Document_And_Entity_Informatio
Document And Entity Information | 9 Months Ended | |
Sep. 30, 2013 | Nov. 01, 2013 | |
Document and Entity Information [Abstract] | ' | ' |
Entity Registrant Name | 'Mission Community Bancorp | ' |
Document Type | '10-Q | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Common Stock, Shares Outstanding | ' | 8,755,066 |
Amendment Flag | 'false | ' |
Entity Central Index Key | '0001129920 | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Voluntary Filers | 'No | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Well-known Seasoned Issuer | 'No | ' |
Document Period End Date | 30-Sep-13 | ' |
Document Fiscal Year Focus | '2013 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Condensed_Consolidated_Balance
Condensed Consolidated Balance Sheets (Unaudited) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | |||
In Thousands, unless otherwise specified | ||||||
Assets | ' | ' | ' | |||
Cash and due from banks | $22,423 | $25,635 | $21,197 | |||
Total cash and cash equivalents | 22,423 | 25,635 | 21,197 | |||
Certificates of deposit in other banks | 1,979 | 3,706 | 5,176 | |||
Investment securities available for sale | 107,918 | 127,822 | 147,066 | |||
Loans held for sale | 5,113 | [1] | 1,548 | [1] | 3,490 | [1] |
Loans, net of unearned income | 272,432 | 243,741 | 233,537 | |||
Less allowance for loan and lease losses | -4,397 | -4,242 | -4,100 | |||
Net loans | 268,035 | 239,499 | 229,437 | |||
Federal Home Loan Bank stock and other investments | 6,974 | 6,822 | 6,699 | |||
Premises and equipment | 15,514 | 16,131 | 15,978 | |||
Other real estate owned | 861 | 818 | 1,463 | |||
Company owned life insurance | 8,177 | 8,015 | 7,958 | |||
Core deposit intangible asset, net of accumulated amortization | 2,461 | 2,765 | 2,866 | |||
Accrued interest and other assets | 1,775 | 2,446 | 1,988 | |||
Total Assets | 441,230 | 435,207 | 443,318 | |||
Deposits: | ' | ' | ' | |||
Noninterest-bearing demand | 137,077 | 130,694 | 125,778 | |||
Money market, NOW and savings | 151,219 | 154,074 | 153,332 | |||
Time certificates of deposit | 100,516 | 102,500 | 110,298 | |||
Total deposits | 388,812 | 387,268 | 389,408 | |||
Other borrowings | 6,000 | 0 | 3,800 | |||
Junior subordinated debt securities | 5,688 | 5,604 | 5,576 | |||
Accrued interest and other liabilities | 2,384 | 2,063 | 2,668 | |||
Total liabilities | 402,884 | 394,935 | 401,452 | |||
Shareholders' equity: | ' | ' | ' | |||
Common stock - 50,000,000 shares authorized; issued and outstanding: 8,755,066 at September 30, 2013, 8,155,066 at December 31, 2012, and 7,855,066 at September 30, 2012 | 45,825 | 42,825 | 41,325 | |||
Additional paid-in capital | 8,871 | 8,768 | 8,730 | |||
Accumulated deficit | -14,457 | -16,122 | -16,487 | |||
Accumulated other comprehensive income (loss) | -1,893 | 1,801 | 2,293 | |||
Total shareholders' equity | 38,346 | 37,272 | 35,861 | |||
Total Liabilities and Shareholders' Equity | 441,230 | 435,207 | 443,318 | |||
Bancorp-Issued Preferred Stock Series A, B, and C [Member] | ' | ' | ' | |||
Mezzanine financing: | ' | ' | ' | |||
Redeemable preferred stock | ' | 1,000 | 1,205 | |||
Subsidiary-Issued Preferred Stock [Member] | ' | ' | ' | |||
Mezzanine financing: | ' | ' | ' | |||
Redeemable preferred stock | ' | $2,000 | $4,800 | |||
[1] | Consists of all loans held at Mission Asset Management, Inc. and SBA-guaranteed loans held for sale at Mission Community Bank |
Condensed_Consolidated_Balance1
Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 |
In Thousands, except Share data, unless otherwise specified | |||
Common stock, shares authorized (in Shares) | 50,000,000 | 50,000,000 | 50,000,000 |
Common stock, shares issued (in Shares) | 8,755,066 | 8,155,066 | 7,855,066 |
Common stock, shares outstanding (in Shares) | 8,755,066 | 8,155,066 | 7,855,066 |
Bancorp-Issued Preferred Stock Series A, B, and C [Member] | ' | ' | ' |
Liquidation value (in Dollars) | ' | 1,000 | 1,205 |
Subsidiary-Issued Preferred Stock [Member] | ' | ' | ' |
Liquidation value (in Dollars) | ' | 2,000 | 4,800 |
Condensed_Consolidated_Stateme
Condensed Consolidated Statements of Operations (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Interest Income | ' | ' | ' | ' |
Interest and fees on loans | $4,528,000 | $3,739,000 | $12,456,000 | $12,389,000 |
Interest on investment securities | 525,000 | 696,000 | 1,761,000 | 2,035,000 |
Other interest income | 16,000 | 17,000 | 39,000 | 85,000 |
Total interest income | 5,069,000 | 4,452,000 | 14,256,000 | 14,509,000 |
Interest Expense | ' | ' | ' | ' |
Interest on money market, NOW and savings deposits | 64,000 | 71,000 | 198,000 | 212,000 |
Interest on time certificates of deposit | 95,000 | 149,000 | 291,000 | 601,000 |
Other interest expense | 89,000 | 82,000 | 247,000 | 246,000 |
Total interest expense | 248,000 | 302,000 | 736,000 | 1,059,000 |
Net interest income | 4,821,000 | 4,150,000 | 13,520,000 | 13,450,000 |
Provision for loan and lease losses | 210,000 | 225,000 | 310,000 | 675,000 |
Net interest income after provision for loan and lease losses | 4,611,000 | 3,925,000 | 13,210,000 | 12,775,000 |
Non-interest income | ' | ' | ' | ' |
Service charges on deposit accounts | 292,000 | 236,000 | 849,000 | 691,000 |
Gain on sale of Government-guaranteed loans | 351,000 | ' | 351,000 | 8,000 |
Net gains on disposition of other loans held for sale | ' | 685,000 | 609,000 | 711,000 |
Loan servicing fees, net of amortization | 18,000 | 37,000 | 96,000 | 119,000 |
Gain (loss) on sale or call of available-for-sale securities, net | -1,521,000 | 407,000 | -1,347,000 | 934,000 |
Gain (loss) or (writedown) of other real estate owned, net | 599,000 | -170,000 | 571,000 | -458,000 |
Change in fair value of warrant liability | ' | -11,000 | ' | 68,000 |
Increase in cash surrender value of life insurance | 54,000 | 57,000 | 162,000 | 172,000 |
Other income and fees | 141,000 | 71,000 | 398,000 | 169,000 |
Total non-interest income | -66,000 | 1,312,000 | 1,689,000 | 2,414,000 |
Non-interest expense | ' | ' | ' | ' |
Salaries and employee benefits | 2,267,000 | 2,237,000 | 7,000,000 | 7,090,000 |
Occupancy expenses | 415,000 | 431,000 | 1,233,000 | 1,353,000 |
Furniture and equipment | 207,000 | 162,000 | 627,000 | 597,000 |
Data processing | 467,000 | 464,000 | 1,295,000 | 1,805,000 |
Professional fees | 199,000 | 265,000 | 534,000 | 1,000,000 |
Marketing and business development | 101,000 | 96,000 | 270,000 | 312,000 |
Office supplies and expenses | 145,000 | 145,000 | 446,000 | 537,000 |
Insurance and regulatory assessments | 139,000 | 162,000 | 423,000 | 485,000 |
Loan and lease expenses | 62,000 | 56,000 | 275,000 | 246,000 |
Other real estate expenses | -14,000 | 89,000 | -5,000 | 238,000 |
Provision for unfunded loan commitments | 25,000 | 25,000 | 50,000 | 25,000 |
Amortization of core deposit intangible asset | 101,000 | 101,000 | 303,000 | 303,000 |
Other expenses | 198,000 | 244,000 | 652,000 | 744,000 |
Total non-interest expense | 4,312,000 | 4,477,000 | 13,103,000 | 14,735,000 |
Income before income taxes | 233,000 | 760,000 | 1,796,000 | 454,000 |
Income tax (benefit) expense | 6,000 | ' | 45,000 | 3,000 |
Net income | 227,000 | 760,000 | 1,751,000 | 451,000 |
Less earnings and dividends attributable to preferred stock | 18,000 | 151,000 | 105,000 | 500,000 |
Net income (loss) attributable to common stock | $209,000 | $609,000 | $1,646,000 | ($49,000) |
Per Common Share Data: | ' | ' | ' | ' |
Net income (loss) - basic (in Dollars per share) | $0.02 | $0.08 | $0.20 | ($0.01) |
Net income (loss) - diluted (in Dollars per share) | $0.02 | $0.08 | $0.20 | ($0.01) |
Average common shares outstanding - basic (in Shares) | 8,755,066 | 7,855,066 | 8,418,253 | 7,792,292 |
Average common shares outstanding - diluted (in Shares) | 8,771,942 | 7,855,066 | 8,430,121 | 7,792,292 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Net income | $227 | $760 | $1,751 | $451 |
Other comprehensive income (loss): | ' | ' | ' | ' |
Unrealized gains (losses) arising during the period on available-for-sale securities, net of taxes of $-0- | -416 | 565 | -5,041 | 1,532 |
Less reclassification adjustment for securities losses (gains) included in net income, net of taxes of $-0- | 1,521 | -407 | 1,347 | -934 |
Other comprehensive income (loss) | 1,105 | 158 | -3,694 | 598 |
Comprehensive income (loss) | $1,332 | $918 | ($1,943) | $1,049 |
Consolidated_Statements_of_Com1
Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (Parentheticals) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Unrealized gains arising during the period on available-for-sale securities, tax (in Dollars) | $0 | $0 | $0 | $0 |
Taxes on securities gains included in net income (in Dollars) | $0 | $0 | $0 | $0 |
Condensed_Consolidated_Stateme1
Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (USD $) | Common Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Warrant [Member] | Total |
Warrant [Member] | |||||||
Balance at January 1, 2013 at Dec. 31, 2012 | ' | $42,825,000 | $8,768,000 | ($16,122,000) | $1,801,000 | ' | $37,272,000 |
Balance at January 1, 2013 (in Shares) at Dec. 31, 2012 | ' | 8,155,066 | ' | ' | ' | ' | ' |
Exercise of common stock warrants | 3,000,000 | ' | ' | ' | ' | 3,000,000 | ' |
Exercise of common stock warrants (in Shares) | 600,000 | ' | ' | ' | ' | ' | ' |
Dividends declared on subsidiary-issued preferred stock | ' | ' | ' | -86,000 | ' | ' | -86,000 |
Stock-based compensation | ' | ' | 103,000 | ' | ' | ' | 103,000 |
Net income | ' | ' | ' | 1,751,000 | ' | ' | 1,751,000 |
Other comprehensive loss | ' | ' | ' | ' | -3,694,000 | ' | -3,694,000 |
Balance at September 30, 2013 at Sep. 30, 2013 | ' | $45,825,000 | $8,871,000 | ($14,457,000) | ($1,893,000) | ' | $38,346,000 |
Balance at September 30, 2013 (in Shares) at Sep. 30, 2013 | ' | 8,755,066 | ' | ' | ' | ' | ' |
Condensed_Consolidated_Stateme2
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
Operating Activities | ' | ' |
Net income | $1,751 | $451 |
Adjustments to reconcile net income to net cash provided by operating activities: | ' | ' |
Depreciation | 736 | 695 |
Amortization of premium on securities and loans, net | 1,016 | 1,016 |
Amortization of core deposit intangible asset | 303 | 303 |
Accretion of discount on assets acquired in merger | -2,711 | -2,186 |
Amortization of discount on liabilities assumed in merger | 84 | 84 |
Provision for loan and lease losses | 310 | 675 |
Provision for losses on unfunded loan commitments | 50 | 25 |
Stock-based compensation | 103 | 109 |
Loss (gain) on sale or call of available-for-sale securities | 1,347 | -934 |
Gain on sale of loans | -351 | -8 |
Gains on disposition of loans held for sale | -609 | -711 |
Change in the fair value of warrant liability | ' | -68 |
Net (gains) losses and writedowns of other real estate owned | -571 | 458 |
Increase in company-owned life insurance | -162 | -172 |
Reinvested earnings from FHLB stock and other investments | -171 | ' |
Net increase in accrued taxes receivable | -5 | ' |
Other, net | 991 | 538 |
Proceeds from sale of loans originated for sale | 371 | 101 |
Loans originated for sale | -343 | ' |
Net cash provided by operating activities | 2,139 | 376 |
Investing Activities | ' | ' |
Net decrease (increase) in deposits in other banks | 1,727 | -1,584 |
Purchase of available-for-sale securities | -78,005 | -106,091 |
Proceeds from maturities, calls and paydowns of available-for-sale securities | 26,909 | 33,021 |
Proceeds from sales of available-for-sale securities | 64,914 | 54,788 |
Net increase in loans held for investment | -35,458 | -6,971 |
Net decrease in loans held for sale | 143 | 3,962 |
Proceeds from sale of loans originated for investment | 6,564 | ' |
Net decrease (increase) in FHLB stock and other investments | 20 | -2,751 |
Purchases of premises and equipment | -118 | -431 |
Proceeds from sale of premises and equipment | ' | 21 |
Additional investments in other real estate owned | -71 | ' |
Proceeds from sale of other real estate owned | 599 | 4,780 |
Net cash used in investing activities | -12,776 | -21,256 |
Financing Activities | ' | ' |
Net increase in demand deposits and savings accounts | 3,528 | 17,732 |
Net decrease in time deposits | -1,984 | -38,898 |
Net increase in other borrowings and mezzanine financing | 3,000 | 1,600 |
Proceeds from exercise of common stock warrants | 3,000 | 500 |
Payment of dividends on preferred stock | -119 | -478 |
Net cash provided by (used in) financing activities | 7,425 | -19,544 |
Net decrease in cash and cash equivalents | -3,212 | -40,424 |
Cash and cash equivalents at beginning of period | 25,635 | 61,621 |
Cash and cash equivalents at end of period | 22,423 | 21,197 |
Non-cash changes: | ' | ' |
Change in unrealized (losses) gains on available-for-sale securities | -3,694 | 598 |
Loans reclassified to held for sale | 10,034 | 4,583 |
Real estate acquired by foreclosure | ' | 1,462 |
Adjustments to net contribution from shareholder recognized in additional paid-in capital for Santa Lucia merger | ' | 1,130 |
Cancellation of warrants accounted for as liabilities | ' | -5,116 |
Supplemental disclosures of cash flow information: | ' | ' |
Interest paid | 735 | 1,249 |
Taxes paid | $50 | $3 |
Note_1_Basis_of_Presentation_a
Note 1 - Basis of Presentation and Management Representations | 9 Months Ended |
Sep. 30, 2013 | |
Disclosure Text Block [Abstract] | ' |
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | ' |
Note 1 – Basis of Presentation and Management Representations | |
The unaudited consolidated financial statements include accounts of Mission Community Bancorp (“the Company”) and its subsidiaries, Mission Community Bank (“the Bank”) and Mission Asset Management, Inc. (“MAM”), and the Bank’s subsidiary, Mission Community Development Corporation. All material inter-company balances and transactions have been eliminated. | |
These financial statements have been prepared in accordance with the Securities and Exchange Commission’s rules and regulations for quarterly reporting and, therefore, do not necessarily include all information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles. These financial statements should be read in conjunction with the Company’s Form 10-K for the year ended December 31, 2012, which was filed on March 27, 2013. | |
Operating results for interim periods are not necessarily indicative of operating results for an entire fiscal year. In the opinion of management, the unaudited financial statements for the three-month and nine-month periods ended September 30, 2013 and 2012 reflect all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the Company’s financial position and results of operations. | |
The Bank has been organized as a single reporting segment and operates five branches in the Central Coast area of California (in the cities of San Luis Obispo, Paso Robles, Atascadero, Arroyo Grande and Santa Maria). In addition, the Bank operates a loan production office in San Luis Obispo, with a primary focus on Small Business Administration (“SBA”) lending, and a Food and Agriculture Division, operating through a loan production office in Oxnard, California. | |
The Bank’s primary source of revenue is providing real estate, commercial and industrial (including SBA-guaranteed loans) and agricultural loans to customers, who are predominately small and middle-market businesses and individuals. | |
The Bank’s deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to applicable legal limits. | |
Certain reclassifications have been made to prior period balances to conform to classifications in 2013, with no impact to previously reported net income (loss) or shareholders’ equity. |
Note_2_Stock_Based_Compensatio
Note 2 - Stock Based Compensation Plans | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | ' | ||||||||||||||||
Note 2 – Stock Based Compensation Plans | |||||||||||||||||
The Company has three stock compensation plans—the 1998 Stock Option Plan, the 2008 Stock Incentive Plan and the 2011 Equity Incentive Plan (the “2011 Plan”)—which are more fully described in Note J to the consolidated financial statements in the Company’s Annual Report on Form 10-K. | |||||||||||||||||
The 2011 Plan provides for the issuance of both “incentive” and “nonqualified” stock options, restricted stock awards, stock appreciation rights and stock awards. Awards under the 2011 Plan may be made to salaried officers and employees of the Company and its affiliates, to non-employee directors of the Company and its affiliates, and to consultants providing services to the Company and its affiliates. Awards under the 2011 Plan may be granted on such terms and conditions as are established by the Board of Directors or an authorized Committee of the Board of Directors in its discretion. Awards may be granted as performance-based compensation under section 162(m) of the Internal Revenue Code. | |||||||||||||||||
The Company determines the fair value of options granted on the date of grant using a Black-Scholes-Merton option pricing model, which uses assumptions based on expected option life, expected stock volatility and the risk-free interest rate. The expected volatility assumptions used by the Company are based on the historical volatility of the Company’s common stock over the most recent period commensurate with the estimated expected life of the Company’s stock options. The Company bases its expected life assumption on its historical experience and on the terms and conditions of the stock options it grants to employees. The risk-free rate is based on the U.S. Treasury yield curve for the periods within the contractual life of the options in effect at the time of the grant. The Company also makes assumptions regarding estimated forfeitures that will impact the total compensation expenses recognized. | |||||||||||||||||
No options were granted in either of the nine-month periods ended September 30, 2013 and 2012. | |||||||||||||||||
During the nine-month periods ended September 30, 2013 and 2012, the Company recognized pre-tax stock-based compensation expense of $103,000 and $109,000, respectively. As of September 30, 2013, the Company has unvested options outstanding with unrecognized compensation expense totaling $201,000, which is scheduled to be recognized as follows (in thousands): | |||||||||||||||||
October 1 through December 31, 2013 | $ | 16 | |||||||||||||||
2014 | 62 | ||||||||||||||||
2015 | 62 | ||||||||||||||||
2016 | 51 | ||||||||||||||||
2017 | 10 | ||||||||||||||||
Total unrecognized compensation cost | $ | 201 | |||||||||||||||
No options outstanding were “in the money” as of September 30, 2013. | |||||||||||||||||
The following table summarizes information about stock option activity for the nine months ended September 30, 2013: | |||||||||||||||||
Shares | Weighted-Average Exercise Price | Weighted-Average Remaining Contractual Term (Years) | Aggregate Intrinsic Value of In-the-Money Options | ||||||||||||||
Outstanding at beginning of period | 456,900 | $ | 6.12 | ||||||||||||||
Options granted | - | ||||||||||||||||
Options exercised | - | ||||||||||||||||
Options expired unexercised | - | ||||||||||||||||
Options forfeited | (6,500 | ) | 12.88 | ||||||||||||||
Outstanding at end of period | 450,400 | $ | 6.03 | 8 | $ | - | |||||||||||
Options exercisable at end of period | 217,400 | $ | 7.12 | 7 | $ | - | |||||||||||
Options Vested or Expected to Vest | 450,400 | $ | 6.03 | 8 | $ | - | |||||||||||
Note_3_Investment_Securities
Note 3 - Investment Securities | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | ' | ||||||||||||||||||||||||
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | ' | ||||||||||||||||||||||||
Note 3 — Investment Securities | |||||||||||||||||||||||||
Investment securities have been classified in the consolidated balance sheets as available for sale according to management’s intent. The amortized cost of securities and their approximate fair values as of the balance sheet dates were as follows: | |||||||||||||||||||||||||
(in thousands) | Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Estimated Fair Value | |||||||||||||||||||||
September 30, 2013: | |||||||||||||||||||||||||
U.S. Government agencies | $ | 18,944 | $ | 83 | $ | (463 | ) | $ | 18,564 | ||||||||||||||||
Residential mortgage-backed securities | 52,841 | 182 | (1,147 | ) | 51,876 | ||||||||||||||||||||
Municipal securities | 15,253 | 59 | (171 | ) | 15,141 | ||||||||||||||||||||
Corporate debt securities | 3,250 | 3 | (19 | ) | 3,234 | ||||||||||||||||||||
Asset-backed securities | 19,523 | - | (420 | ) | 19,103 | ||||||||||||||||||||
$ | 109,811 | $ | 327 | $ | (2,220 | ) | $ | 107,918 | |||||||||||||||||
December 31, 2012: | |||||||||||||||||||||||||
U.S. Government agencies | $ | 30,007 | $ | 589 | $ | (7 | ) | $ | 30,589 | ||||||||||||||||
Residential mortgage-backed securities | 60,550 | 1,159 | (49 | ) | 61,660 | ||||||||||||||||||||
Municipal securities | 19,247 | 132 | (106 | ) | 19,273 | ||||||||||||||||||||
Corporate debt securities | 3,015 | 2 | (21 | ) | 2,996 | ||||||||||||||||||||
Asset-backed securities | 13,202 | 112 | (10 | ) | 13,304 | ||||||||||||||||||||
$ | 126,021 | $ | 1,994 | $ | (193 | ) | $ | 127,822 | |||||||||||||||||
September 30, 2012: | |||||||||||||||||||||||||
U.S. Government agencies | $ | 42,686 | $ | 561 | $ | - | $ | 43,247 | |||||||||||||||||
Residential mortgage-backed securities | 68,968 | 1,527 | (16 | ) | 70,479 | ||||||||||||||||||||
Municipal securities | 16,445 | 202 | (55 | ) | 16,592 | ||||||||||||||||||||
Corporate debt securities | 3,026 | 4 | (6 | ) | 3,024 | ||||||||||||||||||||
Asset-backed securities | 13,647 | 77 | - | 13,724 | |||||||||||||||||||||
$ | 144,772 | $ | 2,371 | $ | (77 | ) | $ | 147,066 | |||||||||||||||||
The scheduled maturities of investment securities at September 30, 2013, were as follows. Actual maturities may differ from contractual maturities because some investment securities may allow the right to call or prepay the obligation with or without call or prepayment penalties. | |||||||||||||||||||||||||
(in thousands) | Available-for-Sale Securities | ||||||||||||||||||||||||
Amortized Cost | Fair Value | ||||||||||||||||||||||||
Within one year | $ | 241 | $ | 241 | |||||||||||||||||||||
Due in one year to five years | 7,104 | 7,068 | |||||||||||||||||||||||
Due in five years to ten years | 30,865 | 30,563 | |||||||||||||||||||||||
Due in greater than ten years | 71,601 | 70,046 | |||||||||||||||||||||||
$ | 109,811 | $ | 107,918 | ||||||||||||||||||||||
Investment securities in a temporary unrealized loss position as of each balance sheet date are shown in the following table, based on the length of time they have been continuously in an unrealized loss position: | |||||||||||||||||||||||||
(in thousands) | Less than 12 Months | 12 Months or Longer | Total | ||||||||||||||||||||||
Fair Value | Unrealized Losses | Fair Value | Unrealized Losses | Fair Value | Unrealized Losses | ||||||||||||||||||||
September 30, 2013: | |||||||||||||||||||||||||
U.S. Government agencies | $ | 11,379 | $ | 463 | $ | - | $ | - | $ | 11,379 | $ | 463 | |||||||||||||
Residential mortgage-backed securities | 46,380 | 1,147 | - | - | 46,380 | 1,147 | |||||||||||||||||||
Municipal securities | 9,797 | 132 | 1,525 | 39 | 11,322 | 171 | |||||||||||||||||||
Corporate debt securities | 2,231 | 19 | - | - | 2,231 | 19 | |||||||||||||||||||
Asset-backed securities | 19,102 | 420 | - | - | 19,102 | 420 | |||||||||||||||||||
$ | 88,889 | $ | 2,181 | $ | 1,525 | $ | 39 | $ | 90,414 | $ | 2,220 | ||||||||||||||
December 31, 2012: | |||||||||||||||||||||||||
U.S. Government agencies | $ | 3,005 | $ | 7 | $ | - | $ | - | $ | 3,005 | $ | 7 | |||||||||||||
Residential mortgage-backed securities | 7,605 | 49 | - | - | 7,605 | 49 | |||||||||||||||||||
Municipal securities | 12,168 | 106 | - | - | 12,168 | 106 | |||||||||||||||||||
Corporate debt securities | 1,979 | 21 | - | - | 1,979 | 21 | |||||||||||||||||||
Asset-backed securities | 3,174 | 10 | - | - | 3,174 | 10 | |||||||||||||||||||
$ | 27,931 | $ | 193 | $ | - | $ | - | $ | 27,931 | $ | 193 | ||||||||||||||
September 30, 2012: | |||||||||||||||||||||||||
U.S. Government agencies | - | $ | - | $ | - | $ | - | $ | - | $ | - | ||||||||||||||
Residential mortgage-backed securities | 9,601 | $ | 16 | $ | - | $ | - | $ | 9,601 | $ | 16 | ||||||||||||||
Municipal securities | 4,986 | 55 | - | - | 4,986 | 55 | |||||||||||||||||||
Corporate debt securities | 1,994 | 6 | - | - | 1,994 | 6 | |||||||||||||||||||
Asset-backed securities | - | - | - | - | - | - | |||||||||||||||||||
$ | 16,581 | $ | 77 | $ | - | $ | - | $ | 16,581 | $ | 77 | ||||||||||||||
As of September 30, 2013, the Company held 69 securities that had been in an unrealized loss position for less than 12 months. Five securities have been in an unrealized loss position for 12 months or longer as of September 30, 2013. The unrealized losses relate principally to changes in market interest rate conditions. All of the securities continue to pay as scheduled. When analyzing the issuer’s financial condition, management considers the length of time and extent to which the market value has been less than cost; the historical and implied volatility of the security; the financial condition of the issuer of the security; and the Bank’s intent and ability to hold the security to recovery. As of September 30, 2013, management did not have the intent to sell these securities nor did it believe it is more likely than not that it will be required to sell these securities before maturity or the recovery of amortized cost basis. Based on the Bank’s evaluation of the above and other relevant factors, the Bank does not believe the securities that are in an unrealized loss position as of September 30, 2013, are other than temporarily impaired. However, in light of continued declines in the fair values of these securities, as a result of increases in long- and intermediate-term market interest rates, management may reevaluate its intention to hold all of these securities until maturity or until recovery of its amortized cost basis. | |||||||||||||||||||||||||
Gross gains totaling $324,000 and losses of $1,671,000 were recognized in the first nine months of 2013 on sales of $66,260,000 of securities. During the first nine months of 2012, $53,854,000 of securities were sold, resulting in gains of $936,000 and $2,000 of losses. | |||||||||||||||||||||||||
As of September 30, 2013, investment securities carried at $24,638,000 were pledged to secure public deposits, as required by law. Investment securities carried at $10,589,000 as of September 30, 2013, were pledged to secure potential borrowings from the Federal Home Loan Bank of San Francisco. Securities carried at $4,460,000 as of September 30, 2013, were pledged to secure potential intra-day overdrafts at the Federal Reserve Bank of San Francisco (“FRB”) and $1,484,000 of securities were pledged to secure standby letter of credit agreements issued by an unaffiliated bank. |
Note_4_Loans
Note 4 - Loans | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Receivables [Abstract] | ' | ||||||||||||||||||||||||
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | ' | ||||||||||||||||||||||||
Note 4 — Loans | |||||||||||||||||||||||||
The Company’s loan portfolio consists primarily of loans to borrowers within the Central Coast area of California. Although the Company seeks to avoid concentrations of loans to a single industry or based upon a single class of collateral, real estate and real estate associated businesses are among the principal industries in the Company’s market area and, as a result, the loan and collateral portfolios are concentrated in those industries and in that geographic area. | |||||||||||||||||||||||||
The following table shows the composition of the Company’s loans by type: | |||||||||||||||||||||||||
Loan Composition | |||||||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | 30-Sep-12 | |||||||||||||||||||||||
Type of Loan | Amount | Percentage | Amount | Percentage | Amount | Percentage | |||||||||||||||||||
Construction and land development | $ | 12,915 | 4.6 | % | $ | 11,995 | 4.9 | % | $ | 11,695 | 4.9 | % | |||||||||||||
Commercial real estate - owner-occupied | 72,425 | 26.1 | % | 72,036 | 29.4 | % | 69,410 | 29.3 | % | ||||||||||||||||
Commercial real estate - non-owner-occupied | 69,080 | 24.9 | % | 69,145 | 28.2 | % | 75,020 | 31.7 | % | ||||||||||||||||
Residential real estate | 42,227 | 15.2 | % | 31,501 | 12.8 | % | 32,120 | 13.6 | % | ||||||||||||||||
Farnland and all other real estate loans | 19,775 | 7.1 | % | 8,299 | 3.4 | % | 7,764 | 3.3 | % | ||||||||||||||||
Commercial and industrial loans | 38,996 | 14.1 | % | 33,580 | 13.7 | % | 32,826 | 13.8 | % | ||||||||||||||||
Agricultural loans | 11,638 | 4.2 | % | 14,252 | 5.8 | % | 3,369 | 1.4 | % | ||||||||||||||||
Municipal loans | 2,293 | 0.8 | % | 2,347 | 1 | % | 2,352 | 1 | % | ||||||||||||||||
Leases, net of unearned income | 793 | 0.3 | % | 1,057 | 0.4 | % | 1,277 | 0.5 | % | ||||||||||||||||
Consumer loans | 7,403 | 2.7 | % | 1,077 | 0.4 | % | 1,194 | 0.5 | % | ||||||||||||||||
Total loans | $ | 277,545 | 100 | % | $ | 245,289 | 100 | % | $ | 237,027 | 100 | % | |||||||||||||
The table above includes loans held for sale as follows: | |||||||||||||||||||||||||
Loans Held for Sale* | |||||||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | 30-Sep-12 | |||||||||||||||||||||||
Type of Loan | Amount | % of Total Loans | Amount | % of Total Loans | Amount | % of Total Loans | |||||||||||||||||||
Commercial and industrial | $ | 292 | 0.1 | % | $ | 346 | 0.1 | % | $ | 278 | 0.1 | % | |||||||||||||
Real estate | 4,821 | 1.7 | % | 1,202 | 0.5 | % | 1,656 | 0.7 | % | ||||||||||||||||
Construction and land development | - | 0 | % | - | 0 | % | 1,556 | 0.7 | % | ||||||||||||||||
Total loans held for sale | $ | 5,113 | 1.8 | % | $ | 1,548 | 0.6 | % | $ | 3,490 | 1.5 | % | |||||||||||||
* Consists of all loans held at Mission Asset Management, Inc. and SBA-guaranteed loans held for sale at Mission Community Bank | |||||||||||||||||||||||||
Loans and leases, other than those held for sale, are carried at the principal amount outstanding, net of any deferred loan origination fee income and deferred direct loan origination costs, and net of any unearned interest on discounted loans. A separate allowance for loan and lease losses is provided for loans held for investment. Loans held for sale, including $612,000 of impaired loans, are carried at the lower of cost or fair value, with no allowance for loan losses. | |||||||||||||||||||||||||
As of September 30, 2013, and December 31, 2012, loans totaling $230,363,000 and $198,553,000, respectively, were pledged to secure potential borrowings from the Federal Home Loan Bank of San Francisco. |
Note_5_Credit_Quality_and_the_
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses | 9 Months Ended | ||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||||||||||||||||||||||||||||||
Allowance for Credit Losses [Text Block] | ' | ||||||||||||||||||||||||||||||||||||
Note 5 — Credit Quality and the Allowance for Loan and Lease Losses | |||||||||||||||||||||||||||||||||||||
An allowance for loan and lease losses is provided for loans held for investment (i.e., not held for sale). Loans held for sale are carried on the consolidated balance sheets at the lower of cost or fair value, therefore no related allowance for loan losses is provided. | |||||||||||||||||||||||||||||||||||||
Following is a summary of the changes in the allowance for loan and lease losses for the three-month and nine-month periods ended September 30: | |||||||||||||||||||||||||||||||||||||
(in thousands) | Three Months Ended | Nine Months Ended | |||||||||||||||||||||||||||||||||||
September 30, | 30-Sep | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Balance at beginning of period | $ | 4,232 | $ | 3,781 | $ | 4,242 | $ | 3,326 | |||||||||||||||||||||||||||||
Provision for loan and lease losses charged to expense | 210 | 225 | 310 | 675 | |||||||||||||||||||||||||||||||||
Loans charged off | (68 | ) | (22 | ) | (261 | ) | (144 | ) | |||||||||||||||||||||||||||||
Recoveries on loans previously charged off | 23 | 116 | 106 | 243 | |||||||||||||||||||||||||||||||||
Balance at end of period | $ | 4,397 | $ | 4,100 | $ | 4,397 | $ | 4,100 | |||||||||||||||||||||||||||||
Changes in the allowance for loan and lease losses for the three-month periods ended September 30, 2013 and 2012, are shown below disaggregated by portfolio segment: | |||||||||||||||||||||||||||||||||||||
Three Months Ended September 30, 2013 | |||||||||||||||||||||||||||||||||||||
Loan Portfolio Segment | Balance at Beginning of Period | Provision for Loan Losses Charged (Credited) to Expense | Less Loans Charged Off | Plus Recoveries on Loans Previously Charged Off | Balance at End of Period | ||||||||||||||||||||||||||||||||
Construction and land development | $ | 427 | $ | 81 | $ | - | $ | - | $ | 508 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 345 | 148 | - | 2 | 495 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 637 | (7 | ) | - | - | 630 | |||||||||||||||||||||||||||||||
Residential real estate | 1,001 | (160 | ) | - | 9 | 850 | |||||||||||||||||||||||||||||||
All other real estate loans | 89 | 14 | - | - | 103 | ||||||||||||||||||||||||||||||||
Commercial and industrial loans | 1,497 | (21 | ) | (60 | ) | 12 | 1,428 | ||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 104 | 47 | (8 | ) | - | 143 | |||||||||||||||||||||||||||||||
Unallocated | 132 | 108 | - | - | 240 | ||||||||||||||||||||||||||||||||
Totals | $ | 4,232 | $ | 210 | $ | (68 | ) | $ | 23 | $ | 4,397 | ||||||||||||||||||||||||||
Three Months Ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||
Loan Portfolio Segment | Balance at Beginning of Period | Provision for Loan Losses Charged (Credited) to Expense | Less Loans Charged Off | Plus Recoveries on Loans Previously Charged Off | Balance at End of Period | ||||||||||||||||||||||||||||||||
Construction and land development | $ | 366 | $ | (97 | ) | $ | - | $ | - | $ | 269 | ||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 505 | 85 | - | 28 | 618 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 883 | 73 | - | - | 956 | ||||||||||||||||||||||||||||||||
Residential real estate | 658 | 154 | - | - | 812 | ||||||||||||||||||||||||||||||||
All other real estate loans | 6 | 33 | - | - | 39 | ||||||||||||||||||||||||||||||||
Commercial and industrial loans | 1,197 | 70 | - | 13 | 1,280 | ||||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 134 | (76 | ) | (22 | ) | 75 | 111 | ||||||||||||||||||||||||||||||
Unallocated | 32 | (17 | ) | - | - | 15 | |||||||||||||||||||||||||||||||
Totals | $ | 3,781 | $ | 225 | $ | (22 | ) | $ | 116 | $ | 4,100 | ||||||||||||||||||||||||||
Nine Months Ended September 30, 2013 | |||||||||||||||||||||||||||||||||||||
Loan Portfolio Segment | Balance at Beginning of Period | Provision for Loan Losses Charged (Credited) to Expense | Less Loans Charged Off | Plus Recoveries on Loans Previously Charged Off | Balance at End of Period | ||||||||||||||||||||||||||||||||
Construction and land development | $ | 321 | $ | 187 | $ | - | $ | - | $ | 508 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 463 | 30 | - | 2 | 495 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 730 | (100 | ) | - | - | 630 | |||||||||||||||||||||||||||||||
Residential real estate | 906 | 47 | (117 | ) | 14 | 850 | |||||||||||||||||||||||||||||||
All other real estate loans | 35 | 68 | - | - | 103 | ||||||||||||||||||||||||||||||||
Commercial and industrial loans | 1,735 | (315 | ) | (82 | ) | 90 | 1,428 | ||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 51 | 154 | (62 | ) | - | 143 | |||||||||||||||||||||||||||||||
Unallocated | 1 | 239 | - | - | 240 | ||||||||||||||||||||||||||||||||
Totals | $ | 4,242 | $ | 310 | $ | (261 | ) | $ | 106 | $ | 4,397 | ||||||||||||||||||||||||||
Nine Months Ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||
Loan Portfolio Segment | Balance at Beginning of Year | Provision for Loan Losses Charged (Credited) to Expense | Less Loans Charged Off | Plus Recoveries on Loans Previously Charged Off | Balance at End of Period | ||||||||||||||||||||||||||||||||
Construction and land development | $ | 157 | $ | 112 | $ | - | $ | - | $ | 269 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 253 | 335 | - | 30 | 618 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 675 | 281 | - | - | 956 | ||||||||||||||||||||||||||||||||
Residential real estate | 640 | 172 | - | - | 812 | ||||||||||||||||||||||||||||||||
All other real estate loans | 4 | 35 | - | - | 39 | ||||||||||||||||||||||||||||||||
Commercial and industrial loans | 1,363 | (70 | ) | (101 | ) | 88 | 1,280 | ||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 124 | (95 | ) | (43 | ) | 125 | 111 | ||||||||||||||||||||||||||||||
Unallocated | 110 | (95 | ) | - | - | 15 | |||||||||||||||||||||||||||||||
Totals | $ | 3,326 | $ | 675 | $ | (144 | ) | $ | 243 | $ | 4,100 | ||||||||||||||||||||||||||
The Company assigns an asset quality rating to all loans except pools of homogeneous loans and those asset quality ratings are continuously reviewed and updated by management at least quarterly or as conditions dictate. These asset quality ratings are subject to semi-annual examination by independent specialists engaged by the Company and also by its regulators. During its internal reviews, management monitors and analyzes the financial condition of borrowers and guarantors, trends in the industries in which borrowers operate and the fair values of collateral securing these loans. These credit quality indicators are used to assign an asset quality rating to each individual loan. The asset quality ratings can be grouped into five major categories, defined as follows: | |||||||||||||||||||||||||||||||||||||
Pass – A pass loan meets all of the Company’s underwriting criteria and provides adequate protection for the Bank through the paying capacity of the borrower and/or the value and marketability of the collateral. | |||||||||||||||||||||||||||||||||||||
Special Mention – A special mention loan has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the Company’s credit position at some future date. Special Mention loans are not adversely classified and do not expose the Company to sufficient risk to warrant adverse classification. | |||||||||||||||||||||||||||||||||||||
Substandard – A substandard loan is not adequately protected by the current sound worth and paying capacity of the borrower or the value of the collateral pledged, if any. Loans classified as substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Substandard loans have a high probability of payment default, or they have other well defined weaknesses, and are generally characterized by current or expected unprofitable operations, inadequate debt service coverage, inadequate liquidity, or marginal capitalization. | |||||||||||||||||||||||||||||||||||||
Doubtful – Loans classified doubtful have all the weaknesses inherent in those classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full highly questionable and improbable, based on currently existing facts, conditions and values. | |||||||||||||||||||||||||||||||||||||
Loss – Loans classified as loss are considered uncollectible and are of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the loan has absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may be received in the future. Loans classified as loss are charged off immediately. | |||||||||||||||||||||||||||||||||||||
The following table shows the Company’s loan portfolio (excluding loans held for sale) allocated by management’s internal asset quality ratings as of the dates indicated: | |||||||||||||||||||||||||||||||||||||
Loans by Asset Quality Rating (excluding loans held for sale*) | Asset Quality Ratings | ||||||||||||||||||||||||||||||||||||
(in thousands) | Pass | Special | Substandard | Doubtful | Total | ||||||||||||||||||||||||||||||||
Mention | Loans | ||||||||||||||||||||||||||||||||||||
As of September 30, 2013: | |||||||||||||||||||||||||||||||||||||
Construction and land development | $ | 12,045 | $ | - | $ | 951 | $ | - | $ | 12,996 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 66,698 | - | 5,143 | - | 71,841 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 68,407 | - | 1,236 | - | 69,643 | ||||||||||||||||||||||||||||||||
Residential real estate | 40,605 | 85 | 630 | 182 | 41,502 | ||||||||||||||||||||||||||||||||
All other real estate | 19,782 | - | 20 | - | 19,802 | ||||||||||||||||||||||||||||||||
Commercial and industrial | 45,285 | 57 | 3,177 | - | 48,519 | ||||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 8,129 | - | - | - | 8,129 | ||||||||||||||||||||||||||||||||
Total loans, net of unearned income | $ | 260,951 | $ | 142 | $ | 11,157 | $ | 182 | $ | 272,432 | |||||||||||||||||||||||||||
As of December 31, 2012: | |||||||||||||||||||||||||||||||||||||
Construction and land development | $ | 11,440 | $ | - | $ | 555 | $ | - | $ | 11,995 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 65,132 | - | 5,896 | - | 71,028 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 66,799 | 1,396 | 1,166 | - | 69,361 | ||||||||||||||||||||||||||||||||
Residential real estate | 28,588 | - | 2,268 | 185 | 31,041 | ||||||||||||||||||||||||||||||||
All other real estate | 8,319 | - | 29 | - | 8,348 | ||||||||||||||||||||||||||||||||
Commercial and industrial | 44,921 | 161 | 4,272 | - | 49,354 | ||||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 2,614 | - | - | - | 2,614 | ||||||||||||||||||||||||||||||||
Total loans, net of unearned income | $ | 227,813 | $ | 1,557 | $ | 14,186 | $ | 185 | $ | 243,741 | |||||||||||||||||||||||||||
As of September 30, 2012: | |||||||||||||||||||||||||||||||||||||
Construction and land development | $ | 9,455 | $ | 100 | $ | 585 | $ | - | $ | 10,140 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 62,593 | - | 5,831 | - | 68,424 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 71,595 | 2,409 | 1,178 | - | 75,182 | ||||||||||||||||||||||||||||||||
Residential real estate | 28,621 | - | 2,284 | 185 | 31,090 | ||||||||||||||||||||||||||||||||
All other real estate | 7,732 | - | 32 | - | 7,764 | ||||||||||||||||||||||||||||||||
Commercial and industrial | 34,122 | 324 | 3,765 | - | 38,211 | ||||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 2,726 | - | - | - | 2,726 | ||||||||||||||||||||||||||||||||
Total loans, net of unearned income | $ | 216,844 | $ | 2,833 | $ | 13,675 | $ | 185 | $ | 233,537 | |||||||||||||||||||||||||||
* Loans held for sale consists of all loans held at Mission Asset Management, Inc. and SBA-guaranteed loans held for sale at Mission Community Bank | |||||||||||||||||||||||||||||||||||||
The following table shows an aging analysis of the loan portfolio (excluding loans held for sale) as of the dates indicated. Also shown are loans on non-accrual, those that are past due and still accruing interest and troubled debt restructurings: | |||||||||||||||||||||||||||||||||||||
(in thousands) | Construction | Commercial Real Estate | Commercial | Consumer andAll Other | |||||||||||||||||||||||||||||||||
and Land Development | Owner-Occupied | Non-Owner-Occupied | Residential Real Estate | All Other Real Estate | and | Loans and Leases | Total Loans | ||||||||||||||||||||||||||||||
Industrial | |||||||||||||||||||||||||||||||||||||
As of September 30, 2013: | |||||||||||||||||||||||||||||||||||||
Recorded Balance of Loans Past Due: | |||||||||||||||||||||||||||||||||||||
30-59 Days | $ | 121 | $ | 116 | $ | - | $ | - | $ | - | $ | 182 | $ | - | $ | 419 | |||||||||||||||||||||
60-89 Days | - | 1,073 | - | - | - | 62 | - | 1,135 | |||||||||||||||||||||||||||||
90+ Days | - | 650 | - | 241 | - | 149 | - | 1,040 | |||||||||||||||||||||||||||||
Total Past Due | 121 | 1,839 | - | 241 | - | 393 | - | 2,594 | |||||||||||||||||||||||||||||
Loans in Current Payment Status | 12,875 | 70,002 | 69,643 | 41,261 | 19,802 | 48,126 | 8,129 | 269,838 | |||||||||||||||||||||||||||||
Total Loans | $ | 12,996 | $ | 71,841 | $ | 69,643 | $ | 41,502 | $ | 19,802 | $ | 48,519 | $ | 8,129 | $ | 272,432 | |||||||||||||||||||||
Loans 90+ Days Past Due and Accruing1 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||||||
Accruing Troubled Debt Restructurings | - | - | - | 702 | - | - | - | 702 | |||||||||||||||||||||||||||||
Loans in Non-accrual Status | 731 | 1,219 | 3,547 | 756 | 20 | 2,470 | - | 8,743 | |||||||||||||||||||||||||||||
As of December 31, 2012: | |||||||||||||||||||||||||||||||||||||
Recorded Balance of Loans Past Due: | |||||||||||||||||||||||||||||||||||||
30-59 Days | $ | - | $ | 55 | $ | - | $ | 325 | $ | - | $ | 620 | $ | 69 | $ | 1,069 | |||||||||||||||||||||
60-89 Days | - | 916 | - | - | - | 44 | - | 960 | |||||||||||||||||||||||||||||
90+ Days | - | 820 | - | 343 | - | 227 | - | 1,390 | |||||||||||||||||||||||||||||
Total Past Due | - | 1,791 | - | 668 | - | 891 | 69 | 3,419 | |||||||||||||||||||||||||||||
Loans in Current Payment Status | 11,995 | 69,237 | 69,361 | 30,373 | 8,348 | 48,463 | 2,545 | 240,322 | |||||||||||||||||||||||||||||
Total Loans | $ | 11,995 | $ | 71,028 | $ | 69,361 | $ | 31,041 | $ | 8,348 | $ | 49,354 | $ | 2,614 | $ | 243,741 | |||||||||||||||||||||
Loans 90+ Days Past Due and Accruing1 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||||||
Accruing Troubled Debt Restructurings | - | 13 | - | 709 | - | - | - | 722 | |||||||||||||||||||||||||||||
Loans in Non-accrual Status | 555 | 3,779 | 845 | 842 | 29 | 3,018 | - | 9,068 | |||||||||||||||||||||||||||||
As of September 30, 2012: | |||||||||||||||||||||||||||||||||||||
Recorded Balance of Loans Past Due: | |||||||||||||||||||||||||||||||||||||
30-59 Days | $ | - | $ | 59 | $ | - | $ | 158 | $ | - | $ | 427 | $ | 174 | $ | 818 | |||||||||||||||||||||
60-89 Days | 268 | 1,000 | - | - | - | 57 | - | 1,325 | |||||||||||||||||||||||||||||
90+ Days | - | 771 | - | 185 | - | 265 | - | 1,221 | |||||||||||||||||||||||||||||
Total Past Due | 268 | 1,830 | - | 343 | - | 749 | 174 | 3,364 | |||||||||||||||||||||||||||||
Loans in Current Payment Status | 9,872 | 66,594 | 75,182 | 30,747 | 7,764 | 37,462 | 2,552 | 230,173 | |||||||||||||||||||||||||||||
Total Loans | $ | 10,140 | $ | 68,424 | $ | 75,182 | $ | 31,090 | $ | 7,764 | $ | 38,211 | $ | 2,726 | $ | 233,537 | |||||||||||||||||||||
Loans 90+ Days Past Due and Accruing1 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | 120 | $ | 7 | $ | 127 | |||||||||||||||||||||
Accruing Troubled Debt Restructurings | - | - | - | - | - | 711 | - | 711 | |||||||||||||||||||||||||||||
Loans in Non-accrual Status | 317 | 2,267 | 866 | 851 | 32 | 1,608 | - | 5,941 | |||||||||||||||||||||||||||||
1 Includes pooled loans acquired with deteriorated credit quality. Management evaluates estimated cash flows subsequent to acquisition. If cash flows have not decreased, the pooled acquired loans remain in performing status. | |||||||||||||||||||||||||||||||||||||
The Company considers a loan to be impaired when it is probable that the Company will be unable to collect all amounts due (principal and interest) according to the contractual terms of the loan agreement. Loans for which the terms have been modified, and for which the borrower is experiencing financial difficulties, are generally considered to be troubled debt restructurings (“TDR’s”). TDR’s typically present an elevated level of credit risk as the borrowers are not able to perform according to the original contractual terms. Both non-accrual loans and TDR’s are generally considered to be impaired. | |||||||||||||||||||||||||||||||||||||
Concessions granted in TDR’s typically are intended to reduce the borrower’s cash requirements, such as an extension of the payment terms or a change in the interest rate charged. TDR’s with extended payment terms are accounted for as impaired until adequate performance is established. A reduction in the interest rate for a borrower experiencing financial difficulties would result in a change to TDR status if the restructured loan yield is below the yield for a new loan with comparable risk. TDR’s with below-market rates are considered impaired until fully collected. TDR’s may be reported as non-accrual, rather than TDR, if they are not performing under the restructured terms or if adequate payment performance under the restructured terms has yet to be established. | |||||||||||||||||||||||||||||||||||||
Fourteen loans totaling $2,201,000 were restructured in TDR’s during the first nine months of 2013 and ten loans totaling $1,153,000 were restructured in the first nine months of 2012. No TDR’s were in accruing status and more than 90 days past due as of September 30, 2013 or December 31, 2012. The Bank has no commitments to lend additional funds under loans classified as TDR’s as of September 30, 2013. | |||||||||||||||||||||||||||||||||||||
Following are summaries of the investment in loans (by impairment method, excluding loans held for sale) as of the dates indicated, including the related allowance for loan losses and cash-basis income recognized: | |||||||||||||||||||||||||||||||||||||
(in thousands) | Construction | Commercial Real Estate | All | Consumer and All Other | |||||||||||||||||||||||||||||||||
and | Owner-Occupied | Non- | Residential Real Estate | Other | Commercial | Loans | Unallocated | Total Loans | |||||||||||||||||||||||||||||
Land Development | Owner-Occupied | Real | and Industrial | and | |||||||||||||||||||||||||||||||||
Estate | Leases | ||||||||||||||||||||||||||||||||||||
Loans Held for Investment as of September 30, 2013: | |||||||||||||||||||||||||||||||||||||
Recorded Investment: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With an Allowance Recorded | $ | 275 | $ | 928 | $ | 701 | $ | 182 | $ | 20 | $ | 818 | $ | - | $ | 2,924 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | 1,359 | 155 | 777 | - | 1,391 | - | 3,682 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 275 | 2,287 | 856 | 959 | 20 | 2,209 | - | 6,606 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 10,709 | 54,217 | 57,186 | 38,425 | 19,782 | 45,738 | 7,954 | 234,011 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 2,012 | 15,337 | 11,601 | 2,118 | - | 572 | 175 | 31,815 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 12,996 | $ | 71,841 | $ | 69,643 | $ | 41,502 | $ | 19,802 | $ | 48,519 | $ | 8,129 | $ | 272,432 | |||||||||||||||||||||
Unpaid Principal Balance: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 302 | $ | 1,040 | $ | 755 | $ | 197 | $ | 23 | $ | 1,321 | $ | - | $ | 3,638 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | 1,542 | 175 | 802 | - | 1,950 | - | 4,469 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 302 | 2,582 | 930 | 999 | 23 | 3,271 | - | 8,107 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 10,709 | 54,217 | 57,186 | 38,425 | 19,782 | 45,738 | 7,954 | 234,011 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 2,238 | 16,840 | 12,546 | 2,550 | - | 1,505 | 178 | 35,857 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 13,249 | $ | 73,639 | $ | 70,662 | $ | 41,974 | $ | 19,805 | $ | 50,514 | $ | 8,132 | $ | 277,975 | |||||||||||||||||||||
Related Allowance for Loan and Lease Losses: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 138 | $ | 117 | $ | 30 | $ | 126 | $ | 4 | $ | 230 | $ | - | $ | 645 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 138 | 117 | 30 | 126 | 4 | 230 | - | 645 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 370 | 353 | 600 | 724 | 99 | 1,178 | 143 | $ | 240 | 3,707 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | - | 25 | - | - | - | 20 | - | 45 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 508 | $ | 495 | $ | 630 | $ | 850 | $ | 103 | $ | 1,428 | $ | 143 | $ | 240 | $ | 4,397 | |||||||||||||||||||
For the Nine Months Ended September 30, 2013: | |||||||||||||||||||||||||||||||||||||
Average Recorded Investment in Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 311 | $ | 827 | $ | 725 | $ | 965 | $ | 24 | $ | 1,494 | $ | - | $ | 4,346 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | 1,534 | - | - | - | 1,000 | - | 2,534 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | 311 | $ | 2,361 | $ | 725 | $ | 965 | $ | 24 | $ | 2,494 | $ | - | $ | 6,880 | |||||||||||||||||||||
Interest Income Recognized on Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | - | $ | - | $ | - | $ | 29 | $ | - | $ | - | $ | - | $ | 29 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | 1 | - | - | - | - | - | 1 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | - | $ | 1 | $ | - | $ | 29 | $ | - | $ | - | $ | - | $ | 30 | |||||||||||||||||||||
(in thousands) | Construction | Commercial Real Estate | All | Consumer and All Other | |||||||||||||||||||||||||||||||||
and | Owner-Occupied | Non- | Residential Real Estate | Other | Commercial and Industrial | Loans | Unallocated | Total Loans | |||||||||||||||||||||||||||||
Land Development | Owner-Occupied | Real | and | ||||||||||||||||||||||||||||||||||
Estate | Leases | ||||||||||||||||||||||||||||||||||||
Loans Held for Investment as of December 31, 2012: | |||||||||||||||||||||||||||||||||||||
Recorded Investment: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With an Allowance Recorded | $ | 385 | $ | 686 | $ | 749 | $ | 894 | $ | 29 | $ | 1,354 | $ | - | $ | 4,097 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 170 | 1,599 | - | - | - | 1,298 | - | 3,067 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 555 | 2,285 | 749 | 894 | 29 | 2,652 | - | 7,164 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 8,985 | 51,837 | 57,058 | 25,613 | 8,319 | 45,735 | 2,435 | 199,982 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 2,455 | 16,906 | 11,554 | 4,534 | - | 967 | 179 | 36,595 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 11,995 | $ | 71,028 | $ | 69,361 | $ | 31,041 | $ | 8,348 | $ | 49,354 | $ | 2,614 | $ | 243,741 | |||||||||||||||||||||
Unpaid Principal Balance: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 404 | $ | 731 | $ | 763 | $ | 899 | $ | 30 | $ | 2,040 | $ | - | $ | 4,867 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 177 | 1,745 | - | - | - | 1,427 | - | 3,349 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 581 | 2,476 | 763 | 899 | 30 | 3,467 | - | 8,216 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 8,985 | 51,837 | 57,058 | 25,613 | 8,319 | 45,735 | 2,435 | 199,982 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 6,264 | 18,575 | 13,184 | 6,468 | - | 2,489 | 183 | 47,163 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 15,830 | $ | 72,888 | $ | 71,005 | $ | 32,980 | $ | 8,349 | $ | 51,691 | $ | 2,618 | $ | 255,361 | |||||||||||||||||||||
Related Allowance for Loan and Lease Losses: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 103 | $ | 53 | $ | 66 | $ | 324 | $ | 2 | $ | 683 | $ | - | $ | 1,231 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 103 | 53 | 66 | 324 | 2 | 683 | - | 1,231 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 218 | 410 | 664 | 582 | 33 | 1,052 | 51 | $ | 1 | 3,011 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 321 | $ | 463 | $ | 730 | $ | 906 | $ | 35 | $ | 1,735 | $ | 51 | $ | 1 | $ | 4,242 | |||||||||||||||||||
For the Year Ended December 31, 2012: | |||||||||||||||||||||||||||||||||||||
Average Recorded Investment in Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 198 | $ | 655 | $ | 303 | $ | 291 | $ | 6 | $ | 791 | $ | - | $ | 2,244 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 533 | 1,378 | 109 | 782 | - | 1,425 | - | 4,227 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | 731 | $ | 2,033 | $ | 412 | $ | 1,073 | $ | 6 | $ | 2,216 | $ | - | $ | 6,471 | |||||||||||||||||||||
Interest Income Recognized on Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | - | $ | - | $ | - | $ | 10 | $ | - | $ | - | $ | - | $ | 10 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | - | 1 | - | - | - | - | 1 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | - | $ | - | $ | 1 | $ | 10 | $ | - | $ | - | $ | - | $ | 11 | |||||||||||||||||||||
(in thousands) | Construction | Commercial Real Estate | All | Consumer and All Other | |||||||||||||||||||||||||||||||||
and | Owner-Occupied | Non- | Residential Real Estate | Other | Commercial and Industrial | Loans | Unallocated | Total Loans | |||||||||||||||||||||||||||||
Land | Owner-Occupied | Real | and | ||||||||||||||||||||||||||||||||||
Development | Estate | Leases | |||||||||||||||||||||||||||||||||||
Loans Held for Investment as of September 30, 2012: | |||||||||||||||||||||||||||||||||||||
Recorded Investment: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With an Allowance Recorded | $ | 214 | $ | - | $ | 765 | $ | 897 | $ | - | $ | 293 | $ | - | $ | 2,169 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 372 | 1,893 | - | - | - | 823 | - | 3,088 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 586 | 1,893 | 765 | 897 | - | 1,116 | - | 5,257 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 7,079 | 49,524 | 62,865 | 25,655 | 7,764 | 35,964 | 2,543 | 191,394 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 2,475 | 17,007 | 11,552 | 4,538 | - | 1,131 | 183 | 36,886 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 10,140 | $ | 68,424 | $ | 75,182 | $ | 31,090 | $ | 7,764 | $ | 38,211 | $ | 2,726 | $ | 233,537 | |||||||||||||||||||||
Unpaid Principal Balance: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 223 | $ | - | $ | 765 | $ | 901 | $ | - | $ | 120 | $ | - | $ | 2,009 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 378 | 2,025 | - | - | - | 817 | - | 3,220 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 601 | 2,025 | 765 | 901 | - | 937 | - | 5,229 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 7,079 | 49,524 | 62,865 | 25,655 | 7,764 | 35,964 | 2,543 | 191,394 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 6,288 | 18,749 | 13,251 | 6,498 | - | 2,914 | 187 | 47,887 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 113,968 | $ | 70,298 | $ | 76,881 | $ | 33,054 | $ | 7,764 | $ | 39,815 | $ | 2,730 | $ | 244,510 | |||||||||||||||||||||
Related Allowance for Loan and Lease Losses: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 86 | $ | - | $ | 79 | $ | 213 | $ | - | $ | 126 | $ | - | $ | 504 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 86 | - | 79 | 213 | - | 126 | - | 504 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 183 | 619 | 877 | 599 | 39 | 1,153 | 111 | $ | 15 | 3,596 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 269 | $ | 619 | $ | 956 | $ | 812 | $ | 39 | $ | 1,279 | $ | 111 | $ | 15 | $ | 4,100 | |||||||||||||||||||
For the Nine Months Ended September 30, 2012: | |||||||||||||||||||||||||||||||||||||
Average Recorded Investment in Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 103 | $ | 145 | $ | 191 | $ | 318 | $ | - | $ | 366 | $ | - | $ | 1,123 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 229 | 1,447 | - | - | - | 558 | - | 2,234 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | 332 | $ | 1,592 | $ | 191 | $ | 318 | $ | - | $ | 924 | $ | - | $ | 3,357 | |||||||||||||||||||||
Interest Income Recognized on Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 13 | - | - | 38 | - | 6 | - | 57 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | 13 | $ | - | $ | - | $ | 38 | $ | - | $ | 6 | $ | - | $ | 57 | |||||||||||||||||||||
The amount of the allowance for loan losses provided for impaired loans represents the aggregate amount by which the recorded investment in each impaired loan exceeds its fair value. Fair value for this purpose is determined by computing either the present value of expected future cash flows discounted at the loan’s effective interest rate or, if repayment is expected solely from the collateral, the fair value of the underlying collateral less estimated costs to sell, based on current appraisals. In some cases, impaired loans are partially charged off, such that there is no excess of the recorded investment over the fair value of the loan, as determined above. | |||||||||||||||||||||||||||||||||||||
Changes in the accretable discount for loans purchased with credit quality deterioration follows: | |||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, | |||||||||||||||||||||||||||||||||||||
(in thousands) | 2013 | 2012 | |||||||||||||||||||||||||||||||||||
Balance at beginning of year | $ | 1,734 | $ | 3,289 | |||||||||||||||||||||||||||||||||
Measurement period adustments to Santa Lucia Bank fair values | - | (428 | ) | ||||||||||||||||||||||||||||||||||
Accretion to interest income | (2,046 | ) | (844 | ) | |||||||||||||||||||||||||||||||||
Loans reclassified to held for sale | - | (355 | ) | ||||||||||||||||||||||||||||||||||
Loans charged off | 50 | - | |||||||||||||||||||||||||||||||||||
Transfers from non-accretable discount to accretable | 2,329 | 125 | |||||||||||||||||||||||||||||||||||
Balance at end of period | $ | 2,067 | $ | 1,787 | |||||||||||||||||||||||||||||||||
Note_6_Common_and_Preferred_St
Note 6 - Common and Preferred Stock and Earnings (Loss) per Share | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Stockholders' Equity Note [Abstract] | ' | ||||||||||||||||
Stockholders' Equity Note Disclosure [Text Block] | ' | ||||||||||||||||
Note 6 —Common and Preferred Stock and Earnings (Loss) per Share | |||||||||||||||||
Common Stock | |||||||||||||||||
During 2010, the Company issued an aggregate of 5,000,000 shares of its common stock paired with warrants to purchase an additional 5,000,000 shares of its common stock (the “2010 Warrants”) for an aggregate purchase price of $25 million. These securities were sold pursuant to the terms of a Securities Purchase Agreement dated December 22, 2009, as amended, by and between the Company and Carpenter Fund Manager GP, LLC (the “Manager”) on behalf of and as General Partner of Carpenter Community BancFund, L.P., Carpenter Community BancFund-A, L.P. and Carpenter Community BancFund-CA, L.P. (the “Investors”)(the “Securities Purchase Agreement”). The 2010 Warrants were issued for a term of five years at an exercise price of $5.00 per share and contained customary anti-dilution provisions. The Company used a substantial majority of the proceeds from the sale of securities under the Securities Purchase Agreement to enable a newly-formed wholly-owned subsidiary, Mission Asset Management, Inc., to purchase from the Bank certain non-performing loans and other real estate owned assets. | |||||||||||||||||
The Securities Purchase Agreement further provided that the Company would conduct a rights offering to its existing shareholders, pursuant to which each shareholder was offered the right to purchase 15 additional shares of common stock, paired with a warrant (the “Public Warrants”), for each share held, at a price of $5.00 per unit of common stock and warrant. The rights offering closed on December 15, 2010, with 748,672 shares being issued. Net proceeds from the rights offering totaled $3,527,000. On September 5, 2012, the expiration date of the Public Warrants was extended from December 17, 2015 to March 21, 2017. No other terms or conditions of the Public Warrants were modified and no consideration was transferred. | |||||||||||||||||
Bancorp-Issued Preferred Stock | |||||||||||||||||
As a result of a change in control in 2010, the Company lost its status as a Community Development Financial Institution (“CDFI”) in 2012. Accordingly, the Company redeemed the Company’s Series A and C preferred stock during the third quarter of 2013 at a total redemption price of $1,000,000. Those series of preferred stock were carried at their redemption values in the consolidated balance sheets and were classified as mezzanine financing rather than equity. | |||||||||||||||||
Mission Asset Management, Inc. Preferred Stock and Company Warrants | |||||||||||||||||
On October 21, 2011, for an aggregate purchase price of $10 million, Mission Asset Management, Inc. issued 10,000 shares of its newly authorized Series A Non-Cumulative Perpetual Preferred Stock (“MAM Preferred Stock”) and the Company issued warrants to purchase an aggregate of 2,202,641 shares of the Company’s common stock (the “2011 Warrants”). The 2011 Warrants were issued for a term of 10 years from issuance at an exercise price of $4.54 per share. In December 2011, 660,792 of the 2011 Warrants were exercised and $3,000,000 of the MAM Preferred Stock was liquidated. From June 2012 through December 2012 an additional $5,000,000 of the MAM Preferred Stock was liquidated, and in the first nine months of 2013 the final $2,000,000 was liquidated. These preferred shares included redemption provisions that are outside the control of the Company. Accordingly, these preferred shares were presented as mezzanine financing at their redemption value. | |||||||||||||||||
In addition to customary anti-dilution provisions, the 2010 Warrants and the 2011 Warrants referred to above contain certain anti-dilution features that caused these warrants to be reflected as derivative liabilities pursuant to ASC 815—at their fair values—in the consolidated balance sheets rather than as components of equity. Subsequent changes in their fair values were recognized as gains or losses through non-interest income, which impacted net loss and loss per share in the consolidated statement of operations. In March 2012 all 2010 Warrants and substantially all of the 2011 Warrants (i.e., those issued to the Investors) were cancelled and replaced with 6,487,800 five-year warrants having approximately the equivalent aggregate fair value as the cancelled warrants but without the anti-dilution features that call for derivative accounting treatment. Accordingly, $4,955,000 (the fair value of the cancelled warrants immediately prior to cancellation) was transferred from warrant liability to additional paid-in capital in March 2012. In September 2012 the remaining 153,876 of the 2011 Warrants were cancelled and replaced with 171,980 warrants having substantially identical terms as those issued in March 2012 and aggregate fair value equivalent to the cancelled warrants. The remaining $161,000 of warrant liability at that date was transferred to additional paid-in capital. | |||||||||||||||||
Activity in the Company’s outstanding warrants follows: | |||||||||||||||||
Shares | Weighted | ||||||||||||||||
Average | |||||||||||||||||
Exercise | |||||||||||||||||
Price | |||||||||||||||||
Outstanding December 31, 2011 | 7,290,521 | $ | 4.9 | ||||||||||||||
Warrants cancelled in 2012 | (6,541,849 | ) | 4.89 | ||||||||||||||
Warrants issued in 2012 | 6,659,780 | 5 | |||||||||||||||
Warrants exercised in 2012 | (400,000 | ) | 5 | ||||||||||||||
Outstanding December 31, 2012 | 7,008,452 | 5 | |||||||||||||||
Warrants issued in 1st nine months 2013 | - | ||||||||||||||||
Warrants exercised 1st nine months 2013 | (600,000 | ) | 5 | ||||||||||||||
Outstanding September 30, 2013 | 6,408,452 | $ | 5 | ||||||||||||||
Prior to the consummation of the transactions under the Securities Purchase Agreement, the Manager was the largest shareholder of the Company, beneficially owning 333,334 shares of the common stock of the Company or 24.7% of the issued and outstanding shares. As of September 30, 2013, following the consummation of the transactions under the Securities Purchase Agreement, the rights offering, and the 2011, 2012 and 2013 warrants exercises, the Manager is the beneficial owner of 6,928,179 shares of the common stock of the Company (not including warrants), or 79.1% of the issued and outstanding shares. | |||||||||||||||||
Earnings (Loss) per Share | |||||||||||||||||
The following table shows the calculation of earnings (loss) per common share and the allocation of the Company’s net income (loss) among common stock and the various classes of preferred stock: | |||||||||||||||||
(in thousands, except per share data) | For the Three Months Ended September 30, | For the Nine Months Ended September 30, | |||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Net income (loss) | $ | 227 | $ | 760 | $ | 1,751 | $ | 451 | |||||||||
Less earnings and dividends applicable to preferred stock: | |||||||||||||||||
Convertible preferred (Series A & C) | 2 | - | 19 | - | |||||||||||||
Non-convertible subsidiary-issued preferred stock | 16 | 151 | 86 | 500 | |||||||||||||
Net income allocated to all classes of preferred stock | 18 | 151 | 105 | 500 | |||||||||||||
Net income (loss) attributable to common stock | $ | 209 | $ | 609 | $ | 1,646 | $ | (49 | ) | ||||||||
Average common shares outstanding | 8,755,066 | 7,855,066 | 8,418,253 | 7,792,292 | |||||||||||||
Dilutive effect of outstanding stock-based awards and other potential common shares | 16,876 | - | 11,868 | - | |||||||||||||
Average common shares used for diluted EPS | 8,771,942 | 7,855,066 | 8,430,121 | 7,792,292 | |||||||||||||
Basic earnings (loss) per common share | $ | 0.02 | $ | 0.08 | $ | 0.2 | $ | (0.01 | ) | ||||||||
Diluted earnings (loss) per common share | $ | 0.02 | $ | 0.08 | $ | 0.2 | $ | (0.01 | ) | ||||||||
Excluded from diluted EPS in 2013 were the following potential common shares: 450,400 outstanding stock options and 6,408,452 outstanding warrants. Excluded from diluted EPS in 2012 were 267,900 outstanding stock options; 7,308,452 outstanding warrants and 220,264 shares related to convertible preferred shares. In all periods presented in these financial statements the exercise or conversion price of these warrants and options exceeded the average market price of the Company’s common shares. |
Note_7_Income_Taxes
Note 7 - Income Taxes | 9 Months Ended |
Sep. 30, 2013 | |
Income Tax Disclosure [Abstract] | ' |
Income Tax Disclosure [Text Block] | ' |
Note 7 —Income taxes | |
The Company recognized income tax expense of $45,000 in the first nine months of 2013 and $3,000 in the comparable period of 2012. In both those periods, the provision for income tax was offset by available tax loss carry-forwards originating from 2008 through 2011. The $45,000 income tax recorded in 2013 represents an accrual for alternative minimum tax related to utilizing those tax loss carry-forwards. | |
Total deferred tax assets as of September 30, 2013, are approximately $11,189,000 (including $8,377,000 of tax loss carry-forwards) and deferred tax liabilities total approximately $2,191,000. The Company continues to maintain a full valuation allowance against the net deferred tax asset of $8,998,000, as a result of the Company being in a cumulative loss position as of September 30, 2013. |
Note_8_Fair_Value_Measurement
Note 8 - Fair Value Measurement | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||||||
Fair Value Disclosures [Text Block] | ' | ||||||||||||||||||||||||
Note 8 — Fair Value Measurement | |||||||||||||||||||||||||
The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring and non-recurring basis as of September 30, 2013 and December 31, 2012, and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value: | |||||||||||||||||||||||||
● | Level 1—Quoted prices in active markets for identical assets or liabilities | ||||||||||||||||||||||||
● | Level 2—Estimates based on significant other observable inputs that market participants would use in pricing the asset or liability | ||||||||||||||||||||||||
● | Level 3—Estimates based on significant unobservable inputs that reflect the entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Valuation techniques include management’s judgment, which may be a significant factor. | ||||||||||||||||||||||||
For some assets or liabilities, the inputs used to measure fair value may fall into more than one level of the fair value hierarchy. In such cases, the asset or liability is identified based on the lowest level input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment and considers factors specific to the asset or liability. | |||||||||||||||||||||||||
No warrants were subject to fair value accounting as of September 30, 2013 or December 31, 2012. | |||||||||||||||||||||||||
Assets and liabilities measured at fair value on a recurring basis are summarized below: | |||||||||||||||||||||||||
(in thousands) | Fair Value Measurements Using | ||||||||||||||||||||||||
30-Sep-13 | Level 1 | Level 2 | Level 3 | Total | |||||||||||||||||||||
Available for sale securities: | |||||||||||||||||||||||||
U.S. Government agencies | $ | - | $ | 18,564 | $ | - | $ | 18,564 | |||||||||||||||||
Residential mortgage-backed securities | - | 51,876 | - | 51,876 | |||||||||||||||||||||
Municipal securities | - | 15,141 | - | 15,141 | |||||||||||||||||||||
Corporate debt securities | - | 3,234 | - | 3,234 | |||||||||||||||||||||
Asset-backed securities | - | 19,103 | - | 19,103 | |||||||||||||||||||||
Total available-for-sale securities | - | 107,918 | - | 107,918 | |||||||||||||||||||||
Loans held for sale | - | - | 5,113 | 5,113 | |||||||||||||||||||||
Total net assets measured at fair value on a recurring basis | $ | - | $ | 107,918 | $ | 5,113 | $ | 113,031 | |||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
Available for sale securities: | |||||||||||||||||||||||||
U.S. Government agencies | $ | - | $ | 30,589 | $ | - | $ | 30,589 | |||||||||||||||||
Residential mortgage-backed securities | - | 61,660 | - | 61,660 | |||||||||||||||||||||
Municipal securities | - | 19,273 | - | 19,273 | |||||||||||||||||||||
Corporate debt securities | - | 2,996 | - | 2,996 | |||||||||||||||||||||
Asset-backed securities | - | 13,304 | - | 13,304 | |||||||||||||||||||||
Total available-for-sale securities | - | 127,822 | - | 127,822 | |||||||||||||||||||||
Loans held for sale | - | - | 1,548 | 1,548 | |||||||||||||||||||||
Total net assets measured at fair value on a recurring basis | $ | - | $ | 127,822 | $ | 1,548 | $ | 129,370 | |||||||||||||||||
30-Sep-12 | |||||||||||||||||||||||||
Available for sale securities: | |||||||||||||||||||||||||
U.S. Government agencies | $ | - | $ | 43,247 | $ | - | $ | 43,247 | |||||||||||||||||
Residential mortgage-backed securities | - | 70,479 | - | 70,479 | |||||||||||||||||||||
Municipal securities | - | 16,592 | - | 16,592 | |||||||||||||||||||||
Corporate debt securities | - | 3,024 | - | 3,024 | |||||||||||||||||||||
Asset-backed securities | - | 13,724 | - | 13,724 | |||||||||||||||||||||
Total available-for-sale securities | - | 147,066 | - | 147,066 | |||||||||||||||||||||
Loans held for sale | - | - | 3,490 | 3,490 | |||||||||||||||||||||
Warrant liability | - | - | (150 | ) | (150 | ) | |||||||||||||||||||
Total net assets measured at fair value on a recurring basis | $ | - | $ | 147,066 | $ | 3,340 | $ | 150,406 | |||||||||||||||||
The fair value of securities available for sale equals quoted market prices, if available. If quoted market prices are not available, fair value is determined using quoted market prices for similar securities. There were no changes in the valuation techniques used during 2013 or 2012 and there were no transfers into or out of Levels 1, 2 or 3 of the fair value hierarchy during the nine months ended September 30, 2013. | |||||||||||||||||||||||||
Loans held for sale that are measured at fair value on a recurring basis consist of all loans held by the company’s MAM subsidiary. Those loans are carried at the lower of cost or fair value and, accordingly, have been subject to recurring fair value adjustments. Fair value for those loans is determined by assessing the probability of borrower default using historical payment performance and available cash flows to the borrower, then projecting the amount and timing of cash flows to MAM, including collateral liquidation if repayment weaknesses exist. | |||||||||||||||||||||||||
Management monitors the availability of observable market data to assess the appropriate classifications of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another. In such instances, the transfer is reported at the beginning of the reporting period. | |||||||||||||||||||||||||
Management evaluates the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total assets, total liabilities or total earnings. | |||||||||||||||||||||||||
Assets and liabilities measured at fair value on a non-recurring basis are summarized below: | |||||||||||||||||||||||||
(in thousands) | Fair Value Measurements Using | Current | |||||||||||||||||||||||
Period | |||||||||||||||||||||||||
Gains | |||||||||||||||||||||||||
30-Sep-13 | Level 1 | Level 2 | Level 3 | Total | (Losses) | ||||||||||||||||||||
Financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Impaired loans, net of specific reserves-- | |||||||||||||||||||||||||
Commercial and industrial | $ | - | $ | - | $ | 1,979 | $ | 1,979 | $ | 21 | |||||||||||||||
Residential real estate | - | - | 833 | 833 | 199 | ||||||||||||||||||||
Commercial real estate - owner-occupied | - | - | 2,170 | 2,170 | (2 | ) | |||||||||||||||||||
Commercial real estate - non-owner-occupied | - | - | 826 | 826 | 36 | ||||||||||||||||||||
All other real estate | - | - | 16 | 16 | (2 | ) | |||||||||||||||||||
Construction and land development | - | - | 137 | 137 | (42 | ) | |||||||||||||||||||
Total impaired loans, net of charge-offs and specific reserves | $ | - | $ | - | $ | 5,961 | $ | 5,961 | $ | 210 | |||||||||||||||
Non-financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Other real estate owned | $ | - | $ | - | $ | 861 | $ | 861 | $ | 571 | |||||||||||||||
Fair Value Measurements Using | Full Year | ||||||||||||||||||||||||
Gains | |||||||||||||||||||||||||
31-Dec-12 | Level 1 | Level 2 | Level 3 | Total | (Losses) | ||||||||||||||||||||
Financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Impaired loans, net of specific reserves-- | |||||||||||||||||||||||||
Commercial and industrial | $ | - | $ | - | $ | 1,969 | $ | 1,969 | $ | 7 | |||||||||||||||
Residential real estate | - | - | 570 | 570 | (324 | ) | |||||||||||||||||||
Commercial real estate - owner-occupied | - | - | 2,232 | 2,232 | (20 | ) | |||||||||||||||||||
Commercial real estate - non-owner-occupied | - | - | 683 | 683 | (66 | ) | |||||||||||||||||||
All other real estate | - | - | 27 | 27 | (2 | ) | |||||||||||||||||||
Construction and land development | - | - | 452 | 452 | (96 | ) | |||||||||||||||||||
Total impaired loans, net of charge-offs and specific reserves | $ | - | $ | - | $ | 5,933 | $ | 5,933 | $ | (501 | ) | ||||||||||||||
Non-financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Other real estate owned | $ | - | $ | - | $ | 818 | $ | 818 | $ | (463 | ) | ||||||||||||||
Fair Value Measurements Using | Current | ||||||||||||||||||||||||
Period | |||||||||||||||||||||||||
Gains | |||||||||||||||||||||||||
30-Sep-12 | Level 1 | Level 2 | Level 3 | Total | (Losses) | ||||||||||||||||||||
Financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Impaired loans, net of specific reserves-- | |||||||||||||||||||||||||
Commercial and industrial | $ | - | $ | - | $ | 990 | $ | 990 | $ | (60 | ) | ||||||||||||||
Residential real estate | - | - | 684 | 684 | (213 | ) | |||||||||||||||||||
Commercial real estate - owner-occupied | - | - | 1,893 | 1,893 | - | ||||||||||||||||||||
Commercial real estate - non-owner-occupied | - | - | 686 | 686 | (79 | ) | |||||||||||||||||||
Construction and land development | - | - | 500 | 500 | (86 | ) | |||||||||||||||||||
Total impaired loans, net of charge-offs and specific reserves | $ | - | $ | - | $ | 4,753 | $ | 4,753 | $ | (438 | ) | ||||||||||||||
Non-financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Other real estate owned | $ | - | $ | - | $ | 1,463 | $ | 1,463 | $ | (458 | ) | ||||||||||||||
The following methods were used to estimate the fair value of each class of assets above. The fair value of impaired loans is based on the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the underlying collateral less estimated costs to sell if repayment is expected solely from the collateral. Collateral values are estimated using Level 2 inputs based on observable market data or Level 3 inputs based on customized discounting criteria. Collateral-dependent impaired loans are categorized as Level 3 due to ongoing real estate conditions resulting in inactive market data which, in turn, required the use of unobservable inputs and assumptions in fair value measurements. Impaired loans were measured and reported at fair value through specific valuation allocations of the allowance for loan and lease losses and/or partial charge-offs of the impaired loans. | |||||||||||||||||||||||||
The fair value of other real estate owned is based on the values obtained through property appraisals, which can include observable and unobservable inputs. Other real estate owned fair values are categorized as Level 3 due to ongoing real estate conditions resulting in inactive market data which required the use of unobservable inputs and assumptions in fair value measurements. | |||||||||||||||||||||||||
The following table presents a reconciliation of net assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the first nine months of 2013 and 2012: | |||||||||||||||||||||||||
(in thousands) | Level 3 Securities Available for Sale, Loans Held for Sale and Warrant Liability | ||||||||||||||||||||||||
Nine Months Ended September 30 | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Balance at beginning of year | $ | 1,548 | $ | (1,464 | ) | ||||||||||||||||||||
Net increase (decrease) in Gov't guaranteed loans held for sale | 4,099 | (115 | ) | ||||||||||||||||||||||
Loans held for sale transfered into Level 3 | - | 4,283 | |||||||||||||||||||||||
Settlements - principal reductions in loans held for sale | (848 | ) | (1,857 | ) | |||||||||||||||||||||
Loan participations sold to related party | - | (1,952 | ) | ||||||||||||||||||||||
Loans held for sale transferred to other real estate owned | - | (589 | ) | ||||||||||||||||||||||
Reduction in loans held for sale valuation reserve | 314 | - | |||||||||||||||||||||||
Cancellation of warrants accounted for as liabilities | - | 5,116 | |||||||||||||||||||||||
Changes in fair value of warrant liability | - | 68 | |||||||||||||||||||||||
Balance at end of period | $ | 5,113 | $ | 3,490 | |||||||||||||||||||||
“Settlements” in the above table relate to actual cash payments received from borrowers on loans held for sale and do not represent refinancings or write-downs to fair value. The following methods and assumptions were used to estimate the fair value of significant financial instruments that are not carried at fair value in the consolidated balance sheet: | |||||||||||||||||||||||||
Financial Assets. The carrying amounts of cash and short-term investments are considered to approximate fair value. Short-term investments include federal funds sold and interest bearing deposits with other banks. For investment securities, fair values are based on quoted market prices, where available. If quoted market prices are not available, fair values are estimated using other observable data, which may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other factors. The fair value of loans (including loans held for sale) are estimated using a combination of techniques, including discounting estimated future cash flows and quoted market prices of similar instruments, where available, and are considered to be within Level 2. Impaired loans are within Level 3 of the fair value hierarchy. The carrying value of accrued interest receivable approximates fair value. The carrying amounts of stock in the Federal Home Loan Bank of San Francisco (“FHLB”) and in the FRB approximate their fair value. | |||||||||||||||||||||||||
Financial Liabilities. The carrying amounts of deposit liabilities payable on demand and short-term borrowed funds are considered to approximate fair value. For fixed maturity (i.e., time) deposits, which are within Level 2 of the fair value hierarchy, fair value is estimated by discounting estimated future contractual cash flows using currently offered rates for deposits of similar remaining maturities. The fair value of junior subordinated debt securities (Level 2) is based on rates currently available to the Bank for debt with similar terms and remaining maturities. | |||||||||||||||||||||||||
Off-Balance Sheet Financial Instruments. The fair value of commitments to extend credit and standby letters of credit is estimated using the fees currently charged to enter into similar agreements. The fair value of these financial instruments is not material. | |||||||||||||||||||||||||
The estimated fair value of financial instruments is summarized as follows: | |||||||||||||||||||||||||
(in thousands) | 30-Sep-13 | 31-Dec-12 | 30-Sep-12 | ||||||||||||||||||||||
Carrying Value | Fair Value | Carrying Value | Fair Value | Carrying Value | Fair Value | ||||||||||||||||||||
Financial Assets: | |||||||||||||||||||||||||
Cash and due from banks | $ | 22,423 | $ | 22,423 | $ | 25,635 | $ | 25,635 | $ | 21,197 | $ | 21,197 | |||||||||||||
Interest-bearing deposits in other banks | 1,979 | 1,979 | 3,706 | 3,706 | 5,176 | 5,176 | |||||||||||||||||||
Investment securities | 107,918 | 107,918 | 127,822 | 127,822 | 147,066 | 147,066 | |||||||||||||||||||
Loans held for sale | 5,113 | 5,113 | 1,548 | 1,548 | 3,490 | 3,490 | |||||||||||||||||||
Loans, net of allowance for loan and lease losses | 268,035 | 267,015 | 239,499 | 244,979 | 229,437 | 225,338 | |||||||||||||||||||
Federal Home Loan Bank stock and other investments | 6,974 | 6,974 | 6,822 | 6,822 | 6,699 | 6,699 | |||||||||||||||||||
Accrued interest receivable | 1,217 | 1,217 | 1,361 | 1,361 | 1,353 | 1,353 | |||||||||||||||||||
Financial Liabilities: | |||||||||||||||||||||||||
Deposits | 388,812 | 389,228 | 387,268 | 387,589 | 389,408 | 389,641 | |||||||||||||||||||
Other borrowings | 6,000 | 5,506 | - | - | 3,800 | 3,800 | |||||||||||||||||||
Junior subordinated debt securities | 5,688 | 4,634 | 5,604 | 4,607 | 5,576 | 4,188 | |||||||||||||||||||
Accrued interest payable | 128 | 128 | 111 | 111 | 140 | 140 | |||||||||||||||||||
Note_9_Related_Party_Transacti
Note 9 - Related Party Transactions | 9 Months Ended |
Sep. 30, 2013 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions Disclosure [Text Block] | ' |
Note 9 — Related Party Transactions | |
During the third quarter of 2013 the Bank and MAM entered into separate agreements with CGB Asset Management (“CGB”), a wholly-owned subsidiary of the Company’s majority shareholder, Carpenter Fund Manager GP, LLC, under which a participation in a fully-discounted loan was sold to CGB for cash proceeds of $344,000 and a fully-written down other real estate owned (“OREO”) property was sold to CGB for $599,000. These values were determined by an independent assessment of fair value for each asset and resulted in the acceleration of $344,000 of accretion income on loans acquired with deteriorated credit quality and $599,000 of net gains on the sale of OREO property in the third quarter. |
Note_10_Recent_Accounting_Pron
Note 10 - Recent Accounting Pronouncements | 9 Months Ended |
Sep. 30, 2013 | |
Disclosure Text Block [Abstract] | ' |
Description of New Accounting Pronouncements Not yet Adopted [Text Block] | ' |
Note 10 — Recent Accounting Pronouncements | |
Adoption of New Accounting Standards | |
Offsetting Assets and Liabilities | |
In January 2013, the FASB issued guidance within ASU 2013-01, “Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities.” The amendments in ASU 2013-01 to Topic 210, Balance Sheet, clarify that the scope of ASU 2011-11 “Disclosures about Offsetting Assets and Liabilities,” would apply to derivatives including bifurcated embedded derivatives, repurchase agreements and reverse agreements, and securities borrowing and securities lending transactions that are either offset or subject to a master netting arrangement. The amendments are effective for fiscal years beginning on or after January 1, 2013, and interim periods within those annual periods. The adoption of this guidance did not have a material impact on the Company’s consolidated statement of operations, its consolidated balance sheet, or its consolidated statement of cash flows. | |
Reclassifications Out of Accumulated Other Comprehensive Income | |
In February 2013, the FASB issued guidance within ASU 2013-02, “Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.” The amendments in ASU 2013-02 to Topic 220, Comprehensive Income, update, supersede and replace the presentation requirements for reclassifications out of accumulated other comprehensive income in ASU 2011-05 and 2011-12. The amendments require an entity to provide additional information about reclassifications out of accumulated other comprehensive income. The amendments are effective prospectively for reporting periods beginning after December 15, 2012. Early adoption is permitted. The adoption of this guidance did not have a material impact on the Company’s consolidated statement of operations, its consolidated balance sheet, or its consolidated statement of cash flows and only impacts the presentation of other comprehensive income in the consolidated financial statements. |
Note_11_Subsequent_Event
Note 11 - Subsequent Event | 9 Months Ended |
Sep. 30, 2013 | |
Subsequent Events [Abstract] | ' |
Subsequent Events [Text Block] | ' |
Note 11 — Subsequent Event | |
On October 21, 2013, the Company and Heritage Oaks Bancorp, a California corporation (“Heritage”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) providing for the acquisition by Heritage of the Company pursuant to the merger of the Company with and into Heritage, with Heritage being the surviving corporation (the “Merger”). Immediately after the Merger, Mission Community Bank will be merged with and into Heritage Oaks Bank, Heritage’s wholly-owned banking subsidiary, with Heritage Oaks Bank being the surviving banking corporation. | |
Pursuant to the terms and subject to the conditions of the Merger Agreement, which has been approved by the Board of Directors of each of the Company and Heritage, holders of shares of the Company’s common stock, warrants and options will receive aggregate cash consideration of $8.0 million and aggregate stock consideration of 7,541,353 shares of the common stock of Heritage. Based on the Company’s shares outstanding on October 21, 2013, each share of common stock of the Company would be exchanged for approximately (i) 0.8614 shares of the common stock of Heritage and (ii) cash consideration of approximately $0.19. Based on the closing price of Heritage common stock of $6.42 per share on October 18, 2013, the total value of the merger consideration would be $56.4 million. The actual value received by the Company’s shareholders on a per share basis will fluctuate based on the price of the common stock of Heritage. | |
Each holder of the Company’s warrants (other than warrants issued in the Company’s public rights offering which warrants will terminate if not exercised prior to the Merger) will enter into a warrant holder agreement agreeing not to exercise his, her or its warrants prior to the Merger and receiving at the effective time of the Merger cash in the amount of $0.92 per share of common stock that would have been received upon exercise of the warrants. Each holder of the Company’s options will enter into an option holder agreement, agreeing to cash out his or her Company stock options and cancel them. In the money option holders will receive the spread between the exercise price of such options and $5.92, while out of the money option holders will receive a flat $500 for cancellation of all of their respective options. | |
The Merger Agreement contains customary representations, warranties and covenants made by each of the Company and Heritage. In addition, the Company has agreed not to solicit certain acquisition proposals. However, under certain circumstances specified in the Merger Agreement, the Company is entitled to enter into discussions and negotiate with third parties who submit to the Company certain unsolicited acquisition proposals which the Board of Directors of the Company determines are “Superior Proposals,” as such term is defined in the Merger Agreement. | |
Completion of the Merger is subject to certain conditions, including, among others, the (i) approval of the Merger by the shareholders of the Company and Heritage, (ii) listing on NASDAQ of the shares of Heritage to be issued in the Merger, (iii) receipt of all governmental consents and approvals required to consummate the Merger, (iv) U.S. Securities and Exchange Commission having declared effective under the Securities Act of 1933, as amended, Heritage’s registration statement covering the issuance of shares of Heritage in the Merger, (v) absence of any injunction, order or legal restraint prohibiting consummation of the Merger, and (vi) receipt by Heritage and the Company of opinions from their respective legal counsel that the Merger will be treated as a reorganization within the meaning of Section 368(a) of the Internal Revenue Code. The obligation of each party to consummate the Merger is also conditioned upon the other party’s representations and warranties being true and correct to the extent provided in the Merger Agreement and the other party having performed in all material respects it obligations under the Merger Agreement. Heritage’s obligation to consummate the Merger is also subject to certain additional conditions, including, among others, (i) the Company’s “Adjusted Shareholders’ Equity,” as defined in the Merger Agreement, not being less than 95% of the shareholders’ equity of the Company as of June 30, 2013 as of the “Shareholders’ Equity Measurement Date,” as such term is defined in the Merger Agreement, and (ii) the Company’s “Core Deposits,” as defined in the Merger Agreement, not being less than 80% of the balance of such Core Deposits on September 30, 2013 as of the date of the “Closing Financial Statement,” as such term is defined in the Merger Agreement. | |
The Merger Agreement contains certain termination rights for both the Company and Heritage, including, among others, the right to terminate the Merger Agreement if (i) the Merger is not consummated on or before the nine month anniversary of the date of the Merger Agreement, subject to an extension of up to 90 days in certain circumstances, (ii) if any required regulatory approvals are not obtained or (iii) if the requisite approval of the shareholders of the Company or Heritage is not obtained. In addition, Heritage is entitled to a termination fee of $2,500,000 plus reimbursement of out-of-pocket expenses with respect to the termination of the Merger Agreement in certain instances, including, among other things, (i) the failure of the Company’s shareholders to approve the Merger Agreement, (ii) the failure of the Company to recommend approval of the Merger to its shareholders in certain instances and (iii) in the event that an “Acquisition Proposal,” as such term is defined in the Merger Agreement, has been made known to the shareholders, senior management or board of directors of the Company or any person shall have publicly announced an intention to make an Acquisition Proposal, and thereafter the Merger Agreement is terminated, and prior to the date that is 12 months from the date of such termination, the Company consummates an “Alternative Transaction,” as such term if defined in the Merger Agreement, or enters into any letter of intent or similar agreement related to an Alternative Transaction. | |
The Merger is expected to be consummated in the first quarter of 2014. |
Accounting_Policies_by_Policy_
Accounting Policies, by Policy (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Policies [Abstract] | ' |
New Accounting Pronouncements, Policy [Policy Text Block] | ' |
Adoption of New Accounting Standards | |
Offsetting Assets and Liabilities | |
In January 2013, the FASB issued guidance within ASU 2013-01, “Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities.” The amendments in ASU 2013-01 to Topic 210, Balance Sheet, clarify that the scope of ASU 2011-11 “Disclosures about Offsetting Assets and Liabilities,” would apply to derivatives including bifurcated embedded derivatives, repurchase agreements and reverse agreements, and securities borrowing and securities lending transactions that are either offset or subject to a master netting arrangement. The amendments are effective for fiscal years beginning on or after January 1, 2013, and interim periods within those annual periods. The adoption of this guidance did not have a material impact on the Company’s consolidated statement of operations, its consolidated balance sheet, or its consolidated statement of cash flows. | |
Reclassifications Out of Accumulated Other Comprehensive Income | |
In February 2013, the FASB issued guidance within ASU 2013-02, “Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.” The amendments in ASU 2013-02 to Topic 220, Comprehensive Income, update, supersede and replace the presentation requirements for reclassifications out of accumulated other comprehensive income in ASU 2011-05 and 2011-12. The amendments require an entity to provide additional information about reclassifications out of accumulated other comprehensive income. The amendments are effective prospectively for reporting periods beginning after December 15, 2012. Early adoption is permitted. The adoption of this guidance did not have a material impact on the Company’s consolidated statement of operations, its consolidated balance sheet, or its consolidated statement of cash flows and only impacts the presentation of other comprehensive income in the consolidated financial statements. |
Note_2_Stock_Based_Compensatio1
Note 2 - Stock Based Compensation Plans (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||
Schedule of Unrecognized Compensation Cost, Nonvested Awards [Table Text Block] | ' | ||||||||||||||||
October 1 through December 31, 2013 | $ | 16 | |||||||||||||||
2014 | 62 | ||||||||||||||||
2015 | 62 | ||||||||||||||||
2016 | 51 | ||||||||||||||||
2017 | 10 | ||||||||||||||||
Total unrecognized compensation cost | $ | 201 | |||||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | ' | ||||||||||||||||
Shares | Weighted-Average Exercise Price | Weighted-Average Remaining Contractual Term (Years) | Aggregate Intrinsic Value of In-the-Money Options | ||||||||||||||
Outstanding at beginning of period | 456,900 | $ | 6.12 | ||||||||||||||
Options granted | - | ||||||||||||||||
Options exercised | - | ||||||||||||||||
Options expired unexercised | - | ||||||||||||||||
Options forfeited | (6,500 | ) | 12.88 | ||||||||||||||
Outstanding at end of period | 450,400 | $ | 6.03 | 8 | $ | - | |||||||||||
Options exercisable at end of period | 217,400 | $ | 7.12 | 7 | $ | - | |||||||||||
Options Vested or Expected to Vest | 450,400 | $ | 6.03 | 8 | $ | - | |||||||||||
Note_3_Investment_Securities_T
Note 3 - Investment Securities (Tables) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Available-for-sale Securities Reconciliation [Table Text Block] | ' | ||||||||||||||||||||||||
(in thousands) | Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Estimated Fair Value | |||||||||||||||||||||
September 30, 2013: | |||||||||||||||||||||||||
U.S. Government agencies | $ | 18,944 | $ | 83 | $ | (463 | ) | $ | 18,564 | ||||||||||||||||
Residential mortgage-backed securities | 52,841 | 182 | (1,147 | ) | 51,876 | ||||||||||||||||||||
Municipal securities | 15,253 | 59 | (171 | ) | 15,141 | ||||||||||||||||||||
Corporate debt securities | 3,250 | 3 | (19 | ) | 3,234 | ||||||||||||||||||||
Asset-backed securities | 19,523 | - | (420 | ) | 19,103 | ||||||||||||||||||||
$ | 109,811 | $ | 327 | $ | (2,220 | ) | $ | 107,918 | |||||||||||||||||
December 31, 2012: | |||||||||||||||||||||||||
U.S. Government agencies | $ | 30,007 | $ | 589 | $ | (7 | ) | $ | 30,589 | ||||||||||||||||
Residential mortgage-backed securities | 60,550 | 1,159 | (49 | ) | 61,660 | ||||||||||||||||||||
Municipal securities | 19,247 | 132 | (106 | ) | 19,273 | ||||||||||||||||||||
Corporate debt securities | 3,015 | 2 | (21 | ) | 2,996 | ||||||||||||||||||||
Asset-backed securities | 13,202 | 112 | (10 | ) | 13,304 | ||||||||||||||||||||
$ | 126,021 | $ | 1,994 | $ | (193 | ) | $ | 127,822 | |||||||||||||||||
September 30, 2012: | |||||||||||||||||||||||||
U.S. Government agencies | $ | 42,686 | $ | 561 | $ | - | $ | 43,247 | |||||||||||||||||
Residential mortgage-backed securities | 68,968 | 1,527 | (16 | ) | 70,479 | ||||||||||||||||||||
Municipal securities | 16,445 | 202 | (55 | ) | 16,592 | ||||||||||||||||||||
Corporate debt securities | 3,026 | 4 | (6 | ) | 3,024 | ||||||||||||||||||||
Asset-backed securities | 13,647 | 77 | - | 13,724 | |||||||||||||||||||||
$ | 144,772 | $ | 2,371 | $ | (77 | ) | $ | 147,066 | |||||||||||||||||
Investments Classified by Contractual Maturity Date [Table Text Block] | ' | ||||||||||||||||||||||||
(in thousands) | Available-for-Sale Securities | ||||||||||||||||||||||||
Amortized Cost | Fair Value | ||||||||||||||||||||||||
Within one year | $ | 241 | $ | 241 | |||||||||||||||||||||
Due in one year to five years | 7,104 | 7,068 | |||||||||||||||||||||||
Due in five years to ten years | 30,865 | 30,563 | |||||||||||||||||||||||
Due in greater than ten years | 71,601 | 70,046 | |||||||||||||||||||||||
$ | 109,811 | $ | 107,918 | ||||||||||||||||||||||
Schedule of Unrealized Loss on Investments [Table Text Block] | ' | ||||||||||||||||||||||||
(in thousands) | Less than 12 Months | 12 Months or Longer | Total | ||||||||||||||||||||||
Fair Value | Unrealized Losses | Fair Value | Unrealized Losses | Fair Value | Unrealized Losses | ||||||||||||||||||||
September 30, 2013: | |||||||||||||||||||||||||
U.S. Government agencies | $ | 11,379 | $ | 463 | $ | - | $ | - | $ | 11,379 | $ | 463 | |||||||||||||
Residential mortgage-backed securities | 46,380 | 1,147 | - | - | 46,380 | 1,147 | |||||||||||||||||||
Municipal securities | 9,797 | 132 | 1,525 | 39 | 11,322 | 171 | |||||||||||||||||||
Corporate debt securities | 2,231 | 19 | - | - | 2,231 | 19 | |||||||||||||||||||
Asset-backed securities | 19,102 | 420 | - | - | 19,102 | 420 | |||||||||||||||||||
$ | 88,889 | $ | 2,181 | $ | 1,525 | $ | 39 | $ | 90,414 | $ | 2,220 | ||||||||||||||
December 31, 2012: | |||||||||||||||||||||||||
U.S. Government agencies | $ | 3,005 | $ | 7 | $ | - | $ | - | $ | 3,005 | $ | 7 | |||||||||||||
Residential mortgage-backed securities | 7,605 | 49 | - | - | 7,605 | 49 | |||||||||||||||||||
Municipal securities | 12,168 | 106 | - | - | 12,168 | 106 | |||||||||||||||||||
Corporate debt securities | 1,979 | 21 | - | - | 1,979 | 21 | |||||||||||||||||||
Asset-backed securities | 3,174 | 10 | - | - | 3,174 | 10 | |||||||||||||||||||
$ | 27,931 | $ | 193 | $ | - | $ | - | $ | 27,931 | $ | 193 | ||||||||||||||
September 30, 2012: | |||||||||||||||||||||||||
U.S. Government agencies | - | $ | - | $ | - | $ | - | $ | - | $ | - | ||||||||||||||
Residential mortgage-backed securities | 9,601 | $ | 16 | $ | - | $ | - | $ | 9,601 | $ | 16 | ||||||||||||||
Municipal securities | 4,986 | 55 | - | - | 4,986 | 55 | |||||||||||||||||||
Corporate debt securities | 1,994 | 6 | - | - | 1,994 | 6 | |||||||||||||||||||
Asset-backed securities | - | - | - | - | - | - | |||||||||||||||||||
$ | 16,581 | $ | 77 | $ | - | $ | - | $ | 16,581 | $ | 77 | ||||||||||||||
Note_4_Loans_Tables
Note 4 - Loans (Tables) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Receivables [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | ' | ||||||||||||||||||||||||
Loan Composition | |||||||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | 30-Sep-12 | |||||||||||||||||||||||
Type of Loan | Amount | Percentage | Amount | Percentage | Amount | Percentage | |||||||||||||||||||
Construction and land development | $ | 12,915 | 4.6 | % | $ | 11,995 | 4.9 | % | $ | 11,695 | 4.9 | % | |||||||||||||
Commercial real estate - owner-occupied | 72,425 | 26.1 | % | 72,036 | 29.4 | % | 69,410 | 29.3 | % | ||||||||||||||||
Commercial real estate - non-owner-occupied | 69,080 | 24.9 | % | 69,145 | 28.2 | % | 75,020 | 31.7 | % | ||||||||||||||||
Residential real estate | 42,227 | 15.2 | % | 31,501 | 12.8 | % | 32,120 | 13.6 | % | ||||||||||||||||
Farnland and all other real estate loans | 19,775 | 7.1 | % | 8,299 | 3.4 | % | 7,764 | 3.3 | % | ||||||||||||||||
Commercial and industrial loans | 38,996 | 14.1 | % | 33,580 | 13.7 | % | 32,826 | 13.8 | % | ||||||||||||||||
Agricultural loans | 11,638 | 4.2 | % | 14,252 | 5.8 | % | 3,369 | 1.4 | % | ||||||||||||||||
Municipal loans | 2,293 | 0.8 | % | 2,347 | 1 | % | 2,352 | 1 | % | ||||||||||||||||
Leases, net of unearned income | 793 | 0.3 | % | 1,057 | 0.4 | % | 1,277 | 0.5 | % | ||||||||||||||||
Consumer loans | 7,403 | 2.7 | % | 1,077 | 0.4 | % | 1,194 | 0.5 | % | ||||||||||||||||
Total loans | $ | 277,545 | 100 | % | $ | 245,289 | 100 | % | $ | 237,027 | 100 | % | |||||||||||||
' | |||||||||||||||||||||||||
Loans Held for Sale* | |||||||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | 30-Sep-12 | |||||||||||||||||||||||
Type of Loan | Amount | % of Total Loans | Amount | % of Total Loans | Amount | % of Total Loans | |||||||||||||||||||
Commercial and industrial | $ | 292 | 0.1 | % | $ | 346 | 0.1 | % | $ | 278 | 0.1 | % | |||||||||||||
Real estate | 4,821 | 1.7 | % | 1,202 | 0.5 | % | 1,656 | 0.7 | % | ||||||||||||||||
Construction and land development | - | 0 | % | - | 0 | % | 1,556 | 0.7 | % | ||||||||||||||||
Total loans held for sale | $ | 5,113 | 1.8 | % | $ | 1,548 | 0.6 | % | $ | 3,490 | 1.5 | % | |||||||||||||
* Consists of all loans held at Mission Asset Management, Inc. and SBA-guaranteed loans held for sale at Mission Community Bank |
Note_5_Credit_Quality_and_the_1
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Tables) | 9 Months Ended | ||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||||||
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||||||
Allowance for Credit Losses on Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
(in thousands) | Three Months Ended | Nine Months Ended | |||||||||||||||||||||||||||||||||||
September 30, | 30-Sep | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Balance at beginning of period | $ | 4,232 | $ | 3,781 | $ | 4,242 | $ | 3,326 | |||||||||||||||||||||||||||||
Provision for loan and lease losses charged to expense | 210 | 225 | 310 | 675 | |||||||||||||||||||||||||||||||||
Loans charged off | (68 | ) | (22 | ) | (261 | ) | (144 | ) | |||||||||||||||||||||||||||||
Recoveries on loans previously charged off | 23 | 116 | 106 | 243 | |||||||||||||||||||||||||||||||||
Balance at end of period | $ | 4,397 | $ | 4,100 | $ | 4,397 | $ | 4,100 | |||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
Loans by Asset Quality Rating (excluding loans held for sale*) | Asset Quality Ratings | ||||||||||||||||||||||||||||||||||||
(in thousands) | Pass | Special | Substandard | Doubtful | Total | ||||||||||||||||||||||||||||||||
Mention | Loans | ||||||||||||||||||||||||||||||||||||
As of September 30, 2013: | |||||||||||||||||||||||||||||||||||||
Construction and land development | $ | 12,045 | $ | - | $ | 951 | $ | - | $ | 12,996 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 66,698 | - | 5,143 | - | 71,841 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 68,407 | - | 1,236 | - | 69,643 | ||||||||||||||||||||||||||||||||
Residential real estate | 40,605 | 85 | 630 | 182 | 41,502 | ||||||||||||||||||||||||||||||||
All other real estate | 19,782 | - | 20 | - | 19,802 | ||||||||||||||||||||||||||||||||
Commercial and industrial | 45,285 | 57 | 3,177 | - | 48,519 | ||||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 8,129 | - | - | - | 8,129 | ||||||||||||||||||||||||||||||||
Total loans, net of unearned income | $ | 260,951 | $ | 142 | $ | 11,157 | $ | 182 | $ | 272,432 | |||||||||||||||||||||||||||
As of December 31, 2012: | |||||||||||||||||||||||||||||||||||||
Construction and land development | $ | 11,440 | $ | - | $ | 555 | $ | - | $ | 11,995 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 65,132 | - | 5,896 | - | 71,028 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 66,799 | 1,396 | 1,166 | - | 69,361 | ||||||||||||||||||||||||||||||||
Residential real estate | 28,588 | - | 2,268 | 185 | 31,041 | ||||||||||||||||||||||||||||||||
All other real estate | 8,319 | - | 29 | - | 8,348 | ||||||||||||||||||||||||||||||||
Commercial and industrial | 44,921 | 161 | 4,272 | - | 49,354 | ||||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 2,614 | - | - | - | 2,614 | ||||||||||||||||||||||||||||||||
Total loans, net of unearned income | $ | 227,813 | $ | 1,557 | $ | 14,186 | $ | 185 | $ | 243,741 | |||||||||||||||||||||||||||
As of September 30, 2012: | |||||||||||||||||||||||||||||||||||||
Construction and land development | $ | 9,455 | $ | 100 | $ | 585 | $ | - | $ | 10,140 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 62,593 | - | 5,831 | - | 68,424 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 71,595 | 2,409 | 1,178 | - | 75,182 | ||||||||||||||||||||||||||||||||
Residential real estate | 28,621 | - | 2,284 | 185 | 31,090 | ||||||||||||||||||||||||||||||||
All other real estate | 7,732 | - | 32 | - | 7,764 | ||||||||||||||||||||||||||||||||
Commercial and industrial | 34,122 | 324 | 3,765 | - | 38,211 | ||||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 2,726 | - | - | - | 2,726 | ||||||||||||||||||||||||||||||||
Total loans, net of unearned income | $ | 216,844 | $ | 2,833 | $ | 13,675 | $ | 185 | $ | 233,537 | |||||||||||||||||||||||||||
* Loans held for sale consists of all loans held at Mission Asset Management, Inc. and SBA-guaranteed loans held for sale at Mission Community Bank | |||||||||||||||||||||||||||||||||||||
Past Due Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
(in thousands) | Construction | Commercial Real Estate | Commercial | Consumer andAll Other | |||||||||||||||||||||||||||||||||
and Land Development | Owner-Occupied | Non-Owner-Occupied | Residential Real Estate | All Other Real Estate | and | Loans and Leases | Total Loans | ||||||||||||||||||||||||||||||
Industrial | |||||||||||||||||||||||||||||||||||||
As of September 30, 2013: | |||||||||||||||||||||||||||||||||||||
Recorded Balance of Loans Past Due: | |||||||||||||||||||||||||||||||||||||
30-59 Days | $ | 121 | $ | 116 | $ | - | $ | - | $ | - | $ | 182 | $ | - | $ | 419 | |||||||||||||||||||||
60-89 Days | - | 1,073 | - | - | - | 62 | - | 1,135 | |||||||||||||||||||||||||||||
90+ Days | - | 650 | - | 241 | - | 149 | - | 1,040 | |||||||||||||||||||||||||||||
Total Past Due | 121 | 1,839 | - | 241 | - | 393 | - | 2,594 | |||||||||||||||||||||||||||||
Loans in Current Payment Status | 12,875 | 70,002 | 69,643 | 41,261 | 19,802 | 48,126 | 8,129 | 269,838 | |||||||||||||||||||||||||||||
Total Loans | $ | 12,996 | $ | 71,841 | $ | 69,643 | $ | 41,502 | $ | 19,802 | $ | 48,519 | $ | 8,129 | $ | 272,432 | |||||||||||||||||||||
Loans 90+ Days Past Due and Accruing1 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||||||
Accruing Troubled Debt Restructurings | - | - | - | 702 | - | - | - | 702 | |||||||||||||||||||||||||||||
Loans in Non-accrual Status | 731 | 1,219 | 3,547 | 756 | 20 | 2,470 | - | 8,743 | |||||||||||||||||||||||||||||
As of December 31, 2012: | |||||||||||||||||||||||||||||||||||||
Recorded Balance of Loans Past Due: | |||||||||||||||||||||||||||||||||||||
30-59 Days | $ | - | $ | 55 | $ | - | $ | 325 | $ | - | $ | 620 | $ | 69 | $ | 1,069 | |||||||||||||||||||||
60-89 Days | - | 916 | - | - | - | 44 | - | 960 | |||||||||||||||||||||||||||||
90+ Days | - | 820 | - | 343 | - | 227 | - | 1,390 | |||||||||||||||||||||||||||||
Total Past Due | - | 1,791 | - | 668 | - | 891 | 69 | 3,419 | |||||||||||||||||||||||||||||
Loans in Current Payment Status | 11,995 | 69,237 | 69,361 | 30,373 | 8,348 | 48,463 | 2,545 | 240,322 | |||||||||||||||||||||||||||||
Total Loans | $ | 11,995 | $ | 71,028 | $ | 69,361 | $ | 31,041 | $ | 8,348 | $ | 49,354 | $ | 2,614 | $ | 243,741 | |||||||||||||||||||||
Loans 90+ Days Past Due and Accruing1 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||||||
Accruing Troubled Debt Restructurings | - | 13 | - | 709 | - | - | - | 722 | |||||||||||||||||||||||||||||
Loans in Non-accrual Status | 555 | 3,779 | 845 | 842 | 29 | 3,018 | - | 9,068 | |||||||||||||||||||||||||||||
As of September 30, 2012: | |||||||||||||||||||||||||||||||||||||
Recorded Balance of Loans Past Due: | |||||||||||||||||||||||||||||||||||||
30-59 Days | $ | - | $ | 59 | $ | - | $ | 158 | $ | - | $ | 427 | $ | 174 | $ | 818 | |||||||||||||||||||||
60-89 Days | 268 | 1,000 | - | - | - | 57 | - | 1,325 | |||||||||||||||||||||||||||||
90+ Days | - | 771 | - | 185 | - | 265 | - | 1,221 | |||||||||||||||||||||||||||||
Total Past Due | 268 | 1,830 | - | 343 | - | 749 | 174 | 3,364 | |||||||||||||||||||||||||||||
Loans in Current Payment Status | 9,872 | 66,594 | 75,182 | 30,747 | 7,764 | 37,462 | 2,552 | 230,173 | |||||||||||||||||||||||||||||
Total Loans | $ | 10,140 | $ | 68,424 | $ | 75,182 | $ | 31,090 | $ | 7,764 | $ | 38,211 | $ | 2,726 | $ | 233,537 | |||||||||||||||||||||
Loans 90+ Days Past Due and Accruing1 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | 120 | $ | 7 | $ | 127 | |||||||||||||||||||||
Accruing Troubled Debt Restructurings | - | - | - | - | - | 711 | - | 711 | |||||||||||||||||||||||||||||
Loans in Non-accrual Status | 317 | 2,267 | 866 | 851 | 32 | 1,608 | - | 5,941 | |||||||||||||||||||||||||||||
Impaired Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
(in thousands) | Construction | Commercial Real Estate | All | Consumer and All Other | |||||||||||||||||||||||||||||||||
and | Owner-Occupied | Non- | Residential Real Estate | Other | Commercial | Loans | Unallocated | Total Loans | |||||||||||||||||||||||||||||
Land Development | Owner-Occupied | Real | and Industrial | and | |||||||||||||||||||||||||||||||||
Estate | Leases | ||||||||||||||||||||||||||||||||||||
Loans Held for Investment as of September 30, 2013: | |||||||||||||||||||||||||||||||||||||
Recorded Investment: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With an Allowance Recorded | $ | 275 | $ | 928 | $ | 701 | $ | 182 | $ | 20 | $ | 818 | $ | - | $ | 2,924 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | 1,359 | 155 | 777 | - | 1,391 | - | 3,682 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 275 | 2,287 | 856 | 959 | 20 | 2,209 | - | 6,606 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 10,709 | 54,217 | 57,186 | 38,425 | 19,782 | 45,738 | 7,954 | 234,011 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 2,012 | 15,337 | 11,601 | 2,118 | - | 572 | 175 | 31,815 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 12,996 | $ | 71,841 | $ | 69,643 | $ | 41,502 | $ | 19,802 | $ | 48,519 | $ | 8,129 | $ | 272,432 | |||||||||||||||||||||
Unpaid Principal Balance: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 302 | $ | 1,040 | $ | 755 | $ | 197 | $ | 23 | $ | 1,321 | $ | - | $ | 3,638 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | 1,542 | 175 | 802 | - | 1,950 | - | 4,469 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 302 | 2,582 | 930 | 999 | 23 | 3,271 | - | 8,107 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 10,709 | 54,217 | 57,186 | 38,425 | 19,782 | 45,738 | 7,954 | 234,011 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 2,238 | 16,840 | 12,546 | 2,550 | - | 1,505 | 178 | 35,857 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 13,249 | $ | 73,639 | $ | 70,662 | $ | 41,974 | $ | 19,805 | $ | 50,514 | $ | 8,132 | $ | 277,975 | |||||||||||||||||||||
Related Allowance for Loan and Lease Losses: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 138 | $ | 117 | $ | 30 | $ | 126 | $ | 4 | $ | 230 | $ | - | $ | 645 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 138 | 117 | 30 | 126 | 4 | 230 | - | 645 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 370 | 353 | 600 | 724 | 99 | 1,178 | 143 | $ | 240 | 3,707 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | - | 25 | - | - | - | 20 | - | 45 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 508 | $ | 495 | $ | 630 | $ | 850 | $ | 103 | $ | 1,428 | $ | 143 | $ | 240 | $ | 4,397 | |||||||||||||||||||
For the Nine Months Ended September 30, 2013: | |||||||||||||||||||||||||||||||||||||
Average Recorded Investment in Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 311 | $ | 827 | $ | 725 | $ | 965 | $ | 24 | $ | 1,494 | $ | - | $ | 4,346 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | 1,534 | - | - | - | 1,000 | - | 2,534 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | 311 | $ | 2,361 | $ | 725 | $ | 965 | $ | 24 | $ | 2,494 | $ | - | $ | 6,880 | |||||||||||||||||||||
Interest Income Recognized on Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | - | $ | - | $ | - | $ | 29 | $ | - | $ | - | $ | - | $ | 29 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | 1 | - | - | - | - | - | 1 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | - | $ | 1 | $ | - | $ | 29 | $ | - | $ | - | $ | - | $ | 30 | |||||||||||||||||||||
(in thousands) | Construction | Commercial Real Estate | All | Consumer and All Other | |||||||||||||||||||||||||||||||||
and | Owner-Occupied | Non- | Residential Real Estate | Other | Commercial and Industrial | Loans | Unallocated | Total Loans | |||||||||||||||||||||||||||||
Land Development | Owner-Occupied | Real | and | ||||||||||||||||||||||||||||||||||
Estate | Leases | ||||||||||||||||||||||||||||||||||||
Loans Held for Investment as of December 31, 2012: | |||||||||||||||||||||||||||||||||||||
Recorded Investment: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With an Allowance Recorded | $ | 385 | $ | 686 | $ | 749 | $ | 894 | $ | 29 | $ | 1,354 | $ | - | $ | 4,097 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 170 | 1,599 | - | - | - | 1,298 | - | 3,067 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 555 | 2,285 | 749 | 894 | 29 | 2,652 | - | 7,164 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 8,985 | 51,837 | 57,058 | 25,613 | 8,319 | 45,735 | 2,435 | 199,982 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 2,455 | 16,906 | 11,554 | 4,534 | - | 967 | 179 | 36,595 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 11,995 | $ | 71,028 | $ | 69,361 | $ | 31,041 | $ | 8,348 | $ | 49,354 | $ | 2,614 | $ | 243,741 | |||||||||||||||||||||
Unpaid Principal Balance: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 404 | $ | 731 | $ | 763 | $ | 899 | $ | 30 | $ | 2,040 | $ | - | $ | 4,867 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 177 | 1,745 | - | - | - | 1,427 | - | 3,349 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 581 | 2,476 | 763 | 899 | 30 | 3,467 | - | 8,216 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 8,985 | 51,837 | 57,058 | 25,613 | 8,319 | 45,735 | 2,435 | 199,982 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 6,264 | 18,575 | 13,184 | 6,468 | - | 2,489 | 183 | 47,163 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 15,830 | $ | 72,888 | $ | 71,005 | $ | 32,980 | $ | 8,349 | $ | 51,691 | $ | 2,618 | $ | 255,361 | |||||||||||||||||||||
Related Allowance for Loan and Lease Losses: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 103 | $ | 53 | $ | 66 | $ | 324 | $ | 2 | $ | 683 | $ | - | $ | 1,231 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 103 | 53 | 66 | 324 | 2 | 683 | - | 1,231 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 218 | 410 | 664 | 582 | 33 | 1,052 | 51 | $ | 1 | 3,011 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 321 | $ | 463 | $ | 730 | $ | 906 | $ | 35 | $ | 1,735 | $ | 51 | $ | 1 | $ | 4,242 | |||||||||||||||||||
For the Year Ended December 31, 2012: | |||||||||||||||||||||||||||||||||||||
Average Recorded Investment in Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 198 | $ | 655 | $ | 303 | $ | 291 | $ | 6 | $ | 791 | $ | - | $ | 2,244 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 533 | 1,378 | 109 | 782 | - | 1,425 | - | 4,227 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | 731 | $ | 2,033 | $ | 412 | $ | 1,073 | $ | 6 | $ | 2,216 | $ | - | $ | 6,471 | |||||||||||||||||||||
Interest Income Recognized on Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | - | $ | - | $ | - | $ | 10 | $ | - | $ | - | $ | - | $ | 10 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | - | 1 | - | - | - | - | 1 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | - | $ | - | $ | 1 | $ | 10 | $ | - | $ | - | $ | - | $ | 11 | |||||||||||||||||||||
(in thousands) | Construction | Commercial Real Estate | All | Consumer and All Other | |||||||||||||||||||||||||||||||||
and | Owner-Occupied | Non- | Residential Real Estate | Other | Commercial and Industrial | Loans | Unallocated | Total Loans | |||||||||||||||||||||||||||||
Land | Owner-Occupied | Real | and | ||||||||||||||||||||||||||||||||||
Development | Estate | Leases | |||||||||||||||||||||||||||||||||||
Loans Held for Investment as of September 30, 2012: | |||||||||||||||||||||||||||||||||||||
Recorded Investment: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With an Allowance Recorded | $ | 214 | $ | - | $ | 765 | $ | 897 | $ | - | $ | 293 | $ | - | $ | 2,169 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 372 | 1,893 | - | - | - | 823 | - | 3,088 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 586 | 1,893 | 765 | 897 | - | 1,116 | - | 5,257 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 7,079 | 49,524 | 62,865 | 25,655 | 7,764 | 35,964 | 2,543 | 191,394 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 2,475 | 17,007 | 11,552 | 4,538 | - | 1,131 | 183 | 36,886 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 10,140 | $ | 68,424 | $ | 75,182 | $ | 31,090 | $ | 7,764 | $ | 38,211 | $ | 2,726 | $ | 233,537 | |||||||||||||||||||||
Unpaid Principal Balance: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 223 | $ | - | $ | 765 | $ | 901 | $ | - | $ | 120 | $ | - | $ | 2,009 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 378 | 2,025 | - | - | - | 817 | - | 3,220 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 601 | 2,025 | 765 | 901 | - | 937 | - | 5,229 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 7,079 | 49,524 | 62,865 | 25,655 | 7,764 | 35,964 | 2,543 | 191,394 | |||||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | 6,288 | 18,749 | 13,251 | 6,498 | - | 2,914 | 187 | 47,887 | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 113,968 | $ | 70,298 | $ | 76,881 | $ | 33,054 | $ | 7,764 | $ | 39,815 | $ | 2,730 | $ | 244,510 | |||||||||||||||||||||
Related Allowance for Loan and Lease Losses: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 86 | $ | - | $ | 79 | $ | 213 | $ | - | $ | 126 | $ | - | $ | 504 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | 86 | - | 79 | 213 | - | 126 | - | 504 | |||||||||||||||||||||||||||||
Loans Collectively Evaluated For Impairment | 183 | 619 | 877 | 599 | 39 | 1,153 | 111 | $ | 15 | 3,596 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||
Total Loans Held for Investment | $ | 269 | $ | 619 | $ | 956 | $ | 812 | $ | 39 | $ | 1,279 | $ | 111 | $ | 15 | $ | 4,100 | |||||||||||||||||||
For the Nine Months Ended September 30, 2012: | |||||||||||||||||||||||||||||||||||||
Average Recorded Investment in Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | 103 | $ | 145 | $ | 191 | $ | 318 | $ | - | $ | 366 | $ | - | $ | 1,123 | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 229 | 1,447 | - | - | - | 558 | - | 2,234 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | 332 | $ | 1,592 | $ | 191 | $ | 318 | $ | - | $ | 924 | $ | - | $ | 3,357 | |||||||||||||||||||||
Interest Income Recognized on Impaired Loans: | |||||||||||||||||||||||||||||||||||||
Impaired Loans With An Allowance Recorded | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||||||
Impaired Loans With No Allowance Recorded | 13 | - | - | 38 | - | 6 | - | 57 | |||||||||||||||||||||||||||||
Total Loans Individually Evaluated For Impairment | $ | 13 | $ | - | $ | - | $ | 38 | $ | - | $ | 6 | $ | - | $ | 57 | |||||||||||||||||||||
Accretable Discount for Loans Purchased [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, | |||||||||||||||||||||||||||||||||||||
(in thousands) | 2013 | 2012 | |||||||||||||||||||||||||||||||||||
Balance at beginning of year | $ | 1,734 | $ | 3,289 | |||||||||||||||||||||||||||||||||
Measurement period adustments to Santa Lucia Bank fair values | - | (428 | ) | ||||||||||||||||||||||||||||||||||
Accretion to interest income | (2,046 | ) | (844 | ) | |||||||||||||||||||||||||||||||||
Loans reclassified to held for sale | - | (355 | ) | ||||||||||||||||||||||||||||||||||
Loans charged off | 50 | - | |||||||||||||||||||||||||||||||||||
Transfers from non-accretable discount to accretable | 2,329 | 125 | |||||||||||||||||||||||||||||||||||
Balance at end of period | $ | 2,067 | $ | 1,787 | |||||||||||||||||||||||||||||||||
Changes in Allowances for Loan and Lease Losses (Member) | ' | ||||||||||||||||||||||||||||||||||||
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||||||
Allowance for Credit Losses on Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
Three Months Ended September 30, 2013 | |||||||||||||||||||||||||||||||||||||
Loan Portfolio Segment | Balance at Beginning of Period | Provision for Loan Losses Charged (Credited) to Expense | Less Loans Charged Off | Plus Recoveries on Loans Previously Charged Off | Balance at End of Period | ||||||||||||||||||||||||||||||||
Construction and land development | $ | 427 | $ | 81 | $ | - | $ | - | $ | 508 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 345 | 148 | - | 2 | 495 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 637 | (7 | ) | - | - | 630 | |||||||||||||||||||||||||||||||
Residential real estate | 1,001 | (160 | ) | - | 9 | 850 | |||||||||||||||||||||||||||||||
All other real estate loans | 89 | 14 | - | - | 103 | ||||||||||||||||||||||||||||||||
Commercial and industrial loans | 1,497 | (21 | ) | (60 | ) | 12 | 1,428 | ||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 104 | 47 | (8 | ) | - | 143 | |||||||||||||||||||||||||||||||
Unallocated | 132 | 108 | - | - | 240 | ||||||||||||||||||||||||||||||||
Totals | $ | 4,232 | $ | 210 | $ | (68 | ) | $ | 23 | $ | 4,397 | ||||||||||||||||||||||||||
Three Months Ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||
Loan Portfolio Segment | Balance at Beginning of Period | Provision for Loan Losses Charged (Credited) to Expense | Less Loans Charged Off | Plus Recoveries on Loans Previously Charged Off | Balance at End of Period | ||||||||||||||||||||||||||||||||
Construction and land development | $ | 366 | $ | (97 | ) | $ | - | $ | - | $ | 269 | ||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 505 | 85 | - | 28 | 618 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 883 | 73 | - | - | 956 | ||||||||||||||||||||||||||||||||
Residential real estate | 658 | 154 | - | - | 812 | ||||||||||||||||||||||||||||||||
All other real estate loans | 6 | 33 | - | - | 39 | ||||||||||||||||||||||||||||||||
Commercial and industrial loans | 1,197 | 70 | - | 13 | 1,280 | ||||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 134 | (76 | ) | (22 | ) | 75 | 111 | ||||||||||||||||||||||||||||||
Unallocated | 32 | (17 | ) | - | - | 15 | |||||||||||||||||||||||||||||||
Totals | $ | 3,781 | $ | 225 | $ | (22 | ) | $ | 116 | $ | 4,100 | ||||||||||||||||||||||||||
Nine Months Ended September 30, 2013 | |||||||||||||||||||||||||||||||||||||
Loan Portfolio Segment | Balance at Beginning of Period | Provision for Loan Losses Charged (Credited) to Expense | Less Loans Charged Off | Plus Recoveries on Loans Previously Charged Off | Balance at End of Period | ||||||||||||||||||||||||||||||||
Construction and land development | $ | 321 | $ | 187 | $ | - | $ | - | $ | 508 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 463 | 30 | - | 2 | 495 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 730 | (100 | ) | - | - | 630 | |||||||||||||||||||||||||||||||
Residential real estate | 906 | 47 | (117 | ) | 14 | 850 | |||||||||||||||||||||||||||||||
All other real estate loans | 35 | 68 | - | - | 103 | ||||||||||||||||||||||||||||||||
Commercial and industrial loans | 1,735 | (315 | ) | (82 | ) | 90 | 1,428 | ||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 51 | 154 | (62 | ) | - | 143 | |||||||||||||||||||||||||||||||
Unallocated | 1 | 239 | - | - | 240 | ||||||||||||||||||||||||||||||||
Totals | $ | 4,242 | $ | 310 | $ | (261 | ) | $ | 106 | $ | 4,397 | ||||||||||||||||||||||||||
Nine Months Ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||
Loan Portfolio Segment | Balance at Beginning of Year | Provision for Loan Losses Charged (Credited) to Expense | Less Loans Charged Off | Plus Recoveries on Loans Previously Charged Off | Balance at End of Period | ||||||||||||||||||||||||||||||||
Construction and land development | $ | 157 | $ | 112 | $ | - | $ | - | $ | 269 | |||||||||||||||||||||||||||
Commercial real estate - owner-occupied | 253 | 335 | - | 30 | 618 | ||||||||||||||||||||||||||||||||
Commercial real estate - non-owner-occupied | 675 | 281 | - | - | 956 | ||||||||||||||||||||||||||||||||
Residential real estate | 640 | 172 | - | - | 812 | ||||||||||||||||||||||||||||||||
All other real estate loans | 4 | 35 | - | - | 39 | ||||||||||||||||||||||||||||||||
Commercial and industrial loans | 1,363 | (70 | ) | (101 | ) | 88 | 1,280 | ||||||||||||||||||||||||||||||
Consumer and all other loans and lease financing | 124 | (95 | ) | (43 | ) | 125 | 111 | ||||||||||||||||||||||||||||||
Unallocated | 110 | (95 | ) | - | - | 15 | |||||||||||||||||||||||||||||||
Totals | $ | 3,326 | $ | 675 | $ | (144 | ) | $ | 243 | $ | 4,100 | ||||||||||||||||||||||||||
Note_6_Common_and_Preferred_St1
Note 6 - Common and Preferred Stock and Earnings (Loss) per Share (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Stockholders' Equity Note [Abstract] | ' | ||||||||||||||||
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] | ' | ||||||||||||||||
Shares | Weighted | ||||||||||||||||
Average | |||||||||||||||||
Exercise | |||||||||||||||||
Price | |||||||||||||||||
Outstanding December 31, 2011 | 7,290,521 | $ | 4.9 | ||||||||||||||
Warrants cancelled in 2012 | (6,541,849 | ) | 4.89 | ||||||||||||||
Warrants issued in 2012 | 6,659,780 | 5 | |||||||||||||||
Warrants exercised in 2012 | (400,000 | ) | 5 | ||||||||||||||
Outstanding December 31, 2012 | 7,008,452 | 5 | |||||||||||||||
Warrants issued in 1st nine months 2013 | - | ||||||||||||||||
Warrants exercised 1st nine months 2013 | (600,000 | ) | 5 | ||||||||||||||
Outstanding September 30, 2013 | 6,408,452 | $ | 5 | ||||||||||||||
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | ' | ||||||||||||||||
(in thousands, except per share data) | For the Three Months Ended September 30, | For the Nine Months Ended September 30, | |||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Net income (loss) | $ | 227 | $ | 760 | $ | 1,751 | $ | 451 | |||||||||
Less earnings and dividends applicable to preferred stock: | |||||||||||||||||
Convertible preferred (Series A & C) | 2 | - | 19 | - | |||||||||||||
Non-convertible subsidiary-issued preferred stock | 16 | 151 | 86 | 500 | |||||||||||||
Net income allocated to all classes of preferred stock | 18 | 151 | 105 | 500 | |||||||||||||
Net income (loss) attributable to common stock | $ | 209 | $ | 609 | $ | 1,646 | $ | (49 | ) | ||||||||
Average common shares outstanding | 8,755,066 | 7,855,066 | 8,418,253 | 7,792,292 | |||||||||||||
Dilutive effect of outstanding stock-based awards and other potential common shares | 16,876 | - | 11,868 | - | |||||||||||||
Average common shares used for diluted EPS | 8,771,942 | 7,855,066 | 8,430,121 | 7,792,292 | |||||||||||||
Basic earnings (loss) per common share | $ | 0.02 | $ | 0.08 | $ | 0.2 | $ | (0.01 | ) | ||||||||
Diluted earnings (loss) per common share | $ | 0.02 | $ | 0.08 | $ | 0.2 | $ | (0.01 | ) |
Note_8_Fair_Value_Measurement_
Note 8 - Fair Value Measurement (Tables) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | ' | ||||||||||||||||||||||||
(in thousands) | Fair Value Measurements Using | ||||||||||||||||||||||||
30-Sep-13 | Level 1 | Level 2 | Level 3 | Total | |||||||||||||||||||||
Available for sale securities: | |||||||||||||||||||||||||
U.S. Government agencies | $ | - | $ | 18,564 | $ | - | $ | 18,564 | |||||||||||||||||
Residential mortgage-backed securities | - | 51,876 | - | 51,876 | |||||||||||||||||||||
Municipal securities | - | 15,141 | - | 15,141 | |||||||||||||||||||||
Corporate debt securities | - | 3,234 | - | 3,234 | |||||||||||||||||||||
Asset-backed securities | - | 19,103 | - | 19,103 | |||||||||||||||||||||
Total available-for-sale securities | - | 107,918 | - | 107,918 | |||||||||||||||||||||
Loans held for sale | - | - | 5,113 | 5,113 | |||||||||||||||||||||
Total net assets measured at fair value on a recurring basis | $ | - | $ | 107,918 | $ | 5,113 | $ | 113,031 | |||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
Available for sale securities: | |||||||||||||||||||||||||
U.S. Government agencies | $ | - | $ | 30,589 | $ | - | $ | 30,589 | |||||||||||||||||
Residential mortgage-backed securities | - | 61,660 | - | 61,660 | |||||||||||||||||||||
Municipal securities | - | 19,273 | - | 19,273 | |||||||||||||||||||||
Corporate debt securities | - | 2,996 | - | 2,996 | |||||||||||||||||||||
Asset-backed securities | - | 13,304 | - | 13,304 | |||||||||||||||||||||
Total available-for-sale securities | - | 127,822 | - | 127,822 | |||||||||||||||||||||
Loans held for sale | - | - | 1,548 | 1,548 | |||||||||||||||||||||
Total net assets measured at fair value on a recurring basis | $ | - | $ | 127,822 | $ | 1,548 | $ | 129,370 | |||||||||||||||||
30-Sep-12 | |||||||||||||||||||||||||
Available for sale securities: | |||||||||||||||||||||||||
U.S. Government agencies | $ | - | $ | 43,247 | $ | - | $ | 43,247 | |||||||||||||||||
Residential mortgage-backed securities | - | 70,479 | - | 70,479 | |||||||||||||||||||||
Municipal securities | - | 16,592 | - | 16,592 | |||||||||||||||||||||
Corporate debt securities | - | 3,024 | - | 3,024 | |||||||||||||||||||||
Asset-backed securities | - | 13,724 | - | 13,724 | |||||||||||||||||||||
Total available-for-sale securities | - | 147,066 | - | 147,066 | |||||||||||||||||||||
Loans held for sale | - | - | 3,490 | 3,490 | |||||||||||||||||||||
Warrant liability | - | - | (150 | ) | (150 | ) | |||||||||||||||||||
Total net assets measured at fair value on a recurring basis | $ | - | $ | 147,066 | $ | 3,340 | $ | 150,406 | |||||||||||||||||
Fair Value Measurements, Nonrecurring [Table Text Block] | ' | ||||||||||||||||||||||||
(in thousands) | Fair Value Measurements Using | Current | |||||||||||||||||||||||
Period | |||||||||||||||||||||||||
Gains | |||||||||||||||||||||||||
30-Sep-13 | Level 1 | Level 2 | Level 3 | Total | (Losses) | ||||||||||||||||||||
Financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Impaired loans, net of specific reserves-- | |||||||||||||||||||||||||
Commercial and industrial | $ | - | $ | - | $ | 1,979 | $ | 1,979 | $ | 21 | |||||||||||||||
Residential real estate | - | - | 833 | 833 | 199 | ||||||||||||||||||||
Commercial real estate - owner-occupied | - | - | 2,170 | 2,170 | (2 | ) | |||||||||||||||||||
Commercial real estate - non-owner-occupied | - | - | 826 | 826 | 36 | ||||||||||||||||||||
All other real estate | - | - | 16 | 16 | (2 | ) | |||||||||||||||||||
Construction and land development | - | - | 137 | 137 | (42 | ) | |||||||||||||||||||
Total impaired loans, net of charge-offs and specific reserves | $ | - | $ | - | $ | 5,961 | $ | 5,961 | $ | 210 | |||||||||||||||
Non-financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Other real estate owned | $ | - | $ | - | $ | 861 | $ | 861 | $ | 571 | |||||||||||||||
Fair Value Measurements Using | Full Year | ||||||||||||||||||||||||
Gains | |||||||||||||||||||||||||
31-Dec-12 | Level 1 | Level 2 | Level 3 | Total | (Losses) | ||||||||||||||||||||
Financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Impaired loans, net of specific reserves-- | |||||||||||||||||||||||||
Commercial and industrial | $ | - | $ | - | $ | 1,969 | $ | 1,969 | $ | 7 | |||||||||||||||
Residential real estate | - | - | 570 | 570 | (324 | ) | |||||||||||||||||||
Commercial real estate - owner-occupied | - | - | 2,232 | 2,232 | (20 | ) | |||||||||||||||||||
Commercial real estate - non-owner-occupied | - | - | 683 | 683 | (66 | ) | |||||||||||||||||||
All other real estate | - | - | 27 | 27 | (2 | ) | |||||||||||||||||||
Construction and land development | - | - | 452 | 452 | (96 | ) | |||||||||||||||||||
Total impaired loans, net of charge-offs and specific reserves | $ | - | $ | - | $ | 5,933 | $ | 5,933 | $ | (501 | ) | ||||||||||||||
Non-financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Other real estate owned | $ | - | $ | - | $ | 818 | $ | 818 | $ | (463 | ) | ||||||||||||||
Fair Value Measurements Using | Current | ||||||||||||||||||||||||
Period | |||||||||||||||||||||||||
Gains | |||||||||||||||||||||||||
30-Sep-12 | Level 1 | Level 2 | Level 3 | Total | (Losses) | ||||||||||||||||||||
Financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Impaired loans, net of specific reserves-- | |||||||||||||||||||||||||
Commercial and industrial | $ | - | $ | - | $ | 990 | $ | 990 | $ | (60 | ) | ||||||||||||||
Residential real estate | - | - | 684 | 684 | (213 | ) | |||||||||||||||||||
Commercial real estate - owner-occupied | - | - | 1,893 | 1,893 | - | ||||||||||||||||||||
Commercial real estate - non-owner-occupied | - | - | 686 | 686 | (79 | ) | |||||||||||||||||||
Construction and land development | - | - | 500 | 500 | (86 | ) | |||||||||||||||||||
Total impaired loans, net of charge-offs and specific reserves | $ | - | $ | - | $ | 4,753 | $ | 4,753 | $ | (438 | ) | ||||||||||||||
Non-financial assets measured at fair value on a non-recurring basis: | |||||||||||||||||||||||||
Other real estate owned | $ | - | $ | - | $ | 1,463 | $ | 1,463 | $ | (458 | ) | ||||||||||||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | ' | ||||||||||||||||||||||||
(in thousands) | Level 3 Securities Available for Sale, Loans Held for Sale and Warrant Liability | ||||||||||||||||||||||||
Nine Months Ended September 30 | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Balance at beginning of year | $ | 1,548 | $ | (1,464 | ) | ||||||||||||||||||||
Net increase (decrease) in Gov't guaranteed loans held for sale | 4,099 | (115 | ) | ||||||||||||||||||||||
Loans held for sale transfered into Level 3 | - | 4,283 | |||||||||||||||||||||||
Settlements - principal reductions in loans held for sale | (848 | ) | (1,857 | ) | |||||||||||||||||||||
Loan participations sold to related party | - | (1,952 | ) | ||||||||||||||||||||||
Loans held for sale transferred to other real estate owned | - | (589 | ) | ||||||||||||||||||||||
Reduction in loans held for sale valuation reserve | 314 | - | |||||||||||||||||||||||
Cancellation of warrants accounted for as liabilities | - | 5,116 | |||||||||||||||||||||||
Changes in fair value of warrant liability | - | 68 | |||||||||||||||||||||||
Balance at end of period | $ | 5,113 | $ | 3,490 | |||||||||||||||||||||
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block] | ' | ||||||||||||||||||||||||
(in thousands) | 30-Sep-13 | 31-Dec-12 | 30-Sep-12 | ||||||||||||||||||||||
Carrying Value | Fair Value | Carrying Value | Fair Value | Carrying Value | Fair Value | ||||||||||||||||||||
Financial Assets: | |||||||||||||||||||||||||
Cash and due from banks | $ | 22,423 | $ | 22,423 | $ | 25,635 | $ | 25,635 | $ | 21,197 | $ | 21,197 | |||||||||||||
Interest-bearing deposits in other banks | 1,979 | 1,979 | 3,706 | 3,706 | 5,176 | 5,176 | |||||||||||||||||||
Investment securities | 107,918 | 107,918 | 127,822 | 127,822 | 147,066 | 147,066 | |||||||||||||||||||
Loans held for sale | 5,113 | 5,113 | 1,548 | 1,548 | 3,490 | 3,490 | |||||||||||||||||||
Loans, net of allowance for loan and lease losses | 268,035 | 267,015 | 239,499 | 244,979 | 229,437 | 225,338 | |||||||||||||||||||
Federal Home Loan Bank stock and other investments | 6,974 | 6,974 | 6,822 | 6,822 | 6,699 | 6,699 | |||||||||||||||||||
Accrued interest receivable | 1,217 | 1,217 | 1,361 | 1,361 | 1,353 | 1,353 | |||||||||||||||||||
Financial Liabilities: | |||||||||||||||||||||||||
Deposits | 388,812 | 389,228 | 387,268 | 387,589 | 389,408 | 389,641 | |||||||||||||||||||
Other borrowings | 6,000 | 5,506 | - | - | 3,800 | 3,800 | |||||||||||||||||||
Junior subordinated debt securities | 5,688 | 4,634 | 5,604 | 4,607 | 5,576 | 4,188 | |||||||||||||||||||
Accrued interest payable | 128 | 128 | 111 | 111 | 140 | 140 | |||||||||||||||||||
Note_1_Basis_of_Presentation_a1
Note 1 - Basis of Presentation and Management Representations (Details) | Sep. 30, 2013 |
Disclosure Text Block [Abstract] | ' |
Number of Branches | 5 |
Note_2_Stock_Based_Compensatio2
Note 2 - Stock Based Compensation Plans (Details) (USD $) | 9 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2012 | |
Note 2 - Stock Based Compensation Plans (Details) [Line Items] | ' | ' |
Share-based Compensation | $103,000 | $109,000 |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | 201,000 | ' |
Pre-Tax (Member) | ' | ' |
Note 2 - Stock Based Compensation Plans (Details) [Line Items] | ' | ' |
Share-based Compensation | $103,000 | $109,000 |
Note_2_Stock_Based_Compensatio3
Note 2 - Stock Based Compensation Plans (Details) - Unrecognized Compensation Expense (USD $) | Sep. 30, 2013 |
Unrecognized Compensation Expense [Abstract] | ' |
October 1 through December 31, 2013 | $16,000 |
2014 | 62,000 |
2015 | 62,000 |
2016 | 51,000 |
2017 | 10,000 |
Total unrecognized compensation cost | $201,000 |
Note_2_Stock_Based_Compensatio4
Note 2 - Stock Based Compensation Plans (Details) - Stock Option Activity (USD $) | 9 Months Ended |
Sep. 30, 2013 | |
Stock Option Activity [Abstract] | ' |
Outstanding at beginning of period | 456,900 |
Outstanding at beginning of period (in Dollars per share) | $6.12 |
Outstanding at end of period | 450,400 |
Outstanding at end of period (in Dollars per share) | $6.03 |
Outstanding at end of period | '8 years |
Options exercisable at end of period | 217,400 |
Options exercisable at end of period (in Dollars per share) | $7.12 |
Options exercisable at end of period | '7 years |
Options Vested or Expected to Vest | 450,400 |
Options Vested or Expected to Vest (in Dollars per share) | $6.03 |
Options Vested or Expected to Vest | '8 years |
Options granted | 0 |
Options exercised | 0 |
Options expired unexercised | 0 |
Options forfeited | -6,500 |
Options forfeited (in Dollars per share) | $12.88 |
Note_3_Investment_Securities_D
Note 3 - Investment Securities (Details) (USD $) | 9 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2012 | |
Note 3 - Investment Securities (Details) [Line Items] | ' | ' |
Available-for-sale Securities, Gross Realized Gains | $324,000 | $936,000 |
Available-for-sale Securities, Gross Realized Losses | 1,671,000 | 2,000 |
Proceeds from Sale of Available-for-sale Securities, Equity | 66,260,000 | 53,854,000 |
Public Deposits [Member] | ' | ' |
Note 3 - Investment Securities (Details) [Line Items] | ' | ' |
Available-for-sale Securities Pledged as Collateral | 24,638,000 | ' |
Borrowing Facilities of Federal Home Loan Bank of San Francisco [Member] | ' | ' |
Note 3 - Investment Securities (Details) [Line Items] | ' | ' |
Available-for-sale Securities Pledged as Collateral | 10,589,000 | ' |
Potential Intra-Day Overdrafts at the Federal Reserve Bank of San Francisco [Member] | ' | ' |
Note 3 - Investment Securities (Details) [Line Items] | ' | ' |
Available-for-sale Securities Pledged as Collateral | 4,460,000 | ' |
Standby Letter of Credit [Member] | ' | ' |
Note 3 - Investment Securities (Details) [Line Items] | ' | ' |
Available-for-sale Securities Pledged as Collateral | $1,484,000 | ' |
Unrealized Loss Position Less Than 12 Months [Member] | ' | ' |
Note 3 - Investment Securities (Details) [Line Items] | ' | ' |
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions | 69 | ' |
Unrealized Loss Position Greater Than 12 Months [Member] | ' | ' |
Note 3 - Investment Securities (Details) [Line Items] | ' | ' |
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year | 5 | ' |
Note_3_Investment_Securities_D1
Note 3 - Investment Securities (Details) - Amortized Cost and Approximate Fair Values of Investment Securities (USD $) | 9 Months Ended | 12 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 |
Note 3 - Investment Securities (Details) - Amortized Cost and Approximate Fair Values of Investment Securities [Line Items] | ' | ' | ' |
Available for sale securites - amortized cost | $109,811 | $144,772 | $126,021 |
Available for sale securities - unrealized gains | 327 | 2,371 | 1,994 |
Available for sale securities - unrealized losses | -2,220 | -77 | -193 |
Available for sale securities - fair value | 107,918 | 147,066 | 127,822 |
US Government Agencies Debt Securities [Member] | ' | ' | ' |
Note 3 - Investment Securities (Details) - Amortized Cost and Approximate Fair Values of Investment Securities [Line Items] | ' | ' | ' |
Available for sale securites - amortized cost | 18,944 | 42,686 | 30,007 |
Available for sale securities - unrealized gains | 83 | 561 | 589 |
Available for sale securities - unrealized losses | -463 | 0 | -7 |
Available for sale securities - fair value | 18,564 | 43,247 | 30,589 |
Residential Mortgage Backed Securities [Member] | ' | ' | ' |
Note 3 - Investment Securities (Details) - Amortized Cost and Approximate Fair Values of Investment Securities [Line Items] | ' | ' | ' |
Available for sale securites - amortized cost | 52,841 | 68,968 | 60,550 |
Available for sale securities - unrealized gains | 182 | 1,527 | 1,159 |
Available for sale securities - unrealized losses | -1,147 | -16 | -49 |
Available for sale securities - fair value | 51,876 | 70,479 | 61,660 |
US States and Political Subdivisions Debt Securities [Member] | ' | ' | ' |
Note 3 - Investment Securities (Details) - Amortized Cost and Approximate Fair Values of Investment Securities [Line Items] | ' | ' | ' |
Available for sale securites - amortized cost | 15,253 | 16,445 | 19,247 |
Available for sale securities - unrealized gains | 59 | 202 | 132 |
Available for sale securities - unrealized losses | -171 | -55 | -106 |
Available for sale securities - fair value | 15,141 | 16,592 | 19,273 |
Corporate Debt Securities [Member] | ' | ' | ' |
Note 3 - Investment Securities (Details) - Amortized Cost and Approximate Fair Values of Investment Securities [Line Items] | ' | ' | ' |
Available for sale securites - amortized cost | 3,250 | 3,026 | 3,015 |
Available for sale securities - unrealized gains | 3 | 4 | 2 |
Available for sale securities - unrealized losses | -19 | -6 | -21 |
Available for sale securities - fair value | 3,234 | 3,024 | 2,996 |
Asset-backed Securities [Member] | ' | ' | ' |
Note 3 - Investment Securities (Details) - Amortized Cost and Approximate Fair Values of Investment Securities [Line Items] | ' | ' | ' |
Available for sale securites - amortized cost | 19,523 | 13,647 | 13,202 |
Available for sale securities - unrealized gains | 0 | 77 | 112 |
Available for sale securities - unrealized losses | -420 | 0 | -10 |
Available for sale securities - fair value | $19,103 | $13,724 | $13,304 |
Note_3_Investment_Securities_D2
Note 3 - Investment Securities (Details) - Maturities of Investment Securities (USD $) | Sep. 30, 2013 |
In Thousands, unless otherwise specified | |
Amortized Cost [Member] | ' |
Note 3 - Investment Securities (Details) - Maturities of Investment Securities [Line Items] | ' |
Within one year | $241 |
Due in one year to five years | 7,104 |
Due in five years to ten years | 30,865 |
Due in greater than ten years | 71,601 |
109,811 | |
Fair Value [Member] | ' |
Note 3 - Investment Securities (Details) - Maturities of Investment Securities [Line Items] | ' |
Within one year | 241 |
Due in one year to five years | 7,068 |
Due in five years to ten years | 30,563 |
Due in greater than ten years | 70,046 |
$107,918 |
Note_3_Investment_Securities_D3
Note 3 - Investment Securities (Details) - Investment Securities in a Temporary Unrealized Loss Position (USD $) | 9 Months Ended | 12 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 |
Note 3 - Investment Securities (Details) - Investment Securities in a Temporary Unrealized Loss Position [Line Items] | ' | ' | ' |
Less than 12 Months - Fair Value | $88,889 | $16,581 | $27,931 |
Less than 12 Months - Unrealized Losses | 2,181 | 77 | 193 |
12 Months or Longer - Fair Value | 1,525 | 0 | 0 |
12 Months or Longer - Unrealized Losses | 39 | 0 | 0 |
Total - Fair Value | 90,414 | 16,581 | 27,931 |
Total - Unrealized Losses | 2,220 | 77 | 193 |
US Government Agencies Debt Securities [Member] | ' | ' | ' |
Note 3 - Investment Securities (Details) - Investment Securities in a Temporary Unrealized Loss Position [Line Items] | ' | ' | ' |
Less than 12 Months - Fair Value | 11,379 | 0 | 3,005 |
Less than 12 Months - Unrealized Losses | 463 | 0 | 7 |
12 Months or Longer - Fair Value | 0 | 0 | 0 |
12 Months or Longer - Unrealized Losses | 0 | 0 | 0 |
Total - Fair Value | 11,379 | 0 | 3,005 |
Total - Unrealized Losses | 463 | 0 | 7 |
Residential Mortgage Backed Securities [Member] | ' | ' | ' |
Note 3 - Investment Securities (Details) - Investment Securities in a Temporary Unrealized Loss Position [Line Items] | ' | ' | ' |
Less than 12 Months - Fair Value | 46,380 | 9,601 | 7,605 |
Less than 12 Months - Unrealized Losses | 1,147 | 16 | 49 |
12 Months or Longer - Fair Value | 0 | 0 | 0 |
12 Months or Longer - Unrealized Losses | 0 | 0 | 0 |
Total - Fair Value | 46,380 | 9,601 | 7,605 |
Total - Unrealized Losses | 1,147 | 16 | 49 |
US States and Political Subdivisions Debt Securities [Member] | ' | ' | ' |
Note 3 - Investment Securities (Details) - Investment Securities in a Temporary Unrealized Loss Position [Line Items] | ' | ' | ' |
Less than 12 Months - Fair Value | 9,797 | 4,986 | 12,168 |
Less than 12 Months - Unrealized Losses | 132 | 55 | 106 |
12 Months or Longer - Fair Value | 1,525 | 0 | 0 |
12 Months or Longer - Unrealized Losses | 39 | 0 | 0 |
Total - Fair Value | 11,322 | 4,986 | 12,168 |
Total - Unrealized Losses | 171 | 55 | 106 |
Corporate Debt Securities [Member] | ' | ' | ' |
Note 3 - Investment Securities (Details) - Investment Securities in a Temporary Unrealized Loss Position [Line Items] | ' | ' | ' |
Less than 12 Months - Fair Value | 2,231 | 1,994 | 1,979 |
Less than 12 Months - Unrealized Losses | 19 | 6 | 21 |
12 Months or Longer - Fair Value | 0 | 0 | 0 |
12 Months or Longer - Unrealized Losses | 0 | 0 | 0 |
Total - Fair Value | 2,231 | 1,994 | 1,979 |
Total - Unrealized Losses | 19 | 6 | 21 |
Asset-backed Securities [Member] | ' | ' | ' |
Note 3 - Investment Securities (Details) - Investment Securities in a Temporary Unrealized Loss Position [Line Items] | ' | ' | ' |
Less than 12 Months - Fair Value | 19,102 | 0 | 3,174 |
Less than 12 Months - Unrealized Losses | 420 | 0 | 10 |
12 Months or Longer - Fair Value | 0 | 0 | 0 |
12 Months or Longer - Unrealized Losses | 0 | 0 | 0 |
Total - Fair Value | 19,102 | 0 | 3,174 |
Total - Unrealized Losses | $420 | $0 | $10 |
Note_4_Loans_Details
Note 4 - Loans (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Note 4 - Loans (Details) [Line Items] | ' | ' |
Pledged Financial Instruments, Not Separately Reported, Loans Receivable Pledged as Collateral | $230,363,000 | $198,553,000 |
Included in Loans Held For Sale [Member] | ' | ' |
Note 4 - Loans (Details) [Line Items] | ' | ' |
Impaired Financing Receivable, Recorded Investment | $612,000 | ' |
Note_4_Loans_Details_Loans_by_
Note 4 - Loans (Details) - Loans by Type (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 |
In Thousands, unless otherwise specified | |||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' |
Financing receivable carrying amount (in Dollars) | $277,545 | $245,289 | $237,027 |
Financing receivable percentage of loan portfolio | 100.00% | 100.00% | 100.00% |
Construction and Land Development Loans [Member] | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' |
Financing receivable carrying amount (in Dollars) | 12,915 | 11,995 | 11,695 |
Financing receivable percentage of loan portfolio | 4.60% | 4.90% | 4.90% |
Commercial Real Estate Owner Occupied [Member] | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' |
Financing receivable carrying amount (in Dollars) | 72,425 | 72,036 | 69,410 |
Financing receivable percentage of loan portfolio | 26.10% | 29.40% | 29.30% |
Commercial Real Estate Non Owner Occupied [Member] | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' |
Financing receivable carrying amount (in Dollars) | 69,080 | 69,145 | 75,020 |
Financing receivable percentage of loan portfolio | 24.90% | 28.20% | 31.70% |
Residential Real Estate Loans [Member] | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' |
Financing receivable carrying amount (in Dollars) | 42,227 | 31,501 | 32,120 |
Financing receivable percentage of loan portfolio | 15.20% | 12.80% | 13.60% |
All Other Real Estate Loans [Member] | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' |
Financing receivable carrying amount (in Dollars) | 19,775 | 8,299 | 7,764 |
Financing receivable percentage of loan portfolio | 7.10% | 3.40% | 3.30% |
Commercial and Industrial Loans [Member] | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' |
Financing receivable carrying amount (in Dollars) | 38,996 | 33,580 | 32,826 |
Financing receivable percentage of loan portfolio | 14.10% | 13.70% | 13.80% |
Agricultural Loans [Member] | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' |
Financing receivable carrying amount (in Dollars) | 11,638 | 14,252 | 3,369 |
Financing receivable percentage of loan portfolio | 4.20% | 5.80% | 1.40% |
Municipal Loans [Member] | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' |
Financing receivable carrying amount (in Dollars) | 2,293 | 2,347 | 2,352 |
Financing receivable percentage of loan portfolio | 0.80% | 1.00% | 1.00% |
Finance Leases Financing Receivable [Member] | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' |
Financing receivable carrying amount (in Dollars) | 793 | 1,057 | 1,277 |
Financing receivable percentage of loan portfolio | 0.30% | 0.40% | 0.50% |
Consumer Other Financing Receivable [Member] | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' |
Financing receivable carrying amount (in Dollars) | $7,403 | $1,077 | $1,194 |
Financing receivable percentage of loan portfolio | 2.70% | 0.40% | 0.50% |
Note_4_Loans_Details_Loans_Hel
Note 4 - Loans (Details) - Loans Held for Sale (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | |||
In Thousands, unless otherwise specified | ||||||
Note 4 - Loans (Details) - Loans Held for Sale [Line Items] | ' | ' | ' | |||
Loans Held for Sale (in Dollars) | $5,113 | [1] | $1,548 | [1] | $3,490 | [1] |
% of Total Loans | 1.80% | [1] | 0.60% | [1] | 1.50% | [1] |
Commercial and Industrial Loans [Member] | ' | ' | ' | |||
Note 4 - Loans (Details) - Loans Held for Sale [Line Items] | ' | ' | ' | |||
Loans Held for Sale (in Dollars) | 292 | [1] | 346 | [1] | 278 | [1] |
% of Total Loans | 0.10% | [1] | 0.10% | [1] | 0.10% | [1] |
Real Estate Loans [Member] | ' | ' | ' | |||
Note 4 - Loans (Details) - Loans Held for Sale [Line Items] | ' | ' | ' | |||
Loans Held for Sale (in Dollars) | 4,821 | [1] | 1,202 | [1] | 1,656 | [1] |
% of Total Loans | 1.70% | [1] | 0.50% | [1] | 0.70% | [1] |
Construction and Land Development Loans [Member] | ' | ' | ' | |||
Note 4 - Loans (Details) - Loans Held for Sale [Line Items] | ' | ' | ' | |||
Loans Held for Sale (in Dollars) | $0 | [1] | $0 | [1] | $1,556 | [1] |
% of Total Loans | 0.00% | [1] | 0.00% | [1] | 0.70% | [1] |
[1] | Consists of all loans held at Mission Asset Management, Inc. and SBA-guaranteed loans held for sale at Mission Community Bank |
Note_5_Credit_Quality_and_the_2
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Details) (USD $) | 9 Months Ended | |
Sep. 30, 2012 | Sep. 30, 2013 | |
Modified in Current Reporting Period [Member] | ||
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Details) [Line Items] | ' | ' |
Financing Receivable, Modifications, Number of Contracts | 10 | 14 |
Financing Receivable, Modifications, Recorded Investment (in Dollars) | $1,153,000 | $2,201,000 |
Note_5_Credit_Quality_and_the_3
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Details) - Changes in the Allowance for Loan and Lease Losses (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Changes in the Allowance for Loan and Lease Losses [Abstract] | ' | ' | ' | ' |
Balance at beginning of period | $4,232 | $3,781 | $4,242 | $3,326 |
Provision for loan and lease losses charged to expense | 210 | 225 | 310 | 675 |
Loans charged off | -68 | -22 | -261 | -144 |
Recoveries on loans previously charged off | 23 | 116 | 106 | 243 |
Balance at end of period | $4,397 | $4,100 | $4,397 | $4,100 |
Note_5_Credit_Quality_and_the_4
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Details) - Changes in the Allowance for Loan and Lease Losses by Portfolio Segment (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | ||||||||||||||||||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Construction and Land Development Loans [Member] | Construction and Land Development Loans [Member] | Construction and Land Development Loans [Member] | Construction and Land Development Loans [Member] | Commercial Real Estate Owner Occupied [Member] | Commercial Real Estate Owner Occupied [Member] | Commercial Real Estate Owner Occupied [Member] | Commercial Real Estate Owner Occupied [Member] | Commercial Real Estate Non Owner Occupied [Member] | Commercial Real Estate Non Owner Occupied [Member] | Commercial Real Estate Non Owner Occupied [Member] | Commercial Real Estate Non Owner Occupied [Member] | Residential Real Estate Loans [Member] | Residential Real Estate Loans [Member] | Residential Real Estate Loans [Member] | Residential Real Estate Loans [Member] | All Other Real Estate Loans [Member] | All Other Real Estate Loans [Member] | All Other Real Estate Loans [Member] | All Other Real Estate Loans [Member] | Commercial and Industrial Loans [Member] | Commercial and Industrial Loans [Member] | Commercial and Industrial Loans [Member] | Commercial and Industrial Loans [Member] | Consumer and All Other Loans and Lease Financing [Member] | Consumer and All Other Loans and Lease Financing [Member] | Consumer and All Other Loans and Lease Financing [Member] | Consumer and All Other Loans and Lease Financing [Member] | Unallocated [Member] | Unallocated [Member] | Unallocated [Member] | Unallocated [Member] | Total [Member] | Total [Member] | Total [Member] | Total [Member] | |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Allowance for Loan Losses Beginning Balance | $427 | $366 | $321 | $157 | $345 | $505 | $463 | $253 | $637 | $883 | $730 | $675 | $1,001 | $658 | $906 | $640 | $89 | $6 | $35 | $4 | $1,497 | $1,197 | $1,735 | $1,363 | $104 | $134 | $51 | $124 | $132 | $32 | $1 | $110 | $4,232 | $3,781 | $4,242 | $3,326 |
Provision for Loans Losses Charged (Credited) to Expense | 81 | -97 | 187 | 112 | 148 | 85 | 30 | 335 | -7 | 73 | -100 | 281 | -160 | 154 | 47 | 172 | 14 | 33 | 68 | 35 | -21 | 70 | -315 | -70 | 47 | -76 | 154 | -95 | 108 | -17 | 239 | -95 | 210 | 225 | 310 | 675 |
Less Loans Charged Off | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -117 | ' | ' | ' | ' | ' | -60 | ' | -82 | -101 | -8 | -22 | -62 | -43 | ' | ' | ' | ' | -68 | -22 | -261 | -144 |
Plus Recoveries on Loans Previously Charged Off | ' | ' | ' | ' | 2 | 28 | 2 | 30 | ' | ' | ' | ' | 9 | ' | 14 | ' | ' | ' | ' | ' | 12 | 13 | 90 | 88 | ' | 75 | ' | 125 | ' | ' | ' | ' | 23 | 116 | 106 | 243 |
Allowance for Loan Losses Ending Balance | $508 | $269 | $508 | $269 | $495 | $618 | $495 | $618 | $630 | $956 | $630 | $956 | $850 | $812 | $850 | $812 | $103 | $39 | $103 | $39 | $1,428 | $1,280 | $1,428 | $1,280 | $143 | $111 | $143 | $111 | $240 | $15 | $240 | $15 | $4,397 | $4,100 | $4,397 | $4,100 |
Note_5_Credit_Quality_and_the_5
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Details) - Companybs Loan Portfolio Allocated by Management's Internal Risk Ratings (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 |
In Thousands, unless otherwise specified | |||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | $272,432 | $243,741 | $233,537 |
Construction and Land Development Loans [Member] | Pass [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 12,045 | 11,440 | 9,455 |
Construction and Land Development Loans [Member] | Special Mention [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | ' | ' | 100 |
Construction and Land Development Loans [Member] | Substandard [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 951 | 555 | 585 |
Construction and Land Development Loans [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 12,996 | 11,995 | 10,140 |
Commercial Real Estate Owner Occupied [Member] | Pass [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 66,698 | 65,132 | 62,593 |
Commercial Real Estate Owner Occupied [Member] | Substandard [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 5,143 | 5,896 | 5,831 |
Commercial Real Estate Owner Occupied [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 71,841 | 71,028 | 68,424 |
Commercial Real Estate Non Owner Occupied [Member] | Pass [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 68,407 | 66,799 | 71,595 |
Commercial Real Estate Non Owner Occupied [Member] | Special Mention [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | ' | 1,396 | 2,409 |
Commercial Real Estate Non Owner Occupied [Member] | Substandard [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 1,236 | 1,166 | 1,178 |
Commercial Real Estate Non Owner Occupied [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 69,643 | 69,361 | 75,182 |
Residential Real Estate Loans [Member] | Pass [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 40,605 | 28,588 | 28,621 |
Residential Real Estate Loans [Member] | Special Mention [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 85 | ' | ' |
Residential Real Estate Loans [Member] | Substandard [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 630 | 2,268 | 2,284 |
Residential Real Estate Loans [Member] | Doubtful [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 182 | 185 | 185 |
Residential Real Estate Loans [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 41,502 | 31,041 | 31,090 |
All Other Real Estate Loans [Member] | Pass [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 19,782 | 8,319 | 7,732 |
All Other Real Estate Loans [Member] | Substandard [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 20 | 29 | 32 |
All Other Real Estate Loans [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 19,802 | 8,348 | 7,764 |
Commercial and Industrial Loans [Member] | Pass [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 45,285 | 44,921 | 34,122 |
Commercial and Industrial Loans [Member] | Special Mention [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 57 | 161 | 324 |
Commercial and Industrial Loans [Member] | Substandard [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 3,177 | 4,272 | 3,765 |
Commercial and Industrial Loans [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 48,519 | 49,354 | 38,211 |
Consumer and All Other Loans and Lease Financing [Member] | Pass [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 8,129 | 2,614 | 2,726 |
Consumer and All Other Loans and Lease Financing [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 8,129 | 2,614 | 2,726 |
Pass [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 260,951 | 227,813 | 216,844 |
Special Mention [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 142 | 1,557 | 2,833 |
Substandard [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | 11,157 | 14,186 | 13,675 |
Doubtful [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ' |
Financing Receivable | $182 | $185 | $185 |
Note_5_Credit_Quality_and_the_6
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Details) - Aging Analysis of the Loan Portfolio (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 |
Recorded Balance of Loans Past Due: | ' | ' | ' |
Total Loans | $272,432,000 | $243,741,000 | $233,537,000 |
Accruing Troubled Debt Restructurings | ' | ' | 1,153,000 |
Construction and Land Development Loans [Member] | ' | ' | ' |
Recorded Balance of Loans Past Due: | ' | ' | ' |
30-59 Days | 121,000 | ' | ' |
60-89 Days | ' | ' | 268,000 |
Total Past Due | 121,000 | ' | 268,000 |
Loans in Current Payment Status | 12,875,000 | 11,995,000 | 9,872,000 |
Total Loans | 12,996,000 | 11,995,000 | 10,140,000 |
Loans 90+ Days Past Due and Accruing1 | 0 | 0 | ' |
Accruing Troubled Debt Restructurings | 0 | 0 | ' |
Loans in Non-accrual Status | 731,000 | 555,000 | 317,000 |
Commercial Real Estate Owner Occupied [Member] | ' | ' | ' |
Recorded Balance of Loans Past Due: | ' | ' | ' |
30-59 Days | 116,000 | 55,000 | 59,000 |
60-89 Days | 1,073,000 | 916,000 | 1,000,000 |
90+ Days | 650,000 | 820,000 | 771,000 |
Total Past Due | 1,839,000 | 1,791,000 | 1,830,000 |
Loans in Current Payment Status | 70,002,000 | 69,237,000 | 66,594,000 |
Total Loans | 71,841,000 | 71,028,000 | 68,424,000 |
Loans 90+ Days Past Due and Accruing1 | 0 | 0 | ' |
Accruing Troubled Debt Restructurings | ' | 13,000 | ' |
Loans in Non-accrual Status | 1,219,000 | 3,779,000 | 2,267,000 |
Commercial Real Estate Non Owner Occupied [Member] | ' | ' | ' |
Recorded Balance of Loans Past Due: | ' | ' | ' |
Loans in Current Payment Status | 69,643,000 | 69,361,000 | 75,182,000 |
Total Loans | 69,643,000 | 69,361,000 | 75,182,000 |
Loans 90+ Days Past Due and Accruing1 | 0 | 0 | ' |
Accruing Troubled Debt Restructurings | 0 | 0 | ' |
Loans in Non-accrual Status | 3,547,000 | 845,000 | 866,000 |
Residential Real Estate Loans [Member] | ' | ' | ' |
Recorded Balance of Loans Past Due: | ' | ' | ' |
30-59 Days | ' | 325,000 | 158,000 |
90+ Days | 241,000 | 343,000 | 185,000 |
Total Past Due | 241,000 | 668,000 | 343,000 |
Loans in Current Payment Status | 41,261,000 | 30,373,000 | 30,747,000 |
Total Loans | 41,502,000 | 31,041,000 | 31,090,000 |
Loans 90+ Days Past Due and Accruing1 | 0 | 0 | ' |
Accruing Troubled Debt Restructurings | 702,000 | 709,000 | ' |
Loans in Non-accrual Status | 756,000 | 842,000 | 851,000 |
All Other Real Estate Loans [Member] | ' | ' | ' |
Recorded Balance of Loans Past Due: | ' | ' | ' |
Loans in Current Payment Status | 19,802,000 | 8,348,000 | 7,764,000 |
Total Loans | 19,802,000 | 8,348,000 | 7,764,000 |
Loans 90+ Days Past Due and Accruing1 | 0 | 0 | ' |
Accruing Troubled Debt Restructurings | 0 | 0 | ' |
Loans in Non-accrual Status | 20,000 | 29,000 | 32,000 |
Commercial and Industrial Loans [Member] | ' | ' | ' |
Recorded Balance of Loans Past Due: | ' | ' | ' |
30-59 Days | 182,000 | 620,000 | 427,000 |
60-89 Days | 62,000 | 44,000 | 57,000 |
90+ Days | 149,000 | 227,000 | 265,000 |
Total Past Due | 393,000 | 891,000 | 749,000 |
Loans in Current Payment Status | 48,126,000 | 48,463,000 | 37,462,000 |
Total Loans | 48,519,000 | 49,354,000 | 38,211,000 |
Loans 90+ Days Past Due and Accruing1 | ' | 0 | 120,000 |
Accruing Troubled Debt Restructurings | ' | 0 | 711,000 |
Loans in Non-accrual Status | 2,470,000 | 3,018,000 | 1,608,000 |
Consumer and All Other Loans and Lease Financing [Member] | ' | ' | ' |
Recorded Balance of Loans Past Due: | ' | ' | ' |
30-59 Days | ' | 69,000 | 174,000 |
Total Past Due | ' | 69,000 | 174,000 |
Loans in Current Payment Status | 8,129,000 | 2,545,000 | 2,552,000 |
Total Loans | 8,129,000 | 2,614,000 | 2,726,000 |
Loans 90+ Days Past Due and Accruing1 | ' | 0 | 7,000 |
Accruing Troubled Debt Restructurings | 0 | 0 | ' |
Total [Member] | ' | ' | ' |
Recorded Balance of Loans Past Due: | ' | ' | ' |
30-59 Days | 419,000 | 1,069,000 | 818,000 |
60-89 Days | 1,135,000 | 960,000 | 1,325,000 |
90+ Days | 1,040,000 | 1,390,000 | 1,221,000 |
Total Past Due | 2,594,000 | 3,419,000 | 3,364,000 |
Loans in Current Payment Status | 269,838,000 | 240,322,000 | 230,173,000 |
Total Loans | 272,432,000 | 243,741,000 | 233,537,000 |
Loans 90+ Days Past Due and Accruing1 | ' | 0 | 127,000 |
Accruing Troubled Debt Restructurings | 702,000 | 722,000 | 711,000 |
Loans in Non-accrual Status | $8,743,000 | $9,068,000 | $5,941,000 |
Note_5_Credit_Quality_and_the_7
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Details) - Impaired Loans (USD $) | 9 Months Ended | 12 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | ' | ' | $0 |
Total Loans Held for Investment | 277,545 | 237,027 | 245,289 |
Recorded Investment [Member] | Impaired Loans With An Allowance Recorded (Member) | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With an Allowance Recorded | 275 | 214 | 385 |
Recorded Investment [Member] | Impaired Loans With An Allowance Recorded (Member) | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With an Allowance Recorded | 928 | ' | 686 |
Recorded Investment [Member] | Impaired Loans With An Allowance Recorded (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With an Allowance Recorded | 701 | 765 | 749 |
Recorded Investment [Member] | Impaired Loans With An Allowance Recorded (Member) | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With an Allowance Recorded | 182 | 897 | 894 |
Recorded Investment [Member] | Impaired Loans With An Allowance Recorded (Member) | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With an Allowance Recorded | 20 | 0 | 29 |
Recorded Investment [Member] | Impaired Loans With An Allowance Recorded (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With an Allowance Recorded | 818 | 293 | 1,354 |
Recorded Investment [Member] | Impaired Loans With An Allowance Recorded (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With an Allowance Recorded | 0 | 0 | 0 |
Recorded Investment [Member] | Impaired Loans With An Allowance Recorded (Member) | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With an Allowance Recorded | 2,924 | 2,169 | 4,097 |
Recorded Investment [Member] | Impaired Loans With No Allowance Recorded (Member) | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 372 | 170 |
Recorded Investment [Member] | Impaired Loans With No Allowance Recorded (Member) | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 1,359 | 1,893 | 1,599 |
Recorded Investment [Member] | Impaired Loans With No Allowance Recorded (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 155 | 0 | 0 |
Recorded Investment [Member] | Impaired Loans With No Allowance Recorded (Member) | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 777 | 0 | 0 |
Recorded Investment [Member] | Impaired Loans With No Allowance Recorded (Member) | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 0 | 0 |
Recorded Investment [Member] | Impaired Loans With No Allowance Recorded (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 1,391 | 823 | 1,298 |
Recorded Investment [Member] | Impaired Loans With No Allowance Recorded (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 0 | 0 |
Recorded Investment [Member] | Impaired Loans With No Allowance Recorded (Member) | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 3,682 | 3,088 | 3,067 |
Recorded Investment [Member] | Individually Evaluated for Impairment [Member] | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 275 | 586 | 555 |
Recorded Investment [Member] | Individually Evaluated for Impairment [Member] | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 2,287 | 1,893 | 2,285 |
Recorded Investment [Member] | Individually Evaluated for Impairment [Member] | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 856 | 765 | 749 |
Recorded Investment [Member] | Individually Evaluated for Impairment [Member] | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 959 | 897 | 894 |
Recorded Investment [Member] | Individually Evaluated for Impairment [Member] | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 20 | 0 | 29 |
Recorded Investment [Member] | Individually Evaluated for Impairment [Member] | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 2,209 | 1,116 | 2,652 |
Recorded Investment [Member] | Individually Evaluated for Impairment [Member] | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 0 | 0 | 0 |
Recorded Investment [Member] | Individually Evaluated for Impairment [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 6,606 | 5,257 | 7,164 |
Recorded Investment [Member] | Collectively Evaluated for Impairment [Member] | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 10,709 | 7,079 | 8,985 |
Loans Collectively Evaluated For Impairment | 10,709 | 7,079 | 8,985 |
Recorded Investment [Member] | Collectively Evaluated for Impairment [Member] | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 54,217 | 49,524 | 51,837 |
Loans Collectively Evaluated For Impairment | 54,217 | 49,524 | 51,837 |
Recorded Investment [Member] | Collectively Evaluated for Impairment [Member] | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 57,186 | 62,865 | 57,058 |
Loans Collectively Evaluated For Impairment | 57,186 | 62,865 | 57,058 |
Recorded Investment [Member] | Collectively Evaluated for Impairment [Member] | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 38,425 | 25,655 | 25,613 |
Loans Collectively Evaluated For Impairment | 38,425 | 25,655 | 25,613 |
Recorded Investment [Member] | Collectively Evaluated for Impairment [Member] | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 19,782 | 7,764 | 8,319 |
Loans Collectively Evaluated For Impairment | 19,782 | 7,764 | 8,319 |
Recorded Investment [Member] | Collectively Evaluated for Impairment [Member] | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 45,738 | 35,964 | 45,735 |
Loans Collectively Evaluated For Impairment | 45,738 | 35,964 | 45,735 |
Recorded Investment [Member] | Collectively Evaluated for Impairment [Member] | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 7,954 | 2,543 | 2,435 |
Loans Collectively Evaluated For Impairment | 7,954 | 2,543 | 2,435 |
Recorded Investment [Member] | Collectively Evaluated for Impairment [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 234,011 | 191,394 | 199,982 |
Loans Collectively Evaluated For Impairment | 234,011 | 191,394 | 199,982 |
Recorded Investment [Member] | Acquired with Deteriorated Credit Quality [Member] | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 2,012 | 2,475 | 2,455 |
Recorded Investment [Member] | Acquired with Deteriorated Credit Quality [Member] | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 15,337 | 17,007 | 16,906 |
Recorded Investment [Member] | Acquired with Deteriorated Credit Quality [Member] | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 11,601 | 11,552 | 11,554 |
Recorded Investment [Member] | Acquired with Deteriorated Credit Quality [Member] | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 2,118 | 4,538 | 4,534 |
Recorded Investment [Member] | Acquired with Deteriorated Credit Quality [Member] | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 0 | 0 | 0 |
Recorded Investment [Member] | Acquired with Deteriorated Credit Quality [Member] | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 572 | 1,131 | 967 |
Recorded Investment [Member] | Acquired with Deteriorated Credit Quality [Member] | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 175 | 183 | 179 |
Recorded Investment [Member] | Acquired with Deteriorated Credit Quality [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 31,815 | 36,886 | 36,595 |
Recorded Investment [Member] | Loans Held for Investment (Member) | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 12,996 | 10,140 | 11,995 |
Recorded Investment [Member] | Loans Held for Investment (Member) | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 71,841 | 68,424 | 71,028 |
Recorded Investment [Member] | Loans Held for Investment (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 69,643 | 75,182 | 69,361 |
Recorded Investment [Member] | Loans Held for Investment (Member) | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 41,502 | 31,090 | 31,041 |
Recorded Investment [Member] | Loans Held for Investment (Member) | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 19,802 | 7,764 | 8,348 |
Recorded Investment [Member] | Loans Held for Investment (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 48,519 | 38,211 | 49,354 |
Recorded Investment [Member] | Loans Held for Investment (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 8,129 | 2,726 | 2,614 |
Recorded Investment [Member] | Loans Held for Investment (Member) | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 272,432 | 233,537 | 243,741 |
Unpaid Principal Balance [Member] | Impaired Loans With An Allowance Recorded (Member) | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 302 | 223 | 404 |
Unpaid Principal Balance [Member] | Impaired Loans With An Allowance Recorded (Member) | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 1,040 | 0 | 731 |
Unpaid Principal Balance [Member] | Impaired Loans With An Allowance Recorded (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 755 | 765 | 763 |
Unpaid Principal Balance [Member] | Impaired Loans With An Allowance Recorded (Member) | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 197 | 901 | 899 |
Unpaid Principal Balance [Member] | Impaired Loans With An Allowance Recorded (Member) | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 23 | 0 | 30 |
Unpaid Principal Balance [Member] | Impaired Loans With An Allowance Recorded (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 1,321 | 120 | 2,040 |
Unpaid Principal Balance [Member] | Impaired Loans With An Allowance Recorded (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 0 | 0 | 0 |
Unpaid Principal Balance [Member] | Impaired Loans With An Allowance Recorded (Member) | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 3,638 | 2,009 | 4,867 |
Unpaid Principal Balance [Member] | Impaired Loans With No Allowance Recorded (Member) | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 378 | 177 |
Unpaid Principal Balance [Member] | Impaired Loans With No Allowance Recorded (Member) | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 1,542 | 2,025 | 1,745 |
Unpaid Principal Balance [Member] | Impaired Loans With No Allowance Recorded (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 175 | 0 | 0 |
Unpaid Principal Balance [Member] | Impaired Loans With No Allowance Recorded (Member) | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 802 | 0 | 0 |
Unpaid Principal Balance [Member] | Impaired Loans With No Allowance Recorded (Member) | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 0 | 0 |
Unpaid Principal Balance [Member] | Impaired Loans With No Allowance Recorded (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 1,950 | 817 | 1,427 |
Unpaid Principal Balance [Member] | Impaired Loans With No Allowance Recorded (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 0 | 0 |
Unpaid Principal Balance [Member] | Impaired Loans With No Allowance Recorded (Member) | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 4,469 | 3,220 | 3,349 |
Unpaid Principal Balance [Member] | Individually Evaluated for Impairment [Member] | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 302 | 601 | 581 |
Unpaid Principal Balance [Member] | Individually Evaluated for Impairment [Member] | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 2,582 | 2,025 | 2,476 |
Unpaid Principal Balance [Member] | Individually Evaluated for Impairment [Member] | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 930 | 765 | 763 |
Unpaid Principal Balance [Member] | Individually Evaluated for Impairment [Member] | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 999 | 901 | 899 |
Unpaid Principal Balance [Member] | Individually Evaluated for Impairment [Member] | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 23 | 0 | 30 |
Unpaid Principal Balance [Member] | Individually Evaluated for Impairment [Member] | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 3,271 | 937 | 3,467 |
Unpaid Principal Balance [Member] | Individually Evaluated for Impairment [Member] | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 0 | 0 | 0 |
Unpaid Principal Balance [Member] | Individually Evaluated for Impairment [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 8,107 | 5,229 | 8,216 |
Unpaid Principal Balance [Member] | Collectively Evaluated for Impairment [Member] | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 10,709 | 7,079 | 8,985 |
Loans Collectively Evaluated For Impairment | 10,709 | 7,079 | 8,985 |
Unpaid Principal Balance [Member] | Collectively Evaluated for Impairment [Member] | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 54,217 | 49,524 | 51,837 |
Loans Collectively Evaluated For Impairment | 54,217 | 49,524 | 51,837 |
Unpaid Principal Balance [Member] | Collectively Evaluated for Impairment [Member] | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 57,186 | 62,865 | 57,058 |
Loans Collectively Evaluated For Impairment | 57,186 | 62,865 | 57,058 |
Unpaid Principal Balance [Member] | Collectively Evaluated for Impairment [Member] | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 38,425 | 25,655 | 25,613 |
Loans Collectively Evaluated For Impairment | 38,425 | 25,655 | 25,613 |
Unpaid Principal Balance [Member] | Collectively Evaluated for Impairment [Member] | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 19,782 | 7,764 | 8,319 |
Loans Collectively Evaluated For Impairment | 19,782 | 7,764 | 8,319 |
Unpaid Principal Balance [Member] | Collectively Evaluated for Impairment [Member] | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 45,738 | 35,964 | 45,735 |
Loans Collectively Evaluated For Impairment | 45,738 | 35,964 | 45,735 |
Unpaid Principal Balance [Member] | Collectively Evaluated for Impairment [Member] | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 7,954 | 2,543 | 2,435 |
Loans Collectively Evaluated For Impairment | 7,954 | 2,543 | 2,435 |
Unpaid Principal Balance [Member] | Collectively Evaluated for Impairment [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 234,011 | 191,394 | 199,982 |
Loans Collectively Evaluated For Impairment | 234,011 | 191,394 | 199,982 |
Unpaid Principal Balance [Member] | Acquired with Deteriorated Credit Quality [Member] | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 2,238 | 6,288 | 6,264 |
Unpaid Principal Balance [Member] | Acquired with Deteriorated Credit Quality [Member] | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 16,840 | 18,749 | 18,575 |
Unpaid Principal Balance [Member] | Acquired with Deteriorated Credit Quality [Member] | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 12,546 | 13,251 | 13,184 |
Unpaid Principal Balance [Member] | Acquired with Deteriorated Credit Quality [Member] | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 2,550 | 6,498 | 6,468 |
Unpaid Principal Balance [Member] | Acquired with Deteriorated Credit Quality [Member] | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 0 | 0 | 0 |
Unpaid Principal Balance [Member] | Acquired with Deteriorated Credit Quality [Member] | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 1,505 | 2,914 | 2,489 |
Unpaid Principal Balance [Member] | Acquired with Deteriorated Credit Quality [Member] | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 178 | 187 | 183 |
Unpaid Principal Balance [Member] | Acquired with Deteriorated Credit Quality [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 35,857 | 47,887 | 47,163 |
Unpaid Principal Balance [Member] | Loans Held for Investment (Member) | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 13,249 | 113,968 | 15,830 |
Unpaid Principal Balance [Member] | Loans Held for Investment (Member) | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 73,639 | 70,298 | 72,888 |
Unpaid Principal Balance [Member] | Loans Held for Investment (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 70,662 | 76,881 | 71,005 |
Unpaid Principal Balance [Member] | Loans Held for Investment (Member) | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 41,974 | 33,054 | 32,980 |
Unpaid Principal Balance [Member] | Loans Held for Investment (Member) | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 19,805 | 7,764 | 8,349 |
Unpaid Principal Balance [Member] | Loans Held for Investment (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 50,514 | 39,815 | 51,691 |
Unpaid Principal Balance [Member] | Loans Held for Investment (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 8,132 | 2,730 | 2,618 |
Unpaid Principal Balance [Member] | Loans Held for Investment (Member) | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 277,975 | 244,510 | 255,361 |
Related Allowance for Loan and Lease Losses (Member) | Impaired Loans With An Allowance Recorded (Member) | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 138 | 86 | 103 |
Related Allowance for Loan and Lease Losses (Member) | Impaired Loans With An Allowance Recorded (Member) | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 117 | 0 | 53 |
Related Allowance for Loan and Lease Losses (Member) | Impaired Loans With An Allowance Recorded (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 30 | 79 | 66 |
Related Allowance for Loan and Lease Losses (Member) | Impaired Loans With An Allowance Recorded (Member) | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 126 | 213 | 324 |
Related Allowance for Loan and Lease Losses (Member) | Impaired Loans With An Allowance Recorded (Member) | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 4 | 0 | 2 |
Related Allowance for Loan and Lease Losses (Member) | Impaired Loans With An Allowance Recorded (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 230 | 126 | 683 |
Related Allowance for Loan and Lease Losses (Member) | Impaired Loans With An Allowance Recorded (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 0 | 0 | 0 |
Related Allowance for Loan and Lease Losses (Member) | Impaired Loans With An Allowance Recorded (Member) | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 645 | 504 | 1,231 |
Related Allowance for Loan and Lease Losses (Member) | Individually Evaluated for Impairment [Member] | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 138 | 86 | 103 |
Related Allowance for Loan and Lease Losses (Member) | Individually Evaluated for Impairment [Member] | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 117 | 0 | 53 |
Related Allowance for Loan and Lease Losses (Member) | Individually Evaluated for Impairment [Member] | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 30 | 79 | 66 |
Related Allowance for Loan and Lease Losses (Member) | Individually Evaluated for Impairment [Member] | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 126 | 213 | 324 |
Related Allowance for Loan and Lease Losses (Member) | Individually Evaluated for Impairment [Member] | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 4 | 0 | 2 |
Related Allowance for Loan and Lease Losses (Member) | Individually Evaluated for Impairment [Member] | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 230 | 126 | 683 |
Related Allowance for Loan and Lease Losses (Member) | Individually Evaluated for Impairment [Member] | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 0 | 0 | 0 |
Related Allowance for Loan and Lease Losses (Member) | Individually Evaluated for Impairment [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 645 | 504 | 1,231 |
Related Allowance for Loan and Lease Losses (Member) | Collectively Evaluated for Impairment [Member] | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 370 | 183 | 218 |
Related Allowance for Loan and Lease Losses (Member) | Collectively Evaluated for Impairment [Member] | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 353 | 619 | 410 |
Related Allowance for Loan and Lease Losses (Member) | Collectively Evaluated for Impairment [Member] | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 600 | 877 | 664 |
Related Allowance for Loan and Lease Losses (Member) | Collectively Evaluated for Impairment [Member] | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 724 | 599 | 582 |
Related Allowance for Loan and Lease Losses (Member) | Collectively Evaluated for Impairment [Member] | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 99 | 39 | 33 |
Related Allowance for Loan and Lease Losses (Member) | Collectively Evaluated for Impairment [Member] | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 1,178 | 1,153 | 1,052 |
Related Allowance for Loan and Lease Losses (Member) | Collectively Evaluated for Impairment [Member] | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 143 | 111 | 51 |
Related Allowance for Loan and Lease Losses (Member) | Collectively Evaluated for Impairment [Member] | Unallocated [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 240 | 15 | 1 |
Related Allowance for Loan and Lease Losses (Member) | Collectively Evaluated for Impairment [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Collectively Evaluated For Impairment | 3,707 | 3,596 | 3,011 |
Related Allowance for Loan and Lease Losses (Member) | Acquired with Deteriorated Credit Quality [Member] | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 0 | 0 | ' |
Related Allowance for Loan and Lease Losses (Member) | Acquired with Deteriorated Credit Quality [Member] | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 25 | 0 | ' |
Related Allowance for Loan and Lease Losses (Member) | Acquired with Deteriorated Credit Quality [Member] | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 0 | 0 | ' |
Related Allowance for Loan and Lease Losses (Member) | Acquired with Deteriorated Credit Quality [Member] | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 0 | 0 | ' |
Related Allowance for Loan and Lease Losses (Member) | Acquired with Deteriorated Credit Quality [Member] | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 0 | 0 | ' |
Related Allowance for Loan and Lease Losses (Member) | Acquired with Deteriorated Credit Quality [Member] | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 20 | 0 | ' |
Related Allowance for Loan and Lease Losses (Member) | Acquired with Deteriorated Credit Quality [Member] | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 0 | 0 | ' |
Related Allowance for Loan and Lease Losses (Member) | Acquired with Deteriorated Credit Quality [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | 45 | 0 | ' |
Related Allowance for Loan and Lease Losses (Member) | Loans Held for Investment (Member) | Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 508 | 269 | 321 |
Related Allowance for Loan and Lease Losses (Member) | Loans Held for Investment (Member) | Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 495 | 619 | 463 |
Related Allowance for Loan and Lease Losses (Member) | Loans Held for Investment (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 630 | 956 | 730 |
Related Allowance for Loan and Lease Losses (Member) | Loans Held for Investment (Member) | Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 850 | 812 | 906 |
Related Allowance for Loan and Lease Losses (Member) | Loans Held for Investment (Member) | All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 103 | 39 | 35 |
Related Allowance for Loan and Lease Losses (Member) | Loans Held for Investment (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 1,428 | 1,279 | 1,735 |
Related Allowance for Loan and Lease Losses (Member) | Loans Held for Investment (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 143 | 111 | 51 |
Related Allowance for Loan and Lease Losses (Member) | Loans Held for Investment (Member) | Unallocated [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 240 | 15 | 1 |
Related Allowance for Loan and Lease Losses (Member) | Loans Held for Investment (Member) | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Total Loans Held for Investment | 4,397 | 4,100 | 4,242 |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With An Allowance Recorded (Member) | Construction and Land Development [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 311 | 103 | 198 |
Impaired Loans With No Allowance Recorded | 0 | ' | ' |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With An Allowance Recorded (Member) | Owner Occupied [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 827 | 145 | 655 |
Impaired Loans With No Allowance Recorded | 1,534 | ' | ' |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With An Allowance Recorded (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 725 | 191 | 303 |
Impaired Loans With No Allowance Recorded | 0 | ' | ' |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With An Allowance Recorded (Member) | Residential Real Estate [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 965 | 318 | 291 |
Impaired Loans With No Allowance Recorded | 0 | ' | ' |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With An Allowance Recorded (Member) | All Other Real Estate [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 24 | 0 | 6 |
Impaired Loans With No Allowance Recorded | 0 | ' | ' |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With An Allowance Recorded (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 1,494 | 366 | 791 |
Impaired Loans With No Allowance Recorded | 1,000 | ' | ' |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With An Allowance Recorded (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 0 | 0 | 0 |
Impaired Loans With No Allowance Recorded | 0 | ' | ' |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With An Allowance Recorded (Member) | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 4,346 | 1,123 | 2,244 |
Impaired Loans With No Allowance Recorded | 2,534 | ' | ' |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With No Allowance Recorded (Member) | Construction and Land Development [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | ' | 229 | 533 |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With No Allowance Recorded (Member) | Owner Occupied [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | ' | 1,447 | 1,378 |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With No Allowance Recorded (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | ' | 0 | 109 |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With No Allowance Recorded (Member) | Residential Real Estate [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | ' | 0 | 782 |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With No Allowance Recorded (Member) | All Other Real Estate [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | ' | 0 | 0 |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With No Allowance Recorded (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | ' | 558 | 1,425 |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With No Allowance Recorded (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | ' | 0 | 0 |
Average Recorded Investment in Impaired Loans (Member) | Impaired Loans With No Allowance Recorded (Member) | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | ' | 2,234 | 4,227 |
Average Recorded Investment in Impaired Loans (Member) | Individually Evaluated for Impairment [Member] | Construction and Land Development [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 311 | 332 | 731 |
Average Recorded Investment in Impaired Loans (Member) | Individually Evaluated for Impairment [Member] | Owner Occupied [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 2,361 | 1,592 | 2,033 |
Average Recorded Investment in Impaired Loans (Member) | Individually Evaluated for Impairment [Member] | Non Owner Occupied [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 725 | 191 | 412 |
Average Recorded Investment in Impaired Loans (Member) | Individually Evaluated for Impairment [Member] | Residential Real Estate [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 965 | 318 | 1,073 |
Average Recorded Investment in Impaired Loans (Member) | Individually Evaluated for Impairment [Member] | All Other Real Estate [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 24 | 0 | 6 |
Average Recorded Investment in Impaired Loans (Member) | Individually Evaluated for Impairment [Member] | Commerical and Industrial [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 2,494 | 924 | 2,216 |
Average Recorded Investment in Impaired Loans (Member) | Individually Evaluated for Impairment [Member] | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 0 | 0 | 0 |
Average Recorded Investment in Impaired Loans (Member) | Individually Evaluated for Impairment [Member] | ' | ' | ' |
Average Recorded Investment in Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 6,880 | 3,357 | 6,471 |
Interest Income Recognized (Member) | Impaired Loans With An Allowance Recorded (Member) | Construction and Land Development [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 0 | 0 | 0 |
Interest Income Recognized (Member) | Impaired Loans With An Allowance Recorded (Member) | Owner Occupied [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 0 | 0 | 0 |
Interest Income Recognized (Member) | Impaired Loans With An Allowance Recorded (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 0 | 0 | 0 |
Interest Income Recognized (Member) | Impaired Loans With An Allowance Recorded (Member) | Residential Real Estate [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 29 | 0 | 10 |
Interest Income Recognized (Member) | Impaired Loans With An Allowance Recorded (Member) | All Other Real Estate [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 0 | 0 | 0 |
Interest Income Recognized (Member) | Impaired Loans With An Allowance Recorded (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 0 | 0 | 0 |
Interest Income Recognized (Member) | Impaired Loans With An Allowance Recorded (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 0 | 0 | 0 |
Interest Income Recognized (Member) | Impaired Loans With An Allowance Recorded (Member) | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With An Allowance Recorded | 29 | 0 | 10 |
Interest Income Recognized (Member) | Impaired Loans With No Allowance Recorded (Member) | Construction and Land Development [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 13 | 0 |
Interest Income Recognized (Member) | Impaired Loans With No Allowance Recorded (Member) | Owner Occupied [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 1 | 0 | 0 |
Interest Income Recognized (Member) | Impaired Loans With No Allowance Recorded (Member) | Non Owner Occupied [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 0 | 1 |
Interest Income Recognized (Member) | Impaired Loans With No Allowance Recorded (Member) | Residential Real Estate [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 38 | 0 |
Interest Income Recognized (Member) | Impaired Loans With No Allowance Recorded (Member) | All Other Real Estate [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 0 | 0 |
Interest Income Recognized (Member) | Impaired Loans With No Allowance Recorded (Member) | Commerical and Industrial [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 6 | 0 |
Interest Income Recognized (Member) | Impaired Loans With No Allowance Recorded (Member) | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 0 | 0 | 0 |
Interest Income Recognized (Member) | Impaired Loans With No Allowance Recorded (Member) | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Impaired Loans With No Allowance Recorded | 1 | 57 | 1 |
Interest Income Recognized (Member) | Individually Evaluated for Impairment [Member] | Construction and Land Development [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 0 | 13 | 0 |
Interest Income Recognized (Member) | Individually Evaluated for Impairment [Member] | Owner Occupied [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 1 | 0 | 0 |
Interest Income Recognized (Member) | Individually Evaluated for Impairment [Member] | Non Owner Occupied [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 0 | 0 | 1 |
Interest Income Recognized (Member) | Individually Evaluated for Impairment [Member] | Residential Real Estate [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 29 | 38 | 10 |
Interest Income Recognized (Member) | Individually Evaluated for Impairment [Member] | All Other Real Estate [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 0 | 0 | 0 |
Interest Income Recognized (Member) | Individually Evaluated for Impairment [Member] | Commerical and Industrial [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 0 | 6 | 0 |
Interest Income Recognized (Member) | Individually Evaluated for Impairment [Member] | Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 0 | 0 | 0 |
Interest Income Recognized (Member) | Individually Evaluated for Impairment [Member] | ' | ' | ' |
Interest Income Recognized on Impaired Loans: | ' | ' | ' |
Total Loans Individually Evaluated For Impairment | 30 | 57 | 11 |
Construction and Land Development [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | ' | ' | 0 |
Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | ' | ' | 0 |
Non Owner Occupied [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | ' | ' | 0 |
Residential Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | ' | ' | 0 |
All Other Real Estate [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | ' | ' | 0 |
Commerical and Industrial [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | ' | ' | 0 |
Consumer and All Other Loans and Leases [Member] | ' | ' | ' |
Recorded Investment: | ' | ' | ' |
Loans Acquired With Deteriorated Credit Quality | ' | ' | $0 |
Note_5_Credit_Quality_and_the_8
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Details) - Accretable Discount for Loans Purchased (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Details) - Accretable Discount for Loans Purchased [Line Items] | ' | ' | ' | ' |
Loans charged off | ($68) | ($22) | ($261) | ($144) |
Credit Quality Deterioration [Member] | ' | ' | ' | ' |
Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Details) - Accretable Discount for Loans Purchased [Line Items] | ' | ' | ' | ' |
Balance at beginning of year | ' | ' | 1,734 | 3,289 |
Balance at end of period | 2,067 | 1,787 | 2,067 | 1,787 |
Measurement period adustments to Santa Lucia Bank fair values | ' | ' | 0 | -428 |
Accretion to interest income | ' | ' | -2,046 | -844 |
Loans reclassified to held for sale | ' | ' | 0 | -355 |
Loans charged off | ' | ' | 50 | 0 |
Transfers from non-accretable discount to accretable | ' | ' | $2,329 | $125 |
Note_6_Common_and_Preferred_St2
Note 6 - Common and Preferred Stock and Earnings (Loss) per Share (Details) (USD $) | 0 Months Ended | 1 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | 9 Months Ended | 0 Months Ended | 1 Months Ended | |||||||||||||||||
Oct. 21, 2011 | Jun. 15, 2010 | Mar. 31, 2012 | Dec. 31, 2011 | Mar. 31, 2013 | Dec. 15, 2010 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Apr. 27, 2010 | Mar. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2012 | Jun. 15, 2010 | Dec. 15, 2010 | Dec. 15, 2010 | Jun. 13, 2010 | Oct. 21, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Conversion from Liability to Additional Paid in Capital [Member] | Warrants Cancelled [Member] | outstanding Stock Options (Member) | outstanding Stock Options (Member) | Outstanding Warrants (Member) | Outstanding Warrants (Member) | Convertible Preferred Shares (Member) | Warrants 2010 [Member] | Public Warrants [Member] | Public Warrants [Member] | Carpenter [Member] | Series A Preferred Stock [Member] | Mission Asset Management [Member] | Mission Asset Management [Member] | Mission Asset Management [Member] | |||||||||||
Per Shareholder [Member] | |||||||||||||||||||||||||
Note 6 - Common and Preferred Stock and Earnings (Loss) per Share (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock, Shares, Issued | ' | ' | ' | ' | ' | ' | 8,755,066 | 8,155,066 | 7,855,066 | 5,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 2,202,641 | ' | ' | ' | ' | ' | ' | ' | 171,980 | 5,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | 15 | ' | ' | ' | ' | ' | ' |
Common Stock, Value, Issued (in Dollars) | ' | ' | ' | ' | ' | ' | $45,825,000 | $42,825,000 | $41,325,000 | $25,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Term of Warrant | '10 years | ' | '5 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '5 years | ' | ' | ' | ' | ' | ' | ' |
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per Item) | 4.54 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5 | ' | 5 | ' | ' | ' | ' | ' |
Stock Issued During Period, Shares, New Issues | ' | ' | ' | ' | ' | 748,672 | 6,928,179 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from Issuance of Common Stock (in Dollars) | ' | ' | ' | ' | ' | 3,527,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred Stock, Redemption Amount (in Dollars) | ' | ' | ' | ' | ' | ' | 1,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,000,000 | 5,000,000 | 3,000,000 |
Proceeds from Issuance of Preferred Stock and Preference Stock (in Dollars) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10,000,000 | ' | ' | ' |
Preferred Stock, Shares Issued | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10,000 | ' | ' | ' |
Warrants Exercised | ' | ' | ' | 660,792 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Warrants Outstanding | ' | ' | 6,487,800 | ' | ' | ' | ' | ' | ' | ' | ' | 153,876 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Warrants and Rights Outstanding (in Dollars) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,955,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Adjustments to Additional Paid in Capital, Warrant Issued (in Dollars) | ' | ' | ' | ' | $161,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock, Shares, Outstanding | ' | ' | ' | ' | ' | ' | 8,755,066 | 8,155,066 | 7,855,066 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 333,334 | ' | ' | ' | ' |
Sale of Stock, Percentage of Ownership before Transaction | ' | 24.70% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Sale of Stock, Percentage of Ownership after Transaction | ' | ' | ' | ' | ' | ' | 79.10% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 450,400 | 267,900 | 6,408,452 | 7,308,452 | 220,264 | ' | ' | ' | ' | ' | ' | ' | ' |
Note_6_Common_and_Preferred_St3
Note 6 - Common and Preferred Stock and Earnings (Loss) per Share (Details) - Activity in the Companybs Outstanding Warrants (Warrant [Member], USD $) | 9 Months Ended | 12 Months Ended | |
Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Warrant [Member] | ' | ' | ' |
Class of Warrant or Right [Line Items] | ' | ' | ' |
Outstanding | 6,408,452 | 7,008,452 | 7,290,521 |
Outstanding weighted average exercise price (in Dollars per share) | $5 | $5 | $4.90 |
Warrants exercised | -600,000 | -400,000 | ' |
Warrants exercised weighted average exercise price (in Dollars per share) | $5 | $5 | ' |
Warrants cancelled in 2012 | ' | -6,541,849 | ' |
Warrants cancelled in 2012 (in Dollars per share) | ' | $4.89 | ' |
Warrants issued in 2012 | ' | 6,659,780 | ' |
Warrants issued in 2012 (in Dollars per share) | ' | $5 | ' |
Note_6_Common_and_Preferred_St4
Note 6 - Common and Preferred Stock and Earnings (Loss) per Share (Details) - Calculation of Earnings (Loss) Per Common Share (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, except Share data, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Note 6 - Common and Preferred Stock and Earnings (Loss) per Share (Details) - Calculation of Earnings (Loss) Per Common Share [Line Items] | ' | ' | ' | ' |
Net income (loss) | $227 | $760 | $1,751 | $451 |
Less earnings and dividends applicable to preferred stock: | ' | ' | ' | ' |
Net income (loss) attributable to common stock | 209 | 609 | 1,646 | -49 |
Average common shares outstanding (in Shares) | 8,755,066 | 7,855,066 | 8,418,253 | 7,792,292 |
Dilutive effect of outstanding stock-based awards and other potential common shares (in Shares) | 16,876 | ' | 11,868 | ' |
Average common shares used for diluted EPS (in Shares) | 8,771,942 | 7,855,066 | 8,430,121 | 7,792,292 |
Basic earnings (loss) per common share (in Dollars per share) | $0.02 | $0.08 | $0.20 | ($0.01) |
Diluted earnings (loss) per common share (in Dollars per share) | $0.02 | $0.08 | $0.20 | ($0.01) |
Convertible Preferred (Series A & C) [Member] | ' | ' | ' | ' |
Less earnings and dividends applicable to preferred stock: | ' | ' | ' | ' |
Net Income (Loss) | 2 | ' | 19 | ' |
Non-Convertible Subsidiary Issued-Preferred [Member] | ' | ' | ' | ' |
Less earnings and dividends applicable to preferred stock: | ' | ' | ' | ' |
Net Income (Loss) | 16 | 151 | 86 | 500 |
Preferred Stock [Member] | ' | ' | ' | ' |
Less earnings and dividends applicable to preferred stock: | ' | ' | ' | ' |
Net Income (Loss) | $18 | $151 | $105 | $500 |
Note_7_Income_Taxes_Details
Note 7 - Income Taxes (Details) (USD $) | 3 Months Ended | 9 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | |
Income Tax Disclosure [Abstract] | ' | ' | ' |
Income Tax Expense (Benefit) | $6,000 | $45,000 | $3,000 |
Deferred Tax Assets, Gross | 11,189,000 | 11,189,000 | ' |
Deferred Tax Assets, Tax Credit Carryforwards | 8,377,000 | 8,377,000 | ' |
Deferred Tax Liabilities, Gross | 2,191,000 | 2,191,000 | ' |
Deferred Tax Assets, Valuation Allowance | $8,998,000 | $8,998,000 | ' |
Note_8_Fair_Value_Measurement_1
Note 8 - Fair Value Measurement (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 |
In Thousands, unless otherwise specified | |||
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | $107,918 | $127,822 | $147,066 |
Loans held for sale | 5,113 | 1,548 | 3,490 |
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 18,564 | 30,589 | 43,247 |
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
US Government Agencies Debt Securities [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 18,564 | 30,589 | 43,247 |
US Government Agencies Debt Securities [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 18,564 | 30,589 | 43,247 |
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 51,876 | 61,660 | 70,479 |
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 51,876 | 61,660 | 70,479 |
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 15,141 | 19,273 | 16,592 |
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
US States and Political Subdivisions Debt Securities [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 15,141 | 19,273 | 16,592 |
US States and Political Subdivisions Debt Securities [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 15,141 | 19,273 | 16,592 |
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 3,234 | 2,996 | 3,024 |
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
Corporate Debt Securities [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 3,234 | 2,996 | 3,024 |
Corporate Debt Securities [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 3,234 | 2,996 | 3,024 |
Asset-backed Securities [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
Asset-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 19,103 | 13,304 | 13,724 |
Asset-backed Securities [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
Asset-backed Securities [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 19,103 | 13,304 | 13,724 |
Asset-backed Securities [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 19,103 | 13,304 | 13,724 |
Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
Loans held for sale | 0 | 0 | 0 |
Warrant liability | ' | ' | 0 |
Total assets measured at fair value on a recurring basis | 0 | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 107,918 | 127,822 | 147,066 |
Loans held for sale | 0 | 0 | 0 |
Warrant liability | ' | ' | 0 |
Total assets measured at fair value on a recurring basis | 107,918 | 127,822 | 147,066 |
Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 0 | 0 | 0 |
Loans held for sale | 5,113 | 1,548 | 3,490 |
Warrant liability | ' | ' | -150 |
Total assets measured at fair value on a recurring basis | 5,113 | 1,548 | 3,340 |
Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Available for sale securities: | ' | ' | ' |
Available-for-sale securities | 107,918 | 127,822 | 147,066 |
Loans held for sale | 5,113 | 1,548 | 3,490 |
Warrant liability | ' | ' | -150 |
Total assets measured at fair value on a recurring basis | $113,031 | $129,370 | $150,406 |
Note_8_Fair_Value_Measurement_2
Note 8 - Fair Value Measurement (Details) - Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis (USD $) | 9 Months Ended | 12 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Current Period Gains (Losses) | $210 | ($438) | ($501) |
Commercial and Industrial Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Commercial and Industrial Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Commercial and Industrial Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 1,979 | 990 | 1,969 |
Commercial and Industrial Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 1,979 | 990 | 1,969 |
Commercial and Industrial Loans [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Current Period Gains (Losses) | 21 | -60 | 7 |
Residential Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Residential Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Residential Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 833 | 684 | 570 |
Residential Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 833 | 684 | 570 |
Residential Real Estate Loans [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Current Period Gains (Losses) | 199 | -213 | -324 |
Commercial Real Estate Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Commercial Real Estate Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Commercial Real Estate Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 2,170 | 1,893 | 2,232 |
Commercial Real Estate Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 2,170 | 1,893 | 2,232 |
Commercial Real Estate Owner Occupied [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Current Period Gains (Losses) | -2 | ' | -20 |
Commercial Real Estate Non Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Commercial Real Estate Non Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Commercial Real Estate Non Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 826 | 686 | 683 |
Commercial Real Estate Non Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 826 | 686 | 683 |
Commercial Real Estate Non Owner Occupied [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Current Period Gains (Losses) | 36 | -79 | -66 |
All Other Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | ' | 0 |
All Other Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | ' | 0 |
All Other Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 16 | ' | 27 |
All Other Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 16 | ' | 27 |
All Other Real Estate Loans [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Current Period Gains (Losses) | -2 | ' | -2 |
Construction and Land Development Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Construction and Land Development Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Construction and Land Development Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 137 | 500 | 452 |
Construction and Land Development Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 137 | 500 | 452 |
Construction and Land Development Loans [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Current Period Gains (Losses) | -42 | -86 | -96 |
Other Real Estate Owned (Member) | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Non-financial assets measured at fair value on a non-recurring basis: | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Other Real Estate Owned (Member) | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Non-financial assets measured at fair value on a non-recurring basis: | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Other Real Estate Owned (Member) | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Non-financial assets measured at fair value on a non-recurring basis: | ' | ' | ' |
Fair Value | 861 | 1,463 | 818 |
Other Real Estate Owned (Member) | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Non-financial assets measured at fair value on a non-recurring basis: | ' | ' | ' |
Fair Value | 861 | 1,463 | 818 |
Other Real Estate Owned (Member) | ' | ' | ' |
Non-financial assets measured at fair value on a non-recurring basis: | ' | ' | ' |
Current Period Gains (Losses) | 571 | -458 | -463 |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 0 | 0 | 0 |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | 5,961 | 4,753 | 5,933 |
Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' |
Impaired loans, net of specific reserves-- | ' | ' | ' |
Fair Value | $5,961 | $4,753 | $5,933 |
Note_8_Fair_Value_Measurement_3
Note 8 - Fair Value Measurement (Details) - Fair Value of Assets on a Recurring Basis Using SIgnificant Unobservable Inputs (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ' | ' |
Balance at beginning of year | $1,548 | ($1,464) |
Balance at end of period | 5,113 | 3,490 |
Settlements - principal reductions in loans held for sale | -848 | -1,857 |
Loan participations sold to related party | 0 | -1,952 |
Loans held for sale transferred to other real estate owned | ' | -1,462 |
Cancellation of warrants accounted for as liabilities | 0 | 5,116 |
Changes in fair value of warrant liability | 0 | 68 |
Change in SBA Loans Held For Sale [Member] | ' | ' |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ' | ' |
Transfers into Level 3 | 4,099 | -115 |
Loans Held For Sale [Member] | ' | ' |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ' | ' |
Transfers into Level 3 | 0 | 4,283 |
Loans held for sale transferred to other real estate owned | 0 | -589 |
Reduction in loans held for sale valuation reserve | $314 | $0 |
Note_8_Fair_Value_Measurement_4
Note 8 - Fair Value Measurement (Details) - The Estimated Fair Value of Financial Instruments (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | |||
In Thousands, unless otherwise specified | ||||||
Financial Assets: | ' | ' | ' | |||
Cash and due from banks | $22,423 | $25,635 | $21,197 | |||
Cash and due from banks | 22,423 | 25,635 | 21,197 | |||
Interest-bearing deposits in other banks | 1,979 | 3,706 | 5,176 | |||
Interest-bearing deposits in other banks | 1,979 | 3,706 | 5,176 | |||
Investment securities | 107,918 | 127,822 | 147,066 | |||
Investment securities | 107,918 | 127,822 | 147,066 | |||
Loans held for sale | 5,113 | [1] | 1,548 | [1] | 3,490 | [1] |
Loans held for sale | 5,113 | 1,548 | 3,490 | |||
Loans, net of allowance for loan and lease losses | 268,035 | 239,499 | 229,437 | |||
Loans, net of allowance for loan and lease losses | 267,015 | 244,979 | 225,338 | |||
Federal Home Loan Bank stock and other investments | 6,974 | 6,822 | 6,699 | |||
Federal Home Loan Bank stock and other investments | 6,974 | 6,822 | 6,699 | |||
Accrued interest receivable | 1,217 | 1,361 | 1,353 | |||
Accrued interest receivable | 1,217 | 1,361 | 1,353 | |||
Financial Liabilities: | ' | ' | ' | |||
Deposits | 388,812 | 387,268 | 389,408 | |||
Deposits | 389,228 | 387,589 | 389,641 | |||
Other borrowings | 6,000 | 0 | 3,800 | |||
Other borrowings | 5,506 | 0 | 3,800 | |||
Junior subordinated debt securities | 5,688 | 5,604 | 5,576 | |||
Junior subordinated debt securities | 4,634 | 4,607 | 4,188 | |||
Accrued interest payable | 128 | 111 | 140 | |||
Accrued interest payable | $128 | $111 | $140 | |||
[1] | Consists of all loans held at Mission Asset Management, Inc. and SBA-guaranteed loans held for sale at Mission Community Bank |
Note_9_Related_Party_Transacti1
Note 9 - Related Party Transactions (Details) (CGB [Member], USD $) | 3 Months Ended |
Sep. 30, 2013 | |
Sale of Fully-Discounted Loan [Member] | ' |
Note 9 - Related Party Transactions (Details) [Line Items] | ' |
Related Party Transaction, Amounts of Transaction | $344,000 |
Acceleration of Accretion Income on Loans with Deteriorated Credit Quality | 344,000 |
Sale of Fully-Written Down OREO Property [Member] | ' |
Note 9 - Related Party Transactions (Details) [Line Items] | ' |
Related Party Transaction, Amounts of Transaction | 599,000 |
Gains (Losses) on Sales of Other Real Estate | $599,000 |
Note_11_Subsequent_Event_Detai
Note 11 - Subsequent Event (Details) (USD $) | 1 Months Ended | 1 Months Ended | |||
Oct. 21, 2013 | Oct. 18, 2013 | Oct. 21, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | |
Subsequent Event [Member] | Subsequent Event [Member] | Subsequent Event [Member] | Heritage [Member] | Heritage [Member] | |
Heritage [Member] | Heritage [Member] | Minimum [Member] | Minimum [Member] | ||
Note 11 - Subsequent Event (Details) [Line Items] | ' | ' | ' | ' | ' |
Payments to Acquire Businesses, Gross (in Dollars) | $8,000,000 | ' | ' | ' | ' |
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in Shares) | 7,541,353 | ' | ' | ' | ' |
Business Acquisition, Exchange Ratio For Common Shares | 0.8614 | ' | ' | ' | ' |
Business Acquisition Exchange Cash Per Common Share | $0.19 | ' | ' | ' | ' |
Business Acquisition, Share Price | ' | $6.42 | ' | ' | ' |
Business Combination, Consideration Transferred (in Dollars) | ' | ' | 56,400,000 | ' | ' |
Business Acquisition, Cash for Common Stock from Exercisable Warrants | ' | ' | $0.92 | ' | ' |
Business Acquisition Exchange For In The Money Options | ' | ' | $5.92 | ' | ' |
Business Acquisition Exchange For Out Of The Money Options (in Dollars) | ' | ' | 500 | ' | ' |
Adjusted Shareholders Equity | ' | ' | ' | ' | 95.00% |
Core Deposits Percentage | ' | ' | ' | 80.00% | ' |
Termination Fee, Entitlement Amount (in Dollars) | $2,500,000 | ' | ' | ' | ' |