| Allowance for Credit Losses [Text Block] |
Note
8 - Allowance for Loan Losses
The
Company has established a systematic methodology for
determining the allowance for loan losses. This
methodology is set forth in a formal policy and considers all
non-covered loans in the
portfolio. The two primary components
of the Company’s loan loss methodology are as
follows:
|
|
1)
|
Quantitative
Reserve Component. Quantitative reserves
represent the current loss contingency estimate on
pools of loans, which is an estimate of the amount
for which it is probable that the Company will be
unable to collect all amounts due on homogeneous
groups of loans according to contractual terms
should one or more events occur, excluding those
loans specifically identified above. This component
of the allowance for loan losses is based on the
historical loss experience of the Company. This
loss experience was collected by evaluating
internal loss data. The historical loss rates are
grouped by loan product type. The Company utilizes
average historical losses over the prior eight
quarters in evaluating this component for all loan
types.
|
|
|
2)
|
Qualitative
Reserve Component. Qualitative reserves
represent an estimate of the amount for which it is
probable that environmental or other relevant
factors will cause the loss contingency estimate to
differ from the Company’s historical loss
experience or other assumptions. The Company
considers portfolio trends; portfolio
concentrations; economic and market trends; changes
in lending practices; and other factors to evaluate
the need for qualitative adjustments.
|
A
reconciliation of the allowance for loan losses for the three
and six month periods ended June 30, 2012 and 2011 is as
follows:
|
|
|
Ended
June 30,
|
|
|
Ended
June 30,
|
|
|
|
|
2012
|
|
|
2011
|
|
|
2012
|
|
|
2011
|
|
|
|
|
(Dollars
in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- Beginning of period
|
|
$
|
11,583
|
|
|
$
|
12,006
|
|
|
$
|
11,713
|
|
|
$
|
11,924
|
|
|
Charge-offs:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
One-to-four
family residential
|
|
|
(518
|
)
|
|
|
(312
|
)
|
|
|
(1,417
|
)
|
|
|
(1,137
|
)
|
|
Construction
|
|
|
-
|
|
|
|
(5
|
)
|
|
|
-
|
|
|
|
(41
|
)
|
|
Commercial
land
|
|
|
(101
|
)
|
|
|
(291
|
)
|
|
|
(191
|
)
|
|
|
(2,244
|
)
|
|
Residential
development
|
|
|
(313
|
)
|
|
|
(386
|
)
|
|
|
(2,805
|
)
|
|
|
(386
|
)
|
|
Other
commercial real estate
|
|
|
(938
|
)
|
|
|
(256
|
)
|
|
|
(2,319
|
)
|
|
|
(256
|
)
|
|
Consumer
real estate
|
|
|
(774
|
)
|
|
|
(35
|
)
|
|
|
(2,504
|
)
|
|
|
(91
|
)
|
|
Commercial
business
|
|
|
(227
|
)
|
|
|
(35
|
)
|
|
|
(227
|
)
|
|
|
(188
|
)
|
|
Other
consumer
|
|
|
(22
|
)
|
|
|
(5
|
)
|
|
|
(33
|
)
|
|
|
(18
|
)
|
|
Total
charge-offs
|
|
|
(2,893
|
)
|
|
|
(1,325
|
)
|
|
|
(9,496
|
)
|
|
|
(4,361
|
)
|
|
Recoveries:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
One-to-four
family residential
|
|
|
35
|
|
|
|
4
|
|
|
|
68
|
|
|
|
7
|
|
|
Multifamily
residential
|
|
|
4
|
|
|
|
-
|
|
|
|
4
|
|
|
|
-
|
|
|
Construction
|
|
|
2
|
|
|
|
181
|
|
|
|
-
|
|
|
|
231
|
|
|
Commercial
land
|
|
|
119
|
|
|
|
-
|
|
|
|
119
|
|
|
|
-
|
|
|
Residential
development
|
|
|
32
|
|
|
|
128
|
|
|
|
89
|
|
|
|
128
|
|
|
Other
commercial real estate
|
|
|
235
|
|
|
|
30
|
|
|
|
314
|
|
|
|
14
|
|
|
Consumer
real estate
|
|
|
59
|
|
|
|
2
|
|
|
|
61
|
|
|
|
9
|
|
|
Commercial
business
|
|
|
1
|
|
|
|
10
|
|
|
|
3
|
|
|
|
13
|
|
|
Other
consumer
|
|
|
3
|
|
|
|
6
|
|
|
|
5
|
|
|
|
77
|
|
|
Total
recoveries
|
|
|
490
|
|
|
|
361
|
|
|
|
663
|
|
|
|
479
|
|
|
Provision
for loan losses
|
|
|
2,555
|
|
|
|
1,700
|
|
|
|
8,855
|
|
|
|
4,700
|
|
|
Balance
- End of period
|
|
$
|
11,735
|
|
|
$
|
12,742
|
|
|
$
|
11,735
|
|
|
$
|
12,742
|
|
Loans
totaling $128.9 million that were covered under the FDIC
loss-share agreements were not included in the
Company’s evaluation of the adequacy of loan loss
allowances since potential losses are covered up to at least
80% by the FDIC. These covered loans were recorded
at their estimated fair value at the time of the
acquisition. Management evaluates the adequacy of
the fair value of these acquired loans on a periodic basis to
ensure that the existing values remain
reasonable. If the fair value of these loans is
not considered adequate, then the principal balance of the
loan is written down to the current fair value through a
charge to the provision for loan losses on acquired
loans. The Company recognized loan loss provision
expense on acquired loans in the amount of $505,000 for the
six months ended June 30, 2012. There was no such
provision expense recognized during the six month period
ended June 30, 2011.
The
following table presents a disaggregated analysis of the
activity in the allowance for loan losses and loan balances
for non-covered loans for the three months ended June 30,
2012 and June 30, 2011.
|
|
|
One-to-four
family
residential
|
|
|
Multifamily
residential
|
|
|
Construction
|
|
|
Commercial
land
|
|
|
Residential
development
|
|
|
Other
commercial
real
estate
|
|
|
Consumer
real
estate
|
|
|
Commercial
business
|
|
|
Other
consumer
|
|
|
Total
|
|
|
|
|
(Dollars
in thousands)
|
|
|
June 30,
2012
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance
for loan losses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- April 1, 2012
|
|
$
|
534
|
|
|
$
|
150
|
|
|
$
|
650
|
|
|
$
|
2,344
|
|
|
$
|
2,064
|
|
|
$
|
1,927
|
|
|
$
|
1,372
|
|
|
$
|
2,002
|
|
|
$
|
540
|
|
|
$
|
11,583
|
|
|
Charge-offs
|
|
|
(475
|
)
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
(232
|
)
|
|
|
(688
|
)
|
|
|
(759
|
)
|
|
|
(217
|
)
|
|
|
(11
|
)
|
|
|
(2,382
|
)
|
|
Recoveries
|
|
|
35
|
|
|
|
-
|
|
|
|
2
|
|
|
|
119
|
|
|
|
32
|
|
|
|
235
|
|
|
|
57
|
|
|
|
1
|
|
|
|
3
|
|
|
|
484
|
|
|
Provision
|
|
|
450
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
150
|
|
|
|
500
|
|
|
|
650
|
|
|
|
250
|
|
|
|
50
|
|
|
|
2,050
|
|
|
Balance
- June 30, 2012
|
|
$
|
544
|
|
|
$
|
150
|
|
|
$
|
652
|
|
|
$
|
2,463
|
|
|
$
|
2,014
|
|
|
$
|
1,974
|
|
|
$
|
1,320
|
|
|
$
|
2,036
|
|
|
$
|
582
|
|
|
$
|
11,735
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
individually evaluated for impairment
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
Loans
collectively evaluated for impairment
|
|
$
|
544
|
|
|
$
|
150
|
|
|
$
|
652
|
|
|
$
|
2,463
|
|
|
$
|
2,014
|
|
|
$
|
1,974
|
|
|
$
|
1,320
|
|
|
$
|
2,036
|
|
|
$
|
582
|
|
|
$
|
11,735
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
individually evaluated for impairment
|
|
$
|
4,488
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
3,194
|
|
|
$
|
3,472
|
|
|
$
|
14,401
|
|
|
$
|
1,047
|
|
|
$
|
945
|
|
|
$
|
18
|
|
|
$
|
27,565
|
|
|
Loans
collectively evaluated for impairment
|
|
|
109,833
|
|
|
|
17,074
|
|
|
|
27,114
|
|
|
|
19,691
|
|
|
|
6,596
|
|
|
|
233,874
|
|
|
|
98,115
|
|
|
|
42,690
|
|
|
|
4,946
|
|
|
|
559,933
|
|
|
Total
non-covered loans
|
|
$
|
114,321
|
|
|
$
|
17,074
|
|
|
$
|
27,114
|
|
|
$
|
22,885
|
|
|
$
|
10,068
|
|
|
$
|
248,275
|
|
|
$
|
99,162
|
|
|
$
|
43,635
|
|
|
$
|
4,964
|
|
|
$
|
587,498
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30,
2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance
for loan losses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- April 1, 2011
|
|
$
|
528
|
|
|
$
|
200
|
|
|
$
|
1,014
|
|
|
$
|
2,014
|
|
|
$
|
1,996
|
|
|
$
|
1,645
|
|
|
$
|
1,551
|
|
|
$
|
2,500
|
|
|
$
|
558
|
|
|
$
|
12,006
|
|
|
Charge-offs
|
|
|
(312
|
)
|
|
|
-
|
|
|
|
(5
|
)
|
|
|
(291
|
)
|
|
|
(386
|
)
|
|
|
(256
|
)
|
|
|
(35
|
)
|
|
|
(35
|
)
|
|
|
(5
|
)
|
|
|
(1,325
|
)
|
|
Recoveries
|
|
|
4
|
|
|
|
-
|
|
|
|
181
|
|
|
|
-
|
|
|
|
128
|
|
|
|
30
|
|
|
|
2
|
|
|
|
10
|
|
|
|
6
|
|
|
|
361
|
|
|
Provision
|
|
|
300
|
|
|
|
-
|
|
|
|
-
|
|
|
|
500
|
|
|
|
300
|
|
|
|
500
|
|
|
|
50
|
|
|
|
50
|
|
|
|
-
|
|
|
|
1,700
|
|
|
Balance
- June 30, 2011
|
|
$
|
520
|
|
|
$
|
200
|
|
|
$
|
1,190
|
|
|
$
|
2,223
|
|
|
$
|
2,038
|
|
|
$
|
1,919
|
|
|
$
|
1,568
|
|
|
$
|
2,525
|
|
|
$
|
559
|
|
|
$
|
12,742
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
individually evaluated for impairment
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
Loans
collectively evaluated for impairment
|
|
|
520
|
|
|
|
200
|
|
|
|
1,190
|
|
|
|
2,223
|
|
|
|
2,038
|
|
|
|
1,919
|
|
|
|
1,568
|
|
|
|
2,525
|
|
|
|
559
|
|
|
|
12,742
|
|
|
Total
|
|
$
|
520
|
|
|
$
|
200
|
|
|
$
|
1,190
|
|
|
$
|
2,223
|
|
|
$
|
2,038
|
|
|
$
|
1,919
|
|
|
$
|
1,568
|
|
|
$
|
2,525
|
|
|
$
|
559
|
|
|
$
|
12,742
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31,
2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
individually evaluated for impairment
|
|
$
|
2,739
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
2,826
|
|
|
$
|
8,262
|
|
|
$
|
12,657
|
|
|
$
|
2,630
|
|
|
$
|
169
|
|
|
$
|
89
|
|
|
$
|
29,372
|
|
|
Loans
collectively evaluated for impairment
|
|
|
114,120
|
|
|
|
16,759
|
|
|
|
19,602
|
|
|
|
25,296
|
|
|
|
8,182
|
|
|
|
213,326
|
|
|
|
100,891
|
|
|
|
40,992
|
|
|
|
5,560
|
|
|
|
544,728
|
|
|
Total
non-covered loans
|
|
$
|
116,859
|
|
|
$
|
16,759
|
|
|
$
|
19,602
|
|
|
$
|
28,122
|
|
|
$
|
16,444
|
|
|
$
|
225,983
|
|
|
$
|
103,521
|
|
|
$
|
41,161
|
|
|
$
|
5,649
|
|
|
$
|
574,100
|
|
The
following tables present a disaggregated analysis of the
activity in the allowance for loan losses and loan balances
for non-covered loans for the six months ended June 30, 2012
and June 30, 2011.
|
|
|
One-to-four
family
residential
|
|
|
Multifamily
residential
|
|
|
Construction
|
|
|
Commercial
land
|
|
|
Residential
development
|
|
|
Other
commercial
real
estate
|
|
|
Consumer
real
estate
|
|
|
Commercial
business
|
|
|
Other
consumer
|
|
|
Total
|
|
|
|
|
(Dollars
in thousands)
|
|
|
June 30,
2012
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance
for loan losses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- January 1, 2012
|
|
$
|
500
|
|
|
$
|
150
|
|
|
$
|
800
|
|
|
$
|
2,334
|
|
|
$
|
1,999
|
|
|
$
|
1,830
|
|
|
$
|
1,600
|
|
|
$
|
2,000
|
|
|
$
|
500
|
|
|
$
|
11,713
|
|
|
Charge-offs
|
|
|
(1,374
|
)
|
|
|
-
|
|
|
|
-
|
|
|
|
(90
|
)
|
|
|
(2,724
|
)
|
|
|
(2,069
|
)
|
|
|
(2,489
|
)
|
|
|
(217
|
)
|
|
|
(22
|
)
|
|
|
(8,985
|
)
|
|
Recoveries
|
|
|
68
|
|
|
|
-
|
|
|
|
-
|
|
|
|
119
|
|
|
|
89
|
|
|
|
314
|
|
|
|
59
|
|
|
|
3
|
|
|
|
5
|
|
|
|
657
|
|
|
Provision
|
|
|
1,350
|
|
|
|
-
|
|
|
|
(150
|
)
|
|
|
100
|
|
|
|
2,650
|
|
|
|
1,900
|
|
|
|
2,150
|
|
|
|
250
|
|
|
|
100
|
|
|
|
8,350
|
|
|
Balance
- June 30, 2012
|
|
$
|
544
|
|
|
$
|
150
|
|
|
$
|
650
|
|
|
$
|
2,463
|
|
|
$
|
2,014
|
|
|
$
|
1,975
|
|
|
$
|
1,320
|
|
|
$
|
2,036
|
|
|
$
|
583
|
|
|
$
|
11,735
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
individually evaluated for impairment
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
Loans
collectively evaluated for impairment
|
|
$
|
544
|
|
|
$
|
150
|
|
|
$
|
650
|
|
|
$
|
2,463
|
|
|
$
|
2,014
|
|
|
$
|
1,975
|
|
|
$
|
1,320
|
|
|
$
|
2,036
|
|
|
$
|
583
|
|
|
$
|
11,735
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
individually evaluated for impairment
|
|
$
|
4,488
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
3,194
|
|
|
$
|
3,472
|
|
|
$
|
14,401
|
|
|
$
|
1,047
|
|
|
$
|
945
|
|
|
$
|
18
|
|
|
$
|
27,565
|
|
|
Loans
collectively evaluated for impairment
|
|
|
109,833
|
|
|
|
17,074
|
|
|
|
27,114
|
|
|
|
19,691
|
|
|
|
6,596
|
|
|
|
233,874
|
|
|
|
98,115
|
|
|
|
42,690
|
|
|
|
4,946
|
|
|
|
559,933
|
|
|
Total
non-covered loans
|
|
$
|
114,321
|
|
|
$
|
17,074
|
|
|
$
|
27,114
|
|
|
$
|
22,885
|
|
|
$
|
10,068
|
|
|
$
|
248,275
|
|
|
$
|
99,162
|
|
|
$
|
43,635
|
|
|
$
|
4,964
|
|
|
$
|
587,498
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30,
2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance
for loan losses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- January 1, 2011
|
|
$
|
500
|
|
|
$
|
200
|
|
|
$
|
1,000
|
|
|
$
|
2,163
|
|
|
$
|
2,000
|
|
|
$
|
1,561
|
|
|
$
|
1,500
|
|
|
$
|
2,500
|
|
|
$
|
500
|
|
|
$
|
11,924
|
|
|
Charge-offs
|
|
|
(1,137
|
)
|
|
|
-
|
|
|
|
(41
|
)
|
|
|
(2,244
|
)
|
|
|
(386
|
)
|
|
|
(256
|
)
|
|
|
(91
|
)
|
|
|
(188
|
)
|
|
|
(18
|
)
|
|
|
(4,361
|
)
|
|
Recoveries
|
|
|
7
|
|
|
|
-
|
|
|
|
231
|
|
|
|
-
|
|
|
|
128
|
|
|
|
14
|
|
|
|
9
|
|
|
|
13
|
|
|
|
77
|
|
|
|
479
|
|
|
Provision
|
|
|
1,150
|
|
|
|
-
|
|
|
|
-
|
|
|
|
1,250
|
|
|
|
1,350
|
|
|
|
600
|
|
|
|
150
|
|
|
|
200
|
|
|
|
-
|
|
|
|
4,700
|
|
|
Balance
- June 30, 2011
|
|
$
|
520
|
|
|
$
|
200
|
|
|
$
|
1,190
|
|
|
$
|
1,169
|
|
|
$
|
3,092
|
|
|
$
|
1,919
|
|
|
$
|
1,568
|
|
|
$
|
2,525
|
|
|
$
|
559
|
|
|
$
|
12,742
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
individually evaluated for impairment
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
Loans
collectively evaluated for impairment
|
|
|
520
|
|
|
|
200
|
|
|
|
1,190
|
|
|
|
1,169
|
|
|
|
3,092
|
|
|
|
1,919
|
|
|
|
1,568
|
|
|
|
2,525
|
|
|
|
559
|
|
|
|
12,742
|
|
|
Total
|
|
$
|
520
|
|
|
$
|
200
|
|
|
$
|
1,190
|
|
|
$
|
1,169
|
|
|
$
|
3,092
|
|
|
$
|
1,919
|
|
|
$
|
1,568
|
|
|
$
|
2,525
|
|
|
$
|
559
|
|
|
$
|
12,742
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31,
2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans
individually evaluated for impairment
|
|
$
|
2,739
|
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
2,826
|
|
|
$
|
8,262
|
|
|
$
|
12,657
|
|
|
$
|
2,630
|
|
|
$
|
169
|
|
|
$
|
89
|
|
|
$
|
29,372
|
|
|
Loans
collectively evaluated for impairment
|
|
|
114,120
|
|
|
|
16,759
|
|
|
|
19,602
|
|
|
|
25,296
|
|
|
|
8,182
|
|
|
|
213,326
|
|
|
|
100,891
|
|
|
|
40,992
|
|
|
|
5,560
|
|
|
|
544,728
|
|
|
Total
non-covered loans
|
|
$
|
116,859
|
|
|
$
|
16,759
|
|
|
$
|
19,602
|
|
|
$
|
28,122
|
|
|
$
|
16,444
|
|
|
$
|
225,983
|
|
|
$
|
103,521
|
|
|
$
|
41,161
|
|
|
$
|
5,649
|
|
|
$
|
574,100
|
|
|