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LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)
 12 Months Ended
Dec. 31, 2014
Receivables [Abstract]  
Schedule of Financing Receivables [Table Text Block]
The following table provides information about the principal classes of the loan portfolio at December 31, 2014 and 2013.
 
(Dollars in thousands)
 
2014
 
2013
 
Construction
 
$
69,157
 
$
64,591
 
Residential real estate
 
 
273,336
 
 
274,857
 
Commercial real estate
 
 
305,788
 
 
304,605
 
Commercial
 
 
52,671
 
 
57,195
 
Consumer
 
 
9,794
 
 
10,671
 
Total loans
 
 
710,746
 
 
711,919
 
Allowance for credit losses
 
 
(7,695)
 
 
(10,725)
 
Total loans, net
 
$
703,051
 
$
701,194
 
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 December 31, 2014 and 2013.
 
 
 
 
 
Residential
 
Commercial
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
 
Construction
 
real estate
 
real estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
 
$
10,067
 
$
10,403
 
$
9,359
 
$
188
 
$
124
 
$
-
 
$
30,141
 
Loans collectively evaluated for impairment
 
 
59,090
 
 
262,933
 
 
296,429
 
 
52,483
 
 
9,670
 
 
-
 
 
680,605
 
Total loans
 
$
69,157
 
$
273,336
 
$
305,788
 
$
52,671
 
$
9,794
 
$
-
 
$
710,746
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for credit losses allocated to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
 
$
41
 
$
1,099
 
$
129
 
$
1
 
$
3
 
$
-
 
$
1,273
 
Loans collectively evaluated for impairment
 
 
1,262
 
 
1,735
 
 
2,250
 
 
447
 
 
226
 
 
502
 
 
6,422
 
Total allowance for credit losses
 
$
1,303
 
$
2,834
 
$
2,379
 
$
448
 
$
229
 
$
502
 
$
7,695
 
 
 
 
 
 
Residential
 
Commercial
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
 
Construction
 
real estate
 
real estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
 
$
5,569
 
$
19,748
 
$
14,462
 
$
887
 
$
48
 
$
-
 
$
40,714
 
Loans collectively evaluated for impairment
 
 
59,022
 
 
255,109
 
 
290,143
 
 
56,308
 
 
10,623
 
 
-
 
 
671,205
 
Total loans
 
$
64,591
 
$
274,857
 
$
304,605
 
$
57,195
 
$
10,671
 
$
-
 
$
711,919
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for credit losses allocated to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
 
$
204
 
$
285
 
$
44
 
$
245
 
$
5
 
$
-
 
$
783
 
Loans collectively evaluated for impairment
 
 
1,756
 
 
3,569
 
 
2,985
 
 
1,021
 
 
238
 
 
373
 
 
9,942
 
Total allowance for credit losses
 
$
1,960
 
$
3,854
 
$
3,029
 
$
1,266
 
$
243
 
$
373
 
$
10,725
 
Impaired Financing Receivables [Table Text Block]
The following tables provide information on impaired loans and any related allowance by loan class as of December 31, 2014 and 2013. The difference between the unpaid principal balance and the recorded investment is the amount of partial charge-offs that have been taken.
 
 
 
 
 
Recorded
 
Recorded
 
 
 
 
 
 
 
 
 
Unpaid
 
investment
 
investment
 
 
 
Average
 
Interest
 
 
 
principal
 
with no
 
with an
 
Related
 
recorded
 
income
 
(Dollars in thousands)
 
balance
 
allowance
 
allowance
 
allowance
 
investment
 
recognized
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired nonaccrual loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
9,277
 
$
6,045
 
$
-
 
$
-
 
$
7,739
 
$
-
 
Residential real estate
 
 
4,664
 
 
1,053
 
 
2,982
 
 
799
 
 
3,322
 
 
-
 
Commercial real estate
 
 
4,703
 
 
2,842
 
 
280
 
 
100
 
 
3,889
 
 
-
 
Commercial
 
 
1,372
 
 
136
 
 
5
 
 
1
 
 
437
 
 
-
 
Consumer
 
 
129
 
 
99
 
 
25
 
 
3
 
 
79
 
 
-
 
Total
 
 
20,145
 
 
10,175
 
 
3,292
 
 
903
 
 
15,466
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired accruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
4,022
 
 
3,196
 
 
826
 
 
41
 
 
2,743
 
 
68
 
Residential real estate
 
 
6,368
 
 
668
 
 
5,700
 
 
300
 
 
15,123
 
 
372
 
Commercial real estate
 
 
6,237
 
 
4,774
 
 
1,463
 
 
29
 
 
6,574
 
 
254
 
Commercial
 
 
47
 
 
47
 
 
-
 
 
-
 
 
55
 
 
2
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total
 
 
16,674
 
 
8,685
 
 
7,989
 
 
370
 
 
24,495
 
 
696
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total impaired loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
13,299
 
 
9,241
 
 
826
 
 
41
 
 
10,482
 
 
68
 
Residential real estate
 
 
11,032
 
 
1,721
 
 
8,682
 
 
1,099
 
 
18,445
 
 
372
 
Commercial real estate
 
 
10,940
 
 
7,616
 
 
1,743
 
 
129
 
 
10,463
 
 
254
 
Commercial
 
 
1,419
 
 
183
 
 
5
 
 
1
 
 
492
 
 
2
 
Consumer
 
 
129
 
 
99
 
 
25
 
 
3
 
 
79
 
 
-
 
Total
 
$
36,819
 
$
18,860
 
$
11,281
 
$
1,273
 
$
39,961
 
$
696
 
 
 
 
 
 
Recorded
 
Recorded
 
 
 
 
 
 
 
 
 
Unpaid
 
investment
 
investment
 
 
 
Average
 
Interest
 
 
 
principal
 
with no
 
with an
 
Related
 
recorded
 
income
 
(Dollars in thousands)
 
balance
 
allowance
 
allowance
 
allowance
 
investment
 
recognized
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired nonaccrual loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
6,787
 
$
3,709
 
$
240
 
$
203
 
$
7,270
 
$
-
 
Residential real estate
 
 
7,692
 
 
3,862
 
 
1,304
 
 
225
 
 
10,240
 
 
-
 
Commercial real estate
 
 
5,218
 
 
4,261
 
 
410
 
 
38
 
 
7,829
 
 
-
 
Commercial
 
 
1,801
 
 
547
 
 
245
 
 
245
 
 
619
 
 
-
 
Consumer
 
 
56
 
 
43
 
 
5
 
 
5
 
 
48
 
 
-
 
Total
 
 
21,554
 
 
12,422
 
 
2,204
 
 
716
 
 
26,006
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired accruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
1,620
 
 
1,527
 
 
93
 
 
1
 
 
14,405
 
 
-
 
Residential real estate
 
 
14,582
 
 
13,177
 
 
1,405
 
 
60
 
 
11,101
 
 
-
 
Commercial real estate
 
 
9,791
 
 
9,006
 
 
785
 
 
6
 
 
13,308
 
 
-
 
Commercial
 
 
95
 
 
95
 
 
-
 
 
-
 
 
105
 
 
-
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total
 
 
26,088
 
 
23,805
 
 
2,283
 
 
67
 
 
38,919
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total impaired loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
8,407
 
 
5,236
 
 
333
 
 
204
 
 
21,675
 
 
-
 
Residential real estate
 
 
22,274
 
 
17,039
 
 
2,709
 
 
285
 
 
21,341
 
 
-
 
Commercial real estate
 
 
15,009
 
 
13,267
 
 
1,195
 
 
44
 
 
21,137
 
 
-
 
Commercial
 
 
1,896
 
 
642
 
 
245
 
 
245
 
 
724
 
 
-
 
Consumer
 
 
56
 
 
43
 
 
5
 
 
5
 
 
48
 
 
-
 
Total
 
$
47,642
 
$
36,227
 
$
4,487
 
$
783
 
$
64,925
 
$
-
 
Schedule of Financing Receivables Accruing and Non Accrual of Troubled Debt restructurings [Table Text Block]
  The following tables provide a roll-forward for troubled debt restructurings as of December 31, 2014 and December 31, 2013.
 
 
 
12/31/13
 
 
 
 
 
 
 
Reclassification/
 
 
 
 
 
12/31/14
 
 
 
 
 
TDR
 
New
 
Disbursements
 
Charge
 
Transfers
 
Loan
 
 
 
TDR
 
Related
 
(Dollars in thousands)
 
Balance
 
TDRs
 
(Payments)
 
offs
 
In/(Out)
 
Sale
 
Payoffs
 
Balance
 
Allowance
 
For the year ended 12/31/2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accruing TDRs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
1,620
 
$
-
 
$
(186)
 
$
(538)
 
$
3,396
 
$
-
 
$
(270)
 
$
4,022
 
$
41
 
Residential Real Estate
 
 
14,582
 
 
-
 
 
(1,150)
 
 
(3,614)
 
 
(3,136)
 
 
-
 
 
(314)
 
 
6,368
 
 
300
 
Commercial Real Estate
 
 
9,791
 
 
-
 
 
(99)
 
 
(549)
 
 
(1,805)
 
 
-
 
 
(1,101)
 
 
6,237
 
 
29
 
Commercial
 
 
95
 
 
-
 
 
(24)
 
 
-
 
 
-
 
 
-
 
 
(24)
 
 
47
 
 
-
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total
 
$
26,088
 
$
-
 
$
(1,459)
 
$
(4,701)
 
$
(1,545)
 
$
-
 
$
(1,709)
 
$
16,674
 
$
370
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nonaccrual TDRs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
3,561
 
$
-
 
$
(12)
 
$
(235)
 
$
7
 
$
-
 
$
-
 
$
3,321
 
$
-
 
Residential Real Estate
 
 
1,884
 
 
-
 
 
(50)
 
 
(203)
 
 
1,874
 
 
-
 
 
(123)
 
 
3,382
 
 
724
 
Commercial Real Estate
 
 
842
 
 
-
 
 
(95)
 
 
(65)
 
 
(336)
 
 
-
 
 
-
 
 
346
 
 
100
 
Commercial
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Consumer
 
 
26
 
 
-
 
 
(1)
 
 
-
 
 
-
 
 
-
 
 
-
 
 
25
 
 
3
 
Total
 
$
6,313
 
$
-
 
$
(158)
 
$
(503)
 
$
1,545
 
$
-
 
$
(123)
 
$
7,074
 
$
827
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total TDRs
 
$
32,401
 
$
-
 
$
(1,617)
 
$
(5,204)
 
$
-
 
$
-
 
$
(1,832)
 
$
23,748
 
$
1,197
 
 
 
 
12/31/12
 
 
 
 
 
 
 
Reclassification/
 
 
 
 
 
12/31/13
 
 
 
 
 
TDR
 
New
 
Disbursements
 
 
 
Transfers
 
9/30/13
 
 
 
TDR
 
Related
 
(Dollars in thousands)
 
Balance
 
TDRs
 
(Payments)
 
Charge offs
 
In/(Out)
 
Loan Sale
 
Payoffs
 
Balance
 
Allowance
 
For the year ended 12/31/2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accruing TDRs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
27,335
 
$
95
 
$
228
 
$
(13,557)
 
$
(3,521)
 
$
(7,908)
 
$
(1,052)
 
$
1,620
 
$
1
 
Residential Real Estate
 
 
7,017
 
 
10,433
 
 
(86)
 
 
(632)
 
 
(1,755)
 
 
(395)
 
 
-
 
 
14,582
 
 
60
 
Commercial Real Estate
 
 
17,880
 
 
1,738
 
 
(39)
 
 
(2,108)
 
 
(410)
 
 
(7,162)
 
 
(108)
 
 
9,791
 
 
6
 
Commercial
 
 
121
 
 
-
 
 
(26)
 
 
-
 
 
-
 
 
-
 
 
-
 
 
95
 
 
-
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total
 
$
52,353
 
$
12,266
 
$
77
 
$
(16,297)
 
$
(5,686)
 
$
(15,465)
 
$
(1,160)
 
$
26,088
 
$
67
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nonaccrual TDRs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
1,448
 
$
-
 
$
(64)
 
$
(639)
 
$
3,521
 
$
(57)
 
$
(648)
 
$
3,561
 
$
25
 
Residential Real Estate
 
 
2,169
 
 
258
 
 
(90)
 
 
(1,253)
 
 
1,755
 
 
(759)
 
 
(196)
 
 
1,884
 
 
-
 
Commercial Real Estate
 
 
2,970
 
 
-
 
 
(281)
 
 
(866)
 
 
410
 
 
-
 
 
(1,391)
 
 
842
 
 
-
 
Commercial
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Consumer
 
 
27
 
 
-
 
 
(1)
 
 
-
 
 
-
 
 
-
 
 
-
 
 
26
 
 
26
 
Total
 
$
6,614
 
$
258
 
$
(436)
 
$
(2,758)
 
$
5,686
 
$
(816)
 
$
(2,235)
 
$
6,313
 
$
51
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total TDRs
 
$
58,967
 
$
12,524
 
$
(359)
 
$
(19,055)
 
$
-
 
$
(16,281)
 
$
(3,395)
 
$
32,401
 
$
118
 
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
The following tables provide information on loans that were modified and considered TDRs during 2014 and 2013.
 
 
 
 
Premodification
 
Postmodification
 
 
 
 
 
 
outstanding
 
outstanding
 
 
 
 
Number of
 
recorded
 
recorded
 
Related
 
(Dollars in thousands)
contracts
 
investment
 
investment
 
allowance
 
TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
 
For the year ended December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
-
 
$
-
 
$
-
 
$
-
 
Residential real estate
 
 
-
 
 
-
 
 
-
 
 
-
 
Commercial real estate
 
 
-
 
 
-
 
 
-
 
 
-
 
Commercial
 
 
-
 
 
-
 
 
-
 
 
-
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
Total
 
 
-
 
$
-
 
$
-
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the year ended December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
 
3
 
$
218
 
$
218
 
$
-
 
Residential real estate
 
 
7
 
 
12,485
 
 
12,494
 
 
38
 
Commercial real estate
 
 
4
 
 
2,212
 
 
2,211
 
 
82
 
Commercial
 
 
-
 
 
-
 
 
-
 
 
-
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
Total
 
 
14
 
$
14,915
 
$
14,923
 
$
120
 
Troubled Debt Restructurings that Defaulted on Financing Receivables [Table Text Block]
The following tables provide information on TDRs that defaulted during 2014 and 2013. Generally, a loan is considered in default when principal or interest is past due 90 days or more.
 
 
 
Number of
 
Recorded
 
Related
 
(Dollars in thousands)
 
contracts
 
investment
 
allowance
 
TDRs that subsequently defaulted:
 
 
 
 
 
 
 
 
 
For the year ended December 31, 2014
 
 
 
 
 
 
 
 
 
Construction
 
-
 
$
-
 
$
-
 
Residential real estate
 
-
 
 
-
 
 
-
 
Commercial real estate
 
-
 
 
-
 
 
-
 
Commercial
 
-
 
 
-
 
 
-
 
Consumer
 
-
 
 
-
 
 
-
 
Total
 
-
 
$
-
 
$
-
 
 
 
 
 
 
 
 
 
 
 
TDRs that subsequently defaulted (1):
 
 
 
 
 
 
 
 
 
For the year ended December 31, 2013
 
 
 
 
 
 
 
 
 
Construction
 
-
 
$
-
 
$
-
 
Residential real estate
 
6
 
 
1,918
 
 
-
 
Commercial real estate
 
2
 
 
2,151
 
 
74
 
Commercial
 
-
 
 
-
 
 
-
 
Consumer
 
-
 
 
-
 
 
-
 
Total
 
8
 
$
4,069
 
$
74
 
 
(1) These loans were classified as TDRs during 2012.
Financing Receivable Credit Quality Indicators [Table Text Block]
The following tables provide information on loan risk ratings as of December 31, 2014 and 2013.
 
 
 
 
 
Special
 
 
 
 
 
 
 
(Dollars in thousands)
 
Pass/Performing
 
mention
 
Substandard
 
Doubtful
 
Total
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
52,241
 
$
5,643
 
$
11,273
 
$
-
 
$
69,157
 
Residential real estate
 
 
252,643
 
 
6,675
 
 
14,018
 
 
-
 
 
273,336
 
Commercial real estate
 
 
275,573
 
 
20,040
 
 
10,175
 
 
-
 
 
305,788
 
Commercial
 
 
50,583
 
 
1,885
 
 
114
 
 
89
 
 
52,671
 
Consumer
 
 
9,658
 
 
13
 
 
123
 
 
-
 
 
9,794
 
Total
 
$
640,698
 
$
34,256
 
$
35,703
 
$
89
 
$
710,746
 
 
 
 
(Dollars in thousands)
 
Pass/Performing
 
Special
mention
 
Substandard
 
Doubtful
 
Total
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
39,268
 
$
15,884
 
$
9,439
 
$
-
 
$
64,591
 
Residential real estate
 
 
235,054
 
 
22,638
 
 
17,114
 
 
51
 
 
274,857
 
Commercial real estate
 
 
255,280
 
 
30,105
 
 
19,210
 
 
10
 
 
304,605
 
Commercial
 
 
52,032
 
 
3,691
 
 
972
 
 
500
 
 
57,195
 
Consumer
 
 
10,451
 
 
48
 
 
172
 
 
-
 
 
10,671
 
Total
 
$
592,085
 
$
72,366
 
$
46,907
 
$
561
 
$
711,919
 
Past Due Financing Receivables [Table Text Block]
The following tables provide information on the aging of the loan portfolio as of December 31, 2014 and 2013.
 
 
 
Accruing
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
 
Current
 
 
30-59
days
past due
 
 
60-89
days past
due
 
 
90 days
or more
past due
 
 
Total past
due
 
 
Non-
accrual
 
 
Total
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
61,325
 
 
$
1,786
 
 
$
-
 
 
$
-
 
 
$
1,786
 
 
$
6,046
 
 
$
69,157
 
Residential real estate
 
 
263,165
 
 
 
3,351
 
 
 
2,702
 
 
 
83
 
 
 
6,136
 
 
 
4,035
 
 
 
273,336
 
Commercial real estate
 
 
301,695
 
 
 
459
 
 
 
513
 
 
 
-
 
 
 
972
 
 
 
3,121
 
 
 
305,788
 
Commercial
 
 
52,352
 
 
 
47
 
 
 
131
 
 
 
-
 
 
 
178
 
 
 
141
 
 
 
52,671
 
Consumer
 
 
9,619
 
 
 
11
 
 
 
37
 
 
 
4
 
 
 
52
 
 
 
123
 
 
 
9,794
 
Total
 
$
688,156
 
 
$
5,654
 
 
$
3,383
 
 
$
87
 
 
$
9,124
 
 
$
13,466
 
 
$
710,746
 
Percent of total loans
 
 
96.8
%
 
 
0.8
%
 
 
0.5
%
 
 
-
%
 
 
1.3
%
 
 
1.9
%
 
 
 
 
 
 
 
Accruing
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
 
Current
 
 
30-59
days
past due
 
 
60-89
days
past due
 
 
90 days
or more
past due
 
 
Total past
due
 
 
Non-accrual
 
 
Total
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction
 
$
60,642
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
3,949
 
 
$
64,591
 
Residential real estate
 
 
265,182
 
 
 
2,765
 
 
 
1,724
 
 
 
20
 
 
 
4,509
 
 
 
5,166
 
 
 
274,857
 
Commercial real estate
 
 
299,295
 
 
 
639
 
 
 
-
 
 
 
-
 
 
 
639
 
 
 
4,671
 
 
 
304,605
 
Commercial
 
 
55,576
 
 
 
330
 
 
 
247
 
 
 
250
 
 
 
827
 
 
 
792
 
 
 
57,195
 
Consumer
 
 
10,469
 
 
 
23
 
 
 
131
 
 
 
-
 
 
 
154
 
 
 
48
 
 
 
10,671
 
Total
 
$
691,164
 
 
$
3,757
 
 
$
2,102
 
 
$
270
 
 
$
6,129
 
 
$
14,626
 
 
$
711,919
 
Percent of total loans
 
 
97.1
%
 
 
0.5
%
 
 
0.3
%
 
 
-
%
 
 
0.8
%
 
 
2.1
%
 
 
 
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 2014 and 2013. 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
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
1,960
 
$
3,854
 
$
3,029
 
$
1,266
 
$
243
 
$
373
 
$
10,725
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Charge-offs
 
 
(725)
 
 
(2,407)
 
 
(1,648)
 
 
(2,389)
 
 
(163)
 
 
-
 
 
(7,332)
 
Recoveries
 
 
149
 
 
376
 
 
58
 
 
341
 
 
28
 
 
-
 
 
952
 
Net charge-offs
 
 
(576)
 
 
(2,031)
 
 
(1,590)
 
 
(2,048)
 
 
(135)
 
 
-
 
 
(6,380)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Provision
 
 
(81)
 
 
1,011
 
 
940
 
 
1,230
 
 
121
 
 
129
 
 
3,350
 
Ending balance
 
$
1,303
 
$
2,834
 
$
2,379
 
$
448
 
$
229
 
$
502
 
$
7,695
 
 
(Dollars in thousands)
 
Construction
 
Residential
real estate
 
Commercial
real estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
4,387
 
$
5,194
 
$
4,134
 
$
1,682
 
$
407
 
$
187
 
$
15,991
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Charge-offs
 
 
(20,695)
 
 
(7,163)
 
 
(6,162)
 
 
(665)
 
 
(113)
 
 
-
 
 
(34,798)
 
Recoveries
 
 
161
 
 
545
 
 
161
 
 
839
 
 
42
 
 
-
 
 
1,748
 
Net charge-offs
 
 
(20,534)
 
 
(6,618)
 
 
(6,001)
 
 
174
 
 
(71)
 
 
-
 
 
(33,050)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Provision
 
 
18,107
 
 
5,278
 
 
4,896
 
 
(590)
 
 
(93)
 
 
186
 
 
27,784
 
Ending balance
 
$
1,960
 
$
3,854
 
$
3,029
 
$
1,266
 
$
243
 
$
373
 
$
10,725