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Allowance For Loan Losses And Credit Quality Of Financing Receivables (Tables)
 3 Months Ended
Mar. 31, 2017
Receivables [Abstract]  
Changes in the Allowance for Loan Losses
The following table presents changes in the allowance for loan losses disaggregated by the class of loans receivable for the three ended March 31, 2017 and 2016:  
໿
໿
(Dollars in thousands)
Commercial
and
Industrial
 
Construction
 
Commercial
Real
Estate
 
Residential
Real
Estate
 
Consumer
and
Other
 
Unallocated
 
Total
Three Months Ended:
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
110

 
$
359

 
$
3,932

 
$
899

 
$
19

 
$
1,377

 
$
6,696

Charge-offs
(13
)
 
—

 
(266
)
 
(34
)
 
(5
)
 
—

 
(318
)
Recoveries
—

 
—

 
2

 
8

 
2

 
—

 
12

Provision
(5
)
 
66

 
357

 
52

 
1

 
(64
)
 
407

Ending balance
$
92

 
$
425

 
$
4,025

 
$
925

 
$
17

 
$
1,313

 
$
6,797

 
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
85

 
$
220

 
$
3,646

 
$
784

 
$
87

 
$
768

 
$
5,590

Charge-offs
—

 
—

 
—

 
(9
)
 
(19
)
 
—

 
(28
)
Recoveries
7

 
—

 
31

 
—

 
1

 
—

 
39

Provision
6

 
47

 
170

 
133

 
52

 
(197
)
 
211

Ending balance
$
98

 
$
267

 
$
3,847

 
$
908

 
$
121

 
$
571

 
$
5,812
Allowances of Loan Losses and Loans Receivable by Class Disaggregated
The following table presents the balance of the allowance of loan losses and loans receivable by class at March 31, 2017 and December 31, 2016 disaggregated on the basis of our impairment methodology.
໿
໿

Allowance for Loan Losses
 
Loans Receivable
(Dollars in thousands)
Balance
 
Balance
Loans
Individually
Evaluated for
Impairment
 
Balance
Related to
Loans
Collectively
Evaluated for
Impairment
 
Balance
 
Individually
Evaluated for
Impairment
 
Collectively
Evaluated for
Impairment
March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
92

 
$
—

 
$
92

 
$
35,906

 
$
19

 
$
35,887

Construction
425

 
—

 
425

 
35,662

 
—

 
35,662

Commercial real estate
4,025

 
31

 
3,994

 
485,617

 
4,302

 
481,315

Residential real estate
925

 
7

 
918

 
161,543

 
1,714

 
159,829

Consumer and other loans
17

 
—

 
17

 
962

 
—

 
962

Unallocated
1,313

 
—

 
—

 
—

 
—

 
—

Total
$
6,797

 
$
38

 
$
5,446

 
$
719,690

 
$
6,035

 
$
713,655

December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
110

 
$
14

 
$
96

 
$
40,280

 
$
33

 
$
40,247

Construction
359

 
—

 
359

 
25,360

 
—

 
25,360

Commercial real estate
3,932

 
135

 
3,797

 
479,227

 
4,597

 
474,630

Residential real estate
899

 
6

 
893

 
150,237

 
1,967

 
148,270

Consumer and other loans
19

 
—

 
19

 
1,038

 
—

 
1,038

Unallocated
1,377

 
—

 
—

 
—

 
—

 
—

Total
$
6,696

 
$
155

 
$
5,164

 
$
696,142

 
$
6,597

 
$
689,545
An Age Analysis of Loans Receivable
An age analysis of loans receivable, which were past due as of March 31, 2017 and December 31, 2016, is as follows:
໿
(Dollars in thousands)
30-59 Days
Past Due
 
60-89 days
Past Due
 
Greater
Than
90 Days (a)
 
Total Past
Due
 
Current
 
Total
Financing
Receivables
 
Recorded
Investment
> 90 Days
and
Accruing
March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
—

 
$
—

 
$
123

 
$
123

 
$
35,783

 
$
35,906

 
$
104

Construction
—

 
—

 
—

 
—

 
35,662

 
35,662

 
—

Commercial real estate
1,233

 
105

 
3,843

 
5,181

 
480,436

 
485,617

 
—

Residential real estate
823

 
—

 
1,586

 
2,409

 
159,134

 
161,543

 
—

Consumer and other
5

 
—

 
—

 
5

 
957

 
962

 
—

Total
$
2,061

 
$
105

 
$
5,552

 
$
7,718

 
$
711,972

 
$
719,690

 
$
104

December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
—

 
$
—

 
$
137

 
$
137

 
$
40,143

 
$
40,280

 
$
104

Construction
—

 
—

 
309

 
309

 
25,051

 
25,360

 
309

Commercial real estate
84

 
719

 
4,103

 
4,906

 
474,321

 
479,227

 
55

Residential real estate
786

 
247

 
1,752

 
2,785

 
147,452

 
150,237

 
—

Consumer and other
4

 
—

 
—

 
4

 
1,034

 
1,038

 
—

Total
$
874

 
$
966

 
$
6,301

 
$
8,141

 
$
688,001

 
$
696,142

 
$
468

(a) includes loans greater than 90 days past due and still accruing and non-accrual loans.
Loans Which the Accrual of Interest has been Discontinued
Loans for which the accrual of interest has been discontinued at March 31, 2017 and December 31, 2016 were: 
໿
(Dollars in thousands)
March 31, 2017
 
December 31, 2016
Commercial and industrial
$
19

 
$
33

Commercial real estate
3,843

 
4,048

Residential real estate
1,586

 
1,752

Total
$
5,448

 
$
5,833
Credit Risk Profile by Creditworthiness
The following tables illustrate our corporate credit risk profile by creditworthiness category as of March 31, 2017 and December 31, 2016: ໿
໿
(Dollars in thousands)
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Total
March 31, 2017
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
35,783

 
$
104

 
$
—

 
$
19

 
$
35,906

Construction
35,662

 
—

 
—

 
—

 
35,662

Commercial real estate
470,313

 
6,531

 
8,773

 
—

 
485,617

Residential real estate
159,075

 
473

 
1,995

 
—

 
161,543

Consumer and other
962

 
—

 
—

 
—

 
962


$
701,795

 
$
7,108

 
$
10,768

 
$
19

 
$
719,690

December 31, 2016
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
40,247

 
$
—

 
$
33

 
$
—

 
$
40,280

Construction
25,360

 
—

 
—

 
—

 
25,360

Commercial real estate
463,889

 
7,461

 
7,877

 
—

 
479,227

Residential real estate
147,526

 
584

 
2,127

 
—

 
150,237

Consumer and other
1,038

 
—

 
—

 
—

 
1,038


$
678,060

 
$
8,045

 
$
10,037

 
$
—

 
$
696,142
Impaired Loans
The following table reflects information about our impaired loans by class as of March 31, 2017 and December 31, 2016:

March 31, 2017
 
December 31, 2016
(Dollars in thousands)
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance

 
 
 
 
 
 
 
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
19

 
$
19

 
$
—

 
$
19

 
$
19

 
$
—

Commercial real estate
2,292

 
2,292

 
—

 
2,324

 
2,324

 
—

Residential real estate
1,446

 
1,446

 
—

 
1,604

 
1,629

 
—

With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
—

 
—

 
—

 
14

 
14

 
14

Commercial real estate
2,010

 
2,270

 
31

 
2,273

 
2,364

 
135

Residential real estate
268

 
307

 
7

 
363

 
363

 
6

Total:
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
19

 
19

 
—

 
33

 
33

 
14

Commercial real estate
4,302

 
4,562

 
31

 
4,597

 
4,688

 
135

Residential real estate
1,714

 
1,753

 
7

 
1,967

 
1,992

 
6


$
6,035

 
$
6,334

 
$
38

 
$
6,597

 
$
6,713

 
$
155


໿
The following table presents the average recorded investment and income recognized for the three ended March 31, 2017 and 2016:

For the Three Months Ended March 31, 2017
 
For the Three Months Ended March 31, 2016
(Dollars in thousands)
Average
Recorded
Investment
 
Interest
Income
Recognized
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
Commercial and industrial
$
19

 
$
—

 
$
20

 
$
—

Commercial real estate
2,308

 
—

 
2,446

 
8

Residential real estate
1,525

 
1

 
1,061

 
1

Total impaired loans without a related allowance
3,852

 
1

 
3,527

 
9


 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
 
Commercial and industrial
7

 
—

 
—

 
—

Commercial real estate
2,142

 
8

 
2,699

 
8

Residential real estate
316

 
—

 
379

 
—

Consumer and other
—

 
—

 
138

 
—

Total impaired loans with an allowance
2,465

 
8

 
3,216

 
8

Total impaired loans
$
6,317

 
$
9

 
$
6,743

 
$
17
Troubled Debt Restructured on Recorded Investment
The following table presents the recorded investment in troubled debt restructured loans, based on payment performance status:
(Dollars in thousands)
Commercial Real Estate
 
Residential Real Estate
 
Total

 
 
 
 
 
March 31, 2017
 
 
 
 
 
Performing
$
459

 
$
128

 
$
587

Non-performing
2,243

 
—

 
2,243

Total
$
2,702

 
$
128

 
$
2,830

December 31, 2016
 
 
 
 
 
Performing
$
550

 
$
129

 
$
679

Non-performing
2,258

 
—

 
2,258

Total
$
2,808

 
$
129

 
$
2,937