XML 53 R22.htm IDEA: XBRL DOCUMENT v3.2.0.727
Loans (Tables)
 6 Months Ended
Jun. 30, 2015
Loans Receivable, Net [Abstract]  
Summary Of Major Classifications For Loans
The following summarizes the Company’s major classifications for loans (in thousands):
 
June 30, 2015
December 31, 2014
Residential real estate
$
1,325,453

$
1,294,576

Home equity – junior liens
143,772

145,604

Commercial and industrial
142,065

140,548

Commercial real estate
1,032,333

1,028,831

Consumer
37,555

39,705

DDA overdrafts
3,279

2,802

Gross loans
2,684,457

2,652,066

Allowance for loan losses
(20,809
)
(20,150
)
Net loans
$
2,663,648

$
2,631,916
Composition Of Loans Acquired At Acquisition
The following table details the loans acquired in conjunction with the Virginia Savings Bancorp, Inc. ("Virginia Savings") and Community Financial Corporation ("Community") acquisitions (in thousands):
 
Virginia
 
 
 
Savings
Community
Total
June 30, 2015
 
 
 
Outstanding loan balance
$
33,408

$
199,676

$
233,084

 
 
 
 
Credit-impaired loans:
 
 
 
Carrying value
1,984

13,958

15,942

Contractual principal and interest
2,376

18,546

20,922

 
 
 
 
December 31, 2014
 
 
 
Outstanding loan balance
$
38,345

$
219,923

$
258,268

 
 
 
 
Credit-impaired loans:
 
 
 
Carrying value
1,964

15,365

17,329

Contractual principal and interest
2,407

23,277

25,684
Activity For The Accretable Yield
Changes in the accretable yield of the credit-impaired loans for the six months ended June 30, 2015 is as follows (in thousands):
 
Virginia Savings
 
Community
 
Total
 
 
Carrying
 
 
Carrying
 
 
Carrying
 
Accretable
Amount
 
Accretable
Amount
 
Accretable
Amount
 
Yield
of Loans
 
Yield
of Loans
 
Yield
of Loans
Balance at the beginning of the period
$
428

$
1,964

 
$
9,906

$
15,365

 
$
10,334

$
17,329

Accretion
(105
)
105

 
(1,437
)
1,437

 
(1,542
)
1,542

Net reclassifications to accretable yield from
 
 
 
 
 
 
 
 
   non-accretable yield
—

—

 
937

—

 
937

—

Payments received, net
—

(85
)
 
—

(1,325
)
 
—

(1,410
)
Disposals
(18
)
—

 
(821
)
(1,519
)
 
(839
)
(1,519
)
Balance at the end of period
$
305

$
1,984

 
$
8,585

$
13,958

 
$
8,890

$
15,942