Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 5 – Loans and Allowance for Loan Losses March 31, 2016 December 31, 2015 PCI loans All other loans Total PCI loans All other loans Total Commercial: Commercial and industrial $ 5,365 $ 328,662 $ 334,027 $ 4,825 $ 242,082 $ 246,907 Commercial real estate (CRE) - owner-occupied 21,569 352,859 374,428 21,388 309,834 331,222 CRE - investor income producing 36,477 687,062 723,539 32,371 473,739 506,110 AC&D - 1-4 family construction 937 96,677 97,614 465 31,797 32,262 AC&D - lots, land & development 6,159 82,333 88,492 4,797 39,614 44,411 AC&D - CRE 3,767 132,794 136,561 - 87,452 87,452 Other commercial 1,843 8,324 10,167 1,870 6,731 8,601 Total commercial loans 76,117 1,688,711 1,764,828 65,716 1,191,249 1,256,965 Consumer: Residential mortgage 24,173 211,564 235,737 23,420 200,464 223,884 Home equity lines of credit (HELOC) 1,849 175,745 177,594 1,580 155,798 157,378 Residential construction 3,440 67,677 71,117 3,685 68,486 72,171 Other loans to individuals 526 26,719 27,245 516 28,300 28,816 Total consumer loans 29,988 481,705 511,693 29,201 453,048 482,249 Total loans 106,105 2,170,416 2,276,521 94,917 1,644,297 1,739,214 Deferred costs - 2,622 2,622 - 2,601 2,601 Total loans, net of deferred costs $ 106,105 $ 2,173,038 $ 2,279,143 $ 94,917 $ 1,646,898 $ 1,741,815 Included in the March 31, 2016 and December 31, 2015 loan totals are $16.8 million and $17.7 million, respectively, of covered loans pursuant to Federal Deposit Insurance Corporation (“FDIC”) loss share agreements. Of these amounts, at March 31, 2016, approximately $14.9 million is included in PCI loans and $1.9 million is included in all other loans. At December 31, 2015, $15.6 million is included in PCI loans and $2.1 million is included in all other loans. At March 31, 2016 and December 31, 2015, the Company had sold participations in loans aggregating $25.6 million and $12.5 million, respectively, to other financial institutions on a nonrecourse basis. Of the $25.6 million in participation loans outstanding at March 31, 2016, $13.1 million were acquired in connection with the First Capital merger. Collections on loan participations and remittances to participating institutions conform to customary banking practices. 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. The Company serviced $2.6 million and $2.8 million of residential mortgage loans for the benefit of others as of March 31, 2016 and December 31, 2015, 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 of the loans have ever been returned to the Company, the amount of total loans sold does not necessarily represent future cash requirements. Total loans sold in the three months ended March 31, 2016 were $17.6 million. Total loans sold in the three months ended March 31, 2015 were $25.6 million. At March 31, 2016, the carrying value of loans pledged as collateral to the FHLB on borrowings and to the Federal Reserve totaled $805.5 million. At December 31, 2015, the carrying value of loans pledged as collateral to the FHLB and the Federal Reserve totaled $693.0 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 March 31, 2016 Allowance for Loan Losses: Balance, beginning of period $ 1,821 $ 1,135 $ 2,099 $ 247 $ 278 $ 679 $ 69 $ 672 $ 1,337 $ 461 $ 266 $ 9,064 Provision for loan losses 217 (27 ) 103 130 86 129 (40 ) 25 (35 ) (27 ) (5 ) 556 Charge-offs (14 ) - - - - - - (17 ) - (11 ) (40 ) (82 ) Recoveries 23 - 15 4 34 - 38 44 91 26 19 294 Net (charge-offs) recoveries 9 - 15 4 34 - 38 27 91 15 (21 ) 212 Balance, end of period $ 2,047 $ 1,108 $ 2,217 $ 381 $ 398 $ 808 $ 67 $ 724 $ 1,393 $ 449 $ 240 $ 9,832 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 $ 2,047 $ 1,108 $ 2,217 $ 381 $ 398 $ 808 $ 67 $ 724 $ 1,393 $ 449 $ 240 $ 9,832 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 March 31, 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 519 59 38 (317 ) (536 ) 80 6 151 193 (10 ) (3 ) 180 Charge-offs (87 ) - - - - - - (71 ) (13 ) (75 ) (19 ) (265 ) Recoveries 50 1 199 - 124 - - 8 12 1 18 413 Net (charge-offs) recoveries (37 ) 1 199 - 124 - - (63 ) (1 ) (74 ) (1 ) 148 Balance, end of period $ 2,045 $ 781 $ 1,988 $ 141 $ 179 $ 475 $ 38 $ 531 $ 1,843 $ 458 $ 111 $ 8,590 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 $ 2,045 $ 781 $ 1,988 $ 141 $ 179 $ 475 $ 38 $ 531 $ 1,843 $ 458 $ 111 $ 8,590 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 March 31, 2016 and December 31, 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 Residential mortgage HELOC Residential construction Other loans to individuals Total At March 31, 2016 Allowance for Loan Losses: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - $ 191 $ 1 $ - $ 192 Collectively evaluated for impairment 2,047 1,108 2,217 381 398 808 67 724 1,202 448 240 9,640 2,047 1,108 2,217 381 398 808 67 724 1,393 449 240 9,832 Purchased credit-impaired - - - - - - - - - - - - Total $ 2,047 $ 1,108 $ 2,217 $ 381 $ 398 $ 808 $ 67 $ 724 $ 1,393 $ 449 $ 240 $ 9,832 Recorded Investment in Loans: Individually evaluated for impairment $ 898 $ 1,647 $ 892 $ - $ 704 $ - $ 211 $ 2,063 $ 1,379 $ 242 $ - $ 8,036 Collectively evaluated for impairment 327,764 351,212 686,170 96,677 81,629 132,794 8,113 209,501 174,366 67,435 26,719 2,162,380 328,662 352,859 687,062 96,677 82,333 132,794 8,324 211,564 175,745 67,677 26,719 2,170,416 Purchased credit-impaired 5,365 21,569 36,477 937 6,159 3,767 1,843 24,173 1,849 3,440 526 106,105 Total $ 334,027 $ 374,428 $ 723,539 $ 97,614 $ 88,492 $ 136,561 $ 10,167 $ 235,737 $ 177,594 $ 71,117 $ 27,245 $ 2,276,521 At December 31, 2015 Allowance for Loan Losses: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - $ 192 $ - $ - $ 192 Collectively evaluated for impairment 1,821 1,135 2,099 247 278 679 69 672 1,145 461 266 8,872 1,821 1,135 2,099 247 278 679 69 672 1,337 461 266 9,064 Purchased credit-impaired - - - - - - - - - - - - Total $ 1,821 $ 1,135 $ 2,099 $ 247 $ 278 $ 679 $ 69 $ 672 $ 1,337 $ 461 $ 266 $ 9,064 Recorded Investment in Loans: Individually evaluated for impairment $ - $ 1,266 $ 440 $ - $ 723 $ - $ - $ 1,304 $ 1,381 $ 238 $ - $ 5,352 Collectively evaluated for impairment 242,082 308,568 473,299 31,797 38,891 87,452 6,731 199,160 154,417 68,248 28,300 1,638,945 242,082 309,834 473,739 31,797 39,614 87,452 6,731 200,464 155,798 68,486 28,300 1,644,297 Purchased credit-impaired 4,825 21,388 32,371 465 4,797 - 1,870 23,420 1,580 3,685 516 94,917 Total $ 246,907 $ 331,222 $ 506,110 $ 32,262 $ 44,411 $ 87,452 $ 8,601 $ 223,884 $ 157,378 $ 72,171 $ 28,816 $ 1,739,214 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. 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 appropriate historical loss period which best reflects the inherent loss in the applicable portfolio considering prevailing market conditions. The historic look back periods utilized by management for all loan types was 15 quarters at both March 31, 2016 and December 31, 2015. 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. This analysis indicated a need for a $195 thousand and $178 thousand provision for loan losses for the purchased performing portfolio for the three months ended March 31, 2016 and December 31, 2015, respectively. The remaining mark on the purchased performing loan portfolio was $6.1 million and $2.1 million at March 31, 2016 and December 31, 2015, respectively. Approximately $4.2 million of the remaining mark on the purchased performing loan portfolio was associated with the First Capital merger. 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 above) as well as environmental factors not specifically identified above. 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 PCI loans. There were no outstanding reserves on PCI loans as of March 31, 2016 and December 31, 2015. 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, 2015 to March 31, 2016 was a function of the following: (1) a decrease of $762 thousand in the quantitative component of the allowance due to a decrease in historical loss rates applied to the portfolio as older periods with higher rates of net charge-offs are replaced with more recent periods with higher rates of net recoveries; and (2) an increase of $1.5 million in the qualitative component of the allowance primarily due to organic loan growth as well as additional provision recorded for the purchased performing loans. There were no changes in specific reserves for the quarter ended March 31, 2016. 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 March 31, 2016 and December 31, 2015, $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. 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 March 31, 2016 and December 31, 2015, by loan class and by credit quality indicator. As of March 31, 2016 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 $ 328,405 $ 364,042 $ 718,890 $ 97,614 $ 87,568 $ 136,561 $ 9,824 $ 1,742,904 Special mention 2,207 8,569 2,715 - 388 - - 13,879 Classified 3,415 1,817 1,934 - 536 - 343 8,045 Total $ 334,027 $ 374,428 $ 723,539 $ 97,614 $ 88,492 $ 136,561 $ 10,167 $ 1,764,828 Residential mortgage HELOC Residential construction Other loans to individuals Total Consumer Pass $ 229,442 $ 170,087 $ 70,166 $ 27,142 $ 496,837 Special mention 3,860 6,435 873 18 11,186 Classified 2,435 1,072 78 85 3,670 Total $ 235,737 $ 177,594 $ 71,117 $ 27,245 $ 511,693 Total Loans $ 2,276,521 As of December 31, 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 $ 243,228 $ 316,706 $ 500,964 $ 32,262 $ 43,454 $ 87,452 $ 8,467 $ 1,232,533 Special mention 3,571 11,986 3,824 - 404 - - 19,785 Classified 108 2,530 1,322 - 553 - 134 4,647 Total $ 246,907 $ 331,222 $ 506,110 $ 32,262 $ 44,411 $ 87,452 $ 8,601 $ 1,256,965 Residential mortgage HELOC Residential construction Other loans to individuals Total Consumer Pass $ 217,463 $ 150,217 $ 71,225 $ 28,762 $ 467,667 Special mention 4,690 6,213 457 23 11,383 Classified 1,731 948 489 31 3,199 Total $ 223,884 $ 157,378 $ 72,171 $ 28,816 $ 482,249 Total Loans $ 1,739,214 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 March 31, 2016 Commercial: Commercial and industrial $ 41 $ 2 $ 1,015 $ 5,365 $ 327,604 $ 334,027 CRE - owner-occupied 96 1,268 176 21,569 351,319 374,428 CRE - investor income producing 35 226 662 36,477 686,139 723,539 AC&D - 1-4 family construction - - - 937 96,677 97,614 AC&D - lots, land & development - - - 6,159 82,333 88,492 AC&D - CRE - - - 3,767 132,794 136,561 Other commercial - - 211 1,843 8,113 10,167 Total commercial loans 172 1,496 2,064 76,117 1,684,979 1,764,828 Consumer: Residential mortgage 1,318 50 275 24,173 209,921 235,737 HELOC 155 122 285 1,849 175,183 177,594 Residential construction - 428 300 3,440 66,949 71,117 Other loans to individuals 81 9 - 526 26,629 27,245 Total consumer loans 1,554 609 860 29,988 478,682 511,693 Total loans $ 1,726 $ 2,105 $ 2,924 $ 106,105 $ 2,163,661 $ 2,276,521 As of December 31, 2015 Commercial: Commercial and industrial $ 18 $ 28 $ 78 $ 4,825 $ 241,958 $ 246,907 CRE - owner-occupied 1,273 - 176 21,388 308,385 331,222 CRE - investor income producing - - 1,369 32,371 472,370 506,110 AC&D - 1-4 family construction - - - 465 31,797 32,262 AC&D - lots, land & development - - - 4,797 39,614 44,411 AC&D - CRE - - - - 87,452 87,452 Other commercial - 212 - 1,870 6,519 8,601 Total commercial loans 1,291 240 1,623 65,716 1,188,095 1,256,965 Consumer: Residential mortgage 48 1,037 1,023 23,420 198,356 223,884 HELOC 132 139 204 1,580 155,323 157,378 Residential construction 12 - 306 3,685 68,168 72,171 Other loans to individuals 284 51 - 516 27,965 28,816 Total consumer loans 476 1,227 1,533 29,201 449,812 482,249 Total loans $ 1,767 $ 1,467 $ 3,156 $ 94,917 $ 1,637,907 $ 1,739,214 Impaired Loans The table below presents impaired loans, by class, and the corresponding allowance for loan losses at March 31, 2016 and December 31, 2015: March 31, 2016 December 31, 2015 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 Commercial: Commercial and industrial $ 898 $ 898 $ - $ - $ - $ - CRE - owner-occupied 1,647 1,682 - 1,266 1,312 - CRE - investor income producing 892 934 - 440 440 - AC&D - 1-4 family construction - - - - - - AC&D - lots, land & development 704 824 - 723 842 - AC&D - CRE - - - - - - Other commercial 211 211 - - - - Total commercial loans 4,352 4,549 - 2,429 2,594 - Consumer: Residential mortgage 1,786 1,791 - 1,304 1,339 - HELOC 155 277 - 157 278 - Residential construction 242 242 - 238 376 - Other loans to individuals - - - - - - Total consumer loans 2,183 2,310 - 1,699 1,993 - Total impaired loans with no related allowance recorded $ 6,535 $ 6,859 $ - $ 4,128 $ 4,587 $ - Impaired Loans with an Commercial: 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 loans - - - - - - Consumer: Residential mortgage 277 280 1 - - - HELOC 1,224 1,247 191 1,224 1,248 192 Residential construction - - - - - - Other loans to individuals - - - - - - Total consumer loans 1,501 1,527 192 1,224 1,248 192 Total impaired loans with an allowance recorded $ 1,501 $ 1,527 $ 192 $ 1,224 $ 1,248 $ 192 Total Impaired Loans Individually Commercial: Commercial and industrial $ 898 $ 898 $ - $ - $ - $ - CRE - owner-occupied 1,647 1,682 - 1,266 1,312 - CRE - investor income producing 892 934 - 440 440 - AC&D - 1-4 family construction - - - - - - AC&D - lots, land & development 704 824 - 723 842 - AC&D - CRE - - - - - - Other commercial 211 211 - - - - Total commercial loans 4,352 4,549 - 2,429 2,594 - Consumer: Residential mortgage 2,063 2,071 1 1,304 1,339 - HELOC 1,379 1,524 191 1,381 1,526 192 Residential construction 242 242 - 238 376 - Other loans to individuals - - - - - - Total consumer loans 3,684 3,837 192 2,923 3,241 192 Total Impaired Loans Individually $ 8,036 $ 8,386 $ 192 $ 5,352 $ 5,835 $ 192 Impaired Loans Collectively $ 2,180 $ 2,563 $ 328 $ 2,429 $ 2,863 $ 368 During the three months ended March 31, 2016 and 2015, the Company recognized $43 thousand and $56 thousand, respectively, of interest income with respect to impaired loans, specifically accruing TDRs, within the period the loans were impaired. The average recorded investment and interest income recognized on impaired loans, by class, for the three months ended March 31, 2016 and March 31, 2015 are shown in the table below. Three Months Ended March 31, 2016 2015 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Impaired Loans with No Related Commercial: Commercial and industrial $ 449 $ - $ 47 $ 1 CRE - owner-occupied 1,456 - 2,482 - CRE - investor income producing 666 7 795 8 AC&D - 1-4 family construction - - - - AC&D - lots, land & development 713 11 871 12 AC&D - CRE - - - - Other commercial 106 - - - Total commercial loans 3,390 18 4,195 21 Consumer: Residential mortgage 1,545 5 1,201 - Home equity lines of credit 156 - 747 3 Residential construction 240 4 294 - Other loans to individuals - - - - Total consumer loans 1,941 9 2,242 3 Total impaired loans with no related allowance recorded $ 5,331 $ 27 $ 6,437 $ 24 Impaired Loans with an Commercial: Commercial and industrial $ - $ - $ 285 $ - CRE - owner-occupied - - 68 - CRE - investor income producing - - 468 2 AC&D - 1-4 family construction - - - - AC&D - lots, land & development - - 190 3 AC&D - CRE - - - - Other commercial - - 142 4 Total commercial loans - - 1,153 9 Consumer: Residential mortgage 139 - 1,437 8 Home equity lines of credit 1,224 9 1,782 13 Residential construction - - 120 1 Other loans to individuals - - 87 1 Total consumer loans 1,363 9 3,426 23 Total impaired loans with an allowance recorded $ 1,363 $ 9 $ 4,579 $ 32 Total Impaired Loans Individually Commercial: Commercial and industrial $ 449 $ - $ 332 $ 1 CRE - owner-occupied 1,456 - 2,550 - CRE - investor income producing 666 7 1,263 10 AC&D - 1-4 family construction - - - - AC&D - lots, land & development 713 11 1,061 15 AC&D - CRE - - - - Other commercial 106 - 142 4 Total commercial loans 3,390 18 5,348 30 Consumer: Residential mortgage 1,684 5 2,638 8 Home equity lines of credit 1,380 9 2,529 16 Residential construction 240 4 414 1 Other loans to individuals - - 87 1 Total consumer loans 3,304 18 5,668 26 Total Impaired Loans Individually $ 6,694 $ 36 $ 11,016 $ 56 Impaired Loans Collectively $ 2,678 $ 7 $ - $ - Nonaccrual and Past Due Loans - March 31, December 31, 2016 2015 Commercial: Commercial and industrial $ 1,008 $ 97 CRE - owner-occupied 1,646 1,266 CRE - investor income producing 760 318 AC&D - lots, land & development 5 6 Other commercial 211 - Total commercial loans 3,630 1,687 Consumer: Residential mortgage 2,021 1,333 HELOC 805 762 Residential construction 57 467 Other loans to individuals 82 77 Total consumer loans 2,965 2,639 Total nonaccrual loans $ 6,595 $ 4,326 Purchased Credit-Impa ired Loans – In conjunction with the First Capital acquisition, the PCI loan portfolio was accounted for at fair value as follows: January 1, 2016 Contractual principal and interest at acquisition $ 23,023 Nonaccretable difference (3,120 ) Expected cash flows at acquisition 19,903 Accretable yield (1,663 ) Basis in PCI loans at acquisition - estimated fair value $ 18,240 A summary of changes in the accretable yield for PCI loans for the three months ended March 31, 2016 and 2015 follows: Three Months Ended March 31, 2016 2015 Accretable yield, beginning of period $ 32,509 $ 40,540 Addition from the First Capital acquisition 1,663 - Servicing income (1,753 ) (1,886 ) Accretion to interest income (1,269 ) (1,465 ) Reclassification of nonaccretable difference due to improvement in expected cash flows 993 1,155 Other changes, net (99 ) 121 Accretable yield, end of period $ 32,044 $ 38,465 Troubled Debt Restructuring - As of March 31, 2016, the Company had 11 TDR loans totaling $3.2 million, of which $471 thousand are nonaccrual loans. As of December 31, 2015, the Company had 14 TDR loans totaling $3.3 million, of which $466 thousand are nonaccrual loans. The Company had allocated $192 thousand of specific reserves to customers whose loan terms have been modified in a TDR as of March 31, 2016 and December 31, 2015. There were no concessions made during the three months ended March 31, 2016. The following table represents a breakdown of the types of concessions made by loan class for the three months ended March 31, 2015. Three months ended March 31, 2015 Number of loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Extended payment terms CRE- owner-occupied 1 $ 88 $ 88 CRE - investor income producing 1 212 212 Residential mortgage 1 12 12 Total 3 $ 312 $ 312 Commercial TDRs Consumer TDRs There were no loans modified as TDRs within the 12 months ended March 31, 2016 for which there was a payment default during the three months ended March 31, 2016. One loan was modified as a commercial TDR within the 12 months ended March 31, 2015 for which there was a payment default during the three months ended March 31, 2015, as listed below. Three months ended March 31, 2015 Number of loans Recorded Investment Extended payment terms CRE - investor income producing 1 $ 88 Total 1 $ 88 The Company does not deem a TDR successful until it has been re-established as an accruing loan. The following table presents the successes and failures of the types of modifications indicated within the 12 months ended March 31, 2016 and 2015: Twelve Months Ended March 31, 2016 Paid in full Paying as restructured Foreclosure/Default Number of loans Recorded Investment Number of loans Recorded Investment Number of loans Recorded Investment Extended payment terms - $ - 1 $ 15 - $ - Total - $ - 1 $ 15 - $ - Twelve Months Ended March 31, 2015 Paid in full Paying as restructured Foreclosure/Default Number of loans Recorded Investment Number of loans Recorded Investment Number of loans Recorded Investment Below market interest rate - $ - 1 $ 182 - $ - Extended payment terms - - 4 867 1 88 Total - $ - 5 $ 1,049 1 $ 88 Related Party Loans – Loans to Directors, Executive Officers and Their Related Interests Three Months Ended March 31, 2016 2015 Beginning balance $ 14,404 $ 14,040 Disbursements 350 331 Repayments (786 ) (538 ) Ending balance $ 13,968 $ 13,833 At March 31, 2016 and December 31, 2015, the Company had pre-approved but unused lines of credit totaling $2.8 million and $2.9 million, respectively, to related parties. In addition to related party loans, the Company engages in deposit transactions with its directors, executive officers and their related interests. Such deposits are made in the ordinary course of business and on substantially the same terms as those for comparable transactions prevailing at the time and do not present other unfavorable features. The total amount of related party deposits at March 31, 2016 and December 31, 2015 was $10.2 million and $11.5 million, respectively. |