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Loans (Tables)
 12 Months Ended
Dec. 31, 2016
Loans and Leases Receivable Disclosure [Abstract]  
Summary Of Loans, Net Of Unearned Fees
Loans are summarized as follows:
Dollars in thousands
 
2016
 
2015
Commercial
 
$
119,088

 
$
97,201

Commercial real estate
 
 

 
 

Owner-occupied
 
203,047

 
203,555

Non-owner occupied
 
381,921

 
337,294

Construction and development
 
 

 
 

Land and land development
 
72,042

 
65,500

Construction
 
16,584

 
9,970

Residential real estate
 
 

 
 

Non-jumbo
 
265,641

 
221,750

Jumbo
 
65,628

 
50,313

Home equity
 
74,596

 
74,300

Mortgage warehouse lines
 
85,966

 
—

Consumer
 
25,534

 
19,251

Other
 
9,489

 
11,669

Total loans, net of unearned fees
 
1,319,536

 
1,090,803

Less allowance for loan losses
 
11,674

 
11,472

Loans, net
 
$
1,307,862

 
$
1,079,331
Schedule Of Acquired Loans
The outstanding balance and the recorded investment of loans acquired pursuant to our acquisition of HCB (or acquired loans) that were recorded at fair value, without carryover of HCB's allowance for loan losses at the acquisition date and were included in the consolidated balance sheet at December 31, 2016 are as follows:

 
 
Acquired Loans
Dollars in thousands
 
Purchased Credit Impaired
 
Purchased Performing
 
Total
Outstanding balance
 
$
2,714

 
$
54,076

 
$
56,790

 
 
 
 
 
 
 
Recorded investment
 
 
 
 
 
 
Commercial
 
$
—

 
$
4,292

 
$
4,292

Commercial real estate
 
 
 
 
 
 
Owner-occupied
 
—

 
497

 
497

Non-owner occupied
 
—

 
3,874

 
3,874

Construction and development
 
 
 
 
 
 
Land and land development
 
395

 
4,175

 
4,570

Residential real estate
 
 
 
 
 
 
Non-jumbo
 
789

 
32,213

 
33,002

Jumbo
 
1,017

 
3,900

 
4,917

Consumer
 
—

 
4,460

 
4,460

Total recorded investment
 
$
2,201

 
$
53,411

 
$
55,612
Summary of Change in Accretable Yield PCI Loans
The following table presents a summary of the change in the accretable yield of the PCI loan portfolio for the period from October 1, 2016 to December 31, 2016:
Dollars in thousands
 
 
Acquisition of HCB, October 1, 2016
 
$
333

Accretion
 
(20
)
Reclassification of nonaccretable difference due to improvement in expected cash flows
 
—

Other changes, net
 
(23
)
Accretable yield, December 31, 2016
 
$
290
Schedule Of Loan Maturities
The following presents loan maturities at December 31, 2016:
 
Within
 
After 1 but
 
After
Dollars in thousands
1 Year
 
within 5 Years
 
5 Years
Commercial
$
48,602

 
$
47,689

 
$
22,797

Commercial real estate
28,685

 
49,032

 
507,251

Construction and development
37,852

 
15,702

 
35,072

Residential real estate
16,795

 
43,221

 
345,849

Mortgage warehouse lines
85,966

 
—

 
—

Consumer
4,515

 
17,703

 
3,316

Other
423

 
1,598

 
7,468

 
$
222,838

 
$
174,945

 
$
921,753

Loans due after one year with:
 

 
 

 
 

Variable rates
 

 
$
176,358

 
 

Fixed rates
 

 
920,340

 
 

 
 

 
$
1,096,698

 
 
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, 2016 and 2015.
 
At December 31, 2016
 
Past Due
 
 
 
> 90 days and Accruing
Dollars in thousands
30-59 days
 
60-89 days
 
> 90 days
 
Total
 
Current
 
Commercial
$
90

 
$
86

 
$
165

 
$
341

 
$
118,747

 
$
—

Commercial real estate
 

 
 

 
 

 
 

 
 

 
 

Owner-occupied
93

 
—

 
509

 
602

 
202,445

 
—

Non-owner occupied
340

 
—

 
65

 
405

 
381,516

 
—

Construction and development
 

 
 

 
 

 
 

 
 

 
 

Land and land development
423

 
129

 
3,852

 
4,404

 
67,638

 
—

Construction
—

 
—

 
—

 
—

 
16,584

 
—

Residential mortgage
 

 
 

 
 

 
 

 
 

 
 

Non-jumbo
4,297

 
1,889

 
3,287

 
9,473

 
256,168

 
—

Jumbo
—

 
—

 
—

 
—

 
65,628

 
—

Home equity
—

 
302

 
57

 
359

 
74,237

 
—

Mortgage warehouse lines
—

 
—

 
—

 
—

 
85,966

 
—

Consumer
308

 
84

 
150

 
542

 
24,992

 
—

Other
—

 
—

 
—

 
—

 
9,489

 
—

Total
$
5,551

 
$
2,490

 
$
8,085

 
$
16,126

 
$
1,303,410

 
$
—

 
 
At December 31, 2015
 
Past Due
 
 
 
> 90 days and Accruing
Dollars in thousands
30-59 days
 
60-89 days
 
> 90 days
 
Total
 
Current
 
Commercial
$
345

 
$
26

 
$
632

 
$
1,003

 
$
96,198

 
$
—

Commercial real estate
 

 
 

 
 

 
 

 
 

 
 

Owner-occupied
158

 
386

 
437

 
981

 
202,574

 
—

Non-owner occupied
1

 
—

 
856

 
857

 
336,437

 
—

Construction and development
 
 
 

 
 

 
 

 
 

 
 

Land and land development
1,182

 
194

 
4,547

 
5,923

 
59,577

 
—

Construction
—

 
—

 
—

 
—

 
9,970

 
—

Residential mortgage
 

 
 

 
 

 
 

 
 

 
 

Non-jumbo
2,276

 
2,647

 
1,591

 
6,514

 
215,236

 
—

Jumbo
—

 
—

 
—

 
—

 
50,313

 
—

Home equity
374

 
172

 
100

 
646

 
73,654

 
—

Consumer
155

 
41

 
92

 
288

 
18,963

 
9

Other
—

 
—

 
—

 
—

 
11,669

 
—

Total
$
4,491

 
$
3,466

 
$
8,255

 
$
16,212

 
$
1,074,591

 
$
9
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, 2016 and 2015.
Dollars in thousands
 
2016
 
2015
Commercial
 
$
298

 
$
853

Commercial real estate
 
 

 
 

Owner-occupied
 
509

 
437

Non-owner occupied
 
4,336

 
5,518

Construction and development
 
 

 
 

Land & land development
 
4,465

 
5,623

Construction
 
—

 
—

Residential mortgage
 
 

 
 

Non-jumbo
 
4,621

 
2,987

Jumbo
 
—

 
—

Home equity
 
194

 
258

Mortgage warehouse lines
 
—

 
—

Consumer
 
151

 
83

Total
 
$
14,574

 
$
15,759
Impaired Financing Receivables
The following tables present loans individually evaluated for impairment at December 31, 2016 and 2015.
 
December 31, 2016
Dollars in thousands
Recorded
Investment
 
Unpaid
Principal Balance
 
Related
Allowance
 
Average
Impaired
Balance
 
Interest Income
Recognized
while impaired
 
 
 
 
 
 
 
 
 
 
Without a related allowance
 
 
 
 
 
 
 
 
 
Commercial
$
285

 
$
285

 
$
—

 
$
247

 
$
10

Commercial real estate
 

 
 

 
 

 
 

 
 

Owner-occupied
520

 
520

 
—

 
534

 
31

Non-owner occupied
10,203

 
10,205

 
—

 
10,675

 
294

Construction and development
 

 
 

 
 

 
 

 
 

Land & land development
5,227

 
5,227

 
—

 
5,270

 
80

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
4,055

 
4,065

 
—

 
3,910

 
193

Jumbo
3,640

 
3,639

 
—

 
3,693

 
175

Home equity
524

 
523

 
—

 
523

 
22

Mortgage warehouse lines
—

 
—

 
—

 
—

 
—

Consumer
44

 
44

 
—

 
50

 
5

Total without a related allowance
$
24,498

 
$
24,508

 
$
—

 
$
24,902

 
$
810

 
 
 
 
 
 
 
 
 
 
With a related allowance
 

 
 

 
 

 
 

 
 

Commercial
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Commercial real estate
 

 
 

 
 

 
 
 
 

Owner-occupied
6,864

 
6,864

 
347

 
6,879

 
269

Non-owner occupied
1,311

 
1,311

 
197

 
1,327

 
43

Construction and development
 

 
 

 
 

 
 

 
 

Land & land development
2,066

 
2,066

 
585

 
2,074

 
80

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
2,055

 
2,057

 
251

 
1,851

 
78

Jumbo
853

 
853

 
24

 
862

 
44

Home equity
—

 
—

 
—

 
—

 
—

Mortgage warehouse lines
—

 
—

 
—

 
—

 
—

Consumer
—

 
—

 
—

 
—

 
—

Total with a related allowance
$
13,149

 
$
13,151

 
$
1,404

 
$
12,993

 
$
514

 
 
 
 
 
 
 
 
 
 
Total
 

 
 

 
 

 
 

 
 

Commercial
$
26,476

 
$
26,478

 
$
1,129

 
$
27,006

 
$
807

Residential real estate
11,127

 
11,137

 
275

 
10,839

 
512

Consumer
44

 
44

 
—

 
50

 
5

Total
$
37,647

 
$
37,659

 
$
1,404

 
$
37,895

 
$
1,324






 
December 31, 2015
Dollars in thousands
Recorded
Investment
 
Unpaid
Principal Balance
 
Related
Allowance
 
Average
Impaired
Balance
 
Interest Income
Recognized
while impaired
 
 
 
 
 
 
 
 
 
 
Without a related allowance
 
 
 
 
 
 
 
 
 
Commercial
$
242

 
$
242

 
$
—

 
$
319

 
$
17

Commercial real estate
 

 
 

 
 

 
 

 
 

Owner-occupied
5,401

 
5,402

 
—

 
5,438

 
191

Non-owner occupied
10,740

 
10,741

 
—

 
9,982

 
310

Construction and development
 
 
 

 
 

 
 

 
 

Land & land development
7,635

 
7,635

 
—

 
9,497

 
263

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
3,590

 
3,600

 
—

 
3,316

 
160

Jumbo
3,871

 
3,869

 
—

 
4,412

 
181

Home equity
709

 
709

 
—

 
709

 
32

Consumer
68

 
68

 
—

 
72

 
6

Total without a related allowance
$
32,256

 
$
32,266

 
$
—

 
$
33,745

 
$
1,160

 
 
 
 
 
 
 
 
 
 
With a related allowance
 

 
 

 
 

 
 

 
 

Commercial
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Commercial real estate
 

 
 

 
 

 
 

 
 

Owner-occupied
2,997

 
2,997

 
45

 
3,003

 
135

Non-owner occupied
2,709

 
2,709

 
386

 
2,728

 
72

Construction and development
 
 
 

 
 

 
 

 
 

Land & land development
1,139

 
1,139

 
85

 
1,154

 
—

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
2,530

 
2,531

 
226

 
2,552

 
114

Jumbo
871

 
871

 
34

 
878

 
43

Home equity
—

 
—

 
—

 
—

 
—

Consumer
—

 
—

 
—

 
—

 
—

Total with a related allowance
$
10,246

 
$
10,247

 
$
776

 
$
10,315

 
$
364

 
 
 
 
 
 
 
 
 
 
Total
 

 
 

 
 

 
 

 
 

Commercial
$
30,863

 
$
30,865

 
$
516

 
$
32,121

 
$
988

Residential real estate
11,571

 
11,580

 
260

 
11,867

 
530

Consumer
68

 
68

 
—

 
72

 
6

Total
$
42,502

 
$
42,513

 
$
776

 
$
44,060

 
$
1,524
Troubled Debt Restructurings on Financing Receivables
All TDRs are evaluated individually for allowance for loan loss purposes.
 
2016
 
2015
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
—

 
$
—

 
$
—

 
—

 
$
—

 
$
—

Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied
—

 
—

 
—

 
—

 
—

 
—

Non-owner occupied
—

 
—

 
—

 
—

 
—

 
—

Construction and development
 
 
 
 
 
 
 
 
 
 
 
Land & land development
—

 
—

 
—

 
1

 
1,182

 
1,182

Construction
—

 
—

 
—

 
—

 
—

 
—

Residential real estate
 
 
 
 
 
 
 
 
 
 
 
Non-jumbo
4

 
693

 
696

 
1

 
25

 
25

Jumbo
—

 
—

 
—

 
—

 
—

 
—

Home equity
—

 
—

 
—

 
—

 
—

 
—

Mortgage warehouse lines
—

 
—

 
—

 
—

 
—

 
—

Consumer
1

 
2

 
2

 
1

 
2

 
2

Total
5

 
$
695

 
$
698

 
3

 
$
1,209

 
$
1,209
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. 
 
2016
 
2015
Dollars in thousands
Number
of
Defaults
 
Recorded
Investment
at Default Date
 
Number
of
Defaults
 
Recorded
Investment
at Default Date
Commercial
—

 
$
—

 
—

 
$
—

Commercial real estate


 


 


 


Owner-occupied
—

 
—

 
—

 
—

Non-owner occupied
—

 
—

 
—

 
—

Construction and development

 


 


 


Land & land development
—

 
—

 
1

 
1,182

Construction
—

 
—

 
—

 
—

Residential real estate


 


 


 


Non-jumbo
3

 
452

 
—

 
—

Jumbo
—

 
—

 
—

 
—

Home equity
—

 
—

 
—

 
—

Mortgage warehouse lines
—

 
—

 
—

 
—

Consumer
1

 
2

 
—

 
—

Total
4

 
$
454

 
1

 
$
1,182
Schedule of the Activity Regarding TDRs by Loan Type
The following table details the activity regarding TDRs by loan type during 2016 and the related allowance on TDRs.
2016
 
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
 
Mortgage Warehouse Lines
 
Con-
sumer
 
Other
 
Total
Troubled debt restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance January 1, 2016
$
4,189

 
$
—

 
$
242

 
$
9,314

 
$
6,059

 
$
5,496

 
$
4,635

 
$
523

 
$
—

 
$
67

 
$
—

 
$
30,525

Additions
—

 
—

 
—

 
—

 
—

 
696

 
—

 
—

 
—

 
2

 
—

 
698

Charge-offs
—

 
—

 
—

 
(129
)
 
—

 
(52
)
 
—

 
—

 
—

 
—

 
—

 
(181
)
Net (paydowns) advances
(323
)
 
—

 
(59
)
 
(491
)
 
(656
)
 
(717
)
 
(141
)
 
—

 
—

 
(25
)
 
—

 
(2,412
)
Transfer into foreclosed properties
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Refinance out of TDR status
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Balance, December 31, 2016
$
3,866

 
$
—

 
$
183

 
$
8,694

 
$
5,403

 
$
5,423

 
$
4,494

 
$
523

 
$
—

 
$
44

 
$
—

 
$
28,630

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance related to troubled debt restructurings
$
530

 
$
—

 
$
—

 
$
544

 
$
—

 
$
251

 
$
24

 
$
—

 
$
—

 
$
—

 
$
—

 
$
1,349
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
 
Mortgage Warehouse Lines
Dollars in thousands
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
Pass
$
64,144

 
$
57,155

 
$
16,584

 
$
9,970

 
$
117,214

 
$
95,174

 
$
201,113

 
$
202,226

 
$
375,181

 
$
329,861

 
$
85,966

 
$
—

OLEM (Special Mention)
2,097

 
1,598

 
—

 
—

 
1,471

 
1,295

 
567

 
546

 
1,381

 
1,602

 
—

 
—

Substandard
5,801

 
6,747

 
—

 
—

 
403

 
732

 
1,367

 
783

 
5,359

 
5,831

 
—

 
—

Doubtful
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Loss
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total
$
72,042

 
$
65,500

 
$
16,584

 
$
9,970

 
$
119,088

 
$
97,201

 
$
203,047

 
$
203,555

 
$
381,921

 
$
337,294

 
$
85,966

 
$
—
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
2016
 
2015
 
2016
 
2015
Residential real estate
 
 
 
 
 
 
 
Non-jumbo
$
261,020

 
$
218,763

 
$
4,621

 
$
2,987

Jumbo
65,628

 
50,313

 
—

 
—

Home Equity
74,402

 
74,042

 
194

 
258

Consumer
25,368

 
19,149

 
166

 
102

Other
9,489

 
11,669

 
—

 
—

Total
$
435,907

 
$
373,936

 
$
4,981

 
$
3,347
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
2016
 
2015
Balance, beginning
$
22,974

 
$
20,586

Additions
33,004

 
11,095

Amounts collected
(12,318
)
 
(6,142
)
Other changes, net
(1,662
)
 
(2,565
)
Balance, ending
$
41,998

 
$
22,974