Allowances for Loan Losses

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements [Abstract]

Allowance for Loan Losses

(7)   Allowance for Loan Losses

Changes in the allowance for loan losses for the three months ended March 31, 2012 and 2011 and information pertaining to the allocation of the allowance for loan losses and balances of the allowance for loan losses and loans receivable based on individual and collective impairment evaluation by loan portfolio class at March 31, 2012 and 2011 are summarized as follows:

	For the three months ended March 31, 2012
	1-4 family
	first-lien			Residential									Other
	residential			construction			Commercial			Commercial			commercial
(In thousands)	mortgage			mortgage			real estate			lines of credit			and industrial
Allowance for loan losses:
Beginning Balance	$	664		$	-		$	1,346		$	463		$	649
Charge-offs		(20	)		-			(54	)		-			(43	)
Recoveries		28			-			14			-			-
Provisions		47			-			159			52			113
Ending balance	$	719		$	-		$	1,465		$	515		$	719
Ending balance: related to loans
individually evaluated for impairment		161			-			228			228			277
Ending balance: related to loans
collectively evaluated for impairment	$	558		$	-		$	1,237		$	287		$	442
Loans receivables:
Ending balance	$	160,339		$	2,919		$	73,003		$	13,978		$	21,393
Ending balance: individually
evaluated for impairment		1,206			-			2,491			452			794
Ending balance: collectively
evaluated for impairment	$	159,133		$	2,919		$	70,512		$	13,526		$	20,599
				Home equity			Other
	Municipal			and junior liens			Consumer			Unallocated			Total
Allowance for loan losses:
Beginning Balance	$	2		$	501		$	162		$	193		$	3,980
Charge-offs		-						(41	)		-			(158	)
Recoveries		-			2			21			-			65
Provisions		-			(8	)		(8	)		(130	)		225
Ending balance	$	2		$	495		$	134		$	63		$	4,112
Ending balance: related to loans
individually evaluated for impairment		-			61			-			-			955
Ending balance: related to loans
collectively evaluated for impairment	$	2		$	434		$	134		$	63		$	3,157
Loans receivables:
Ending balance	$	4,203		$	23,673		$	3,933		$	-		$	303,441
Ending balance: individually
evaluated for impairment		-			447			-			-			5,390
Ending balance: collectively
evaluated for impairment	$	4,203		$	23,226		$	3,933		$	-		$	298,051

	For the three months ended March 31, 2011
	1-4 family
	first-lien			Residential									Other
	residential			construction			Commercial			Commercial			commercial
(In thousands)	mortgage			mortgage			real estate			lines of credit			and industrial
Allowance for credit losses:
Beginning Balance	$	750		$	-		$	1,204		$	579		$	501
Charge-offs		(30	)		-			(71	)		(15	)		-
Recoveries		-			-			-			-			-
Provisions		34			-			233			18			122
Ending balance	$	754		$	-		$	1,366		$	582		$	623
Ending balance: related to loans
individually evaluated for impairment		248			-			527			300			230
Ending balance: related to loans
collectively evaluated for impairment	$	506		$	-		$	839		$	282		$	393
Loans receivables:
Ending balance	$	148,111		$	2,705		$	68,378		$	14,294		$	19,871
Ending balance: individually
evaluated for impairment		1,318			-			3,965			300			607
Ending balance: collectively
evaluated for impairment	$	146,793		$	2,705		$	64,413		$	13,994		$	19,264
				Home equity			Other
	Municipal			and junior liens			Consumer			Unallocated			Total
Allowance for credit losses:
Beginning Balance	$	3		$	424		$	89		$	98		$	3,648
Charge-offs		-			(9	)		(28	)		-			(153	)
Recoveries		-			2			7			-			9
Provisions		(1	)		6			16			(165	)		263
Ending balance	$	2		$	423		$	84		$	(67	)	$	3,767
Ending balance: related to loans
individually evaluated for impairment		-			102			-			-			1,407
Ending balance: related to loans
collectively evaluated for impairment	$	2		$	321		$	84		$	(67	)	$	2,360
Loans receivables:
Ending balance	$	3,898		$	25,392		$	3,242		$	-		$	285,891
Ending balance: individually
evaluated for impairment	$	-		$	633		$	-		$	-		$	6,823
Ending balance: collectively
evaluated for impairment	$	3,898		$	24,759		$	3,242		$	-		$	279,068