Loans (Tables)

3 Months Ended

Mar. 31, 2013

Loans [Abstract]

Loans segregated by class of loans

The following table presents the composition of loans segregated by class of loans, as of March 31, 2013 and December 31, 2012.

	March 31, 2013		December 31, 2012
Commercial and Agricultural
Commercial	$	52,906	$	55,684
Agricultural		7,856		6,211
Real Estate
Commercial Construction		52,094		53,808
Residential Construction		7,570		5,852
Commercial		328,852		334,386
Residential		204,658		203,845
Farmland		48,208		49,057
Consumer and Other
Consumer		28,379		29,778
Other		6,297		8,429
Total Loans	$	736,820	$	747,050

Loan portfolio by credit quality indicator (risk grade)

The following table presents the loan portfolio by credit quality indicator (risk grade) as of March 31, 2013 and December 31, 2012.  Those loans with a risk grade of 1, 2, 3 or 4 have been combined in the pass column for presentation purposes.

March 31, 2013
	Pass		Special Mention		Substandard		Total Loans
Commercial and Agricultural
Commercial	$	47,848	$	1,821	$	3,237	$	52,906
Agricultural		7,775		16		65		7,856
Real Estate
Commercial Construction		39,650		1,965		10,479		52,094
Residential Construction		7,401		169		--		7,570
Commercial		302,856		9,062		16,934		328,852
Residential		185,951		10,126		8,581		204,658
Farmland		44,378		1,278		2,552		48,208
Consumer and Other
Consumer		27,267		366		746		28,379
Other		6,229		4		64		6,297
Total Loans	$	669,355	$	24,807	$	42,658	$	736,820

December 31, 2012
	Pass		Special Mention		Substandard		Total Loans
Commercial and Agricultural
Commercial	$	49,947	$	1,418	$	4,319	$	55,684
Agricultural		6,156		--		55		6,211
Real Estate
Commercial Construction		37,256		1,664		14,888		53,808
Residential Construction		5,749		103		--		5,852
Commercial		298,222		9,759		26,405		334,386
Residential		183,222		11,413		9,210		203,845
Farmland		45,495		914		2,648		49,057
Consumer and Other
Consumer		28,840		293		645		29,778
Other		8,351		9		69		8,429
Total Loans	$	663,238	$	25,573	$	58,239	$	747,050

Age analysis of past due loans and nonaccrual loans, segregated by class of loans

The following table represents an age analysis of past due loans and nonaccrual loans, segregated by class of loans, as of March 31, 2013 and December 31, 2012:

March 31, 2013
	Accruing Loans
			90 Days
	30-89 Days		or More		Total Accruing		Nonaccrual
	Past Due		Past Due		Loans Past Due		Loans		Current Loans		Total Loans
Commercial and Agricultural
Commercial	$	604	$	--	$	604	$	33	$	52,269	$	52,906
Agricultural		--		--		--		39		7,817		7,856
Real Estate
Commercial Construction		1,498		--		1,498		9,652		40,944		52,094
Residential Construction		--		--		--		--		7,570		7,570
Commercial		3,691		--		3,691		3,761		321,400		328,852
Residential		3,426		--		3,426		4,189		197,043		204,658
Farmland		1,460		--		1,460		2,548		44,200		48,208
Consumer and Other
Consumer		652		--		652		217		27,510		28,379
Other		--		--		--		--		6,297		6,297
Total Loans	$	11,331	$	--	$	11,331	$	20,439	$	705,050	$	736,820

December 31, 2012
	Accruing Loans
			90 Days
	30-89 Days		or More		Total Accruing		Nonaccrual
	Past Due		Past Due		Loans Past Due		Loans		Current Loans		Total Loans
Commercial and Agricultural
Commercial	$	798	$	--	$	798	$	1,033	$	53,853	$	55,684
Agricultural		28		--		28		39		6,144		6,211
Real Estate
Commercial Construction		1,310		--		1,310		14,032		38,466		53,808
Residential Construction		--		--		--		--		5,852		5,852
Commercial		3,771		--		3,771		6,630		323,985		334,386
Residential		8,223		--		8,223		5,430		190,192		203,845
Farmland		140		--		140		2,413		46,504		49,057
Consumer and Other
Consumer		637		4		641		256		28,881		29,778
Other		5		--		5		18		8,406		8,429
Total Loans	$	14,912	$	4	$	14,916	$	29,851	$	702,283	$	747,050

Impaired loan data

The following table details impaired loan data as of March 31, 2013:

March 31, 2013
	Unpaid
	Contractual						Average		Interest			Interest
	Principal		Impaired		Related		Recorded		Income			Income
	Balance		Balance		Allowance		Investment		Recognized			Collected
With No Related Allowance Recorded
Commercial	$	264	$	122	$	--	$	122	$	3		$	4
Agricultural		39		39		--		39		--			--
Commercial Construction		9,002		4,962		--		4,962		4			5
Residential Construction		--		--		--		--		--			--
Commercial Real Estate		15,405		15,331		--		15,331		102			129
Residential Real Estate		2,726		2,382		--		2,382		10			18
Farmland		2,590		2,548		--		2,548		(1	)		3
Consumer		229		217		--		217		--			2
Other		--		--		--		--		--			--
		30,255		25,601		--		25,601		118			161
With An Allowance Recorded
Commercial		1,465		1,465		456		1,465		20			17
Agricultural		--		--		--		--		--			--
Commercial Construction		5,339		4,690		1,493		4,690		--			1
Residential Construction		--		--		--		--		--			--
Commercial Real Estate		10,077		9,917		1,426		9,917		73			91
Residential Real Estate		6,959		5,916		1,118		5,916		40			36
Farmland		--		--		--		--		--			--
Consumer		--		--		--		--		--			--
Other		--		--		--		--		--			--
		23,840		21,988		4,493		21,988		133			145
Total
Commercial		1,729		1,587		456		1,587		23			21
Agricultural		39		39		--		39		--			--
Commercial Construction		14,341		9,652		1,493		9,652		4			6
Residential Construction		--		--		--		--		--			--
Commercial Real Estate		25,482		25,248		1,426		25,248		175			220
Residential Real Estate		9,685		8,298		1,118		8,298		50			54
Farmland		2,590		2,548		--		2,548		(1	)		3
Consumer		229		217		--		217		--			2
Other		--		--		--		--		--			--
	$	54,095	$	47,589	$	4,493	$	47,589	$	251		$	306

The following table details impaired loan data as of December 31, 2012:

December 31, 2012
	Unpaid
	Contractual						Average		Interest		Interest
	Principal		Impaired		Related		Recorded		Income		Income
	Balance		Balance		Allowance		Investment		Recognized		Collected
With No Related Allowance Recorded
Commercial	$	1,508	$	1,042	$	--	$	1,053	$	27	$	28
Agricultural		39		39		--		58		--		--
Commercial Construction		10,625		6,415		--		9,194		27		52
Residential Construction		--		--		--		--		--		--
Commercial Real Estate		16,566		15,506		--		26,482		430		421
Residential Real Estate		4,450		4,132		--		3,096		89		123
Farmland		2,829		2,413		--		2,326		43		55
Consumer		297		255		--		228		10		13
Other		18		18		--		24		1		1
		36,332		29,820		--		42,461		627		693
With An Allowance Recorded
Commercial		1,493		1,493		463		943		92		88
Agricultural		--		--		--		--		--		--
Commercial Construction		8,267		7,618		1,733		10,534		--		--
Residential Construction		--		--		--		--		--		--
Commercial Real Estate		12,759		12,745		1,236		6,399		384		366
Residential Real Estate		5,515		4,422		840		4,288		145		117
Farmland		--		--		--		65		--		--
Consumer		--		--		--		--		--		--
Other		--		--		--		--		--		--
		28,034		26,278		4,272		22,229		621		571
Total
Commercial		3,001		2,535		463		1,996		119		116
Agricultural		39		39		--		58		--		--
Commercial Construction		18,892		14,033		1,733		19,728		27		52
Residential Construction		--		--		--		--		--		--
Commercial Real Estate		29,325		28,251		1,236		32,881		814		787
Residential Real Estate		9,965		8,554		840		7,384		234		240
Farmland		2,829		2,413		--		2,391		43		55
Consumer		297		255		--		228		10		13
Other		18		18		--		24		1		1
	$	64,366	$	56,098	$	4,272	$	64,690	$	1,248	$	1,264

The following table details impaired loan data as of March 31, 2012:

March 31, 2012
					Average		Interest			Interest
	Impaired		Related		Recorded		Income			Income
	Balance		Allowance		Investment		Recognized			Collected
With No Related Allowance Recorded
Commercial	$	1,679	$	--	$	1,679	$	25		$	26
Agricultural		39		--		39		--			--
Commercial Construction		12,463		--		12,463		1			4
Residential Construction		--		--		--		--			--
Commercial Real Estate		32,018		--		32,018		300			296
Residential Real Estate		2,407		--		2,407		23			18
Farmland		2,297		--		2,297		32			--
Consumer		212		--		212		2			3
Other		44		--		44		--			--
		51,159		--		51,159		383			347
With An Allowance Recorded
Commercial		310		304		310		2			5
Agricultural		--		--		--		--			--
Commercial Construction		10,942		2,755		10,942		(9	)		--
Residential Construction		--		--		--		--			--
Commercial Real Estate		3,647		1,023		3,647		20			20
Residential Real Estate		4,045		788		4,045		25			26
Farmland		260		12		260		--			--
Consumer		--		--		--		--			--
Other		--		--		--		--			--
		19,204		4,882		19,204		38			51
Total
Commercial		1,989		304		1,989		27			31
Agricultural		39		--		39		--			--
Commercial Construction		23,405		2,755		23,405		(8	)		4
Residential Construction		--		--		--		--			--
Commercial Real Estate		35,665		1,023		35,665		320			316
Residential Real Estate		6,452		788		6,452		48			44
Farmland		2,557		12		2,557		32			--
Consumer		212		--		212		2			3
Other		44		--		44		--			--
	$	70,363	$	4,882	$	70,363	$	421		$	398

Loans modified in troubled debt restructuring

	Three Months Ending March 31, 2013						Three Months Ending March 31, 2012
Troubled Debt Restructurings
	# of Contracts		Pre-Modification		Post-Modification		# of Contracts		Pre-Modification		Post-Modification
Commercial		1	$	84	$	81		1	$	57	$	57
Residential RE		2		1,024		1,001		1		227		224
Total Loans		3	$	1,108	$	1,082		2	$	284	$	281

	Three Months Ending March 31, 2013				Three Months Ending March 31, 2012
Troubled Debt Restructurings
That Subsequently Defaulted
	# of Contracts		Recorded Investment		# of Contracts		Recorded Investment
Commercial Construction		----	$	----		1	$	64
Residential RE		----		----		1		50
Total Loans		----	$	----		2	$	114