Loans Receivable (Tables)

12 Months Ended

Dec. 31, 2014



		December 31,
		2014	2013
Commercial non-real estate	$	1,326	3,331
Commercial real estate		24,189	62,937
Consumer		2,306	8,618
Residential		-	53
Total gross loans		27,821	74,939
Allowance for loan losses		(977)	(2,713)
Loans receivable -- net	$	26,844	72,226

Recorded Investment (Unpaid Principal Balance Less Charge-Offs And Deferred Fees) Of Non-Accrual Loans Receivable And Loans Held For Sale



		December 31,
Loan Class		2014	2013
Commercial non-real estate	$	1,326	3,331
Commercial real estate		14,464	45,540
Consumer		1,990	2,972
Residential		-	53
Total nonaccrual loans	$	17,780	51,896

Age Analysis Of The Past Due Recorded Investment In Loans Receivable And Loans Held For Sale



							Total
		31-59 Days	60-89 Days	90 Days	Total		Loans
December 31, 2014		Past Due	Past Due	or More (1)	Past Due	Current	Receivable
Commercial non-real estate	$	-	-	330	330	996	1,326
Commercial real estate:		-	-	5,458	5,458	18,731	24,189
Consumer		-	227	1,703	1,930	376	2,306
Residential:		-	-	-	-	-	-
Total	$	-	227	7,491	7,718	20,103	27,821


							Total
		31-59 Days	60-89 Days	90 Days	Total		Loans
December 31, 2013		Past Due	Past Due	or More (1)	Past Due	Current	Receivable
Commercial non-real estate	$	-	-	2,269	2,269	1,062	3,331
Commercial real estate:		-	-	22,729	22,729	40,208	62,937
Consumer		317	293	2,480	3,090	5,528	8,618
Residential:		-	-	53	53	-	53
Total	$	317	293	27,531	28,141	46,798	74,939

(1) The Company had no loans that were past due greater than 90 days and still accruing as of December 31, 2014 or 2013.

Activity In The Allowance For Loan Losses By Portfolio


		Commercial	Commercial
		Non-Real	Real	Small
		Estate	Estate	Business	Consumer	Residential	Total
Allowance for Loan Losses:
Beginning balance	$	954	227	-	1,532	-	2,713
Charge-offs :		(1,939)	(1,900)	-	(3,345)	(5)	(7,189)
Recoveries :		294	8,936	321	2,307	750	12,608
Provision :		691	(7,156)	(321)	376	(745)	(7,155)
Ending balance	$	-	107	-	870	-	977
Ending balance individually
evaluated for impairment	$	-	-	-	-	-	-
Ending balance collectively
evaluated for impairment		-	107	-	870	-	977
Total	$	-	107	-	870	-	977
Loans receivable:
Ending balance individually
evaluated for impairment	$	1,326	14,464	-	1,255	-	17,045
Ending balance collectively
evaluated for impairment	$	-	9,725	-	1,051	-	10,776
Total	$	1,326	24,189	-	2,306	-	27,821
Proceeds from loan sales	$	-	-	-	3,239	6,258	9,497
Transfer to loans held-for-sale	$	-	-	-	2,299	-	2,299
Transfer from loans held-for-sale	$	-	-	-	-	-	-

The activity in the allowance for loan losses by portfolio segment for the year ended December 31, 2013 was as follows (in thousands):



		Commercial	Commercial
		Non-Real	Real	Small
		Estate	Estate	Business	Consumer	Residential	Total
Allowance for Loan Losses:
Beginning balance	$	1,735	1,869	-	1,261	446	5,311
Charge-offs:		-	(3,976)	-	(2,516)	(4,375)	(10,867)
Recoveries :		10,241	36,824	257	2,225	2,587	52,134
Provision :		(11,022)	(34,490)	(257)	562	1,342	(43,865)
Ending balance	$	954	227	-	1,532	-	2,713
Ending balance individually
evaluated for impairment	$	954	-	-	-	-	954
Ending balance collectively
evaluated for impairment		-	227	-	1,532	-	1,759
Total	$	954	227	-	1,532	-	2,713
Loans receivable:
Ending balance individually
evaluated for impairment	$	3,331	45,540	-	2,207	53	51,131
Ending balance collectively
evaluated for impairment	$	-	17,397	-	6,411	-	23,808
Total	$	3,331	62,937	-	8,618	53	74,939
Proceeds from loan sales	$	2,390	1,100	-	-	-	3,490
Transfer to loans held-for-sale	$	-	-	-	4,176	38,222	42,398
Transfer from loans held-for-sale	$	-	-	-	-	1,312	1,312

The activity in the allowance for loan losses by portfolio segment for the year ended December 31, 2012 was as follows (in thousands):


		Commercial	Commercial
		Non-Real	Real	Small
		Estate	Estate	Business	Consumer	Residential	Total
Allowance for Loan Losses:
Beginning balance	$	16,407	67,053	7,168	22,554	16,705	129,887
Charge-off :		(19,237)	(55,686)	(3,991)	(9,793)	(14,658)	(103,365)
Recoveries :		893	7,435	487	1,424	2,563	12,802
Provision :		5,569	(7,839)	244	2,778	1,653	2,405
Transfer to held-for-sale
- BB&T Transaction:		(1,897)	(9,164)	(4,454)	(20,639)	(12,491)	(48,645)
Discontinued operations provision		-	70	546	4,937	6,674	12,227
Ending balance	$	1,735	1,869	-	1,261	446	5,311
Ending balance individually
evaluated for impairment	$	784	837	-	-	-	1,621
Ending balance collectively
evaluated for impairment		951	1,032	-	1,261	446	3,690
Total	$	1,735	1,869	-	1,261	446	5,311
Loans receivable:
Ending balance individually
evaluated for impairment	$	3,362	173,917	-	7,859	44,621	229,759
Ending balance collectively
evaluated for impairment	$	8,644	40,130	-	9,048	10,176	67,998
Total	$	12,006	214,047	-	16,907	54,797	297,757
Proceeds from loan sales	$	- -	5,864	- -	-	-	5,864
Transfer to held-for-sale
- BB&T Transaction:	$	60,398	304,668	234,228	502,221	811,060	1,912,575
Transfer to held-for-sale	$	- -	20,722	19,069	- -	-	39,791
Transfer from loans held-for-sale	$	-	-	-	-	14,185	14,185

Impaired Loans



		As of December 31, 2014			As of December 31, 2013
			Unpaid			Unpaid
		Recorded	Principal	Related	Recorded	Principal	Related
		Investment	Balance	Allowance	Investment	Balance	Allowance
With a related allowance recorded:
Commercial non-real estate	$	-	-	-	3,001	4,472	954
Commercial real estate:		-	-	-	-	-	-
Consumer		735	1,664	735	920	2,228	920
Residential:		-	-	-	-	-	-
Total with allowance recorded	$	735	1,664	735	3,921	6,700	1,874
With no related allowance recorded:
Commercial non-real estate	$	1,326	3,061	-	330	634	-
Commercial real estate:		14,464	30,546	-	45,540	79,186	-
Consumer		1,571	2,205	-	7,165	8,730	-
Residential:		-	-	-	53	189	-
Total with no allowance recorded	$	17,361	35,812	-	53,088	88,739	-
Total:
Commercial non-real estate	$	1,326	3,061	-	3,331	5,106	954
Commercial real estate		14,464	30,546	-	45,540	79,186	-
Consumer		2,306	3,869	735	8,085	10,958	920
Residential		-	-	-	53	189	-
Total	$	18,096	37,476	735	57,009	95,439	1,874

Average Recorded Investment And Interest Income Recognized On Impaired Loans



		For the Year Ended
		December 31, 2014		December 31, 2013
		Average Recorded	Interest Income	Average Recorded	Interest Income
		Investment	Recognized	Investment	Recognized
With an allowance recorded:
Commercial non-real estate	$	-	-	3,015	119
Commercial real estate:		-	-	-	2
Consumer		837	7	1,040	-
Residential:		-	-	-	-
Total with allowance recorded	$	837	7	4,055	121
With no related allowance recorded:
Commercial non-real estate	$	1,368	121	330	-
Commercial real estate:		17,575	839	47,524	1,278
Consumer		4,218	151	7,118	200
Residential:		-	-	55	-
Total with no allowance recorded	$	23,161	1,111	55,027	1,478
Total:
Commercial non-real estate	$	1,368	121	3,345	119
Commercial real estate		17,575	839	47,524	1,280
Consumer		5,055	158	8,158	200
Residential		-	-	55	-
Total	$	23,998	1,118	59,082	1,599

Individually impaired loans and the average recorded investment and interest income recognized on impaired loans as of December 31, 2012 (in thousands):



		As of December 31, 2012
			Unpaid		Average
		Recorded	Principal	Related	Recorded	Interest
		Investment	Balance	Allowance	Investment	Income
With a related allowance recorded:
Commercial non-real estate	$	3,032	3,287	784	3,032	137
Commercial real estate:		28,195	41,366	837	28,259	1,068
Consumer		-	-	-	-	-
Residential:		-	-	-	-	-
Total with allowance recorded	$	31,227	44,653	1,621	31,291	1,205
With no related allowance recorded:
Commercial non-real estate	$	330	634	-	330	-
Commercial real estate:		143,388	232,695	-	139,684	4,873
Consumer		16,050	20,501	-	17,887	282
Residential:		48,317	77,628	-	56,776	177
Total with no allowance recorded	$	208,085	331,458	-	214,677	5,332
Total:
Commercial non-real estate	$	3,362	3,921	784	3,362	137
Commercial real estate		171,583	274,061	837	167,943	5,941
Consumer		16,050	20,501	-	17,887	282
Residential		48,317	77,628	-	56,776	177
Total	$	239,312	376,111	1,621	245,968	6,537

Accruing and non-accruing commercial loans by class

The following table presents the amount of accruing and non-accruing commercial loans by class as of December 31, 2014 (in thousands): (



		Commercial
		Non	Commercial
		Real Estate	Real Estate
Accruing	$	-	9,725
Non-accruing		1,326	14,464
Total	$	1,326	24,189

The following table presents the amount of accruing and non-accruing commercial loans by class as of December 31, 2013 (in thousands):



		Commercial
		Non	Commercial
		Real Estate	Real Estate
Accruing	$	-	17,397
Non-accruing		3,331	45,540
Total	$	3,331	62,937

Schedule Of Troubled Debt Restructurings



	For the Year Ended
	December 31, 2012
			Recorded
	Number		Investment
Troubled Debt Restructurings
Commercial non-real estate	-	$	-
Commercial real estate	-		-
Small business	-		-
Consumer	1		47
Residential	1		62
Total Troubled Debt Restructured	2	$	109

There were no loans modified in troubled debt restructurings since January 1, 2012 that experienced a payment default during the years ended December 31, 2014 and 2013. The following table represents the recorded investment of loans that were modified in troubled debt restructurings beginning January 1, 2011 and experienced a payment default during the year ended December 31, 2012 (dollars in thousands):



	For the Year Ended
	December 31, 2012
			Recorded
	Number		Investment
Troubled Debt Restructurings which
have subsequently defaulted:
Commercial non-real estate	-	$	-
Commercial real estate	6		27,377
Small business	-		-
Consumer	-		-
Residential	9		627
Total Troubled Debt Restructured	15	$	28,004