Allowance for Loan Losses and Reserve for Unfunded Loan Commitments (Tables)

9 Months Ended

Sep. 30, 2014

Allowance for Loan Losses and Reserve for Unfunded Loan Commitments [Abstract]

Allowance for Credit Losses on Financing Receivables

The following tables detail the activity in the allowance for loan losses by portfolio segment for the three months ended September 30, 2014 and 2013:  

	For the three months ended September 30, 2014
(In thousands)	SBA held for investment		SBA 504		Commercial		Residential		Consumer		Unallocated		Total
Balance, beginning of period	$	2,505	$	929	$	6,282	$	2,171	$	741	$	230	$	12,858
Charge-offs		(232)		-		(72)		(201)		(211)		-		(716)
Recoveries		111		-		95		20		-		-		226
Net charge-offs		(121)		-		23		(181)		(211)		-		(490)
Provision for loan losses charged to expense		(102)		(69)		148		371		287		(85)		550
Balance, end of period	$	2,282	$	860	$	6,453	$	2,361	$	817	$	145	$	12,918

	For the three months ended September 30, 2013
(In thousands)	SBA held for investment		SBA 504		Commercial		Residential		Consumer		Unallocated		Total
Balance, beginning of period	$	3,135	$	1,488	$	6,806	$	1,954	$	489	$	437	$	14,309
Charge-offs		(211)		(590)		(253)		(125)		(229)		-		(1,408)
Recoveries		12		-		24		13		-		-		49
Net charge-offs		(199)		(590)		(229)		(112)		(229)		-		(1,359)
Provision for loan losses charged to expense		(152)		209		418		181		255		(311)		600
Balance, end of period	$	2,784	$	1,107	$	6,995	$	2,023	$	515	$	126	$	13,550

The following tables detail the activity in the allowance for loan losses by portfolio segment for the nine months ended September 30, 2014 and 2013:  

	For the nine months ended September 30, 2014
(In thousands)	SBA held for investment		SBA 504		Commercial		Residential		Consumer		Unallocated		Total
Balance, beginning of period	$	2,587	$	957	$	6,840	$	2,132	$	573	$	52	$	13,141
Charge-offs		(485)		(92)		(660)		(378)		(593)		-		(2,208)
Recoveries		129		-		135		20		1		-		285
Net charge-offs		(356)		(92)		(525)		(358)		(592)		-		(1,923)
Provision for loan losses charged to expense		51		(5)		138		587		836		93		1,700
Balance, end of period	$	2,282	$	860	$	6,453	$	2,361	$	817	$	145	$	12,918

	For the nine months ended September 30, 2013
(In thousands)	SBA held for investment		SBA 504		Commercial		Residential		Consumer		Unallocated		Total
Balance, beginning of period	$	3,378	$	1,312	$	7,091	$	1,769	$	524	$	684	$	14,758
Charge-offs		(948)		(990)		(828)		(250)		(288)		-		(3,304)
Recoveries		157		179		190		17		3		-		546
Net charge-offs		(791)		(811)		(638)		(233)		(285)		-		(2,758)
Provision for loan losses charged to expense		197		606		542		487		276		(558)		1,550
Balance, end of period	$	2,784	$	1,107	$	6,995	$	2,023	$	515	$	126	$	13,550

Allowance For Credit Losses On Financing Receivables On Basis Of Impairment Method

	September 30, 2014
(In thousands)	SBA held for investment		SBA 504		Commercial		Residential		Consumer		Unallocated		Total
Allowance for loan losses ending balance:
Individually evaluated for impairment	$	868	$	-	$	83	$	-	$	-	$	-	$	951
Collectively evaluated for impairment		1,414		860		6,370		2,361		817		145		11,967
Total	$	2,282	$	860	$	6,453	$	2,361	$	817	$	145	$	12,918
Loan ending balances:
Individually evaluated for impairment	$	2,886	$	3,893	$	5,962	$	-	$	-	$	-	$	12,741
Collectively evaluated for impairment		41,616		30,259		385,376		211,450		55,089		-		723,790
Total	$	44,502	$	34,152	$	391,338	$	211,450	$	55,089	$	-	$	736,531

	December 31, 2013
(In thousands)	SBA held for investment		SBA 504		Commercial		Residential		Consumer		Unallocated		Total
Allowance for loan losses ending balance:
Individually evaluated for impairment	$	831	$	29	$	278	$	-	$	-	$	-	$	1,138
Collectively evaluated for impairment		1,756		928		6,562		2,132		573		52		12,003
Total	$	2,587	$	957	$	6,840	$	2,132	$	573	$	52	$	13,141
Loan ending balances:
Individually evaluated for impairment	$	2,740	$	2,928	$	9,120	$	-	$	-	$	-	$	14,788
Collectively evaluated for impairment		46,178		28,636		354,220		182,067		46,139		-		657,240
Total	$	48,918	$	31,564	$	363,340	$	182,067	$	46,139	$	-	$	672,028