Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2013

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Allowance for Loan Losses

The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company over the prior one to five years. Management believes the five-year historical loss experience methodology is appropriate in the current economic environment, as it captures loss rates that are comparable to the current period being analyzed. The actual allowance for loan loss activity is provided below.

	Three Months Ended					Nine Months Ended
	September 30					September 30
	2013			2012		2013		2012
	(Unaudited)			(Unaudited)		(Unaudited)		(Unaudited)
Balance at beginning of the period	$	18,880		$	18,374	$	18,270	$	18,882
Loans charged-off:
Commercial
Owner occupied real estate		—			92		138		95
Non owner occupied real estate		539			81		730		109
Residential development		—			—		—		—
Development & Spec Land Loans		182			—		182		—
Commercial and industrial		35			221		948		548
Total commercial		756			394		1,998		752
Real estate
Residential mortgage		43			247		602		451
Residential construction		—			—		—		—
Mortgage warehouse		—			—		—		—
Total real estate		43			247		602		451
Consumer
Direct Installment		87			90		282		261
Direct Installment Purchased		—			—		—		—
Indirect Installment		329			313		953		922
Home Equity		306			123		945		1,010
Total consumer		722			526		2,180		2,193
Total loans charged-off		1,520			1,167		4,780		3,396
Recoveries of loans previously charged-off:
Commercial
Owner occupied real estate		15			—		61		352
Non owner occupied real estate		35			—		38		7
Residential development		—			—		—		—
Development & Spec Land Loans		—			—		—		—
Commercial and industrial		101			61		248		114
Total commercial		151			61		347		473
Real estate
Residential mortgage		3			42		11		74
Residential construction		—			—		—		—
Mortgage warehouse		—			—		—		—
Total real estate		3			42		11		74
Consumer
Direct Installment		10			28		458		63
Direct Installment Purchased		—			—		—		—
Indirect Installment		157			173		529		563
Home Equity		63			16		95		100
Total consumer		230			217		1,082		726
Total loan recoveries		384			320		1,440		1,273
Net loans charged-off		1,136			847		3,340		2,123
Provision charged to operating expense
Commercial		741			625		1,543		320
Real estate		(381	)		254		606		900
Consumer		(256	)		162		769		589
Total provision charged to operating expense		104			1,041		2,917		1,809
Balance at the end of the period	$	17,848		$	18,568	$	17,848	$	18,568

Allowance for Loan Losses and the Recorded Investment in Loans by Portfolio Segment

The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment analysis:

September 30, 2013	Commercial		Real Estate		Mortgage Warehousing		Consumer		Total
Allowance For Loan Losses
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	1,316	$	—	$	—	$	—	$	1,316
Collectively evaluated for impairment		6,347		3,238		1,686		5,261		16,532
Total ending allowance balance	$	7,663	$	3,238	$	1,686	$	5,261	$	17,848
Loans:
Individually evaluated for impairment	$	7,919	$	—	$	—	$	—	$	7,919
Collectively evaluated for impairment		492,837		189,838		114,071		279,905		1,076,651
Total ending loans balance	$	500,756	$	189,838	$	114,071	$	279,905	$	1,084,570

December 31, 2012	Commercial		Real Estate		Mortgage Warehousing		Consumer		Total
Allowance For Loan Losses
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	1,945	$	—	$	—	$	—	$	1,945
Collectively evaluated for impairment		5,826		3,204		1,705		5,590		16,325
Total ending allowance balance	$	7,771	$	3,204	$	1,705	$	5,590	$	18,270
Loans:
Individually evaluated for impairment	$	10,597	$	—	$	—	$	—	$	10,597
Collectively evaluated for impairment		451,243		190,292		251,928		290,174		1,183,637
Total ending loans balance	$	461,840	$	190,292	$	251,928	$	290,174	$	1,194,234