Loans And Related Allowances For Loan Losses (Tables)
3 Months Ended
Mar. 31, 2013
Loans and Related Allowances for Loan Losses [Abstract]  
Allowance For Loan Losses Summarized By Loan Portfolio Segments [Table Text Block]

The following table summarizes the primary segments of the loan portfolio as of March 31, 2013 and December 31, 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

Commercial Real Estate

Acquisition and Development

Commercial and Industrial

Residential Mortgage

Consumer

March 31, 2013

 

 

 

 

 

 

 

 

 

 

Total loans

$

290,619 

$

124,142 

$

68,380 

$

348,979 

$

27,549 

  Individually evaluated for impairment

$

15,990 

$

24,242 

$

3,415 

$

4,736 

$

116 

  Collectively evaluated for impairment

$

274,629 

$

99,900 

$

64,965 

$

344,243 

$

27,433 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

 

 

 

 

 

 

 

 

Total loans

$

298,851 

$

128,391 

$

69,013 

$

346,919 

$

31,655 

  Individually evaluated for impairment

$

15,941 

$

24,112 

$

3,449 

$

4,304 

$

36 

  Collectively evaluated for impairment

$

282,910 

$

104,279 

$

65,564 

$

342,615 

$

31,619 

(in thousands)

Commercial Real Estate

Acquisition and Development

Commercial and Industrial

Residential Mortgage

Consumer

Total

March 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

Total ALL

$

5,789 

$

4,760 

$

645 

$

4,483 

$

348 

$

16,025 

  Individually evaluated for impairment

$

209 

$

2,366 

$

128 

$

78 

$

0 

$

2,781 

  Collectively evaluated for impairment

$

5,580 

$

2,394 

$

517 

$

4,405 

$

348 

$

13,244 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

Total ALL

$

5,206 

$

5,029 

$

906 

$

4,507 

$

399 

$

16,047 

  Individually evaluated for impairment

$

126 

$

1,506 

$

0 

$

0 

$

0 

$

1,632 

  Collectively evaluated for impairment

$

5,080 

$

3,523 

$

906 

$

4,507 

$

399 

$

14,415 

(in thousands)

Commercial Real Estate

Acquisition and Development

Commercial and Industrial

Residential Mortgage

Consumer

Total

ALL balance at January 1, 2013

$

5,206 

$

5,029 

$

906 

$

4,507 

$

399 

$

16,047 

Charge-offs

 

0 

 

(4)

 

(876)

 

(155)

 

(143)

 

(1,178)

Recoveries

 

100 

 

8 

 

49 

 

31 

 

103 

 

291 

Provision

 

483 

 

(273)

 

566 

 

100 

 

(11)

 

865 

ALL balance at March 31, 2013

$

5,789 

$

4,760 

$

645 

$

4,483 

$

348 

$

16,025 

 

 

 

 

 

 

 

 

 

 

 

 

 

ALL balance at January 1, 2012

$

6,218 

$

7,190 

$

2,190 

$

3,430 

$

452 

$

19,480 

Charge-offs

 

(1,161)

 

(246)

 

(9,091)

 

(283)

 

(173)

 

(10,954)

Recoveries

 

0 

 

12 

 

330 

 

99 

 

122 

 

563 

Provision

 

1,578 

 

(1,077)

 

7,500 

 

131 

 

(8)

 

8,124 

ALL balance at March 31, 2012

$

6,635 

$

5,879 

$

929 

$

3,377 

$

393 

$

17,213 

 

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 and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of March 31, 2013 and December 31, 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

Pass

Special Mention

Substandard

Doubtful

Total

March 31, 2013

 

 

 

 

 

 

 

 

 

 

 Commercial real estate

 

 

 

 

 

 

 

 

 

 

    Non owner-occupied

$

125,892 

$

3,705 

$

20,855 

$

0 

$

150,452 

    All other CRE

 

102,255 

 

8,995 

 

28,917 

 

0 

 

140,167 

 Acquisition and development

 

 

 

 

 

 

 

 

 

 

    1-4 family residential construction

 

8,216 

 

1,096 

 

5,948 

 

0 

 

15,260 

    All other A&D

 

75,005 

 

2,185 

 

31,692 

 

0 

 

108,882 

 Commercial and industrial

 

60,502 

 

1,973 

 

5,905 

 

0 

 

68,380 

 Residential mortgage

 

 

 

 

 

 

 

 

 

 

    Residential mortgage - term

 

260,459 

 

744 

 

11,171 

 

0 

 

272,374 

    Residential mortgage - home equity

 

74,329 

 

288 

 

1,988 

 

0 

 

76,605 

 Consumer

 

27,184 

 

21 

 

344 

 

0 

 

27,549 

       Total

$

733,842 

$

19,007 

$

106,820 

$

0 

$

859,669 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

 

 

 

 

 

 

 

 

 Commercial real estate

 

 

 

 

 

 

 

 

 

 

    Non owner-occupied

$

126,230 

$

6,464 

$

18,840 

$

0 

$

151,534 

    All other CRE

 

110,365 

 

9,072 

 

27,880 

 

0 

 

147,317 

 Acquisition and development

 

 

 

 

 

 

 

 

 

 

    1-4 family residential construction

 

9,284 

 

1,101 

 

5,967 

 

0 

 

16,352 

    All other A&D

 

79,136 

 

1,073 

 

31,830 

 

0 

 

112,039 

 Commercial and industrial

 

60,234 

 

2,029 

 

6,750 

 

0 

 

69,013 

 Residential mortgage

 

 

 

 

 

 

 

 

 

 

    Residential mortgage - term

 

255,993 

 

751 

 

11,885 

 

0 

 

268,629 

    Residential mortgage - home equity

 

75,935 

 

195 

 

2,160 

 

0 

 

78,290 

 Consumer

 

31,376 

 

22 

 

257 

 

0 

 

31,655 

       Total

$

748,553 

$

20,707 

$

105,569 

$

0 

$

874,829 

 

Loan Portfolio Summarized By The Past Due Status [Table Text Block]

The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and non-accrual loans as of March 31, 2013 and December 31, 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

Current

30-59 Days Past Due

60-89 Days Past Due

90 Days+ Past Due

Total Past Due and Accruing

Non-Accrual

Total Loans

March 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Commercial real estate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    Non owner-occupied

$

145,725 

$

196 

$

172 

$

64 

$

432 

$

4,295 

$

150,452 

    All other CRE

 

137,933 

 

140 

 

0 

 

0 

 

140 

 

2,094 

 

140,167 

 Acquisition and development

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    1-4 family residential construction

 

13,719 

 

0 

 

0 

 

0 

 

0 

 

1,541 

 

15,260 

    All other A&D

 

95,480 

 

2,410 

 

0 

 

0 

 

2,410 

 

10,992 

 

108,882 

 Commercial and industrial

 

67,793 

 

259 

 

101 

 

41 

 

401 

 

186 

 

68,380 

 Residential mortgage

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    Residential mortgage - term

 

257,615 

 

10,643 

 

743 

 

160 

 

11,546 

 

3,213 

 

272,374 

    Residential mortgage - home equity

 

75,485 

 

753 

 

231 

 

0 

 

984 

 

136 

 

76,605 

 Consumer

 

26,623 

 

593 

 

177 

 

41 

 

811 

 

115 

 

27,549 

       Total

$

820,373 

$

14,994 

$

1,424 

$

306 

$

16,724 

$

22,572 

$

859,669 

December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Commercial real estate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    Non owner-occupied

$

146,796 

$

321 

$

64 

$

0 

$

385 

$

4,353 

$

151,534 

    All other CRE

 

143,108 

 

2,368 

 

0 

 

0 

 

2,368 

 

1,841 

 

147,317 

 Acquisition and development

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    1-4 family residential construction

 

16,280 

 

61 

 

0 

 

0 

 

61 

 

11 

 

16,352 

    All other A&D

 

100,232 

 

619 

 

221 

 

200 

 

1,040 

 

10,767 

 

112,039 

 Commercial and industrial

 

68,228 

 

580 

 

29 

 

0 

 

609 

 

176 

 

69,013 

 Residential mortgage

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    Residential mortgage - term

 

251,673 

 

7,446 

 

5,244 

 

1,639 

 

14,329 

 

2,627 

 

268,629 

    Residential mortgage - home equity

 

77,224 

 

583 

 

130 

 

249 

 

962 

 

104 

 

78,290 

 Consumer

 

30,434 

 

800 

 

327 

 

58 

 

1,185 

 

36 

 

31,655 

       Total

$

833,975 

$

12,778 

$

6,015 

$

2,146 

$

20,939 

$

19,915 

$

874,829 

 

Impaired Loans And Related Interest Income By Loan Portfolio Class [Table Text Block]

The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary as of March 31, 2013 and December 31, 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Impaired

 

 

 

 

 

 

 

 

Loans with No

 

 

 

 

Impaired Loans with

 

Specific

 

 

 

 

 

 

Specific Allowance

 

Allowance

 

Total Impaired Loans

 

 

 

 

 

 

 

 

 

 

Unpaid

 

 

Recorded

 

Related

 

Recorded

 

Recorded

 

Principal

(in thousands)

 

Investment

 

Allowances

 

Investment

 

Investment

 

Balance

March 31, 2013

 

 

 

 

 

 

 

 

 

 

 Commercial real estate

 

 

 

 

 

 

 

 

 

 

    Non owner-occupied

$

135 

$

27 

$

5,103 

$

5,238 

$

7,868 

    All other CRE

 

985 

 

182 

 

9,767 

 

10,752 

 

10,905 

 Acquisition and development

 

 

 

 

 

 

 

 

 

 

    1-4 family residential construction

 

3,584 

 

625 

 

9 

 

3,593 

 

3,681 

    All other A&D

 

5,383 

 

1,741 

 

15,266 

 

20,649 

 

24,898 

 Commercial and industrial

 

128 

 

128 

 

3,287 

 

3,415 

 

3,432 

 Residential mortgage

 

 

 

 

 

 

 

 

 

 

    Residential mortgage - term

 

706 

 

78 

 

3,433 

 

4,139 

 

4,855 

    Residential mortgage – home equity

 

0 

 

0 

 

597 

 

597 

 

597 

 Consumer

 

0 

 

0 

 

116 

 

116 

 

116 

       Total impaired loans

$

10,921 

$

2,781 

$

37,578 

$

48,499 

$

56,352 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

 

 

 

 

 

 

 

 

 Commercial real estate

 

 

 

 

 

 

 

 

 

 

    Non owner-occupied

$

0 

$

0 

$

5,309 

$

5,309 

$

7,929 

    All other CRE

 

1,019 

 

126 

 

9,613 

 

10,632 

 

10,785 

 Acquisition and development

 

 

 

 

 

 

 

 

 

 

    1-4 family residential construction

 

2,052 

 

471 

 

10 

 

2,062 

 

2,062 

    All other A&D

 

5,410 

 

1,035 

 

16,640 

 

22,050 

 

26,232 

 Commercial and industrial

 

0 

 

0 

 

3,449 

 

3,449 

 

3,449 

 Residential mortgage

 

 

 

 

 

 

 

 

 

 

    Residential mortgage - term

 

0 

 

0 

 

3,755 

 

3,755 

 

4,086 

    Residential mortgage – home equity

 

0 

 

0 

 

549 

 

549 

 

549 

 Consumer

 

0 

 

0 

 

36 

 

36 

 

36 

       Total impaired loans

$

8,481 

$

1,632 

$

39,361 

$

47,842 

$

55,128 

 

Average Of Impaired Loans And Related Interest Income By Loan Portfolio Class [Table Text Block]

 

 

The following tables present the average recorded investment in impaired loans by class and related interest income recognized for the periods indicated:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

Three months ended

 

March 31, 2013

March 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest

Interest

 

 

Interest

Interest

 

 

 

income

income

 

 

income

income

 

 

 

recognized

recognized

 

 

recognized

recognized

 

Average

on an

on a cash

Average

on an

on a cash

(in thousands)

investment

accrual basis

basis

investment

accrual basis

basis

 Commercial real estate

 

 

 

 

 

 

 

 

 

 

 

 

    Non owner-occupied

$

5,274 

$

12 

$

0 

$

8,899 

$

6 

$

0 

    All other CRE

 

10,692 

 

89 

 

46 

 

8,136 

 

80 

 

0 

 Acquisition and development

 

 

 

 

 

 

 

 

 

 

 

 

    1-4 family residential construction

 

2,828 

 

24 

 

0 

 

2,463 

 

24 

 

0 

    All other A&D

 

21,350 

 

142 

 

0 

 

23,124 

 

105 

 

0 

 Commercial and industrial

 

3,432 

 

35 

 

0 

 

8,514 

 

34 

 

0 

 Residential mortgage

 

 

 

 

 

 

 

 

 

 

 

 

    Residential mortgage - term

 

3,947 

 

19 

 

2 

 

4,994 

 

35 

 

15 

    Residential mortgage – home equity

 

573 

 

6 

 

0 

 

1,056 

 

4 

 

3 

 Consumer

 

76 

 

0 

 

0 

 

49 

 

0 

 

0 

       Total

$

48,172 

$

327 

$

48 

$

57,235 

$

288 

$

18 

 

Modification of Troubled Debt Restructuring By Class [Table Text Block]

The following table presents the volume and recorded investment at the time of modification of TDRs by class and type of modification that occurred during the periods indicated:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Temporary Rate

 

 

 

Modification of Payment

 

Modification

Extension of Maturity

and Other Terms

 

Number of

Recorded

Number of

Recorded

Number of

Recorded

(in thousands)

Contracts

Investment

Contracts

Investment

Contracts

Investment

Three months ended March 31, 2013

 

 

 

 

 

 

 

 

 

 Commercial real estate

 

 

 

 

 

 

 

 

 

    Non owner-occupied

0 

$

0 
2 

$

268 
0 

$

0 

    All other CRE

0 

 

0 
0 

 

0 
0 

 

0 

 Acquisition and development

 

 

 

 

 

 

 

 

 

    1-4 family residential construction

0 

 

0 
0 

 

0 
0 

 

0 

    All other A&D

0 

 

0 
2 

 

252 
0 

 

0 

 Commercial and industrial

0 

 

0 
0 

 

0 
0 

 

0 

 Residential mortgage

 

 

 

 

 

 

 

 

 

    Residential mortgage – term

1 

 

172 
0 

 

0 
0 

 

0 

    Residential mortgage – home equity

0 

 

0 
0 

 

0 
0 

 

0 

 Consumer

0 

 

0 
0 

 

0 
0 

 

0 

       Total

1 

$

172 
4 

$

520 
0 

$

0 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Temporary Rate

 

 

 

Modification of Payment

 

Modification

Extension of Maturity

and Other Terms

 

Number of

Recorded

Number of

Recorded

Number of

Recorded

(in thousands)

Contracts

Investment

Contracts

Investment

Contracts

Investment

Three Months Ended March 31, 2012

 

 

 

 

 

 

 

 

 

 Commercial real estate

 

 

 

 

 

 

 

 

 

    Non owner-occupied

0 

$

0 
0 

$

0 
0 

$

0 

    All other CRE

0 

 

0 
0 

 

0 
0 

 

0 

 Acquisition and development

 

 

 

 

 

 

 

 

 

    1-4 family residential construction

0 

 

0 
0 

 

0 
0 

 

0 

    All other A&D

0 

 

0 
0 

 

0 
0 

 

0 

 Commercial and industrial

0 

 

0 
0 

 

0 
0 

 

0 

 Residential mortgage

 

 

 

 

 

 

 

 

 

    Residential mortgage – term

1 

 

513 
0 

 

0 
0 

 

0 

    Residential mortgage – home equity

0 

 

0 
0 

 

0 
0 

 

0 

 Consumer

0 

 

0 
0 

 

0 
0 

 

0 

       Total

1 

$

513 
0 

$

0 
0 

$

0