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Loan and Allowance for Loan Losses (Tables)
 12 Months Ended
Dec. 31, 2013
Loans And Leases Receivable Disclosure  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
December 31
(In thousands)20132012
Commercial and industrial$57,780$59,334
Construction and land development36,47937,631
Commercial real estate:
Owner occupied56,10264,368
Other118,818119,243
Total commercial real estate174,920183,611
Residential real estate:
Consumer mortgage57,87158,087
Investment property43,83547,544
Total residential real estate101,706105,631
Consumer installment12,89312,219
Total loans383,778398,426
Less: unearned income(439)(233)
Loans, net of unearned income$383,339$398,193
Past Due Financing Receivables [Table Text Block]
AccruingAccruingTotal
30-89 DaysGreater thanAccruingNon-Total
(In thousands)CurrentPast Due90 daysLoansAccrualLoans
December 31, 2013:
Commercial and industrial$ 57,558 167 — 57,725 55$ 57,780
Construction and land development 34,883 14 — 34,897 1,582 36,479
Commercial real estate:
Owner occupied 54,214 861 — 55,075 1,027 56,102
Other 118,389 — — 118,389 429 118,818
Total commercial real estate 172,603 861 — 173,464 1,456 174,920
Residential real estate:
Consumer mortgage 56,191 745 69 57,005 866 57,871
Investment property 42,935 598 — 43,533 302 43,835
Total residential real estate 99,126 1,343 69 100,538 1,168 101,706
Consumer installment 12,789 100 4 12,893 — 12,893
Total$ 376,959 2,485 73 379,517 4,261$ 383,778
December 31, 2012:
Commercial and industrial$ 59,101 173 — 59,274 60$ 59,334
Construction and land development 35,917 8 — 35,925 1,706 37,631
Commercial real estate:
Owner occupied 63,323 — — 63,323 1,045 64,368
Other 113,344 230 — 113,574 5,669 119,243
Total commercial real estate 176,667 230 — 176,897 6,714 183,611
Residential real estate:
Consumer mortgage 55,521 1,202 58 56,781 1,306 58,087
Investment property 46,460 335 — 46,795 749 47,544
Total residential real estate 101,981 1,537 58 103,576 2,055 105,631
Consumer installment 12,157 62 — 12,219 — 12,219
Total$ 385,823 2,010 58 387,891 10,535$ 398,426
Allowance for Credit Losses on Financing Receivables [Table Text Block]
Year ended December 31
(In thousands)201320122011
Beginning balance$ 6,723$ 6,919$ 7,676
Charged-off loans (2,020) (4,334) (3,413)
Recovery of previously charged-off loans 165 323 206
Net charge-offs (1,855) (4,011) (3,207)
Provision for loan losses 400 3,815 2,450
Ending balance$ 5,268$ 6,723$ 6,919
(in thousands)Commercial and industrialConstruction and land DevelopmentCommercial Real EstateResidential Real EstateConsumer InstallmentUnallocatedTotal
Balance, December 31, 2010$9722,2232,8931,336141111$ 7,676
Charge-offs(679)(1,758)(422)(533)(21) —(3,413)
Recoveries342 —15515 — 206
Net charge-offs(645)(1,756)(422)(378)(6) —(3,207)
Provision6211,003538405(6) (111)2,450
Balance, December 31, 2011$ 948 1,470 3,009 1,363 129 —$ 6,919
Charge-offs(289)(231)(3,184)(545)(85) —(4,334)
Recoveries54467113418 — 323
Net charge-offs(235)(185)(3,113)(411)(67) —(4,011)
Provision992603,24117441 —3,815
Balance, December 31, 2012$ 812 1,545 3,137 1,126 103 —$ 6,723
Charge-offs(514)(39)(262)(808)(397) —(2,020)
Recoveries48648819 — 165
Net charge-offs(466)(33)(258)(720)(378) —(1,855)
Provision40(1,146)307708491 —400
Balance, December 31, 2013$ 386 366 3,186 1,114 216 —$ 5,268
FinancingReceivableAllowanceforCreditLossAdditionalInformationTableTextBlock
Collectively evaluated (1)Individually evaluated (2)Total
AllowanceRecordedAllowanceRecordedAllowanceRecorded
for loaninvestmentfor loaninvestmentfor loaninvestment
(In thousands)lossesin loanslossesin loanslossesin loans
December 31, 2013:
Commercial and industrial$ 386 57,656 — 124 386 57,780
Construction and land development 278 34,897 88 1,582 366 36,479
Commercial real estate 3,014 171,987 172 2,933 3,186 174,920
Residential real estate 1,114 100,780 — 926 1,114 101,706
Consumer installment 216 12,893 — — 216 12,893
Total$ 5,008 378,213 260 5,565 5,268 383,778
December 31, 2012:
Commercial and industrial$ 812 59,165 — 169 812 59,334
Construction and land development 1,416 36,008 129 1,623 1,545 37,631
Commercial real estate 3,003 176,085 134 7,526 3,137 183,611
Residential real estate 1,126 104,414 — 1,217 1,126 105,631
Consumer installment 103 12,219 — — 103 12,219
Total$ 6,460 387,891 263 10,535 6,723 398,426
(1) Represents loans collectively evaluated for impairment in accordance with ASC 450-20, Loss Contingencies
(formerly FAS 5), and pursuant to amendments by ASU 2010-20 regarding allowance for unimpaired loans
(2) Represents loans individually evaluated for impairment in accordance with ASC 310-30, Receivables (formerly
FAS 114), and pursuant to amendments by ASU 2010-20 regarding allowance for impaired loans.
Financing Receivable Credit Quality Indicators [Table Text Block]
(In thousands) Pass Special MentionSubstandard AccruingNonaccrualTotal loans
December 31, 2013
Commercial and industrial$ 53,060 4,183 482 55$ 57,780
Construction and land development 33,616 180 1,101 1,582 36,479
Commercial real estate:
Owner occupied 53,430 770 875 1,027 56,102
Other 117,490 91 808 429 118,818
Total commercial real estate 170,920 861 1,683 1,456 174,920
Residential real estate:
Consumer mortgage 50,392 1,137 5,476 866 57,871
Investment property 40,517 1,310 1,706 302 43,835
Total residential real estate 90,909 2,447 7,182 1,168 101,706
Consumer installment 12,713 34 146 — 12,893
Total$ 361,218 7,705 10,594 4,261$ 383,778
December 31, 2012
Commercial and industrial$ 58,487 224 563 60$ 59,334
Construction and land development 34,490 310 1,125 1,706 37,631
Commercial real estate:
Owner occupied 59,270 2,528 1,525 1,045 64,368
Other 111,719 653 1,202 5,669 119,243
Total commercial real estate 170,989 3,181 2,727 6,714 183,611
Residential real estate:
Consumer mortgage 49,462 1,544 5,775 1,306 58,087
Investment property 43,559 1,033 2,203 749 47,544
Total residential real estate 93,021 2,577 7,978 2,055 105,631
Consumer installment 11,850 155 214 — 12,219
Total$ 368,837 6,447 12,607 10,535$ 398,426
Impaired Financing Receivables [Table Text Block]
December 31, 2013
(In thousands)Unpaid principal balance (1)Charge-offs and payments applied (2)Recorded investment (3)Related allowance
With no allowance recorded:
Commercial and industrial$124 —124
Construction and land development2,879(1,682)1,197
Commercial real estate:
Owner occupied1,217(190)1,027
Other518(89)429
Total commercial real estate1,735(279)1,456
Residential real estate:
Consumer mortgages952(198)754
Investment property207(35)172
Total residential real estate1,159(233)926
Total $5,897(2,194)3,703
With allowance recorded:
Construction and land development452(67)38588
Commercial real estate:
Owner occupied875 —875110
Other602 —60262
Total commercial real estate1,477 —1,477172
Total $1,929 (67)1,862$ 260
Total impaired loans$7,826 (2,261)5,565$ 260
(1) Unpaid principal balance represents the contractual obligation due from the customer.
(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments that have been
applied against the outstanding principal balance.
(3) Recorded investment represents the unpaid principal balance less charge-offs and payments applied; it is shown before
any related allowance for loan losses.
December 31, 2012
(In thousands)Unpaid principal balance (1)Charge-offs and payments applied (2)Recorded investment (3)Related allowance
With no allowance recorded:
Commercial and industrial$169 —169
Construction and land development2,879 (1,682)1,197
Commercial real estate:
Owner occupied787 (212)575
Other7,914 (1,862)6,052
Total commercial real estate8,701(2,074)6,627
Residential real estate:
Consumer mortgages971 (152)819
Investment property508 (110)398
Total residential real estate1,479(262)1,217
Total $13,228 (4,018)9,210
With allowance recorded:
Construction and land development471 (45)426129
Commercial real estate:
Owner occupied899 —899134
Total commercial real estate899 —899134
Total $1,370 (45)1,325$263
Total impaired loans$14,598 (4,063)10,535$263
(1) Unpaid principal balance represents the contractual obligation due from the customer.
(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments that have been
applied against the outstanding principal balance.
(3) Recorded investment represents the unpaid principal balance less charge-offs and payments applied; it is shown before
any related allowance for loan losses.
ScheduleOfAverageImpairedFinancingReceivableTableTextBlock
Year ended December 31, 2013Year ended December 31, 2012Year ended December 31, 2011
AverageTotal interestAverageTotal interestAverageTotal interest
recordedincomerecordedincomerecordedincome
(In thousands)investmentrecognizedinvestmentrecognizedinvestmentrecognized
Impaired loans:
Commercial and industrial$1889$19413$3169
Construction and land
development1,603 —3,888 —4,136 —
Commercial real estate:
Owner occupied1,972512,449641,82824
Other1,454122,621 —2,374 —
Total commercial real estate3,426635,070644,20224
Residential real estate:
Consumer mortgages786 —861 —1,376 —
Investment property274 —652 —146 —
Total residential real estate1,060 —1,513 —1,522 —
Total $6,277 72$10,665 77$10,176 33
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
TDRs
Related
(In thousands)AccruingNonaccrualTotalAllowance
December 31, 2013
Commercial and industrial$124 —124$ —
Construction and land development —1,5821,58288
Commercial real estate:
Owner occupied8752851,160110
Other6024291,03162
Total commercial real estate1,4777142,191172
Residential real estate:
Consumer mortgages —754754 —
Investment property —172172 —
Total residential real estate —926926 —
Total $1,6013,2224,823$260
December 31, 2012
Commercial and industrial$169 —169$ —
Construction and land development —1,6231,623129
Commercial real estate:
Owner occupied8991,0451,944134
Other —432432 —
Total commercial real estate8991,4772,376134
Residential real estate:
Consumer mortgages —819819 —
Investment property —188188 —
Total residential real estate —1,0071,007 —
Total $1,0684,1075,175$263
Pre-Post-
modificationmodification
outstandingoutstanding
Number ofrecordedrecorded
($ in thousands)contractsinvestementinvestement
December 31, 2013
Construction and land development1$390387
Commercial real estate:
Owner occupied1882882
Other21,0371,041
Total commercial real estate31,9191,923
Residential real estate:
Consumer mortgages3849844
Investment property1172172
Total residential real estate41,0211,016
Total 8$3,3303,326
December 31, 2012
Construction and land development4$5,4194,305
Commercial real estate:
Owner occupied43,1672,225
Other21,8031,657
Total commercial real estate64,9703,882
Residential real estate:
Consumer mortgages2863858
Investment property2567563
Total residential real estate41,4301,421
Total 14$ 11,819 9,608
December 31, 2011
Commercial and industrial2$791523
Construction and land development34,9254,894
Commercial real estate:
Owner occupied53,1272,840
Other11,2291,229
Total commercial real estate64,3564,069
Residential real estate:
Investment property1391391
Total residential real estate1391391
Total 12$ 10,463 9,877
Number ofRecorded
($ in thousands)Contractsinvestment (1)
December 31, 2013
Construction and land development1$1,197
Commercial real estate:
Other1425
Total commercial real estate1425
Total 2$1,622
December 31, 2012
Construction and land development1$2,386
Total 1$2,386
December 31, 2011
Commercial real estate:
Owner occupied2$1,172
Other11,201
Total commercial real estate32,373
Total 3$2,373
(1) Amount as of applicable month end during the respective year for which there was a payment default.