Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended | |
Sep. 30, 2013 | Nov. 04, 2013 | |
Document And Entity Information [Abstract] | ' | ' |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 30-Sep-13 | ' |
Document Fiscal Year Focus | '2013 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Entity Registrant Name | 'UWHARRIE CAPITAL CORP | ' |
Entity Central Index Key | '0000898171 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Common Stock, Shares Outstanding | ' | 7,471,204 |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | |
In Thousands, unless otherwise specified | |||
ASSETS | ' | ' | |
Cash and due from banks | $7,065 | $8,877 | [1] |
Interest-earning deposits with banks | 49,651 | 72,851 | [1] |
Securities available for sale, at fair value | 123,126 | 91,638 | [1] |
Loans held for sale | 560 | 5,373 | [1] |
Loans: | ' | ' | |
Loans held for investment | 312,148 | 329,183 | [1] |
Less allowance for loan losses | -5,259 | -6,801 | [1] |
Net loans held for investment | 306,889 | 322,382 | [1] |
Premises and equipment, net | 13,885 | 14,952 | [1] |
Interest receivable | 1,618 | 1,753 | [1] |
Restricted stock | 1,319 | 2,265 | [1] |
Bank owned life insurance | 6,486 | 6,394 | [1] |
Other real estate owned | 9,264 | 8,713 | [1] |
Prepaid assets | 782 | 635 | [1] |
Other assets | 10,337 | 9,174 | [1] |
Total assets | 530,982 | 545,007 | [1] |
Deposits: | ' | ' | |
Demand noninterest-bearing | 78,694 | 70,347 | [1] |
Interest checking and money market accounts | 225,546 | 211,066 | [1] |
Savings deposits | 46,928 | 43,336 | [1] |
Time deposits, $100,000 and over | 45,910 | 53,449 | [1] |
Other time deposits | 65,906 | 79,414 | [1] |
Total deposits | 462,984 | 457,612 | [1] |
Short-term borrowed funds | 6,004 | 18,690 | [1] |
Long-term debt | 11,165 | 12,673 | [1] |
Interest payable | 231 | 270 | [1] |
Other liabilities | 7,521 | 11,449 | [1] |
Total liabilities | 487,905 | 500,694 | [1] |
Off balance sheet items, commitments and contingencies (Note 9) | ' | ' | [1] |
SHAREHOLDERS' EQUITY | ' | ' | |
Discount on preferred stock | -25 | -100 | [1] |
Common stock, $1.25 par value: 20,000,000 shares issued authorized; shares issued and outstanding 7,471,204 and 7,502,496 shares, respectively | 9,339 | 9,378 | [1] |
Additional paid-in capital | 12,049 | 12,201 | [1] |
Unearned ESOP compensation | -874 | -875 | [1] |
Undivided profits | 10,658 | 10,138 | [1] |
Accumulated other comprehensive income (loss) | -234 | 1,487 | [1] |
Total Uwharrie Capital shareholders' equity | 33,671 | 42,729 | [1] |
Noncontrolling interest | 7,759 | ' | |
Total shareholders' equity | 41,430 | 42,729 | [1] |
Total liabilities and shareholders' equity | 530,982 | 545,007 | [1] |
Common Stock [Member] | Employee Stock Ownership Plan (ESOP) [Member] | ' | ' | |
Deposits: | ' | ' | |
Redeemable common stock held by the Employee Stock Ownership Plan (ESOP) | 1,647 | 1,584 | [1] |
Preferred Stock Series A [Member] | ' | ' | |
SHAREHOLDERS' EQUITY | ' | ' | |
Preferred stock | 2,258 | 10,000 | [1] |
Preferred Stock Series B [Member] | ' | ' | |
SHAREHOLDERS' EQUITY | ' | ' | |
Preferred stock | $500 | $500 | [1] |
[1] | Derived from audited consolidated financial statements |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | |
Preferred stock, par value | ' | ' | [1] |
Preferred stock, shares authorized | 10,000,000 | 10,000,000 | [1] |
Common stock, par value | $1.25 | $1.25 | [1] |
Common stock, shares authorized | 20,000,000 | 20,000,000 | [1] |
Common stock, shares issued | 7,471,204 | 7,502,496 | [1] |
Common stock, shares outstanding | 7,471,204 | 7,502,496 | [1] |
Preferred Stock Series A [Member] | ' | ' | |
Preferred stock, shares issued | 2,258 | 10,000 | [1] |
Preferred stock, shares outstanding | 2,258 | 10,000 | [1] |
Preferred Stock Series B [Member] | ' | ' | |
Preferred stock, shares issued | 500 | 500 | [1] |
Preferred stock, shares outstanding | 500 | 500 | [1] |
[1] | Derived from audited consolidated financial statements |
Consolidated_Statements_of_Inc
Consolidated Statements of Income (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 |
Interest Income | ' | ' | ' | ' |
Loans, including fees | $4,368 | $4,809 | $13,244 | $14,957 |
Investment securities | ' | ' | ' | ' |
US Treasury | 103 | 145 | 296 | 432 |
US Government agencies and corporations | 322 | 375 | 703 | 768 |
State and political subdivisions | 61 | 75 | 189 | 255 |
Interest-earning deposits with banks and federal funds sold | 24 | 29 | 133 | 101 |
Total interest income | 4,878 | 5,433 | 14,565 | 16,513 |
Interest Expense | ' | ' | ' | ' |
Interest checking and money market accounts | 110 | 129 | 338 | 414 |
Savings deposits | 47 | 49 | 131 | 154 |
Time deposits, $100,000 and over | 135 | 195 | 462 | 610 |
Other time deposits | 162 | 250 | 557 | 770 |
Short-term borrowed funds | 19 | 98 | 142 | 253 |
Long-term debt | 164 | 180 | 501 | 621 |
Total interest expense | 637 | 901 | 2,131 | 2,822 |
Net interest income | 4,241 | 4,532 | 12,434 | 13,691 |
Provision for (recovery of) loan losses | 227 | 391 | -547 | 1,094 |
Net interest income after provision (recovery of) for loan losses | 4,014 | 4,141 | 12,981 | 12,597 |
Noninterest Income | ' | ' | ' | ' |
Service charges on deposit accounts | 408 | 450 | 1,205 | 1,318 |
Other service fees and commissions | 870 | 801 | 2,504 | 2,392 |
Gain on sale of securities (includes reclassification of $14 from accumulated other comprehensive income) | 0 | ' | 14 | 16 |
Gain (loss) on fixed assets and other assets | 53 | -80 | 278 | 216 |
Income from mortgage loan sales | 361 | 1,102 | 1,843 | 2,578 |
Other income | 118 | 107 | 342 | 345 |
Total noninterest income | 1,810 | 2,380 | 6,186 | 6,865 |
Noninterest Expense | ' | ' | ' | ' |
Salaries and employee benefits | 3,037 | 3,215 | 9,189 | 9,478 |
Net occupancy expense | 295 | 293 | 845 | 863 |
Equipment expense | 180 | 185 | 534 | 556 |
Data processing costs | 186 | 204 | 578 | 638 |
Office supplies and printing | 76 | 93 | 187 | 245 |
Foreclosed real estate expense | 134 | 547 | 1,257 | 1,357 |
Professional fees and services | 306 | 295 | 787 | 467 |
Marketing and donations | 181 | 146 | 557 | 484 |
Electronic banking expense | 258 | 227 | 729 | 681 |
Software amortization and maintenance | 132 | 140 | 413 | 423 |
FDIC insurance | 124 | 173 | 421 | 518 |
Other noninterest expense | 649 | 632 | 1,975 | 1,828 |
Total noninterest expense | 5,558 | 6,150 | 17,472 | 17,538 |
Income before income taxes | 266 | 371 | 1,695 | 1,924 |
Income taxes (includes reclassification of $5 from accumulated other comprehensive income) | 48 | 109 | 557 | 561 |
Net income | 218 | 262 | 1,138 | 1,363 |
Less: net income attributable to noncontrolling Interest | -111 | ' | -328 | 0 |
Net income attributable to Uwharrie Capital Corp | 107 | 262 | 810 | 1,363 |
Dividends - preferred stock | -64 | -161 | -290 | -484 |
Net income available to common shareholders | $43 | $101 | $520 | $879 |
Net income per common share | ' | ' | ' | ' |
Basic | $0.01 | $0.01 | $0.07 | $0.12 |
Diluted | $0.01 | $0.01 | $0.07 | $0.12 |
Weighted average shares outstanding | ' | ' | ' | ' |
Basic | 7,268,763 | 7,379,657 | 7,287,482 | 7,416,453 |
Diluted | 7,268,763 | 7,379,657 | 7,287,482 | 7,416,453 |
Consolidated_Statements_of_Inc1
Consolidated Statements of Income (Parenthetical) (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
Income Statement [Abstract] | ' | ' |
Gain on sale of securities includes reclassification of accumulated other comprehensive income | $14 | $16 |
Amounts reclassified from accumulated other comprehensive income, net of tax | $5 | $6 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Statement Of Income And Comprehensive Income [Abstract] | ' | ' | ' | ' |
Net income | $218 | $262 | $1,138 | $1,363 |
Other comprehensive income (loss) | ' | ' | ' | ' |
Unrealized gain (loss) on available for sale securities | -91 | 414 | -2,641 | 366 |
Related tax effect | 30 | -143 | 916 | -126 |
Reclassification of (gain) loss recognized in net income | ' | ' | -14 | -16 |
Related tax effect | ' | ' | 5 | 6 |
Total other comprehensive income (loss) | -61 | 271 | -1,734 | 230 |
Comprehensive income (loss) | 157 | 533 | -596 | 1,593 |
Less: Comprehensive income (loss) attributable to noncontrolling interest | -111 | ' | -328 | ' |
Comprehensive income (loss) attributable to Uwharrie Capital | $46 | $533 | ($924) | $1,593 |
Consolidated_Statement_of_Chan
Consolidated Statement of Changes in Shareholders' Equity (USD $) | Total | Number Common Shares Issued [Member] | Preferred Stock Series A [Member] | Preferred Stock Series B [Member] | Discount on Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Unearned ESOP Compensation [Member] | Undivided Profits [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Noncontrolling Interest [Member] | |
In Thousands, except Share data | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | ||
Beginning balance at Dec. 31, 2012 | $42,729 | [1] | ' | $10,000 | $500 | ($100) | $9,378 | $12,201 | ($875) | $10,138 | $1,487 | ' |
Beginning balance, shares at Dec. 31, 2012 | 7,502,496 | [1] | 7,502,496 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net income | 1,138 | ' | ' | ' | ' | ' | ' | ' | 810 | ' | 328 | |
Repurchase of common stock | -92 | ' | ' | ' | ' | -39 | -53 | ' | ' | ' | ' | |
Repurchase of common stock, shares | ' | -31,292 | ' | ' | ' | ' | ' | ' | ' | ' | ' | |
Other comprehensive loss | -1,721 | ' | ' | ' | ' | ' | ' | ' | ' | -1,721 | ' | |
Release of ESOP shares | 34 | ' | ' | ' | ' | ' | -36 | 70 | ' | ' | ' | |
Increase in ESOP notes receivable | -69 | ' | ' | ' | ' | ' | ' | -69 | ' | ' | ' | |
Reclass to mezzanine capital | -63 | ' | ' | ' | ' | ' | -63 | ' | ' | ' | ' | |
Repayment of preferred stock series A | -7,742 | ' | -7,742 | ' | ' | ' | ' | ' | ' | ' | ' | |
Issuance of preferred stock series B (noncontrolling interest) | 7,855 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7,855 | |
Record costs of series B preferred stock (noncontrolling interest) | -113 | ' | ' | ' | ' | ' | ' | ' | ' | ' | -113 | |
Record preferred stock dividend series B (noncontrolling interest) | -311 | ' | ' | ' | ' | ' | ' | ' | ' | ' | -311 | |
Record preferred stock dividend and discount accretion | -215 | ' | ' | ' | 75 | ' | ' | ' | -290 | ' | ' | |
Ending balance at Sep. 30, 2013 | $41,430 | ' | $2,258 | $500 | ($25) | $9,339 | $12,049 | ($874) | $10,658 | ($234) | $7,759 | |
Ending balance, shares at Sep. 30, 2013 | 7,471,204 | 7,471,204 | ' | ' | ' | ' | ' | ' | ' | ' | ' | |
[1] | Derived from audited consolidated financial statements |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
Cash flows from operating activities | ' | ' |
Net income | $1,138 | $1,363 |
Adjustments to reconcile net income to net cash Provided by (used in) operating activities: | ' | ' |
Depreciation | 584 | 718 |
Net amortization of security premiums/discounts | 1,163 | 907 |
Net amortization of mortgage servicing rights | 619 | 609 |
Impairment of foreclosed real estate | 745 | 988 |
Impairment of recovery of other assets | -75 | 50 |
Provision for (recovery of) loan losses | -547 | 1,094 |
Stock compensation | ' | 3 |
Net realized gain on sales / calls available for sales securities | -14 | -16 |
Income from mortgage loan sales | -1,843 | -2,578 |
Proceeds from sales of loans held for sale | 67,218 | 89,969 |
Origination of loans held for sale | -60,562 | -86,458 |
Gain on sale of premises, equipment and other assets | -229 | -276 |
Increase in cash surrender value of life insurance | -92 | -183 |
(Gain) loss on sales of foreclosed real estate | -18 | 60 |
Release of ESOP shares | 34 | 35 |
Net change in interest receivable | 135 | 149 |
Net change in other assets | -576 | 137 |
Net change in interest payable | -39 | -24 |
Net change in other liabilities | 3,454 | 873 |
Net cash provided by operating activities | 11,095 | 7,420 |
Cash flows from investing activities | ' | ' |
Proceeds from sales, maturities and calls of securities available for sale | 11,413 | 19,215 |
Purchase of securities available for sale | -46,693 | -61,369 |
Net decrease in loans | 12,768 | 24,845 |
Proceeds from sales of premises, equipment and other assets | 949 | ' |
Purchase of premises and equipment | -237 | -610 |
Proceeds from sales of foreclosed real estate | 1,994 | 1,724 |
Investment in other assets | -356 | -260 |
Net decrease in restricted stock | 946 | 1,024 |
Net cash used in investing activities | -19,216 | -15,431 |
Cash flows from financing activities | ' | ' |
Net increase in deposit accounts | 5,372 | 19,062 |
Net decrease in short-term borrowed funds | -12,686 | -156 |
Net decrease in long-term debt | -1,508 | -12,557 |
Proceeds from preferred stock series B issued by subsidiaries | 360 | ' |
Repayment of preferred stock series A | -7,742 | ' |
Increase in unearned ESOP compensation | -69 | -176 |
Repurchase of common stock | -92 | -243 |
Dividend and discount accretion on preferred stock | -215 | -409 |
Dividend and cost accretion on noncontrolling interest | -311 | ' |
Net cash provided (used in) in financing activities | -16,891 | 5,521 |
Increase (decrease) in cash and cash equivalents | -25,012 | -2,490 |
Cash and cash equivalents, beginning of period | 81,728 | 28,687 |
Cash and cash equivalents, end of period | 56,716 | 26,197 |
Supplemental Disclosures of Cash Flow Information | ' | ' |
Interest paid | 2,170 | 2,846 |
Income taxes paid | 648 | 78 |
Supplemental Schedule of Non-Cash Activities | ' | ' |
Net change in fair value securities available for sale, net of tax | -1,721 | 230 |
Loans transferred to foreclosed real estate | 3,272 | 1,649 |
Company financed sales of other real estate owned | -213 | -188 |
Net change in ESOP liability | $63 | ' |
Basis_of_Presentation
Basis of Presentation | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Policies [Abstract] | ' |
Basis of Presentation | ' |
Note 1 – Basis of Presentation | |
The financial statements and accompanying notes are presented on a consolidated basis including Uwharrie Capital Corp (the “Company”) and its subsidiaries, Bank of Stanly (“Stanly”), Anson Bank & Trust Co. (“Anson”), Cabarrus Bank & Trust Company (“Cabarrus”), Strategic Investment Advisors, Inc. (“SIA”), and Uwharrie Mortgage Inc. Stanly consolidates its subsidiaries, the Strategic Alliance Corporation, BOS Agency, Inc. and Gateway Mortgage, Inc., each of which is wholly-owned by Stanly. On September 1, 2013, Anson and Cabarrus were consolidated into Stanly and effective September 1, 2013, Stanly’s name was changed to Uwharrie Bank (“Uwharrie”). | |
The information contained in the consolidated financial statements is unaudited. In the opinion of management, the consolidated financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”) and material adjustments necessary for a fair presentation of results of interim periods, all of which are of a normal recurring nature, have been made. The results of operations for the interim periods are not necessarily indicative of the results that may be expected for an entire year. Management is not aware of economic events, outside influences or changes in concentrations of business that would require additional clarification or disclosure in the consolidated financial statements. | |
The organization and business of the Company, accounting policies followed by the Company and other information are contained in the notes to consolidated financial statements filed as part of the Company’s 2012 Annual Report on Form 10-K. This Quarterly Report should be read in conjunction with such Annual Report. | |
Comprehensive_Income
Comprehensive Income | 9 Months Ended | ||||||||
Sep. 30, 2013 | |||||||||
Equity [Abstract] | ' | ||||||||
Comprehensive Income | ' | ||||||||
Note 2 – Comprehensive Income | |||||||||
The Company reports as comprehensive income all changes in shareholders’ equity during the year from sources other than shareholders. Other accumulated comprehensive income refers to all components (revenues, expenses, gains, and losses) of comprehensive income that are excluded from net income. The Company’s only component of accumulated other comprehensive income is unrealized gains and losses, net of income tax, on investment securities available for sale. The following table presents the changes in accumulated other comprehensive income for the three and nine months ending September 30, 2013: | |||||||||
Unrealized holding gains | |||||||||
on available-for-sale Securities (net) | |||||||||
Three months | Nine months | ||||||||
ended | ended | ||||||||
September 30, | September 30, | ||||||||
2013 | 2013 | ||||||||
(dollars in thousands) | |||||||||
Beginning Balance | $ | (173 | ) | $ | 1,487 | ||||
Other comprehensive income (loss) before reclassifications, net of $30,000 and $916,000 tax effect, respectively | (61 | ) | (1,712 | ) | |||||
Amounts reclassified from accumulated other Comprehensive income, net of $5,000 tax effect | — | (9 | ) | ||||||
Net current-period other comprehensive loss | (61 | ) | (1,721 | ) | |||||
Ending Balance | $ | (234 | ) | $ | (234 | ) | |||
Noncontrolling_Interest
Noncontrolling Interest | 9 Months Ended |
Sep. 30, 2013 | |
Noncontrolling Interest [Abstract] | ' |
Noncontrolling Interest | ' |
Note 3 – Noncontrolling Interest | |
During the third quarter of 2012, each of the Company’s subsidiary banks began a campaign to sell Fixed Rate Noncumulative Perpetual Preferred Stock, Series B to be issued by each subsidiary bank. The preferred stock qualifies as Tier 1 capital at each bank and will pay dividends at an annual rate of 5.30%. The preferred stock has no voting rights. The offerings ended on December 31, 2012 with Stanly raising $4.5 million, Anson raising $1.5 million and Cabarrus raising $1.9 million in new capital less total issuance costs of $113,000. These funds were held in an escrow account at December 31, 2012 and the new preferred stock was issued in January 2013. The total net amount of capital raised $7.7 million at the subsidiary bank level, consolidates up to the Company and is presented as noncontrolling interest in the consolidated balance sheets. Dividends declared on this preferred stock are presented as earnings allocated to the noncontrolling interest in the consolidated statements of income. Beginning September 1, 2013, the Fixed Rate Noncumulative Perpetual Preferred Stock, Series B has rolled into one issue under Uwharrie Bank effective with the consolidation and name change. | |
During the third quarter of 2013, the Company’s subsidiary bank, Uwharrie Bank, began a campaign to sell Fixed Rate Noncumulative Perpetual Preferred Stock, Series C to be issued by the subsidiary bank. The preferred stock qualifies as Tier 1 capital at the bank and will pay dividends at an annual rate of 5.30%. The preferred stock has no voting rights. The offering ended September 15, 2013 with Uwharrie raising $2.8 million in new capital less total issuance costs of $23,000. At September 30, 2013, these funds were held in an escrow account and the new preferred stock was issued on October 1, 2013. | |
Per_Share_Data
Per Share Data | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||||
Per Share Data | ' | ||||||||||||||||
Note 4 – Per Share Data | |||||||||||||||||
Basic and diluted net income per common share is computed based on the weighted average number of shares outstanding during each period after retroactively adjusting for stock dividends. Diluted net income per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the net income of the Company. For the three and nine months ended September 30, 2013, the Company’s 92,491 stock options outstanding did not have a dilutive effect on per share results because the exercise prices exceeded the share values for each period. The Company had 122,341 stock options outstanding for the three and nine months ended September 30, 2012, and they did not have a dilutive effect. | |||||||||||||||||
Basic and diluted net income per common share have been computed based upon net income available to common shareholders as presented in the accompanying consolidated statements of income divided by the weighted average number of common shares outstanding or assumed to be outstanding. The computation of basic and dilutive earnings per share is summarized below: | |||||||||||||||||
Three Months Ended | Nine Months Ended | ||||||||||||||||
September 30, | September 30, | ||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Weighted average number of common shares outstanding | 7,473,903 | 7,563,255 | 7,473,903 | 7,563,255 | |||||||||||||
Effect of ESOP shares | (205,140 | ) | (183,598 | ) | (186,421 | ) | (146,802 | ) | |||||||||
Adjusted weighted average number of common shares used in computing basic net income per common share | 7,268,763 | 7,379,657 | 7,287,482 | 7,416,453 | |||||||||||||
Effect of dilutive stock options | — | — | — | — | |||||||||||||
Weighted average number of common shares and dilutive potential common shares used in computing diluted net income per common share | 7,268,763 | 7,379,657 | 7,287,482 | 7,416,453 | |||||||||||||
Investment_Securities
Investment Securities | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Investments Debt And Equity Securities [Abstract] | ' | ||||||||||||||||||||||||
Investment Securities | ' | ||||||||||||||||||||||||
Note 5 – Investment Securities | |||||||||||||||||||||||||
Carrying amounts and fair values of securities available for sale are summarized below: | |||||||||||||||||||||||||
September 30, 2013 | Amortized | Gross | Gross | Fair Value | |||||||||||||||||||||
Cost | Unrealized | Unrealized | |||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
U.S. Treasury | $ | 23,522 | $ | 572 | $ | 222 | $ | 23,872 | |||||||||||||||||
U.S. Government agencies | 52,384 | 243 | 946 | 51,681 | |||||||||||||||||||||
GSE – Mortgage-backed securities and CMO’s | 40,235 | 229 | 630 | 39,834 | |||||||||||||||||||||
State and political subdivisions | 7,353 | 386 | — | 7,739 | |||||||||||||||||||||
Total securities available for sale | $ | 123,494 | $ | 1,430 | $ | 1,798 | $ | 123,126 | |||||||||||||||||
December 31, 2012 | Amortized | Gross | Gross | Fair Value | |||||||||||||||||||||
Cost | Unrealized | Unrealized | |||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
U.S. Treasury | $ | 18,731 | $ | 846 | $ | 1 | $ | 19,576 | |||||||||||||||||
U.S. Government agencies | 21,689 | 485 | — | 22,174 | |||||||||||||||||||||
GSE – Mortgage-backed securities and CMO’s | 40,766 | 379 | 123 | 41,022 | |||||||||||||||||||||
State and political subdivisions | 8,165 | 701 | — | 8,866 | |||||||||||||||||||||
Total securities available for sale | $ | 89,351 | $ | 2,411 | $ | 124 | $ | 91,638 | |||||||||||||||||
At both September 30, 2013 and December 31, 2012, the Company owned Federal Reserve Bank stock reported at cost of $467,000 and $803,000, respectively that is included in other assets. Also at September 30, 2013 and December 31, 2012, the Company owned Federal Home Loan Bank Stock (FHLB) of $852,000 and $1.5 million, respectively. The investments in Federal Reserve stock and FHLB stock are required investments related to the Company’s membership in, and borrowings with, these banks. These investments are carried at cost since there is no ready market and historically redemption has been made at par value. The Company estimated that the fair value approximated cost and that these investments were not impaired at September 30, 2013. | |||||||||||||||||||||||||
Results from sales of securities available for sale for the three and nine month period ended September 30, 2013 and September 30, 2012 are as follows: | |||||||||||||||||||||||||
Three Months Ended | Nine Months Ended | ||||||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Gross proceeds from sales | $ | — | $ | — | $ | 426 | $ | 8,996 | |||||||||||||||||
Realized gains from sales | $ | — | $ | — | $ | 14 | $ | 128 | |||||||||||||||||
Realized losses from sales | — | — | — | (112 | ) | ||||||||||||||||||||
Net Realized gains | $ | — | $ | — | $ | 14 | $ | 16 | |||||||||||||||||
At September 30, 2013 and December 31, 2012, securities available for sale with a carrying amount of $63.2 million and $48.8 million, respectively, were pledged as collateral on public deposits and for other purposes as required or permitted by law. | |||||||||||||||||||||||||
The following tables show the gross unrealized losses and fair value of investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at September 30, 2013 and December 31, 2012. These unrealized losses on investment securities are a result of temporary fluctuations in the market prices due to a rise in interest rates, which will adjust if rates decline, and a volatile market. Management does not believe these fluctuations are a reflection of the quality of the investments. At September 30, 2013, the unrealized losses for securities less than twelve months related to two United States Treasury notes, ten government agency bonds and ten government sponsored enterprise (GSE) mortgage backed securities. The Company did have two GSE mortgage backed securities that had been in a loss position for more than twelve months. At December 31, 2012, the unrealized losses related to two United States Treasury notes and seven mortgage backed securities. | |||||||||||||||||||||||||
Less than 12 Months | 12 Months or More | Total | |||||||||||||||||||||||
September 30, 2013 | Fair Value | Unrealized | Fair Value | Unrealized | Fair Value | Unrealized | |||||||||||||||||||
Losses | Losses | Losses | |||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Securities available for sale temporary impairment | |||||||||||||||||||||||||
U.S. Treasury | $ | 7,193 | $ | 222 | $ | — | $ | — | $ | 7,193 | $ | 222 | |||||||||||||
U.S. Gov’t agencies | 37,420 | 946 | — | — | 37,420 | 946 | |||||||||||||||||||
GSE-Mortgage-backed securities and CMO’s | 18,706 | 533 | 4,077 | 97 | 22,783 | 630 | |||||||||||||||||||
State and political subdivisions | — | — | — | — | — | — | |||||||||||||||||||
$ | 63,319 | $ | 1,701 | $ | 4,077 | $ | 97 | $ | 67,396 | $ | 1,798 | ||||||||||||||
Less than 12 Months | 12 Months or More | Total | |||||||||||||||||||||||
December 31, 2012 | Fair Value | Unrealized | Fair Value | Unrealized | Fair Value | Unrealized | |||||||||||||||||||
Losses | Losses | Losses | |||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Securities available for sale temporary impairment | |||||||||||||||||||||||||
U.S. Treasury | $ | 2,485 | $ | 1 | $ | — | $ | — | $ | 2,485 | $ | 1 | |||||||||||||
U.S. Gov’t agencies | — | — | — | — | — | — | |||||||||||||||||||
GSE-Mortgage-backed securities and CMO’s | 21,355 | 123 | — | — | 21,355 | 123 | |||||||||||||||||||
State and political subdivisions | — | — | — | — | — | — | |||||||||||||||||||
$ | 23,840 | $ | 124 | $ | — | $ | — | $ | 23,840 | $ | 124 | ||||||||||||||
Declines in the fair value of the investment portfolio are believed by management to be temporary in nature. When evaluating an investment for other-than-temporary impairment losses, management considers among other things, the length of time and the extent to which the fair value has been in a loss position, the financial condition of the issuer and the intent and the ability the Company has to hold the investment until the loss position is recovered. | |||||||||||||||||||||||||
At September 30, 2013, the Company had two GSE mortgage backed securities that had been in a loss position for twelve months or more. The unrealized losses are not likely to reverse unless market interest rates decline to the levels that existed when the securities were purchased. None of the unrealized losses relate to the marketability of the securities or the issuer’s ability to honor redemption obligations. The fair value is expected to recover as the bonds approach their maturity date or market yields for such investments decline. At September 30, 2013, the Company had no intent to sell and was not more likely than not to be required to sell the available for sale securities that were in a loss position prior to full recovery. For the three and nine months ended September 30, 2013, there were no available for sale securities deemed to be other than temporarily impaired. | |||||||||||||||||||||||||
The aggregate amortized cost and fair value of the available for sale securities portfolio at September 30, 2013 by remaining contractual maturity are as follows: | |||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||
Amortized | Estimated | Book | |||||||||||||||||||||||
Cost | Fair Value | Yield | |||||||||||||||||||||||
Securities available for sale | |||||||||||||||||||||||||
U. S. Treasury | |||||||||||||||||||||||||
Due after one but within five years | 16,107 | 16,679 | 1.91 | % | |||||||||||||||||||||
Due after five but within ten years | 7,415 | 7,193 | 1.27 | % | |||||||||||||||||||||
23,522 | 23,872 | 1.71 | % | ||||||||||||||||||||||
U.S. Government agencies | |||||||||||||||||||||||||
Due within twelve months | 5,002 | 5,050 | 2.27 | % | |||||||||||||||||||||
Due after one but within five years | 28,422 | 28,247 | 1.32 | % | |||||||||||||||||||||
Due after five but within ten years | 18,960 | 18,384 | 1.36 | % | |||||||||||||||||||||
52,384 | 51,681 | 1.43 | % | ||||||||||||||||||||||
Mortgage-backed securities | |||||||||||||||||||||||||
Due after one but within five years | 2,630 | 2,545 | 1.66 | % | |||||||||||||||||||||
Due after five but within ten years | 5,069 | 5,170 | 1.83 | % | |||||||||||||||||||||
Due after ten years | 32,536 | 32,119 | 1.59 | % | |||||||||||||||||||||
40,235 | 39,834 | 1.62 | % | ||||||||||||||||||||||
State and political subdivisions | |||||||||||||||||||||||||
Due within twelve months | 481 | 489 | 3.28 | % | |||||||||||||||||||||
Due after one but within five years | 1,129 | 1,218 | 3.75 | % | |||||||||||||||||||||
Due after five but within ten years | 4,725 | 4,983 | 3.12 | % | |||||||||||||||||||||
Due after ten years | 1,018 | 1,049 | 4.18 | % | |||||||||||||||||||||
7,353 | 7,739 | 3.37 | % | ||||||||||||||||||||||
Total Securities available for sale | |||||||||||||||||||||||||
Due within twelve months | 5,483 | 5,539 | 2.36 | % | |||||||||||||||||||||
Due after one but within five years | 48,288 | 48,689 | 1.59 | % | |||||||||||||||||||||
Due after five but within ten years | 36,169 | 35,730 | 1.64 | % | |||||||||||||||||||||
Due after ten years | 33,554 | 33,168 | 1.67 | % | |||||||||||||||||||||
$ | 123,494 | $ | 123,126 | 1.66 | % | ||||||||||||||||||||
Loans_Held_for_Investment
Loans Held for Investment | 9 Months Ended | ||||||||
Sep. 30, 2013 | |||||||||
Receivables [Abstract] | ' | ||||||||
Loans Held for Investment | ' | ||||||||
Note 6 – Loans Held for Investment | |||||||||
The composition of net loans held for investment by class as of September 30, 2013 and December 31, 2012 are as follows: | |||||||||
September 30, | December 31, | ||||||||
2013 | 2012 | ||||||||
(dollars in thousands) | |||||||||
Commercial | |||||||||
Commercial | $ | 46,001 | $ | 41,390 | |||||
Real estate – commercial | 96,745 | 103,304 | |||||||
Other real estate construction loans | 19,435 | 25,052 | |||||||
Noncommercial | |||||||||
Real estate 1 – 4 family construction | 3,610 | 3,080 | |||||||
Real estate – residential | 90,714 | 93,927 | |||||||
Home equity | 46,133 | 48,517 | |||||||
Consumer loans | 8,757 | 12,986 | |||||||
Other loans | 690 | 822 | |||||||
312,085 | 329,078 | ||||||||
Less: | |||||||||
Allowance for loan losses | (5,259 | ) | (6,801 | ) | |||||
Deferred loan (fees) costs, net | 63 | 105 | |||||||
Loans held for investment, net | $ | 306,889 | $ | 322,382 | |||||
Allowance_for_Loan_Losses
Allowance for Loan Losses | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Text Block [Abstract] | ' | ||||||||||||||||||||||||
Allowance for Loan Losses | ' | ||||||||||||||||||||||||
Note 7 – Allowance for Loan Losses | |||||||||||||||||||||||||
The following table shows the change in the allowance for loss losses by loan segment for the three and nine months periods ended September 30, 2013 and 2012, respectively: | |||||||||||||||||||||||||
Commercial | Three Months Ended | Nine Months Ended | |||||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Balance, beginning of period | $ | 2,542 | $ | 2,650 | $ | 2,791 | $ | 2,904 | |||||||||||||||||
Provision (recovery) charged to operations | (259 | ) | 424 | (152 | ) | 476 | |||||||||||||||||||
Charge-offs | (217 | ) | (367 | ) | (612 | ) | (721 | ) | |||||||||||||||||
Recoveries | 20 | 5 | 59 | 53 | |||||||||||||||||||||
Net (charge-offs) | (197 | ) | (362 | ) | (553 | ) | (668 | ) | |||||||||||||||||
Other | (1 | ) | — | (1 | ) | — | |||||||||||||||||||
Balance at end of period | $ | 2,085 | $ | 2,712 | $ | 2,085 | $ | 2,712 | |||||||||||||||||
Non-Commercial | Three Months Ended | Nine Months Ended | |||||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Balance, beginning of period | $ | 2,939 | $ | 4,419 | $ | 4,010 | $ | 3,911 | |||||||||||||||||
Provision (recovery) charged to operations | 486 | (33 | ) | (395 | ) | 618 | |||||||||||||||||||
Charge-offs | (257 | ) | (229 | ) | (522 | ) | (400 | ) | |||||||||||||||||
Recoveries | 10 | 14 | 85 | 42 | |||||||||||||||||||||
Net (charge-offs) | (247 | ) | (215 | ) | (437 | ) | (358 | ) | |||||||||||||||||
Other | (4 | ) | — | (4 | ) | — | |||||||||||||||||||
Balance at end of period | $ | 3,174 | $ | 4,171 | $ | 3,174 | $ | 4,171 | |||||||||||||||||
The following table shows period-end loans and reserve balances by loan segment both individually and collectively evaluated for impairment at September 30, 2013 and December 31, 2012: | |||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||
Individually Evaluated | Collectively Evaluated | Total | |||||||||||||||||||||||
Reserve | Loans | Reserve | Loans | Reserve | Loans | ||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 1,278 | $ | 8,732 | $ | 807 | $ | 153,449 | $ | 2,085 | $ | 162,181 | |||||||||||||
Non-Commercial | 1,559 | 10,355 | 1,615 | 139,612 | 3,174 | 149,967 | |||||||||||||||||||
Total | $ | 2,837 | $ | 19,087 | $ | 2,422 | $ | 293,061 | $ | 5,259 | $ | 312,148 | |||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
Individually Evaluated | Collectively Evaluated | Total | |||||||||||||||||||||||
Reserve | Loans | Reserve | Loans | Reserve | Loans | ||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 1,428 | $ | 14,979 | $ | 1,363 | $ | 154,767 | $ | 2,791 | $ | 169,746 | |||||||||||||
Non-Commercial | 1,606 | 11,128 | 2,404 | 148,309 | 4,010 | 159,437 | |||||||||||||||||||
Total | $ | 3,034 | $ | 26,107 | $ | 3,767 | $ | 303,076 | $ | 6,801 | $ | 329,183 | |||||||||||||
Past due loan information is used by management when assessing the adequacy of the allowance for loan losses. The following table summarizes the past due information of the loan portfolio by class: | |||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||
Loans | Loans | Total Past | Current | Total | Accruing | ||||||||||||||||||||
30-89 Days | 90 Days | Due Loans | Loans | Loans | Loans 90 or | ||||||||||||||||||||
Past Due | or More | More Days | |||||||||||||||||||||||
Past due | Past Due | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | — | $ | 307 | $ | 307 | $ | 45,694 | $ | 46,001 | $ | — | |||||||||||||
Real estate – commercial | 40 | 2,259 | 2,299 | 94,446 | 96,745 | — | |||||||||||||||||||
Other real estate construction | — | 1,581 | 1,581 | 17,854 | 19,435 | — | |||||||||||||||||||
Real estate 1 – 4 family construction | 115 | — | 115 | 3,495 | 3,610 | — | |||||||||||||||||||
Real estate – residential | 1,587 | 1,842 | 3,429 | 87,348 | 90,777 | — | |||||||||||||||||||
Home equity | 333 | 213 | 546 | 45,587 | 46,133 | — | |||||||||||||||||||
Consumer loans | 73 | — | 73 | 8,684 | 8,757 | — | |||||||||||||||||||
Other loans | — | — | — | 690 | 690 | — | |||||||||||||||||||
Total | $ | 2,148 | $ | 6,202 | $ | 8,350 | $ | 303,798 | $ | 312,148 | $ | — | |||||||||||||
December 31, 2012 | |||||||||||||||||||||||||
Loans | Loans | Total Past | Current | Total | Accruing | ||||||||||||||||||||
30-89 Days | 90 Days | Due Loans | Loans | Loans | Loans 90 or | ||||||||||||||||||||
Past Due | or More | More Days | |||||||||||||||||||||||
Past due | Past Due | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 98 | $ | 437 | $ | 535 | $ | 40,855 | $ | 41,390 | $ | — | |||||||||||||
Real estate – commercial | 708 | 3,032 | 3,740 | 99,564 | 103,304 | — | |||||||||||||||||||
Other real estate construction | 12 | 2,945 | 2,957 | 22,095 | 25,052 | — | |||||||||||||||||||
Real estate construction | — | — | — | 3,080 | 3,080 | — | |||||||||||||||||||
Real estate – residential | 1,309 | 2,507 | 3,816 | 90,216 | 94,032 | — | |||||||||||||||||||
Home equity | 162 | 558 | 720 | 47,797 | 48,517 | — | |||||||||||||||||||
Consumer loan | 218 | 1 | 219 | 12,767 | 12,986 | — | |||||||||||||||||||
Other loans | — | — | — | 822 | 822 | — | |||||||||||||||||||
Total | $ | 2,507 | $ | 9,480 | $ | 11,987 | $ | 317,196 | $ | 329,183 | $ | — | |||||||||||||
Once a loan becomes 90 days past due, the loan is automatically transferred to a nonaccrual status. The exception to this policy is credit card loans that remain in accruing 90 days or more until they are paid current or charged off. Also, mortgage loans that were originated for sale but were not sold and are being held in the loan portfolio remain in an accruing status until they are foreclosed. | |||||||||||||||||||||||||
The composition of nonaccrual loans by class as of September 30, 2013 and December 31, 2012 is as follows: | |||||||||||||||||||||||||
September 30, | December 31, | ||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 307 | $ | 437 | |||||||||||||||||||||
Real estate – commercial | 2,259 | 3,032 | |||||||||||||||||||||||
Other real estate construction | 1,581 | 2,945 | |||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | |||||||||||||||||||||||
Real estate – residential | 1,842 | 2,507 | |||||||||||||||||||||||
Home equity | 213 | 558 | |||||||||||||||||||||||
Consumer loans | — | 1 | |||||||||||||||||||||||
Other loans | — | — | |||||||||||||||||||||||
$ | 6,202 | $ | 9,480 | ||||||||||||||||||||||
Management uses a risk-grading program to facilitate the evaluation of probable inherent loan losses and to measure the adequacy of the allowance for loan losses. In this program, risk grades are initially assigned by the loan officers and reviewed and monitored by the lenders and credit administration. The program has eight risk grades summarized in five categories as follows: | |||||||||||||||||||||||||
Pass: Loans that are pass grade credits include loans that are fundamentally sound and risk factors are reasonable and acceptable. They generally conform to policy with only minor exceptions and any major exceptions are clearly mitigated by other economic factors. | |||||||||||||||||||||||||
Watch: Loans that are watch credits include loans on management’s watch list where a risk concern may be anticipated in the near future. | |||||||||||||||||||||||||
Substandard: Loans that are considered substandard are loans that are inadequately protected by current sound net worth, paying capacity of the obligor or the value of the collateral pledged. All nonaccrual loans are graded as substandard. | |||||||||||||||||||||||||
Doubtful: Loans that are considered to be doubtful have all weaknesses inherent in loans classified substandard, plus the added characteristic that the weaknesses make the collection or liquidation in full on the basis of current existing facts, conditions and values highly questionable and improbable. | |||||||||||||||||||||||||
Loss: Loans that are considered to be a loss are considered to be uncollectible and of such little value that their continuance as bankable assets is not warranted. | |||||||||||||||||||||||||
The tables below summarize risk grades of the loan portfolio by class at September 30, 2013 and December 31 2012: | |||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||
Pass | Watch | Sub- | Doubtful | Total | |||||||||||||||||||||
standard | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 45,189 | $ | 385 | $ | 427 | $ | — | $ | 46,001 | |||||||||||||||
Real estate – commercial | 84,513 | 6,450 | 5,782 | — | 96,745 | ||||||||||||||||||||
Other real estate construction | 16,640 | 630 | 2,165 | — | 19,435 | ||||||||||||||||||||
Real estate 1 – 4 family construction | 3,451 | 159 | — | — | 3,610 | ||||||||||||||||||||
Real estate – residential | 73,276 | 12,437 | 5,064 | — | 90,777 | ||||||||||||||||||||
Home equity | 44,525 | 922 | 686 | — | 46,133 | ||||||||||||||||||||
Consumer loans | 8,324 | 360 | 73 | — | 8,757 | ||||||||||||||||||||
Other loans | 690 | — | — | — | 690 | ||||||||||||||||||||
Total | $ | 276,608 | $ | 21,343 | $ | 14,197 | $ | — | $ | 312,148 | |||||||||||||||
December 31, 2012 | |||||||||||||||||||||||||
Pass | Watch | Sub- | Doubtful | Total | |||||||||||||||||||||
standard | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 39,800 | $ | 836 | $ | 754 | $ | — | $ | 41,390 | |||||||||||||||
Real estate – commercial | 84,748 | 9,337 | 9,219 | — | 103,304 | ||||||||||||||||||||
Other real estate construction | 20,684 | 577 | 3,477 | 314 | 25,052 | ||||||||||||||||||||
Real estate 1 – 4 family construction | 3,080 | — | — | — | 3,080 | ||||||||||||||||||||
Real estate – residential | 78,115 | 9,728 | 6,189 | — | 94,032 | ||||||||||||||||||||
Home equity | 46,590 | 914 | 1,013 | — | 48,517 | ||||||||||||||||||||
Consumer loans | 12,360 | 512 | 114 | — | 12,986 | ||||||||||||||||||||
Other loans | 822 | — | — | — | 822 | ||||||||||||||||||||
Total | $ | 286,199 | $ | 21,904 | $ | 20,766 | $ | 314 | $ | 329,183 | |||||||||||||||
Loans that are in nonaccrual status or 90 days past due and still accruing are considered to be nonperforming. The following tables show the breakdown between performing and nonperforming loans by class at September 30, 2013 and December 31, 2012: | |||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||
Performing | Non- | Total | |||||||||||||||||||||||
Performing | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 45,694 | $ | 307 | $ | 46,001 | |||||||||||||||||||
Real estate – commercial | 94,486 | 2,259 | 96,745 | ||||||||||||||||||||||
Other real estate construction | 17,854 | 1,581 | 19,435 | ||||||||||||||||||||||
Real estate 1 – 4 family construction | 3,610 | — | 3,610 | ||||||||||||||||||||||
Real estate – residential | 88,935 | 1,842 | 90,777 | ||||||||||||||||||||||
Home equity | 45,920 | 213 | 46,133 | ||||||||||||||||||||||
Consumer loans | 8,757 | — | 8,757 | ||||||||||||||||||||||
Other loans | 690 | — | 690 | ||||||||||||||||||||||
Total | $ | 305,946 | $ | 6,202 | $ | 312,148 | |||||||||||||||||||
December 31, 2012 | |||||||||||||||||||||||||
Performing | Non- | Total | |||||||||||||||||||||||
Performing | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 40,953 | $ | 437 | $ | 41,390 | |||||||||||||||||||
Real estate – commercial | 100,272 | 3,032 | 103,304 | ||||||||||||||||||||||
Other real estate construction | 22,107 | 2,945 | 25,052 | ||||||||||||||||||||||
Real estate 1 – 4 family construction | 3,080 | — | 3,080 | ||||||||||||||||||||||
Real estate – residential | 91,524 | 2,507 | 94,031 | ||||||||||||||||||||||
Home equity | 47,960 | 558 | 48,518 | ||||||||||||||||||||||
Consumer loans | 12,985 | 1 | 12,986 | ||||||||||||||||||||||
Other loans | 822 | — | 822 | ||||||||||||||||||||||
Total | $ | 319,703 | $ | 9,480 | $ | 329,183 | |||||||||||||||||||
Loans are considered impaired when, based on current information and events it is probable the Company will be unable to collect all amounts due in accordance with the original contractual terms of the loan agreement. If a loan is deemed impaired, a specific calculation is performed and a specific reserve is allocated, if necessary. The tables below summarize the loans deemed impaired and the amount of specific reserves allocated by class at September 30, 2013 and December 31, 2012: | |||||||||||||||||||||||||
September 30, 2013 | Unpaid | Recorded | Recorded | Related | Recorded | Recorded | |||||||||||||||||||
Principal | Investment | Investment | Allowance | Investment | Investment | ||||||||||||||||||||
Balance | With No | With | Accruing | Loans in | |||||||||||||||||||||
Allowance | Allowance | Loans 90 or | Non-accrual | ||||||||||||||||||||||
More Days | |||||||||||||||||||||||||
Past Due | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 648 | $ | — | $ | 529 | $ | 449 | $ | — | $ | 307 | |||||||||||||
Real estate – commercial | 8,222 | 4,040 | 2,119 | 487 | — | 2,259 | |||||||||||||||||||
Other real estate construction | 2,093 | 301 | 1,742 | 342 | — | 1,581 | |||||||||||||||||||
Real estate 1 – 4 family construction | 375 | 26 | 349 | 16 | — | — | |||||||||||||||||||
Real estate – residential | 9,078 | 4,144 | 4,934 | 1,127 | — | 1,842 | |||||||||||||||||||
Home equity | 754 | 273 | 481 | 347 | — | 213 | |||||||||||||||||||
Consumer loans | 148 | 79 | 69 | 69 | — | — | |||||||||||||||||||
Other loans | 1 | 1 | — | — | — | — | |||||||||||||||||||
Total | $ | 21,319 | $ | 8,864 | $ | 10,223 | $ | 2,837 | $ | — | $ | 6,202 | |||||||||||||
December 31, 2012 | Unpaid | Recorded | Recorded | Related | Recorded | Recorded | |||||||||||||||||||
Principal | Investment | Investment | Allowance | Investment | Investment | ||||||||||||||||||||
Balance | With No | With | Accruing | Loans in | |||||||||||||||||||||
Allowance | Allowance | Loans 90 or | Non-accrual | ||||||||||||||||||||||
More Days | |||||||||||||||||||||||||
Past Due | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 1,977 | $ | 388 | $ | 1,470 | $ | 616 | $ | — | $ | 437 | |||||||||||||
Real estate – commercial | 11,299 | 6,341 | 2,895 | 411 | — | 3,032 | |||||||||||||||||||
Other real estate construction | 3,935 | 2,437 | 1,448 | 401 | — | 2,945 | |||||||||||||||||||
Real estate 1 – 4 family construction | 840 | 713 | 127 | 127 | — | — | |||||||||||||||||||
Real estate – residential | 8,985 | 3,994 | 4,991 | 1,215 | — | 2,507 | |||||||||||||||||||
Home equity | 1,068 | 521 | 547 | 159 | — | 558 | |||||||||||||||||||
Consumer loans | 235 | 39 | 196 | 105 | — | 1 | |||||||||||||||||||
Other loans | — | — | — | — | — | — | |||||||||||||||||||
Total | $ | 28,339 | $ | 14,433 | $ | 11,674 | $ | 3,034 | $ | — | $ | 9,480 | |||||||||||||
Three Months ended | Three Months ended | ||||||||||||||||||||||||
September 30, 2013 | September 30, 2012 | ||||||||||||||||||||||||
Average | Interest | Average | Interest | ||||||||||||||||||||||
Recorded | Income | Recorded | Income | ||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 926 | $ | 3 | $ | 1,112 | $ | 23 | |||||||||||||||||
Real estate – commercial | 6,978 | 48 | 12,245 | 153 | |||||||||||||||||||||
Other real estate construction | 2,091 | 3 | 4,168 | 55 | |||||||||||||||||||||
Real estate 1 – 4 family construction | 376 | 7 | 1,014 | 15 | |||||||||||||||||||||
Real estate – residential | 8,727 | 52 | 12,680 | 166 | |||||||||||||||||||||
Home equity | 908 | 4 | 1,333 | 18 | |||||||||||||||||||||
Consumer loans | 148 | 2 | 343 | 4 | |||||||||||||||||||||
Other loans | — | — | — | — | |||||||||||||||||||||
Total | $ | 20,154 | $ | 119 | $ | 32,895 | $ | 434 | |||||||||||||||||
Nine Months ended | Nine Months ended | ||||||||||||||||||||||||
September 30, 2013 | September 30, 2012 | ||||||||||||||||||||||||
Average | Interest | Average | Interest | ||||||||||||||||||||||
Recorded | Income | Recorded | Income | ||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 1,001 | $ | 11 | $ | 1,301 | $ | 50 | |||||||||||||||||
Real estate – commercial | 7,340 | 186 | 12,397 | 493 | |||||||||||||||||||||
Other real estate construction | 2,108 | 16 | 4,112 | 180 | |||||||||||||||||||||
Real estate 1 – 4 family construction | 383 | 18 | 1,124 | 31 | |||||||||||||||||||||
Real estate – residential | 8,693 | 273 | 12,261 | 477 | |||||||||||||||||||||
Home equity | 954 | 17 | 1,244 | 42 | |||||||||||||||||||||
Consumer loans | 169 | 6 | 332 | 14 | |||||||||||||||||||||
Other loans | — | — | — | — | |||||||||||||||||||||
Total | $ | 20,648 | $ | 527 | $ | 32,771 | $ | 1,287 | |||||||||||||||||
Troubled_Debt_Restructures
Troubled Debt Restructures | 9 Months Ended | ||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
Receivables [Abstract] | ' | ||||||||||||||||||||||||||||||||||||||||
Troubled Debt Restructures | ' | ||||||||||||||||||||||||||||||||||||||||
Note 8 – Troubled Debt Restructures | |||||||||||||||||||||||||||||||||||||||||
A modification of a loan constitutes a troubled debt restructuring (“TDR”) when a borrower is experiencing financial difficulty and the modification involves providing a concession to the existing loan contract. The Company offers various types of concessions when modifying loans to troubled borrowers, however, forgiveness of principal is rarely granted. Concessions offered are term extensions, capitalizing accrued interest, reducing interest rates to below current market rates or a combination of any of these. Combinations from time to time may include allowing a customer to be placed on interest-only payments. The presentations below in the “other” category are TDR’s with a combination of concessions. At the time of a TDR, additional collateral or a guarantor may be requested. | |||||||||||||||||||||||||||||||||||||||||
Loans modified as a TDR are typically already on nonaccrual status and partial chargeoffs may have in some cases already been taken against the outstanding loan balance. The Company classifies TDR loans as impaired loans and evaluates the need for an allowance for loan loss on a loan-by-loan basis. An allowance is based on either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s observable market price or the estimated fair value of the underlying collateral less any selling costs, if the loan is deemed to be collateral dependent. | |||||||||||||||||||||||||||||||||||||||||
For the three and nine months ended September 30, 2013 and 2012 the following tables present a breakdown of the types of concessions made by loan class: | |||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
Number | Pre-Modification | Post- | |||||||||||||||||||||||||||||||||||||||
of Contracts | Outstanding | Modification | |||||||||||||||||||||||||||||||||||||||
Recorded | Outstanding | ||||||||||||||||||||||||||||||||||||||||
Investment | Recorded | ||||||||||||||||||||||||||||||||||||||||
Investment | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | — | $ | — | $ | — | ||||||||||||||||||||||||||||||||||||
Real estate – commercial | — | — | — | ||||||||||||||||||||||||||||||||||||||
Other real estate construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate – residential | 2 | 269 | 268 | ||||||||||||||||||||||||||||||||||||||
Home equity | — | — | — | ||||||||||||||||||||||||||||||||||||||
Consumer loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Other loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Total | 2 | $ | 269 | $ | 268 | ||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||
Number | Pre-Modification | Post- | |||||||||||||||||||||||||||||||||||||||
of Contracts | Outstanding | Modification | |||||||||||||||||||||||||||||||||||||||
Recorded | Outstanding | ||||||||||||||||||||||||||||||||||||||||
Investment | Recorded | ||||||||||||||||||||||||||||||||||||||||
Investment | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | 1 | $ | 33 | $ | 33 | ||||||||||||||||||||||||||||||||||||
Real estate – commercial | — | — | — | ||||||||||||||||||||||||||||||||||||||
Other real estate construction | 1 | 49 | 49 | ||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate – residential | 4 | 217 | 217 | ||||||||||||||||||||||||||||||||||||||
Home equity | — | — | — | ||||||||||||||||||||||||||||||||||||||
Consumer loans | 2 | 62 | 62 | ||||||||||||||||||||||||||||||||||||||
Other loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Total | 8 | $ | 361 | $ | 361 | ||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
Number | Pre-Modification | Post- | |||||||||||||||||||||||||||||||||||||||
of Contracts | Outstanding | Modification | |||||||||||||||||||||||||||||||||||||||
Recorded | Outstanding | ||||||||||||||||||||||||||||||||||||||||
Investment | Recorded | ||||||||||||||||||||||||||||||||||||||||
Investment | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | — | $ | — | $ | — | ||||||||||||||||||||||||||||||||||||
Real estate – commercial | 1 | 357 | 342 | ||||||||||||||||||||||||||||||||||||||
Other real estate construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate – residential | 4 | 468 | 458 | ||||||||||||||||||||||||||||||||||||||
Home equity | — | — | — | ||||||||||||||||||||||||||||||||||||||
Consumer loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Other loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Total | 5 | $ | 825 | $ | 800 | ||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||
Number | Pre-Modification | Post- | |||||||||||||||||||||||||||||||||||||||
of Contracts | Outstanding | Modification | |||||||||||||||||||||||||||||||||||||||
Recorded | Outstanding | ||||||||||||||||||||||||||||||||||||||||
Investment | Recorded | ||||||||||||||||||||||||||||||||||||||||
Investment | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | 3 | $ | 111 | $ | 101 | ||||||||||||||||||||||||||||||||||||
Real estate – commercial | 2 | 619 | 113 | ||||||||||||||||||||||||||||||||||||||
Other real estate construction | 1 | 49 | 49 | ||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate – residential | 5 | 242 | 240 | ||||||||||||||||||||||||||||||||||||||
Home equity | — | — | — | ||||||||||||||||||||||||||||||||||||||
Consumer loans | 3 | 114 | 108 | ||||||||||||||||||||||||||||||||||||||
Other loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Total | 14 | $ | 1,135 | $ | 611 | ||||||||||||||||||||||||||||||||||||
The following tables present loans that were modified as troubled debt restructurings within the previous twelve months ending September 30, 2013 and 2012 for which there was a payment default: | |||||||||||||||||||||||||||||||||||||||||
Twelve months ended | |||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
Number | Recorded | ||||||||||||||||||||||||||||||||||||||||
of Loans | Investment | ||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | — | $ | — | ||||||||||||||||||||||||||||||||||||||
Real estate – commercial | — | — | |||||||||||||||||||||||||||||||||||||||
Other real estate construction | — | — | |||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | |||||||||||||||||||||||||||||||||||||||
Real estate – residential | — | — | |||||||||||||||||||||||||||||||||||||||
Home Equity loans | — | — | |||||||||||||||||||||||||||||||||||||||
Consumer loans | — | — | |||||||||||||||||||||||||||||||||||||||
Other loans | — | — | |||||||||||||||||||||||||||||||||||||||
Total | — | $ | — | ||||||||||||||||||||||||||||||||||||||
Twelve months ended | |||||||||||||||||||||||||||||||||||||||||
September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||
Number | Recorded | ||||||||||||||||||||||||||||||||||||||||
of Loans | Investment | ||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | 1 | $ | 33 | ||||||||||||||||||||||||||||||||||||||
Real estate – commercial | — | — | |||||||||||||||||||||||||||||||||||||||
Other real estate construction | 1 | 49 | |||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | |||||||||||||||||||||||||||||||||||||||
Real estate – residential | 5 | 240 | |||||||||||||||||||||||||||||||||||||||
Home Equity loans | — | — | |||||||||||||||||||||||||||||||||||||||
Consumer loans | 2 | 64 | |||||||||||||||||||||||||||||||||||||||
Other loans | — | — | |||||||||||||||||||||||||||||||||||||||
Total | 9 | $ | 386 | ||||||||||||||||||||||||||||||||||||||
A default on a troubled debt restructure is defined as being past due 90 days or being out of compliance with the modification agreement. As mentioned, the Company considers TDRs to be impaired loans and has $639,000 in allowance for loan loss as of September 30, 2013, as a direct result of these TDR’s. | |||||||||||||||||||||||||||||||||||||||||
The following tables present the successes and failures of the types of modifications within the previous twelve months ending September 30, 2013 and 2012: | |||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
Paid In Full | Paying as restructured | Converted to nonaccrual | Foreclosure/ Default | ||||||||||||||||||||||||||||||||||||||
Number of | Recorded | Number of | Recorded | Number of | Recorded | Number of | Recorded | ||||||||||||||||||||||||||||||||||
Loans | Investments | Loans | Investments | Loans | Investments | Loans | Investments | ||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Below market interest rate | — | $ | — | — | $ | — | — | $ | — | — | $ | — | |||||||||||||||||||||||||||||
Extended payment terms | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||
Forgiveness of Principal | — | — | 10 | 1,578 | — | — | — | — | |||||||||||||||||||||||||||||||||
Other Loans | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||
Total | — | $ | — | 10 | $ | 1,578 | — | $ | — | — | $ | — | |||||||||||||||||||||||||||||
September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||
Paid In Full | Paying as restructured | Converted to nonaccrual | Foreclosure/ Default | ||||||||||||||||||||||||||||||||||||||
Number of | Recorded | Number of | Recorded | Number of | Recorded | Number of | Recorded | ||||||||||||||||||||||||||||||||||
Loans | Investments | Loans | Investments | Loans | Investments | Loans | Investments | ||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Below market interest rate | — | $ | — | — | $ | — | — | $ | — | — | $ | — | |||||||||||||||||||||||||||||
Other Loans | — | — | 6 | 352 | — | — | 11 | 897 | |||||||||||||||||||||||||||||||||
Total | — | $ | — | 6 | $ | 352 | — | $ | — | 11 | $ | 897 | |||||||||||||||||||||||||||||
The Company has not committed to fund any additional disbursements for TDR’s. | |||||||||||||||||||||||||||||||||||||||||
Commitments_and_Contingencies
Commitments and Contingencies | 9 Months Ended | ||||
Sep. 30, 2013 | |||||
Commitments And Contingencies Disclosure [Abstract] | ' | ||||
Commitments and Contingencies | ' | ||||
Note 9 – Commitments and Contingencies | |||||
The subsidiary bank is party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit, lines of credit and standby letters of credit. These instruments involve elements of credit risk in excess of amounts recognized in the accompanying financial statements. | |||||
The bank’s risk of loss with the unfunded loans and lines of credit or standby letters of credit is represented by the contractual amount of these instruments. The bank uses the same credit policies in making commitments under such instruments as it does for on-balance sheet instruments. The amount of collateral obtained, if any, is based on management’s credit evaluation of the borrower. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Credit card commitments are unsecured. At September 30, 2013, outstanding financial instruments whose contract amounts represent credit risk were approximately: | |||||
(dollars in thousands) | |||||
Commitments to extend credit | $ | 62,112 | |||
Credit card commitments | 8,102 | ||||
Standby letters of credit | 1,100 | ||||
Total commitments | $ | 71,314 | |||
Fair_Value_Disclosures
Fair Value Disclosures | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value Disclosures | ' | ||||||||||||||||
Note 10 – Fair Value Disclosures | |||||||||||||||||
Accounting Standards Codification (ASC) 820 defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 does not require any new fair value measurements, but clarifies and standardizes some divergent practices that have emerged since prior guidance was issued. ASC 820 creates a three-level hierarchy under which individual fair value estimates are to be ranked based on the relative reliability of the inputs used in the valuation. | |||||||||||||||||
ASC 820 defines fair value as the price that would be received to sell an asset or transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities, the Company considers the principal or most advantageous market in which those assets or liabilities are sold and considers assumptions that market participants would use when pricing those assets or liabilities. Fair values determined using Level 1 inputs rely on active and observable markets to price identical assets or liabilities. In situations where identical assets and liabilities are not traded in active markets, fair values may be determined based on Level 2 inputs, which exist when observable data exists for similar assets and liabilities. Fair values for assets and liabilities for which identical or similar assets and liabilities are not actively traded in observable markets are based on Level 3 inputs, which are considered to be unobservable. | |||||||||||||||||
Among the Company’s assets and liabilities, investment securities available for sale are reported at their fair values on a recurring basis. Certain other assets are adjusted to their fair value on a nonrecurring basis, including other real estate owned, impaired loans, loans held for sale, which are carried at the lower of cost or market; loan servicing rights, where fair value is determined using similar assets with similar characteristics, when available, or based upon discounted cash flows using market-based assumptions; and goodwill, which is periodically tested for impairment. Deposits, short-term borrowings and long-term obligations are not reported at fair value. | |||||||||||||||||
Prices for US Treasury securities are readily available in the active markets in which those securities are traded, and the resulting fair values are shown in the ‘Level 1 input’ column. Prices for government agency securities, mortgage-backed securities and for state, county and municipal securities are obtained for similar securities, and the resulting fair values are shown in the ‘Level 2 input’ column. Prices for all other non-marketable investments are determined based on various assumptions that are not observable. The fair values for these investment securities are shown in the ‘Level 3 input’ column. Non-marketable investment securities, which are carried at their purchase price, include those that may only be redeemed by the issuer. The changes in securities between Level 1 and Level 2 were related to the purchase and sale of several securities and not the transfer of securities. | |||||||||||||||||
The Company does not record loans at fair value on a recurring basis. However, from time to time, a loan is considered impaired and an allowance for loan losses is established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment by using one of several methods including collateral value, fair value of similar debt and discounted cash flows. Those impaired loans not requiring an allowance represent loans for which the present value of the expected repayments or fair value of collateral exceed the recorded investments in such loans. At September 30, 2013, substantially all of the total impaired loans were evaluated based on the fair value of the underlying collateral. When the fair value of the collateral is based on an observable market price or a current appraised value, the Company records the impaired loan as nonrecurring Level 2. When an internal assessment of fair value based upon market data issued or management determines the fair value of the underlying collateral is further impaired below the appraised value, the Company records the impaired loan as nonrecurring Level 3. | |||||||||||||||||
Foreclosed assets are adjusted to fair value upon transfer of the loans to other real estate owned. Real estate acquired in settlement of loans is recorded initially at estimated fair value of the property less estimated selling costs at the date of foreclosure. The initial recorded value may be subsequently reduced by additional allowances, which are charged to earnings if the estimated fair value of the property less estimated selling costs declines below the initial recorded value. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. When the fair value of the collateral is based on an observable market price or a current appraised value, the Company records the foreclosed asset as nonrecurring Level 2. When an internal assessment of fair value based upon market data issued or management determines the fair value of the underlying collateral is further impaired below the appraised value, the Company records the impaired loan as nonrecurring Level 3. | |||||||||||||||||
Loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value in the aggregate, based on secondary market prices. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. | |||||||||||||||||
Servicing assets are evaluated for impairment based upon the fair value. Fair value is determined based upon discounted cash flows using market-based assumptions. | |||||||||||||||||
The following table provides fair value information for assets and liabilities measured at fair value on a recurring basis as of September 30, 2013 and December 31, 2012: | |||||||||||||||||
September 30, 2013 | |||||||||||||||||
(dollars in thousands) | |||||||||||||||||
Total | Level 1 | Level 2 | Level 3 | ||||||||||||||
Securities available for sale: | |||||||||||||||||
US Treasury | $ | 23,872 | $ | 23,872 | $ | — | $ | — | |||||||||
US Government Agencies | 51,681 | — | 51,681 | — | |||||||||||||
GSE – Mortgage-backed securities and CMO’s | 39,834 | — | 39,834 | — | |||||||||||||
State and political subdivisions | 7,739 | — | 7,739 | — | |||||||||||||
Total assets at fair value | $ | 123,126 | $ | 23,872 | $ | 99,254 | $ | — | |||||||||
Total liabilities at fair value | $ | — | $ | — | $ | — | $ | — | |||||||||
December 31, 2012 | |||||||||||||||||
(dollars in thousands) | |||||||||||||||||
Total | Level 1 | Level 2 | Level 3 | ||||||||||||||
Securities available for sale: | |||||||||||||||||
US Treasury | $ | 19,576 | $ | 19,576 | $ | — | $ | — | |||||||||
US Gov’t Agencies | 22,174 | — | 22,174 | — | |||||||||||||
GSE – Mortgage-backed securities and CMO’s | 41,022 | — | 41,022 | — | |||||||||||||
State and political subdivisions | 8,866 | — | 8,866 | — | |||||||||||||
Total assets at fair value | $ | 91,638 | $ | 19,576 | $ | 72,062 | $ | — | |||||||||
Total liabilities at fair value | $ | — | $ | — | $ | — | $ | — | |||||||||
The Company may be required, from time to time, to measure certain assets at fair value on a nonrecurring basis in accordance with U.S. GAAP. These include assets that are measured at the lower of cost or market that were recognized at fair value below cost at the end of the period. Assets measured at fair value on a nonrecurring basis are included in the table below as of September 30, 2013 and December 31, 2012: | |||||||||||||||||
September 30, 2013 | |||||||||||||||||
(dollars in thousands) | |||||||||||||||||
Total | Level 1 | Level 2 | Level 3 | ||||||||||||||
Impaired loans | $ | 7,386 | $ | — | $ | — | $ | 7,386 | |||||||||
Loans held for sale | 560 | — | 560 | — | |||||||||||||
Other real estate owned | 4,206 | — | — | 4,206 | |||||||||||||
Total assets at fair value | $ | 12,152 | $ | — | $ | 560 | $ | 11,592 | |||||||||
Total liabilities at fair value | $ | — | $ | — | $ | — | $ | — | |||||||||
December 31, 2012 | |||||||||||||||||
(dollars in thousands) | |||||||||||||||||
Total | Level 1 | Level 2 | Level 3 | ||||||||||||||
Impaired loans | $ | 8,640 | $ | — | $ | — | $ | 8,640 | |||||||||
Loans held for sale | 5,373 | — | 5,373 | — | |||||||||||||
Other real estate owned | 5,596 | — | — | 5,596 | |||||||||||||
Total assets at fair value | $ | 19,609 | $ | — | $ | 5,373 | $ | 14,236 | |||||||||
Total liabilities at fair value | $ | — | $ | — | $ | — | $ | — | |||||||||
Quantitative Information about Level 3 Fair Value Measurements | |||||||||||||||||
Valuation Technique | Unobservable Input | General | |||||||||||||||
Range | |||||||||||||||||
Nonrecurring measurements: | |||||||||||||||||
OREO | Discounted appraisals | Collateral discounts and Estimated costs to sell | 0 – 10% | ||||||||||||||
Impaired loans | Discounted appraisals | Collateral discounts and Estimated costs to sell | 0 – 30% |
Fair_Values_of_Financial_Instr
Fair Values of Financial Instruments and Interest Rate Risk | 9 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||
Fair Values of Financial Instruments and Interest Rate Risk | ' | ||||||||||||||||||||
Note 11 – Fair Values of Financial Instruments and Interest Rate Risk | |||||||||||||||||||||
ASC 825, “Disclosures about Fair Value of Financial Instruments,” requires disclosure of the fair value of financial assets and financial liabilities, including those that are not measured and reported at fair value on a recurring basis or non-recurring basis. | |||||||||||||||||||||
The fair value estimates presented at September 30, 2013 and December 31, 2012, are based on relevant market information and information about the financial instruments. Fair value estimates are intended to represent the price an asset could be sold at or the price at which a liability could be settled. However, given there is no active market or observable market transactions for many of the Company’s financial instruments, the Company has made estimates of many of these fair values which are subjective in nature, involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimated values. The estimated fair values disclosed in the following table do not represent market values of all assets and liabilities of the Company and should not be interpreted to represent the underlying value of the Company. The following table reflects a comparison of carrying amounts and the estimated fair value of the financial instruments as of September 30, 2013 and December 31, 2012: | |||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||
Carrying | Estimated | Level 1 | Level 2 | Level 3 | |||||||||||||||||
Value | Fair Value | ||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||
FINANCIAL ASSETS | |||||||||||||||||||||
Cash and cash equivalents | $ | 56,716 | $ | 56,716 | $ | 56,716 | $ | — | $ | — | |||||||||||
Securities available for sale | 123,126 | 123,126 | 23,872 | 99,254 | — | ||||||||||||||||
Loans held for investment, net | 306,889 | 315,061 | — | — | 315,061 | ||||||||||||||||
Loans held for sale | 560 | 560 | — | 560 | — | ||||||||||||||||
Restricted stock | 1,319 | 1,319 | 1,319 | — | — | ||||||||||||||||
Bank-owned life insurance | 6,486 | 6,486 | — | — | 6,486 | ||||||||||||||||
Mortgage servicing rights | 2,436 | 3,010 | — | — | 3,010 | ||||||||||||||||
Accrued interest receivable | 1,618 | 1,618 | — | — | 1,618 | ||||||||||||||||
FINANCIAL LIABILITIES | |||||||||||||||||||||
Deposits | $ | 462,984 | $ | 450,552 | $ | — | $ | — | $ | 450,552 | |||||||||||
Short-term borrowings | 6,004 | 6,038 | — | 6,038 | — | ||||||||||||||||
Long-term borrowings | 38 | 38 | — | 38 | — | ||||||||||||||||
Junior subordinated debt | 11,127 | 11,252 | — | — | 11,252 | ||||||||||||||||
Accrued interest payable | 231 | 231 | — | — | 231 | ||||||||||||||||
December 31, 2012 | |||||||||||||||||||||
Carrying | Estimated | Level 1 | Level 2 | Level 3 | |||||||||||||||||
Value | Fair Value | ||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||
FINANCIAL ASSETS | |||||||||||||||||||||
Cash and cash equivalents | $ | 81,728 | $ | 81,728 | $ | 81,728 | $ | — | $ | — | |||||||||||
Securities available for sale | 91,638 | 91,638 | 19,576 | 72,062 | — | ||||||||||||||||
Loans held for investment, net | 322,382 | 331,386 | — | — | 331,386 | ||||||||||||||||
Loans held for sale | 5,373 | 5,373 | — | 5,373 | — | ||||||||||||||||
Restricted stock | 2,265 | 2,265 | 2,265 | — | — | ||||||||||||||||
Bank-owned life insurance | 6,394 | 6,394 | — | — | 6,394 | ||||||||||||||||
Mortgage servicing rights | 2,394 | 2,394 | — | — | 2,394 | ||||||||||||||||
Accrued interest receivable | 1,753 | 1,753 | — | — | 1,753 | ||||||||||||||||
FINANCIAL LIABILITIES | |||||||||||||||||||||
Deposits | $ | 457,612 | $ | 446,669 | $ | — | $ | — | $ | 446,669 | |||||||||||
Short-term borrowings | 18,690 | 18,690 | — | 18,690 | — | ||||||||||||||||
Long-term borrowings | 1,546 | 1,702 | — | 1,702 | — | ||||||||||||||||
Junior subordinated debt | 11,127 | 11,268 | — | — | 11,268 | ||||||||||||||||
Accrued interest payable | 270 | 270 | — | — | 270 | ||||||||||||||||
The following methods and assumptions were used by the Company in estimating the fair value of financial instruments: | |||||||||||||||||||||
• | Cash and cash equivalents – The carrying amount of cash and cash equivalents approximate their fair values due to the short period of time until their expected realization and are recorded in Level 1. | ||||||||||||||||||||
• | Securities available for sale – Securities available for sale are carried at fair value based on quoted and observable market prices and are recorded in Levels 1 and 2. Also see discussion in Note 10. | ||||||||||||||||||||
• | Loans – The fair value of loans is estimated based on discounted expected cash flows using the current interest rates at which similar loans would be made and carried in level 3. Loans held for sale, which represent current mortgage production forward sales not yet delivered, are valued based on secondary market prices. The fair value of loans does not consider the lack of liquidity and uncertainty in the market that would affect the valuation. Loans held for sale are recorded in Level 2. | ||||||||||||||||||||
• | Restricted stock – It is not practicable to determine fair value of restricted stock which is comprised of Federal Home Loan Bank and Federal Reserve Bank stock due to restrictions placed on its transferability and it is presented at its carrying value and is recorded in Level 1 due to the redemption provisions of the Federal Home Loan Bank and the Federal Reserve Bank. | ||||||||||||||||||||
• | Bank-owned life insurance – The carrying amount of bank-owned life insurance is the current cash surrender value and is recorded in level 3. | ||||||||||||||||||||
• | Mortgage serving rights – Fair value is determined based upon discounted cash flows using market-based assumptions and is recorded in Level 3. | ||||||||||||||||||||
• | Accrued interest receivable and payable – Both accrued interest receivable and payable are recorded in Level 3, as there are not active markets for these. | ||||||||||||||||||||
• | Deposits – The fair value of deposits is estimated based on discounted cash flow analyses using offered market rates and is recorded in Level 3. The fair value of deposits does not consider any customer related intangibles. | ||||||||||||||||||||
• | Borrowings – The fair value disclosed for short-term borrowings, which are composed of overnight borrowings and debt due within one year approximate the carrying value for such debt and is recorded in Level 2. The estimated fair value for long-term borrowings are estimated based on discounted cash flow analyses using offered market rates. Total borrowings are carried in Level 2. Junior subordinated debt is fair valued based on discounted cash flow analyses and is recorded in Level 3. | ||||||||||||||||||||
At September 30, 2013, the subsidiary bank had outstanding standby letters of credit and commitments to extend credit. These off-balance sheet financial instruments are generally exercisable at the market rate prevailing at the date the underlying transaction will be completed; therefore, they were deemed to have no current fair value. See Note 9. | |||||||||||||||||||||
Recent_Accounting_Pronouncemen
Recent Accounting Pronouncements | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Changes And Error Corrections [Abstract] | ' |
Recent Accounting Pronouncements | ' |
Note 12 – Recent Accounting Pronouncements | |
In February 2013, the FASB issued ASU 2013-02, an update to ASC 220 “Comprehensive Income”. The amendments in this update do not change the current reporting requirements for net income or other comprehensive income (OCI), but finalize reporting requirements related to reclassifications out of accumulated other comprehensive income (AOCI). Presentation requirements were originally addressed in ASU 2011-05, but delayed by ASU 2011-12 as a result of feedback received and have been modified in this Update to address those concerns. This Update requires entities to provide information about significant amounts reclassified out of AOCI. If the reclassified amount is required to be reclassified in its entirety to net income in the same reporting period, the entity is required to present, either on the face of the income statement or in the notes, the impact of the reclassification on the respective line items of net income. For other amounts that are reclassified partially to the balance sheet and partially to the income statement (i.e. those amounts that are not reclassified in their entirety to net income in the same reporting period), the entity must cross-reference to other disclosures that provide additional detail about those amounts. The update is effective prospectively for reporting periods beginning after December 15, 2012. The adoption of this update did not have a significant impact on the Company’s financial statements except for the added disclosures. | |
From time to time the FASB issues exposure drafts of proposed statements of financial accounting standards. Such exposure drafts are subject to comment from the public, to revisions by the FASB and to final issuance by the FASB as statements of financial accounting standards. Management considers the effect of the proposed statements on the consolidated financial statements of the Company and monitors the status of changes to and proposed effective dates of exposure drafts. | |
Subsequent_Events
Subsequent Events | 9 Months Ended |
Sep. 30, 2013 | |
Subsequent Events [Abstract] | ' |
Subsequent Events | ' |
Note 13 – Subsequent Events | |
On October 3, 2013, the Company received approval to repurchase at par value, the remaining $2.3 million, or 258 shares, of Fixed Rate Cumulative Perpetual Preferred Stock, Series A issued to the United States Treasury under the Capital Purchase Program in December of 2008. This completed the Company’s repurchase at par value of the total $10.0 million of preferred stock issued in December of 2008. | |
Fair_Value_Disclosures_Policie
Fair Value Disclosures (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Fair Value Disclosures [Abstract] | ' |
Fair Value Policy | ' |
Accounting Standards Codification (ASC) 820 defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 does not require any new fair value measurements, but clarifies and standardizes some divergent practices that have emerged since prior guidance was issued. ASC 820 creates a three-level hierarchy under which individual fair value estimates are to be ranked based on the relative reliability of the inputs used in the valuation. | |
ASC 820 defines fair value as the price that would be received to sell an asset or transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities, the Company considers the principal or most advantageous market in which those assets or liabilities are sold and considers assumptions that market participants would use when pricing those assets or liabilities. Fair values determined using Level 1 inputs rely on active and observable markets to price identical assets or liabilities. In situations where identical assets and liabilities are not traded in active markets, fair values may be determined based on Level 2 inputs, which exist when observable data exists for similar assets and liabilities. Fair values for assets and liabilities for which identical or similar assets and liabilities are not actively traded in observable markets are based on Level 3 inputs, which are considered to be unobservable. | |
Fair Value of Financial Instruments | ' |
ASC 825, “Disclosures about Fair Value of Financial Instruments,” requires disclosure of the fair value of financial assets and financial liabilities, including those that are not measured and reported at fair value on a recurring basis or non-recurring basis. | |
Comprehensive Income | ' |
In February 2013, the FASB issued ASU 2013-02, an update to ASC 220 “Comprehensive Income”. The amendments in this update do not change the current reporting requirements for net income or other comprehensive income (OCI), but finalize reporting requirements related to reclassifications out of accumulated other comprehensive income (AOCI). Presentation requirements were originally addressed in ASU 2011-05, but delayed by ASU 2011-12 as a result of feedback received and have been modified in this Update to address those concerns. This Update requires entities to provide information about significant amounts reclassified out of AOCI. If the reclassified amount is required to be reclassified in its entirety to net income in the same reporting period, the entity is required to present, either on the face of the income statement or in the notes, the impact of the reclassification on the respective line items of net income. For other amounts that are reclassified partially to the balance sheet and partially to the income statement (i.e. those amounts that are not reclassified in their entirety to net income in the same reporting period), the entity must cross-reference to other disclosures that provide additional detail about those amounts. The update is effective prospectively for reporting periods beginning after December 15, 2012. The adoption of this update did not have a significant impact on the Company’s financial statements except for the added disclosures. |
Comprehensive_Income_Tables
Comprehensive Income (Tables) | 9 Months Ended | ||||||||
Sep. 30, 2013 | |||||||||
Equity [Abstract] | ' | ||||||||
Accumulated Other Comprehensive Income | ' | ||||||||
The following table presents the changes in accumulated other comprehensive income for the three and nine months ending September 30, 2013: | |||||||||
Unrealized holding gains | |||||||||
on available-for-sale Securities (net) | |||||||||
Three months | Nine months | ||||||||
ended | ended | ||||||||
September 30, | September 30, | ||||||||
2013 | 2013 | ||||||||
(dollars in thousands) | |||||||||
Beginning Balance | $ | (173 | ) | $ | 1,487 | ||||
Other comprehensive income (loss) before reclassifications, net of $30,000 and $916,000 tax effect, respectively | (61 | ) | (1,712 | ) | |||||
Amounts reclassified from accumulated other Comprehensive income, net of $5,000 tax effect | — | (9 | ) | ||||||
Net current-period other comprehensive loss | (61 | ) | (1,721 | ) | |||||
Ending Balance | $ | (234 | ) | $ | (234 | ) | |||
Per_Share_Data_Tables
Per Share Data (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||||
Computation of Basic and Dilutive Earnings Per Share | ' | ||||||||||||||||
The computation of basic and dilutive earnings per share is summarized below: | |||||||||||||||||
Three Months Ended | Nine Months Ended | ||||||||||||||||
September 30, | September 30, | ||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Weighted average number of common shares outstanding | 7,473,903 | 7,563,255 | 7,473,903 | 7,563,255 | |||||||||||||
Effect of ESOP shares | (205,140 | ) | (183,598 | ) | (186,421 | ) | (146,802 | ) | |||||||||
Adjusted weighted average number of common shares used in computing basic net income per common share | 7,268,763 | 7,379,657 | 7,287,482 | 7,416,453 | |||||||||||||
Effect of dilutive stock options | — | — | — | — | |||||||||||||
Weighted average number of common shares and dilutive potential common shares used in computing diluted net income per common share | 7,268,763 | 7,379,657 | 7,287,482 | 7,416,453 | |||||||||||||
Investment_Securities_Tables
Investment Securities (Tables) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Investments Debt And Equity Securities [Abstract] | ' | ||||||||||||||||||||||||
Carrying Amounts and Fair Values of Securities Available for Sale | ' | ||||||||||||||||||||||||
Carrying amounts and fair values of securities available for sale are summarized below: | |||||||||||||||||||||||||
September 30, 2013 | Amortized | Gross | Gross | Fair Value | |||||||||||||||||||||
Cost | Unrealized | Unrealized | |||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
U.S. Treasury | $ | 23,522 | $ | 572 | $ | 222 | $ | 23,872 | |||||||||||||||||
U.S. Government agencies | 52,384 | 243 | 946 | 51,681 | |||||||||||||||||||||
GSE – Mortgage-backed securities and CMO’s | 40,235 | 229 | 630 | 39,834 | |||||||||||||||||||||
State and political subdivisions | 7,353 | 386 | — | 7,739 | |||||||||||||||||||||
Total securities available for sale | $ | 123,494 | $ | 1,430 | $ | 1,798 | $ | 123,126 | |||||||||||||||||
December 31, 2012 | Amortized | Gross | Gross | Fair Value | |||||||||||||||||||||
Cost | Unrealized | Unrealized | |||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
U.S. Treasury | $ | 18,731 | $ | 846 | $ | 1 | $ | 19,576 | |||||||||||||||||
U.S. Government agencies | 21,689 | 485 | — | 22,174 | |||||||||||||||||||||
GSE – Mortgage-backed securities and CMO’s | 40,766 | 379 | 123 | 41,022 | |||||||||||||||||||||
State and political subdivisions | 8,165 | 701 | — | 8,866 | |||||||||||||||||||||
Total securities available for sale | $ | 89,351 | $ | 2,411 | $ | 124 | $ | 91,638 | |||||||||||||||||
Sales of Securities Available for Sale | ' | ||||||||||||||||||||||||
Results from sales of securities available for sale for the three and nine month period ended September 30, 2013 and September 30, 2012 are as follows: | |||||||||||||||||||||||||
Three Months Ended | Nine Months Ended | ||||||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Gross proceeds from sales | $ | — | $ | — | $ | 426 | $ | 8,996 | |||||||||||||||||
Realized gains from sales | $ | — | $ | — | $ | 14 | $ | 128 | |||||||||||||||||
Realized losses from sales | — | — | — | (112 | ) | ||||||||||||||||||||
Net Realized gains | $ | — | $ | — | $ | 14 | $ | 16 | |||||||||||||||||
Gross Unrealized Losses and Fair Value of Investments | ' | ||||||||||||||||||||||||
At December 31, 2012, the unrealized losses related to two United States Treasury notes and seven mortgage backed securities. | |||||||||||||||||||||||||
Less than 12 Months | 12 Months or More | Total | |||||||||||||||||||||||
September 30, 2013 | Fair Value | Unrealized | Fair Value | Unrealized | Fair Value | Unrealized | |||||||||||||||||||
Losses | Losses | Losses | |||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Securities available for sale temporary impairment | |||||||||||||||||||||||||
U.S. Treasury | $ | 7,193 | $ | 222 | $ | — | $ | — | $ | 7,193 | $ | 222 | |||||||||||||
U.S. Gov’t agencies | 37,420 | 946 | — | — | 37,420 | 946 | |||||||||||||||||||
GSE-Mortgage-backed securities and CMO’s | 18,706 | 533 | 4,077 | 97 | 22,783 | 630 | |||||||||||||||||||
State and political subdivisions | — | — | — | — | — | — | |||||||||||||||||||
$ | 63,319 | $ | 1,701 | $ | 4,077 | $ | 97 | $ | 67,396 | $ | 1,798 | ||||||||||||||
Less than 12 Months | 12 Months or More | Total | |||||||||||||||||||||||
December 31, 2012 | Fair Value | Unrealized | Fair Value | Unrealized | Fair Value | Unrealized | |||||||||||||||||||
Losses | Losses | Losses | |||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Securities available for sale temporary impairment | |||||||||||||||||||||||||
U.S. Treasury | $ | 2,485 | $ | 1 | $ | — | $ | — | $ | 2,485 | $ | 1 | |||||||||||||
U.S. Gov’t agencies | — | — | — | — | — | — | |||||||||||||||||||
GSE-Mortgage-backed securities and CMO’s | 21,355 | 123 | — | — | 21,355 | 123 | |||||||||||||||||||
State and political subdivisions | — | — | — | — | — | — | |||||||||||||||||||
$ | 23,840 | $ | 124 | $ | — | $ | — | $ | 23,840 | $ | 124 | ||||||||||||||
Amortized Cost and Fair Value of the Available for Sale Securities Portfolio | ' | ||||||||||||||||||||||||
The aggregate amortized cost and fair value of the available for sale securities portfolio at September 30, 2013 by remaining contractual maturity are as follows: | |||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||
Amortized | Estimated | Book | |||||||||||||||||||||||
Cost | Fair Value | Yield | |||||||||||||||||||||||
Securities available for sale | |||||||||||||||||||||||||
U. S. Treasury | |||||||||||||||||||||||||
Due after one but within five years | 16,107 | 16,679 | 1.91 | % | |||||||||||||||||||||
Due after five but within ten years | 7,415 | 7,193 | 1.27 | % | |||||||||||||||||||||
23,522 | 23,872 | 1.71 | % | ||||||||||||||||||||||
U.S. Government agencies | |||||||||||||||||||||||||
Due within twelve months | 5,002 | 5,050 | 2.27 | % | |||||||||||||||||||||
Due after one but within five years | 28,422 | 28,247 | 1.32 | % | |||||||||||||||||||||
Due after five but within ten years | 18,960 | 18,384 | 1.36 | % | |||||||||||||||||||||
52,384 | 51,681 | 1.43 | % | ||||||||||||||||||||||
Mortgage-backed securities | |||||||||||||||||||||||||
Due after one but within five years | 2,630 | 2,545 | 1.66 | % | |||||||||||||||||||||
Due after five but within ten years | 5,069 | 5,170 | 1.83 | % | |||||||||||||||||||||
Due after ten years | 32,536 | 32,119 | 1.59 | % | |||||||||||||||||||||
40,235 | 39,834 | 1.62 | % | ||||||||||||||||||||||
State and political subdivisions | |||||||||||||||||||||||||
Due within twelve months | 481 | 489 | 3.28 | % | |||||||||||||||||||||
Due after one but within five years | 1,129 | 1,218 | 3.75 | % | |||||||||||||||||||||
Due after five but within ten years | 4,725 | 4,983 | 3.12 | % | |||||||||||||||||||||
Due after ten years | 1,018 | 1,049 | 4.18 | % | |||||||||||||||||||||
7,353 | 7,739 | 3.37 | % | ||||||||||||||||||||||
Total Securities available for sale | |||||||||||||||||||||||||
Due within twelve months | 5,483 | 5,539 | 2.36 | % | |||||||||||||||||||||
Due after one but within five years | 48,288 | 48,689 | 1.59 | % | |||||||||||||||||||||
Due after five but within ten years | 36,169 | 35,730 | 1.64 | % | |||||||||||||||||||||
Due after ten years | 33,554 | 33,168 | 1.67 | % | |||||||||||||||||||||
$ | 123,494 | $ | 123,126 | 1.66 | % | ||||||||||||||||||||
Loans_Held_for_Investment_Tabl
Loans Held for Investment (Tables) | 9 Months Ended | ||||||||
Sep. 30, 2013 | |||||||||
Receivables [Abstract] | ' | ||||||||
Composition of Net Loans Held for Investment by Class | ' | ||||||||
The composition of net loans held for investment by class as of September 30, 2013 and December 31, 2012 are as follows: | |||||||||
September 30, | December 31, | ||||||||
2013 | 2012 | ||||||||
(dollars in thousands) | |||||||||
Commercial | |||||||||
Commercial | $ | 46,001 | $ | 41,390 | |||||
Real estate – commercial | 96,745 | 103,304 | |||||||
Other real estate construction loans | 19,435 | 25,052 | |||||||
Noncommercial | |||||||||
Real estate 1 – 4 family construction | 3,610 | 3,080 | |||||||
Real estate – residential | 90,714 | 93,927 | |||||||
Home equity | 46,133 | 48,517 | |||||||
Consumer loans | 8,757 | 12,986 | |||||||
Other loans | 690 | 822 | |||||||
312,085 | 329,078 | ||||||||
Less: | |||||||||
Allowance for loan losses | (5,259 | ) | (6,801 | ) | |||||
Deferred loan (fees) costs, net | 63 | 105 | |||||||
Loans held for investment, net | $ | 306,889 | $ | 322,382 | |||||
Allowance_for_Loan_Losses_Tabl
Allowance for Loan Losses (Tables) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Text Block [Abstract] | ' | ||||||||||||||||||||||||
Changes in the Allowance for Loan Losses | ' | ||||||||||||||||||||||||
The following table shows the change in the allowance for loss losses by loan segment for the three and nine months periods ended September 30, 2013 and 2012, respectively: | |||||||||||||||||||||||||
Commercial | Three Months Ended | Nine Months Ended | |||||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Balance, beginning of period | $ | 2,542 | $ | 2,650 | $ | 2,791 | $ | 2,904 | |||||||||||||||||
Provision (recovery) charged to operations | (259 | ) | 424 | (152 | ) | 476 | |||||||||||||||||||
Charge-offs | (217 | ) | (367 | ) | (612 | ) | (721 | ) | |||||||||||||||||
Recoveries | 20 | 5 | 59 | 53 | |||||||||||||||||||||
Net (charge-offs) | (197 | ) | (362 | ) | (553 | ) | (668 | ) | |||||||||||||||||
Other | (1 | ) | — | (1 | ) | — | |||||||||||||||||||
Balance at end of period | $ | 2,085 | $ | 2,712 | $ | 2,085 | $ | 2,712 | |||||||||||||||||
Non-Commercial | Three Months Ended | Nine Months Ended | |||||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Balance, beginning of period | $ | 2,939 | $ | 4,419 | $ | 4,010 | $ | 3,911 | |||||||||||||||||
Provision (recovery) charged to operations | 486 | (33 | ) | (395 | ) | 618 | |||||||||||||||||||
Charge-offs | (257 | ) | (229 | ) | (522 | ) | (400 | ) | |||||||||||||||||
Recoveries | 10 | 14 | 85 | 42 | |||||||||||||||||||||
Net (charge-offs) | (247 | ) | (215 | ) | (437 | ) | (358 | ) | |||||||||||||||||
Other | (4 | ) | — | (4 | ) | — | |||||||||||||||||||
Balance at end of period | $ | 3,174 | $ | 4,171 | $ | 3,174 | $ | 4,171 | |||||||||||||||||
Schedule of Loans and Reserve Balances by Loan Segment Both Individually and Collectively Evaluated for Impairment | ' | ||||||||||||||||||||||||
The following table shows period-end loans and reserve balances by loan segment both individually and collectively evaluated for impairment at September 30, 2013 and December 31, 2012: | |||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||
Individually Evaluated | Collectively Evaluated | Total | |||||||||||||||||||||||
Reserve | Loans | Reserve | Loans | Reserve | Loans | ||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 1,278 | $ | 8,732 | $ | 807 | $ | 153,449 | $ | 2,085 | $ | 162,181 | |||||||||||||
Non-Commercial | 1,559 | 10,355 | 1,615 | 139,612 | 3,174 | 149,967 | |||||||||||||||||||
Total | $ | 2,837 | $ | 19,087 | $ | 2,422 | $ | 293,061 | $ | 5,259 | $ | 312,148 | |||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
Individually Evaluated | Collectively Evaluated | Total | |||||||||||||||||||||||
Reserve | Loans | Reserve | Loans | Reserve | Loans | ||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 1,428 | $ | 14,979 | $ | 1,363 | $ | 154,767 | $ | 2,791 | $ | 169,746 | |||||||||||||
Non-Commercial | 1,606 | 11,128 | 2,404 | 148,309 | 4,010 | 159,437 | |||||||||||||||||||
Total | $ | 3,034 | $ | 26,107 | $ | 3,767 | $ | 303,076 | $ | 6,801 | $ | 329,183 | |||||||||||||
Past Due Information of the Loan Portfolio by Class | ' | ||||||||||||||||||||||||
Past due loan information is used by management when assessing the adequacy of the allowance for loan losses. The following table summarizes the past due information of the loan portfolio by class: | |||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||
Loans | Loans | Total Past | Current | Total | Accruing | ||||||||||||||||||||
30-89 Days | 90 Days | Due Loans | Loans | Loans | Loans 90 or | ||||||||||||||||||||
Past Due | or More | More Days | |||||||||||||||||||||||
Past due | Past Due | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | — | $ | 307 | $ | 307 | $ | 45,694 | $ | 46,001 | $ | — | |||||||||||||
Real estate – commercial | 40 | 2,259 | 2,299 | 94,446 | 96,745 | — | |||||||||||||||||||
Other real estate construction | — | 1,581 | 1,581 | 17,854 | 19,435 | — | |||||||||||||||||||
Real estate 1 – 4 family construction | 115 | — | 115 | 3,495 | 3,610 | — | |||||||||||||||||||
Real estate – residential | 1,587 | 1,842 | 3,429 | 87,348 | 90,777 | — | |||||||||||||||||||
Home equity | 333 | 213 | 546 | 45,587 | 46,133 | — | |||||||||||||||||||
Consumer loans | 73 | — | 73 | 8,684 | 8,757 | — | |||||||||||||||||||
Other loans | — | — | — | 690 | 690 | — | |||||||||||||||||||
Total | $ | 2,148 | $ | 6,202 | $ | 8,350 | $ | 303,798 | $ | 312,148 | $ | — | |||||||||||||
December 31, 2012 | |||||||||||||||||||||||||
Loans | Loans | Total Past | Current | Total | Accruing | ||||||||||||||||||||
30-89 Days | 90 Days | Due Loans | Loans | Loans | Loans 90 or | ||||||||||||||||||||
Past Due | or More | More Days | |||||||||||||||||||||||
Past due | Past Due | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 98 | $ | 437 | $ | 535 | $ | 40,855 | $ | 41,390 | $ | — | |||||||||||||
Real estate – commercial | 708 | 3,032 | 3,740 | 99,564 | 103,304 | — | |||||||||||||||||||
Other real estate construction | 12 | 2,945 | 2,957 | 22,095 | 25,052 | — | |||||||||||||||||||
Real estate construction | — | — | — | 3,080 | 3,080 | — | |||||||||||||||||||
Real estate – residential | 1,309 | 2,507 | 3,816 | 90,216 | 94,032 | — | |||||||||||||||||||
Home equity | 162 | 558 | 720 | 47,797 | 48,517 | — | |||||||||||||||||||
Consumer loan | 218 | 1 | 219 | 12,767 | 12,986 | — | |||||||||||||||||||
Other loans | — | — | — | 822 | 822 | — | |||||||||||||||||||
Total | $ | 2,507 | $ | 9,480 | $ | 11,987 | $ | 317,196 | $ | 329,183 | $ | — | |||||||||||||
Composition of Nonaccrual Loans by Class | ' | ||||||||||||||||||||||||
The composition of nonaccrual loans by class as of September 30, 2013 and December 31, 2012 is as follows: | |||||||||||||||||||||||||
September 30, | December 31, | ||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 307 | $ | 437 | |||||||||||||||||||||
Real estate – commercial | 2,259 | 3,032 | |||||||||||||||||||||||
Other real estate construction | 1,581 | 2,945 | |||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | |||||||||||||||||||||||
Real estate – residential | 1,842 | 2,507 | |||||||||||||||||||||||
Home equity | 213 | 558 | |||||||||||||||||||||||
Consumer loans | — | 1 | |||||||||||||||||||||||
Other loans | — | — | |||||||||||||||||||||||
$ | 6,202 | $ | 9,480 | ||||||||||||||||||||||
Summary of Risk Grades of Portfolio by Class | ' | ||||||||||||||||||||||||
The tables below summarize risk grades of the loan portfolio by class at September 30, 2013 and December 31 2012: | |||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||
Pass | Watch | Sub- | Doubtful | Total | |||||||||||||||||||||
standard | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 45,189 | $ | 385 | $ | 427 | $ | — | $ | 46,001 | |||||||||||||||
Real estate – commercial | 84,513 | 6,450 | 5,782 | — | 96,745 | ||||||||||||||||||||
Other real estate construction | 16,640 | 630 | 2,165 | — | 19,435 | ||||||||||||||||||||
Real estate 1 – 4 family construction | 3,451 | 159 | — | — | 3,610 | ||||||||||||||||||||
Real estate – residential | 73,276 | 12,437 | 5,064 | — | 90,777 | ||||||||||||||||||||
Home equity | 44,525 | 922 | 686 | — | 46,133 | ||||||||||||||||||||
Consumer loans | 8,324 | 360 | 73 | — | 8,757 | ||||||||||||||||||||
Other loans | 690 | — | — | — | 690 | ||||||||||||||||||||
Total | $ | 276,608 | $ | 21,343 | $ | 14,197 | $ | — | $ | 312,148 | |||||||||||||||
December 31, 2012 | |||||||||||||||||||||||||
Pass | Watch | Sub- | Doubtful | Total | |||||||||||||||||||||
standard | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 39,800 | $ | 836 | $ | 754 | $ | — | $ | 41,390 | |||||||||||||||
Real estate – commercial | 84,748 | 9,337 | 9,219 | — | 103,304 | ||||||||||||||||||||
Other real estate construction | 20,684 | 577 | 3,477 | 314 | 25,052 | ||||||||||||||||||||
Real estate 1 – 4 family construction | 3,080 | — | — | — | 3,080 | ||||||||||||||||||||
Real estate – residential | 78,115 | 9,728 | 6,189 | — | 94,032 | ||||||||||||||||||||
Home equity | 46,590 | 914 | 1,013 | — | 48,517 | ||||||||||||||||||||
Consumer loans | 12,360 | 512 | 114 | — | 12,986 | ||||||||||||||||||||
Other loans | 822 | — | — | — | 822 | ||||||||||||||||||||
Total | $ | 286,199 | $ | 21,904 | $ | 20,766 | $ | 314 | $ | 329,183 | |||||||||||||||
Summary of Performing and Nonperforming Loans by Class | ' | ||||||||||||||||||||||||
The following tables show the breakdown between performing and nonperforming loans by class at September 30, 2013 and December 31, 2012: | |||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||
Performing | Non- | Total | |||||||||||||||||||||||
Performing | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 45,694 | $ | 307 | $ | 46,001 | |||||||||||||||||||
Real estate – commercial | 94,486 | 2,259 | 96,745 | ||||||||||||||||||||||
Other real estate construction | 17,854 | 1,581 | 19,435 | ||||||||||||||||||||||
Real estate 1 – 4 family construction | 3,610 | — | 3,610 | ||||||||||||||||||||||
Real estate – residential | 88,935 | 1,842 | 90,777 | ||||||||||||||||||||||
Home equity | 45,920 | 213 | 46,133 | ||||||||||||||||||||||
Consumer loans | 8,757 | — | 8,757 | ||||||||||||||||||||||
Other loans | 690 | — | 690 | ||||||||||||||||||||||
Total | $ | 305,946 | $ | 6,202 | $ | 312,148 | |||||||||||||||||||
December 31, 2012 | |||||||||||||||||||||||||
Performing | Non- | Total | |||||||||||||||||||||||
Performing | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 40,953 | $ | 437 | $ | 41,390 | |||||||||||||||||||
Real estate – commercial | 100,272 | 3,032 | 103,304 | ||||||||||||||||||||||
Other real estate construction | 22,107 | 2,945 | 25,052 | ||||||||||||||||||||||
Real estate 1 – 4 family construction | 3,080 | — | 3,080 | ||||||||||||||||||||||
Real estate – residential | 91,524 | 2,507 | 94,031 | ||||||||||||||||||||||
Home equity | 47,960 | 558 | 48,518 | ||||||||||||||||||||||
Consumer loans | 12,985 | 1 | 12,986 | ||||||||||||||||||||||
Other loans | 822 | — | 822 | ||||||||||||||||||||||
Total | $ | 319,703 | $ | 9,480 | $ | 329,183 | |||||||||||||||||||
Summary of Loans Deemed Impaired and Specific Reserves Allocated by Class | ' | ||||||||||||||||||||||||
The tables below summarize the loans deemed impaired and the amount of specific reserves allocated by class at September 30, 2013 and December 31, 2012: | |||||||||||||||||||||||||
September 30, 2013 | Unpaid | Recorded | Recorded | Related | Recorded | Recorded | |||||||||||||||||||
Principal | Investment | Investment | Allowance | Investment | Investment | ||||||||||||||||||||
Balance | With No | With | Accruing | Loans in | |||||||||||||||||||||
Allowance | Allowance | Loans 90 or | Non-accrual | ||||||||||||||||||||||
More Days | |||||||||||||||||||||||||
Past Due | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 648 | $ | — | $ | 529 | $ | 449 | $ | — | $ | 307 | |||||||||||||
Real estate – commercial | 8,222 | 4,040 | 2,119 | 487 | — | 2,259 | |||||||||||||||||||
Other real estate construction | 2,093 | 301 | 1,742 | 342 | — | 1,581 | |||||||||||||||||||
Real estate 1 – 4 family construction | 375 | 26 | 349 | 16 | — | — | |||||||||||||||||||
Real estate – residential | 9,078 | 4,144 | 4,934 | 1,127 | — | 1,842 | |||||||||||||||||||
Home equity | 754 | 273 | 481 | 347 | — | 213 | |||||||||||||||||||
Consumer loans | 148 | 79 | 69 | 69 | — | — | |||||||||||||||||||
Other loans | 1 | 1 | — | — | — | — | |||||||||||||||||||
Total | $ | 21,319 | $ | 8,864 | $ | 10,223 | $ | 2,837 | $ | — | $ | 6,202 | |||||||||||||
December 31, 2012 | Unpaid | Recorded | Recorded | Related | Recorded | Recorded | |||||||||||||||||||
Principal | Investment | Investment | Allowance | Investment | Investment | ||||||||||||||||||||
Balance | With No | With | Accruing | Loans in | |||||||||||||||||||||
Allowance | Allowance | Loans 90 or | Non-accrual | ||||||||||||||||||||||
More Days | |||||||||||||||||||||||||
Past Due | |||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 1,977 | $ | 388 | $ | 1,470 | $ | 616 | $ | — | $ | 437 | |||||||||||||
Real estate – commercial | 11,299 | 6,341 | 2,895 | 411 | — | 3,032 | |||||||||||||||||||
Other real estate construction | 3,935 | 2,437 | 1,448 | 401 | — | 2,945 | |||||||||||||||||||
Real estate 1 – 4 family construction | 840 | 713 | 127 | 127 | — | — | |||||||||||||||||||
Real estate – residential | 8,985 | 3,994 | 4,991 | 1,215 | — | 2,507 | |||||||||||||||||||
Home equity | 1,068 | 521 | 547 | 159 | — | 558 | |||||||||||||||||||
Consumer loans | 235 | 39 | 196 | 105 | — | 1 | |||||||||||||||||||
Other loans | — | — | — | — | — | — | |||||||||||||||||||
Total | $ | 28,339 | $ | 14,433 | $ | 11,674 | $ | 3,034 | $ | — | $ | 9,480 | |||||||||||||
Three Months ended | Three Months ended | ||||||||||||||||||||||||
September 30, 2013 | September 30, 2012 | ||||||||||||||||||||||||
Average | Interest | Average | Interest | ||||||||||||||||||||||
Recorded | Income | Recorded | Income | ||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 926 | $ | 3 | $ | 1,112 | $ | 23 | |||||||||||||||||
Real estate – commercial | 6,978 | 48 | 12,245 | 153 | |||||||||||||||||||||
Other real estate construction | 2,091 | 3 | 4,168 | 55 | |||||||||||||||||||||
Real estate 1 – 4 family construction | 376 | 7 | 1,014 | 15 | |||||||||||||||||||||
Real estate – residential | 8,727 | 52 | 12,680 | 166 | |||||||||||||||||||||
Home equity | 908 | 4 | 1,333 | 18 | |||||||||||||||||||||
Consumer loans | 148 | 2 | 343 | 4 | |||||||||||||||||||||
Other loans | — | — | — | — | |||||||||||||||||||||
Total | $ | 20,154 | $ | 119 | $ | 32,895 | $ | 434 | |||||||||||||||||
Nine Months ended | Nine Months ended | ||||||||||||||||||||||||
September 30, 2013 | September 30, 2012 | ||||||||||||||||||||||||
Average | Interest | Average | Interest | ||||||||||||||||||||||
Recorded | Income | Recorded | Income | ||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||
Commercial | $ | 1,001 | $ | 11 | $ | 1,301 | $ | 50 | |||||||||||||||||
Real estate – commercial | 7,340 | 186 | 12,397 | 493 | |||||||||||||||||||||
Other real estate construction | 2,108 | 16 | 4,112 | 180 | |||||||||||||||||||||
Real estate 1 – 4 family construction | 383 | 18 | 1,124 | 31 | |||||||||||||||||||||
Real estate – residential | 8,693 | 273 | 12,261 | 477 | |||||||||||||||||||||
Home equity | 954 | 17 | 1,244 | 42 | |||||||||||||||||||||
Consumer loans | 169 | 6 | 332 | 14 | |||||||||||||||||||||
Other loans | — | — | — | — | |||||||||||||||||||||
Total | $ | 20,648 | $ | 527 | $ | 32,771 | $ | 1,287 | |||||||||||||||||
Troubled_Debt_Restructures_Tab
Troubled Debt Restructures (Tables) | 9 Months Ended | ||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
Receivables [Abstract] | ' | ||||||||||||||||||||||||||||||||||||||||
Breakdown of Types of Concessions Made by Loan Class | ' | ||||||||||||||||||||||||||||||||||||||||
For the three and nine months ended September 30, 2013 and 2012 the following tables present a breakdown of the types of concessions made by loan class: | |||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
Number | Pre-Modification | Post- | |||||||||||||||||||||||||||||||||||||||
of Contracts | Outstanding | Modification | |||||||||||||||||||||||||||||||||||||||
Recorded | Outstanding | ||||||||||||||||||||||||||||||||||||||||
Investment | Recorded | ||||||||||||||||||||||||||||||||||||||||
Investment | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | — | $ | — | $ | — | ||||||||||||||||||||||||||||||||||||
Real estate – commercial | — | — | — | ||||||||||||||||||||||||||||||||||||||
Other real estate construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate – residential | 2 | 269 | 268 | ||||||||||||||||||||||||||||||||||||||
Home equity | — | — | — | ||||||||||||||||||||||||||||||||||||||
Consumer loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Other loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Total | 2 | $ | 269 | $ | 268 | ||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||
Number | Pre-Modification | Post- | |||||||||||||||||||||||||||||||||||||||
of Contracts | Outstanding | Modification | |||||||||||||||||||||||||||||||||||||||
Recorded | Outstanding | ||||||||||||||||||||||||||||||||||||||||
Investment | Recorded | ||||||||||||||||||||||||||||||||||||||||
Investment | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | 1 | $ | 33 | $ | 33 | ||||||||||||||||||||||||||||||||||||
Real estate – commercial | — | — | — | ||||||||||||||||||||||||||||||||||||||
Other real estate construction | 1 | 49 | 49 | ||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate – residential | 4 | 217 | 217 | ||||||||||||||||||||||||||||||||||||||
Home equity | — | — | — | ||||||||||||||||||||||||||||||||||||||
Consumer loans | 2 | 62 | 62 | ||||||||||||||||||||||||||||||||||||||
Other loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Total | 8 | $ | 361 | $ | 361 | ||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
Number | Pre-Modification | Post- | |||||||||||||||||||||||||||||||||||||||
of Contracts | Outstanding | Modification | |||||||||||||||||||||||||||||||||||||||
Recorded | Outstanding | ||||||||||||||||||||||||||||||||||||||||
Investment | Recorded | ||||||||||||||||||||||||||||||||||||||||
Investment | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | — | $ | — | $ | — | ||||||||||||||||||||||||||||||||||||
Real estate – commercial | 1 | 357 | 342 | ||||||||||||||||||||||||||||||||||||||
Other real estate construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate – residential | 4 | 468 | 458 | ||||||||||||||||||||||||||||||||||||||
Home equity | — | — | — | ||||||||||||||||||||||||||||||||||||||
Consumer loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Other loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Total | 5 | $ | 825 | $ | 800 | ||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||
Number | Pre-Modification | Post- | |||||||||||||||||||||||||||||||||||||||
of Contracts | Outstanding | Modification | |||||||||||||||||||||||||||||||||||||||
Recorded | Outstanding | ||||||||||||||||||||||||||||||||||||||||
Investment | Recorded | ||||||||||||||||||||||||||||||||||||||||
Investment | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | 3 | $ | 111 | $ | 101 | ||||||||||||||||||||||||||||||||||||
Real estate – commercial | 2 | 619 | 113 | ||||||||||||||||||||||||||||||||||||||
Other real estate construction | 1 | 49 | 49 | ||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | — | ||||||||||||||||||||||||||||||||||||||
Real estate – residential | 5 | 242 | 240 | ||||||||||||||||||||||||||||||||||||||
Home equity | — | — | — | ||||||||||||||||||||||||||||||||||||||
Consumer loans | 3 | 114 | 108 | ||||||||||||||||||||||||||||||||||||||
Other loans | — | — | — | ||||||||||||||||||||||||||||||||||||||
Total | 14 | $ | 1,135 | $ | 611 | ||||||||||||||||||||||||||||||||||||
Loans Modified as Troubled Debt Restructurings Within Previous Twelve Months for Which There Was Payment Default | ' | ||||||||||||||||||||||||||||||||||||||||
The following tables present loans that were modified as troubled debt restructurings within the previous twelve months ending September 30, 2013 and 2012 for which there was a payment default: | |||||||||||||||||||||||||||||||||||||||||
Twelve months ended | |||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
Number | Recorded | ||||||||||||||||||||||||||||||||||||||||
of Loans | Investment | ||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | — | $ | — | ||||||||||||||||||||||||||||||||||||||
Real estate – commercial | — | — | |||||||||||||||||||||||||||||||||||||||
Other real estate construction | — | — | |||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | |||||||||||||||||||||||||||||||||||||||
Real estate – residential | — | — | |||||||||||||||||||||||||||||||||||||||
Home Equity loans | — | — | |||||||||||||||||||||||||||||||||||||||
Consumer loans | — | — | |||||||||||||||||||||||||||||||||||||||
Other loans | — | — | |||||||||||||||||||||||||||||||||||||||
Total | — | $ | — | ||||||||||||||||||||||||||||||||||||||
Twelve months ended | |||||||||||||||||||||||||||||||||||||||||
September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||
Number | Recorded | ||||||||||||||||||||||||||||||||||||||||
of Loans | Investment | ||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Other: | |||||||||||||||||||||||||||||||||||||||||
Commercial | 1 | $ | 33 | ||||||||||||||||||||||||||||||||||||||
Real estate – commercial | — | — | |||||||||||||||||||||||||||||||||||||||
Other real estate construction | 1 | 49 | |||||||||||||||||||||||||||||||||||||||
Real estate 1 – 4 family construction | — | — | |||||||||||||||||||||||||||||||||||||||
Real estate – residential | 5 | 240 | |||||||||||||||||||||||||||||||||||||||
Home Equity loans | — | — | |||||||||||||||||||||||||||||||||||||||
Consumer loans | 2 | 64 | |||||||||||||||||||||||||||||||||||||||
Other loans | — | — | |||||||||||||||||||||||||||||||||||||||
Total | 9 | $ | 386 | ||||||||||||||||||||||||||||||||||||||
Schedule of Successes and Failures of Types of Debt Restructuring | ' | ||||||||||||||||||||||||||||||||||||||||
The following tables present the successes and failures of the types of modifications within the previous twelve months ending September 30, 2013 and 2012: | |||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
Paid In Full | Paying as restructured | Converted to nonaccrual | Foreclosure/ Default | ||||||||||||||||||||||||||||||||||||||
Number of | Recorded | Number of | Recorded | Number of | Recorded | Number of | Recorded | ||||||||||||||||||||||||||||||||||
Loans | Investments | Loans | Investments | Loans | Investments | Loans | Investments | ||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Below market interest rate | — | $ | — | — | $ | — | — | $ | — | — | $ | — | |||||||||||||||||||||||||||||
Extended payment terms | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||
Forgiveness of Principal | — | — | 10 | 1,578 | — | — | — | — | |||||||||||||||||||||||||||||||||
Other Loans | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||
Total | — | $ | — | 10 | $ | 1,578 | — | $ | — | — | $ | — | |||||||||||||||||||||||||||||
September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||
Paid In Full | Paying as restructured | Converted to nonaccrual | Foreclosure/ Default | ||||||||||||||||||||||||||||||||||||||
Number of | Recorded | Number of | Recorded | Number of | Recorded | Number of | Recorded | ||||||||||||||||||||||||||||||||||
Loans | Investments | Loans | Investments | Loans | Investments | Loans | Investments | ||||||||||||||||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||
Below market interest rate | — | $ | — | — | $ | — | — | $ | — | — | $ | — | |||||||||||||||||||||||||||||
Other Loans | — | — | 6 | 352 | — | — | 11 | 897 | |||||||||||||||||||||||||||||||||
Total | — | $ | — | 6 | $ | 352 | — | $ | — | 11 | $ | 897 | |||||||||||||||||||||||||||||
Commitments_and_Contingencies_
Commitments and Contingencies (Tables) | 9 Months Ended | ||||
Sep. 30, 2013 | |||||
Commitments And Contingencies Disclosure [Abstract] | ' | ||||
Outstanding Financial Instruments Whose Contract Amounts Represent Credit Risk | ' | ||||
At September 30, 2013, outstanding financial instruments whose contract amounts represent credit risk were approximately: | |||||
(dollars in thousands) | |||||
Commitments to extend credit | $ | 62,112 | |||
Credit card commitments | 8,102 | ||||
Standby letters of credit | 1,100 | ||||
Total commitments | $ | 71,314 | |||
Fair_Value_Disclosures_Tables
Fair Value Disclosures (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value Information for Assets and Liabilities Measured at Fair Value on Recurring Basis | ' | ||||||||||||||||
The following table provides fair value information for assets and liabilities measured at fair value on a recurring basis as of September 30, 2013 and December 31, 2012: | |||||||||||||||||
September 30, 2013 | |||||||||||||||||
(dollars in thousands) | |||||||||||||||||
Total | Level 1 | Level 2 | Level 3 | ||||||||||||||
Securities available for sale: | |||||||||||||||||
US Treasury | $ | 23,872 | $ | 23,872 | $ | — | $ | — | |||||||||
US Government Agencies | 51,681 | — | 51,681 | — | |||||||||||||
GSE – Mortgage-backed securities and CMO’s | 39,834 | — | 39,834 | — | |||||||||||||
State and political subdivisions | 7,739 | — | 7,739 | — | |||||||||||||
Total assets at fair value | $ | 123,126 | $ | 23,872 | $ | 99,254 | $ | — | |||||||||
Total liabilities at fair value | $ | — | $ | — | $ | — | $ | — | |||||||||
December 31, 2012 | |||||||||||||||||
(dollars in thousands) | |||||||||||||||||
Total | Level 1 | Level 2 | Level 3 | ||||||||||||||
Securities available for sale: | |||||||||||||||||
US Treasury | $ | 19,576 | $ | 19,576 | $ | — | $ | — | |||||||||
US Gov’t Agencies | 22,174 | — | 22,174 | — | |||||||||||||
GSE – Mortgage-backed securities and CMO’s | 41,022 | — | 41,022 | — | |||||||||||||
State and political subdivisions | 8,866 | — | 8,866 | — | |||||||||||||
Total assets at fair value | $ | 91,638 | $ | 19,576 | $ | 72,062 | $ | — | |||||||||
Total liabilities at fair value | $ | — | $ | — | $ | — | $ | — | |||||||||
Assets Measured at Fair Value on Nonrecurring Basis | ' | ||||||||||||||||
Assets measured at fair value on a nonrecurring basis are included in the table below as of September 30, 2013 and December 31, 2012: | |||||||||||||||||
September 30, 2013 | |||||||||||||||||
(dollars in thousands) | |||||||||||||||||
Total | Level 1 | Level 2 | Level 3 | ||||||||||||||
Impaired loans | $ | 7,386 | $ | — | $ | — | $ | 7,386 | |||||||||
Loans held for sale | 560 | — | 560 | — | |||||||||||||
Other real estate owned | 4,206 | — | — | 4,206 | |||||||||||||
Total assets at fair value | $ | 12,152 | $ | — | $ | 560 | $ | 11,592 | |||||||||
Total liabilities at fair value | $ | — | $ | — | $ | — | $ | — | |||||||||
December 31, 2012 | |||||||||||||||||
(dollars in thousands) | |||||||||||||||||
Total | Level 1 | Level 2 | Level 3 | ||||||||||||||
Impaired loans | $ | 8,640 | $ | — | $ | — | $ | 8,640 | |||||||||
Loans held for sale | 5,373 | — | 5,373 | — | |||||||||||||
Other real estate owned | 5,596 | — | — | 5,596 | |||||||||||||
Total assets at fair value | $ | 19,609 | $ | — | $ | 5,373 | $ | 14,236 | |||||||||
Total liabilities at fair value | $ | — | $ | — | $ | — | $ | — | |||||||||
Quantitative Information about Level 3 Fair Value Measurements | ' | ||||||||||||||||
Quantitative Information about Level 3 Fair Value Measurements | |||||||||||||||||
Valuation Technique | Unobservable Input | General | |||||||||||||||
Range | |||||||||||||||||
Nonrecurring measurements: | |||||||||||||||||
OREO | Discounted appraisals | Collateral discounts and Estimated costs to sell | 0 – 10% | ||||||||||||||
Impaired loans | Discounted appraisals | Collateral discounts and Estimated costs to sell | 0 – 30% |
Fair_Values_of_Financial_Instr1
Fair Values of Financial Instruments and Interest Rate Risk (Tables) | 9 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||
Comparison of Carrying Amounts and the Estimated Fair Value of the Financial Instruments | ' | ||||||||||||||||||||
The following table reflects a comparison of carrying amounts and the estimated fair value of the financial instruments as of September 30, 2013 and December 31, 2012: | |||||||||||||||||||||
September 30, 2013 | |||||||||||||||||||||
Carrying | Estimated | Level 1 | Level 2 | Level 3 | |||||||||||||||||
Value | Fair Value | ||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||
FINANCIAL ASSETS | |||||||||||||||||||||
Cash and cash equivalents | $ | 56,716 | $ | 56,716 | $ | 56,716 | $ | — | $ | — | |||||||||||
Securities available for sale | 123,126 | 123,126 | 23,872 | 99,254 | — | ||||||||||||||||
Loans held for investment, net | 306,889 | 315,061 | — | — | 315,061 | ||||||||||||||||
Loans held for sale | 560 | 560 | — | 560 | — | ||||||||||||||||
Restricted stock | 1,319 | 1,319 | 1,319 | — | — | ||||||||||||||||
Bank-owned life insurance | 6,486 | 6,486 | — | — | 6,486 | ||||||||||||||||
Mortgage servicing rights | 2,436 | 3,010 | — | — | 3,010 | ||||||||||||||||
Accrued interest receivable | 1,618 | 1,618 | — | — | 1,618 | ||||||||||||||||
FINANCIAL LIABILITIES | |||||||||||||||||||||
Deposits | $ | 462,984 | $ | 450,552 | $ | — | $ | — | $ | 450,552 | |||||||||||
Short-term borrowings | 6,004 | 6,038 | — | 6,038 | — | ||||||||||||||||
Long-term borrowings | 38 | 38 | — | 38 | — | ||||||||||||||||
Junior subordinated debt | 11,127 | 11,252 | — | — | 11,252 | ||||||||||||||||
Accrued interest payable | 231 | 231 | — | — | 231 | ||||||||||||||||
December 31, 2012 | |||||||||||||||||||||
Carrying | Estimated | Level 1 | Level 2 | Level 3 | |||||||||||||||||
Value | Fair Value | ||||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||||
FINANCIAL ASSETS | |||||||||||||||||||||
Cash and cash equivalents | $ | 81,728 | $ | 81,728 | $ | 81,728 | $ | — | $ | — | |||||||||||
Securities available for sale | 91,638 | 91,638 | 19,576 | 72,062 | — | ||||||||||||||||
Loans held for investment, net | 322,382 | 331,386 | — | — | 331,386 | ||||||||||||||||
Loans held for sale | 5,373 | 5,373 | — | 5,373 | — | ||||||||||||||||
Restricted stock | 2,265 | 2,265 | 2,265 | — | — | ||||||||||||||||
Bank-owned life insurance | 6,394 | 6,394 | — | — | 6,394 | ||||||||||||||||
Mortgage servicing rights | 2,394 | 2,394 | — | — | 2,394 | ||||||||||||||||
Accrued interest receivable | 1,753 | 1,753 | — | — | 1,753 | ||||||||||||||||
FINANCIAL LIABILITIES | |||||||||||||||||||||
Deposits | $ | 457,612 | $ | 446,669 | $ | — | $ | — | $ | 446,669 | |||||||||||
Short-term borrowings | 18,690 | 18,690 | — | 18,690 | — | ||||||||||||||||
Long-term borrowings | 1,546 | 1,702 | — | 1,702 | — | ||||||||||||||||
Junior subordinated debt | 11,127 | 11,268 | — | — | 11,268 | ||||||||||||||||
Accrued interest payable | 270 | 270 | — | — | 270 |
Comprehensive_Income_Accumulat
Comprehensive Income - Accumulated Other Comprehensive Income (Detail) (USD $) | 3 Months Ended | 9 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2013 |
Equity [Abstract] | ' | ' |
Beginning Balance | ($173) | $1,487 |
Other comprehensive income (loss) before reclassifications, net of $30,000 and $916,000 tax effect, respectively | -61 | -1,712 |
Amounts reclassified from accumulated other Comprehensive income, net of $5,000 tax effect | ' | -9 |
Net current-period other comprehensive loss | -61 | -1,721 |
Ending Balance | ($234) | ($234) |
Comprehensive_Income_Accumulat1
Comprehensive Income - Accumulated Other Comprehensive Income (Parenthetical) (Detail) (USD $) | 3 Months Ended | 9 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | |
Equity [Abstract] | ' | ' | ' |
Other comprehensive income before reclassifications, net of tax | $30,000 | $916,000 | ' |
Related tax effect | ' | $5,000 | $6,000 |
Noncontrolling_Interest_Additi
Noncontrolling Interest - Additional Information (Detail) (USD $) | 3 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2012 | |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] | ' | ' |
Sale | $2,800,000 | ' |
Total issuance costs | 23,000 | 113,000 |
Noncontrolling interest | 7,759,000 | ' |
Preferred Stock Series B [Member] | ' | ' |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] | ' | ' |
Dividends rate | ' | 5.30% |
Voting rights | ' | 'The preferred stock has no voting rights |
Preferred Stock Series C [Member] | ' | ' |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] | ' | ' |
Dividends rate | 5.30% | ' |
Voting rights | 'The preferred stock has no voting rights | ' |
Bank of Stanly [Member] | ' | ' |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] | ' | ' |
Sale | ' | 4,500,000 |
Anson Bank & Trust Co [Member] | ' | ' |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] | ' | ' |
Sale | ' | 1,500,000 |
Cabarrus Bank and Trust [Member] | ' | ' |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] | ' | ' |
Sale | ' | $1,900,000 |
Per_Share_Data_Additional_Info
Per Share Data - Additional Information (Detail) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Earnings Per Share [Abstract] | ' | ' | ' | ' |
Stock outstanding options not included in the computation of EPS | 92,491 | 122,341 | 92,491 | 122,341 |
Per_Share_Data_Computation_of_
Per Share Data - Computation of Basic and Dilutive Earnings Per Share (Detail) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Earnings Per Share [Abstract] | ' | ' | ' | ' |
Weighted average number of common shares outstanding | 7,473,903 | 7,563,255 | 7,473,903 | 7,563,255 |
Effect of ESOP shares | -205,140 | -183,598 | -186,421 | -146,802 |
Adjusted weighted average number of common shares used in computing basic net income per common share | 7,268,763 | 7,379,657 | 7,287,482 | 7,416,453 |
Effect of dilutive stock options | ' | ' | ' | ' |
Weighted average number of common shares and dilutive potential common shares used in computing diluted net income per common share | 7,268,763 | 7,379,657 | 7,287,482 | 7,416,453 |
Investment_Securities_Carrying
Investment Securities - Carrying Amounts and Fair Values of Securities Available for Sale (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | $123,494 | $89,351 |
Gross Unrealized Gains | 1,430 | 2,411 |
Gross Unrealized Losses | 1,798 | 124 |
Fair Value | 123,126 | 91,638 |
U.S. Treasury [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 23,522 | 18,731 |
Gross Unrealized Gains | 572 | 846 |
Gross Unrealized Losses | 222 | 1 |
Fair Value | 23,872 | 19,576 |
U.S. Government Agencies [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 52,384 | 21,689 |
Gross Unrealized Gains | 243 | 485 |
Gross Unrealized Losses | 946 | ' |
Fair Value | 51,681 | 22,174 |
Mortgage-Backed Securities [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 40,235 | 40,766 |
Gross Unrealized Gains | 229 | 379 |
Gross Unrealized Losses | 630 | 123 |
Fair Value | 39,834 | 41,022 |
State and Political Subdivisions [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 7,353 | 8,165 |
Gross Unrealized Gains | 386 | 701 |
Gross Unrealized Losses | ' | ' |
Fair Value | $7,739 | $8,866 |
Investment_Securities_Addition
Investment Securities - Additional Information (Detail) (USD $) | 9 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | |
Security | Security | Mortgage-Backed Securities [Member] | Mortgage-Backed Securities [Member] | |
Security | Security | |||
Investment Securities [Line Items] | ' | ' | ' | ' |
Federal Reserve stock owned by Company | $467,000 | $803,000 | ' | ' |
Federal Home Loan Bank stock | 852,000 | 1,500,000 | ' | ' |
Securities available for sale pledged as collateral on public deposits | 63,200,000 | 48,800,000 | ' | ' |
Number of mortgage backed securities related to unrealized losses | 10 | 7 | ' | ' |
Number of treasury note related to unrealized losses | 2 | 2 | ' | ' |
Number of Government agency bond | 10 | ' | ' | ' |
Number of mortgage backed securities | ' | ' | 2 | 2 |
Available for sale securities | ' | ' | $0 | $0 |
Investment_Securities_Sales_of
Investment Securities - Sales of Securities Available for Sale (Detail) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Investments Debt And Equity Securities [Abstract] | ' | ' | ' | ' |
Gross proceeds from sales | ' | ' | $426 | $8,996 |
Realized gains from sales | ' | ' | 14 | 128 |
Realized losses from sales | ' | ' | ' | -112 |
Net realized gains | ' | ' | $14 | $16 |
Investment_Securities_Gross_Un
Investment Securities - Gross Unrealized Losses and Fair Value of Investments (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Less than Twelve Months, Fair Value | $63,319 | $23,840 |
Available-for-sale Securities, Gross unrealized losses, Less than Twelve Months, Unrealized Losses | 1,701 | 124 |
Available-for-sale Securities, Gross unrealized losses, Twelve Months or More, Fair Value | 4,077 | ' |
Available-for-sale Securities, Gross unrealized losses, Twelve Months or More, Unrealized Losses | 97 | ' |
Available-for-sale Securities, Gross unrealized losses, Fair Value | 67,396 | 23,840 |
Available-for-sale Securities, Gross unrealized losses, Unrealized Losses | 1,798 | 124 |
U.S. Treasury [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Less than Twelve Months, Fair Value | 7,193 | 2,485 |
Available-for-sale Securities, Gross unrealized losses, Less than Twelve Months, Unrealized Losses | 222 | 1 |
Available-for-sale Securities, Gross unrealized losses, Twelve Months or More, Fair Value | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Twelve Months or More, Unrealized Losses | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Fair Value | 7,193 | 2,485 |
Available-for-sale Securities, Gross unrealized losses, Unrealized Losses | 222 | 1 |
U.S. Government Agencies [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Less than Twelve Months, Fair Value | 37,420 | ' |
Available-for-sale Securities, Gross unrealized losses, Less than Twelve Months, Unrealized Losses | 946 | ' |
Available-for-sale Securities, Gross unrealized losses, Twelve Months or More, Fair Value | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Twelve Months or More, Unrealized Losses | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Fair Value | 37,420 | ' |
Available-for-sale Securities, Gross unrealized losses, Unrealized Losses | 946 | ' |
Mortgage-Backed Securities [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Less than Twelve Months, Fair Value | 18,706 | 21,355 |
Available-for-sale Securities, Gross unrealized losses, Less than Twelve Months, Unrealized Losses | 533 | 123 |
Available-for-sale Securities, Gross unrealized losses, Twelve Months or More, Fair Value | 4,077 | ' |
Available-for-sale Securities, Gross unrealized losses, Twelve Months or More, Unrealized Losses | 97 | ' |
Available-for-sale Securities, Gross unrealized losses, Fair Value | 22,783 | 21,355 |
Available-for-sale Securities, Gross unrealized losses, Unrealized Losses | 630 | 123 |
State and Political Subdivisions [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Less than Twelve Months, Fair Value | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Less than Twelve Months, Unrealized Losses | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Twelve Months or More, Fair Value | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Twelve Months or More, Unrealized Losses | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Fair Value | ' | ' |
Available-for-sale Securities, Gross unrealized losses, Unrealized Losses | ' | ' |
Investment_Securities_Amortize
Investment Securities - Amortized Cost and Fair Value of the Available for Sale Securities Portfolio (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Due within twelve months, Amortized Cost | $5,483 | ' |
Due after one but within five years, Amortized Cost | 48,288 | ' |
Due after five but within ten years, Amortized Cost | 36,169 | ' |
Due after ten years, Amortized Cost | 33,554 | ' |
Total securities available for sale, Amortized Cost | 123,494 | ' |
Due within twelve months, Estimated Fair Value | 5,539 | ' |
Due after one but within five years, Estimated Fair Value | 48,689 | ' |
Due after five but within ten years, Estimated Fair Value | 35,730 | ' |
Due after ten years, Estimated Fair Value | 33,168 | ' |
Fair Value | 123,126 | 91,638 |
Due within twelve months, Book Yield | 2.36% | ' |
Due after one but within five years, Book Yield | 1.59% | ' |
Due after five but within ten years, Book Yield | 1.64% | ' |
Due after ten years, Book Yield | 1.67% | ' |
Total securities available for sale, Book Yield | 1.66% | ' |
U.S. Treasury [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Due after one but within five years, Amortized Cost | 16,107 | ' |
Due after five but within ten years, Amortized Cost | 7,415 | ' |
Total securities available for sale, Amortized Cost | 23,522 | ' |
Due after one but within five years, Estimated Fair Value | 16,679 | ' |
Due after five but within ten years, Estimated Fair Value | 7,193 | ' |
Fair Value | 23,872 | 19,576 |
Due after one but within five years, Book Yield | 1.91% | ' |
Due after five but within ten years, Book Yield | 1.27% | ' |
Total securities available for sale, Book Yield | 1.71% | ' |
U.S. Government Agencies [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Due within twelve months, Amortized Cost | 5,002 | ' |
Due after one but within five years, Amortized Cost | 28,422 | ' |
Due after five but within ten years, Amortized Cost | 18,960 | ' |
Total securities available for sale, Amortized Cost | 52,384 | ' |
Due within twelve months, Estimated Fair Value | 5,050 | ' |
Due after one but within five years, Estimated Fair Value | 28,247 | ' |
Due after five but within ten years, Estimated Fair Value | 18,384 | ' |
Fair Value | 51,681 | 22,174 |
Due within twelve months, Book Yield | 2.27% | ' |
Due after one but within five years, Book Yield | 1.32% | ' |
Due after five but within ten years, Book Yield | 1.36% | ' |
Total securities available for sale, Book Yield | 1.43% | ' |
Mortgage-Backed Securities [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Due after one but within five years, Amortized Cost | 2,630 | ' |
Due after five but within ten years, Amortized Cost | 5,069 | ' |
Due after ten years, Amortized Cost | 32,536 | ' |
Total securities available for sale, Amortized Cost | 40,235 | ' |
Due after one but within five years, Estimated Fair Value | 2,545 | ' |
Due after five but within ten years, Estimated Fair Value | 5,170 | ' |
Due after ten years, Estimated Fair Value | 32,119 | ' |
Fair Value | 39,834 | 41,022 |
Due after one but within five years, Book Yield | 1.66% | ' |
Due after five but within ten years, Book Yield | 1.83% | ' |
Due after ten years, Book Yield | 1.59% | ' |
Total securities available for sale, Book Yield | 1.62% | ' |
State and Political Subdivisions [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Due within twelve months, Amortized Cost | 481 | ' |
Due after one but within five years, Amortized Cost | 1,129 | ' |
Due after five but within ten years, Amortized Cost | 4,725 | ' |
Due after ten years, Amortized Cost | 1,018 | ' |
Total securities available for sale, Amortized Cost | 7,353 | ' |
Due within twelve months, Estimated Fair Value | 489 | ' |
Due after one but within five years, Estimated Fair Value | 1,218 | ' |
Due after five but within ten years, Estimated Fair Value | 4,983 | ' |
Due after ten years, Estimated Fair Value | 1,049 | ' |
Fair Value | $7,739 | $8,866 |
Due within twelve months, Book Yield | 3.28% | ' |
Due after one but within five years, Book Yield | 3.75% | ' |
Due after five but within ten years, Book Yield | 3.12% | ' |
Due after ten years, Book Yield | 4.18% | ' |
Total securities available for sale, Book Yield | 3.37% | ' |
Loans_Held_for_Investment_Comp
Loans Held for Investment - Composition of Net Loans Held for Investment by Class (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | |
In Thousands, unless otherwise specified | |||
Noncancelable Obligations Future Minimum Payments Due [Line Items] | ' | ' | |
Loans, Total | $312,085 | $329,078 | |
Less: | ' | ' | |
Allowance for loan losses | -5,259 | -6,801 | [1] |
Deferred loan (fees) costs, net | 63 | 105 | |
Net loans held for investment | 306,889 | 322,382 | [1] |
Commercial Loan [Member] | Commercial [Member] | ' | ' | |
Noncancelable Obligations Future Minimum Payments Due [Line Items] | ' | ' | |
Loans, Total | 46,001 | 41,390 | |
Real Estate - Commercial [Member] | Commercial [Member] | ' | ' | |
Noncancelable Obligations Future Minimum Payments Due [Line Items] | ' | ' | |
Loans, Total | 96,745 | 103,304 | |
Other Real Estate Construction [Member] | Commercial [Member] | ' | ' | |
Noncancelable Obligations Future Minimum Payments Due [Line Items] | ' | ' | |
Loans, Total | 19,435 | 25,052 | |
Real Estate 1-4 Family Construction [Member] | Non-Commercial [Member] | ' | ' | |
Noncancelable Obligations Future Minimum Payments Due [Line Items] | ' | ' | |
Loans, Total | 3,610 | 3,080 | |
Real Estate - Residential [Member] | Non-Commercial [Member] | ' | ' | |
Noncancelable Obligations Future Minimum Payments Due [Line Items] | ' | ' | |
Loans, Total | 90,714 | 93,927 | |
Home Equity [Member] | Non-Commercial [Member] | ' | ' | |
Noncancelable Obligations Future Minimum Payments Due [Line Items] | ' | ' | |
Loans, Total | 46,133 | 48,517 | |
Consumer Loans [Member] | Non-Commercial [Member] | ' | ' | |
Noncancelable Obligations Future Minimum Payments Due [Line Items] | ' | ' | |
Loans, Total | 8,757 | 12,986 | |
Other Loans [Member] | Non-Commercial [Member] | ' | ' | |
Noncancelable Obligations Future Minimum Payments Due [Line Items] | ' | ' | |
Loans, Total | $690 | $822 | |
[1] | Derived from audited consolidated financial statements |
Allowance_For_Loan_Losses_Chan
Allowance For Loan Losses - Changes in the Allowance for Loan Losses (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 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 | |
In Thousands, unless otherwise specified | Commercial [Member] | Commercial [Member] | Commercial [Member] | Commercial [Member] | Non-Commercial [Member] | Non-Commercial [Member] | Non-Commercial [Member] | Non-Commercial [Member] | |||
Schedule Of Allowance For Loan Losses [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |
Balance, beginning of period | $5,259 | $6,801 | [1] | $2,542 | $2,650 | $2,791 | $2,904 | $2,939 | $4,419 | $4,010 | $3,911 |
Provision (recovery) charged to operations | ' | ' | -259 | 424 | -152 | 476 | 486 | -33 | -395 | 618 | |
Charge-offs | ' | ' | -217 | -367 | -612 | -721 | -257 | -229 | -522 | -400 | |
Recoveries | ' | ' | 20 | 5 | 59 | 53 | 10 | 14 | 85 | 42 | |
Net (charge-offs) | ' | ' | -197 | -362 | -553 | -668 | -247 | -215 | -437 | -358 | |
Other | ' | ' | -1 | ' | -1 | ' | -4 | ' | -4 | ' | |
Balance at end of period | $5,259 | $6,801 | [1] | $2,085 | $2,712 | $2,085 | $2,712 | $3,174 | $4,171 | $3,174 | $4,171 |
[1] | Derived from audited consolidated financial statements |
Allowance_for_Loan_Losses_Sche
Allowance for Loan Losses - Schedule of Loans and Reserve Balances by Loan Segment Both Individually and Collectively Evaluated for Impairment (Detail) (USD $) | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | |
In Thousands, unless otherwise specified | |||||||
Schedule Of Loans And Allowance For Loan By Class Individually And Collectively Evaluated For Impairment [Line Items] | ' | ' | ' | ' | ' | ' | |
Reserve | $5,259 | ' | $6,801 | [1] | ' | ' | ' |
Loans | 312,148 | ' | 329,183 | [1] | ' | ' | ' |
All Commercial [Member] | ' | ' | ' | ' | ' | ' | |
Schedule Of Loans And Allowance For Loan By Class Individually And Collectively Evaluated For Impairment [Line Items] | ' | ' | ' | ' | ' | ' | |
Reserve | 2,085 | ' | 2,791 | ' | ' | ' | |
Loans | 162,181 | ' | 169,746 | ' | ' | ' | |
Non-Commercial [Member] | ' | ' | ' | ' | ' | ' | |
Schedule Of Loans And Allowance For Loan By Class Individually And Collectively Evaluated For Impairment [Line Items] | ' | ' | ' | ' | ' | ' | |
Reserve | 3,174 | 2,939 | 4,010 | 4,171 | 4,419 | 3,911 | |
Loans | 149,967 | ' | 159,437 | ' | ' | ' | |
Individually Evaluated [Member] | ' | ' | ' | ' | ' | ' | |
Schedule Of Loans And Allowance For Loan By Class Individually And Collectively Evaluated For Impairment [Line Items] | ' | ' | ' | ' | ' | ' | |
Reserve | 2,837 | ' | 3,034 | ' | ' | ' | |
Loans | 19,087 | ' | 26,107 | ' | ' | ' | |
Individually Evaluated [Member] | All Commercial [Member] | ' | ' | ' | ' | ' | ' | |
Schedule Of Loans And Allowance For Loan By Class Individually And Collectively Evaluated For Impairment [Line Items] | ' | ' | ' | ' | ' | ' | |
Reserve | 1,278 | ' | 1,428 | ' | ' | ' | |
Loans | 8,732 | ' | 14,979 | ' | ' | ' | |
Individually Evaluated [Member] | Non-Commercial [Member] | ' | ' | ' | ' | ' | ' | |
Schedule Of Loans And Allowance For Loan By Class Individually And Collectively Evaluated For Impairment [Line Items] | ' | ' | ' | ' | ' | ' | |
Reserve | 1,559 | ' | 1,606 | ' | ' | ' | |
Loans | 10,355 | ' | 11,128 | ' | ' | ' | |
Collectively Evaluated [Member] | ' | ' | ' | ' | ' | ' | |
Schedule Of Loans And Allowance For Loan By Class Individually And Collectively Evaluated For Impairment [Line Items] | ' | ' | ' | ' | ' | ' | |
Reserve | 2,422 | ' | 3,767 | ' | ' | ' | |
Loans | 293,061 | ' | 303,076 | ' | ' | ' | |
Collectively Evaluated [Member] | All Commercial [Member] | ' | ' | ' | ' | ' | ' | |
Schedule Of Loans And Allowance For Loan By Class Individually And Collectively Evaluated For Impairment [Line Items] | ' | ' | ' | ' | ' | ' | |
Reserve | 807 | ' | 1,363 | ' | ' | ' | |
Loans | 153,449 | ' | 154,767 | ' | ' | ' | |
Collectively Evaluated [Member] | Non-Commercial [Member] | ' | ' | ' | ' | ' | ' | |
Schedule Of Loans And Allowance For Loan By Class Individually And Collectively Evaluated For Impairment [Line Items] | ' | ' | ' | ' | ' | ' | |
Reserve | 1,615 | ' | 2,404 | ' | ' | ' | |
Loans | $139,612 | ' | $148,309 | ' | ' | ' | |
[1] | Derived from audited consolidated financial statements |
Allowance_for_Loan_Losses_Past
Allowance for Loan Losses - Past Due Information of the Loan Portfolio by Class (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | |
In Thousands, unless otherwise specified | |||
Schedule Of Financial Receivables [Line Items] | ' | ' | |
Loans 30-89 Days Past Due | $2,148 | $2,507 | |
Loans 90 Days or More Past Due | 6,202 | 9,480 | |
Total Past Due Loans | 8,350 | 11,987 | |
Current Loans | 303,798 | 317,196 | |
Net loans held for investment | 312,148 | 329,183 | [1] |
Accruing Loans 90 or More Days Past Due | ' | ' | |
Commercial [Member] | ' | ' | |
Schedule Of Financial Receivables [Line Items] | ' | ' | |
Loans 30-89 Days Past Due | ' | 98 | |
Loans 90 Days or More Past Due | 307 | 437 | |
Total Past Due Loans | 307 | 535 | |
Current Loans | 45,694 | 40,855 | |
Net loans held for investment | 46,001 | 41,390 | |
Accruing Loans 90 or More Days Past Due | ' | ' | |
Real Estate - Commercial [Member] | ' | ' | |
Schedule Of Financial Receivables [Line Items] | ' | ' | |
Loans 30-89 Days Past Due | 40 | 708 | |
Loans 90 Days or More Past Due | 2,259 | 3,032 | |
Total Past Due Loans | 2,299 | 3,740 | |
Current Loans | 94,446 | 99,564 | |
Net loans held for investment | 96,745 | 103,304 | |
Accruing Loans 90 or More Days Past Due | ' | ' | |
Other Real Estate Construction [Member] | ' | ' | |
Schedule Of Financial Receivables [Line Items] | ' | ' | |
Loans 30-89 Days Past Due | ' | 12 | |
Loans 90 Days or More Past Due | 1,581 | 2,945 | |
Total Past Due Loans | 1,581 | 2,957 | |
Current Loans | 17,854 | 22,095 | |
Net loans held for investment | 19,435 | 25,052 | |
Accruing Loans 90 or More Days Past Due | ' | ' | |
Real Estate 1-4 Family Construction [Member] | ' | ' | |
Schedule Of Financial Receivables [Line Items] | ' | ' | |
Loans 30-89 Days Past Due | 115 | ' | |
Loans 90 Days or More Past Due | ' | ' | |
Total Past Due Loans | 115 | ' | |
Current Loans | 3,495 | ' | |
Net loans held for investment | 3,610 | 3,080 | |
Accruing Loans 90 or More Days Past Due | ' | ' | |
Real Estate Construction [Member] | ' | ' | |
Schedule Of Financial Receivables [Line Items] | ' | ' | |
Loans 30-89 Days Past Due | ' | ' | |
Loans 90 Days or More Past Due | ' | ' | |
Total Past Due Loans | ' | ' | |
Current Loans | ' | 3,080 | |
Net loans held for investment | ' | 3,080 | |
Accruing Loans 90 or More Days Past Due | ' | ' | |
Real Estate - Residential [Member] | ' | ' | |
Schedule Of Financial Receivables [Line Items] | ' | ' | |
Loans 30-89 Days Past Due | 1,587 | 1,309 | |
Loans 90 Days or More Past Due | 1,842 | 2,507 | |
Total Past Due Loans | 3,429 | 3,816 | |
Current Loans | 87,348 | 90,216 | |
Net loans held for investment | 90,777 | 94,032 | |
Accruing Loans 90 or More Days Past Due | ' | ' | |
Home Equity [Member] | ' | ' | |
Schedule Of Financial Receivables [Line Items] | ' | ' | |
Loans 30-89 Days Past Due | 333 | 162 | |
Loans 90 Days or More Past Due | 213 | 558 | |
Total Past Due Loans | 546 | 720 | |
Current Loans | 45,587 | 47,797 | |
Net loans held for investment | 46,133 | 48,517 | |
Accruing Loans 90 or More Days Past Due | ' | ' | |
Consumer Loans [Member] | ' | ' | |
Schedule Of Financial Receivables [Line Items] | ' | ' | |
Loans 30-89 Days Past Due | 73 | 218 | |
Loans 90 Days or More Past Due | ' | 1 | |
Total Past Due Loans | 73 | 219 | |
Current Loans | 8,684 | 12,767 | |
Net loans held for investment | 8,757 | 12,986 | |
Accruing Loans 90 or More Days Past Due | ' | ' | |
Other Loans [Member] | ' | ' | |
Schedule Of Financial Receivables [Line Items] | ' | ' | |
Loans 30-89 Days Past Due | ' | ' | |
Loans 90 Days or More Past Due | ' | ' | |
Total Past Due Loans | ' | ' | |
Current Loans | 690 | 822 | |
Net loans held for investment | 690 | 822 | |
Accruing Loans 90 or More Days Past Due | ' | ' | |
[1] | Derived from audited consolidated financial statements |
Allowance_for_Loan_Losses_Addi
Allowance for Loan Losses - Additional Information (Detail) | 9 Months Ended |
Sep. 30, 2013 | |
Receivables [Abstract] | ' |
Financing receivable recorded investment number of days past due | '90 days |
Allowance_for_Loan_Losses_Comp
Allowance for Loan Losses - Composition of Nonaccrual Loans by Class (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Schedule Of Financial Receivables [Line Items] | ' | ' |
Increase in non-performing loans | $6,202 | $9,480 |
Commercial [Member] | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' |
Increase in non-performing loans | 307 | 437 |
Real Estate - Commercial [Member] | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' |
Increase in non-performing loans | 2,259 | 3,032 |
Other Real Estate Construction [Member] | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' |
Increase in non-performing loans | 1,581 | 2,945 |
Real Estate 1-4 Family Construction [Member] | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' |
Increase in non-performing loans | ' | ' |
Real Estate - Residential [Member] | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' |
Increase in non-performing loans | 1,842 | 2,507 |
Home Equity [Member] | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' |
Increase in non-performing loans | 213 | 558 |
Consumer Loans [Member] | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' |
Increase in non-performing loans | ' | 1 |
Other Loans [Member] | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' |
Increase in non-performing loans | ' | ' |
Allowance_for_Loan_Losses_Summ
Allowance for Loan Losses - Summary of Risk Grades of Portfolio by Class (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | |
In Thousands, unless otherwise specified | |||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | $312,148 | $329,183 | [1] |
Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 46,001 | 41,390 | |
Real Estate - Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 96,745 | 103,304 | |
Other Real Estate Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 19,435 | 25,052 | |
Real Estate 1-4 Family Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 3,610 | 3,080 | |
Real Estate - Residential [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 90,777 | 94,032 | |
Home Equity [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 46,133 | 48,517 | |
Consumer Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 8,757 | 12,986 | |
Other Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 690 | 822 | |
Pass [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 276,608 | 286,199 | |
Pass [Member] | Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 45,189 | 39,800 | |
Pass [Member] | Real Estate - Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 84,513 | 84,748 | |
Pass [Member] | Other Real Estate Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 16,640 | 20,684 | |
Pass [Member] | Real Estate 1-4 Family Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 3,451 | 3,080 | |
Pass [Member] | Real Estate - Residential [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 73,276 | 78,115 | |
Pass [Member] | Home Equity [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 44,525 | 46,590 | |
Pass [Member] | Consumer Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 8,324 | 12,360 | |
Pass [Member] | Other Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 690 | 822 | |
Watch [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 21,343 | 21,904 | |
Watch [Member] | Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 385 | 836 | |
Watch [Member] | Real Estate - Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 6,450 | 9,337 | |
Watch [Member] | Other Real Estate Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 630 | 577 | |
Watch [Member] | Real Estate 1-4 Family Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 159 | ' | |
Watch [Member] | Real Estate - Residential [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 12,437 | 9,728 | |
Watch [Member] | Home Equity [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 922 | 914 | |
Watch [Member] | Consumer Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 360 | 512 | |
Watch [Member] | Other Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
Sub-standard [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 14,197 | 20,766 | |
Sub-standard [Member] | Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 427 | 754 | |
Sub-standard [Member] | Real Estate - Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 5,782 | 9,219 | |
Sub-standard [Member] | Other Real Estate Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 2,165 | 3,477 | |
Sub-standard [Member] | Real Estate 1-4 Family Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
Sub-standard [Member] | Real Estate - Residential [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 5,064 | 6,189 | |
Sub-standard [Member] | Home Equity [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 686 | 1,013 | |
Sub-standard [Member] | Consumer Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 73 | 114 | |
Sub-standard [Member] | Other Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
Doubtful [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | 314 | |
Doubtful [Member] | Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
Doubtful [Member] | Real Estate - Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
Doubtful [Member] | Other Real Estate Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | 314 | |
Doubtful [Member] | Real Estate 1-4 Family Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
Doubtful [Member] | Real Estate - Residential [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
Doubtful [Member] | Home Equity [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
Doubtful [Member] | Consumer Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
Doubtful [Member] | Other Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
[1] | Derived from audited consolidated financial statements |
Allowance_for_Loan_Losses_Summ1
Allowance for Loan Losses - Summary of Performing and Nonperforming Loans by Class (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | |
In Thousands, unless otherwise specified | |||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | $312,148 | $329,183 | [1] |
Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 305,946 | 319,703 | |
Non-Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 6,202 | 9,480 | |
Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 46,001 | 41,390 | |
Commercial [Member] | Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 45,694 | 40,953 | |
Commercial [Member] | Non-Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 307 | 437 | |
Real Estate - Commercial [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 96,745 | 103,304 | |
Real Estate - Commercial [Member] | Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 94,486 | 100,272 | |
Real Estate - Commercial [Member] | Non-Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 2,259 | 3,032 | |
Other Real Estate Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 19,435 | 25,052 | |
Other Real Estate Construction [Member] | Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 17,854 | 22,107 | |
Other Real Estate Construction [Member] | Non-Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 1,581 | 2,945 | |
Real Estate 1-4 Family Construction [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 3,610 | 3,080 | |
Real Estate 1-4 Family Construction [Member] | Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 3,610 | 3,080 | |
Real Estate 1-4 Family Construction [Member] | Non-Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
Real Estate - Residential [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 90,777 | 94,032 | |
Real Estate - Residential [Member] | Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 88,935 | 91,524 | |
Real Estate - Residential [Member] | Non-Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 1,842 | 2,507 | |
Home Equity [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 46,133 | 48,517 | |
Home Equity [Member] | Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 45,920 | 47,960 | |
Home Equity [Member] | Non-Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 213 | 558 | |
Consumer Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 8,757 | 12,986 | |
Consumer Loans [Member] | Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 8,757 | 12,985 | |
Consumer Loans [Member] | Non-Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | 1 | |
Other Loans [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 690 | 822 | |
Other Loans [Member] | Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | 690 | 822 | |
Other Loans [Member] | Non-Performing [Member] | ' | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | ' | |
Loans | ' | ' | |
[1] | Derived from audited consolidated financial statements |
Allowance_for_Loan_Losses_Summ2
Allowance for Loan Losses - Summary of Loans Deemed Impaired and Specific Reserves Allocated by Class (Detail) (USD $) | 3 Months Ended | 9 Months Ended | |||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 |
Schedule Of Financial Receivables [Line Items] | ' | ' | ' | ' | ' |
Unpaid Principal Balance | $21,319 | ' | $21,319 | ' | $28,339 |
Recorded Investment With No Allowance | 8,864 | ' | 8,864 | ' | 14,433 |
Recorded Investment With Allowance | 10,223 | ' | 10,223 | ' | 11,674 |
Related Allowance | 2,837 | ' | 2,837 | ' | 3,034 |
Recorded Investment Accruing Loans 90 or More Days Past Due | ' | ' | ' | ' | ' |
Recorded Investment Loans in Non-accrual | 6,202 | ' | 6,202 | ' | 9,480 |
Average Recorded Investment | 20,154 | 32,895 | 20,648 | 32,771 | ' |
Interest Income | 119 | 434 | 527 | 1,287 | ' |
Commercial [Member] | ' | ' | ' | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' | ' | ' | ' |
Unpaid Principal Balance | 648 | ' | 648 | ' | 1,977 |
Recorded Investment With No Allowance | ' | ' | ' | ' | 388 |
Recorded Investment With Allowance | 529 | ' | 529 | ' | 1,470 |
Related Allowance | 449 | ' | 449 | ' | 616 |
Recorded Investment Accruing Loans 90 or More Days Past Due | ' | ' | ' | ' | ' |
Recorded Investment Loans in Non-accrual | 307 | ' | 307 | ' | 437 |
Average Recorded Investment | 926 | 1,112 | 1,001 | 1,301 | ' |
Interest Income | 3 | 23 | 11 | 50 | ' |
Real Estate - Commercial [Member] | ' | ' | ' | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' | ' | ' | ' |
Unpaid Principal Balance | 8,222 | ' | 8,222 | ' | 11,299 |
Recorded Investment With No Allowance | 4,040 | ' | 4,040 | ' | 6,341 |
Recorded Investment With Allowance | 2,119 | ' | 2,119 | ' | 2,895 |
Related Allowance | 487 | ' | 487 | ' | 411 |
Recorded Investment Accruing Loans 90 or More Days Past Due | ' | ' | ' | ' | ' |
Recorded Investment Loans in Non-accrual | 2,259 | ' | 2,259 | ' | 3,032 |
Average Recorded Investment | 6,978 | 12,245 | 7,340 | 12,397 | ' |
Interest Income | 48 | 153 | 186 | 493 | ' |
Other Real Estate Construction [Member] | ' | ' | ' | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' | ' | ' | ' |
Unpaid Principal Balance | 2,093 | ' | 2,093 | ' | 3,935 |
Recorded Investment With No Allowance | 301 | ' | 301 | ' | 2,437 |
Recorded Investment With Allowance | 1,742 | ' | 1,742 | ' | 1,448 |
Related Allowance | 342 | ' | 342 | ' | 401 |
Recorded Investment Accruing Loans 90 or More Days Past Due | ' | ' | ' | ' | ' |
Recorded Investment Loans in Non-accrual | 1,581 | ' | 1,581 | ' | 2,945 |
Average Recorded Investment | 2,091 | 4,168 | 2,108 | 4,112 | ' |
Interest Income | 3 | 55 | 16 | 180 | ' |
Real Estate 1-4 Family Construction [Member] | ' | ' | ' | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' | ' | ' | ' |
Unpaid Principal Balance | 375 | ' | 375 | ' | 840 |
Recorded Investment With No Allowance | 26 | ' | 26 | ' | 713 |
Recorded Investment With Allowance | 349 | ' | 349 | ' | 127 |
Related Allowance | 16 | ' | 16 | ' | 127 |
Recorded Investment Accruing Loans 90 or More Days Past Due | ' | ' | ' | ' | ' |
Recorded Investment Loans in Non-accrual | ' | ' | ' | ' | ' |
Average Recorded Investment | 376 | 1,014 | 383 | 1,124 | ' |
Interest Income | 7 | 15 | 18 | 31 | ' |
Real Estate - Residential [Member] | ' | ' | ' | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' | ' | ' | ' |
Unpaid Principal Balance | 9,078 | ' | 9,078 | ' | 8,985 |
Recorded Investment With No Allowance | 4,144 | ' | 4,144 | ' | 3,994 |
Recorded Investment With Allowance | 4,934 | ' | 4,934 | ' | 4,991 |
Related Allowance | 1,127 | ' | 1,127 | ' | 1,215 |
Recorded Investment Accruing Loans 90 or More Days Past Due | ' | ' | ' | ' | ' |
Recorded Investment Loans in Non-accrual | 1,842 | ' | 1,842 | ' | 2,507 |
Average Recorded Investment | 8,727 | 12,680 | 8,693 | 12,261 | ' |
Interest Income | 52 | 166 | 273 | 477 | ' |
Home Equity [Member] | ' | ' | ' | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' | ' | ' | ' |
Unpaid Principal Balance | 754 | ' | 754 | ' | 1,068 |
Recorded Investment With No Allowance | 273 | ' | 273 | ' | 521 |
Recorded Investment With Allowance | 481 | ' | 481 | ' | 547 |
Related Allowance | 347 | ' | 347 | ' | 159 |
Recorded Investment Accruing Loans 90 or More Days Past Due | ' | ' | ' | ' | ' |
Recorded Investment Loans in Non-accrual | 213 | ' | 213 | ' | 558 |
Average Recorded Investment | 908 | 1,333 | 954 | 1,244 | ' |
Interest Income | 4 | 18 | 17 | 42 | ' |
Consumer Loans [Member] | ' | ' | ' | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' | ' | ' | ' |
Unpaid Principal Balance | 148 | ' | 148 | ' | 235 |
Recorded Investment With No Allowance | 79 | ' | 79 | ' | 39 |
Recorded Investment With Allowance | 69 | ' | 69 | ' | 196 |
Related Allowance | 69 | ' | 69 | ' | 105 |
Recorded Investment Accruing Loans 90 or More Days Past Due | ' | ' | ' | ' | ' |
Recorded Investment Loans in Non-accrual | ' | ' | ' | ' | 1 |
Average Recorded Investment | 148 | 343 | 169 | 332 | ' |
Interest Income | 2 | 4 | 6 | 14 | ' |
Other Loans [Member] | ' | ' | ' | ' | ' |
Schedule Of Financial Receivables [Line Items] | ' | ' | ' | ' | ' |
Unpaid Principal Balance | 1 | ' | 1 | ' | ' |
Recorded Investment With No Allowance | 1 | ' | 1 | ' | ' |
Recorded Investment With Allowance | ' | ' | ' | ' | ' |
Related Allowance | ' | ' | ' | ' | ' |
Recorded Investment Accruing Loans 90 or More Days Past Due | ' | ' | ' | ' | ' |
Recorded Investment Loans in Non-accrual | ' | ' | ' | ' | ' |
Average Recorded Investment | ' | ' | ' | ' | ' |
Interest Income | ' | ' | ' | ' | ' |
Troubled_Debt_Restructures_Bre
Troubled Debt Restructures - Breakdown of Types of Concessions Made by Loan Class (Detail) (Other [Member], USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Contract | Contract | Contract | Contract | |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' | ' | ' |
Number of Contracts | 2 | 8 | 5 | 14 |
Pre-Modification Outstanding Recorded Investment | $269 | $361 | $825 | $1,135 |
Post-Modification Outstanding Recorded Investment | 268 | 361 | 800 | 611 |
Commercial [Member] | ' | ' | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' | ' | ' |
Number of Contracts | ' | 1 | ' | 3 |
Pre-Modification Outstanding Recorded Investment | ' | 33 | ' | 111 |
Post-Modification Outstanding Recorded Investment | ' | 33 | ' | 101 |
Real Estate - Commercial [Member] | ' | ' | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' | ' | ' |
Number of Contracts | ' | ' | 1 | 2 |
Pre-Modification Outstanding Recorded Investment | ' | ' | 357 | 619 |
Post-Modification Outstanding Recorded Investment | ' | ' | 342 | 113 |
Other Real Estate Construction [Member] | ' | ' | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' | ' | ' |
Number of Contracts | ' | 1 | ' | 1 |
Pre-Modification Outstanding Recorded Investment | ' | 49 | ' | 49 |
Post-Modification Outstanding Recorded Investment | ' | 49 | ' | 49 |
Real Estate 1-4 Family Construction [Member] | ' | ' | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' | ' | ' |
Number of Contracts | ' | ' | ' | ' |
Pre-Modification Outstanding Recorded Investment | ' | ' | ' | ' |
Post-Modification Outstanding Recorded Investment | ' | ' | ' | ' |
Real Estate - Residential [Member] | ' | ' | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' | ' | ' |
Number of Contracts | 2 | 4 | 4 | 5 |
Pre-Modification Outstanding Recorded Investment | 269 | 217 | 468 | 242 |
Post-Modification Outstanding Recorded Investment | 268 | 217 | 458 | 240 |
Home Equity [Member] | ' | ' | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' | ' | ' |
Number of Contracts | ' | ' | ' | ' |
Pre-Modification Outstanding Recorded Investment | ' | ' | ' | ' |
Post-Modification Outstanding Recorded Investment | ' | ' | ' | ' |
Consumer Loans [Member] | ' | ' | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' | ' | ' |
Number of Contracts | ' | 2 | ' | 3 |
Pre-Modification Outstanding Recorded Investment | ' | 62 | ' | 114 |
Post-Modification Outstanding Recorded Investment | ' | 62 | ' | 108 |
Other Loans [Member] | ' | ' | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' | ' | ' |
Number of Contracts | ' | ' | ' | ' |
Pre-Modification Outstanding Recorded Investment | ' | ' | ' | ' |
Post-Modification Outstanding Recorded Investment | ' | ' | ' | ' |
Troubled_Debt_Restructures_Loa
Troubled Debt Restructures - Loans Modified as Troubled Debt Restructurings Within Previous Twelve Months for Which There Was Payment Default (Detail) (Other [Member], USD $) | 12 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
Loans | Loans | |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' |
Number of Loans | ' | 9 |
Recorded Investment | ' | $386 |
Commercial [Member] | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' |
Number of Loans | ' | 1 |
Recorded Investment | ' | 33 |
Real Estate - Commercial [Member] | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investment | ' | ' |
Other Real Estate Construction [Member] | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' |
Number of Loans | ' | 1 |
Recorded Investment | ' | 49 |
Real Estate 1-4 Family Construction [Member] | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investment | ' | ' |
Real Estate - Residential [Member] | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' |
Number of Loans | ' | 5 |
Recorded Investment | ' | 240 |
Home Equity [Member] | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investment | ' | ' |
Consumer Loans [Member] | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' |
Number of Loans | ' | 2 |
Recorded Investment | ' | 64 |
Other Loans [Member] | ' | ' |
Financing Receivable Modifications Number Of Contracts [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investment | ' | ' |
Troubled_Debt_Restructures_Add
Troubled Debt Restructures - Additional Information (Detail) (USD $) | 9 Months Ended |
Sep. 30, 2013 | |
Debt Disclosure [Abstract] | ' |
Troubled debt restructure is defined as being past due | '90 days |
Allowance for loan loss on TDR | $639,000 |
Troubled_Debt_Restructures_Sch
Troubled Debt Restructures - Schedule of Successes and Failures of Types of Debt Restructuring (Detail) (USD $) | Sep. 30, 2013 | Sep. 30, 2012 |
In Thousands, unless otherwise specified | Loans | Loans |
Paid In Full [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Paid In Full [Member] | Below Market Interest Rate [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Paid In Full [Member] | Extend Payment Terms [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Paid In Full [Member] | Forgiveness of Principal [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Paid In Full [Member] | Other Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Paying as Restructured [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | 10 | 6 |
Recorded Investments | 1,578 | 352 |
Paying as Restructured [Member] | Below Market Interest Rate [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Paying as Restructured [Member] | Extend Payment Terms [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Paying as Restructured [Member] | Forgiveness of Principal [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | 10 | ' |
Recorded Investments | 1,578 | ' |
Paying as Restructured [Member] | Other Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | 6 |
Recorded Investments | ' | 352 |
Converted to Nonaccrual [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Converted to Nonaccrual [Member] | Below Market Interest Rate [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Converted to Nonaccrual [Member] | Extend Payment Terms [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Converted to Nonaccrual [Member] | Forgiveness of Principal [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Converted to Nonaccrual [Member] | Other Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Foreclosure/ Default [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | 11 |
Recorded Investments | ' | 897 |
Foreclosure/ Default [Member] | Below Market Interest Rate [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Foreclosure/ Default [Member] | Extend Payment Terms [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Foreclosure/ Default [Member] | Forgiveness of Principal [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | ' |
Recorded Investments | ' | ' |
Foreclosure/ Default [Member] | Other Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Loans | ' | 11 |
Recorded Investments | ' | $897 |
Commitments_and_Contingencies_1
Commitments and Contingencies - Outstanding Financial Instruments Whose Contract Amounts Represent Credit Risk (Detail) (USD $) | Sep. 30, 2013 |
In Thousands, unless otherwise specified | |
Loss Contingencies [Line Items] | ' |
Total commitments | $71,314 |
Commitments to Extend Credit [Member] | ' |
Loss Contingencies [Line Items] | ' |
Total commitments | 62,112 |
Credit Card Commitments [Member] | ' |
Loss Contingencies [Line Items] | ' |
Total commitments | 8,102 |
Standby Letters of Credit [Member] | ' |
Loss Contingencies [Line Items] | ' |
Total commitments | $1,100 |
Fair_Value_Disclosures_Fair_Va
Fair Value Disclosures - Fair Value Information for Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | |
In Thousands, unless otherwise specified | |||
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | $123,126 | $91,638 | [1] |
Level 1 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 23,872 | 19,576 | |
Level 2 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 99,254 | 72,062 | |
Level 3 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 123,126 | 91,638 | |
Total liabilities at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | U.S. Treasury [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 23,872 | 19,576 | |
Fair Value on a Recurring Basis [Member] | U.S. Government Agencies [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 51,681 | 22,174 | |
Fair Value on a Recurring Basis [Member] | Mortgage-Backed Securities [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 39,834 | 41,022 | |
Fair Value on a Recurring Basis [Member] | State and Political Subdivisions [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 7,739 | 8,866 | |
Fair Value on a Recurring Basis [Member] | Level 1 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 23,872 | 19,576 | |
Total liabilities at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | Level 1 [Member] | U.S. Treasury [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 23,872 | 19,576 | |
Fair Value on a Recurring Basis [Member] | Level 1 [Member] | U.S. Government Agencies [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | Level 1 [Member] | Mortgage-Backed Securities [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | Level 1 [Member] | State and Political Subdivisions [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | Level 2 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 99,254 | 72,062 | |
Total liabilities at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | Level 2 [Member] | U.S. Treasury [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | Level 2 [Member] | U.S. Government Agencies [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 51,681 | 22,174 | |
Fair Value on a Recurring Basis [Member] | Level 2 [Member] | Mortgage-Backed Securities [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 39,834 | 41,022 | |
Fair Value on a Recurring Basis [Member] | Level 2 [Member] | State and Political Subdivisions [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 7,739 | 8,866 | |
Fair Value on a Recurring Basis [Member] | Level 3 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | ' | ' | |
Total liabilities at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | Level 3 [Member] | U.S. Treasury [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | Level 3 [Member] | U.S. Government Agencies [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | Level 3 [Member] | Mortgage-Backed Securities [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | ' | ' | |
Fair Value on a Recurring Basis [Member] | Level 3 [Member] | State and Political Subdivisions [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | ' | ' | |
[1] | Derived from audited consolidated financial statements |
Fair_Value_Disclosures_Assets_
Fair Value Disclosures - Assets Measured at Fair Value on Nonrecurring Basis (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | |
In Thousands, unless otherwise specified | |||
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | $123,126 | $91,638 | [1] |
Level 1 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 23,872 | 19,576 | |
Level 2 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | 99,254 | 72,062 | |
Level 3 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Total assets at fair value | ' | ' | |
Fair Value on a Nonrecurring Basis [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Impaired loans | 7,386 | 8,640 | |
Loans held for sale | 560 | 5,373 | |
Other real estate owned | 4,206 | 5,596 | |
Total assets at fair value | 12,152 | 19,609 | |
Total liabilities at fair value | ' | ' | |
Fair Value on a Nonrecurring Basis [Member] | Level 1 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Impaired loans | ' | ' | |
Loans held for sale | ' | ' | |
Other real estate owned | ' | ' | |
Total assets at fair value | ' | ' | |
Total liabilities at fair value | ' | ' | |
Fair Value on a Nonrecurring Basis [Member] | Level 2 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Impaired loans | ' | ' | |
Loans held for sale | 560 | 5,373 | |
Other real estate owned | ' | ' | |
Total assets at fair value | 560 | 5,373 | |
Total liabilities at fair value | ' | ' | |
Fair Value on a Nonrecurring Basis [Member] | Level 3 [Member] | ' | ' | |
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items] | ' | ' | |
Impaired loans | 7,386 | 8,640 | |
Loans held for sale | ' | ' | |
Other real estate owned | 4,206 | 5,596 | |
Total assets at fair value | 11,592 | 14,236 | |
Total liabilities at fair value | ' | ' | |
[1] | Derived from audited consolidated financial statements |
Fair_Value_Disclosures_Quantit
Fair Value Disclosures - Quantitative Information about Level 3 Fair Value Measurements (Detail) (Fair Value on a Nonrecurring Basis [Member], Level 3 [Member]) | 9 Months Ended |
Sep. 30, 2013 | |
OREO [Member] | ' |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' |
Valuation Technique | 'Discounted appraisals |
Impaired Loans [Member] | ' |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' |
Valuation Technique | 'Discounted appraisals |
Minimum [Member] | OREO [Member] | ' |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' |
Fair value inputs discount rate and estimated costs to sell | 0.00% |
Minimum [Member] | Impaired Loans [Member] | ' |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' |
Fair value inputs discount rate and estimated costs to sell | 0.00% |
Maximum [Member] | OREO [Member] | ' |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' |
Fair value inputs discount rate and estimated costs to sell | 10.00% |
Maximum [Member] | Impaired Loans [Member] | ' |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' |
Fair value inputs discount rate and estimated costs to sell | 30.00% |
Fair_Values_of_Financial_Instr2
Fair Values of Financial Instruments and Interest Rate Risk - Comparison of Carrying Amounts and the Estimated Fair Value of the Financial Instruments (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | |
Fair Value Assets Liabilities Quantitative Information [Line Items] | ' | ' | |
Securities available for sale | $123,126,000 | $91,638,000 | [1] |
Loans held for investment, net | 306,889,000 | 322,382,000 | [1] |
Loans held for sale | 560,000 | 5,373,000 | [1] |
Restricted stock | 852,000 | 1,500,000 | |
Bank-owned life insurance | 6,486,000 | 6,394,000 | [1] |
Accrued interest receivable | 1,618,000 | 1,753,000 | [1] |
Deposits | 462,984,000 | 457,612,000 | [1] |
Short-term borrowings | 6,004,000 | 18,690,000 | [1] |
Accrued interest payable | 231,000 | 270,000 | [1] |
Carrying Value [Member] | ' | ' | |
Fair Value Assets Liabilities Quantitative Information [Line Items] | ' | ' | |
Cash and cash equivalents | 56,716,000 | 81,728,000 | |
Securities available for sale | 123,126,000 | 91,638,000 | |
Loans held for investment, net | 306,889,000 | 322,382,000 | |
Loans held for sale | 560,000 | 5,373,000 | |
Restricted stock | 1,319,000 | 2,265,000 | |
Bank-owned life insurance | 6,486,000 | 6,394,000 | |
Mortgage servicing rights | 2,436,000 | 2,394,000 | |
Accrued interest receivable | 1,618,000 | 1,753,000 | |
Deposits | 462,984,000 | 457,612,000 | |
Short-term borrowings | 6,004,000 | 18,690,000 | |
Long-term borrowings | 38,000 | 1,546,000 | |
Junior subordinated debt | 11,127,000 | 11,127,000 | |
Accrued interest payable | 231,000 | 270,000 | |
Estimated Fair Value [Member] | ' | ' | |
Fair Value Assets Liabilities Quantitative Information [Line Items] | ' | ' | |
Cash and cash equivalents | 56,716,000 | 81,728,000 | |
Securities available for sale | 123,126,000 | 91,638,000 | |
Loans held for investment, net | 315,061,000 | 331,386,000 | |
Loans held for sale | 560,000 | 5,373,000 | |
Restricted stock | 1,319,000 | 2,265,000 | |
Bank-owned life insurance | 6,486,000 | 6,394,000 | |
Mortgage servicing rights | 3,010,000 | 2,394,000 | |
Accrued interest receivable | 1,618,000 | 1,753,000 | |
Deposits | 450,552,000 | 446,669,000 | |
Short-term borrowings | 6,038,000 | 18,690,000 | |
Long-term borrowings | 38,000 | 1,702,000 | |
Junior subordinated debt | 11,252,000 | 11,268,000 | |
Accrued interest payable | 231,000 | 270,000 | |
Level 1 [Member] | ' | ' | |
Fair Value Assets Liabilities Quantitative Information [Line Items] | ' | ' | |
Cash and cash equivalents | 56,716,000 | 81,728,000 | |
Securities available for sale | 23,872,000 | 19,576,000 | |
Loans held for investment, net | ' | ' | |
Loans held for sale | ' | ' | |
Restricted stock | 1,319,000 | 2,265,000 | |
Bank-owned life insurance | ' | ' | |
Mortgage servicing rights | ' | ' | |
Accrued interest receivable | ' | ' | |
Deposits | ' | ' | |
Short-term borrowings | ' | ' | |
Long-term borrowings | ' | ' | |
Junior subordinated debt | ' | ' | |
Accrued interest payable | ' | ' | |
Level 2 [Member] | ' | ' | |
Fair Value Assets Liabilities Quantitative Information [Line Items] | ' | ' | |
Cash and cash equivalents | ' | ' | |
Securities available for sale | 99,254,000 | 72,062,000 | |
Loans held for investment, net | ' | ' | |
Loans held for sale | 560,000 | 5,373,000 | |
Restricted stock | ' | ' | |
Bank-owned life insurance | ' | ' | |
Mortgage servicing rights | ' | ' | |
Accrued interest receivable | ' | ' | |
Deposits | ' | ' | |
Short-term borrowings | 6,038,000 | 18,690,000 | |
Long-term borrowings | 38,000 | 1,702,000 | |
Junior subordinated debt | ' | ' | |
Accrued interest payable | ' | ' | |
Level 3 [Member] | ' | ' | |
Fair Value Assets Liabilities Quantitative Information [Line Items] | ' | ' | |
Cash and cash equivalents | ' | ' | |
Securities available for sale | ' | ' | |
Loans held for investment, net | 315,061,000 | 331,386,000 | |
Loans held for sale | ' | ' | |
Restricted stock | ' | ' | |
Bank-owned life insurance | 6,486,000 | 6,394,000 | |
Mortgage servicing rights | 3,010,000 | 2,394,000 | |
Accrued interest receivable | 1,618,000 | 1,753,000 | |
Deposits | 450,552,000 | 446,669,000 | |
Short-term borrowings | ' | ' | |
Long-term borrowings | ' | ' | |
Junior subordinated debt | 11,252,000 | 11,268,000 | |
Accrued interest payable | $231,000 | $270,000 | |
[1] | Derived from audited consolidated financial statements |
Fair_Values_of_Financial_Instr3
Fair Values of Financial Instruments and Interest Rate Risk - Additional Information (Detail) (USD $) | 9 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2013 |
Fair Value Assets And Liabilities Measured On Recurring Basis [Abstract] | ' |
Short term borrowings due period | '1 year |
Current fair value of off-balance sheet financial instruments | $0 |
Subsequent_Events_Additional_I
Subsequent Events - Additional Information (Detail) (Subsequent Events [Member], USD $) | 1 Months Ended |
In Millions, except Share data, unless otherwise specified | Oct. 03, 2013 |
Subsequent Event [Line Items] | ' |
Stock to be repurchased | $10 |
Fixed Rate Cumulative Perpetual Preferred Stock, Series A [Member] | ' |
Subsequent Event [Line Items] | ' |
Amount of shares to be repurchased | $2.30 |
Number of shares to be repurchased | 258 |