Loans (Tables)

6 Months Ended

Jun. 30, 2014

Loans [Abstract]

Loans segregated by class of loans

The following table presents the composition of loans segregated by class of loans, as of June 30, 2014 and December 31, 2013.

	June 30, 2014		December 31, 2013
Commercial and Agricultural
Commercial	$	41,840	$	48,107
Agricultural		18,568		10,666
Real Estate
Commercial Construction		50,180		52,739
Residential Construction		10,875		6,549
Commercial		332,895		341,783
Residential		201,513		206,258
Farmland		49,175		47,035
Consumer and Other
Consumer		23,548		25,676
Other		7,169		12,405
Total Loans	$	735,763	$	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 June 30, 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.

June 30, 2014
	Pass		Special Mention		Substandard		Total Loans
Commercial and Agricultural
Commercial	$	35,680	$	2,966	$	3,194	$	41,840
Agricultural		18,394		5		169		18,568
Real Estate
Commercial Construction		42,273		1,948		5,959		50,180
Residential Construction		10,774		101		-		10,875
Commercial		299,106		19,154		14,635		332,895
Residential		179,234		13,251		9,028		201,513
Farmland		47,602		426		1,147		49,175
Consumer and Other
Consumer		22,766		225		557		23,548
Other		6,946		-		223		7,169
Total Loans	$	662,775	$	38,076	$	34,912	$	735,763

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 June 30, 2014 and December 31, 2013:

June 30, 2014
	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	$	717	$	-	$	717	$	1,515	$	39,608	$	41,840
Agricultural		73		-		73		64		18,431		18,568
Real Estate
Commercial Construction		548		-		548		4,955		44,677		50,180
Residential Construction		263		-		263		-		10,612		10,875
Commercial		2,356		-		2,356		8,099		322,440		332,895
Residential		4,106		-		4,106		3,706		193,701		201,513
Farmland		491		-		491		615		48,069		49,175
Consumer and Other
Consumer		411		11		422		222		22,904		23,548
Other		14		-		14		191		6,964		7,169
Total Loans	$	8,979	$	11	$	8,990	$	19,367	$	707,406	$	735,763

December 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	$	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 June 30, 2014:

June 30, 2014
	Unpaid
	Contractual						Average		Interest			Interest
	Principal		Impaired		Related		Recorded		Income			Income
	Balance		Balance		Allowance		Investment		Recognized			Collected
With No Related Allowance Recorded
Commercial	$	1,728	$	1,415	$	-	$	1,007	$	5		$	13
Agricultural		70		64		-		57		(7	)		3
Commercial Construction		5,894		2,586		-		3,470		2			2
Residential Construction		-		-		-		-		-			-
Commercial Real Estate		21,215		19,831		-		20,258		264			283
Residential Real Estate		7,021		5,568		-		5,605		108			100
Farmland		1,016		1,015		-		681		4			7
Consumer		227		221		-		236		7			10
Other		191		191		-		197		4			5
		37,362		30,891		-		31,511		387			423
With An Allowance Recorded
Commercial		101		102		102		741		-			-
Agricultural		-		-		-		-		-			-
Commercial Construction		4,171		2,369		1,082		2,920		-			-
Residential Construction		-		-		-		-		-			-
Commercial Real Estate		7,485		7,485		772		6,797		138			140
Residential Real Estate		956		948		310		951		23			26
Farmland		-		-		-		662		-			-
Consumer		-		-		-		-		-			-
Other		-		-		-		-		-			-
		12,713		10,904		2,266		12,071		161			166
Total
Commercial		1,829		1,517		102		1,748		5			13
Agricultural		70		64		-		57		(7	)		3
Commercial Construction		10,065		4,955		1,082		6,390		2			2
Residential Construction		-		-		-		-		-			-
Commercial Real Estate		28,700		27,316		772		27,055		402			423
Residential Real Estate		7,977		6,516		310		6,556		131			126
Farmland		1,016		1,015		-		1,343		4			7
Consumer		227		221		-		236		7			10
Other		191		191		-		197		4			5
	$	50,075	$	41,795	$	2,266	$	43,582	$	548		$	589

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 June 30, 2013:

June 30, 2013
	Unpaid
	Contractual						Average		Interest		Interest
	Principal		Impaired		Related		Recorded		Income		Income
	Balance		Balance		Allowance		Investment		Recognized		Collected
With No Related Allowance Recorded
Commercial	$	174	$	172	$	-	$	147	$	4	$	6
Agricultural		-		-		-		20		-		-
Commercial Construction		3,969		1,699		-		3,330		12		12
Residential Construction		-		-		-		-		-		-
Commercial Real Estate		10,879		10,148		-		12,740		112		133
Residential Real Estate		4,327		3,685		-		3,033		62		67
Farmland		2,307		2,307		-		2,427		1		1
Consumer		217		206		-		212		4		6
Other		-		-		-		-		-		-
		21,873		18,217		-		21,909		195		225
With An Allowance Recorded
Commercial		2,374		2,374		551		1,919		22		30
Agricultural		-		-		-		-		-		-
Commercial Construction		11,017		8,467		1,580		6,578		6		9
Residential Construction		-		-		-		-		-		-
Commercial Real Estate		13,436		13,436		1,080		11,677		240		234
Residential Real Estate		4,791		4,078		982		4,997		40		37
Farmland		-		-		-		-		-		-
Consumer		-		-		-		-		-		-
Other		-		-		-		-		-		-
		31,618		28,355		4,193		25,171		308		310
Total
Commercial		2,548		2,546		551		2,066		26		36
Agricultural		-		-		-		20		-		-
Commercial Construction		14,986		10,166		1,580		9,908		18		21
Residential Construction		-		-		-		-		-		-
Commercial Real Estate		24,315		23,584		1,080		24,417		352		367
Residential Real Estate		9,118		7,763		982		8,030		102		104
Farmland		2,307		2,307		-		2,427		1		1
Consumer		217		206		-		212		4		6
Other		-		-		-		-		-		-
	$	53,491	$	46,572	$	4,193	$	47,080	$	503	$	535

Loans modified in troubled debt restructuring

	Three Months Ended June 30, 2014						Six Months Ended June 30, 2014
Troubled Debt Restructurings
	# of Contracts		Pre-Modification		Post-Modification		# of Contracts		Pre-Modification		Post-Modification
Commercial Real Estate		-	$	-	$	-		2	$	1,771	$	1,775
Residential Real Estate		1		49		49		1		49		49
Farmland		1		401		401		1		401		401
Total Loans		2	$	450	$	450		4	$	2,221	$	2,225

	Three Months Ended June 30, 2013						Six Months Ended June 30, 2013
Troubled Debt Restructurings
	# of Contracts		Pre-Modification		Post-Modification		# of Contracts		Pre-Modification		Post-Modification
Commercial		-	$	-	$	-		1	$	84	$	81
Commercial Construction		2		229		226		2		229		226
Commercial Real Estate		1		226		226		1		226		226
Residential Real Estate		-		-		-		2		1,024		1,001
Total Loans		3	$	455	$	452		6	$	1,563	$	1,534