XML 34 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Allowance for Loan Losses ("ALLL")
 9 Months Ended
Sep. 30, 2013
Allowance for Loan Losses ("ALLL")  
Allowance for Loan Losses ("ALLL")

 

Note 5.  Allowance for Loan Losses (“ALLL”)

 

The following tables summarize the activity in the allowance attributed to various segments in the loan portfolio:

 

 

 

Real Estate

 

 

 

 

 

 

 

 

 

All Other

 

 

 

(dollar amounts in thousands)

 

Secured

 

Commercial

 

Construction

 

Land

 

Installment

 

Loans

 

Total

 

Balance, June 30, 2013

 

$

6,509

 

$

6,618

 

$

198

 

$

4,465

 

$

108

 

$

36

 

$

17,934

 

Charge-offs

 

(41

)

(736

)

-   

 

-   

 

(207

)

-   

 

(984

)

Recoveries

 

19

 

475

 

1

 

11

 

12

 

-   

 

518

 

Provisions for loan losses

 

(180

)

(207

)

44

 

170

 

174

 

(1

)

-   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, September 30, 2013

 

$

6,307

 

$

6,150

 

$

243

 

$

4,646

 

$

87

 

$

35

 

$

17,468

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, June 30, 2012

 

$

6,897

 

$

6,261

 

$

381

 

$

4,483

 

$

91

 

$

36

 

$

18,149

 

Charge-offs

 

(106

)

(1,511

)

(92

)

-   

 

(9

)

-   

 

(1,718

)

Recoveries

 

12

 

246

 

1

 

5

 

5

 

1

 

270

 

Provisions for loan losses

 

1,184

 

75

 

268

 

(225

)

(15

)

(1

)

1,286

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, September 30, 2012

 

$

7,987

 

$

5,071

 

$

558

 

$

4,263

 

$

72

 

$

36

 

$

17,987

 

 

 

 

Real Estate

 

 

 

 

 

 

 

 

 

All Other

 

 

 

(dollar amounts in thousands)

 

Secured

 

Commercial

 

Construction

 

Land

 

Installment

 

Loans

 

Total

 

Balance, December 31, 2012

 

$

6,879

 

$

6,154

 

$

313

 

$

4,670

 

$

64

 

$

38

 

$

18,118

 

Charge-offs

 

(131

)

(1,137

)

(169

)

(34

)

(380

)

-   

 

(1,851

)

Recoveries

 

143

 

947

 

2

 

45

 

64

 

-   

 

1,201

 

Provisions for loan losses

 

(584

)

186

 

97

 

(35

)

339

 

(3

)

-   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, September 30, 2013

 

$

6,307

 

$

6,150

 

$

243

 

$

4,646

 

$

87

 

$

35

 

$

17,468

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, December 31, 2011

 

$

9,645

 

$

6,549

 

$

488

 

$

2,416

 

$

175

 

$

41

 

$

19,314

 

Charge-offs

 

(2,471

)

(4,272

)

(668

)

(2,168

)

(29

)

(137

)

(9,745

)

Recoveries

 

74

 

623

 

1

 

18

 

18

 

3

 

737

 

Provisions for loan losses (1) 

 

739

 

2,171

 

737

 

3,997

 

(92

)

129

 

7,681

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, September 30, 2012

 

$

7,987

 

$

5,071

 

$

558

 

$

4,263

 

$

72

 

$

36

 

$

17,987

 

 

(1) The provision for loan losses includes the transfer of $3.9 million from C&I to Land related to the re-characterization of a loan as part of a TDR in the second quarter of 2012, as the restructured loan became collateral dependent on a parcel of land.

 

 

The following tables summarize comparative metrics about the allowance attributed to various segments of the loan portfolio:

 

 

 

September 30, 2013

 

 

 

Real Estate

 

 

 

 

 

 

 

 

 

All Other

 

 

 

(dollar amounts in thousands)

 

Secured

 

Commercial

 

Construction

 

Land

 

Installment

 

Loans

 

Total

 

Amount of allowance attributed to:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Specifically evaluated impaired loans

 

$

108

 

$

2,853

 

$

-   

 

$

3,854

 

$

10

 

$

-   

 

$

6,825

 

General portfolio allocation

 

$

6,199

 

$

3,297

 

$

243

 

$

792

 

$

77

 

$

35

 

$

10,643

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans individually evaluated for impairment

 

$

2,003

 

$

5,465

 

$

-   

 

$

8,060

 

$

27

 

$

-   

 

$

15,555

 

Loans collectively evaluated for impairment

 

$

601,078

 

$

126,642

 

$

13,174

 

$

16,982

 

$

3,468

 

$

255

 

$

761,599

 

General reserves to total loans collectively evaluated for impairment

 

1.03%

 

2.60%

 

1.84%

 

4.66%

 

2.22%

 

13.73%

 

1.40%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total gross loans

 

$

603,081

 

$

132,107

 

$

13,174

 

$

25,042

 

$

3,495

 

$

255

 

$

777,154

 

Total allowance to gross loans

 

1.05%

 

4.66%

 

1.84%

 

18.55%

 

2.49%

 

13.73%

 

2.25%

 

 

 

 

December 31, 2012

 

 

 

Real Estate

 

 

 

 

 

 

 

 

 

All Other

 

 

 

(dollar amounts in thousands)

 

Secured

 

Commercial

 

Construction

 

Land

 

Installment

 

Loans

 

Total

 

Amount of allowance attributed to:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Specifically evaluated impaired loans

 

$

25

 

$

2,185

 

$

-   

 

$

3,829

 

$

22

 

$

-   

 

$

6,061

 

General portfolio allocation

 

$

6,854

 

$

3,969

 

$

313

 

$

841

 

$

42

 

$

38

 

$

12,057

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans individually evaluated for impairment

 

$

2,898

 

$

5,596

 

$

1,380

 

$

7,182

 

$

285

 

$

-   

 

$

17,341

 

Loans collectively evaluated for impairment

 

$

490,110

 

$

141,468

 

$

18,336

 

$

17,482

 

$

4,610

 

$

261

 

$

672,267

 

General reserves to total loans collectively evaluated for impairment

 

1.40%

 

2.81%

 

1.71%

 

4.81%

 

0.91%

 

14.56%

 

1.79%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total gross loans

 

$

493,008

 

$

147,064

 

$

19,716

 

$

24,664

 

$

4,895

 

$

261

 

$

689,608

 

Total allowance to gross loans

 

1.40%

 

4.18%

 

1.59%

 

18.93%

 

1.31%

 

14.56%

 

2.63%