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Loans (Tables)
 9 Months Ended
Sep. 30, 2015
Receivables [Abstract]  
Schedule of loans, excluding loans held for sale
Loans, excluding loans held for sale, as of September 30, 2015 and December 31, 2014, were comprised of the following (dollars in thousands):
 
September 30,
2015
 
December 31, 2014
Commercial
$
164,025

 
$
126,981

Commercial real estate:
 

 
 

Construction and land development
68,692

 
50,863

Commercial real estate
424,404

 
391,472

Residential real estate:
 

 
 

Residential
219,415

 
175,293

Home equity
98,249

 
91,075

Consumer
6,199

 
5,241

Total loans
$
980,984

 
$
840,925
Schedule stating outstanding principal balance and the carrying amount of loan acquired
The outstanding principal balance and the carrying amount of these loans included in the consolidated balance sheets at September 30, 2015 and December 31, 2014 are as follows (dollars in thousands): 
 
September 30,
2015
 
December 31, 2014
Outstanding principal balance
$
162,190

 
$
84,892

Carrying amount
151,026

 
78,111

The outstanding principal balance and related carrying amount of acquired impaired loans, for which the Company applies FASB ASC 310-30, to account for interest earned, at September 30, 2015 and December 31, 2014 are as follows (dollars in thousands):
 
September 30,
2015
 
December 31, 2014
Outstanding principal balance
$
43,325

 
$
18,357

Carrying amount
35,569

 
14,933
Schedule of changes in the accretable yield on acquired impaired loans
The following table presents changes in the accretable yield on acquired impaired loans, for which the Company applies FASB ASC 310-30, for the nine months ended September 30, 2015 (dollars in thousands):
 
Accretable Yield
Balance at December 31, 2014
$
1,440

Additions from merger with MainStreet
7,647

Accretion
(1,437
)
Other changes, net
(589
)
Balance at September 30, 2015
$
7,061
Schedule of analysis by portfolio segment of the entity's past due loans
The following table shows an analysis by portfolio segment of the Company's past due loans at September 30, 2015 (dollars in thousands):
 
30- 59 Days
Past Due
 
60-89 Days
Past Due
 
90 Days +
Past Due
and Still
Accruing
 
Non-
Accrual
Loans
 
Total
Past
Due
 
Current
 
Total
Loans
Commercial
$
4

 
$
—

 
$
—

 
$
103

 
$
107

 
$
163,918

 
$
164,025

Commercial real estate:
 

 
 

 
 

 
 

 
 

 
 

 
 

Construction and land development
84

 
—

 
—

 
263

 
347

 
68,345

 
68,692

Commercial real estate
137

 
598

 
—

 
2,651

 
3,386

 
421,018

 
424,404

Residential:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential
709

 
235

 
—

 
1,368

 
2,312

 
217,103

 
219,415

Home equity
58

 
32

 
—

 
960

 
1,050

 
97,199

 
98,249

Consumer
3

 
34

 
—

 
14

 
51

 
6,148

 
6,199

Total
$
995

 
$
899

 
$
—

 
$
5,359

 
$
7,253

 
$
973,731

 
$
980,984


The following table shows an analysis by portfolio segment of the Company's past due loans at December 31, 2014 (dollars in thousands):
 
30- 59 Days
Past Due
 
60-89 Days
Past Due
 
90 Days +
Past Due
and Still
Accruing
 
Non-
Accrual
Loans
 
Total
Past
Due
 
Current
 
Total
Loans
Commercial
$
114

 
$
165

 
$
—

 
$
—

 
$
279

 
$
126,702

 
$
126,981

Commercial real estate:
 

 
 

 
 

 
 

 
 

 
 

 
 

Construction and land development
44

 
269

 
—

 
279

 
592

 
50,271

 
50,863

Commercial real estate
257

 
—

 
—

 
3,010

 
3,267

 
388,205

 
391,472

Residential:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential
390

 
325

 
—

 
560

 
1,275

 
174,018

 
175,293

Home equity
223

 
60

 
—

 
262

 
545

 
90,530

 
91,075

Consumer
1

 
42

 
—

 
1

 
44

 
5,197

 
5,241

Total
$
1,029

 
$
861

 
$
—

 
$
4,112

 
$
6,002

 
$
834,923

 
$
840,925
Schedule of impaired loan balances by portfolio segment
The following table presents the Company's impaired loan balances by portfolio segment, excluding loans acquired with deteriorated credit quality, at September 30, 2015 (dollars in thousands):
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial
$
107

 
$
108

 
$
—

 
$
203

 
$
—

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
249

 
306

 
—

 
382

 
—

Commercial real estate
1,108

 
1,425

 
—

 
1,524

 
—

Residential:
 

 
 

 
 

 
 

 
 

Residential
920

 
921

 
—

 
626

 
—

Home equity
803

 
803

 
—

 
695

 
—

Consumer
15

 
15

 
—

 
34

 
1

 
$
3,202

 
$
3,578

 
$
—

 
$
3,464

 
$
1

With a related allowance recorded:
 

 
 

 
 

 
 

 
 

Commercial
—

 
—

 
—

 
—

 
—

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
413

 
413

 
2

 
484

 
21

Commercial real estate
249

 
249

 
6

 
254

 
12

Residential
 

 
 

 
 

 
 

 
 

Residential
379

 
379

 
24

 
333

 
10

Home equity
106

 
106

 
2

 
24

 
—

Consumer
—

 
—

 
—

 
—

 
—

 
$
1,147

 
$
1,147

 
$
34

 
$
1,095

 
$
43

Total:
 

 
 

 
 

 
 

 
 

Commercial
$
107

 
$
108

 
$
—

 
$
203

 
$
—

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
662

 
719

 
2

 
866

 
21

Commercial real estate
1,357

 
1,674

 
6

 
1,778

 
12

Residential:
 

 
 

 
 

 
 

 
 

Residential
1,299

 
1,300

 
24

 
959

 
10

Home equity
909

 
909

 
2

 
719

 
—

Consumer
15

 
15

 
—

 
34

 
1

 
$
4,349

 
$
4,725

 
$
34

 
$
4,559

 
$
44


The following table presents the Company's impaired loan balances by portfolio segment, excluding loans acquired with deteriorated credit quality, at December 31, 2014 (dollars in thousands):
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial
$
7

 
$
7

 
$
—

 
$
12

 
$
1

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
280

 
325

 
—

 
448

 
—

Commercial real estate
1,520

 
1,797

 
—

 
1,844

 
—

Residential:
 

 
 

 
 

 
 

 
 

Residential
603

 
603

 
—

 
723

 
8

Home equity
256

 
256

 
—

 
316

 
—

Consumer
1

 
1

 
—

 
2

 
—

 
$
2,667

 
$
2,989

 
$
—

 
$
3,345

 
$
9

With a related allowance recorded:
 

 
 

 
 

 
 

 
 

Commercial
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
576

 
577

 
12

 
593

 
34

Commercial real estate
1,275

 
1,422

 
149

 
1,297

 
8

Residential:
 

 
 

 
 

 
 

 
 

Residential
4

 
4

 
1

 
4

 
—

Home equity
—

 
—

 
—

 
—

 
—

Consumer
15

 
15

 
3

 
17

 
1

 
$
1,870

 
$
2,018

 
$
165

 
$
1,911

 
$
43

Total:
 

 
 

 
 

 
 

 
 

Commercial
$
7

 
$
7

 
$
—

 
$
12

 
$
1

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
856

 
902

 
12

 
1,041

 
34

Commercial real estate
2,795

 
3,219

 
149

 
3,141

 
8

Residential:
 

 
 

 
 

 
 

 
 

Residential
607

 
607

 
1

 
727

 
8

Home equity
256

 
256

 
—

 
316

 
—

Consumer
16

 
16

 
3

 
19

 
1

 
$
4,537

 
$
5,007

 
$
165

 
$
5,256

 
$
52
Schedule of detail of loans modified as troubled debt restructurings
The following tables show the detail of loans modified as troubled debt restructurings ("TDRs") during the three and nine months ended September 30, 2015 included in the impaired loan balances (dollars in thousands):
 
 
Loans Modified as a TDR for the
 
 
Three Months Ended September 30, 2015
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
2

 
$
52

 
$
31

Commercial real estate
 
—

 
—

 
—

Construction and land development
 
—

 
—

 
—

Home Equity
 
1

 
106

 
106

Residential real estate
 
1

 
382

 
294

Consumer
 
—

 
—

 
—

Total
 
4

 
$
540

 
$
431

 
 
Loans Modified as a TDR for the
 
 
Nine Months Ended September 30, 2015
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
2

 
$
52

 
$
31

Commercial real estate
 
3

 
256

 
249

Construction and land development
 
—

 
—

 
—

Home Equity
 
1

 
106

 
106

Residential real estate
 
5

 
776

 
680

Consumer
 
—

 
—

 
—

Total
 
11

 
$
1,190

 
$
1,066

The following tables show the detail of loans modified as TDRs during the three and nine months ended September 30, 2014 included in the impaired loan balances (dollars in thousands):
 
 
Loans Modified as a TDR for the
 
 
Three Months Ended September 30, 2014
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
—

 
$
—

 
$
—

Commercial real estate
 
—

 
—

 
—

Construction and land development
 
—

 
—

 
—

Home Equity
 
—

 
—

 
—

Residential real estate
 
—

 
—

 
—

Consumer
 
—

 
—

 
—

Total
 
—

 
$
—

 
$
—




 
 
Loans Modified as a TDR for the
 
 
Nine Months Ended September 30, 2014
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
—

 
$
—

 
$
—

Commercial real estate
 
1

 
182

 
179

Construction and land development
 
—

 
—

 
—

Home Equity
 
1

 
8

 
8

Residential real estate
 
2

 
121

 
115

Consumer
 
—

 
—

 
—

Total
 
4

 
$
311

 
$
302
Schedule of commercial loan portfolio broken down by internal risk grading
The following table shows the Company's loan portfolio broken down by internal risk grading as of September 30, 2015 (dollars in thousands):
Commercial and Consumer Credit Exposure
Credit Risk Profile by Internally Assigned Grade
 
Commercial
 
Commercial
Real Estate
Construction
 
Commercial
Real Estate
Other
 
Residential
 
Home
Equity
Pass
$
162,525

 
$
63,538

 
$
411,483

 
$
198,067

 
$
95,351

Special Mention
1,362

 
1,579

 
6,179

 
16,268

 
1,528

Substandard
138

 
3,575

 
6,742

 
5,080

 
1,370

Doubtful
—

 
—

 
—

 
—

 
—

Total
$
164,025

 
$
68,692

 
$
424,404

 
$
219,415

 
$
98,249

Consumer Credit Exposure
Credit Risk Profile Based on Payment Activity
 
Consumer
 
 
Performing
$
6,148

Nonperforming
51

Total
$
6,199

 
The following table shows the Company's loan portfolio broken down by internal risk grading as of December 31, 2014 (dollars in thousands):
Commercial and Consumer Credit Exposure
Credit Risk Profile by Internally Assigned Grade
 
Commercial
 
Commercial
Real Estate
Construction
 
Commercial
Real Estate
Other
 
Residential
 
Home
Equity
Pass
$
125,405

 
$
45,534

 
$
382,607

 
$
165,367

 
$
88,646

Special Mention
1,569

 
569

 
4,889

 
6,709

 
1,801

Substandard
7

 
4,760

 
3,976

 
3,217

 
628

Doubtful
—

 
—

 
—

 
—

 
—

Total
$
126,981

 
$
50,863

 
$
391,472

 
$
175,293

 
$
91,075

Consumer Credit Exposure
Credit Risk Profile Based on Payment Activity
 
Consumer
 
 
Performing
$
5,240

Nonperforming
1

Total
$
5,241