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Loans and reserve for credit losses (Tables)
 12 Months Ended
Dec. 31, 2013
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
 Loans receivable at December 31, 2013 and 2012 consisted of the following (dollars in thousands):
 
 
2013
 
2012
 
Amount
 
Percent
 
Amount
 
Percent
Commercial real estate:
 

 
 

 
 

 
 

Owner occupied
$
204,998

 
20.6
%
 
$
196,821

 
22.9
%
Non-owner occupied
347,014

 
34.8
%
 
328,480

 
38.3
%
Total commercial real estate loans
552,012

 
55.4
%
 
525,301

 
61.2
%
Construction
52,503

 
5.3
%
 
45,650

 
5.3
%
Residential real estate
101,557

 
10.2
%
 
85,494

 
10.0
%
Commercial and industrial
254,170

 
25.5
%
 
162,213

 
18.9
%
Consumer
35,990

 
3.6
%
 
39,506

 
4.6
%
Total loans
996,232

 
100.0
%
 
858,164

 
100.0
%
 
 
 
 
 
 
 
 
Less:
 

 
 

 
 

 
 

Deferred loan fees, net
(1,757
)
 
 

 
(1,846
)
 
 

Reserve for loan losses
(20,857
)
 
 

 
(27,261
)
 
 

Loans, net
$
973,618

 
 

 
$
829,057

 
 
Allowance for Credit Losses on Financing Receivables [Table Text Block]
The following table presents the reserve for loan losses and the recorded investment in loans by portfolio segment and impairment evaluation method at December 31, 2013 and 2012 (dollars in thousands):
 
Reserve for loan losses

Recorded investment in loans
 
Individually
evaluated for
impairment

Collectively
evaluated for
impairment

Total

Individually
evaluated for
impairment

Collectively
evaluated for
impairment

Total
2013
 


 


 


 


 


 

Commercial real estate
$
665

 
$
8,900

 
$
9,565

 
$
32,227

 
$
519,785

 
$
552,012

Construction
—

 
535

 
535

 
1,987

 
50,516

 
52,503

Residential real estate
62

 
2,319

 
2,381

 
430

 
101,127

 
101,557

Commercial and industrial
56

 
6,205

 
6,261

 
5,823

 
248,347

 
254,170

Consumer
—

 
1,401

 
1,401

 
—

 
35,990

 
35,990

 
$
783

 
$
19,360

 
20,143

 
$
40,467

 
$
955,765

 
$
996,232

Unallocated
 

 
 

 
714

 
 

 
 

 
 

 
 

 
 

 
$
20,857

 
 

 
 

 
 



















2012
 


 


 


 


 


 

Commercial real estate
$
1,088

 
$
10,508

 
$
11,596

 
$
42,859

 
$
482,442

 
$
525,301

Construction
440

 
1,143

 
1,583

 
9,734

 
35,916

 
45,650

Residential real estate
1,141

 
2,410

 
3,551

 
4,840

 
80,654

 
85,494

Commercial and industrial
829

 
6,438

 
7,267

 
9,602

 
152,611

 
162,213

Consumer
301

 
1,876

 
2,177

 
1,636

 
37,870

 
39,506

 
$
3,799

 
$
22,375

 
26,174

 
$
68,671

 
$
789,493

 
$
858,164

Unallocated
 

 
 

 
1,087

 
 

 
 

 
 

 
 

 
 

 
$
27,261

 
 

 
 

 
 

Transactions and allocations in the reserve for loan losses and unfunded loan commitments, by portfolio segment, for the years ended December 31, 2013, 2012 and 2011were as follows (dollars in thousands): 
 
Commercial
real estate
 
Construction
 
Residential
real estate
 
Commercial 
and 
industrial
 
Consumer
 
Unallocated
 
Total
2013
 

 
 

 
 

 
 

 
 

 
 

Reserve for loan losses
 

 
 

 
 

 
 

 
 

 
 

 
 

Balance at beginning of year
$
11,596

 
$
1,583

 
$
3,551

 
$
7,267

 
$
2,177

 
$
1,087

 
$
27,261

Loan loss provision (credit)
203

 
159

 
(1,013
)
 
1,808

 
216

 
(373
)
 
1,000

Recoveries
1,034

 
708

 
433

 
2,694

 
263

 
—

 
5,132

Loans charged off
(3,268
)
 
(1,915
)
 
(590
)
 
(5,508
)
 
(1,255
)
 
—

 
(12,536
)
Balance at end of year
$
9,565

 
$
535

 
$
2,381

 
$
6,261

 
$
1,401

 
$
714

 
$
20,857

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reserve for unfunded lending commitments
 

 
 

 
 

 
 

 
 

 
 

 
 

Balance at beginning of year
$
48

 
$
268

 
$
25

 
$
75

 
$
24

 
$
—

 
$
440

Provision (credit) for unfunded loan commitments
—

 
—

 
—

 
—

 
—

 
—

 
—

Balance at end of year
$
48

 
$
268

 
$
25

 
$
75

 
$
24

 
$
—

 
$
440

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reserve for credit losses
 

 
 

 
 

 
 

 
 

 
 

 
 

Reserve for loan losses
$
9,565

 
$
535

 
$
2,381

 
$
6,261

 
$
1,401

 
$
714

 
$
20,857

Reserve for unfunded lending commitments
48

 
268

 
25

 
75

 
24

 
—

 
440

Total reserve for credit losses
$
9,613

 
$
803

 
$
2,406

 
$
6,336

 
$
1,425

 
$
714

 
$
21,297

 
Commercial
real estate
 
Construction
 
Residential
real estate
 
Commercial 
and 
industrial
 
Consumer
 
Unallocated
 
Total
2012
 

 
 

 
 

 
 

 
 

 
 

Reserve for loan losses
 

 
 

 
 

 
 

 
 

 
 

 
 

Balance at beginning of year
$
21,648

 
$
5,398

 
$
3,259

 
$
11,291

 
$
2,292

 
$
17

 
$
43,905

Loan loss provision (credit)
2,829

 
(4,135
)
 
2,650

 
(2,094
)
 
780

 
1,070

 
1,100

Recoveries
198

 
584

 
262

 
3,094

 
311

 
—

 
4,449

Loans charged off
(13,079
)
 
(264
)
 
(2,620
)
 
(5,024
)
 
(1,206
)
 
—

 
(22,193
)
Balance at end of year
$
11,596

 
$
1,583

 
$
3,551

 
$
7,267

 
$
2,177

 
$
1,087

 
$
27,261

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reserve for unfunded lending commitments
 

 
 

 
 

 
 

 
 

 
 

 
 

Balance at beginning of year
$
28

 
$
29

 
$
184

 
$
487

 
$
822

 
$
—

 
$
1,550

Provision (credit) for unfunded loan commitments
20

 
239

 
(159
)
 
(412
)
 
(798
)
 
—

 
(1,110
)
Balance at end of year
$
48

 
$
268

 
$
25

 
$
75

 
$
24

 
$
—

 
$
440

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reserve for credit losses
 

 
 

 
 

 
 

 
 

 
 

 
 

Reserve for loan losses
$
11,596

 
$
1,583

 
$
3,551

 
$
7,267

 
$
2,177

 
$
1,087

 
$
27,261

Reserve for unfunded lending commitments
48

 
268

 
25

 
75

 
24

 
—

 
440

Total reserve for credit losses
$
11,644

 
$
1,851

 
$
3,576

 
$
7,342

 
$
2,201

 
$
1,087

 
$
27,701

 
 
Commercial
real estate
 
Construction
 
Residential
real estate
 
Commercial 
and 
industrial
 
Consumer
 
Unallocated
 
Total
2011
 

 
 

 
 

 
 

 
 

 
 

Reserve for loan losses
 

 
 

 
 

 
 

 
 

 
 

 
 

Balance at beginning of year
$
14,338

 
$
12,652

 
$
4,116

 
$
12,220

 
$
2,966

 
$
376

 
$
46,668

Loan loss provision (credit)
29,908

 
22,019

 
4,196

 
17,724

 
1,512

 
(359
)
 
75,000

Recoveries
119

 
1,551

 
164

 
1,453

 
305

 
—

 
3,592

Loans charged off
(3,501
)
 
(5,536
)
 
(2,238
)
 
(13,626
)
 
(2,386
)
 
—

 
(27,287
)
Loans charged-off as a result of the Bulk Sale (see Note 2)
(19,216
)
 
(25,288
)
 
(2,979
)
 
(6,480
)
 
(105
)
 
—

 
(54,068
)
Balance at end of year
$
21,648

 
$
5,398

 
$
3,259

 
$
11,291

 
$
2,292

 
$
17

 
$
43,905

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reserve for unfunded lending commitments
 

 
 

 
 

 
 

 
 

 
 

 
 

Balance at beginning of year
$
40

 
$
—

 
$
101

 
$
523

 
$
241

 
$
36

 
$
941

Provision (credit) for unfunded loan commitments
(12
)
 
29

 
83

 
(36
)
 
581

 
(36
)
 
609

Balance at end of year
$
28

 
$
29

 
$
184

 
$
487

 
$
822

 
$
—

 
$
1,550

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reserve for credit losses
 

 
 

 
 

 
 

 
 

 
 

 
 

Reserve for loan losses
$
21,648

 
$
5,398

 
$
3,259

 
$
11,291

 
$
2,292

 
$
17

 
$
43,905

Reserve for unfunded lending commitments
28

 
29

 
184

 
487

 
822

 
—

 
1,550

Total reserve for credit losses
$
21,676

 
$
5,427

 
$
3,443

 
$
11,778

 
$
3,114

 
$
17

 
$
45,455
Financing Receivable Credit Quality Indicators [Table Text Block]
The following table presents, by portfolio class, the recorded investment in loans by internally assigned grades at December 31, 2013 and 2012 (dollars in thousands):
 
 
Loan grades
 
 
 
Acceptable
 
Pass-Watch
 
Special
Mention
 
Substandard
 
Total
2013
 

 
 

 
 

 
 

 
 

Commercial real estate:
 

 
 

 
 

 
 

 
 

Owner occupied
$
147,865

 
$
19,798

 
$
14,730

 
$
22,605

 
$
204,998

Non-owner occupied
278,854

 
33,827

 
24,188

 
10,145

 
347,014

Total commercial real estate loans
426,719

 
53,625

 
38,918

 
32,750

 
552,012

Construction
46,274

 
2,772

 
2,131

 
1,326

 
52,503

Residential real estate
98,633

 
1,570

 
147

 
1,207

 
101,557

Commercial and industrial
242,053

 
3,518

 
2,694

 
5,905

 
254,170

Consumer
35,984

 
—

 
—

 
6

 
35,990

 
$
849,663

 
$
61,485

 
$
43,890

 
$
41,194

 
$
996,232

 
 
 
 
 
 
 
 
 
 
2012
 

 
 

 
 

 
 

 
 

Commercial real estate:
 

 
 

 
 

 
 

 
 

Owner occupied
$
122,125

 
$
26,326

 
$
13,622

 
$
34,748

 
$
196,821

Non-owner occupied
214,990

 
39,879

 
24,910

 
48,701

 
328,480

Total commercial real estate loans
337,115

 
66,205

 
38,532

 
83,449

 
525,301

Construction
25,308

 
6,079

 
1,795

 
12,468

 
45,650

Residential real estate
74,576

 
2,207

 
2,086

 
6,625

 
85,494

Commercial and industrial
126,208

 
7,005

 
6,473

 
22,527

 
162,213

Consumer
37,264

 
603

 
—

 
1,639

 
39,506

 
$
600,471

 
$
82,099

 
$
48,886

 
$
126,708

 
$
858,164
Past Due Financing Receivables [Table Text Block]
The following table presents, by portfolio class, an age analysis of past due loans, including loans placed on non-accrual at December 31, 2013 and 2012 (dollars in thousands):
 
30-89 days
past due
 
90 days
or more
past due
 
Total
past due
 
Current
 
Total
loans
2013
 

 
 

 
 

 
 

 
 

Commercial real estate:
 

 
 

 
 

 
 

 
 

Owner occupied
$
959

 
$
2,905

 
$
3,864

 
$
201,134

 
$
204,998

Non-owner occupied
—

 
—

 
—

 
347,014

 
347,014

Total commercial real estate loans
959

 
2,905

 
3,864

 
548,148

 
552,012

Construction
215

 
119

 
334

 
52,169

 
52,503

Residential real estate
436

 
163

 
599

 
100,958

 
101,557

Commercial and industrial
597

 
2,077

 
2,674

 
251,496

 
254,170

Consumer
53

 
6

 
59

 
35,931

 
35,990

 
$
2,260

 
$
5,270

 
$
7,530

 
$
988,702

 
$
996,232

2012
 

 
 

 
 

 
 

 
 

Commercial real estate:
 

 
 

 
 

 
 

 
 

Owner occupied
$
1,240

 
$
4,221

 
$
5,461

 
$
191,360

 
$
196,821

Non-owner occupied
8,660

 
7,183

 
15,843

 
312,637

 
328,480

Total commercial real estate loans
9,900

 
11,404

 
21,304

 
503,997

 
525,301

Construction
1,288

 
2,793

 
4,081

 
41,569

 
45,650

Residential real estate
818

 
364

 
1,182

 
84,312

 
85,494

Commercial and industrial
2,825

 
1,858

 
4,683

 
157,530

 
162,213

Consumer
61

 
12

 
73

 
39,433

 
39,506

 
$
14,892

 
$
16,431

 
$
31,323

 
$
826,841

 
$
858,164
Impaired Financing Receivables [Table Text Block]
The following table presents, by portfolio class, the average recorded investment in impaired loans for the years ended December 31, 2013, 2012 and 2011 (dollars in thousands):
 
 
2013
 
2012
 
2011
Commercial real estate:
 

 
 

 
 
Owner occupied
$
12,922

 
$
15,521

 
$
20,123

Non-owner occupied
25,655

 
33,267

 
32,555

Total commercial real estate loans
38,577

 
48,788

 
52,678

Construction
2,283

 
7,272

 
35,997

Residential real estate
1,596

 
5,685

 
5,908

Commercial and industrial
7,039

 
10,500

 
17,011

Consumer
485

 
1,465

 
769

 
$
49,980

 
$
73,710

 
$
112,363

The following table presents information related to impaired loans, by portfolio class, at December 31, 2013 and 2012 (dollars in thousands):
 
Impaired loans
 
 
 
With a
related
allowance
 
Without a
related
allowance
 
Total
recorded
balance
 
Unpaid
principal
balance
 
Related
allowance
2013
 

 
 

 
 

 
 

 
 

Commercial real estate:
 

 
 

 
 

 
 

 
 

Owner occupied
$
2,772

 
$
6,582

 
$
9,354

 
$
12,707

 
$
652

Non-owner occupied
1,116

 
21,757

 
22,873

 
22,904

 
13

Total commercial real estate loans
3,888

 
28,339

 
32,227

 
35,611

 
665

Construction
751

 
1,236

 
1,987

 
2,029

 
—

Residential real estate
174

 
256

 
430

 
515

 
62

Commercial and industrial
4,074

 
1,749

 
5,823

 
6,701

 
56

Consumer
—

 
—

 
—

 
—

 
—

 
$
8,887

 
$
31,580

 
$
40,467

 
$
44,856

 
$
783

 
 
 
 
 
 
 
 
 
 
2012
 

 
 

 
 

 
 

 
 

Commercial real estate:
 

 
 

 
 

 
 

 
 

Owner occupied
$
8,538

 
$
7,443

 
$
15,981

 
$
21,610

 
$
988

Non-owner occupied
3,712

 
23,166

 
26,878

 
32,630

 
100

Total commercial real estate loans
12,250

 
30,609

 
42,859

 
54,240

 
1,088

Construction
2,348

 
7,386

 
9,734

 
9,867

 
440

Residential real estate
4,530

 
310

 
4,840

 
5,018

 
1,141

Commercial and industrial
6,493

 
3,109

 
9,602

 
10,982

 
829

Consumer
1,636

 
—

 
1,636

 
1,638

 
301

 
$
27,257

 
$
41,414

 
$
68,671

 
$
81,745

 
$
3,799
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]
Information with respect to the Company’s non-accrual loans, by portfolio class, at December 31, 2013 and 2012 is as follows (dollars in thousands):
  
 
2013
 
2012
Commercial real estate:
 

 
 

Owner occupied
$
4,443

 
$
4,836

Non-owner occupied
280

 
5,756

Total commercial real estate loans
4,723

 
10,592

Construction
236

 
2,839

Residential real estate
399

 
556

Commercial and industrial
1,868

 
3,233

Total non-accrual loans
$
7,226

 
$
17,220

 
 
 
 
Accruing loans which are contractually past due 90 days or more:
 

 
 

Commercial real estate:
 

 
 

Non-owner occupied
$
—

 
$
1,427

Total commercial real estate loans
—

 
1,427

Residential real estate
—

 
94

Commercial and industrial
1,077

 
—

Consumer
6

 
12

Total accruing loans which are contractually past due 90 days or more
$
1,083

 
$
1,533
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
The following table presents, by portfolio segment, information with respect to the Company’s loans that were modified and recorded as TDRs during the years ended December 31, 2013, 2012 and 2011 (dollars in thousands):
 
2013
 
2012
 
2011
 
Number of
loans
 
TDR outstanding
recorded investment
 
Number of
loans
 
TDR outstanding
recorded investment
 
Number of
loans
 
TDR outstanding
recorded investment
Commercial real estate
5

 
$
27,677

 
5

 
$
1,761

 
43

 
$
45,921

Construction
1

 
1,243

 
6

 
4,832

 
26

 
7,334

Residential real estate
—

 
—

 
12

 
678

 
36

 
8,835

Commercial and industrial
4

 
1,237

 
32

 
3,980

 
116

 
11,724

Consumer
—

 
—

 
55

 
653

 
137

 
1,580

 
10

 
$
30,157

 
110

 
$
11,904

 
358

 
$
75,394


The following table presents, by portfolio segment, the post modification recorded investment for TDRs restructured during the years ended December 31, 2013 and 2012 by the primary type of concession granted (dollars in thousands):
 
2013
 
Rate
reduction
 
Term
extension
 
Rate reduction
and term
extension
 
Total
Commercial real estate
 
$
3,809

 
$
2,368

 
$
21,500

 
$
27,677

Construction
 
—

 
1,243

 
—

 
1,243

Commercial and industrial
 
174

 
1,063

 
—

 
1,237

 
 
$
3,983

 
$
4,674

 
$
21,500

 
$
30,157

2012
 
Rate
reduction
 
Term
extension
 
Rate reduction
and term
extension
 
Total
Commercial real estate
 
$
1,299

 
$
462

 
$
—

 
$
1,761

Construction
 
—

 
4,797

 
35

 
4,832

Residential real estate
 
—

 
579

 
99

 
678

Commercial and industrial
 
2,526

 
965

 
489

 
3,980

Consumer
 
—

 
623

 
30

 
653

 
 
$
3,825

 
$
7,426

 
$
653

 
$
11,904


The following table presents, by portfolio segment, the TDRs which had payment defaults during the years ended December 31, 2013, 2012 and 2011 that had been previously restructured within the last twelve months prior to December 31, 2013, 2012 and 2011 (dollars in thousands): 
 
2013
 
2012
 
2011
 
Number of loans
 
TDRs restructured in the period with a payment default
 
Number
of loans
 
TDRs restructured in the period with a payment default
 
Number
of loans
 
TDRs restructured in the period with a payment default
Commercial real estate
2

 
$
3,500

 
—

 
$
—

 
1
 
$
573

Residential real estate
—

 
—

 
—

 
—

 
3
 
636

Commercial and industrial
—

 
—

 
1

 
193

 
13
 
8,729

Consumer loans
—

 
—

 
2

 
12

 
7
 
71

 
2

 
$
3,500

 
3

 
$
205

 
24
 
$
10,009