Loans (Tables)

3 Months Ended

Mar. 31, 2014

The following table presents the composition of loans segregated by class of loans, as of March 31, 2014 and December 31, 2013.

	March 31, 2014		December 31, 2013
Commercial and Agricultural
Commercial	$	43,979	$	48,107
Agricultural		12,654		10,666

Real Estate
Commercial Construction		54,608		52,739
Residential Construction		9,779		6,549
Commercial		337,835		341,783
Residential		202,159		206,258
Farmland		47,886		47,035

Consumer and Other
Consumer		23,693		25,676
Other		5,601		12,405

Total Loans	$	738,194	$	751,218

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, 2014 and December 31, 2013. Those loans with a risk grade of 1, 2, 3 or 4 have been combined in the pass column for presentation purposes.

March 31, 2014
	Pass		Special Mention		Substandard		Total Loans
Commercial and Agricultural
Commercial	$	37,721	$	2,705	$	3,553	$	43,979
Agricultural		12,475		13		166		12,654

Real Estate
Commercial Construction		44,861		1,523		8,224		54,608
Residential Construction		9,679		100		--		9,779
Commercial		312,175		9,154		16,506		337,835
Residential		179,656		13,630		8,873		202,159
Farmland		45,644		528		1,714		47,886

Consumer and Other
Consumer		22,810		260		623		23,693
Other		5,363		--		238		5,601

Total Loans	$	670,384	$	27,913	$	39,897	$	738,194

December 31, 2013
	Pass		Special Mention		Substandard		Total Loans
Commercial and Agricultural
Commercial	$	41,759	$	2,770	$	3,578	$	48,107
Agricultural		10,638		17		11		10,666

Real Estate
Commercial Construction		42,669		1,512		8,558		52,739
Residential Construction		6,341		208		--		6,549
Commercial		317,567		10,760		13,456		341,783
Residential		182,977		13,524		9,757		206,258
Farmland		44,777		507		1,751		47,035

Consumer and Other
Consumer		24,609		320		747		25,676
Other		12,355		1		49		12,405

Total Loans	$	683,692	$	29,619	$	37,907	$	751,218

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, 2014 and December 31, 2013:

March 31, 2014
	Accruing Loans

	30-89 Days Past Due		90 Days or More Past Due		Total Accruing Loans Past Due		Nonaccrual Loans		Current Loans		Total Loans
Commercial and Agricultural
Commercial	$	709	$	--	$	709	$	1,976	$	41,294	$	43,979
Agricultural		86		--		86		51		12,517		12,654

Real Estate
Commercial Construction		441		--		441		7,824		46,343		54,608
Residential Construction		--		--		--		--		9,779		9,779
Commercial		6,176		--		6,176		9,128		322,531		337,835
Residential		2,941		--		2,941		3,814		195,404		202,159
Farmland		94		--		94		1,672		46,120		47,886

Consumer and Other
Consumer		332		15		347		252		23,094		23,693
Other		--		--		--		203		5,398		5,601

Total Loans	$	10,779	$	15	$	10,794	$	24,920	$	702,480	$	738,194


December 31, 2013
	Accruing Loans

	30-89 Days Past Due		90 Days or More Past Due		Total Accruing Loans Past Due		Nonaccrual Loans		Current Loans		Total Loans
Commercial and Agricultural
Commercial	$	581	$	--	$	581	$	1,646	$	45,880	$	48,107
Agricultural		81		--		81		--		10,585		10,666

Real Estate
Commercial Construction		140		--		140		8,222		44,377		52,739
Residential Construction		--		--		--		--		6,549		6,549
Commercial		2,287		--		2,287		7,367		332,129		341,783
Residential		5,274		--		5,274		4,933		196,051		206,258
Farmland		351		--		351		1,630		45,054		47,035

Consumer and Other
Consumer		454		4		458		307		24,911		25,676
Other		198		--		198		9		12,198		12,405

Total Loans	$	9,366	$	4	$	9,370	$	24,114	$	717,734	$	751,218

Impaired loan data

The following table details impaired loan data as of March 31, 2014:

March 31, 2014
	Unpaid
	Contractual						Average		Interest			Interest
	Principal		Impaired		Related		Recorded		Income			Income
	Balance		Balance		Allowance		Investment		Recognized			Collected

With No Related
Allowance Recorded
Commercial	$	599	$	599	$	--	$	599	$	5		$	13
Agricultural		56		51		--		51		(9	)		--
Commercial Construction		7,460		4,354		--		4,354		8			8
Residential Construction		--		--		--		--		--			--
Commercial Real Estate		21,196		20,686		--		20,686		130			132
Residential Real Estate		7,113		5,642		--		5,642		46			46
Farmland		349		348		--		348		(2	)		1
Consumer		256		251		--		251		4			5
Other		203		203		--		203		2			2

		37,232		32,134		--		32,134		184			207

With An Allowance Recorded
Commercial		1,380		1,380		423		1,380		--			--
Agricultural		--		--		--		--		--			--
Commercial Construction		5,922		3,470		1,548		3,470		--			--
Residential Construction		--		--		--		--		--			--
Commercial Real Estate		6,466		6,109		407		6,109		46			46
Residential Real Estate		962		954		289		954		11			15
Farmland		1,324		1,324		233		1,324		--			--
Consumer		--		--		--		--		--			--
Other		--		--		--		--		--			--

		16,054		13,237		2,900		13,237		57			61

Total
Commercial		1,979		1,979		423		1,979		5			13
Agricultural		56		51		--		51		(9	)		--
Commercial Construction		13,382		7,824		1,548		7,824		8			8
Residential Construction		--		--		--		--		--			--
Commercial Real Estate		27,662		26,795		407		26,795		176			178
Residential Real Estate		8,075		6,596		289		6,596		57			61
Farmland		1,673		1,672		233		1,672		(2	)		1
Consumer		256		251		--		251		4			5
Other		203		203		--		203		2			2

	$	53,286	$	45,371	$	2,900	$	45,371	$	241		$	268

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

December 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	$	305	$	305	$	--	$	216	$	24	$	25
Agricultural		--		--		--		10		--		--
Commercial Construction		7,856		4,750		--		4,106		35		41
Residential Construction		--		--		--		--		--		--
Commercial Real Estate		20,121		19,253		--		13,199		494		504
Residential Real Estate		7,837		6,362		--		4,564		224		209
Farmland		303		303		--		1,859		1		1
Consumer		313		307		--		253		18		21
Other		9		9		--		2		1		1

		36,744		31,289		--		24,209		797		802

With An Allowance Recorded
Commercial		1,453		1,453		434		1,689		15		21
Agricultural		--		--		--		--		--		--
Commercial Construction		5,923		3,472		830		5,025		--		--
Residential Construction		--		--		--		--		--		--
Commercial Real Estate		5,874		5,874		424		11,072		157		148
Residential Real Estate		1,949		1,849		526		3,662		26		24
Farmland		1,327		1,327		85		664		45		47
Consumer		--		--		--		--		--		--
Other		--		--		--		--		--		--

		16,526		13,975		2,299		22,112		243		240

Total
Commercial		1,758		1,758		434		1,905		39		46
Agricultural		--		--		--		10		--		--
Commercial Construction		13,779		8,222		830		9,131		35		41
Residential Construction		--		--		--		--		--		--
Commercial Real Estate		25,995		25,127		424		24,271		651		652
Residential Real Estate		9,786		8,211		526		8,226		250		233
Farmland		1,630		1,630		85		2,523		46		48
Consumer		313		307		--		253		18		21
Other		9		9		--		2		1		1

	$	53,270	$	45,264	$	2,299	$	46,321	$	1,040	$	1,042

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

Loans modified in troubled debt restructuring

	Three Months Ended March 31, 2014
Troubled Debt Restructurings
	# of Contracts		Pre-Modification		Post-Modification

Commercial RE		2	$	1,771	$	1,775

Total Loans		2	$	1,771	$	1,775

	Three Months Ended March 31, 2013
Troubled Debt Restructurings
	# of Contracts		Pre-Modification		Post-Modification

Commercial Real Estate		1	$	84	$	81
Residential Real Estate		2		1,024		1,001

Total Loans		3	$	1,108	$	1,082