National Commerce Corp - 10-K filing on 2017-03-10

Note 4 - Loans (Tables)

12 Months Ended

Dec. 31, 2016

	December 31, 2016			December 31, 2015
Commercial, financial, and agricultural	$	170,985			196,732
Factored commercial receivables		83,901			67,628
Real estate - mortgage		1,056,214			881,556
Real estate - construction		155,813			152,862
Consumer		19,060			21,116
		1,485,973			1,319,894
Less: Unearned fees		(489	)		(480	)
Total loans		1,485,484			1,319,414
Allowance for loan losses		(12,113	)		(9,842	)
Total net loans	$	1,473,371			1,309,572

	Commercial,			Factored
	financial, and			commercial			Real estate -			Real estate -
Year ended December 31, 2016	agricultural			receivables			mortgage			construction			Consumer			Unallocated			Total
Balance, beginning of year	$	1,345			500			5,525			1,412			236			824			9,842
Provisions charged to operating expense		183			923			2,879			(52	)		139			(824	)		3,248
Loans charged off		(16	)		(2,331	)		(53	)		-			(197	)		-			(2,597	)
Recoveries		76			1,408			114			9			13			-			1,620
Balance, December 31, 2016	$	1,588			500			8,465			1,369			191			-			12,113

Ending balance, individually evaluated for impairment	$	-			-			-			-			-			-			-
Ending balance, collectively evaluated for impairment	$	1,588			500			8,465			1,369			191			-			12,113
Loans:
Individually evaluated for impairment	$	-			-			180			-			7			-			187
Collectively evaluated for impairment	$	170,773			83,901			1,047,187			155,583			18,835			-			1,476,279
Acquired loans with deteriorated credit quality	$	212			-			8,847			230			218			-			9,507

	Commercial,			Factored
	financial, and			commercial			Real estate -			Real estate -
Year ended December 31, 2015	agricultural			receivables			mortgage			construction		Consumer			Unallocated			Total
Balance, beginning of year	$	1,523			955			5,047			647		562			1,068			9,802
Provisions charged to operating expense		(226	)		(44	)		1,114			680		(167	)		(244	)		1,113
Loans charged off		(31	)		(2,316	)		(1,402	)		-		(164	)		-			(3,913	)
Recoveries		79			1,905			766			85		5			-			2,840
Balance, December 31, 2015	$	1,345			500			5,525			1,412		236			824			9,842

Ending balance, individually evaluated for impairment	$	-			-			-			-		-			-			-
Ending balance, collectively evaluated for impairment	$	1,345			500			5,525			1,412		236			824			9,842
Loans:
Individually evaluated for impairment	$	-			-			19			169		-			-			188
Collectively evaluated for impairment	$	196,270			67,628			872,265			152,254		20,846			-			1,309,263
Acquired loans with deteriorated credit quality	$	462			-			9,272			439		270			-			10,443

	Commercial,			Factored
	financial, and			commercial			Real estate -			Real estate -
Year ended December 31, 2014	agricultural			receivables			mortgage			construction			Consumer		Unallocated			Total
Balance, beginning of year	$	1,398			-			4,449			964			243		2,065			9,119
Provisions charged to operating expense		61			978			988			(350	)		298		(997	)		978
Loans charged off		(3	)		(656	)		(429	)		-			-		-			(1,088	)
Recoveries		67			633			39			33			21		-			793
Balance, December 31, 2014	$	1,523			955			5,047			647			562		1,068			9,802

Ending balance, individually evaluated for impairment	$	-			473			350			50			-		-			873
Ending balance, collectively evaluated for impairment	$	1,523			482			4,697			597			562		1,068			8,929
Loans:
Individually evaluated for impairment	$	-			1,605			2,078			198			-		-			3,881
Collectively evaluated for impairment	$	130,656			80,995			568,363			82,551			13,627		-			876,192
Acquired loans with deteriorated credit quality	$	1,001			-			6,827			914			335		-			9,077

			Unpaid				Average
	Recorded		Principal		Related		Recorded
December 31, 2016	Investment		Balance		Allowance		Investment
Impaired loans without related allowance:
Commercial, financial, and agricultural	$	-		-		-		-
Factored commercial receivables		-		-		-		-
Real estate - mortgage		180		213		-		168
Real estate - construction		-		-		-		97
Consumer		7		42		-		31
Total	$	187		255		-		296

Impaired loans with related allowance:
Commercial, financial, and agricultural	$	-		-		-		-
Factored commercial receivables		-		-		-		-
Real estate - mortgage		-		-		-		-
Real estate - construction		-		-		-		-
Consumer		-		-		-		-
Total	$	-		-		-		-

Total impaired loans:
Commercial, financial, and agricultural	$	-		-		-		-
Factored commercial receivables		-		-		-		-
Real estate - mortgage		180		213		-		168
Real estate - construction		-		-		-		97
Consumer		7		42		-		31
Total	$	187		255		-		296

			Unpaid				Average
	Recorded		Principal		Related		Recorded
December 31, 2015	Investment		Balance		Allowance		Investment
Impaired loans without related allowance:
Commercial, financial, and agricultural	$	-		-		-		-
Factored commercial receivables		-		-		-		-
Real estate - mortgage		19		55		-		1,523
Real estate - construction		169		178		-		105
Consumer		-		-		-		39
Total	$	188		233		-		1,667

Impaired loans with related allowance:
Commercial, financial, and agricultural	$	-		-		-		-
Factored commercial receivables		-		-		-		653
Real estate - mortgage		-		-		-		250
Real estate - construction		-		-		-		77
Consumer		-		-		-		-
Total	$	-		-		-		980

Total impaired loans:
Commercial, financial, and agricultural	$	-		-		-		-
Factored commercial receivables		-		-		-		653
Real estate - mortgage		19		55		-		1,773
Real estate - construction		169		178		-		182
Consumer		-		-		-		39
Total	$	188		233		-		2,647

	30-59 Days		60-89 Days		> 90 Days		Total
December 31, 2016	Past Due		Past Due		Past Due		Past Due		Current		Total		Non-accrual
Commercial, financial, and agricultural	$	13		-		-		13		170,972		170,985		-
Factored commercial receivables		5,947		1,383		581		7,911		75,990		83,901		-
Real estate - mortgage		440		392		2,075		2,907		1,053,307		1,056,214		2,718
Real estate - construction		-		-		-		-		155,813		155,813		98
Consumer		68		-		-		68		18,992		19,060		21
Total	$	6,468		1,775		2,656		10,899		1,475,074		1,485,973		2,837

	30-59 Days		60-89 Days		> 90 Days		Total
December 31, 2015	Past Due		Past Due		Past Due		Past Due		Current		Total		Non-accrual
Commercial, financial, and agricultural	$	21		-		-		21		196,711		196,732		-
Factored commercial receivables		5,762		1,595		252		7,609		60,019		67,628		-
Real estate - mortgage		1,707		760		911		3,378		878,178		881,556		3,300
Real estate - construction		59		88		-		147		152,715		152,862		283
Consumer		114		-		34		148		20,968		21,116		112
Total	$	7,663		2,443		1,197		11,303		1,308,591		1,319,894		3,695

December 31, 2016	Pass		OAEM		Substandard		Doubtful		Total
Commercial, financial, and agricultural	$	168,004		1,422		1,559		-		170,985
Factored commercial receivables		83,901		-		-		-		83,901
Real estate - mortgage		1,047,797		2,163		3,586		2,668		1,056,214
Real estate - construction		155,583		-		132		98		155,813
Consumer		18,499		26		514		21		19,060
Total	$	1,473,784		3,611		5,791		2,787		1,485,973

December 31, 2015	Pass		OAEM		Substandard		Doubtful		Total
Commercial, financial, and agricultural	$	193,176		1,509		2,047		-		196,732
Factored commercial receivables		67,628		-		-		-		67,628
Real estate - mortgage		870,617		2,756		4,882		3,301		881,556
Real estate - construction		152,255		-		324		283		152,862
Consumer		20,260		33		712		111		21,116
Total	$	1,303,936		4,298		7,965		3,695		1,319,894