Loans and reserve for credit losses (Tables)

3 Months Ended

Mar. 31, 2013

Loans and Reserve For Credit Losses [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The composition of the loan portfolio at March 31, 2013 and December 31, 2012 was as follows (dollars in thousands):

	March 31, 2013						December 31, 2012
	Amount			Percent			Amount			Percent
Commercial real estate:
Owner occupied	$	199,026			22.7	%	$	196,821			22.9	%
Non-owner occupied and other		345,969			39.4	%		328,480			38.3	%
Total commercial real estate loans		544,995			62.1	%		525,301			61.2	%
Construction		38,834			4.4	%		45,650			5.3	%
Residential real estate		93,475			10.7	%		85,494			10.0	%
Commerical and industrial		161,758			18.4	%		162,213			18.9	%
Consumer		38,022			4.4	%		39,506			4.6	%
Total loans		877,084			100.0	%		858,164			100.0	%
Less:
Deferred loan fees		(1,771	)					(1,846	)
Reserve for loan losses		(24,548	)					(27,261	)
Loans, net	$	850,765					$	829,057

Schedule Of Reserve For Loan Losses and Recorded Investment In Loans By Portfolio Segment and Impairment Methods [Table Text Block]

Transactions and allocations in the reserve for loan losses and unfunded loan commitments, by portfolio segment, for the three months ended March 31, 2013 and 2012 were as follows (dollars in thousands):

	Commercial real estate			Construction			Residential real estate			Commercial  and  industrial			Consumer			Unallocated			Total
For the three months ended March 31, 2013
Allowance for Loan Losses
Balance at December 31, 2012	$	11,596		$	1,583		$	3,551		$	7,267		$	2,177	#	$	1,087		$	27,261
Loan loss provision (credit)		(280	)		316			182			125			86			(429	)		-
Recoveries		178			124			117			512			59			-			990
Loans charged off		(269	)		(787	)		(136	)		(2,228	)		(283	)		-			(3,703	)
Balance at end of period	$	11,225		$	1,236		$	3,714		$	5,676		$	2,039		$	658		$	24,548
Reserve for unfunded lending commitments
Balance at December 31, 2012	$	48		$	268		$	25		$	75		$	24		$	-		$	440
Provision for unfunded loan commitments		-			-			-			-			-			-			-
Balance at end of period	$	48		$	268		$	25		$	75		$	24		$	-		$	440
Reserve for credit losses
Reserve for loan losses	$	11,225		$	1,236		$	3,714		$	5,676		$	2,039		$	658		$	24,548
Reserve for unfunded lending commitments		48			268			25			75			24			-			440
Total reserve for credit losses	$	11,273		$	1,504		$	3,739		$	5,751		$	2,063		$	658		$	24,988

	Commercial real estate			Construction			Residential real estate			Commercial  and  industrial			Consumer			Unallocated		Total
For the three months ended March 31, 2012
Allowance for Loan Losses
Balance at December 31, 2011	$	21,648		$	5,398		$	3,259		$	11,291		$	2,292		$	17	$	43,905
Loan loss provision		667			(489	)		1,132			(919	)		709			-		1,100
Recoveries		6			151			34			180			89			-		460
Loans charged off		(7	)		-			(561	)		(644	)		(302	)		-		(1,514	)
Balance at end of period	$	22,314		$	5,060		$	3,864		$	9,908		$	2,788		$	17	$	43,951
Reserve for unfunded lending commitments
Balance at December 31, 2011	$	28		$	29		$	184		$	487		$	822		$	-	$	1,550
Provision for unfunded loan commitments		-			-			-			-			-			-		-
Balance at end of period	$	28		$	29		$	184		$	487		$	822		$	-	$	1,550
Reserve for credit losses
Reserve for loan losses	$	22,314		$	5,060		$	3,864		$	9,908		$	2,788		$	17	$	43,951
Reserve for unfunded lending commitments		28			29			184			487			822			-		1,550
Total reserve for credit losses	$	22,342		$	5,089		$	4,048		$	10,395		$	3,610		$	17	$	45,501

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 March 31, 2013 and December 31, 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
March 31, 2013
Commercial real estate	$	1,312	$	9,913	$	11,225	$	44,060	$	500,935	$	544,995
Construction		416		820		1,236		3,293		35,541		38,834
Residential real estate		1,141		2,573		3,714		4,833		88,642		93,475
Commerical and industrial		1,230		4,446		5,676		9,165		152,593		161,758
Consumer		330		1,709		2,039		1,938		36,084		38,022
	$	4,429	$	19,461		23,890	$	63,289	$	813,795	$	877,084
Unallocated						658
					$	24,548
December 31, 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
Commerical 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

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 March 31, 2013 and December 31, 2012 (dollars in thousands):

	Loan grades
	Acceptable		Pass-Watch		Special Mention		Substandard		Total
March 31, 2013
Commercial real estate:
Owner occupied	$	121,494	$	34,451	$	9,185	$	33,896	$	199,026
Non-owner occupied		236,223		59,091		22,605		28,050		345,969
Total commercial real estate loans		357,717		93,542		31,790		61,946		544,995
Construction		27,649		7,048		728		3,409		38,834
Residential real estate		86,840		1,877		1,371		3,387		93,475
Commerical and industrial		140,118		5,834		3,243		12,563		161,758
Consumer		37,416		605		-		1		38,022
	$	649,740	$	108,906	$	37,132	$	81,306	$	877,084
December 31, 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
Commerical 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 March 31, 2013 and December 31, 2012 (dollars in thousands):

	30-89 days past due		90 days or more past due		Total past due		Current		Total loans
March 31, 2013
Commercial real estate:
Owner occupied	$	3,464	$	4,613	$	8,077	$	190,949	$	199,026
Non-owner occupied		460		3,708		4,168		341,801		345,969
Total commercial real estate loans		3,924		8,321		12,245		532,750		544,995
Construction		298		1,166		1,464		37,370		38,834
Residential real estate		326		462		788		92,687		93,475
Commerical and industrial		2,665		2,337		5,002		156,756		161,758
Consumer		40		14		54		37,968		38,022
	$	7,253	$	12,300	$	19,553	$	857,531	$	877,084
December 31, 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
Commerical 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 information related to impaired loans, by portfolio class, at March 31, 2013 and December 31, 2012 (dollars in thousands):

	Impaired loans
	With a related allowance		Without a related allowance		Total recorded balance		Unpaid principal balance		Related allowance
March 31, 2013
Commercial real estate:
Owner occupied	$	5,472	$	8,965	$	14,437	$	16,970	$	712
Non-owner occupied		4,511		25,112		29,623		31,359		600
Total commercial real estate loans		9,983		34,077		44,060		48,329		1,312
Construction		2,418		875		3,293		3,323		416
Residential real estate		4,539		294		4,833		5,021		1,141
Commerical and industrial		6,401		2,764		9,165		10,560		1,230
Consumer		1,938		-		1,938		1,938		330
	$	25,279	$	38,010	$	63,289	$	69,171	$	4,429
December 31, 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
Commerical 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 Average Recorded Investment Of Impaired Loans By Portfolio [Table Text Block]

The following table presents, by portfolio class, the average recorded investment in impaired loans for the three months ended March 31, 2013 and 2012:

	Three months ended March 31,
	2013		2012
Commercial real estate:
Owner occupied	$	15,209	$	14,985
Non-owner occupied		28,250		36,640
Total commercial real estate loans		43,459		51,625
Construction		6,514		4,207
Residential real estate		4,836		5,552
Commerical and industrial		9,384		11,341
Consumer		1,788		997
	$	65,981	$	73,722

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

Information with respect to the Company’s non-accrual loans, by portfolio class, at March 31, 2013 and December 31, 2012 is as follows (dollars in thousands):

	March 31, 2013		December 31, 2012
Commercial real estate:
Owner occupied	$	5,727	$	4,836
Non-owner occupied		4,465		5,756
Total commercial real estate loans		10,192		10,592
Construction		1,211		2,839
Residential real estate		735		556
Commerical and industrial		3,913		3,233
Total non-accrual loans		16,051		17,220
Accruing loans which are contractually past due 90 days or more:
Commerical real estate:
Owner occupied		153		-
Non-owner occupied		-		1,427
Total commercial real estate loans		153		1,427
Residential real estate		-		94
Consumer		14		12
Total accruing loans which are contractually past due 90 days or more		167		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 three months ended March 31, 2013 and 2012 (dollars in thousands):

	For the three months ended March 31,
	2013				2012
	Number of loans		TDR outstanding recorded investment		Number of loans		TDR outstanding recorded investment
Commercial real estate		5	$	27,677		3	$	1,601
Construction		2		115		-		-
Residential real estate		3		152		6		272
Commerical and industrial		8		399		4		200
Consumer		12		358		20		181
		30	$	28,701		33	$	2,254

Schedule Of Post Modification Recorded Investment For Tdrs Restructured [Table Text Block]

The following table presents, by portfolio segment, the post modification recorded investment for TDRs restructured during the three months ended March 31, 2013 by the primary type of concession granted:

Three months ended March 31, 2013	Rate reduction		Term extension		Rate reduction and term extension		Total
Commercial real estate	$	3,809	$	2,368	$	21,500	$	27,677
Construction		-		115		-		115
Residential real estate		-		152		-		152
Commerical and industrial		174		173		52		399
Consumer		-		358		-		358
	$	3,983	$	3,166	$	21,552	$	28,701

Schedule Of Troubled Debt Restructurings On Financing Receivables Subsequent Default [Table Text Block]

The following table presents, by portfolio segment, the TDRs which had payment defaults during the three months ended March 31, 2013 and 2012 that had been previously restructured within the last twelve months prior to March 31, 2013 and 2012:

	For the three months ended March 31,
	2013				2012
	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	$	2,264
Construction		-		-		1		160
Residential real estate		-		-		1		40
Commercial and industrial loans		-		-		2		4,858
Consumer loans		-		-		4		42
		2	$	3,500		9	$	7,364