LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)
 12 Months Ended
Dec. 31, 2016
Receivables [Abstract]  
Components of Loans in Consolidated Balance Sheet
The components of loans in the Consolidated Balance Sheet at December 31, were as follows:

(Dollars in thousands)
 
2016
 
2015
Commercial and Non-Residential Real Estate
 
$
757,516

 
$
729,319

Residential Real Estate
 
215,452

 
217,366

Home Equity
 
65,386

 
68,124

Consumer
 
14,511

 
17,361

Total Loans
 
$
1,052,865

 
$
1,032,170
Primary Segments of the Loan Portfolio
The following table summarizes the primary segments of the loan portfolio as of December 31, 2016 and 2015:

(Dollars in thousands)
 
Commercial
 
Residential
 
Home Equity
 
Consumer
 
Total
December 31, 2016
 
 
 
 
 
 
 
 
 
 
     Individually evaluated for impairment
 
$
10,781

 
$
1,161

 
$
132

 
$
78

 
$
12,152

     Collectively evaluated for impairment
 
746,735

 
214,291

 
65,254

 
14,433

 
1,040,713

Total Loans
 
$
757,516

 
$
215,452

 
$
65,386

 
$
14,511

 
$
1,052,865

December 31, 2015
 
 
 
 
 
 
 
 
 
 
     Individually evaluated for impairment
 
$
14,177

 
$
1,067

 
$
28

 
$
103

 
$
15,375

     Collectively evaluated for impairment
 
715,142

 
216,299

 
68,096

 
17,258

 
1,016,795

Total Loans
 
$
729,319

 
$
217,366

 
$
68,124

 
$
17,361

 
$
1,032,170
Impaired Loans by Class
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 December 31, 2016 and 2015:

 
 
Impaired Loans with Specific Allowance
 
Impaired Loans with No Specific Allowance
 
Total Impaired Loans
(Dollars in thousands)
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Recorded Investment
 
Unpaid Principal Balance
December 31, 2016
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
     Commercial Business
 
$
—

 
$
—

 
$
3,342

 
$
3,342

 
$
4,102

     Commercial Real Estate
 
2,757

 
302

 
892

 
3,649

 
3,676

     Acquisition & Development
 
264

 
74

 
3,526

 
3,790

 
6,059

          Total Commercial
 
3,021

 
376

 
7,760

 
10,781

 
13,837

Residential
 
783

 
122

 
378

 
1,161

 
1,166

Home Equity
 
62

 
36

 
70

 
132

 
135

Consumer
 
16

 
9

 
62

 
78

 
285

          Total Impaired Loans
 
$
3,882

 
$
543

 
$
8,270

 
$
12,152

 
$
15,423

 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
     Commercial Business
 
$
574

 
$
4

 
$
3,260

 
$
3,834

 
$
3,834

     Commercial Real Estate
 
7,587

 
513

 
—

 
7,587

 
7,587

     Acquisition & Development
 
1,800

 
191

 
956

 
2,756

 
4,131

          Total Commercial
 
9,961

 
708

 
4,216

 
14,177

 
15,552

Residential
 
1,045

 
276

 
22

 
1,067

 
1,067

Home Equity
 
28

 
28

 
—

 
28

 
28

Consumer
 
103

 
1

 
—

 
103

 
103

          Total Impaired Loans
 
$
11,137

 
$
1,013

 
$
4,238

 
$
15,375

 
$
16,750
Average Recorded Investment in Impaired Loans and Related Interest Income Recognized
The following table presents the average recorded investment in impaired loans and related interest income recognized for the years ended:

 
 
December 31, 2016
 
December 31, 2015
 
December 31, 2014
(Dollars in thousands)
 
Average Investment in Impaired Loans
 
Interest Income Recognized on Accrual Basis
 
Interest Income Recognized on Cash Basis
 
Average Investment in Impaired Loans
 
Interest Income Recognized on Accrual Basis
 
Interest Income Recognized on Cash Basis
 
Average Investment in Impaired Loans
 
Interest Income Recognized on Accrual Basis
 
Interest Income Recognized on Cash Basis
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Commercial Business
 
$
4,027

 
$
155

 
$
104

 
$
3,153

 
$
156

 
$
114

 
$
301

 
$
14

 
$
61

  Commercial Real Estate
 
3,590

 
100

 
75

 
6,618

 
63

 
61

 
2,213

 
149

 
105

  Acquisition & Development
 
3,983

 
9

 
112

 
2,408

 
9

 
10

 
4,456

 
112

 
94

    Total Commercial
 
11,600

 
264

 
291

 
12,179

 
228

 
185

 
6,970

 
275

 
260

Residential
 
928

 
20

 
28

 
920

 
12

 
13

 
804

 
20

 
20

Home Equity
 
50

 
1

 
1

 
28

 
1

 
1

 
28

 
1

 
1

Consumer
 
245

 
—

 
—

 
1

 
—

 
—

 
20

 
1

 
1

Total
 
$
12,823

 
$
285

 
$
320

 
$
13,128

 
$
241

 
$
199

 
$
7,822

 
$
297

 
$
282
Classes of the Loan Portfolio Summarized by the Aggregate Pass and the Criticized Categories
The following table represents 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 December 31, 2016 and 2015:

(Dollars in thousands)
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
December 31, 2016
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
     Commercial Business
 
$
377,631

 
$
2,933

 
$
6,833

 
$
69

 
$
387,466

     Commercial Real Estate
 
240,851

 
26,340

 
3,532

 
737

 
271,460

     Acquisition & Development
 
90,875

 
1,905

 
2,584

 
3,226

 
98,590

          Total Commercial
 
709,357

 
31,178

 
12,949

 
4,032

 
757,516

Residential
 
212,869

 
1,664

 
787

 
132

 
215,452

Home Equity
 
64,706

 
582

 
98

 
—

 
65,386

Consumer
 
14,134

 
302

 
13

 
62

 
14,511

          Total Loans
 
$
1,001,066

 
$
33,726

 
$
13,847

 
$
4,226

 
$
1,052,865

 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
     Commercial Business
 
$
288,549

 
$
7,949

 
$
3,411

 
$
574

 
$
300,483

     Commercial Real Estate
 
299,560

 
9,761

 
8,436

 
—

 
317,757

     Acquisition & Development
 
105,585

 
2,739

 
1,223

 
1,532

 
111,079

          Total Commercial
 
693,694

 
20,449

 
13,070

 
2,106

 
729,319

Residential
 
214,184

 
1,764

 
1,168

 
250

 
217,366

Home Equity
 
67,645

 
416

 
63

 
—

 
68,124

Consumer
 
16,679

 
311

 
371

 
—

 
17,361

          Total Loans
 
$
992,202

 
$
22,940

 
$
14,672

 
$
2,356

 
$
1,032,170
Classes of the Loan Portfolio Summarized by Aging Categories
The following table presents the classes of the loan portfolio summarized by aging categories of performing loans and nonaccrual loans as of December 31, 2016 and 2015:
(Dollars in thousands)
 
Current
 
30-59 Days Past Due
 
60-89 Days Past Due
 
90+ Days Past Due
 
Total Past Due
 
Total Loans
 
Non-Accrual
 
90+ Days Still Accruing
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     Commercial Business
 
$
387,208

 
$
15

 
$
169

 
$
74

 
$
258

 
$
387,466

 
$
74

 
$
—

     Commercial Real Estate
 
270,339

 
229

 
—

 
892

 
1,121

 
271,460

 
1,375

 
—

     Acquisition & Development
 
96,014

 
—

 
—

 
2,576

 
2,576

 
98,590

 
3,526

 
—

          Total Commercial
 
753,561

 
244

 
169

 
3,542

 
3,955

 
757,516

 
4,975

 
—

Residential
 
212,502

 
2,067

 
419

 
464

 
2,950

 
215,452

 
1,072

 
—

Home Equity
 
64,791

 
525

 
—

 
70

 
595

 
65,386

 
104

 
—

Consumer
 
14,354

 
55

 
34

 
68

 
157

 
14,511

 
78

 
—

          Total Loans
 
$
1,045,208

 
$
2,891

 
$
622

 
$
4,144

 
$
7,657

 
$
1,052,865

 
$
6,229

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     Commercial Business
 
$
299,515

 
$
300

 
$
—

 
$
668

 
$
968

 
$
300,483

 
$
687

 
$
—

     Commercial Real Estate
 
307,029

 
436

 
4,731

 
5,561

 
10,728

 
317,757

 
5,020

 
541

     Acquisition & Development
 
107,607

 
678

 
—

 
2,794

 
3,472

 
111,079

 
2,488

 
307

          Total Commercial
 
714,151

 
1,414

 
4,731

 
9,023

 
15,168

 
729,319

 
8,195

 
848

Residential
 
214,326

 
1,838

 
576

 
626

 
3,040

 
217,366

 
803

 
—

Home Equity
 
67,908

 
23

 
193

 
—

 
216

 
68,124

 
36

 
—

Consumer
 
16,921

 
48

 
21

 
371

 
440

 
17,361

 
371

 
—

          Total Loans
 
$
1,013,306

 
$
3,323

 
$
5,521

 
$
10,020

 
$
18,864

 
$
1,032,170

 
$
9,405

 
$
848
Allowance Activity
Activity in the allowance is presented for the periods indicated:

(Dollars in thousands)
 
Commercial
 
Residential
 
Home Equity
 
Consumer
 
Total
ALL balance at December 31, 2015
 
$
6,066

 
$
1,095

 
$
715

 
$
130

 
$
8,006

     Charge-offs
 
(1,995
)
 
(124
)
 
(100
)
 
(338
)
 
(2,557
)
     Recoveries
 
9

 
2

 
9

 
1

 
21

     Provision
 
3,101

 
17

 
104

 
409

 
3,631

ALL balance at December 31, 2016
 
$
7,181

 
$
990

 
$
728

 
$
202

 
$
9,101

Individually evaluated for impairment
 
$
376

 
$
122

 
$
36

 
$
9

 
$
543

Collectively evaluated for impairment
 
$
6,805

 
$
868

 
$
692

 
$
193

 
$
8,558

(Dollars in thousands)
 
Commercial
 
Residential
 
Home Equity
 
Consumer
 
Total
ALL balance at December 31, 2014
 
$
4,363

 
$
962

 
$
691

 
$
207

 
$
6,223

     Charge-offs
 
(708
)
 
(28
)
 
(5
)
 
(6
)
 
(747
)
     Recoveries
 
20

 
2

 
4

 
11

 
37

     Provision
 
2,391

 
159

 
25

 
(82
)
 
2,493

ALL balance at December 31, 2015
 
$
6,066

 
$
1,095

 
$
715

 
$
130

 
$
8,006

Individually evaluated for impairment
 
$
708

 
$
276

 
$
28

 
$
1

 
$
1,013

Collectively evaluated for impairment
 
$
5,358

 
$
819

 
$
687

 
$
129

 
$
6,993


(Dollars in thousands)
 
Commercial
 
Residential
 
Home Equity
 
Consumer
 
Total
ALL balance at December 31, 2013
 
$
3,609

 
$
519

 
$
554

 
$
253

 
$
4,935

     Charge-offs
 
(1,110
)
 
(130
)
 
—

 
(68
)
 
(1,308
)
     Recoveries
 
7

 
—

 
3

 
4

 
14

     Provision
 
1,857

 
573

 
134

 
18

 
2,582

ALL balance at December 31, 2014
 
$
4,363

 
$
962

 
$
691

 
$
207

 
$
6,223

Individually evaluated for impairment
 
$
362

 
$
298

 
$
28

 
$
2

 
$
690

Collectively evaluated for impairment
 
$
4,001

 
$
664

 
$
663

 
$
205

 
$
5,533
Loans Identified as Troubled Debt Restructuring
The following table presents details related to loans identified as Troubled Debt Restructurings during the years ended December 31, 2016 and 2015.

 
 
New TDR's 1
 
 
December 31, 2016
 
December 31, 2015
(Dollars in thousands)
 
Number of Contracts
 
Pre-Modification Outstanding Recorded Investment
 
Post-Modification Outstanding Recorded Investment
 
Number of Contracts
 
Pre-Modification Outstanding Recorded Investment
 
Post-Modification Outstanding Recorded Investment
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
     Commercial Business
 
—

 
$
—

 
$
—

 
—

 
$
—

 
$
—

     Commercial Real Estate
 
—

 
—

 
—

 
1

 
1,076

 
1,076

     Acquisition & Development
 
—

 
—

 
—

 
—

 
—

 
—

          Total Commercial
 
—

 
—

 
—

 
1

 
1,076

 
1,076

Residential
 
—

 
—

 
—

 
1

 
90

 
90

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
—

 
—

 
—

 
—

 
—

 
—

          Total
 
—

 
$
—

 
$
—

 
2

 
$
1,166

 
$
1,166