ALLOWANCE FOR LOAN LOSSES (Tables)

3 Months Ended

Mar. 31, 2016

ALLOWANCE FOR LOAN LOSSES

Schedule of allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method

	For the Three Months Ended March 31, 2016
	Commercial Real Estate Mortgage Loans			Multi- Family		Residential Real  Estate Mortgage Loans		Commercial, Financial  and Agricultural Loans			Real Estate Construction and Land Loans		Installment/ Consumer Loans		Total
(In thousands)
Allowance for Loan Losses:
Beginning balance	$	7,850		$	4,208	$	2,115	$	5,405		$	1,030	$	136	$	20,744
Charge-offs		-			-		-		(200	)		-		-		(200	)
Recoveries		-			-		-		4			-		1		5
Provision		(404	)		461		583		359			247		4		1,250
Ending Balance	$	7,446		$	4,669	$	2,698	$	5,568		$	1,277	$	141	$	21,799
Ending balance: individually evaluated for impairment	$	-		$	-	$	-	$	18		$	-	$	-	$	18
Ending balance: collectively evaluated for impairment	$	7,446		$	4,669	$	2,698	$	5,550		$	1,277	$	141	$	21,781
Ending balance: loan acquired with deteriorated credit quality	$	-		$	-	$	-	$	-		$	-	$	-	$	-
Loans	$	1,011,068		$	380,125	$	448,164	$	511,190		$	111,180	$	16,135	$	2,477,862
Ending balance: individually evaluated for impairment	$	1,606		$	-	$	1,277	$	866		$	-	$	-	$	3,749
Ending balance: collectively evaluated for impairment	$	1,004,120		$	376,763	$	445,590	$	504,290		$	111,180	$	16,135	$	2,458,078
Ending balance: loans acquired with deteriorated credit quality	$	5,342		$	3,362	$	1,297	$	6,034		$	-	$	-	$	16,035

	For the Twelve Months Ended December 31, 2015
	Commercial Real Estate Mortgage Loans			Multi- Family		Residential Real  Estate Mortgage Loans			Commercial, Financial  and Agricultural Loans			Real Estate Construction and Land Loans			Installment/ Consumer Loans			Total
(In thousands)
Allowance for Loan Losses:
Beginning balance	$	6,994		$	2,670	$	2,208		$	4,526		$	1,104		$	135		$	17,637
Charge-offs		(50	)		-		(249	)		(827	)		-			(2	)		(1,128	)
Recoveries		-			-		79			149			-			7			235
Provision		906			1,538		77			1,557			(74	)		(4	)		4,000
Ending Balance	$	7,850		$	4,208	$	2,115		$	5,405		$	1,030		$	136		$	20,744
Ending balance: individually evaluated for impairment	$	20		$	-	$	-		$	9		$	-		$	-		$	29
Ending balance: collectively evaluated for impairment	$	7,830		$	4,208	$	2,115		$	5,396		$	1,030		$	136		$	20,715
Ending balance: loan acquired with deteriorated credit quality	$	-		$	-	$	-		$	-		$	-		$	-		$	-
Loans	$	1,053,399		$	350,793	$	392,815		$	501,766		$	91,153		$	17,596		$	2,407,522
Ending balance: individually evaluated for impairment	$	1,629		$	-	$	672		$	290		$	-		$	-		$	2,591
Ending balance: collectively evaluated for impairment	$	1,051,135		$	347,054	$	390,876		$	495,045		$	91,153		$	17,596		$	2,392,859
Ending balance: loans acquired with deteriorated credit quality	$	635		$	3,739	$	1,267		$	6,431		$	-		$	-		$	12,072

	Three Months Ended March 31, 2015
(In thousands)	Commercial Real Estate Mortgage Loans			Multi-Family		Residential Real Estate Mortgage Loans			Commercial, Financial and Agricultural Loans			Real Estate Construction and Land Loans		Installment/ Consumer Loans			Total
Allowance for Loan Losses:
Beginning balance	$	6,994		$	2,670	$	2,208		$	4,526		$	1,104	$	135		$	17,637
Charge-offs		-			-		-			(200	)		-		(2	)		(202	)
Recoveries		-			-		-			20			1		4			25
Provision		(4	)		310		(71	)		559			1		5			800
Ending Balance	$	6,990		$	2,980	$	2,137		$	4,905		$	1,106	$	142		$	18,260