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Allowance for Loan Losses and Reserve for Unfunded Lending Commitments (Tables)
 9 Months Ended
Sep. 30, 2014
Allowance for Loan Losses and Reserve for Unfunded Lending Commitments [Abstract]  
Schedule of changes in the allowance for loan losses
The reserve for unfunded loan commitments is included in other liabilities.
(in thousands)
 
Nine Months Ended
September 30, 2014
  
Year Ended
December 31, 2013
  
Nine Months Ended
September 30, 2013
 
 
 
  
  
 
Allowance for Loan Losses
 
  
  
 
Balance, beginning of period
 
$
12,600
  
$
12,118
  
$
12,118
 
Provision for loan losses
  
150
   
294
   
294
 
Charge-offs
  
(398
)
  
(837
)
  
(629
)
Recoveries
  
268
   
1,025
   
901
 
Balance, end of period
 
$
12,620
  
$
12,600
  
$
12,684
 
 
            
Reserve for Unfunded Lending Commitments
            
Balance, beginning of period
 
$
210
  
$
201
  
$
201
 
Provision for (recovery of) loan losses
  
(55
)
  
9
   
1
 
Charge-offs
  
-
   
-
   
-
 
Balance, end of period
 
$
155
  
$
210
  
$
202
 

The following table presents the Company's allowance for loan losses by portfolio segment and the related loan balance total by segment at September 30, 2014.

 
 
Commercial
  
Commercial
Real Estate
  
Residential
Real Estate
  
Consumer
  
Unallocated
  
Total
 
(in thousands)
 
  
  
  
  
  
 
Allowance for Loan Losses
 
  
  
  
  
  
 
Balance as of December 31, 2013
 
$
1,810
  
$
6,819
  
$
3,690
  
$
99
  
$
182
  
$
12,600
 
Charge-offs
  
(101
)
  
-
   
(240
)
  
(57
)
  
-
   
(398
)
Recoveries
  
42
   
51
   
113
   
62
   
-
   
268
 
Provision for loan losses
  
70
   
139
   
156
   
(33
)
  
(182
)
  
150
 
Balance as of September 30, 2014
 
$
1,821
  
$
7,009
  
$
3,719
  
$
71
  
$
-
  
$
12,620
 
 
                        
Balance as of September 30, 2014:
                        
 
                        
Allowance for Loan Losses
                        
Individually evaluated for impairment
 
$
-
  
$
642
  
$
1
  
$
3
  
$
-
  
$
646
 
Collectively evaluated for impairment
  
1,818
   
6,118
   
3,495
   
68
   
-
   
11,499
 
Loans acquired with deteriorated credit quality
  
3
   
249
   
223
   
-
   
-
   
475
 
Total
 
$
1,821
  
$
7,009
  
$
3,719
  
$
71
  
$
-
  
$
12,620
 
 
                        
Loans
                        
Individually evaluated for impairment
 
$
9
  
$
4,059
  
$
720
  
$
18
  
$
-
  
$
4,806
 
Collectively evaluated for impairment
  
126,386
   
405,601
   
259,661
   
5,287
   
-
   
796,935
 
Loans acquired with deteriorated credit quality
  
42
   
9,143
   
5,662
   
-
   
-
   
14,847
 
Total
 
$
126,437
  
$
418,803
  
$
266,043
  
$
5,305
  
$
-
  
$
816,588
 

The following table presents the Company's allowance for loan losses by portfolio segment and the related loan balance total by segment at December 31, 2013.

 
 
Commercial
  
Commercial
Real Estate
  
Residential
Real Estate
  
Consumer
  
Unallocated
  
Total
 
(in thousands)
 
  
  
  
  
  
 
Allowance for Loan Losses
 
  
  
  
  
  
 
Balance as of December 31, 2012
 
$
1,450
  
$
6,822
  
$
3,638
  
$
208
  
$
-
  
$
12,118
 
Charge-offs
  
(129
)
  
(164
)
  
(369
)
  
(175
)
  
-
   
(837
)
Recoveries
  
335
   
323
   
244
   
123
   
-
   
1,025
 
Provision for loan losses
  
154
   
(162
)
  
177
   
(57
)
  
182
   
294
 
Balance as of December 31, 2013
 
$
1,810
  
$
6,819
  
$
3,690
  
$
99
  
$
182
  
$
12,600
 
 
                        
Balance as of December 31, 2013:
                        
 
                        
Allowance for Loan Losses
                        
Individually evaluated for impairment
 
$
-
  
$
556
  
$
-
  
$
3
  
$
-
  
$
559
 
Collectively evaluated for impairment
  
1,810
   
6,039
   
3,483
   
96
   
182
   
11,610
 
Loans acquired with deteriorated credit quality
  
-
   
224
   
207
   
-
   
-
   
431
 
Total
 
$
1,810
  
$
6,819
  
$
3,690
  
$
99
  
$
182
  
$
12,600
 
 
                        
Loans
                        
Individually evaluated for impairment
 
$
19
  
$
4,688
  
$
1,304
  
$
18
  
$
-
  
$
6,029
 
Collectively evaluated for impairment
  
122,424
   
392,720
   
250,906
   
5,948
   
-
   
771,998
 
Loans acquired with deteriorated credit quality
  
110
   
9,030
   
7,504
   
-
   
-
   
16,644
 
Total
 
$
122,553
  
$
406,438
  
$
259,714
  
$
5,966
  
$
-
  
$
794,671