Loans (Tables)
|
6 Months Ended |
Jun. 30, 2016 |
|---|
| Receivables [Abstract] |
|
| Summary of Loans |
Loans consist of the following:
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands)
|
|
June 30, 2016 |
|
|
December 31, 2015 |
|
|
Commercial
|
|
$ |
135,043 |
|
|
$ |
123,143 |
|
|
Commercial real estate
|
|
|
154,236 |
|
|
|
148,775 |
|
|
Residential real estate
|
|
|
133,490 |
|
|
|
125,775 |
|
|
Construction & land development
|
|
|
15,224 |
|
|
|
15,452 |
|
|
Consumer
|
|
|
12,289 |
|
|
|
9,268 |
|
|
|
|
|
|
|
|
|
|
|
Total loans before deferred costs
|
|
|
450,282 |
|
|
|
422,413 |
|
|
Deferred loan costs
|
|
|
507 |
|
|
|
458 |
|
|
|
|
|
|
|
|
|
|
|
Total Loans
|
|
$ |
450,789 |
|
|
$ |
422,871 |
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Allowances for Loan Losses by Portfolio Segment |
The following tables detail activity in the allowance for loan
losses by portfolio segment for the three and six months ended June
30, 2016 and 2015. Allocation of a portion of the allowance to
one category of loans does not preclude its availability to absorb
losses in other categories.
The changes in the provision for loan losses for the three and six
months ended June 30, 2016 related to commercial loans were due to
the increase in specific reserve amounts for two commercial
relationships, the downgrade of one commercial relationship and the
increase in loan volume. The decrease in the provision related
to commercial real estate loans for the six month period in 2016
was primarily due to a recovery of a prior charge-off. The
increase in the provision for commercial real estate loans for the
three month period of 2016 was due to the downgrade of one
commercial relationship.
The changes in the provision for loan losses for the three and six
month periods of 2015 related to commercial and commercial real
estate loans were primarily due to the increase in loan balances in
the first quarter of 2015 and the subsequent decrease in these loan
balances in the second quarter of 2015. The increase in the
provision related to consumer loans for the six months ended June
30, 2015 was due to charge-offs of loans in that category and
increasing loan volumes.
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|
(Dollars in thousands)
|
|
Commercial |
|
|
Commercial
Real Estate |
|
|
Residential
Real Estate |
|
|
Construction
& Land
Development |
|
|
Consumer |
|
|
Unallocated |
|
|
Total |
|
|
Three months ended June 30, 2016
|
|
|
|
|
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|
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|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning balance
|
|
$ |
2,053 |
|
|
$ |
1,225 |
|
|
$ |
1,084 |
|
|
$ |
106 |
|
|
$ |
94 |
|
|
$ |
443 |
|
|
$ |
5,005 |
|
|
Provision for possible loan losses
|
|
|
326 |
|
|
|
48 |
|
|
|
11 |
|
|
|
21 |
|
|
|
16 |
|
|
|
(257 |
) |
|
|
165 |
|
|
Charge-offs
|
|
|
(6 |
) |
|
|
(12 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
(18 |
) |
|
Recoveries
|
|
|
3 |
|
|
|
1 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
4 |
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net charge-offs
|
|
|
(3 |
) |
|
|
(11 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
(14 |
) |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Ending balance
|
|
$ |
2,376 |
|
|
$ |
1,262 |
|
|
$ |
1,095 |
|
|
$ |
127 |
|
|
$ |
110 |
|
|
$ |
186 |
|
|
$ |
5,156 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
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|
Six months ended June 30, 2016
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Beginning balance
|
|
$ |
1,664 |
|
|
$ |
1,271 |
|
|
$ |
1,086 |
|
|
$ |
123 |
|
|
$ |
86 |
|
|
$ |
432 |
|
|
$ |
4,662 |
|
|
Provision for possible loan losses
|
|
|
720 |
|
|
|
(180 |
) |
|
|
7 |
|
|
|
4 |
|
|
|
24 |
|
|
|
(246 |
) |
|
|
329 |
|
|
Charge-offs
|
|
|
(15 |
) |
|
|
(12 |
) |
|
|
— |
|
|
|
— |
|
|
|
(1 |
) |
|
|
|
|
|
|
(28 |
) |
|
Recoveries
|
|
|
7 |
|
|
|
183 |
|
|
|
2 |
|
|
|
— |
|
|
|
1 |
|
|
|
|
|
|
|
193 |
|
|
|
|
|
|
|
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|
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|
|
|
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|
|
|
|
|
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|
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|
Net charge-offs
|
|
|
(8 |
) |
|
|
171 |
|
|
|
2 |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
165 |
|
|
|
|
|
|
|
|
|
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|
|
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|
|
|
|
|
|
|
|
|
|
|
|
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|
Ending balance
|
|
$ |
2,376 |
|
|
$ |
1,262 |
|
|
$ |
1,095 |
|
|
$ |
127 |
|
|
$ |
110 |
|
|
$ |
186 |
|
|
$ |
5,156 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, 2015
|
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|
|
|
|
|
|
|
|
|
|
|
|
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|
Beginning balance
|
|
$ |
1,394 |
|
|
$ |
1,574 |
|
|
$ |
1,003 |
|
|
$ |
133 |
|
|
$ |
69 |
|
|
$ |
321 |
|
|
$ |
4,494 |
|
|
Provision for possible loan losses
|
|
|
(43 |
) |
|
|
(99 |
) |
|
|
8 |
|
|
|
(8 |
) |
|
|
8 |
|
|
|
329 |
|
|
|
195 |
|
|
Charge-offs
|
|
|
(3 |
) |
|
|
(16 |
) |
|
|
(17 |
) |
|
|
— |
|
|
|
(4 |
) |
|
|
|
|
|
|
(40 |
) |
|
Recoveries
|
|
|
6 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
1 |
|
|
|
|
|
|
|
7 |
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
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|
Net charge-offs
|
|
|
3 |
|
|
|
(16 |
) |
|
|
(17 |
) |
|
|
— |
|
|
|
(3 |
) |
|
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|
|
|
|
(33 |
) |
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|
|
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|
Ending balance
|
|
$ |
1,354 |
|
|
$ |
1,459 |
|
|
$ |
994 |
|
|
$ |
125 |
|
|
$ |
74 |
|
|
$ |
650 |
|
|
$ |
4,656 |
|
|
|
|
|
|
|
|
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|
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|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six months ended June 30, 2015
|
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|
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|
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|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Beginning balance
|
|
$ |
1,289 |
|
|
$ |
1,524 |
|
|
$ |
1,039 |
|
|
$ |
142 |
|
|
$ |
60 |
|
|
$ |
327 |
|
|
$ |
4,381 |
|
|
Provision for possible loan losses
|
|
|
58 |
|
|
|
(35 |
) |
|
|
16 |
|
|
|
(17 |
) |
|
|
44 |
|
|
|
323 |
|
|
|
389 |
|
|
Charge-offs
|
|
|
(5 |
) |
|
|
(40 |
) |
|
|
(70 |
) |
|
|
— |
|
|
|
(34 |
) |
|
|
|
|
|
|
(149 |
) |
|
Recoveries
|
|
|
12 |
|
|
|
10 |
|
|
|
9 |
|
|
|
— |
|
|
|
4 |
|
|
|
|
|
|
|
35 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net charge-offs
|
|
|
7 |
|
|
|
(30 |
) |
|
|
(61 |
) |
|
|
— |
|
|
|
(30 |
) |
|
|
|
|
|
|
(114 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance
|
|
$ |
1,354 |
|
|
$ |
1,459 |
|
|
$ |
994 |
|
|
$ |
125 |
|
|
$ |
74 |
|
|
$ |
650 |
|
|
$ |
4,656 |
|
|
|
|
|
|
|
|
|
|
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| Allowances for Loan Losses and Ending Balances by Portfolio Class and Based on Impairment Method |
The following table presents the balance in the allowance for loan
losses and the ending loan balances by portfolio class and based on
the impairment method as of June 30, 2016 and December 31,
2015:
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|
(Dollars in thousands)
|
|
Commercial |
|
|
Commercial
Real Estate |
|
|
Residential
Real Estate |
|
|
Construction |
|
|
Consumer |
|
|
Unallocated |
|
|
Total |
|
|
June 30, 2016
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for loan losses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Individually evaluated for impairment
|
|
$ |
709 |
|
|
$ |
— |
|
|
$ |
27 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
736 |
|
|
Collectively evaluated for impairment
|
|
|
1,667 |
|
|
|
1,262 |
|
|
|
1,068 |
|
|
|
127 |
|
|
|
110 |
|
|
|
186 |
|
|
|
4,420 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total ending allowance balance
|
|
$ |
2,376 |
|
|
$ |
1,262 |
|
|
$ |
1,095 |
|
|
$ |
127 |
|
|
$ |
110 |
|
|
$ |
186 |
|
|
$ |
5,156 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans individually evaluated for impairment
|
|
$ |
6,554 |
|
|
$ |
664 |
|
|
$ |
1,486 |
|
|
$ |
— |
|
|
$ |
— |
|
|
|
|
|
|
$ |
8,704 |
|
|
Loans collectively evaluated for impairment
|
|
|
128,489 |
|
|
|
153,572 |
|
|
|
132,004 |
|
|
|
15,224 |
|
|
|
12,289 |
|
|
|
|
|
|
|
441,578 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total ending loans balance
|
|
$ |
135,043 |
|
|
$ |
154,236 |
|
|
$ |
133,490 |
|
|
$ |
15,224 |
|
|
$ |
12,289 |
|
|
|
|
|
|
$ |
450,282 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2015
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for loan losses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Individually evaluated for impairment
|
|
$ |
299 |
|
|
$ |
64 |
|
|
$ |
26 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
389 |
|
|
Collectively evaluated for impairment
|
|
|
1,365 |
|
|
|
1,207 |
|
|
|
1,060 |
|
|
|
123 |
|
|
|
86 |
|
|
|
432 |
|
|
|
4,273 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total ending allowance balance
|
|
$ |
1,664 |
|
|
$ |
1,271 |
|
|
$ |
1,086 |
|
|
$ |
123 |
|
|
$ |
86 |
|
|
$ |
432 |
|
|
$ |
4,662 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans individually evaluated for impairment
|
|
$ |
6,127 |
|
|
$ |
1,064 |
|
|
$ |
1,533 |
|
|
$ |
— |
|
|
$ |
— |
|
|
|
|
|
|
$ |
8,724 |
|
|
Loans collectively evaluated for impairment
|
|
|
117,016 |
|
|
|
147,711 |
|
|
|
124,242 |
|
|
|
15,452 |
|
|
|
9,268 |
|
|
|
|
|
|
|
413,689 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total ending loans balance
|
|
$ |
123,143 |
|
|
$ |
148,775 |
|
|
$ |
125,775 |
|
|
$ |
15,452 |
|
|
$ |
9,268 |
|
|
|
|
|
|
$ |
422,413 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Impairment by Class of Loans |
The following table presents loans individually evaluated for
impairment by class of loans as of June 30, 2016 and December 31,
2015:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands)
|
|
Unpaid
Principal
Balance |
|
|
Recorded
Investment
with no
Allowance |
|
|
Recorded
Investment
with
Allowance |
|
|
Total
Recorded
Investment |
|
|
Related
Allowance |
|
|
June 30, 2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
$ |
6,984 |
|
|
$ |
5,376 |
|
|
$ |
1,198 |
|
|
$ |
6,574 |
|
|
$ |
709 |
|
|
Commercial real estate
|
|
|
821 |
|
|
|
641 |
|
|
|
24 |
|
|
|
665 |
|
|
|
— |
|
|
Residential real estate
|
|
|
1,653 |
|
|
|
975 |
|
|
|
513 |
|
|
|
1,488 |
|
|
|
27 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total impaired loans
|
|
$ |
9,458 |
|
|
$ |
6,992 |
|
|
$ |
1,735 |
|
|
$ |
8,727 |
|
|
$ |
736 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2015
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
$ |
6,541 |
|
|
$ |
5,832 |
|
|
$ |
301 |
|
|
$ |
6,133 |
|
|
$ |
299 |
|
|
Commercial real estate
|
|
|
1,265 |
|
|
|
670 |
|
|
|
393 |
|
|
|
1,063 |
|
|
|
64 |
|
|
Residential real estate
|
|
|
1,689 |
|
|
|
967 |
|
|
|
568 |
|
|
|
1,535 |
|
|
|
26 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total impaired loans
|
|
$ |
9,495 |
|
|
$ |
7,469 |
|
|
$ |
1,262 |
|
|
$ |
8,731 |
|
|
$ |
389 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Average Recorded Investment in Impaired Loans and Related Interest Income Recognized |
The following table presents the average recorded investment in
impaired loans and related interest income recognized for the
periods indicated.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three months
ended June 30, |
|
|
Six months
ended June 30, |
|
| (Dollars in
thousands) |
|
2016 |
|
|
2015 |
|
|
2016 |
|
|
2015 |
|
|
Average recorded investment:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
$ |
6,579 |
|
|
$ |
6,137 |
|
|
$ |
6,360 |
|
|
$ |
5,998 |
|
|
Commercial real estate
|
|
|
746 |
|
|
|
1,606 |
|
|
|
865 |
|
|
|
1,655 |
|
|
Residential real estate
|
|
|
1,497 |
|
|
|
1,729 |
|
|
|
1,518 |
|
|
|
1,674 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average recorded investment in impaired loans
|
|
$ |
8,822 |
|
|
$ |
9,472 |
|
|
$ |
8,743 |
|
|
$ |
9,327 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income recognized:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
$ |
56 |
|
|
$ |
54 |
|
|
$ |
122 |
|
|
$ |
105 |
|
|
Commercial real estate
|
|
|
2 |
|
|
|
4 |
|
|
|
6 |
|
|
|
9 |
|
|
Residential real estate
|
|
|
14 |
|
|
|
19 |
|
|
|
29 |
|
|
|
35 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income recognized on a cash basis on impaired loans
|
|
$ |
72 |
|
|
$ |
77 |
|
|
$ |
157 |
|
|
$ |
149 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Aging of Past Due and Nonaccrual Loans |
The following table presents the aging of past due loans and
nonaccrual loans as of June 30, 2016 and December 31, 2015 by class
of loans:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands)
|
|
Current |
|
|
30 - 59
Days Past
Due |
|
|
60 - 89
Days Past
Due |
|
|
90 Days +
Past Due |
|
|
Non-
Accrual |
|
|
Total Past
Due and
Non-
Accrual |
|
|
Total Loans |
|
|
June 30, 2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
$ |
133,401 |
|
|
$ |
254 |
|
|
$ |
23 |
|
|
$ |
— |
|
|
$ |
1,365 |
|
|
$ |
1,642 |
|
|
$ |
135,043 |
|
|
Commercial real estate
|
|
|
153,474 |
|
|
|
60 |
|
|
|
— |
|
|
|
122 |
|
|
|
580 |
|
|
|
762 |
|
|
|
154,236 |
|
|
Residential real estate
|
|
|
132,345 |
|
|
|
374 |
|
|
|
104 |
|
|
|
114 |
|
|
|
553 |
|
|
|
1,145 |
|
|
|
133,490 |
|
|
Construction & land development
|
|
|
15,224 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
15,224 |
|
|
Consumer
|
|
|
12,150 |
|
|
|
120 |
|
|
|
19 |
|
|
|
— |
|
|
|
— |
|
|
|
139 |
|
|
|
12,289 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Loans
|
|
$ |
446,594 |
|
|
$ |
808 |
|
|
$ |
146 |
|
|
$ |
236 |
|
|
$ |
2,498 |
|
|
$ |
3,688 |
|
|
$ |
450,282 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of Troubled Debt Restructurings |
The following table presents loans restructured during the three
and six month period ended June 30, 2015.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands)
|
|
Number of
loans
restructured |
|
|
Pre-
Modification
Recorded
Investment |
|
|
Post-
Modification
Recorded
Investment |
|
|
For the three months ended June 30, 2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
3 |
|
|
$ |
327 |
|
|
$ |
327 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Restructured Loans
|
|
|
3 |
|
|
$ |
327 |
|
|
$ |
327 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of Loans by Credit Quality Indicator |
homogeneous loans. Based on the most recent analysis
performed, the risk category of loans by class is as follows as of
June 30, 2016 and December 31, 2015:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands)
|
|
Pass |
|
|
Special
Mention |
|
|
Substandard |
|
|
Doubtful |
|
|
Not Rated |
|
|
Total |
|
|
June 30, 2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
$ |
119,145 |
|
|
$ |
2,523 |
|
|
$ |
12,476 |
|
|
$ |
— |
|
|
$ |
899 |
|
|
$ |
135,043 |
|
|
Commercial real estate
|
|
|
144,549 |
|
|
|
2,811 |
|
|
|
5,969 |
|
|
|
— |
|
|
|
907 |
|
|
|
154,236 |
|
|
Residential real estate
|
|
|
221 |
|
|
|
— |
|
|
|
200 |
|
|
|
— |
|
|
|
133,069 |
|
|
|
133,490 |
|
|
Construction & land development
|
|
|
11,766 |
|
|
|
829 |
|
|
|
374 |
|
|
|
— |
|
|
|
2,255 |
|
|
|
15,224 |
|
|
Consumer
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
12,289 |
|
|
|
12,289 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
275,681 |
|
|
$ |
6,163 |
|
|
$ |
19,019 |
|
|
$ |
— |
|
|
$ |
149,419 |
|
|
$ |
450,282 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Loans Not Rated by Class of Loans |
The following table presents loans that are not rated by class of
loans as of June 30, 2016 and December 31, 2015. Nonperforming
loans include loans past due 90 days or more and loans on
nonaccrual of interest status.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands)
|
|
Performing |
|
|
Non-Performing |
|
|
Total |
|
|
June 30, 2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
$ |
899 |
|
|
$ |
— |
|
|
$ |
899 |
|
|
Commercial real estate
|
|
|
824 |
|
|
|
83 |
|
|
|
907 |
|
|
Residential real estate
|
|
|
132,432 |
|
|
|
637 |
|
|
|
133,069 |
|
|
Construction & land development
|
|
|
2,255 |
|
|
|
— |
|
|
|
2,255 |
|
|
Consumer
|
|
|
12,289 |
|
|
|
— |
|
|
|
12,289 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
148,699 |
|
|
$ |
720 |
|
|
$ |
149,419 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|