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Allowance for Loan Losses
 12 Months Ended
Dec. 31, 2011
Allowance for Loan Losses [Abstract]  
Allowance for Loan Losses
Note 4.
Allowance for Loan Losses
 
The following tables present the balance in the allowance for loan losses and the recorded investment in loans by loan class and, for the ending loan balances, based on impairment evaluation method as of December 31, 2011 and December 31, 2010.  A roll-forward of the changes in the allowance for loan losses balance by class of loan is also presented for the year ended December 31, 2011.
 
 
December 31, 2011
(In Thousands)
Real Estate Construction
 
Real Estate Secured by Farmland
 
Real Estate Secured by 1-4 Family Residential
 
Other Real Estate Loans
 
Commercial
 
Consumer
 
Total
Allowance for loan losses:
                         
Balance at December 31, 2010
$
4,684
   
$
107
   
$
3,965
   
$
4,771
   
$
1,055
   
$
385
   
$
14,967
 
Charge-offs
(467
)
 
-
   
(2,062
)
 
(438
)
 
(180
)
 
(318
)
 
(3,465
)
Recoveries
29
   
-
   
41
   
98
   
41
   
28
   
237
 
Provision
(3,349
)
 
3
   
5,521
   
(46
)
 
705
   
50
   
2,884
 
Balance at December 31, 2011
$
897
   
$
110
   
$
7,465
   
$
4,385
   
$
1,621
   
$
145
   
$
14,623
 
Ending allowance balance:
                         
Ending allowance balance attributable to loans:
                         
Individually evaluated for impairment
$
328
   
$
-
   
$
3,076
   
$
1,192
   
$
502
   
$
-
   
$
5,098
 
Collectively evaluated for impairment
569
   
110
   
4,389
   
3,193
   
1,119
   
145
   
9,525
 
Total ending allowance balance
$
897
   
$
110
   
$
7,465
   
$
4,385
   
$
1,621
   
$
145
   
$
14,623
 
Ending loan recorded investment balances:
                         
Individually evaluated for impairment
$
3,804
   
$
-
   
$
12,675
   
$
10,313
   
$
2,407
   
$
-
   
$
29,199
 
Collectively evaluated for impairment
38,404
   
10,047
   
224,085
   
265,115
   
92,020
   
12,523
   
642,194
 
Total ending loans balance
$
42,208
   
$
10,047
   
$
236,760
   
$
275,428
   
$
94,427
   
$
12,523
   
$
671,393
 
 
 
December 31, 2010
(In Thousands)
Real Estate Construction
 
Real Estate Secured by Farmland
 
Real Estate Secured by 1-4 Family Residential
 
Other Real Estate Loans
 
Commercial
 
Consumer
 
Total
Ending allowance balance:
                         
Ending allowance balance attributable to loans:
                         
Individually evaluated for impairment
$
1,876
   
$
-
   
$
1,099
   
$
2,010
   
$
108
   
$
239
   
$
5,332
 
Collectively evaluated for impairment
2,808
   
107
   
2,866
   
2,761
   
947
   
146
   
9,635
 
Total ending allowance balance
$
4,684
   
$
107
   
$
3,965
   
$
4,771
   
$
1,055
   
$
385
   
$
14,967
 
Ending loan recorded investment balances:
                         
Individually evaluated for impairment
$
9,170
   
$
-
   
$
10,872
   
$
8,359
   
$
1,950
   
$
239
   
$
30,590
 
Collectively evaluated for impairment
58,940
   
11,532
   
231,748
   
259,903
   
54,435
   
12,164
   
628,722
 
Total ending loans balance
$
68,110
   
$
11,532
   
$
242,620
   
$
268,262
   
$
56,385
   
$
12,403
   
$
659,312
 
 
Changes in the allowance for loan losses for the years ended December 31, 2010 and December 31, 2009 are summarized as follows:
 
   
Year End December 31,
   
2010
 
2009
   
(In Thousands)
Balance, beginning of year
 
$
9,185
   
$
10,020
 
Provision for loan losses
 
12,005
   
4,551
 
Charge-offs:
      
Real estate loans:
      
Construction
 
1,226
   
836
 
Secured by 1-4 family residential
 
3,256
   
3,205
 
Other real estate loans
 
460
   
375
 
Commercial loans
 
942
   
343
 
Consumer loans
 
500
   
725
 
Total charge-offs
 
$
6,384
   
$
5,484
 
Recoveries:
      
Real estate loans:
      
Construction
 
$
-
   
$
-
 
Secured by 1-4 family residential
 
37
   
9
 
Other real estate loans
 
4
   
-
 
Commercial loans
 
68
   
21
 
Consumer loans
 
52
   
68
 
Total recoveries
 
$
161
   
$
98
 
Net charge-offs
 
6,223
   
5,386
 
Balance, end of year
 
$
14,967
   
$
9,185