 
$
12,494

 
$
18,946
Schedule Of Method Used To Measure Impairment Of Impaired Loans
The table below sets forth information about our impaired loans.
Method Used to Measure Impairment of Impaired Loans
 
Dollars in thousands
 
 
 
 
 
 
December 31,
 
Method used to measure impairment
Loan Category
2014
 
2013
 
Commercial
$
132

 
$
1,864

 
Fair value of collateral
 
362

 
158

 
Discounted cash flow
Commercial real estate
 

 
 

 
 
Owner-occupied
1,683

 
10,067

 
Fair value of collateral
 
9,124

 
2,483

 
Discounted cash flow
Non-owner occupied
508

 
5,832

 
Fair value of collateral
 
5,999

 
—

 
Discounted cash flow
Construction and development
 
 
 
 
 
Land & land development
11,998

 
24,625

 
Fair value of collateral
 
2,310

 
644

 
Discounted cash flow
Residential mortgage
 

 
 
 
 
Non-jumbo
1,676

 
5,516

 
Fair value of collateral
 
5,252

 
566

 
Discounted cash flow
Jumbo
7,594

 
8,768

 
Fair value of collateral
 
886

 
—

 
Discounted cash flow
Home equity
285

 
212

 
Fair value of collateral
 
523

 
—

 
Discounted cash flow
Consumer
2

 
47

 
Fair value of collateral
 
82

 
—

 
Discounted cash flow
Total
$
48,416

 
$
60,782

 
 
Impaired Financing Receivables
The following tables present loans individually evaluated for impairment at December 31, 2014 and 2013.
 
December 31, 2014
Dollars in thousands
Recorded
Investment
 
Unpaid
Principal Balance
 
Related
Allowance
 
Average
Impaired
Balance
 
Interest Income
Recognized
while impaired
 
 
 
 
 
 
 
 
 
 
Without a related allowance
 
 
 
 
 
 
 
 
 
Commercial
$
370

 
$
369

 
$
—

 
$
430

 
$
27

Commercial real estate
 

 
 

 
 

 
 

 
 

Owner-occupied
5,362

 
5,361

 
—

 
5,309

 
192

Non-owner occupied
3,645

 
3,647

 
—

 
4,420

 
199

Construction and development
 

 
 

 
 

 
 

 
 

Land & land development
13,410

 
13,410

 
—

 
14,149

 
483

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
4,289

 
4,300

 
—

 
3,853

 
185

Jumbo
7,589

 
7,594

 
—

 
7,761

 
241

Home equity
809

 
808

 
—

 
265

 
14

Consumer
84

 
84

 
—

 
36

 
2

Total without a related allowance
$
35,558

 
$
35,573

 
$
—

 
$
36,223

 
$
1,343

 
 
 
 
 
 
 
 
 
 
With a related allowance
 

 
 

 
 

 
 

 
 

Commercial
$
125

 
$
125

 
$
81

 
$
38

 
$
—

Commercial real estate
 

 
 

 
 

 
 
 
 

Owner-occupied
5,446

 
5,446

 
287

 
5,461

 
216

Non-owner occupied
2,860

 
2,860

 
74

 
1,003

 
40

Construction and development
 

 
 

 
 

 
 

 
 

Land & land development
898

 
898

 
46

 
933

 
42

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
2,627

 
2,628

 
282

 
2,093

 
98

Jumbo
885

 
886

 
46

 
892

 
45

Home equity
—

 
—

 
—

 
—

 
—

Consumer
—

 
—

 
—

 
—

 
—

Total with a related allowance
$
12,841

 
$
12,843

 
$
816

 
$
10,420

 
$
441

 
 
 
 
 
 
 
 
 
 
Total
 

 
 

 
 

 
 

 
 

Commercial
$
32,116

 
$
32,116

 
$
488

 
$
31,743

 
$
1,199

Residential real estate
16,199

 
16,216

 
328

 
14,864

 
583

Consumer
84

 
84

 
—

 
36

 
2

Total
$
48,399

 
$
48,416

 
$
816

 
$
46,643

 
$
1,784






 
December 31, 2013
Dollars in thousands
Recorded
Investment
 
Unpaid
Principal Balance
 
Related
Allowance
 
Average
Impaired
Balance
 
Interest Income
Recognized
while impaired
 
 
 
 
 
 
 
 
 
 
Without a related allowance
 
 
 
 
 
 
 
 
 
Commercial
$
1,161

 
$
1,167

 
$
—

 
$
1,518

 
$
98

Commercial real estate
 

 
 

 
 

 
 

 
 

Owner-occupied
8,434

 
8,434

 
—

 
7,675

 
226

Non-owner occupied
5,075

 
5,077

 
—

 
5,110

 
253

Construction and development
 
 
 

 
 

 
 

 
 

Land & land development
14,732

 
14,737

 
—

 
11,628

 
325

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
3,587

 
3,595

 
—

 
2,858

 
157

Jumbo
7,862

 
7,867

 
—

 
7,910

 
405

Home equity
186

 
186

 
—

 
186

 
11

Consumer
26

 
27

 
—

 
28

 
1

Total without a related allowance
$
41,063

 
$
41,090

 
$
—

 
$
36,913

 
$
1,476

 
 
 
 
 
 
 
 
 
 
With a related allowance
 

 
 

 
 

 
 

 
 

Commercial
$
855

 
$
855

 
$
406

 
$
1,013

 
$
—

Commercial real estate
 

 
 

 
 

 
 

 
 

Owner-occupied
4,116

 
4,116

 
305

 
3,945

 
184

Non-owner occupied
747

 
755

 
175

 
515

 
28

Construction and development
 
 
 

 
 

 
 

 
 

Land & land development
10,532

 
10,532

 
3,186

 
11,310

 
147

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
2,485

 
2,487

 
256

 
2,292

 
107

Jumbo
900

 
901

 
37

 
906

 
45

Home equity
27

 
26

 
22

 
27

 
—

Consumer
20

 
20

 
13

 
9

 
—

Total with a related allowance
$
19,682

 
$
19,692

 
$
4,400

 
$
20,017

 
$
511

 
 
 
 
 
 
 
 
 
 
Total
 

 
 

 
 

 
 

 
 

Commercial
$
45,652

 
$
45,673

 
$
4,072

 
$
42,714

 
$
1,261

Residential real estate
15,047

 
15,062

 
315

 
14,179

 
725

Consumer
46

 
47

 
13

 
37

 
1

Total
$
60,745

 
$
60,782

 
$
4,400

 
$
56,930

 
$
1,987
Troubled Debt Restructurings on Financing Receivables
All TDRs are evaluated individually for allowance for loan loss purposes.
 
2014
 
2013
Dollars in thousands
Number of
Modifications
 
Pre-modification
Recorded
Investment
 
Post-modification
Recorded
Investment
 
Number of
Modifications
 
Pre-modification
Recorded
Investment
 
Post-modification
Recorded
Investment
Commercial
3

 
$
82

 
$
86

 
2

 
$
76

 
$
79

Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
Non-owner occupied
1

 
2,154

 
2,154

 
1

 
244

 
244

Construction and development
 
 
 
 
 
 
 
 
 
 
 
Land & land development
—

 
—

 
—

 
2

 
747

 
748

Residential real estate
 
 
 
 
 
 
 
 
 
 
 
Non-jumbo
5

 
1,044

 
1,080

 
7

 
1,137

 
1,137

Home equity
1

 
411

 
523

 
—

 
—

 
—

Consumer
1

 
18

 
18

 
1

 
11

 
12

Total
11

 
$
3,709

 
$
3,861

 
13

 
$
2,215

 
$
2,220
Schedule Of Defaults During Stated Period Of Trouble Debt Restructurings
For purposes of these tables, a default is considered as either the loan was past due 30 days or more at any time during the period, or the loan was fully or partially charged off during the period. 
 
2014
 
2013
Dollars in thousands
Number
of
Defaults
 
Recorded
Investment
at Default Date
 
Number
of
Defaults
 
Recorded
Investment
at Default Date
Commercial
3

 
$
86

 
—

 
$
—

Construction and development

 


 


 


Land & land development
—

 
—

 
1

 
698

Residential real estate


 


 


 


Non-jumbo
1

 
167

 
2

 
347

Total
4

 
$
253

 
3

 
$
1,045
Schedule of the Activity Regarding TDRs by Loan Type
The following table details the activity regarding TDRs by loan type during 2014, and the related allowance on TDRs.
2014
 
Construction & Land Development
 
 
 
Commercial Real Estate
 
Residential Real Estate
 
 
 
 
 
 
Dollars in thousands
Land &
Land
Develop-
ment
 
Construc-
tion
 
Commer-
cial
 
Owner
Occupied
 
Non-
Owner
Occupied
 
Non-
jumbo
 
Jumbo
 
Home
Equity
 
Con-
sumer
 
Other
 
Total
Troubled debt restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance January 1, 2014
$
6,163

 
$
—

 
$
1,243

 
$
9,699

 
$
5,544

 
$
5,541

 
$
6,278

 
$
—

 
$
47

 
$
—

 
$
34,515

Additions
—

 
—

 
86

 
—

 
2,154

 
1,080

 
—

 
523

 
18

 
—

 
3,861

Charge-offs
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
(3
)
 
—

 
(3
)
Net (paydowns) advances
(377
)
 
—

 
(919
)
 
(198
)
 
(159
)
 
(288
)
 
(341
)
 
—

 
(12
)
 
—

 
(2,294
)
Transfer into foreclosed properties
—

 
—

 
—

 
—

 
—

 
(88
)
 
—

 
—

 
—

 
—

 
(88
)
Refinance out of TDR status
—

 
—

 
—

 
—

 
(1,320
)
 
—

 
—

 
—

 
—

 
—

 
(1,320
)
Balance, December 31, 2014
$
5,786

 
$
—

 
$
410

 
$
9,501

 
$
6,219

 
$
6,245

 
$
5,937

 
$
523

 
$
50

 
$
—

 
$
34,671

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance related to troubled debt restructurings
$
38

 
$
—

 
$
4

 
$
252

 
$
74

 
$
282

 
$
46

 
$
—

 
$
—

 
$
—

 
$
696
Financing Receivable Credit Quality Indicators
The following table presents the recorded investment in construction and development, commercial, and commercial real estate loans which are generally evaluated based upon the internal risk ratings defined above.
Loan Risk Profile by Internal Risk Rating
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and Development
 
 
 
 
 
Commercial Real Estate
 
Land and Land Development
 
Construction
 
Commercial
 
Owner Occupied
 
Non-Owner Occupied
Dollars in thousands
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Pass
$
53,873

 
$
41,662

 
$
28,591

 
$
15,022

 
$
86,361

 
$
82,323

 
$
155,189

 
$
143,982

 
$
306,710

 
$
268,967

OLEM (Special Mention)
1,673

 
5,550

 
—

 
133

 
1,837

 
4,544

 
1,064

 
1,412

 
8,933

 
10,222

Substandard
12,335

 
24,131

 
—

 
—

 
392

 
1,485

 
1,530

 
4,224

 
1,493

 
1,601

Doubtful
—

 
110

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Loss
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total
$
67,881

 
$
71,453

 
$
28,591

 
$
15,155

 
$
88,590

 
$
88,352

 
$
157,783

 
$
149,618

 
$
317,136

 
$
280,790
Schedule Of Recorded Investment Evaluated Based On Aging Status Of Loans And Payment Activity
The following table presents the recorded investment in consumer, residential real estate, and home equity loans, which are generally evaluated based on the aging status of the loans, which was previously presented, and payment activity.
 
Performing
 
Nonperforming
Dollars in thousands
2014
 
2013
 
2014
 
2013
Residential real estate
 
 
 
 
 
 
 
Non-jumbo
$
217,408

 
$
210,500

 
$
2,663

 
$
2,446

Jumbo
50,253

 
53,406

 
2,626

 
—

Home Equity
66,848

 
54,844

 
267

 
—

Consumer
19,373

 
19,761

 
83

 
128

Other
11,507

 
3,276

 
—

 
—

Total
$
365,389

 
$
341,787

 
$
5,639

 
$
2,574
Schedule of Related Party Loans Aggregating $60,000 or More
The following presents the activity with respect to related party loans aggregating $60,000 or more to any one related party (other changes represent additions to and changes in director and executive officer status):
Dollars in thousands
2014
 
2013
Balance, beginning
$
18,577

 
$
18,973

Additions
13,842

 
7,978

Amounts collected
(11,833
)
 
(8,317
)
Other changes, net
—

 
(57
)
Balance, ending
$
20,586

 
$
18,577