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Loans Receivable and Allowance for Loan Losses (Tables)
 6 Months Ended
Jun. 30, 2013
Loans and Leases Receivable Disclosure [Abstract]  
Gross Loans By Loan Portfolio Class [Table Text Block]
The following table sets forth the Company’s gross loans by major categories as of June 30, 2013, and December 31, 2012:
       
(dollars in thousands)
 
June 30, 2013
  
December 31, 2012
 
        
Commercial real estate
 $329,599  $335,561 
Construction and land development
  31,455   26,659 
Commercial and industrial
  108,951   103,768 
Owner occupied real estate
  137,219   126,242 
Consumer and other
  28,413   23,449 
Residential mortgage
  2,400   2,442 
Total loans receivable
  638,037   618,121 
Deferred costs (fees)
  (304)  (220)
Allowance for loan losses
  (9,332)  (9,542)
Net loans receivable
 $628,401  $608,359 
Impaired Loans By Loan Portfolio Class [Table Text Block]
The following table summarizes information with regard to impaired loans by loan portfolio class as of June 30, 2013 and December 31, 2012:
 
  
June 30, 2013
  
December 31, 2012
 
(dollars in thousands)
 
Recorded Investment
  
Unpaid
Principal
Balance
  
Related Allowance
  
Recorded Investment
  
Unpaid
Principal
Balance
  
Related Allowance
 
                   
With no related allowance recorded:
                  
Commercial real estate
 $12,919  $13,040  $-  $19,231  $20,000  $- 
Construction and land development
  1,029   4,244   -   3,153   6,312   - 
Commercial and industrial
  2,973   4,256   -   3,793   7,106   - 
Owner occupied real estate
  144   463   -   505   505   - 
Consumer and other
  668   917   -   912   1,146   - 
Total
 $17,733  $22,920  $-  $27,594  $35,069  $- 

With an allowance recorded:
                  
Commercial real estate
 $8,227  $8,889  $958  $6,085  $6,085  $1,077 
Construction and land development
  593   3,700   217   593   3,700   70 
Commercial and industrial
  3,263   5,663   992   3,147   3,255   861 
Owner occupied real estate
  3,002   3,002   498   3,450   3,450   860 
Consumer and other
  -   -   -   146   155   75 
Total
 $15,085  $21,254  $2,665  $13,421  $16,645  $2,943 

Total:
                  
Commercial real estate
 $21,146  $21,929  $958  $25,316  $26,085  $1,077 
Construction and land development
  1,622   7,944   217   3,746   10,012   70 
Commercial and industrial
  6,236   9,919   992   6,940   10,361   861 
Owner occupied real estate
  3,146   3,465   498   3,955   3,955   860 
Consumer and other
  668   917   -   1,058   1,301   75 
Total
 $32,818  $44,174  $2,665  $41,015  $51,714  $2,943 
Average Of Impaired Loans And Related Interest Income By Loan Portfolio Class [Table Text Block]
The following table presents additional information regarding the Company’s impaired loans for the three months ended June 30, 2013 and June 30, 2012:

 
Three Months Ended June 30,
 
 
2013
 
2012
 
 
 
(dollars in thousands)
Average
Recorded
Investment
 
Interest
Income
Recognized
 
Average
Recorded
Investment
 
Interest
Income
Recognized
 
With no related allowance recorded:
        
Commercial real estate
 $15,343  $202  $15,879  $205 
Construction and land development
  1,822   8   5,227   29 
Commercial and industrial
  2,953   5   4,882   36 
Owner occupied real estate
  180   -   876   - 
Consumer and other
  725   -   784   2 
Total
 $21,023  $215  $27,648  $272 
 
With an allowance recorded:
            
Commercial real estate
 $7,056  $25  $5,707  $52 
Construction and land development
  494   -   869   - 
Commercial and industrial
  3,504   14   3,350   12 
Owner occupied real estate
  3,149   37   2,472   36 
Consumer and other
  25   -   98   - 
Total
 $14,228  $76  $12,496  $100 

Total:
            
Commercial real estate
 $22,399  $227  $21,586  $257 
Construction and land development
  2,316   8   6,096   29 
Commercial and industrial
  6,457   19   8,232   48 
Owner occupied real estate
  3,329   37   3,348   36 
Consumer and other
  750   -   882   2 
Total
 $35,251  $291  $40,144  $372 
 
If these loans were performing under their original contractual rate, interest income on such loans would have increased approximately $130,000 and $153,000 for the three months ended June 30, 2013 and 2012, respectively.

The following table presents additional information regarding the Company’s impaired loans for the six months ended June 30, 2013 and June 30, 2012:

  
Six Months Ended June 30,
 
  
2013
 
2012
 
  
Average
Recorded
Investment
  
Interest
Income
Recognized
  
Average
Recorded Investment
  
Interest
Income
Recognized
 
(dollars in thousands)
            
With no related allowance recorded:
            
Commercial real estate
 $17,766  $421  $14,315  $370 
Construction and land development
  2,615   29   4,980   59 
Commercial and industrial
  2,935   11   4,286   78 
Owner occupied real estate
  216   -   1,183   27 
Consumer and other
  781   1   850   4 
Total
 $24,313  $462  $25,614  $538 
 
With an allowance recorded:
            
Commercial real estate
 $5,885  $61  $6,604  $135 
Construction and land development
  395   -   1,496   - 
Commercial and industrial
  3,746   28   3,941   19 
Owner occupied real estate
  3,295   73   1,911   48 
Consumer and other
  49   -   49   - 
Total
 $13,370  $162  $14,001  $202 

Total:
            
Commercial real estate
 $23,651  $482  $20,919  $505 
Construction and land development
  3,010   29   6,476   59 
Commercial and industrial
  6,681   39   8,227   97 
Owner occupied real estate
  3,511   73   3,094   75 
Consumer and other
  830   1   899   4 
Total
 $37,683  $624  $39,615  $740 
Activity In And Ending Balances Of The Allowance For Loan Losses By Loan Portfolio Class [Table Text Block]
The following tables provide the activity in and ending balances of the allowance for loan losses by loan portfolio class at and for the three and six months ended June 30, 2013 and 2012:
 
 
 
(dollars in thousands)
Commercial
Real Estate
 
Construction
and Land
Development
 
Commercial
and
Industrial
 
Owner
Occupied
Real Estate
 
Consumer
and Other
 
Residential Mortgage
 
 
Unallocated
 
 
Total
 
                
Three months ended June 30, 2013
               
Allowance for loan losses:
               
                         
Beginning balance:
 $3,257  $1,835  $2,336  $1,297  $170  $14  $444  $9,353 
Charge-offs
  (349)  -   (361)  (319)  -   -   -   (1,029)
Recoveries
  54   -   4   -   25   -   -   83 
Provisions (credits)
  619   667   18   8   (4)  -   (383)  925 
Ending balance
 $3,581  $2,502  $1,997  $986  $191  $14  $61  $9,332 
                              
Three months ended June 30, 2012
                             
Allowance for loan losses:
                             
                                 
Beginning balance:
 $4,371  $2,169  $2,219  $1,455  $106  $20  $416  $10,756 
Charge-offs
  (274)  (921)  (708)  -   (100)  -   -   (2,003)
Recoveries
  -   105   -   -   27   -   -   132 
Provisions (credits)
  (136)  63   305   171   101   (4)  -   500 
Ending balance
 $3,961  $1,416  $1,816  $1,626  $134  $16  $416  $9,385 

 
 
(dollars in thousands)
Commercial
Real Estate
 
Construction
and Land
Development
 
Commercial
and
Industrial
 
Owner
Occupied
Real Estate
 
Consumer
and Other
 
Residential Mortgage
 
 
Unallocated
 
 
Total
 
                
Six months ended June 30, 2013
               
Allowance for loan losses:
               
                         
Beginning balance:
 $3,979  $1,273  $1,880  $1,967  $234  $17  $192  $9,542 
Charge-offs
  (409)  (55)  (361)  (319)  (75)  -   -   (1,219)
Recoveries
  54   -   5   -   25   -   -   84 
Provisions (credits)
  (43)  1,284   473   (662)  7   (3)  (131)  925 
Ending balance
 $3,581  $2,502  $1,997  $986  $191  $14  $61  $9,332 
                              
Six months ended June 30, 2012
                             
Allowance for loan losses:
                             
                                 
Beginning Balance:
 $7,372  $558  $1,928  $1,963  $113  $23  $93  $12,050 
Charge-offs
  (766)  (921)  (760)  -   (101)  -   -   (2,548)
Recoveries
  -   105   -   -   28   -   -   133 
Provisions (credits)
  (2,645)  1,674   648   (337)  94   (7)  323   (250)
Ending balance
 $3,961  $1,416  $1,816  $1,626  $134  $16  $416  $9,385 
 
The following tables provide a summary of the allowance for loan losses and balance of loans receivable by loan class and by impairment method as of June 30, 2013 and December 31, 2012:

 
 
(dollars in thousands)
Commercial Real Estate
  
Construction and Land Development
  
Commercial and
Industrial
  
Owner Occupied Real Estate
  
Consumer
and Other
  
Residential Mortgage
  
 
Unallocated
 
 
Total
 
                        
June 30, 2013
                      
Allowance for loan losses:
                      
Individually evaluated for impairment
 $958  $217  $992  $498  $-  $-  $-  $2,665 
Collectively evaluated for impairment
  2,623   2,285   1,005   488   191   14   61   6,667 
Total allowance for loan losses
 $3,581  $2,502  $1,997  $986  $191  $14  $61  $9,332 
                                  
Loans receivable:
                                
Loans evaluated individually
 $21,146  $1,622  $6,236  $3,146  $668  $-  $-  $32,818 
Loans evaluated collectively
  308,453   29,833   102,715   134,073   27,745   2,400   -   605,219 
Total loans receivable
 $329,599  $31,455  $108,951  $137,219  $28,413  $2,400  $-  $638,037 

 
(dollars in thousands)
 
Commercial Real Estate
  
Construction and Land Development
  
Commercial and Industrial
  
Owner Occupied Real Estate
  
Consumer and Other
  
Residential Mortgage
  
Unallocated
  
Total
 
                         
December 31, 2012
                        
Allowance for loan losses:
                        
Individually evaluated for impairment
 $1,077  $70  $861  $860  $75  $-  $-  $2,943 
Collectively evaluated for impairment
  2,902   1,203   1,019   1,107   159   17   192   6,599 
Total allowance for loan losses
 $3,979  $1,273  $1,880  $1,967  $234  $17  $192  $9,542 
                                  
Loans receivable:
                                
Loans evaluated individually
 $25,316  $3,746  $6,940  $3,955  $1,058  $-  $-  $41,015 
Loans evaluated collectively
  310,245   22,913   96,828   122,287   22,391   2,442   -   577,106 
Total loans receivable
 $335,561  $26,659  $103,768  $126,242  $23,449  $2,442  $-  $618,121 
Past Due Financing Receivables [Table Text Block]
The following table presents the classes of the loan portfolio summarized by the past due status as of June 30, 2013 and December 31, 2012:
 
 
 
 
(dollars in thousands)
 
30-59
Days Past
Due
  
60-89
Days Past
Due
  
 
Greater
than 90
Days
  
 
Total
Past Due
  
 
 
Current
  
Total
Loans Receivable
  
Loans Receivable > 90 Days and Accruing
 
At June 30, 2013
                     
Commercial real estate
 $4,472  $12,824  $6,816  $24,112  $305,487  $329,599  $- 
Construction and land development
  -   -   1,622   1,622   29,833   31,455   - 
Commercial and industrial
  -   -   4,028   4,028   104,923   108,951   - 
Owner occupied real estate
  969   -   207   1,176   136,043   137,219   - 
Consumer and other
  42   -   667   709   27,704   28,413   - 
Residential mortgage
  -   -   -   -   2,400   2,400   - 
Total
 $5,483  $12,824  $13,340  $31,647  $606,390  $638,037  $- 

 
 
 
(dollars in thousands)
 
30-59
Days Past
Due
  
60-89
Days Past
Due
  
 
Greater
than 90
Days
  
 
Total
Past Due
  
 
 
Current
  
Total
Loans
Receivable
  
Loans
Receivable > 90 Days and Accruing
 
At December 31, 2012
                     
Commercial real estate
 $772  $26,000  $7,987  $34,759  $300,802  $335,561  $- 
  Construction and land development
  -   261   1,342   1,603   25,056   26,659   - 
Commercial and industrial
  86   -   4,693   4,779   98,989   103,768   - 
Owner occupied real estate
  285   1,562   968   2,815   123,427   126,242   - 
Consumer and other
  -   -   1,058   1,058   22,391   23,449   202 
Residential mortgage
  -   -   -   -   2,442   2,442   - 
Total
 $1,143  $27,823  $16,048  $45,014  $573,107  $618,121  $202 
Classes Of The Loan Portfolio Summarized By The Aggregate Risk Rating [Table Text Block]
The following table presents the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of June 30, 2013 and December 31, 2012:

 
(dollars in thousands)
 
Pass
  
Special
Mention
  
Substandard
  
Doubtful
  
Total
 
At June 30, 2013:
               
Commercial real estate
 $292,052  $15,839  $21,708  $-  $329,599 
  Construction and land development
  29,833   -   1,622   -   31,455 
Commercial and industrial
  101,887   695   6,369   -   108,951 
Owner occupied real estate
  133,247   826   3,146   -   137,219 
Consumer and other
  27,413   75   925   -   28,413 
Residential mortgage
  2,400   -   -   -   2,400 
Total
 $586,832  $17,435  $33,770  $-  $638,037 

 
(dollars in thousands)
 
Pass
  
Special
Mention
  
Substandard
  
Doubtful
  
Total
 
At December 31, 2012:
               
Commercial real estate
 $300,174  $9,174  $26,213  $-  $335,561 
  Construction and land development
  22,652   261   3,746   -   26,659 
Commercial and industrial
  96,051   642   7,075   -   103,768 
Owner occupied real estate
  121,381   906   3,955   -   126,242 
Consumer and other
  22,033   100   1,316   -   23,449 
Residential mortgage
  2,442   -   -   -   2,442 
Total
 $564,733  $11,083  $42,305  $-  $618,121 
Nonaccrual Loans By Classes Of The Loan Portfolio [Table Text Block]
The following table shows non-accrual loans by class as of June 30, 2013 and December 31, 2012:

(dollars in thousands)
 
June 30, 2013
  
December 31, 2012
 
Commercial real estate
 $6,816  $7,987 
Construction and land development
  1,622   1,342 
Commercial and industrial
  4,028   4,693 
Owner occupied real estate
  207   968 
Consumer and other
  667   856 
Residential mortgage
  -   - 
Total
 $13,340  $15,846 
Troubled Debt Restructurings [Table Text Block]
The following table summarizes the balance of outstanding TDRs for the period ended June 30, 2013 and December 31, 2012:

 
 
(dollars in thousands)
 
Number
of Loans
 
Accrual
Status
 
Non-
Accrual
Status
 
Total
TDRs
 
June 30, 2013
         
Commercial real estate
  1  $595  $-  $595 
  Construction and land development
  -   -   -   - 
Commercial and industrial
  1   2,208   -   2,208 
Owner occupied real estate
  1   1,914   -   1,914 
Consumer and other
  -   -   -   - 
Residential mortgage
  -   -   -   - 
Total
  3  $4,717  $-  $4,717 
                  
December 31, 2012
                
Commercial real estate
  1  $1,261  $-  $1,261 
  Construction and land development
  1   2,069   -   2,069 
Commercial and industrial
  1   2,248   -   2,248 
Owner occupied real estate
  1   1,933   -   1,933 
Consumer and other
  -   -   -   - 
Residential mortgage
  -   -   -   - 
Total
  4  $7,511  $-  $7,511