Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 5 – Loans and Allowance for Loan Losses September 30, 2015 December 31, 2014 PCI loans All other loans Total PCI loans All other loans Total Commercial: Commercial and industrial $ 5,511 $ 206,230 $ 211,741 $ 5,552 $ 168,234 $ 173,786 Commercial real estate (CRE) - owner-occupied 22,105 306,222 328,327 30,554 303,228 333,782 CRE - investor income producing 34,872 479,246 514,118 43,866 426,781 470,647 AC&D - 1-4 family construction 464 26,835 27,299 514 28,887 29,401 AC&D - lots, land & development 6,477 41,471 47,948 13,660 41,783 55,443 AC&D - CRE - 85,643 85,643 112 71,478 71,590 Other commercial 2,012 6,818 8,830 1,187 3,858 5,045 Total commercial loans 71,441 1,152,465 1,223,906 95,445 1,044,249 1,139,694 Consumer: Residential mortgage 24,852 199,258 224,110 28,730 176,420 205,150 Home equity lines of credit (HELOC) 1,634 155,796 157,430 1,734 153,563 155,297 Residential construction 4,063 62,760 66,823 6,574 49,308 55,882 Other loans to individuals 547 24,349 24,896 758 21,828 22,586 Total consumer loans 31,096 442,163 473,259 37,796 401,119 438,915 Total loans 102,537 1,594,628 1,697,165 133,241 1,445,368 1,578,609 Deferred costs - 2,959 2,959 - 2,084 2,084 Total loans, net of deferred costs $ 102,537 $ 1,597,587 $ 1,700,124 $ 133,241 $ 1,447,452 $ 1,580,693 Included in the September 30, 2015 and December 31, 2014 loan totals are $18.9 million and $42.3 million, respectively, of covered loans pursuant to Federal Deposit Insurance Corporation (“FDIC”) loss share agreements. Of these amounts, at September 30, 2015, approximately $16.7 million is included in PCI loans and $2.2 million is included in all other loans. Our loss share agreement related to Bank of Hiawassee’s non-single family assets expired on March 31, 2015, and on April 1, 2015, the remaining balance of $19.6 million associated with the Bank of Hiawassee non-single family loans was transferred from the covered portfolio to the non-covered portfolio. At December 31, 2014, $39.8 million of covered loans is included in PCI loans and $2.5 million is included in all other loans. At September 30, 2015 and December 31, 2014, the Company had sold participations in loans aggregating $12.5 million and $6.5 million, respectively, to other financial institutions on a nonrecourse basis. During the nine months ended September 30, 2015, a participation was sold on one large relationship for $11.4 million. The Bank accepts residential mortgage loan applications and funds loans of qualified borrowers. Funded loans are sold with limited recourse to investors under the terms of pre-existing commitments. The Bank executes all of its loan sales agreements under best efforts contracts with investors. From time to time, the Company may choose to hold certain mortgage loans on balance sheet. As a result of the Provident Community merger, the Company serviced $3.0 million and $3.7 million of residential mortgage loans for the benefit of others as of September 30, 2015 and December 31, 2014, respectively. Loans sold are 1-4 family residential mortgages originated by the Company and sold to various other financial institutions. The Company’s exposure to credit loss in the event of nonperformance by the other party to the loan is represented by the contractual notional amount of the loan. Since only a few loans have been returned to the Company, the amount of total loans sold does not necessarily represent future cash requirements. Total loans sold in the three and nine months ended September 30, 2015 were $25.5 million and $79.0 million, respectively. Total loans sold in the three and nine months ended September 30, 2014 were $21.3 million and $42.4 million, respectively. At September 30, 2015, the carrying value of loans pledged as collateral to the FHLB on borrowings and to the Federal Reserve totaled $686.1million. At December 31, 2014, the carrying value of loans pledged as collateral to the FHLB and the Federal Reserve totaled $560.4 million. Concentrations of Credit - Allowance for Loan Losses Commercial and industrial CRE - owner-occupied CRE - investor income producing AC&D - 1-4 family construction AC&D - lots, land & development AC&D - CRE Other commercial Residential mortgage HELOC Residential construction Other loans to individuals Total For the three months ended September 30, 2015 Allowance for Loan Losses: Balance, beginning of period $ 1,394 $ 1,080 $ 2,037 $ 240 $ 267 $ 670 $ 60 $ 652 $ 1,360 $ 381 $ 278 $ 8,419 Provision for loan losses 173 (219 ) 30 (39 ) (34 ) (11 ) 13 26 57 38 (34 ) - Charge-offs (58 ) - - - - - - - (29 ) - (5 ) (92 ) Recoveries 55 221 50 5 37 - - 10 10 11 16 415 Net (charge-offs) recoveries (3 ) 221 50 5 37 - - 10 (19 ) 11 11 323 Balance, end of period $ 1,564 $ 1,082 $ 2,117 $ 206 $ 270 $ 659 $ 73 $ 688 $ 1,398 $ 430 $ 255 $ 8,742 PCI Impairment Allowance for Loan Losses: Balance, beginning of period $ - $ - $ 49 $ - $ - $ - $ - $ - $ - $ - $ - $ 49 PCI Impairment charge-offs - - - - - - - (30 ) - - - (30 ) PCI impairment recoveries - - - - - - - - - - - - Net PCI impairment charge-offs - - - - - - - (30 ) - - - (30 ) PCI provision for loan losses - - (49 ) - - - - 30 - - - (19 ) Benefit attributable to FDIC loss share agreements - - 49 - - - - (30 ) - - - 19 Total provision for loan losses charged to operations - - - - - - - - - - - - Provision for loan losses recorded through FDIC loss share receivable - - (49 ) - 30 - - - (19 ) Balance, end of period $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Allowance for Loan Losses $ 1,564 $ 1,082 $ 2,117 $ 206 $ 270 $ 659 $ 73 $ 688 $ 1,398 $ 430 $ 255 $ 8,742 For the nine months ended September 30, 2015 Allowance for Loan Losses: Balance, beginning of period $ 1,563 $ 721 $ 1,751 $ 458 $ 591 $ 395 $ 32 $ 443 $ 1,651 $ 542 $ 115 $ 8,262 Provision for loan losses 96 360 110 (260 ) (602 ) 264 41 322 (227 ) (48 ) 124 180 Charge-offs (213 ) - - - - - - (117 ) (110 ) (78 ) (38 ) (556 ) Recoveries 118 1 256 8 281 - - 40 84 14 54 856 Net (charge-offs) recoveries (95 ) 1 256 8 281 - - (77 ) (26 ) (64 ) 16 300 Balance, end of period $ 1,564 $ 1,082 $ 2,117 $ 206 $ 270 $ 659 $ 73 $ 688 $ 1,398 $ 430 $ 255 $ 8,742 PCI Impairment Allowance for Loan Losses: Balance, beginning of period $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - PCI Impairment charge-offs (51 ) - (39 ) - - - - (96 ) - - - (186 ) PCI impairment recoveries - - - - - - - - - - - - Net PCI impairment charge-offs (51 ) - (39 ) - - - - (96 ) - - - (186 ) PCI provision for loan losses 51 - 39 - - - - 96 - - - 186 Benefit attributable to FDIC loss share agreements - - (22 ) - - - - (30 ) - - - (52 ) Total provision for loan losses charged to operations 51 - 17 - - - - 66 - - - 134 Provision for loan losses recorded through FDIC loss share receivable - - 22 - 30 - - - 52 Balance, end of period $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Allowance for Loan Losses $ 1,564 $ 1,082 $ 2,117 $ 206 $ 270 $ 659 $ 73 $ 688 $ 1,398 $ 430 $ 255 $ 8,742 Commercial and industrial CRE - owner-occupied CRE - investor income producing AC&D - 1-4 family construction AC&D - lots, land & development AC&D - CRE Other commercial Residential mortgage HELOC Residential construction Other loans to individuals Total For the three months ended September 30, 2014 Allowance for Loan Losses: Balance, beginning of period $ 1,773 $ 473 $ 1,425 $ 1,215 $ 1,446 $ 223 $ 51 $ 372 $ 1,452 $ 651 $ 97 $ 9,178 Provision for loan losses 12 162 (54 ) (95 ) (1,086 ) 60 2 155 138 240 (18 ) (484 ) Charge-offs (111 ) - (20 ) - - - - (25 ) (4 ) - (15 ) (175 ) Recoveries 262 10 21 33 449 - - 110 15 9 30 939 Net (charge-offs) recoveries 151 10 1 33 449 - - 85 11 9 15 764 Balance, end of period $ 1,936 $ 645 $ 1,372 $ 1,153 $ 809 $ 283 $ 53 $ 612 $ 1,601 $ 900 $ 94 $ 9,458 PCI Impairment Allowance for Loan Losses: Balance, beginning of period $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - PCI Impairment charge-offs - - - - - - - - - - - - PCI impairment recoveries - - - - - - - - - - - - Net PCI impairment charge-offs - - - - - - - - - - - - PCI provision for loan losses - - - - - - - - - - - - Benefit attributable to FDIC loss share agreements - - - - - - - - - - - - Total provision for loan losses charged to operations - - - - - - - - - - - - Provision for loan losses recorded through FDIC loss share receivable - - - - - - - - - - - - Balance, end of period $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Allowance for Loan Losses $ 1,936 $ 645 $ 1,372 $ 1,153 $ 809 $ 283 $ 53 $ 612 $ 1,601 $ 900 $ 94 $ 9,458 For the nine months ended September 30, 2014 Allowance for Loan Losses: Balance, beginning of period $ 1,491 $ 399 $ 1,797 $ 839 $ 1,751 $ 299 $ 25 $ 358 $ 1,050 $ 390 $ 72 $ 8,471 Provision for loan losses 88 (16 ) (241 ) 231 (2,558 ) (16 ) 27 159 907 466 18 (935 ) Charge-offs (111 ) - (292 ) (15 ) (4 ) - - (88 ) (402 ) (7 ) (37 ) (956 ) Recoveries 468 262 108 98 1,620 - 1 183 46 51 41 2,878 Net (charge-offs) recoveries 357 262 (184 ) 83 1,616 - 1 95 (356 ) 44 4 1,922 Balance, end of period $ 1,936 $ 645 $ 1,372 $ 1,153 $ 809 $ 283 $ 53 $ 612 $ 1,601 $ 900 $ 94 $ 9,458 PCI Impairment Allowance for Loan Losses: Balance, beginning of period $ - $ - $ 360 $ - $ - $ - $ - $ - $ - $ - $ - $ 360 PCI Impairment charge-offs - - (5 ) - - - - (1 ) (144 ) - - (150 ) PCI impairment recoveries - - - - - - - - - - - - Net PCI impairment charge-offs - - (5 ) - - - - (1 ) (144 ) - - (150 ) PCI provision for loan losses - - (354 ) - - - - 1 144 - - (209 ) Benefit attributable to FDIC loss share agreements - - 278 - - - - - - - - 278 Total provision for loan losses charged to operations - - (76 ) - - - - 1 144 - - 69 Provision for loan losses recorded through FDIC loss share receivable - - (279 ) - - - - - (279 ) Balance, end of period $ - $ - $ - $ - $ - $ - $ - $ 1 $ - $ - $ - $ - Total Allowance for Loan Losses $ 1,936 $ 645 $ 1,372 $ 1,153 $ 809 $ 283 $ 53 $ 613 $ 1,601 $ 900 $ 94 $ 9,458 The following table presents, by portfolio segment, the balance in the allowance for loan losses disaggregated on the basis of the Company’s impairment measurement method and the related recorded investment in loans at September 30, 2015 and December 31, 2014. Commercial and industrial CRE - owner-occupied CRE - investor income producing AC&D - 1-4 family construction AC&D - lots, land & development AC&D - CRE Other commercial Residential mortgage HELOC Residential construction Other loans to individuals Total At September 30, 2015 Allowance for Loan Losses: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ 45 $ 282 $ - $ - $ 327 Collectively evaluated for impairment 1,564 1,082 2,117 206 270 659 73 643 1,116 430 255 8,415 1,564 1,082 2,117 206 270 659 73 688 1,398 430 255 8,742 Purchased credit-impaired - - - - - - - - - - - - Total $ 1,564 $ 1,082 $ 2,117 $ 206 $ 270 $ 659 $ 73 $ 688 $ 1,398 $ 430 $ 255 $ 8,742 Recorded Investment in Loans: Individually evaluated for impairment $ - $ 2,063 $ 445 $ - $ 998 $ - $ - $ 1,270 $ 1,566 $ 247 $ - $ 6,589 Collectively evaluated for impairment 206,230 304,159 478,801 26,835 40,473 85,643 6,818 197,988 154,230 62,513 24,349 1,588,039 206,230 306,222 479,246 26,835 41,471 85,643 6,818 199,258 155,796 62,760 24,349 1,594,628 Purchased credit-impaired 5,511 22,105 34,872 464 6,477 - 2,012 24,852 1,634 4,063 547 102,537 Total $ 211,741 $ 328,327 $ 514,118 $ 27,299 $ 47,948 $ 85,643 $ 8,830 $ 224,110 $ 157,430 $ 66,823 $ 24,896 $ 1,697,165 At December 31, 2014 Allowance for Loan Losses: Individually evaluated for impairment $ 44 $ 18 $ 57 $ - $ 11 $ - $ 19 $ 138 $ 382 $ 4 $ 12 $ 685 Collectively evaluated for impairment 1,519 703 1,694 458 580 395 13 305 1,269 538 103 7,577 1,563 721 1,751 458 591 395 32 443 1,651 542 115 8,262 Purchased credit-impaired - - - - - - - - - - - - Total $ 1,563 $ 721 $ 1,751 $ 458 $ 591 $ 395 $ 32 $ 443 $ 1,651 $ 542 $ 115 $ 8,262 Recorded Investment in Loans: Individually evaluated for impairment $ 376 $ 2,889 $ 1,271 $ - $ 1,073 $ - $ 143 $ 2,525 $ 2,481 $ 369 $ 90 $ 11,217 Collectively evaluated for impairment 167,858 300,339 425,510 28,887 40,710 71,478 3,715 173,895 151,082 48,939 21,738 1,434,151 168,234 303,228 426,781 28,887 41,783 71,478 3,858 176,420 153,563 49,308 21,828 1,445,368 Purchased credit-impaired 5,552 30,554 43,866 514 13,660 112 1,187 28,730 1,734 6,574 758 133,241 Total $ 173,786 $ 333,782 $ 470,647 $ 29,401 $ 55,443 $ 71,590 $ 5,045 $ 205,150 $ 155,297 $ 55,882 $ 22,586 $ 1,578,609 The Company’s loan loss allowance methodology includes four components, as described below: 1) Specific Reserve Component In the second quarter of 2015 as part of management’s annual review of the allowance for loan loss methodology management modified the methodology used for the determination of allowance for loan losses to collectively review impaired loans with a balance of less than or equal to $150 thousand. These loans are no longer individually reviewed for specific impairment but rather are reviewed on a pooled basis in a manner consistent with unimpaired loans with additional qualitative factors applied when necessary to reflect the additional risk characteristics of these loans. This change in methodology resulted in decrease in specific reserves and an increase in the quantitative and qualitative reserve components. 2) Quantitative Reserve Component The historical loss experience of the Company is collected quarterly by evaluating internal loss data. The estimated historical loss rates are grouped by loan product type. The Company utilizes average historical losses to represent management’s estimate of losses inherent in a particular portfolio. The historical look back period is estimated by loan type, and the Company applies the historical loss period which it believes best reflects the inherent loss in the applicable portfolio considering prevailing market conditions. The look back periods utilized by management in determining the quantitative reserve component was 15 periods for all loan product types at both September 30, 2015 and December 31, 2014. The Company also performs a quantitative calculation on the purchased performing loan portfolio. There is no allowance for loan losses established at the acquisition date for purchased performing loans. The historical loss experience discussed above is applied to the purchased performing loan portfolio and the result is compared to the remaining fair value mark on this portfolio. A provision for loan losses is recorded for any further deterioration in these loans subsequent to the acquisition. At September 30, 2015 and December 31, 2014, this analysis indicated a need for $190 thousand and $117 thousand of reserves for the purchased performing portfolio, respectively. The remaining mark on the purchased performing loan portfolio was $2.2 million and $3.0 million at September 30, 2015 and December 31, 2014, respectively. 3) Qualitative Reserve Component i. Portfolio trends, which may relate to such factors as type or level of loan origination activity, changes in asset quality (i.e., past due, special mention, non-performing) and/or changes in collateral values; ii. Portfolio concentrations, which may relate to individual borrowers and/or guarantors, geographic regions, industry sectors, loan types and/or other factors; iii. Economic and market trends, which may relate to trends and/or levels of gross domestic production, unemployment, bankruptcies, foreclosures, housing starts, housing prices, equity prices, competitor activities and/or other factors; iv. Changes in lending practices, which may relate to changes in credit policies, procedures, systems or staff; v. Changes in loan review system, which may introduce variation in loan grading, collateral adequacy and valuation and impairment classification; vi. Geographical considerations, which may relate to economic and/or environmental issues unique to a geographical area including but not limited to elimination of a major employer, natural disaster, or long-term states of emergency; and vii. Other factors, which is intended to capture the incremental adjustment, by loan type, to internally calculated minimum reserves (as discussed below), environmental factors not specifically identified above and additional risk considerations for impaired loans less than or equal to $150 thousand that are not specifically reviewed. The Company reviews and applies minimum reserves as part of the qualitative component when deemed necessary through the use of other factors. Additional other factors for minimum reserve levels are typically utilized when historical loss data materially understates historic loss rates due to a rapidly declining economic environment, significant recovery periods or insufficient historic loss data. Minimums loss levels are determined by analyzing Federal Reserve Bank charge-off data for all insured federal- and state-chartered commercial banks. In addition, qualitative reserves on purchased performing loans are based on the Company’s judgment around the timing difference expected to occur between accretion of the fair market value credit adjustment and realization of actual loan losses. 4) Reserve on Purchased-Credit Impaired Loans. This analysis resulted in net impairment of $30 thousand and $186 thousand for the three and nine months ended September 30, 2015, respectively. Additionally, in the three and nine month periods ended September 30, 2015, approximately $(19) thousand of recovery and $52 thousand of impairment, respectively, is attributable to covered loans under FDIC loss share agreements. The covered loan impairments for the nine months ended September 30, 2015 were a function of an increase in expected losses and as a result, the FDIC indemnification asset was increased. During the nine months ended September 30, 2014 the analysis of purchased credit impaired loans resulted in net recovery of ($209) thousand. There was no impairment or recovery for the three months ended September 20, 2014. A full breakdown of the net impairment or recovery is detailed in the allowance by segment table above for the three and nine months ended September 30, 2015 and 2014. The allowance for loan losses is increased by provisions charged to operations and reduced by loans charged off, net of recoveries. The increase in the allowance for loan losses from December 31, 2014 to September 30, 2015 was a function of the following: (1) A decrease of $723 thousand in the quantitative component of the allowance due to a decrease in historical loss rates applied to the portfolio as significant charge-offs from 2011 are replaced with lower net charge-off periods in 2015. This decrease in historical loss rates applied was partially offset by an increase in quantitative reserves for impaired loans less than or equal to $150 thousand that are now collectively reviewed. (2) An increase of $1.6 million in the qualitative component of the allowance primarily due to new application of additional other factors for impaired loans less than or equal to $150 thousand to capture additional risk characteristics of those pools. In addition, as historical loss rates continue to decline, other factors (which capture minimum losses) are now applied to all loan pools. Finally, an additional provision of $190 thousand was recorded for the purchased performing pools. (3) A decrease of $358 thousand in specific reserves as impaired loans less than or equal to $150 thousand are no longer specifically reviewed. The Company evaluates and estimates off-balance sheet credit exposure at the same time it estimates credit losses for loans by a similar process. These estimated credit losses are not recorded as part of the allowance for loan losses, but are recorded to a separate liability account by a charge to income, if material. Loan commitments, unused lines of credit and standby letters of credit make up the off-balance sheet items reviewed for potential credit losses. At September 30, 2015 and December 31, 2014, $125 thousand was recorded as an other liability for off-balance sheet credit exposure. Credit Quality Indicators - The following are the definitions of the Company's credit quality indicators: Pass: Loans in classes that comprise the commercial and consumer portfolio segments that are not adversely rated, are contractually current as to principal and interest, and are otherwise in compliance with the contractual terms of the loan agreement. PCI loans that were recorded at estimated fair value on the acquisition date are generally assigned a “pass” loan grade because their net financial statement value is based on the present value of expected cash flows. Management believes there is a low likelihood of loss related to those loans that are considered pass. Special Mention: Loans in classes that comprise the commercial and consumer portfolio segments that have potential weaknesses that deserve management's close attention. If not addressed, these potential weaknesses may result in deterioration of the repayment prospects for the loan. Management believes there is a moderate likelihood of some loss related to those loans that are considered special mention. Classified: Loans in the classes that comprise the commercial and consumer portfolio segments that are inadequately protected by the sound worth and paying capacity of the borrower or of the collateral pledged, if any. Management believes that there is a distinct possibility that the Company will sustain some loss if the deficiencies related to classified loans are not corrected in a timely manner. The Company's credit quality indicators are periodically updated on a case-by-case basis. The following tables present the recorded investment in the Company's loans as of September 30, 2015 and December 31, 2014, by loan class and by credit quality indicator. As of September 30, 2015 Commercial and industrial CRE - owner-occupied CRE - investor income producing AC&D - 1-4 family construction AC&D - lots, land & development AC&D - CRE Other commercial Total Commercial Pass $ 210,013 $ 320,861 $ 508,443 $ 27,299 $ 45,360 $ 85,643 $ 8,693 $ 1,206,312 Special mention 1,616 4,124 4,165 - 1,170 - - 11,075 Classified 112 3,342 1,510 - 1,418 - 137 6,519 Total $ 211,741 $ 328,327 $ 514,118 $ 27,299 $ 47,948 $ 85,643 $ 8,830 $ 1,223,906 Residential mortgage HELOC Residential construction Other loans to individuals Total Consumer Pass $ 217,596 $ 150,014 $ 65,639 $ 24,842 $ 458,091 Special mention 4,868 6,238 636 18 11,760 Classified 1,646 1,178 548 36 3,408 Total $ 224,110 $ 157,430 $ 66,823 $ 24,896 $ 473,259 Total Loans $ 1,697,165 As of December 31, 2014 Commercial and industrial CRE - owner-occupied CRE - investor income producing AC&D - 1-4 family construction AC&D - lots, land & development AC&D - CRE Other commercial Total Commercial Pass $ 172,638 $ 328,712 $ 461,955 $ 29,401 $ 52,568 $ 71,590 $ 4,902 $ 1,121,766 Special mention 493 1,925 6,934 - 1,335 - - 10,687 Classified 655 3,145 1,758 - 1,540 - 143 7,241 Total $ 173,786 $ 333,782 $ 470,647 $ 29,401 $ 55,443 $ 71,590 $ 5,045 $ 1,139,694 Residential mortgage HELOC Residential construction Other loans to individuals Total Consumer Pass $ 202,214 $ 147,893 $ 55,290 $ 22,445 $ 427,842 Special mention 1,802 6,122 227 99 8,250 Classified 1,134 1,282 365 42 2,823 Total $ 205,150 $ 155,297 $ 55,882 $ 22,586 $ 438,915 Total Loans $ 1,578,609 Aging Analysis of Accruing and Non-Accruing Loans – 30-59 60-89 Past Due Days Days 90 Days PCI Past Due Past Due or More Loans Current Total Loans As of September 30, 2015 Commercial: Commercial and industrial $ 233 $ 363 $ 52 $ 5,511 $ 205,582 $ 211,741 CRE - owner-occupied 739 557 176 22,105 304,750 328,327 CRE - investor income producing 6 - 370 34,872 478,870 514,118 AC&D - 1-4 family construction - - - 464 26,835 27,299 AC&D - lots, land & development - - - 6,477 41,471 47,948 AC&D - CRE - - - - 85,643 85,643 Other commercial - - - 2,012 6,818 8,830 Total commercial loans 978 920 598 71,441 1,149,969 1,223,906 Consumer: Residential mortgage 123 1,357 329 24,852 197,449 224,110 HELOC 309 1,506 173 1,634 153,808 157,430 Residential construction 394 - 357 4,063 62,009 66,823 Other loans to individuals 8 316 2 547 24,023 24,896 Total consumer loans 834 3,179 861 31,096 437,289 473,259 Total loans $ 1,812 $ 4,099 $ 1,459 $ 102,537 $ 1,587,258 $ 1,697,165 As of December 31, 2014 Commercial: Commercial and industrial $ 123 $ 18 $ 73 $ 5,552 $ 168,020 $ 173,786 CRE - owner-occupied - - 1,616 30,554 301,612 333,782 CRE - investor income producing - - 571 43,866 426,210 470,647 AC&D - 1-4 family construction - - - 514 28,887 29,401 AC&D - lots, land & development - - - 13,660 41,783 55,443 AC&D - CRE - - - 112 71,478 71,590 Other commercial 40 143 - 1,187 3,675 5,045 Total commercial loans 163 161 2,260 95,445 1,041,665 1,139,694 Consumer: Residential mortgage 57 68 1,058 28,730 175,237 205,150 HELOC 343 60 228 1,734 152,932 155,297 Residential construction 157 - 341 6,574 48,810 55,882 Other loans to individuals 29 1 41 758 21,757 22,586 Total consumer loans 586 129 1,668 37,796 398,736 438,915 Total loans $ 749 $ 290 $ 3,928 $ 133,241 $ 1,440,401 $ 1,578,609 Impaired Loans The Company’s quarterly cash flow analyses of PCI loan pools indicated a net impairment of $30 thousand and $186 thousand during the three and nine months ended September 30, 2015, respectively. The Company’s quarterly cash flow analyses of PCI loan pools indicated a net release of previous impairment of $209 thousand for the nine months ended September 30, 2014 as the pools affected showed improved expected cash flows. There was no impairment or recovery indicated in this analysis for the three months ended September 30, 2014. These amounts are not included in the tables below. The table below presents impaired loans specifically reviewed for impairment, by class, and the corresponding allowance for loan losses at September 30, 2015 and December 31, 2014. The table below also presents the recorded investment, unpaid principal balance and related allowance for impaired loans less than $150,000 not specially reviewed at September 30, 2015 and December 31, 2014: September 30, 2015 December 31, 2014 Unpaid Related Unpaid Related Recorded Principal Allowance For Recorded Principal Allowance For Investment Balance Loan Losses Investment Balance Loan Losses Impaired Loans with No Related Allowance Recorded: Commercial: Commercial and industrial $ - $ - $ - $ 47 $ 126 $ - CRE - owner-occupied 2,063 2,242 - 2,753 2,841 - CRE - investor income producing 445 445 - 844 915 - AC&D - 1-4 family construction - - - - - - AC&D - lots, land & development 998 1,116 881 970 - AC&D - CRE - - - - - Other commercial - - - - - - Total commercial loans 3,506 3,803 - 4,525 4,852 - Consumer: Residential mortgage 634 666 - 1,135 1,222 - HELOC 341 601 - 756 1,256 - Residential construction 247 376 - 341 415 - Other loans to individuals - - - - - - Total consumer loans 1,222 1,643 - 2,232 2,893 - Total impaired loans with no related allowance recorded $ 4,728 $ 5,446 $ - $ 6,757 $ 7,745 $ - Impaired Loans with an Allowance Recorded: Commercial: Commercial and industrial $ - $ - $ - $ 329 $ 348 $ 44 CRE - owner-occupied - - - 136 141 18 CRE - investor income producing - - 427 442 57 AC&D - 1-4 family construction - - - - - - AC&D - lots, land & development - - - 192 217 11 AC&D - CRE - - - - - - Other commercial - - - 143 159 19 Total commercial loans - - - 1,227 1,307 149 Consumer: Residential mortgage 636 658 45 1,390 1,439 138 HELOC 1,225 1,248 282 1,725 1,777 382 Residential construction - - - 28 33 4 Other loans to individuals - - - 90 90 12 Total consumer loans 1,861 1,906 327 3,233 3,339 536 Total impaired loans with an allowance recorded $ 1,861 $ 1,906 $ 327 $ 4,460 $ 4,646 $ 685 Total Impaired Loans Individually Reviewed for Impairment Commercial: Commercial and industrial $ - $ - $ - $ 376 $ 474 $ 44 CRE - owner-occupied 2,063 2,242 - 2,889 2,982 18 CRE - investor income producing 445 445 - 1,271 1,357 57 AC&D - 1-4 family construction - - - - - - AC&D - lots, land & development 998 1,116 - 1,073 1,187 11 AC&D - CRE - - - - - - Other commercial - - - 143 159 19 Total commercial loans 3,506 3,803 - 5,752 6,159 149 Consumer: Residential mortgage 1,270 1,324 45 2,525 2,661 138 HELOC 1,566 1,849 282 2,481 3,033 382 Residential construction 247 376 - 369 448 4 Other loans to individuals - - - 90 90 12 Total consumer loans 3,083 3,549 327 5,465 6,232 536 Total Impaired Loans Individually Reviewed for Impairment $ 6,589 $ 7,352 $ 327 $ 11,217 $ 12,391 $ 685 Other Impaired Loans $ 2,877 $ 3,292 $ 615 $ - $ - $ - During the three and nine months ended September 30, 2015, the Company recognized $50 thousand and $153 thousand, respectively, of interest income with respect to impaired loans, specifically accruing TDRs, within the period the loans were impaired. During the three and nine months ended September 30, 2014, the Company recognized $78 thousand and $293 thousand, respectively, in interest income with respect to impaired loans. The average recorded investment and interest income recognized on individually reviewed impaired loans, by class, for the three and nine months ended September 30, 2015 and 2014 are shown in the table below. Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Average Interest Average Interest Average Interest Average Interest Recorded Income Recorded Income Recorded Income Recorded Income Investment Recognized Investment Recognized Investment Recognized Investment Recognized Impaired Loans with No Related Allowance Recorded: Commercial: Commercial and industrial $ - $ - $ 507 $ 4 $ - $ - $ 418 $ 14 CRE - owner-occupied 2,090 - 2,876 8 2,286 - 2,513 34 CRE - investor income producing 449 6 1,060 7 599 19 656 23 AC&D - 1-4 family construction - - - - - - - - AC&D - lots, land & development 1,009 14 1,086 20 940 40 1,489 98 AC&D - CRE - - - - - - - - Other commercial - - - - - - 90 - Total commercial loans 3,548 20 5,529 39 3,825 59 5,166 169 Consumer: Residential mortgage 643 - 1,172 - 850 - 2,348 - Home equity lines of credit 345 7 1,380 6 437 9 1,525 19 Residential construction 247 - 18 - 266 - 16 - Other loans to individuals - - - - - - 35 - Total consumer loans 1,235 7 2,570 6 1,553 9 3,924 19 Total impaired loans with no related allowance recorded $ 4,783 $ 27 $ 8,099 $ 45 $ 5,378 $ 68 $ 9,090 $ 188 Impaired Loans with an Allowance Recorded: Commercial: Commercial and industrial $ - $ - $ 281 $ - $ - $ - $ 178 $ 1 CRE - owner-occupied - - 175 4 - - 147 7 CRE - investor income producing - - 366 - - - 1,532 - AC&D - 1-4 family construction - - - - - - 19 - AC&D - lots, land & development - - 48 - 92 3 29 - AC&D - CRE - - - - - - - - Other commercial - - 257 - - - 147 5 Total commercial loans - - 1,127 4 92 3 2,052 13 Consumer: Residential mortgage 636 4 1,963 16 677 18 1,651 55 Home equity lines of credit 1,225 10 1,836 12 1,226 31 1,624 35 Residential construction - - 607 - - - 273 - Other loans to individuals - - 57 1 - - 24 2 Total consumer loans 1,861 14 4,463 29 1,903 49 3,572 92 Total impaired loans with an allowance recorded $ 1,861 $ 14 $ 5,590 $ 33 $ 1,995 $ 52 $ 5,624 $ 105 Total Impaired Loans Individually Reviewed for Impairment Commercial: Commercial and industrial $ - $ - $ 788 $ 4 $ - $ - $ 596 $ 15 CRE - owner-occupied 2,090 - 3,051 12 2,286 - 2,660 41 CRE - investor income producing 449 6 1,426 7 599 19 2,188 23 AC&D - 1-4 family construction - - - - - - 19 - AC&D - lots, land & development 1,009 14 1,134 20 1,032 43 1,518 98 AC&D - CRE - - - - - - - - Other commercial - - 257 - - - 237 5 Total commercial loans 3,548 20 6,656 43 3,917 62 7,218 182 Consumer: Residential mortgage 1,279 4 3,135 16 1,527 18 3,999 55 Home equity lines of credit 1,570 17 3,216 18 1,663 40 3,149 54 Residential construction 247 - 625 - 266 - 289 - Other loans to individuals - - 57 1 - - 59 2 Total consumer loans 3,096 21 7,033 35 3,456 58 7,496 111 Total Impaired Loans Individually Reviewed for Impairment $ 6,644 $ 41 $ 13,689 $ 78 $ 7,373 $ 120 $ 14,714 $ 293 Other Impaired Loans $ 2,865 $ 9 $ - $ - $ 2,890 $ 33 $ - $ - Nonaccrual and Past Due Loans - September 30, December 31, 2015 2014 Commercial: Commercial and industrial $ 100 $ 329 CRE - owner-occupied 2,063 1,616 CRE - investor income producing 494 680 AC&D - lots, land & development 6 7 Total commercial loans 2,663 2,632 Consumer: Residential mortgage 1,244 1,549 HELOC 826 1,022 Residential construction 526 341 Other loans to individuals 83 41 Total consumer loans 2,679 2,953 Total nonaccrual loans $ 5,342 $ 5,585 Purchased Credit-Impaired Loans – A summary of changes in the accretable yield for PCI loans for the nine months ended September 30, |