Loans and Leases (Tables)

9 Months Ended

Sep. 30, 2014

Loans and Leases [Abstract]

Major classifications of loans held for investment

	September 30,		December 31,
(In thousands)	2014		2013
Commercial real estate	$	164,522	$	148,293
Construction and land development		41,676		45,261
Commercial and industrial		70,743		79,589
Multi-family		16,893		11,737
Residential real estate		44,261		25,535
Leases		48,588		42,524
Tax certificates		8,230		12,716
Consumer		2,263		826
Total LHFI, net of unearned income	$	397,176	$	366,481

Risk ratings for loan portfolio segment

As of September 30, 2014
(In thousands)	Pass		Pass-Watch		Special Mention		Substandard		Non-accrual		Total
Commercial real estate	$	128,983	$	25,167	$	5,062	$	1,578	$	3,732	$	164,522
Construction and land development		12,685		25,051		3,125		—		815		41,676
Commercial & industrial		56,385		7,688		750		3,337		2,583		70,743
Multi-family		16,050		321		522		—		—		16,893
Residential real estate		43,278		—		—		—		983		44,261
Leases		47,863		197		3		—		525		48,588
Tax certificates		7,102		—		—		—		1,128		8,230
Consumer		2,207		56		—		—		—		2,263
Total LHFI, net of unearned income	$	314,553	$	58,480	$	9,462	$	4,915	$	9,766	$	397,176

As of December 31, 2013
(In thousands)	Pass		Pass-Watch		Special Mention		Substandard		Non-accrual		Total
Commercial real estate	$	99,525	$	32,267	$	11,572	$	2,604	$	2,325	$	148,293
Construction and land development		14,677		16,270		11,095		569		2,650		45,261
Commercial & industrial		50,478		10,508		5,735		9,239		3,629		79,589
Multi-family		10,792		410		535		—		—		11,737
Residential real estate		24,903		—		—		—		632		25,535
Leases		41,325		485		247		—		467		42,524
Tax certificates		12,262		—		—		—		454		12,716
Consumer		750		76		—		—		—		826
Total LHFI, net of unearned income	$	254,712	$	60,016	$	29,184	$	12,412	$	10,157	$	366,481

Aging analysis of past due payments for loan portfolio segment

As of September 30, 2014	30-59 Days		60-89 Days		Accruing
(In thousands)	Past Due		Past Due		90+ Days		Non-accrual		Current		Total
Commercial real estate	$	—	$	—	$	—	$	3,732	$	160,790	$	164,522
Construction and land development		—		—		—		815		40,861		41,676
Commercial & industrial		41		40		—		2,583		68,079		70,743
Multi-family		—		—		—		—		16,893		16,893
Residential real estate		47		116		—		983		43,115		44,261
Leases		198		3		—		525		47,862		48,588
Tax certificates		—		—		—		1,128		7,102		8,230
Consumer		—		—		—		—		2,263		2,263
Total LHFI, net of unearned income	$	286	$	159	$	—	$	9,766	$	386,965	$	397,176

As of December 31, 2013	30-59 Days		60-89 Days		Accruing
(In thousands)	Past Due		Past Due		90+ Days		Non-accrual		Current		Total
Commercial real estate	$	996	$	—	$	—	$	2,325	$	144,972	$	148,293
Construction and land development		—		—		—		2,650		42,611		45,261
Commercial & industrial		115		49		—		3,629		75,796		79,589
Multi-family		—		—		—		—		11,737		11,737
Residential real estate		458		262		—		632		24,183		25,535
Leases		485		247		—		467		41,325		42,524
Tax certificates		—		—		—		454		12,262		12,716
Consumer		—		—		—		—		826		826
Total LHFI, net of unearned income	$	2,054	$	558	$	—	$	10,157	$	353,712	$	366,481

Composition of the non-accrual loans

	As of September 30, 2014				As of December 31, 2013
	Loan		Specific		Loan		Specific
(In thousands)	balance		reserves		balance		reserves
Non-accrual loans held for investment
Commercial real estate	$	3,732	$	205	$	2,325	$	331
Construction and land development		815		172		2,650		—
Commercial & industrial		2,583		5		3,629		452
Residential real estate		983		30		632		19
Leases		525		62		467		60
Tax certificates		1,128		19		454		24
Total non-accrual LHFI	$	9,766	$	493	$	10,157	$	886
Non-accrual loans held for sale
Construction and land development	$	1,018	$	—	$	—	$	—
Total non-accrual LHFS	$	1,018	$	—	$	—	$	—
Total non-accrual loans	$	10,784	$	493	$	10,157	$	886

Information pertaining to impaired Loans

	September 30,		December 31,
(In thousands)	2014		2013
Impaired LHFI with a valuation allowance	$	4,232	$	3,835
Impaired LHFI without a valuation allowance		11,909		14,671
Impaired LHFS		1,018		—
Total impaired loans and leases	$	17,159	$	18,506
Valuation allowance related to impaired LHFI	$	493	$	886

Troubled debt restructurings that are on an accrual status and a non-accrual status

	As of September 30, 2014
				Non-
	Number of	Accrual		Accrual
(In thousands)	loans	Status		Status		Total TDRs
Commercial real estate	2	$	2,883	$	—	$	2,883
Construction and land development	3		378		815		1,193
Commercial & industrial	6		3,672		1,497		5,169
Residential real estate	1		—		105		105
Total	12	$	6,933	$	2,417	$	9,350

	As of December 31, 2013
				Non-
	Number of	Accrual		Accrual
(In thousands)	loans	Status		Status		Total TDRs
Commercial real estate	3	$	3,847	$	—	$	3,847
Construction and land development	4		1,257		479		1,736
Commercial & industrial	3		4,420		1,960		6,380
Residential real estate	2		—		121		121
Total	12	$	9,524	$	2,560	$	12,084

Newly restructured loans

	Modifications by type for the three months ended September 30, 2014
												Pre-		Post-
												Modification		Modification
												Outstanding		Outstanding
	Number of							Combination				Recorded		Recorded
(Dollars in thousands)	loans	Rate		Term		Payment		of types		Total		Investment		Investment
Commercial & industrial	1	$	—	$	188	$	—	$	—	$	188	$	189	$	189
Total	1	$	—	$	188	$	—	$	—	$	188	$	189	$	189

	Modifications by type for the nine months ended September 30, 2014
												Pre-		Post-
												Modification		Modification
												Outstanding		Outstanding
	Number of							Combination				Recorded		Recorded
(Dollars in thousands)	loans	Rate		Term		Payment		of types		Total		Investment		Investment
Commercial & industrial	3	$	—	$	233	$	—	$	28	$	261	$	262	$	262
Total	3	$	—	$	233	$	—	$	28	$	261	$	262	$	262

	Modifications by type for the nine months ended September 30, 2013
												Pre-		Post-
												Modification		Modification
												Outstanding		Outstanding
	Number of							Combination				Recorded		Recorded
(Dollars in thousands)	loans	Rate		Term		Payment		of types		Total		Investment		Investment
Commercial real estate	2	$	—	$	—	$	—	$	3,705	$	3,705	$	3,761	$	3,761
Commercial & industrial	1		—		—		—		82		82		87		87
Total	3	$	—	$	—	$	—	$	3,787	$	3,787	$	3,848	$	3,848