Loans (Tables)

12 Months Ended

Dec. 31, 2013



	December 31,		December 31,
	2013		2012

Commercial	$	37,526	$	25,408
Real estate:
Single-family residential		32,219		43,058
Multi-family residential		32,197		21,576
Commercial		83,752		54,291
Construction		11,465		14
Consumer:
Home equity lines of credit		14,851		12,963
Other		860		970
Subtotal		212,870		158,280
Less: ALLL		(5,729)		(5,237)

Loans, net	$	207,141	$	153,043

Activity in ALLL by portfolio segment


	December 31, 2013
			Real Estate								Consumer
			Single-		Multi-						Home Equity
	Commercial		family		family		Commercial		Construction		lines of credit		Other		Total

Beginning balance	$	1,311	$	332	$	1,396	$	1,946	$	-	$	241	$	11	$	5,237
Addition to (reduction in) provision for loan losses		407		(51)		(163)		319		119		(114)		(21)		496
Charge-offs		-		(164)		(59)		(6)		-		(17)		(6)		(252)
Recoveries		41		3		88		66		-		29		21		248
Ending balance	$	1,759	$	120	$	1,262	$	2,325	$	119	$	139	$	5	$	5,729


	December 31, 2012
			Real Estate								Consumer
			Single-		Multi-						Home Equity
	Commercial		family		family		Commercial		Construction		lines of credit		Other		Total

Beginning balance	$	2,281	$	207	$	1,470	$	1,863	$	-	$	272	$	17	$	6,110
Addition to (reduction in) provision for loan losses		(1,251)		180		700		1,412		-		78		10		1,129
Charge-offs		(99)		(64)		(796)		(1,467)		-		(126)		(39)		(2,591)
Recoveries		380		9		22		138		-		17		23		589
Ending balance	$	1,311	$	332	$	1,396	$	1,946	$	-	$	241	$	11	$	5,237


	December 31, 2011
			Real Estate								Consumer
			Single-		Multi-						Home Equity
	Commercial		family		family		Commercial		Construction		lines of credit		Other		Total

Beginning balance	$	1,879	$	241	$	2,520	$	4,719	$	74	$	303	$	22	$	9,758
Addition to (reduction in) provision for loan losses		1,481		83		2,108		(406)		(74)		183		-		3,375
Charge-offs		(1,296)		(124)		(3,167)		(2,652)		-		(241)		(18)		(7,498)
Recoveries		214		7		9		202		-		27		13		472
Reclass of ALLL on loan-related commitments (1)		3		-		-		-		-		-		-		3
Ending balance	$	2,281	$	207	$	1,470	$	1,863	$	-	$	272	$	17	$	6,110

Balance in ALLL and recorded investment in loans by portfolio segment and based on impairment method

The following table presents the balance in the ALLL and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2013:



			Real Estate								Consumer
	Commercial		Single- family		Multi- family		Commercial		Construction		Home Equity lines of credit		Other		Total
ALLL:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	532	$	-	$	402	$	191	$	-	$	-	$	-	$	1,125
Collectively evaluated for impairment		1,227		120		860		2,134		119		139		5		4,604
Total ending allowance balance	$	1,759	$	120	$	1,262	$	2,325	$	119	$	139	$	5	$	5,729

Loans:
Individually evaluated for impairment	$	992	$	317	$	1,759	$	5,845	$	-	$	-	$	-	$	8,913
Collectively evaluated for impairment		36,534		31,902		30,438		77,907		11,465		14,851		860		203,957
Total ending loan balance	$	37,526	$	32,219	$	32,197	$	83,752	$	11,465	$	14,851	$	860	$	212,870

The following table presents the balance in the ALLL and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2012:



			Real Estate								Consumer
	Commercial		Single- family		Multi- family		Commercial		Construction		Home Equity lines of credit		Other		Total
ALLL:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	609	$	71	$	24	$	126	$	-	$	-	$	-	$	830
Collectively evaluated for impairment		702		261		1,372		1,820		-		241		11		4,407
Total ending allowance balance	$	1,311	$	332	$	1,396	$	1,946	$	-	$	241	$	11	$	5,237

Loans:
Individually evaluated for impairment		1,091		129		2,167		6,467		-		-		-		9,854
Collectively evaluated for impairment		24,317		42,929		19,409		47,824		14		12,963		970		148,426
Total ending loan balance	$	25,408	$	43,058	$	21,576	$	54,291	$	14	$	12,963	$	970	$	158,280

Individually evaluated for impairment by class of loans


	Unpaid Principal Balance		Recorded Investment		ALLL Allocated		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial	$	135	$	120	$	-	$	292	$	-
Real estate:
Single-family residential		352		191		-		-		-
Multi-family residential		-		-		-		185		-
Commercial:
Non-owner occupied		2,022		1,453		-		1,895		-
Owner occupied		2,021		1,070		-		1,392		-
Land		-		-		-		423		-
Construction		-		-		-		-		-
Consumer:
Home equity lines of credit:
Originated for portfolio		-		-		-		-		-
Purchased for portfolio		-		-		-		-		-
Other		-		-		-		-		-
Total with no allowance recorded		4,530		2,834		-		4,187		-

With an allowance recorded:
Commercial		872		872		532		815		26
Real estate:
Single-family residential		126		126		-		454		8
Multi-family residential		1,759		1,759		402		1,880		4
Commercial:
Non-owner occupied		2,158		2,158		46		2,191		139
Owner occupied		397		397		7		162		24
Land		812		767		138		370		22
Construction
Consumer:
Home equity lines of credit:
Originated for portfolio		-		-		-		-
Purchased for portfolio		-		-		-		-
Other		-		-		-		-
Total with an allowance recorded		6,124		6,079		1,125		5,872		223
Total	$	10,654	$	8,913	$	1,125	$	10,059	$	223

The following table presents loans individually evaluated for impairment by class of loans as of and for the year ended December 31, 2012. The unpaid principal balance is the contractual principal balance outstanding. The recorded investment is the unpaid principal balance adjusted for partial charge-offs, purchase premiums and discounts, deferred loan fees and costs and includes accrued interest.


	Unpaid Principal Balance		Recorded Investment		ALLL Allocated		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial	$	136	$	121	$	-	$	503	$	-
Real estate:
Single-family residential		-		-		-		-		-
Multi-family residential		2,001		1,879		-		2,223		-
Commercial:
Non-owner occupied		3,000		2,195		-		1,819		-
Owner occupied		2,195		1,244		-		1,258		-
Land		-		-		-		-		-
Consumer:
Home equity lines of credit:
Originated for portfolio		-		-		-		-
Purchased for portfolio		-		-		-		-
Other		-		-		-		-
Total with no allowance recorded		7,332		5,439		-		5,803		-

With an allowance recorded:
Commercial		970		970		609		658		5
Real estate:
Single-family residential		129		129		71		129		2
Multi-family residential		288		288		24		1,975		1
Commercial:
Non-owner occupied		2,239		2,239		105		2,650		56
Owner occupied		396		396		7		397		6
Land		438		393		14		396		6
Consumer:
Home equity lines of credit:
Originated for portfolio		-		-		-		-
Purchased for portfolio		-		-		-		-
Total with an allowance recorded		4,460		4,415		830		6,205		76
Total	$	11,792	$	9,854	$	830	$	12,008	$	76

Recorded investment in nonaccrual loans by class of loans


	December 31,		December 31,
	2013		2012
Nonaccrual loans:
Commercial	$	563	$	714
Real estate:
Single-family residential		479		113
Multi-family residential		1,701		2,082
Commercial:
Non-owner occupied		1,453		2,195
Owner occupied		1,070		1,243
Land		420		-
Consumer:
Home equity lines of credit:
Originated for portfolio		52		-
Purchased for portfolio		-		9
Total nonaccrual and nonperforming loans	$	5,738	$	6,356

Aging of recorded investment in past due loans by class of loans


	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Loans Not Past Due		Nonaccrual Loans Not > 90 days Past Due

Commercial	$	-	$	-	$	121	$	121	$	37,405	$	442
Real estate:
Single-family residential		352		268		247		867		31,352		232
Multi-family residential		-		-		-		-		32,197		1,701
Commercial:
Non-owner occupied		-		-		923		923		42,199		530
Owner occupied		-		-		-		-		35,202		1,070
Land		-		-		420		420		5,008		-
Construction		-		-		-		-		11,465		-
Consumer:
Home equity lines of credit:
Originated for portfolio		52		-		-		52		12,930		52
Purchased for portfolio		123		-		-		123		1,746		-
Other		2		11		-		13		847		-
Total	$	529	$	279	$	1,711	$	2,519	$	210,351	$	4,027

The following table presents the aging of the recorded investment in past due loans by class of loans as of December 31, 2012:



	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Loans Not Past Due		Nonaccrual Loans Not > 90 days Past Due

Commercial	$	-	$	65	$	121	$	186	$	25,222	$	593
Real estate:
Single-family residential		1,105		122		74		1,301		41,757		39
Multi-family residential		-		-		-		-		21,576		2,082
Commercial:
Non-owner occupied		40		-		1,611		1,651		28,299		583
Owner occupied		-		-		-		-		19,774		1,244
Land		-		-		-		-		4,568		-
Construction		-		-		-		-		14		-
Consumer:
Home equity lines of credit:
Originated for portfolio		20		-		-		20		10,699		-
Purchased for portfolio		-		-		9		9		2,235		-
Other		18		-		-		18		951		-
Total	$	1,183	$	187	$	1,815	$	3,185	$	155,095	$	4,541

Loans modified as TDRs by class of loans


	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment

Commercial		1	$	126	$	126
Real estate:
Single-family residential		1		346		350
Multi-family residential		1		1,760		1,701
Commercial:
Non-owner occupied		-		-		-
Owner occupied		1		237		239
Land		-		-		-
Construction		-		-		-
Consumer:
Home equity lines of credit:
Originated for portfolio		-		-		-
Purchased for portfolio		-		-		-
Other		-		-		-
		4	$	2,469	$	2,416

The TDRs described above resulted in charge-offs of $220 during the year ended December 31, 2013.

The following table presents loans modified as TDRs by class of loans during the year ended December 31, 2012:


	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment

Commercial		2	$	319	$	319
Real estate:
Single-family residential		1		132		138
Multi-family residential		1		2,017		203
Commercial:
Non-owner occupied		1		478		428
Owner occupied		-		-		-
Land		-		-		-
Construction		-		-		-
Consumer:
Home equity lines of credit:
Originated for portfolio		-		-		-
Purchased for portfolio		-		-		-
Other		-		-		-
		5	$	2,946	$	1,088

Schedule of Debtor Troubled Debt Restructuring, Subsequent Periods




	2013		2012
Commercial	$	442	$	528
Real estate:
Single-family residential		190		-
Multi-family residential		1,701		2,082
Commercial:
Non-owner occupied		-		388
Owner occupied		238		288
Total	$	2,571	$	3,286

Financing Receivable Credit Quality Indicators


	Not Rated		Pass		Special Mention		Substandard		Total

Commercial	$	228	$	35,424	$	921	$	953	$	37,526
Real estate:
Single-family residential		31,685		-		-		534		32,219
Multi-family residential		-		29,667		-		2,530		32,197
Commercial:
Non-owner occupied		3,170		34,834		556		4,561		43,121
Owner occupied		-		31,489		1,045		2,669		35,203
Land		87		2,023		-		3,318		5,428
Construction		2,115		9,350		-		-		11,465
Consumer:
Home equity lines of credit:
Originated for portfolio		12,828		-		-		154		12,982
Purchased for portfolio		1,285		-		414		170		1,869
Other		860		-		-		-		860
	$	52,258	$	142,787	$	2,936	$	14,889	$	212,870

The recorded investment in loans by risk category and class of loans as of December 31, 2012 follows:



	Not Rated		Pass		Special Mention		Substandard		Total

Commercial	$	285	$	21,013	$	2,637	$	1,473	$	25,408
Real estate:
Single-family residential		42,945		-		-		113		43,058
Multi-family residential		-		12,846		5,790		2,939		21,575
Commercial:
Non-owner occupied		322		21,147		2,995		5,486		29,950
Owner occupied		-		16,385		762		2,627		19,774
Land		119		987		434		3,028		4,568
Construction		-		14		-		-		14
Consumer:
Home equity lines of credit:
Originated for portfolio		10,719		-		-		-		10,719
Purchased for portfolio		1,800		-		435		9		2,244
Other		970		-		-		-		970
	$	57,160	$	72,392	$	13,053	$	15,675	$	158,280