Allowance For Loan Losses

12 Months Ended

Dec. 31, 2011

Allowance For Loan Losses [Abstract]

Allowance For Loan Losses

Note 5. Allowance for Loan Losses

The following tables detail activity in the allowance for loan losses, segregated by class of loan, for the nine-month periods ended December 31, 2011 and December 31, 2010. Allocation portion of the allowance to one category of loans does not preclude its activity to absorb losses in other loan categories and periodically may result in reallocation within the provision categories.

December 31, 2011 (In thousands)	Beginning Balance		Charge- Offs		Recoveries		Provision			Ending Balance
Commercial	$	79	$	80	$	1	$	35		$	35
Real Estate
Construction and land development		1,729		503		125		(108	)		1,243
Residential, 1-4 families		385		356		2		124			155
Residential, 5 or more families		—		—		—		—			—
Farmland		—		—		—		—			—
Nonfarm, nonresidential		710		—		4		541			1,255
Agriculture		3		—		—		—			3
Consumer		47		—		3		—			50
Other		120		—		6		—			126
	$	3,073	$	939	$	141	$	592		$	2,867

December 31, 2010 (In thousands)	Beginning Balance		Charge- Offs		Recoveries		Provision			Ending Balance
Commercial	$	127	$	19	$	4	$	(33	)	$	79
Real Estate
Construction and land development		1,435		—		—		294			1,729
Residential, 1-4 families		310		—		—		75			385
Residential, 5 or more families		—		—		—		—			—
Farmland		—		—		—		—			—
Nonfarm, nonresidential		682		243		—		325			710
Agriculture		3		—		—		—			3
Consumer		52		5		—		—			47
Other		115		—		5		—			120
	$	2,670	$	267	$	9	$	661		$	3,073

The following table indicates the allocation of the allowance for loan losses based on loans evaluated specifically for impairment and loans evaluated collectively for the years ended December 21, 2011 and 2010.

December 31, 2011 (In thousands)	Individually Evaluate for Impairment			Ending Balance Collectively Evaluated Impairment			Total
Commercial	$	12		$	23		$	35
Real Estate
Construction and land development		584			659			1,243
Residential, 1-4 families		73			82			155
Residential, 5 or more families		—			—			—
Farmland		—			—			—
Nonfarm, nonresidential		589			666			1,255
Agriculture		—			3			3
Consumer		—			50			50
Other		—			126			126
Ending balance of allowance for loan losses	$	1,258		$	1,609		$	2,867
Ending balance to total allowance ratio		43.88	%		56.12	%		100	%
December 31, 2010 (In thousands)
Commercial	$	17		$	62		$	79
Real Estate
Construction and land development		1,052			667			1,729
Residential, 1-4 families		197			188			385
Residential, 5 or more families		—			—			—
Farmland		—			—			—
Nonfarm, nonresidential		123			587			710
Agriculture		—			3			3
Consumer		—			47			47
Other		—			120			120
Ending Balance	$	1,389		$	1,684		$	3,073
Ending balance of allowance to total allowance		45.20	%		54.80	%		100	%