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Loans (Tables)
 3 Months Ended
Mar. 31, 2016
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Schedule of classes of loan portfolio summarized by the aggregate risk rating
The following table presents the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard, and doubtful within the Corporation’s internal risk rating system as of March 31, 2016, and December 31, 2015:
 
In thousands
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
MARCH 31, 2016
 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
121,294

 
$
3,941

 
$
2,341

 
$
—

 
$
127,576

Commercial real estate
 
264,280

 
17,510

 
15,265

 
—

 
297,055

Commercial real estate construction
 
13,241

 
2,081

 
374

 
—

 
15,696

Residential mortgage
 
345,633

 
5,316

 
1,095

 
—

 
352,044

Home equity lines of credit
 
59,033

 
1,110

 
129

 
—

 
60,272

Consumer
 
14,347

 
—

 
—

 
—

 
14,347

 
 
$
817,828

 
$
29,958

 
$
19,204

 
$
—

 
$
866,990

 
 
 
 
 
 
 
 
 
 
 
DECEMBER 31, 2015
 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
112,037

 
$
3,744

 
$
1,911

 
$
—

 
$
117,692

Commercial real estate
 
252,071

 
23,421

 
14,407

 
—

 
289,899

Commercial real estate construction
 
11,087

 
1,968

 
374

 
—

 
13,429

Residential mortgage
 
350,537

 
5,548

 
1,143

 
—

 
357,228

Home equity lines of credit
 
58,856

 
1,138

 
130

 
—

 
60,124

Consumer
 
14,588

 
—

 
—

 
—

 
14,588

 
 
$
799,176

 
$
35,819

 
$
17,965

 
$
—

 
$
852,960
Summary of information relative to impaired loans by loan portfolio class
The following table summarizes information relative to impaired loans by loan portfolio class as of March 31, 2016, and December 31, 2015:
 
 
 
Impaired Loans with  Allowance
 
Impaired Loans with
No Allowance
In thousands
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Recorded
Investment
 
Unpaid
Principal
Balance
MARCH 31, 2016
 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
—

 
$
—

 
$
—

 
$
1,407

 
$
1,407

Commercial real estate
 
—

 
—

 
—

 
8,622

 
8,832

Commercial real estate construction
 
—

 
—

 
—

 
475

 
749

Residential mortgage
 
—

 
—

 
—

 
349

 
349

 
 
$
—

 
$
—

 
$
—

 
$
10,853

 
$
11,337

 
 
 
 
 
 
 
 
 
 
 
DECEMBER 31, 2015
 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
—

 
$
—

 
$
—

 
$
1,471

 
$
1,471

Commercial real estate
 
—

 
—

 
—

 
8,185

 
8,396

Commercial real estate construction
 
—

 
—

 
—

 
374

 
648

Residential mortgage
 
—

 
—

 
—

 
461

 
461

 
 
$
—

 
$
—

 
$
—

 
$
10,491

 
$
10,976
Summary of information in regards to the average of impaired loans and related income by loan portfolio class
The following table summarizes information in regards to the average of impaired loans and related interest income by loan portfolio class for the three months ended March 31, 2016 and 2015:
 
 
 
Impaired Loans with
Allowance
 
Impaired Loans with
No Allowance
In thousands
 
Average
Recorded
Investment
 
Interest
Income
 
Average
Recorded
Investment
 
Interest
Income
MARCH 31, 2016
 
 

 
 

 
 

 
 

Commercial and industrial
 
$
—

 
$
—

 
$
1,439

 
$
—

Commercial real estate
 
—

 
—

 
8,404

 
118

Commercial real estate construction
 
—

 
—

 
374

 
—

Residential mortgage
 
—

 
—

 
455

 
5

 
 
$
—

 
$
—

 
$
10,672

 
$
123

 
 
 
 
 
 
 
 
 
MARCH 31, 2015
 
 

 
 

 
 

 
 

Commercial and industrial
 
$
—

 
$
—

 
$
1,694

 
$
—

Commercial real estate
 
—

 
—

 
9,941

 
57

Commercial real estate construction
 
—

 
—

 
347

 
—

Residential mortgage
 
694

 
—

 
570

 
5

 
 
$
694

 
$
—

 
$
12,552

 
$
62
Schedule of nonaccrual loans by loan portfolio class
The following table presents nonaccrual loans by loan portfolio class as of March 31, 2016, and December 31, 2015: 

In thousands
 
March 31, 2016
 
December 31, 2015
Commercial and industrial
 
$
1,407

 
$
1,471

Commercial real estate
 
2,155

 
1,676

Commercial real estate construction
 
374

 
374

Residential mortgage
 
170

 
178

 
 
$
4,106

 
$
3,699
Summary of information relative to trouble debt restructurings by loan portfolio class
The following table summarizes information relative to troubled debt restructurings by loan portfolio class as of March 31, 2016, and December 31, 2015:
 
In thousands
 
Pre-Modification
Outstanding Recorded Investment
 
Post-Modification
Outstanding Recorded Investment
 
Recorded
Investment at Period End
MARCH 31, 2016
 
 

 
 

 
 

Nonaccruing troubled debt restructurings:
 
 

 
 

 
 

Commercial real estate
 
$
1,021

 
$
1,021

 
$
439

Commercial real estate construction
 
1,548

 
1,541

 
74

Total nonaccruing troubled debt restructurings
 
2,569

 
2,562

 
513

Accruing troubled debt restructurings:
 
 

 
 

 
 

Commercial real estate
 
7,118

 
7,170

 
6,467

Residential mortgage
 
336

 
336

 
280

Total accruing troubled debt restructurings
 
7,454

 
7,506

 
6,747

Total Troubled Debt Restructurings
 
$
10,023

 
$
10,068

 
$
7,260

 
 
 
 
 
 
 
DECEMBER 31, 2015
 
 

 
 

 
 

Nonaccruing troubled debt restructurings:
 
 

 
 

 
 

Commercial real estate
 
$
1,021

 
$
1,021

 
$
460

Commercial real estate construction
 
1,548

 
1,541

 
74

Total nonaccruing troubled debt restructurings
 
2,569

 
2,562

 
534

Accruing troubled debt restructurings:
 
 
 
 
 
 
Commercial real estate
 
7,118

 
7,170

 
6,509

Residential mortgage
 
336

 
336

 
283

Total accruing troubled debt restructurings
 
7,454

 
7,506

 
6,792

Total Troubled Debt Restructurings
 
$
10,023

 
$
10,068

 
$
7,326
Schedule of classes of loan portfolio summarized by the past due status
The following table presents the classes of the loan portfolio summarized by the past due status as of March 31, 2016, and December 31, 2015:

In thousands
 
30-59 Days Past Due
 
60-89 Days
Past Due
 
>90 Days
Past Due
 
Total Past
Due
 
Current
 
Total Loans
Receivable
 
Loans
Receivable
>90 Days
and
Accruing
MARCH 31, 2016
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
12

 
$
—

 
$
1,407

 
$
1,419

 
$
126,157

 
$
127,576

 
$
—

Commercial real estate
 
12

 
613

 
1,271

 
1,896

 
295,159

 
297,055

 
—

Commercial real estate construction
 
—

 
—

 
374

 
374

 
15,322

 
15,696

 
—

Residential mortgage
 
2,664

 
183

 
1,425

 
4,272

 
347,772

 
352,044

 
1,265

Home equity lines of credit
 
448

 
—

 
200

 
648

 
59,624

 
60,272

 
200

Consumer
 
18

 
8

 
5

 
31

 
14,316

 
14,347

 
5

 
 
$
3,154

 
$
804

 
$
4,682

 
$
8,640

 
$
858,350

 
$
866,990

 
$
1,470

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
DECEMBER 31, 2015
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
16

 
$
61

 
$
1,471

 
$
1,548

 
$
116,144

 
$
117,692

 
$
—

Commercial real estate
 
77

 
1,047

 
743

 
1,867

 
288,032

 
289,899

 
—

Commercial real estate construction
 
—

 
—

 
374

 
374

 
13,055

 
13,429

 
—

Residential mortgage
 
1,686

 
248

 
2,082

 
4,016

 
353,212

 
357,228

 
1,904

Home equity lines of credit
 
186

 
—

 
228

 
414

 
59,710

 
60,124

 
228

Consumer
 
26

 
26

 
—

 
52

 
14,536

 
14,588

 
—

 
 
$
1,991

 
$
1,382

 
$
4,898

 
$
8,271

 
$
844,689

 
$
852,960

 
$
2,132
Summary of allowance for loan losses and recorded investment in loans receivable
The following tables summarize the allowance for loan losses and recorded investment in loans receivable:
In thousands
 
Commercial
and
Industrial
 
Commercial
Real Estate
 
Commercial
Real Estate
Construction
 
Residential
Mortgage
 
Home Equity
Lines of
Credit
 
Consumer
 
Unallocated
 
Total
AS OF AND FOR THE PERIOD ENDED MARCH 31, 2016
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Allowance for Loan Losses
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance - January 1, 2016
 
$
2,508

 
$
5,216

 
$
112

 
$
3,349

 
$
619

 
$
1,083

 
$
1,860

 
$
14,747

Charge-offs
 
(64
)
 
—

 
(135
)
 
(39
)
 
(9
)
 
(13
)
 
—

 
(260
)
Recoveries
 
5

 
—

 
41

 
3

 
—

 
4

 
—

 
53

Provisions
 
244

 
349

 
96

 
(22
)
 
7

 
(24
)
 
(650
)
 
—

Ending balance - March 31, 2016
 
$
2,693

 
$
5,565

 
$
114

 
$
3,291

 
$
617

 
$
1,050

 
$
1,210

 
$
14,540

Ending balance: individually evaluated for impairment
 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Ending balance: collectively evaluated for impairment
 
$
2,693

 
$
5,565

 
$
114

 
$
3,291

 
$
617

 
$
1,050

 
$
1,210

 
$
14,540

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans Receivable
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending balance
 
$
127,576

 
$
297,055

 
$
15,696

 
$
352,044

 
$
60,272

 
$
14,347

 
$
—

 
$
866,990

Ending balance: individually evaluated for impairment
 
$
1,407

 
$
8,622

 
$
374

 
$
450

 
$
—

 
$
—

 
$
—

 
$
10,853

Ending balance: collectively evaluated for impairment
 
$
126,169

 
$
288,433

 
$
15,322

 
$
351,594

 
$
60,272

 
$
14,347

 
$
—

 
$
856,137

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AS OF AND FOR THE PERIOD ENDED MARCH 31, 2015
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning Balance - January 1, 2015
 
$
2,048

 
$
5,872

 
$
194

 
$
3,845

 
$
557

 
$
1,050

 
$
1,606

 
$
15,172

Charge-offs
 
(36
)
 
—

 
—

 
(76
)
 
—

 
(21
)
 
—

 
(133
)
Recoveries
 
23

 
—

 
—

 
2

 
—

 
1

 
—

 
26

Provisions
 
135

 
(372
)
 
(26
)
 
(180
)
 
(20
)
 
—

 
463

 
—

Ending balance - March 31, 2015
 
$
2,170

 
$
5,500

 
$
168

 
$
3,591

 
$
537

 
$
1,030

 
$
2,069

 
$
15,065

Ending balance: individually evaluated for impairment
 
$
—

 
$
—

 
$
—

 
$
302

 
$
—

 
$
—

 
$
—

 
$
302

Ending balance: collectively evaluated for impairment
 
$
2,170

 
$
5,500

 
$
168

 
$
3,289

 
$
537

 
$
1,030

 
$
2,069

 
$
14,763

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans Receivable
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending balance
 
$
91,294

 
$
286,227

 
$
14,580

 
$
353,730

 
$
54,564

 
$
14,815

 
$
—

 
$
815,210

Ending balance: individually evaluated for impairment
 
$
1,659

 
$
9,884

 
$
328

 
$
1,007

 
$
—

 
$
—

 
$
—

 
$
12,878

Ending balance: collectively evaluated for impairment
 
$
89,635

 
$
276,343

 
$
14,252

 
$
352,723

 
$
54,564

 
$
14,815

 
$
—

 
$
802,332

In thousands
 
Commercial
and
Industrial
 
Commercial
Real Estate
 
Commercial
Real Estate
Construction
 
Residential
Mortgage
 
Home Equity
Lines of
Credit
 
Consumer
 
Unallocated
 
Total
AS OF DECEMBER 31, 2015
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Allowance for Loan Losses
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending balance
 
$
2,508

 
$
5,216

 
$
112

 
$
3,349

 
$
619

 
$
1,083

 
$
1,860

 
$
14,747

Ending balance: individually evaluated for impairment
 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Ending balance: collectively evaluated for impairment
 
$
2,508

 
$
5,216

 
$
112

 
$
3,349

 
$
619

 
$
1,083

 
$
1,860

 
$
14,747

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans Receivable
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending balance
 
$
117,692

 
$
289,899

 
$
13,429

 
$
357,228

 
$
60,124

 
$
14,588

 
$
—

 
$
852,960

Ending balance: individually evaluated for impairment
 
$
1,471

 
$
8,185

 
$
374

 
$
461

 
$
—

 
$
—

 
$
—

 
$
10,491

Ending balance: collectively evaluated for impairment
 
$
116,221

 
$
281,714

 
$
13,055

 
$
356,767

 
$
60,124

 
$
14,588

 
$
—

 
$
842,469