XML 31 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
Loans and allowance for credit losses (Tables)
 9 Months Ended
Sep. 30, 2013
Receivables [Abstract]  
Schedule of Financing Receivables [Table Text Block]
The following table provides information about the principal classes of the loan portfolio at September 30, 2013 and December 31, 2012.
 
 
 
September 30,  
 
December 31,
 
(Dollars in thousands)
 
2013
 
2012
 
Construction
 
$
68,971
 
$
108,051
 
Residential real estate
 
 
280,153
 
 
288,011
 
Commercial real estate
 
 
303,154
 
 
314,941
 
Commercial
 
 
55,101
 
 
60,786
 
Consumer
 
 
11,248
 
 
13,293
 
Total loans
 
 
718,627
 
 
785,082
 
Allowance for credit losses
 
 
(11,301)
 
 
(15,991)
 
Total loans, net
 
$
707,326
 
$
769,091
 
Allowance for Credit Losses on Loans Receivables Additional Information [Table Text Block]
The following tables include impairment information relating to loans and the allowance for credit losses as of September 30, 2013 and December 31, 2012.
 
(Dollars in thousands)
 
Construction
 
Residential
real estate
 
Commercial
real estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
 
$
9,938
 
$
22,171
 
$
14,919
 
$
952
 
$
80
 
$
-
 
$
48,060
 
Loans collectively evaluated for impairment
 
 
59,033
 
 
257,982
 
 
288,235
 
 
54,149
 
 
11,168
 
 
-
 
 
670,567
 
Total loans
 
$
68,971
 
$
280,153
 
$
303,154
 
$
55,101
 
$
11,248
 
$
-
 
$
718,627
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for credit losses allocated to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
 
$
422
 
$
924
 
$
455
 
$
305
 
$
61
 
$
-
 
$
2,167
 
Loans collectively evaluated for impairment
 
 
1,568
 
 
2,806
 
 
3,113
 
 
967
 
 
209
 
 
471
 
 
9,134
 
Total allowance for credit losses
 
$
1,990
 
$
3,730
 
$
3,568
 
$
1,272
 
$
270
 
$
471
 
$
11,301
 
 
(Dollars in thousands)
 
Construction
 
Residential
real estate
 
Commercial
real estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
 
$
37,029
 
$
18,549
 
$
32,447
 
$
715
 
$
87
 
$
-
 
$
88,827
 
Loans collectively evaluated for impairment
 
 
71,022
 
 
269,462
 
 
282,494
 
 
60,071
 
 
13,206
 
 
-
 
 
696,255
 
Total loans
 
$
108,051
 
$
288,011
 
$
314,941
 
$
60,786
 
$
13,293
 
$
-
 
$
785,082
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for credit losses allocated to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
 
$
941
 
$
598
 
$
614
 
$
-
 
$
48
 
$
-
 
$
2,201
 
Loans collectively evaluated for impairment
 
 
3,446
 
 
4,596
 
 
3,520
 
 
1,682
 
 
359
 
 
187
 
 
13,790
 
Total allowance for credit losses
 
$
4,387
 
$
5,194
 
$
4,134
 
$
1,682
 
$
407
 
$
187
 
$
15,991
 
Impaired Financing Receivables [Table Text Block]
The following tables provide information on impaired loans and any related allowance by loan class as of September 30, 2013 and December 31, 2012. The difference between the unpaid principal balance and the recorded investment is the amount of partial charge-offs that have been taken.
 
(Dollars in thousands)
 
Unpaid
principal
balance
 
Recorded
investment
with no
allowance
 
Recorded
investment
with an
allowance
 
Related
allowance
 
Quarter-to-
date average
recorded
investment
 
Year-to-date
average
recorded
investment
 
September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired nonaccrual loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
11,863
 
$
6,582
 
$
1,457
 
$
421
 
$
9,672
 
$
8,654
 
Residential real estate
 
 
7,486
 
 
4,082
 
 
1,323
 
 
309
 
 
10,825
 
 
10,921
 
Commercial real estate
 
 
6,287
 
 
1,825
 
 
1,517
 
 
255
 
 
7,607
 
 
9,905
 
Commercial
 
 
1,678
 
 
546
 
 
122
 
 
122
 
 
656
 
 
595
 
Consumer
 
 
54
 
 
19
 
 
28
 
 
28
 
 
43
 
 
44
 
Total
 
 
27,368
 
 
13,054
 
 
4,447
 
 
1,135
 
 
28,803
 
 
30,119
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired accruing restructured loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
1,899
 
 
1,804
 
 
95
 
 
1
 
 
14,462
 
 
20,834
 
Residential real estate
 
 
16,735
 
 
14,347
 
 
2,388
 
 
584
 
 
11,290
 
 
9,225
 
Commercial real estate
 
 
10,704
 
 
9,439
 
 
1,265
 
 
92
 
 
12,849
 
 
15,331
 
Commercial
 
 
101
 
 
101
 
 
-
 
 
-
 
 
105
 
 
112
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total
 
 
29,439
 
 
25,691
 
 
3,748
 
 
677
 
 
38,706
 
 
45,502
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired adversely rated loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Residential real estate
 
 
31
 
 
-
 
 
31
 
 
31
 
 
16
 
 
8
 
Commercial real estate
 
 
873
 
 
-
 
 
873
 
 
108
 
 
437
 
 
218
 
Commercial
 
 
183
 
 
-
 
 
183
 
 
183
 
 
92
 
 
46
 
Consumer
 
 
33
 
 
-
 
 
33
 
 
33
 
 
17
 
 
8
 
Total
 
 
1,120
 
 
-
 
 
1,120
 
 
355
 
 
562
 
 
280
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total impaired loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
13,762
 
 
8,386
 
 
1,552
 
 
422
 
 
24,134
 
 
29,488
 
Residential real estate
 
 
24,252
 
 
18,429
 
 
3,742
 
 
924
 
 
22,131
 
 
20,154
 
Commercial real estate
 
 
17,864
 
 
11,264
 
 
3,655
 
 
455
 
 
20,893
 
 
25,454
 
Commercial
 
 
1,962
 
 
647
 
 
305
 
 
305
 
 
853
 
 
753
 
Consumer
 
 
87
 
 
19
 
 
61
 
 
61
 
 
60
 
 
52
 
Total
 
$
57,927
 
$
38,745
 
$
9,315
 
$
2,167
 
$
68,071
 
$
75,901
 
 
(Dollars in thousands)
 
Unpaid
principal
balance
 
Recorded
investment
with no
allowance
 
Recorded
investment with an
allowance
 
Related
allowance
 
Quarter-to-
date average 
recorded
investment
 
Year-to-date
average
recorded
investment
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired nonaccrual loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
14,288
 
$
3,371
 
$
6,323
 
$
941
 
$
10,600
 
$
12,428
 
Residential real estate
 
 
17,975
 
 
9,469
 
 
2,063
 
 
598
 
 
13,294
 
 
17,472
 
Commercial real estate
 
 
19,515
 
 
11,838
 
 
2,729
 
 
614
 
 
13,554
 
 
12,975
 
Commercial
 
 
1,556
 
 
594
 
 
-
 
 
-
 
 
1,126
 
 
1,538
 
Consumer
 
 
92
 
 
39
 
 
48
 
 
48
 
 
50
 
 
55
 
Total
 
 
53,426
 
 
25,311
 
 
11,163
 
 
2,201
 
 
38,624
 
 
44,468
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired accruing restructured loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
27,335
 
 
27,335
 
 
-
 
 
-
 
 
27,907
 
 
21,193
 
Residential real estate
 
 
7,017
 
 
7,017
 
 
-
 
 
-
 
 
6,124
 
 
5,064
 
Commercial real estate
 
 
17,880
 
 
17,880
 
 
-
 
 
-
 
 
17,433
 
 
16,252
 
Commercial
 
 
121
 
 
121
 
 
-
 
 
-
 
 
105
 
 
87
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total
 
 
52,353
 
 
52,353
 
 
-
 
 
-
 
 
51,569
 
 
42,596
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired adversely rated loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Residential real estate
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Commercial real estate
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Commercial
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total impaired loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
41,623
 
 
30,706
 
 
6,323
 
 
941
 
 
38,507
 
 
33,621
 
Residential real estate
 
 
24,992
 
 
16,486
 
 
2,063
 
 
598
 
 
19,418
 
 
22,536
 
Commercial real estate
 
 
37,395
 
 
29,718
 
 
2,729
 
 
614
 
 
30,987
 
 
29,227
 
Commercial
 
 
1,677
 
 
715
 
 
-
 
 
-
 
 
1,231
 
 
1,625
 
Consumer
 
 
92
 
 
39
 
 
48
 
 
48
 
 
50
 
 
55
 
Total
 
$
105,779
 
$
77,664
 
$
11,163
 
$
2,201
 
$
90,193
 
$
87,064
 
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
The following tables provide information on loans that were modified and considered TDRs during the nine months ended September 30, 2013 and September 30, 2012.
 
(Dollars in thousands)
 
Number of
contracts
 
Premodification
outstanding
recorded
investment
 
Postmodification
outstanding 
recorded 
investment
 
Related allowance
 
TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
 
For the nine months ended
    September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
3
 
$
218
 
$
218
 
$
-
 
Residential real estate
 
 
6
 
 
11,758
 
 
11,772
 
 
38
 
Commercial real estate
 
 
4
 
 
2,212
 
 
2,211
 
 
82
 
Commercial
 
 
-
 
 
-
 
 
-
 
 
-
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
Total
 
 
13
 
$
14,188
 
$
14,201
 
$
120
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the nine months ended
    September 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
12
 
$
17,347
 
$
17,361
 
$
-
 
Residential real estate
 
 
11
 
 
3,382
 
 
3,044
 
 
-
 
Commercial real estate
 
 
7
 
 
7,270
 
 
7,429
 
 
-
 
Commercial
 
 
1
 
 
24
 
 
24
 
 
-
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
Total
 
 
31
 
$
28,023
 
$
27,858
 
$
-
 
Troubled Debt Restructurings that Defaulted on Financing Receivables [Table Text Block]
The following tables provide information on TDRs that defaulted during the nine months ended September 30, 2013 and September 30, 2012. Generally, a loan is considered in default when principal or interest is past due 90 days or more.
 
(Dollars in thousands)
 
Number of
contracts
 
 
Recorded
investment
 
 
Related allowance
 
TDRs that subsequently defaulted (1):
 
 
 
 
 
 
 
 
 
For the nine months ended
    September 30, 2013
 
 
 
 
 
 
 
 
 
Construction
 
-
 
$
-
 
$
-
 
Residential real estate
 
4
 
 
1,563
 
 
-
 
Commercial real estate
 
1
 
 
1,741
 
 
74
 
Commercial
 
-
 
 
-
 
 
-
 
Consumer
 
-
 
 
-
 
 
-
 
Total
 
5
 
$
3,304
 
$
74
 
 
 
 
 
 
 
 
 
 
 
TDRs that subsequently defaulted (2):
 
 
 
 
 
 
 
 
 
For the nine months ended
    September 30, 2012
 
 
 
 
 
 
 
 
 
Construction
 
1
 
$
666
 
$
-
 
Residential real estate
 
3
 
 
913
 
 
-
 
Commercial real estate
 
-
 
 
-
 
 
-
 
Commercial
 
-
 
 
-
 
 
-
 
Consumer
 
-
 
 
-
 
 
-
 
Total
 
4
 
$
1,579
 
$
-
 
 
(1) These loans were classified as TDRs during 2012.
(2) These loans were classified as TDRs during 2011.
Financing Receivable Credit Quality Indicators [Table Text Block]
The following tables provide information on loan risk ratings as of September 30, 2013 and December 31, 2012.
 
(Dollars in thousands)
 
Pass/Performing
 
Special
mention
 
Substandard
 
Doubtful
 
Nonaccrual
 
Total
 
September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
38,481
 
$
15,369
 
$
7,082
 
$
-
 
$
8,039
 
$
68,971
 
Residential real estate
 
 
238,293
 
 
21,806
 
 
14,649
 
 
-
 
 
5,405
 
 
280,153
 
Commercial real estate
 
 
266,836
 
 
22,813
 
 
10,163
 
 
-
 
 
3,342
 
 
303,154
 
Commercial
 
 
50,313
 
 
3,406
 
 
714
 
 
-
 
 
668
 
 
55,101
 
Consumer
 
 
10,995
 
 
206
 
 
-
 
 
-
 
 
47
 
 
11,248
 
Total
 
$
604,918
 
$
63,600
 
$
32,608
 
$
-
 
$
17,501
 
$
718,627
 
   
(Dollars in thousands)
 
Pass/Performing
 
Special
mention
 
Substandard
 
Doubtful
 
Nonaccrual
 
Total
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
45,385
 
$
30,817
 
$
22,155
 
$
-
 
$
9,694
 
$
108,051
 
Residential real estate
 
 
237,299
 
 
23,657
 
 
15,090
 
 
433
 
 
11,532
 
 
288,011
 
Commercial real estate
 
 
257,418
 
 
21,554
 
 
21,402
 
 
-
 
 
14,567
 
 
314,941
 
Commercial
 
 
55,432
 
 
3,062
 
 
1,639
 
 
59
 
 
594
 
 
60,786
 
Consumer
 
 
13,147
 
 
-
 
 
59
 
 
-
 
 
87
 
 
13,293
 
Total
 
$
608,681
 
$
79,090
 
$
60,345
 
$
492
 
$
36,474
 
$
785,082
 
Past Due Financing Receivables [Table Text Block]
The following tables provide information on the aging of the loan portfolio as of September 30, 2013 and December 31, 2012.
 
 
Accruing
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
 
Current
 
 
30-59
days
past due
 
 
60-89
days past
due
 
 
90 days
or more
past due
 
Total past
due
 
 
Nonaccrual
 
 
Total
 
September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
60,932
 
 
$
-
 
 
$
-
 
 
$
-
 
$
-
 
 
$
8,039
 
 
$
68,971
 
Residential real estate
 
 
272,819
 
 
 
1,554
 
 
 
375
 
 
 
-
 
 
1,929
 
 
 
5,405
 
 
 
280,153
 
Commercial real estate
 
 
297,841
 
 
 
-
 
 
 
1,971
 
 
 
-
 
 
1,971
 
 
 
3,342
 
 
 
303,154
 
Commercial
 
 
54,164
 
 
 
248
 
 
 
21
 
 
 
-
 
 
269
 
 
 
668
 
 
 
55,101
 
Consumer
 
 
11,099
 
 
 
48
 
 
 
45
 
 
 
9
 
 
102
 
 
 
47
 
 
 
11,248
 
Total
 
$
696,855
 
 
$
1,850
 
 
$
2,412
 
 
$
9
 
$
4,271
 
 
$
17,501
 
 
$
718,627
 
Percent of total loans
 
 
97.0
%
 
 
0.3
%
 
 
0.3
%
 
 
-
 
 
0.6
%
 
 
2.4
%
 
 
 
 
 
 
 
Accruing
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
 
Current
 
 
30-59
days
past due
 
 
60-89
days past
due
 
 
90 days
or more
past due
 
 
Total past
due
 
 
Nonaccrual
 
 
Total
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
98,221
 
 
$
136
 
 
$
-
 
 
$
-
 
 
$
136
 
 
$
9,694
 
 
$
108,051
 
Residential real estate
 
 
272,311
 
 
 
3,116
 
 
 
762
 
 
 
290
 
 
 
4,168
 
 
 
11,532
 
 
 
288,011
 
Commercial real estate
 
 
298,522
 
 
 
887
 
 
 
800
 
 
 
165
 
 
 
1,852
 
 
 
14,567
 
 
 
314,941
 
Commercial
 
 
59,746
 
 
 
380
 
 
 
66
 
 
 
-
 
 
 
446
 
 
 
594
 
 
 
60,786
 
Consumer
 
 
13,125
 
 
 
57
 
 
 
19
 
 
 
5
 
 
 
81
 
 
 
87
 
 
 
13,293
 
Total
 
$
741,925
 
 
$
4,576
 
 
$
1,647
 
 
$
460
 
 
$
6,683
 
 
$
36,474
 
 
$
785,082
 
Percent of total loans
 
 
94.5
%
 
 
0.6
%
 
 
0.2
%
 
 
0.1
%
 
 
0.9
%
 
 
4.6
%
 
 
 
 
Allowance for Credit Losses on Financing Receivables [Table Text Block]
The following tables provide a summary of the activity in the allowance for credit losses allocated by loan class for the three months ended September 30, 2013 and 2012. Allocation of a portion of the allowance to one loan class does not preclude its availability to absorb losses in other loan classes.
 
(Dollars in thousands)
 
Construction
 
Residential
real estate
 
Commercial
real estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
For the three months ended
    September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
4,346
 
$
4,259
 
$
5,514
 
$
1,216
 
$
301
 
$
87
 
$
15,723
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Charge-offs
 
 
(18,539)
 
 
(4,225)
 
 
(4,056)
 
 
(196)
 
 
(3)
 
 
-
 
 
(27,019)
 
Recoveries
 
 
3
 
 
51
 
 
20
 
 
47
 
 
16
 
 
-
 
 
137
 
Net charge-offs
 
 
(18,536)
 
 
(4,174)
 
 
(4,036)
 
 
(149)
 
 
13
 
 
-
 
 
(26,882)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Provision
 
 
16,180
 
 
3,645
 
 
2,090
 
 
205
 
 
(44)
 
 
384
 
 
22,460
 
Ending balance
 
$
1,990
 
$
3,730
 
$
3,568
 
$
1,272
 
$
270
 
$
471
 
$
11,301
 
 
(Dollars in thousands)
 
Construction
 
Residential
real estate
 
Commercial
real estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
For the three months ended
    September 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
2,845
 
$
4,237
 
$
3,952
 
$
1,063
 
$
304
 
$
408
 
$
12,990
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Charge-offs
 
 
(3,222)
 
 
(2,323)
 
 
(742)
 
 
(73)
 
 
(31)
 
 
-
 
 
(6,391)
 
Recoveries
 
 
5
 
 
5
 
 
116
 
 
22
 
 
8
 
 
-
 
 
156
 
Net charge-offs
 
 
(3,217)
 
 
(2,318)
 
 
(626)
 
 
(51)
 
 
(23)
 
 
-
 
 
(6,235)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Provision
 
 
3,699
 
 
2,268
 
 
275
 
 
524
 
 
(158)
 
 
(408)
 
 
6,200
 
Ending balance
 
$
3,327
 
$
4,187
 
$
3,601
 
$
1,536
 
$
304
 
$
-
 
$
12,955
 
 
The following tables provide a summary of the activity in the allowance for credit losses allocated by loan class for the nine months ended September 30, 2013 and 2012.
 
(Dollars in thousands)
 
Construction
 
Residential
real estate
 
Commercial
real estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
For the nine months ended
    September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
4,387
 
$
5,194
 
$
4,134
 
$
1,682
 
$
407
 
$
187
 
$
15,991
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Charge-offs
 
 
(20,048)
 
 
(6,114)
 
 
(6,003)
 
 
(419)
 
 
(65)
 
 
-
 
 
(32,649)
 
Recoveries
 
 
5
 
 
349
 
 
113
 
 
149
 
 
33
 
 
-
 
 
649
 
Net charge-offs
 
 
(20,043)
 
 
(5,765)
 
 
(5,890)
 
 
(270)
 
 
(32)
 
 
-
 
 
(32,000)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Provision
 
 
17,646
 
 
4,301
 
 
5,324
 
 
(140)
 
 
(105)
 
 
284
 
 
27,310
 
Ending balance
 
$
1,990
 
$
3,730
 
$
3,568
 
$
1,272
 
$
270
 
$
471
 
$
11,301
 
 
(Dollars in thousands)
 
Construction
 
Residential
real estate
 
Commercial
real estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
For the nine months ended
    September 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
3,745
 
$
5,014
 
$
3,415
 
$
1,498
 
$
594
 
$
22
 
$
14,288
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Charge-offs
 
 
(5,008)
 
 
(7,996)
 
 
(2,177)
 
 
(4,513)
 
 
(208)
 
 
-
 
 
(19,902)
 
Recoveries
 
 
5
 
 
99
 
 
123
 
 
230
 
 
17
 
 
-
 
 
474
 
Net charge-offs
 
 
(5,003)
 
 
(7,897)
 
 
(2,054)
 
 
(4,283)
 
 
(191)
 
 
-
 
 
(19,428)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Provision
 
 
4,585
 
 
7,070
 
 
2,240
 
 
4,321
 
 
(99)
 
 
(22)
 
 
18,095
 
Ending balance
 
$
3,327
 
$
4,187
 
$
3,601
 
$
1,536
 
$
304
 
$
-
 
$
12,955