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LOANS (Tables)
 6 Months Ended
Jun. 30, 2012
LOANS [Abstract]  
Major classifications of loans
Major classifications of loans at June 30, 2012 and December 31, 2011 are summarized as follows:

 
2012
 
 
2011
 
Residential real estate
 
$
219,113
 
 
$
221,756
 
Multifamily real estate
 
 
30,722
 
 
 
34,335
 
Commercial real estate:
 
 
 
 
 
 
 
 
Owner occupied
 
 
99,057
 
 
 
101,864
 
Non owner occupied
 
 
164,116
 
 
 
166,540
 
Commercial and industrial
 
 
67,439
 
 
 
76,960
 
Consumer
 
 
28,934
 
 
 
30,090
 
All other
 
 
60,887
 
 
 
59,378
 
 
$
670,268
 
 
$
690,923
 
 
Activity in the allowance for loan losses by portfolio segment
Activity in the allowance for loan losses by portfolio segment for the six months ending June 30, 2012 was as follows:

Loan Class
 
Balance
Dec 31,
2011
 
 
Provision for loan losses
 
 
Loans
charged-off
 
 
Recoveries
 
 
Balance
June 30,
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
2,134
 
 
$
221
 
 
$
119
 
 
$
32
 
 
$
2,268
 
Multifamily real estate
 
 
284
 
 
 
143
 
 
 
-
 
 
 
-
 
 
 
427
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
918
 
 
 
76
 
 
 
15
 
 
 
-
 
 
 
979
 
Non owner occupied
 
 
2,381
 
 
 
(37
)
 
 
41
 
 
 
3
 
 
 
2,306
 
Commercial and industrial
 
 
1,880
 
 
 
1,095
 
 
 
992
 
 
 
1
 
 
 
1,984
 
Consumer
 
 
298
 
 
 
98
 
 
 
139
 
 
 
53
 
 
 
310
 
All other
 
 
1,900
 
 
 
104
 
 
 
474
 
 
 
58
 
 
 
1,588
 
Total
 
$
9,795
 
 
$
1,700
 
 
$
1,780
 
 
$
147
 
 
$
9,862
 

Activity in the allowance for loan losses by portfolio segment for the six months ending June 30, 2011 was as follows:

Loan Class
 
Balance
Dec 31,
2010
 
 
Provision for loan losses
 
 
Loans
charged-
off
 
 
Recoveries
 
 
Balance
June 30,
2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
2,666
 
 
$
152
 
 
$
168
 
 
$
16
 
 
$
2,666
 
Multifamily real estate
 
 
252
 
 
 
95
 
 
 
-
 
 
 
2
 
 
 
349
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
1,141
 
 
 
(155
)
 
 
-
 
 
 
2
 
 
 
988
 
Non owner occupied
 
 
1,644
 
 
 
253
 
 
 
261
 
 
 
3
 
 
 
1,639
 
Commercial and industrial
 
 
2,421
 
 
 
2,218
 
 
 
16
 
 
 
8
 
 
 
4,631
 
Consumer
 
 
366
 
 
 
18
 
 
 
60
 
 
 
40
 
 
 
364
 
All other
 
 
1,375
 
 
 
(241
)
 
 
73
 
 
 
50
 
 
 
1,111
 
Total
 
$
9,865
 
 
$
2,340
 
 
$
578
 
 
$
121
 
 
$
11,748
 
 
Activity in the allowance for loan losses by portfolio segment for the three months ending June 30, 2012 was as follows:

Loan Class
 
Balance
March 31,
2012
 
 
Provision for loan losses
 
 
Loans
charged-
off
 
 
Recoveries
 
 
Balance
June 30,
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
2,368
 
 
$
(55
)
 
$
54
 
 
$
9
 
 
$
2,268
 
Multifamily real estate
 
 
434
 
 
 
(7
)
 
 
-
 
 
 
-
 
 
 
427
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
1,024
 
 
 
(45
)
 
 
-
 
 
 
-
 
 
 
979
 
Non owner occupied
 
 
2,321
 
 
 
(15
)
 
 
3
 
 
 
3
 
 
 
2,306
 
Commercial and industrial
 
 
2,422
 
 
 
551
 
 
 
990
 
 
 
1
 
 
 
1,984
 
Consumer
 
 
305
 
 
 
51
 
 
 
73
 
 
 
27
 
 
 
310
 
All other
 
 
1,437
 
 
 
270
 
 
 
139
 
 
 
20
 
 
 
1,588
 
Total
 
$
10,311
 
 
$
750
 
 
$
1,259
 
 
$
60
 
 
$
9,862
 

Activity in the allowance for loan losses by portfolio segment for the three months ending June 30, 2011 was as follows:

Loan Class
 
Balance March 31, 2011
 
 
Provision for loan losses
 
 
Loans charged-off
 
 
Recoveries
 
 
Balance June 30, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
2,760
 
 
$
(16
)
 
$
88
 
 
$
10
 
 
$
2,666
 
Multifamily real estate
 
 
303
 
 
 
44
 
 
 
-
 
 
 
2
 
 
 
349
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
1,258
 
 
 
(270
)
 
 
-
 
 
 
-
 
 
 
988
 
Non owner occupied
 
 
1,896
 
 
 
(14
)
 
 
245
 
 
 
2
 
 
 
1,639
 
Commercial and industrial
 
 
2,262
 
 
 
2,369
 
 
 
-
 
 
 
-
 
 
 
4,631
 
Consumer
 
 
386
 
 
 
(5
)
 
 
32
 
 
 
15
 
 
 
364
 
All other
 
 
1,417
 
 
 
(288
)
 
 
33
 
 
 
15
 
 
 
1,111
 
Total
 
$
10,282
 
 
$
1,820
 
 
$
398
 
 
$
44
 
 
$
11,748
 

 
Purchased loans
As a result of the acquisition of Abigail Adams National Bancorp, the Company holds purchased loans for which there was, at the October 1, 2009 acquisition date, evidence of deterioration of credit quality since their origination and it was probable, at acquisition, that all contractually required payments would not be collected.  The carrying amount of those loans is as follows at June 30, 2012 and December 31, 2011.

 
2012
 
 
2011
 
Residential real estate
 
$
210
 
 
$
282
 
Multifamily real estate
 
 
3,524
 
 
 
3,708
 
Commercial real estate
 
 
 
 
 
 
 
 
Owner occupied
 
 
280
 
 
 
1,934
 
Non owner occupied
 
 
6,207
 
 
 
6,427
 
Commercial and industrial
 
 
548
 
 
 
583
 
All other
 
 
1,553
 
 
 
1,925
 
Total carrying amount
 
$
12,322
 
 
$
14,859
 
 
 
 
 
 
 
 
 
Carrying amount, net of allowance
 
$
12,322
 
 
$
14,859
 
Past due and non-performing loans
The following tables present the recorded investment in nonaccrual and loans past due over 90 days still on accrual by class of loans as of June 30, 2012 and December 31 2011.  The recorded investment in non-accrual loans is less than the principal owed on non-accrual loans due to discounts applied to the carrying value of the loan at time of their acquisition and interest payments made by the borrower which have been used to reduce the recorded investment in the loan rather than recognized as interest income.

June 30, 2012
 
Principal Owed on Non-accrual Loans
 
 
Recorded Investment in Non-accrual Loans
 
 
Loans Past Due Over 90 Days, still accruing
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
3,825
 
 
$
3,494
 
 
$
1,530
 
Multifamily real estate
 
 
8,251
 
 
 
6,492
 
 
 
1,034
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
6,200
 
 
 
5,372
 
 
 
790
 
Non owner occupied
 
 
10,868
 
 
 
7,416
 
 
 
918
 
Commercial and industrial
 
 
3,768
 
 
 
2,435
 
 
 
27
 
Consumer
 
 
137
 
 
 
125
 
 
 
9
 
All other
 
 
7,775
 
 
 
4,433
 
 
 
-
 
Total
 
$
40,824
 
 
$
29,767
 
 
$
4,308
 

December 31, 2011
 
Principal Owed on Non-accrual Loans
 
 
Recorded Investment in Non-accrual Loans
 
 
Loans Past Due Over 90 Days, still accruing
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
4,479
 
 
$
4,111
 
 
$
1,216
 
Multifamily real estate
 
 
13,118
 
 
 
11,139
 
 
 
-
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
9,970
 
 
 
8,260
 
 
 
851
 
Non owner occupied
 
 
12,938
 
 
 
9,835
 
 
 
1,596
 
Commercial and industrial
 
 
4,756
 
 
 
3,227
 
 
 
814
 
Consumer
 
 
246
 
 
 
237
 
 
 
50
 
All other
 
 
9,198
 
 
 
5,545
 
 
 
-
 
Total
 
$
54,705
 
 
$
42,354
 
 
$
4,527
 
Aging of recorded investment in past due loans by loan class
The following table presents the aging of the recorded investment in past due loans as of June 30, 2012 by class of loans:
 
Loan Class
 
Total Loans
 
 
30-89 Days Past Due
 
 
Greater than 90 days past due
 
 
Total Past Due
 
 
Loans Not Past Due
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
219,113
 
 
$
6,882
 
 
$
4,311
 
 
$
11,193
 
 
$
207,920
 
Multifamily real estate
 
 
30,722
 
 
 
1,377
 
 
 
6,058
 
 
 
7,435
 
 
 
23,287
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
99,057
 
 
 
1,638
 
 
 
1,339
 
 
 
2,977
 
 
 
96,080
 
Non owner occupied
 
 
164,116
 
 
 
697
 
 
 
3,102
 
 
 
3,799
 
 
 
160,317
 
Commercial and industrial
 
 
67,439
 
 
 
564
 
 
 
2,246
 
 
 
2,810
 
 
 
64,629
 
Consumer
 
 
28,934
 
 
 
339
 
 
 
98
 
 
 
437
 
 
 
28,497
 
All other
 
 
60,887
 
 
 
2,230
 
 
 
4,433
 
 
 
6,663
 
 
 
54,224
 
Total
 
$
670,268
 
 
$
13,727
 
 
$
21,587
 
 
$
35,314
 
 
$
634,954
 

The following table presents the aging of the recorded investment in past due loans as of December 31, 2011 by class of loans:
 
Loan Class
 
Total Loans
 
 
30-89 Days Past Due
 
 
Greater than 90 days past due
 
 
Total Past Due
 
 
Loans Not Past Due
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
221,756
 
 
$
6,729
 
 
$
3,635
 
 
$
10,364
 
 
$
211,392
 
Multifamily real estate
 
 
34,335
 
 
 
3,249
 
 
 
8,892
 
 
 
12,141
 
 
 
22,194
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
101,864
 
 
 
8,081
 
 
 
3,981
 
 
 
12,062
 
 
 
89,802
 
Non owner occupied
 
 
166,540
 
 
 
2,444
 
 
 
6,065
 
 
 
8,509
 
 
 
158,031
 
Commercial and industrial
 
 
76,960
 
 
 
1,714
 
 
 
3,153
 
 
 
4,867
 
 
 
72,093
 
Consumer
 
 
30,090
 
 
 
497
 
 
 
233
 
 
 
730
 
 
 
29,360
 
All other
 
 
59,378
 
 
 
222
 
 
 
5,532
 
 
 
5,754
 
 
 
53,624
 
Total
 
$
690,923
 
 
$
22,936
 
 
$
31,491
 
 
$
54,427
 
 
$
636,496
 
Allowance for loan losses and recorded investment in loans by portfolio segment based on impairment method
The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2012:
 
 
Allowance for Loan Losses
 
 
Loan Balances
 
Loan Class
 
Individually
Evaluated for
Impairment
 
 
Collectively
Evaluated for
Impairment
 
 
Acquired with
Deteriorated
Credit Quality
 
 
Total
 
 
Individually
Evaluated for
Impairment
 
 
Collectively
Evaluated for
Impairment
 
 
Acquired with
Deteriorated
Credit Quality
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
507
 
 
$
1,761
 
 
$
-
 
 
$
2,268
 
 
$
9,955
 
 
$
208,948
 
 
$
210
 
 
$
219,113
 
Multifamily real estate
 
 
-
 
 
 
427
 
 
 
-
 
 
 
427
 
 
 
1,283
 
 
 
25,915
 
 
 
3,524
 
 
 
30,722
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
132
 
 
 
847
 
 
 
-
 
 
 
979
 
 
 
7,213
 
 
 
91,564
 
 
 
280
 
 
 
99,057
 
Non-owner occupied
 
 
878
 
 
 
1,428
 
 
 
-
 
 
 
2,306
 
 
 
5,028
 
 
 
152,881
 
 
 
6,207
 
 
 
164,116
 
Commercial and industrial
 
 
1,379
 
 
 
605
 
 
 
-
 
 
 
1,984
 
 
 
11,084
 
 
 
55,807
 
 
 
548
 
 
 
67,439
 
Consumer
 
 
36
 
 
 
274
 
 
 
-
 
 
 
310
 
 
 
36
 
 
 
28,898
 
 
 
-
 
 
 
28,934
 
All other
 
 
116
 
 
 
1,472
 
 
 
-
 
 
 
1,588
 
 
 
4,970
 
 
 
54,364
 
 
 
1,553
 
 
 
60,887
 
Total
 
$
3,048
 
 
$
6,814
 
 
$
-
 
 
$
9,862
 
 
$
39,569
 
 
$
618,377
 
 
$
12,322
 
 
$
670,268
 

The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2011:
 
 
Allowance for Loan Losses
 
 
Loan Balances
 
Loan Class
 
Individually
Evaluated for
Impairment
 
 
Collectively
Evaluated for
Impairment
 
 
Acquired with
Deteriorated
Credit Quality
 
 
Total
 
 
Individually
Evaluated for
Impairment
 
 
Collectively
Evaluated for
Impairment
 
 
Acquired with
Deteriorated
Credit Quality
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
451
 
 
$
1,683
 
 
$
-
 
 
$
2,134
 
 
$
9,795
 
 
$
211,679
 
 
$
282
 
 
$
221,756
 
Multifamily real estate
 
 
-
 
 
 
284
 
 
 
-
 
 
 
284
 
 
 
8,594
 
 
 
22,033
 
 
 
3,708
 
 
 
34,335
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
138
 
 
 
780
 
 
 
-
 
 
 
918
 
 
 
8,663
 
 
 
91,267
 
 
 
1,934
 
 
 
101,864
 
Non-owner occupied
 
 
922
 
 
 
1,459
 
 
 
-
 
 
 
2,381
 
 
 
5,147
 
 
 
154,966
 
 
 
6,427
 
 
 
166,540
 
Commercial and industrial
 
 
894
 
 
 
986
 
 
 
-
 
 
 
1,880
 
 
 
3,636
 
 
 
72,741
 
 
 
583
 
 
 
76,960
 
Consumer
 
 
37
 
 
 
261
 
 
 
-
 
 
 
298
 
 
 
37
 
 
 
30,053
 
 
 
-
 
 
 
30,090
 
All other
 
 
605
 
 
 
1,295
 
 
 
-
 
 
 
1,900
 
 
 
8,372
 
 
 
49,081
 
 
 
1,925
 
 
 
59,378
 
Total
 
$
3,047
 
 
$
6,748
 
 
$
-
 
 
$
9,795
 
 
$
44,244
 
 
$
631,820
 
 
$
14,859
 
 
$
690,923
 
Loans individually evaluated for impairment by class of loans
The following table presents loans individually evaluated for impairment by class of loans as of June 30, 2012.  The table includes $12,322 of loans acquired with deteriorated credit quality that are still individually evaluated for impairment.

 
Unpaid Principal Balance
 
 
Recorded Investment
 
 
Allowance for Loan Losses Allocated
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
5,398
 
 
$
5,155
 
 
$
-
 
Multifamily real estate
 
 
7,077
 
 
 
4,807
 
 
 
-
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
8,159
 
 
 
6,859
 
 
 
-
 
Non owner occupied
 
 
12,355
 
 
 
9,102
 
 
 
-
 
Commercial and industrial
 
 
3,773
 
 
 
2,599
 
 
 
-
 
All other
 
 
9,737
 
 
 
5,910
 
 
 
-
 
 
 
46,499
 
 
 
34,432
 
 
 
-
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
5,048
 
 
$
5,010
 
 
$
507
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
634
 
 
 
634
 
 
 
132
 
Non owner occupied
 
 
2,197
 
 
 
2,133
 
 
 
878
 
Commercial and industrial
 
 
9,249
 
 
 
9,033
 
 
 
1,379
 
Consumer
 
 
36
 
 
 
36
 
 
 
36
 
All other
 
 
615
 
 
 
613
 
 
 
116
 
 
 
17,779
 
 
 
17,459
 
 
 
3,048
 
Total
 
$
64,278
 
 
$
51,891
 
 
$
3,048
 

The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2011.  The table includes $14,859 of loans acquired with deteriorated credit quality that are still individually evaluated for impairment.

 
Unpaid Principal Balance
 
 
Recorded Investment
 
 
Allowance for Loan Losses Allocated
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
5,602
 
 
$
5,329
 
 
$
-
 
Multifamily real estate
 
 
15,513
 
 
 
12,302
 
 
 
-
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
10,939
 
 
 
9,291
 
 
 
-
 
Non owner occupied
 
 
12,296
 
 
 
9,383
 
 
 
-
 
Commercial and industrial
 
 
3,392
 
 
 
2,287
 
 
 
-
 
All other
 
 
8,957
 
 
 
5,306
 
 
 
-
 
 
 
56,699
 
 
 
43,898
 
 
 
-
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
4,803
 
 
$
4,748
 
 
$
451
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
1,384
 
 
 
1,306
 
 
 
138
 
Non owner occupied
 
 
2,240
 
 
 
2,191
 
 
 
922
 
Commercial and industrial
 
 
2,242
 
 
 
1,932
 
 
 
894
 
Consumer
 
 
37
 
 
 
37
 
 
 
37
 
All other
 
 
4,992
 
 
 
4,991
 
 
 
605
 
 
 
15,698
 
 
 
15,205
 
 
 
3,047
 
Total
 
$
72,397
 
 
$
59,103
 
 
$
3,047
 
The average balance of loans individually evaluated for impairment and interest income recognized
The following table presents the average balance of loans individually evaluated for impairment and interest income recognized on these loans for the six months ended June 30, 2012 and June 30, 2011.   The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment.

 
Six months ended June 30, 2012
 
 
Six months ended June 30, 2011
 
Loan Class
 
Average Recorded Investment
 
 
Interest Income Recognized
 
 
Cash Basis Interest Recognized
 
 
Average Recorded Investment
 
 
Interest Income Recognized
 
 
Cash Basis Interest Recognized
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
10,165
 
 
$
318
 
 
$
304
 
 
$
281
 
 
$
84
 
 
$
93
 
Multifamily real estate
 
 
7,334
 
 
 
1,350
 
 
 
1,341
 
 
 
6,748
 
 
 
16
 
 
 
16
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
8,612
 
 
 
938
 
 
 
923
 
 
 
11,949
 
 
 
25
 
 
 
26
 
Non-owner occupied
 
 
11,479
 
 
 
55
 
 
 
51
 
 
 
10,147
 
 
 
30
 
 
 
32
 
Commercial and industrial
 
 
9,055
 
 
 
240
 
 
 
233
 
 
 
8,441
 
 
 
189
 
 
 
192
 
Consumer
 
 
37
 
 
 
1
 
 
 
1
 
 
 
41
 
 
 
4
 
 
 
4
 
All other
 
 
7,896
 
 
 
194
 
 
 
183
 
 
 
12,865
 
 
 
25
 
 
 
25
 
Total
 
$
54,578
 
 
$
3,096
 
 
$
3,036
 
 
$
50,472
 
 
$
373
 
 
$
388
 

The following table presents the average balance of loans individually evaluated for impairment and interest income recognized on these loans for the three months ended June 30, 2012 and June 30, 2011.   The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment.

 
Three months ended June 30, 2012
 
 
Three months ended June 30, 2011
 
Loan Class
 
Average Recorded Investment
 
 
Interest Income Recognized
 
 
Cash Basis Interest Recognized
 
 
Average Recorded Investment
 
 
Interest Income Recognized
 
 
Cash Basis Interest Recognized
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
10,209
 
 
$
189
 
 
$
181
 
 
$
319
 
 
$
82
 
 
$
91
 
Multifamily real estate
 
 
4,850
 
 
 
43
 
 
 
37
 
 
 
7,751
 
 
 
16
 
 
 
16
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
7,619
 
 
 
44
 
 
 
38
 
 
 
11,977
 
 
 
12
 
 
 
12
 
Non-owner occupied
 
 
11,432
 
 
 
20
 
 
 
25
 
 
 
9,111
 
 
 
23
 
 
 
24
 
Commercial and industrial
 
 
11,473
 
 
 
133
 
 
 
126
 
 
 
8,390
 
 
 
16
 
 
 
18
 
Consumer
 
 
36
 
 
 
1
 
 
 
1
 
 
 
40
 
 
 
3
 
 
 
3
 
All other
 
 
6,696
 
 
 
98
 
 
 
101
 
 
 
13,571
 
 
 
19
 
 
 
17
 
Total
 
$
52,315
 
 
$
528
 
 
$
509
 
 
$
51,159
 
 
$
171
 
 
$
181
 
Troubled debt restructurings
The following table presents TDR's as of June 30, 2012 and December 31, 2011:

June 30, 2012
 
TDR's on
Non-accrual
 
 
Other TDR's
 
 
Total TDR's
 
 
 
 
 
 
 
 
 
 
Residential  real estate
 
$
317
 
 
$
1,079
 
 
$
1,396
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
4,391
 
 
 
-
 
 
 
4,391
 
Non owner occupied
 
 
2,971
 
 
 
1,612
 
 
 
4,583
 
Commercial and industrial
 
 
3
 
 
 
2,795
 
 
 
2,798
 
All other
 
 
-
 
 
 
2,039
 
 
 
2,039
 
Total
 
$
7,682
 
 
$
7,525
 
 
$
15,207
 

December 31, 2011
 
TDR's on
Non-accrual
 
 
Other TDR's
 
 
Total TDR's
 
 
 
 
 
 
 
 
 
 
Residential  real estate
 
$
59
 
 
$
1,371
 
 
$
1,430
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
4,541
 
 
 
-
 
 
 
4,541
 
Non owner occupied
 
 
3,135
 
 
 
1,641
 
 
 
4,776
 
Commercial and industrial
 
 
42
 
 
 
897
 
 
 
939
 
Consumer
 
 
11
 
 
 
1
 
 
 
12
 
All other
 
 
-
 
 
 
2,041
 
 
 
2,041
 
Total
 
$
7,788
 
 
$
5,951
 
 
$
13,739
 
Troubled debt restructuring during the period
The following table presents TDR's that occurred during the three and six months ended June 30, 2012:

 
Three months ended June 30, 2012
 
 
Six months ended June 30, 2012
 
Loan Class
 
Number of Loans
 
 
Pre-Modification Outstanding Recorded Investment
 
 
Post-Modification Outstanding Recorded Investment
 
 
Number of Loans
 
 
Pre-Modification Outstanding Recorded Investment
 
 
Post-Modification Outstanding Recorded Investment
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
-
 
 
$
-
 
 
$
-
 
 
 
2
 
 
$
1,999
 
 
$
1,999
 
Risk category of loans by class of loans
As of June 30, 2012, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:

Loan Class
 
Pass
 
 
Special Mention
 
 
Substandard
 
 
Doubtful
 
 
Total Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
197,990
 
 
$
6,863
 
 
$
14,010
 
 
$
250
 
 
$
219,113
 
Multifamily real estate
 
 
20,735
 
 
 
2,210
 
 
 
7,777
 
 
 
-
 
 
 
30,722
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
80,746
 
 
 
4,201
 
 
 
14,110
 
 
 
-
 
 
 
99,057
 
Non-owner occupied
 
 
143,756
 
 
 
4,805
 
 
 
15,555
 
 
 
-
 
 
 
164,116
 
Commercial and industrial
 
 
51,948
 
 
 
3,679
 
 
 
11,795
 
 
 
17
 
 
 
67,439
 
Consumer
 
 
28,693
 
 
 
157
 
 
 
48
 
 
 
36
 
 
 
28,934
 
All other
 
 
49,845
 
 
 
725
 
 
 
9,629
 
 
 
688
 
 
 
60,887
 
Total
 
$
573,713
 
 
$
22,640
 
 
$
72,924
 
 
$
991
 
 
$
670,268
 

As of December 31, 2011, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:

Loan Class
 
Pass
 
 
Special Mention
 
 
Substandard
 
 
Doubtful
 
 
Total Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
$
198,865
 
 
$
8,105
 
 
$
14,731
 
 
$
55
 
 
$
221,756
 
Multifamily real estate
 
 
16,798
 
 
 
2,218
 
 
 
15,319
 
 
 
-
 
 
 
34,335
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
79,753
 
 
 
5,377
 
 
 
16,600
 
 
 
134
 
 
 
101,864
 
Non-owner occupied
 
 
146,305
 
 
 
4,883
 
 
 
15,352
 
 
 
-
 
 
 
166,540
 
Commercial and industrial
 
 
58,158
 
 
 
8,675
 
 
 
10,095
 
 
 
32
 
 
 
76,960
 
Consumer
 
 
29,753
 
 
 
198
 
 
 
102
 
 
 
37
 
 
 
30,090
 
All other
 
 
43,485
 
 
 
1,052
 
 
 
14,064
 
 
 
777
 
 
 
59,378
 
Total
 
$
573,117
 
 
$
30,508
 
 
$
86,263
 
 
$
1,035
 
 
$
690,923