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Loans and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2015

Financing Receivable, Allowance for Credit Losses [Line Items]


		September 30, 2015					December 31, 2014
(dollars in thousands)		Amount		% of Total			Amount		% of Total
Commercial
Owner occupied RE	$	237,997		24.0	%	$	191,061		21.9	%
Non-owner occupied RE		212,777		21.4	%		183,440		21.1	%
Construction		32,985		3.3	%		50,995		5.8	%
Business		170,049		17.1	%		149,986		17.2	%
Total commercial loans		653,808		65.8	%		575,482		66.0	%
Consumer
Real estate		168,838		17.0	%		146,859		16.9	%
Home equity		111,794		11.3	%		95,629		11.0	%
Construction		43,555		4.4	%		39,226		4.5	%
Other		15,238		1.5	%		14,250		1.6	%
Total consumer loans		339,425		34.2	%		295,964		34.0	%
Total gross loans, net of deferred fees		993,233		100.0	%		871,446		100.0	%
Less—allowance for loan losses		(13,368	)				(11,752	)
Total loans, net	$	979,865				$	859,694

Loan maturity distribution by type and related interest rate


	September 30, 2015
			After one
		One year	but within	After five
(dollars in thousands)		or less	five years	years		Total
Commercial
Owner occupied RE	$	18,701	146,061	73,235		237,997
Non-owner occupied RE		39,960	130,607	42,210		212,777
Construction		13,882	16,258	2,845		32,985
Business		70,478	87,226	12,345		170,049
Total commercial loans		143,021	380,152	130,635		653,808
Consumer
Real estate		28,269	47,668	92,901		168,838
Home equity		4,842	32,466	74,486		111,794
Construction		17,661	2,835	23,059		43,555
Other		7,590	6,065	1,583		15,238
Total consumer loans		58,362	89,034	192,029		339,425
Total gross loans, net of deferred fees	$	201,383	469,186	322,664		993,233
Loans maturing after one year with:
Fixed interest rates					$	590,605
Floating interest rates						201,247

	December 31, 2014
			After one
		One year	but within	After five
		or less	five years	years		Total
Commercial
Owner occupied RE	$	20,737	98,110	72,214		191,061
Non-owner occupied RE		46,718	104,402	32,320		183,440
Construction		11,923	25,145	13,927		50,995
Business		75,718	65,899	8,369		149,986
Total commercial loans		155,096	293,556	126,830		575,482
Consumer
Real estate		21,571	41,549	83,739		146,859
Home equity		5,645	28,394	61,590		95,629
Construction		13,531	2,073	23,622		39,226
Other		7,278	5,637	1,335		14,250
Total consumer		48,025	77,653	170,286		295,964
Total gross loan, net of deferred fees	$	203,121	371,209	297,116		871,446
Loans maturing after one year with:
Fixed interest rates					$	494,058
Floating interest rates						174,267

Summary of nonperforming assets, including nonaccruing TDRs


(dollars in thousands)	September 30, 2015			December 31, 2014
Commercial
Owner occupied RE	$	718		322
Non-owner occupied RE		4,434		2,344
Construction		-		783
Business		895		1,408
Consumer
Real estate		-		457
Home equity		250		188
Construction		-		-
Other		1		1
Nonaccruing troubled debt restructurings		887		1,147
Total nonaccrual loans, including nonaccruing TDRs		7,185		6,650
Other real estate owned		2,657		3,307
Total nonperforming assets	$	9,842		9,957
Nonperforming assets as a percentage of:
Total assets		0.84	%	0.97	%
Gross loans		0.99	%	1.14	%
Total loans over 90 days past due		5,101		5,735
Loans over 90 days past due and still accruing		-		-
Accruing troubled debt restructurings	$	7,232		8,562

Summary of key information for impaired loans


			September 30, 2015
			Recorded investment
				Impaired loans
	Unpaid			with related	Related
	Principal		Impaired	allowance for	allowance for
(dollars in thousands)	Balance		loans	loan losses	loan losses
Commercial
Owner occupied RE	$	900	876	876	351
Non-owner occupied RE		9,592	6,246	4,399	1,084
Construction		1,843	1,843	447	81
Business		4,335	3,720	2,669	1,989
Total commercial		16,670	12,685	8,391	3,505
Consumer
Real estate		1,126	1,126	809	493
Home equity		405	405	155	155
Construction		-	-	-	-
Other		201	201	201	201
Total consumer		1,732	1,732	1,165	849
Total	$	18,402	14,417	9,556	4,354


			December 31, 2014
			Recorded investment
					Impaired loans
	Unpaid				with related	Related
	Principal			Impaired	allowance for	allowance for
	Balance			loans	loan losses	loan losses
Commercial
Owner occupied RE	$	1,122		1,122	1,060	371
Non-owner occupied RE		5,813		4,522	2,777	801
Construction		5,268		2,726	1,315	324
Business		5,385		4,565	3,528	2,464
Total commercial		17,588		12,935	8,680	3,960
Consumer
Real estate		1,620		1,620	1,299	585
Home equity		347		347	347	191
Construction		-		-	-	-
Other		310		310	310	310
Total consumer		2,277		2,277	1,956	1,086
Total	$	19,865		15,212	10,636	5,046

Average recorded investment and interest income recognized on impaired loans


	Three months ended			Three months ended
	September 30, 2015			September 30, 2014
	Average		Recognized	Average	Average
	recorded		interest	recorded	recorded
(dollars in thousands)	investment		income	investment	investment
Commercial
Owner occupied RE	$	1,191	1	1,430	22
Non-owner occupied RE		5,622	22	6,582	31
Construction		1,887	12	1,752	-
Business		3,923	30	4,298	38
Total commercial		12,623	65	14,062	91
Consumer
Real estate		1,395	12	2,334	16
Home equity		406	3	254	2
Construction		-	-	-	-
Other		208	2	327	4
Total consumer		2,009	17	2,915	22
Total	$	14,632	82	16,977	113


	Nine months ended			Nine months ended			Year ended
	September 30, 2015			September 30, 2014			December 31, 2014
	Average		Recognized	Average		Recognized	Average	Recognized
	recorded		interest	recorded		interest	recorded	interest
(dollars in thousands)	investment		income	investment		income	investment	income
Commercial
Owner occupied RE	$	1,146	5	$	1,680	25	1,568	47
Non-owner occupied RE		5,268	107		5,986	84	5,693	104
Construction		2,110	53		1,790	14	1,977	75
Business		4,168	99		4,511	105	4,522	154
Total commercial		12,692	264		13,967	228	13,760	380
Consumer
Real estate		1,529	34		2,213	40	2,094	53
Home equity		376	13		227	8	251	10
Construction		-	-		-	-	-	-
Other		237	5		274	10	282	13
Total consumer		2,142	52		2,714	58	2,627	76
Total	$	14,834	316	$	16,681	286	16,387	456

Summary of allowance for loan losses by commercial and consumer portfolio segments


	Nine months ended September 30, 2015
Commercial											Consumer
(dollars in thousands)		Owner occupied RE			Non-owner occupied RE		Construction		Business		Real Estate		Home equity		Construction	Other		Total
Balance, beginning of period		$	1,645		2,332		614		3,625		1,714		1,162		236	424		11,752
Provision for loan losses			816		797		(304	)	653		439		75		57	(33	)	2,500
Loan charge-offs			(24	)	(204	)	-		(621	)	(173	)	(13	)	-	(5	)	(1,040	)
Loan recoveries			-		8		-		102		-		46		-	-		156
Net loan charge-offs			(24	)	(196	)	-		(519	)	(173	)	33		-	(5	)	(884	)
Balance, end of period		$	2,437		2,933		310		3,759		1,980		1,270		293	386		13,368
Net charge-offs to average loans (annualized)																		0.13	%
Allowance for loan losses to gross loans																		1.35	%
Allowance for loan losses to nonperforming loans																		186.05	%


	Nine months ended September 30, 2014
Commercial										Consumer
(dollars in thousands)		Owner occupied RE			Non-owner occupied RE		Construction	Business		Real Estate	Home equity		Construction	Other		Total
Balance, beginning of period		$	1,880		2,633		397	3,329		1,091	644		99	140		10,213
Provision for loan losses			(138	)	1,271		150	439		821	560		102	70		3,275
Loan charge-offs			-		(1,580	)	-	(635	)	-	(77	)	-	(11	)	(2,303	)
Loan recoveries			-		1		-	114		-	5		-	-		120
Net loan charge-offs			-		(1,579	)	-	(521	)	-	(72	)	-	(11	)	(2,183	)
Balance, end of period		$	1,742		2,325		547	3,247		1,912	1,132		201	199		11,305
Net charge-offs to average loans (annualized)																0.37	%
Allowance for loan losses to gross loans																1.36	%
Allowance for loan losses to nonperforming loans																141.99	%

Allowance for loan losses and recorded investment in loans by impairment methodology


	September 30, 2015
	Allowance for loan losses				Recorded investment in loans
(dollars in thousands)		Commercial	Consumer	Total	Commercial	Consumer	Total
Individually evaluated	$	3,505	849	4,354	12,685	1,732	14,417
Collectively evaluated		5,934	3,080	9,014	641,123	337,693	978,816
Total	$	9,439	3,929	13,368	653,808	339,425	993,233

	December 31, 2014
	Allowance for loan losses				Recorded investment in loans
		Commercial	Consumer	Total	Commercial	Consumer	Total
Individually evaluated	$	3,960	1,086	5,046	12,935	2,277	15,212
Collectively evaluated		4,256	2,450	6,706	562,547	293,687	856,234
Total	$	8,216	3,536	11,752	575,482	295,964	871,446

Commercial [Member]

Financing Receivable, Allowance for Credit Losses [Line Items]

Summary of breakdown of outstanding loans by risk category


	September 30, 2015
		Owner		Non-owner
(dollars in thousands)		occupied RE		occupied RE	Construction	Business	Total
Pass		$	232,326	203,061	31,143	161,171	627,701
Special mention			3,903	3,325	-	4,846	12,074
Substandard			1,768	6,391	1,842	4,032	14,033
Doubtful			-	-	-	-	-
		$	237,997	212,777	32,985	170,049	653,808


	December 31, 2014
		Owner		Non-owner
		occupied RE		occupied RE	Construction	Business	Total
Pass		$	184,158	173,711	48,140	140,432	546,441
Special mention			5,035	3,376	129	4,715	13,255
Substandard			1,868	6,353	2,726	4,839	15,786
Doubtful			-	-	-	-	-
		$	191,061	183,440	50,995	149,986	575,482

Outstanding loans which include loans on nonaccrual by past due status


	September 30, 2015
		Owner		Non-owner
(dollars in thousands)		occupied RE		occupied RE	Construction	Business	Total
Current		$	237,687	209,180	32,538	168,722	648,127
30-59 days past due			-	449	-	328	777
60-89 days past due			54	-	-	-	54
Greater than 90 Days			256	3,148	447	999	4,850
		$	237,997	212,777	32,985	170,049	653,808

	December 31, 2014
		Owner		Non-owner
		occupied RE		occupied RE	Construction	Business	Total
Current		$	190,801	180,577	50,212	148,317	569,907
30-59 days past due			-	49	-	35	84
60-89 days past due			-	246	-	155	401
Greater than 90 Days			260	2,568	783	1,479	5,090
		$	191,061	183,440	50,995	149,986	575,482

Consumer [Member]

Financing Receivable, Allowance for Credit Losses [Line Items]

Summary of breakdown of outstanding loans by risk category


					September 30, 2015
(dollars in thousands)	Real estate		Home equity	Construction	Other	Total
Pass	$	166,613	107,764	42,552	15,086	332,015
Special mention		649	2,856	-	121	3,626
Substandard		1,576	1,174	1,003	31	3,784
Doubtful		-	-	-	-	-
	$	168,838	111,794	43,555	15,238	339,425


	December 31, 2014
		Real estate		Home equity	Construction	Other	Total
Pass		$	144,070	91,084	39,226	14,013	288,393
Special mention			953	3,268	-	139	4,360
Substandard			1,836	1,277	-	98	3,211
Doubtful			-	-	-	-	-
		$	146,859	95,629	39,226	14,250	295,964

Outstanding loans which include loans on nonaccrual by past due status


	September 30, 2015
(dollars in thousands)	Real estate		Home equity	Construction	Other	Total
Current	$	168,594	111,154	43,555	15,231	338,534
30-59 days past due		244	390	-	-	634
60-89 days past due		-	-	-	6	6
Greater than 90 Days		-	250	-	1	251
	$	168,838	111,794	43,555	15,238	339,425

	December 31, 2014
	Real estate		Home equity	Construction	Other	Total
Current	$	146,362	95,311	39,226	14,247	295,146
30-59 days past due		40	-	-	-	40
60-89 days past due		-	130	-	3	133
Greater than 90 Days		457	188	-	-	645
	$	146,859	95,629	39,226	14,250	295,964