|
LOANS, NET (Tables)
|
6 Months Ended |
|
Jun. 30, 2012
|
| Notes to Financial Statements |
|
| Schedule of composition of the loan portfolio |
|
(Dollars in Thousands)
|
|
June 30, 2012
|
|
December 31, 2011
|
|
|
Commercial,
Financial and Agricultural
|
|
$
|
136,736
|
|
$
|
130,879
|
|
|
Real Estate
- Construction
|
|
|
42,616
|
|
|
18,892
|
|
|
Real Estate
- Commercial Mortgage
|
|
|
605,819
|
|
|
639,140
|
|
|
Real Estate
- Residential(1)
|
|
|
346,054
|
|
|
385,621
|
|
|
Real Estate
- Home Equity
|
|
|
242,929
|
|
|
244,263
|
|
|
Real Estate
- Loans Held-for-Sale
|
|
|
16,969
|
|
|
21,225
|
|
|
Consumer
|
|
|
165,113
|
|
|
188,663
|
|
|
Loans, Net of Unearned Income
|
|
$
|
1,556,236
|
|
$
|
1,628,683
|
|
|
|
|
|
(1)
|
Includes loans in process with outstanding balances of $5.8 million
and $12.5 million for June 30, 2012 and December 31, 2011, respectively.
|
|
| Schedule of age analysis of past due loans, segregated by class of loans |
|
(Dollars in Thousands)
|
|
30-59
DPD
|
|
60-89
DPD
|
|
Over 90
DPD
|
|
Total
Past Due
|
|
Total
Current
|
|
Total
Loans
|
|
|
June 30, 2012
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial,
Financial and Agricultural
|
|
$
|
521
|
|
$
|
175
|
|
$
|
|
|
$
|
696
|
|
$
|
135,225
|
|
$
|
136,736
|
|
|
Real Estate
- Construction
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
40,421
|
|
|
46,803
|
|
|
Real Estate
- Commercial Mortgage
|
|
|
7,240
|
|
|
288
|
|
|
|
|
|
7,528
|
|
|
558,590
|
|
|
605,819
|
|
|
Real Estate
- Residential
|
|
|
3,966
|
|
|
1,254
|
|
|
|
|
|
5,220
|
|
|
325,173
|
|
|
353,199
|
|
|
Real Estate -
Home Equity
|
|
|
1,681
|
|
|
182
|
|
|
|
|
|
1,863
|
|
|
236,874
|
|
|
242,929
|
|
|
Consumer
|
|
|
1,174
|
|
|
214
|
|
|
|
|
|
1,388
|
|
|
168,486
|
|
|
170,750
|
|
|
Total Past
Due Loans
|
|
$
|
14,582
|
|
$
|
2,113
|
|
$
|
|
|
$
|
16,695
|
|
$
|
1,464,769
|
|
$
|
1,556,236
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in Thousands)
|
|
30-59
DPD
|
|
60-89
DPD
|
|
Over 90
DPD
|
|
Total
Past Due
|
|
Total
Current
|
|
Total
Loans
|
|
|
December 31, 2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial,
Financial and Agricultural
|
|
$
|
307
|
|
$
|
49
|
|
$
|
46
|
|
$
|
402
|
|
$
|
129,722
|
|
$
|
130,879
|
|
|
Real Estate
- Construction
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26,034
|
|
|
26,367
|
|
|
Real Estate
- Commercial Mortgage
|
|
|
3,070
|
|
|
646
|
|
|
|
|
|
3,716
|
|
|
592,604
|
|
|
639,140
|
|
|
Real Estate
- Residential
|
|
|
7,983
|
|
|
3,031
|
|
|
58
|
|
|
11,072
|
|
|
350,133
|
|
|
386,877
|
|
|
Real Estate
- Home Equity
|
|
|
1,139
|
|
|
500
|
|
|
95
|
|
|
1,734
|
|
|
238,246
|
|
|
244,263
|
|
|
Consumer
|
|
|
2,355
|
|
|
345
|
|
|
25
|
|
|
2,725
|
|
|
197,272
|
|
|
201,157
|
|
|
Total Past
Due Loans
|
|
$
|
14,854
|
|
$
|
4,571
|
|
$
|
224
|
|
$
|
19,649
|
|
$
|
1,534,011
|
|
$
|
1,628,683
|
|
|
| Schedule of recorded investment in nonaccrual loans and loans past due over 90 days and still on accrual by class of loans |
|
|
|
June 30, 2012
|
|
December 31, 2011
|
|
|
(Dollars in Thousands)
|
|
Nonaccrual
|
|
Over 90 Days
|
|
Nonaccrual
|
|
Over 90 Days
|
|
|
Commercial,
Financial and Agricultural
|
|
$
|
815
|
|
$
|
|
|
$
|
755
|
|
$
|
46
|
|
|
Real Estate
- Construction
|
|
|
6,382
|
|
|
|
|
|
334
|
|
|
|
|
|
Real Estate
- Commercial Mortgage
|
|
|
39,701
|
|
|
|
|
|
42,820
|
|
|
|
|
|
Real Estate
- Residential
|
|
|
22,805
|
|
|
|
|
|
25,671
|
|
|
58
|
|
|
Real Estate
- Home Equity
|
|
|
4,192
|
|
|
|
|
|
4,283
|
|
|
95
|
|
|
Consumer
|
|
|
875
|
|
|
|
|
|
1,160
|
|
|
25
|
|
|
Total
Nonaccrual Loans
|
|
$
|
74,770
|
|
$
|
|
|
$
|
75,023
|
|
$
|
224
|
|
|
| Schedule of loans individually evaluated for impairment by class of loans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in Thousands)
|
|
Unpaid
Principal
Balance
|
|
Recorded
Investment
With No
Allowance
|
|
Recorded
Investment
With
Allowance
|
|
Related
Allowance
|
|
|
June 30, 2012:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial,
Financial and Agricultural
|
|
$
|
1,560
|
|
$
|
1,018
|
|
$
|
542
|
|
$
|
86
|
|
|
Real Estate
Construction
|
|
|
6,559
|
|
|
2,768
|
|
|
3,791
|
|
|
395
|
|
|
Real Estate
- Commercial Mortgage
|
|
|
62,383
|
|
|
28,193
|
|
|
34,190
|
|
|
4,032
|
|
|
Real Estate
Residential
|
|
|
29,434
|
|
|
5,181
|
|
|
24,253
|
|
|
4,046
|
|
|
Real Estate
- Home Equity
|
|
|
3,569
|
|
|
653
|
|
|
2,916
|
|
|
1,033
|
|
|
Consumer
|
|
|
70
|
|
|
14
|
|
|
56
|
|
|
11
|
|
|
Total
|
|
$
|
103,575
|
|
$
|
37,827
|
|
$
|
65,748
|
|
$
|
9,603
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2011:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial,
Financial and Agricultural
|
|
$
|
1,653
|
|
$
|
671
|
|
$
|
982
|
|
$
|
311
|
|
|
Real Estate
Construction
|
|
|
511
|
|
|
|
|
|
511
|
|
|
68
|
|
|
Real Estate
- Commercial Mortgage
|
|
|
65,624
|
|
|
19,987
|
|
|
45,637
|
|
|
5,828
|
|
|
Real Estate
Residential
|
|
|
36,324
|
|
|
6,897
|
|
|
29,427
|
|
|
4,702
|
|
|
Real Estate
- Home Equity
|
|
|
3,527
|
|
|
645
|
|
|
2,882
|
|
|
239
|
|
|
Consumer
|
|
|
143
|
|
|
90
|
|
|
53
|
|
|
26
|
|
|
Total
|
|
$
|
107,782
|
|
$
|
28,290
|
|
$
|
79,492
|
|
$
|
11,174
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30,
|
|
Six Months Ended June 30,
|
|
|
|
|
2012
|
|
2011
|
|
2012
|
|
2011
|
|
|
(Dollars in Thousands)
|
|
Average
Recorded
Investment
|
|
Total
Interest
Income
|
|
Average
Recorded
Investment
|
|
Total
Interest
Income
|
|
Average
Recorded
Investment
|
|
Total
Interest
Income
|
|
Average
Recorded
Investment
|
|
Total
Interest
Income
|
|
|
Commercial,
Financial and Agricultural
|
|
$
|
1,684
|
|
|
22
|
|
$
|
1,563
|
|
|
13
|
|
$
|
1,606
|
|
|
42
|
|
$
|
1,707
|
|
|
47
|
|
|
Real Estate
Construction
|
|
|
3,913
|
|
|
67
|
|
|
1,950
|
|
|
2
|
|
|
3,535
|
|
|
71
|
|
|
1,922
|
|
|
10
|
|
|
Real Estate
- Commercial Mortgage
|
|
|
66,140
|
|
|
689
|
|
|
46,145
|
|
|
316
|
|
|
64,003
|
|
|
1,170
|
|
|
42,450
|
|
|
631
|
|
|
Real Estate
Residential
|
|
|
31,630
|
|
|
261
|
|
|
30,782
|
|
|
147
|
|
|
32,880
|
|
|
496
|
|
|
33,804
|
|
|
435
|
|
|
Real Estate
- Home Equity
|
|
|
3,462
|
|
|
37
|
|
|
2,844
|
|
|
9
|
|
|
3,548
|
|
|
62
|
|
|
2,815
|
|
|
34
|
|
|
Consumer
|
|
|
58
|
|
|
19
|
|
|
108
|
|
|
7
|
|
|
107
|
|
|
23
|
|
|
112
|
|
|
21
|
|
|
Total
|
|
$
|
106,887
|
|
|
1,095
|
|
$
|
83,392
|
|
|
494
|
|
$
|
105,679
|
|
|
1,864
|
|
$
|
82,810
|
|
|
1,178
|
|
|
| Schedule of troubled debt restructurings loans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2012
|
|
December 31, 2011
|
|
|
(Dollars in Thousands)
|
|
Accruing
|
|
Nonaccruing
|
|
Accruing
|
|
Nonaccruing
|
|
|
Commercial, Financial and Agricultural
|
|
$
|
943
|
|
$
|
200
|
|
$
|
694
|
|
$
|
|
|
|
Real Estate Construction
|
|
|
177
|
|
|
813
|
|
|
178
|
|
|
|
|
|
Real Estate - Commercial Mortgage
|
|
|
24,626
|
|
|
9,932
|
|
|
20,062
|
|
|
12,029
|
|
|
Real Estate Residential
|
|
|
12,052
|
|
|
2,625
|
|
|
15,553
|
|
|
947
|
|
|
Real Estate - Home Equity
|
|
|
874
|
|
|
|
|
|
1,161
|
|
|
|
|
|
Consumer
|
|
|
62
|
|
|
|
|
|
27
|
|
|
|
|
|
Total TDRs
|
|
$
|
38,734
|
|
$
|
13,570
|
|
$
|
37,675
|
|
$
|
12,976
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30,
|
|
Six Months Ended June 30,
|
|
|
|
|
2012
|
|
2012
|
|
|
(Dollars in Thousands)
|
|
Number
of
Contracts
|
|
Pre-
Modified
Recorded
Investment
|
|
Post-
Modified
Recorded
Investment
|
|
Number
of
Contracts
|
|
Pre-
Modified
Recorded
Investment
|
|
Post-
Modified
Recorded
Investment
|
|
|
Commercial, Financial and Agricultural
|
|
|
|
$
|
|
|
$
|
|
|
4
|
|
$
|
656
|
|
$
|
660
|
|
|
Real Estate - Construction
|
|
4
|
|
|
807
|
|
|
814
|
|
4
|
|
|
807
|
|
|
814
|
|
|
Real Estate - Commercial Mortgage
|
|
14
|
|
|
3,979
|
|
|
4,049
|
|
27
|
|
|
8,545
|
|
|
8,745
|
|
|
Real Estate Residential
|
|
12
|
|
|
1,635
|
|
|
1,649
|
|
20
|
|
|
2,493
|
|
|
2,557
|
|
|
Real Estate - Home Equity
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer
|
|
2
|
|
|
19
|
|
|
44
|
|
2
|
|
|
19
|
|
|
44
|
|
|
Total TDRs
|
|
32
|
|
$
|
6,440
|
|
$
|
6,556
|
|
57
|
|
$
|
12,520
|
|
$
|
12,820
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30,
|
|
Six Months Ended June 30,
|
|
|
|
|
2011
|
|
2011
|
|
|
(Dollars in Thousands)
|
|
Number
of
Contracts
|
|
Pre-
Modified
Recorded
Investment
|
|
Post-
Modified
Recorded
Investment
|
|
Number of
Contracts
|
|
Pre-
Modified
Recorded
Investment
|
|
Post-
Modified
Recorded
Investment
|
|
|
Commercial,
Financial and Agricultural
|
|
|
2
|
|
$
|
134
|
|
$
|
134
|
|
|
4
|
|
$
|
229
|
|
$
|
229
|
|
|
Real Estate
- Construction
|
|
|
1
|
|
|
177
|
|
|
155
|
|
|
1
|
|
|
177
|
|
|
155
|
|
|
Real Estate
- Commercial Mortgage
|
|
|
10
|
|
|
2,973
|
|
|
3,032
|
|
|
23
|
|
|
8,565
|
|
|
8,421
|
|
|
Real Estate
- Residential
|
|
|
27
|
|
|
2,268
|
|
|
2,390
|
|
|
48
|
|
|
5,185
|
|
|
5,499
|
|
|
Real Estate
- Home Equity
|
|
|
2
|
|
|
52
|
|
|
52
|
|
|
4
|
|
|
177
|
|
|
189
|
|
|
Consumer
|
|
|
1
|
|
|
4
|
|
|
4
|
|
|
2
|
|
|
23
|
|
|
22
|
|
|
Total TDRs
|
|
|
43
|
|
$
|
5,608
|
|
$
|
5,767
|
|
|
82
|
|
$
|
14,356
|
|
$
|
14,515
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30,
|
|
Six Months Ended June 30,
|
|
|
|
|
2012
|
|
2012
|
|
|
(Dollars in Thousands)
|
|
Number of
Contracts
|
|
Post-Modified
Recorded
Investment
|
|
Number of
Contracts
|
|
Post-Modified
Recorded
Investment
|
|
|
Commercial, Financial and Agricultural
|
|
|
|
|
$
|
|
|
|
|
|
$
|
|
|
|
Real Estate - Construction
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real Estate - Commercial Mortgage
|
|
|
1
|
|
|
910
|
|
|
5
|
|
|
2,800
|
|
|
Real Estate - Residential
|
|
|
2
|
|
|
699
|
|
|
8
|
|
|
1,409
|
|
|
Real Estate - Home Equity
|
|
|
1
|
|
|
21
|
|
|
2
|
|
|
178
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total TDRs
|
|
|
4
|
|
$
|
1,630
|
|
|
15
|
|
$
|
4,387
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30,
|
|
Six Months Ended June 30,
|
|
|
|
|
2011
|
|
2011
|
|
|
(Dollars in Thousands)
|
|
Number of
Contracts
|
|
Post-Modified
Recorded
Investment
|
|
Number of
Contracts
|
|
Post-Modified
Recorded
Investment
|
|
|
Commercial, Financial and Agricultural
|
|
|
2
|
|
$
|
161
|
|
|
2
|
|
$
|
161
|
|
|
Real Estate - Construction
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real Estate - Commercial Mortgage
|
|
|
3
|
|
|
976
|
|
|
4
|
|
|
1,472
|
|
|
Real Estate - Residential
|
|
|
3
|
|
|
978
|
|
|
3
|
|
|
978
|
|
|
Real Estate - Home Equity
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total TDRs
|
|
|
8
|
|
$
|
2,115
|
|
|
9
|
|
$
|
2,611
|
|
|
| Schedule of risk category of loans by segment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in Thousands)
|
|
Commercial,
Financial,
Agriculture
|
|
Real Estate
|
|
Consumer
|
|
Total
|
|
|
June 30, 2012
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Special Mention
|
|
$
|
3,560
|
|
$
|
45,787
|
|
$
|
258
|
|
$
|
49,605
|
|
|
Substandard
|
|
|
13,033
|
|
|
209,337
|
|
|
1,319
|
|
|
223,689
|
|
|
Doubtful
|
|
|
|
|
|
5,378
|
|
|
|
|
|
5,378
|
|
|
Total Criticized Loans
|
|
$
|
16,593
|
|
$
|
260,502
|
|
$
|
1,577
|
|
$
|
278,672
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in Thousands)
|
|
Commercial,
Financial,
Agriculture
|
|
Real Estate
|
|
Consumer
|
|
Total
|
|
|
December 31, 2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Special Mention
|
|
$
|
4,883
|
|
$
|
43,787
|
|
$
|
79
|
|
$
|
48,749
|
|
|
Substandard
|
|
|
9,804
|
|
|
202,734
|
|
|
1,699
|
|
|
214,237
|
|
|
Doubtful
|
|
|
111
|
|
|
7,763
|
|
|
|
|
|
7,874
|
|
|
Total Criticized Loans
|
|
$
|
14,798
|
|
$
|
254,284
|
|
$
|
1,778
|
|
$
|
270,860
|
|
|
| Schedule of activity in the allowance for loan losses by portfolio class |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in Thousands)
|
|
Commercial,
Financial,
Agricultural
|
|
Real Estate
Construction
|
|
Real Estate
Commercial
Mortgage
|
|
Real Estate
Residential
|
|
Real Estate
Home
Equity
|
|
Consumer
|
|
Unallocated
|
|
Total
|
|
|
Three
Months Ended June 30, 2012
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning Balance
|
|
$
|
1,493
|
|
$
|
1,761
|
|
$
|
10,432
|
|
$
|
12,225
|
|
$
|
2,725
|
|
$
|
1,589
|
|
$
|
992
|
|
$
|
31,217
|
|
|
Provision
for Loan Losses
|
|
|
(198
|
)
|
|
1,190
|
|
|
1,595
|
|
|
2,785
|
|
|
414
|
|
|
(51
|
)
|
|
8
|
|
|
5,743
|
|
|
Charge-Offs
|
|
|
(57
|
)
|
|
(275
|
)
|
|
(3,519
|
)
|
|
(3,894
|
)
|
|
(425
|
)
|
|
(550
|
)
|
|
|
|
|
(8,720
|
)
|
|
Recoveries
|
|
|
82
|
|
|
27
|
|
|
42
|
|
|
969
|
|
|
116
|
|
|
453
|
|
|
|
|
|
1,689
|
|
|
Net
Charge-Offs
|
|
|
25
|
|
|
(248
|
)
|
|
(3,477
|
)
|
|
(2,925
|
)
|
|
(309
|
)
|
|
(97
|
)
|
|
|
|
|
(7,031
|
)
|
|
Ending Balance
|
|
$
|
1,320
|
|
$
|
2,703
|
|
$
|
8,550
|
|
$
|
12,085
|
|
$
|
2,830
|
|
$
|
1,441
|
|
$
|
1,000
|
|
$
|
29,929
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six
Months Ended June 30, 2012
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning Balance
|
|
$
|
1,534
|
|
$
|
1,133
|
|
$
|
10,660
|
|
$
|
12,518
|
|
$
|
2,392
|
|
$
|
1,887
|
|
$
|
911
|
|
$
|
31,035
|
|
|
Provision
for Loan Losses
|
|
|
(39
|
)
|
|
1,818
|
|
|
2,761
|
|
|
4,296
|
|
|
1,621
|
|
|
(10
|
)
|
|
89
|
|
|
10,536
|
|
|
Charge-Offs
|
|
|
(325
|
)
|
|
(275
|
)
|
|
(5,051
|
)
|
|
(5,861
|
)
|
|
(1,317
|
)
|
|
(1,282
|
)
|
|
|
|
|
(14,111
|
)
|
|
Recoveries
|
|
|
150
|
|
|
27
|
|
|
180
|
|
|
1,132
|
|
|
134
|
|
|
846
|
|
|
|
|
|
2,469
|
|
|
Net
Charge-Offs
|
|
|
(175
|
)
|
|
(248
|
)
|
|
(4,871
|
)
|
|
(4,729
|
)
|
|
(1,183
|
)
|
|
(436
|
)
|
|
|
|
|
(11,642
|
)
|
|
Ending Balance
|
|
$
|
1,320
|
|
$
|
2,703
|
|
$
|
8,550
|
|
$
|
12,085
|
|
$
|
2,830
|
|
$
|
1,441
|
|
$
|
1,000
|
|
$
|
29,929
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three
Months Ended June 30, 2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning Balance
|
|
$
|
1,439
|
|
$
|
1,504
|
|
$
|
10,037
|
|
$
|
15,537
|
|
$
|
2,634
|
|
$
|
1,777
|
|
$
|
945
|
|
$
|
33,873
|
|
|
Provision
for Loan Losses
|
|
|
603
|
|
|
250
|
|
|
1,217
|
|
|
668
|
|
|
501
|
|
|
251
|
|
|
55
|
|
|
3,545
|
|
|
Charge-Offs
|
|
|
(301
|
)
|
|
(14
|
)
|
|
(2,808
|
)
|
|
(2,371
|
)
|
|
(944
|
)
|
|
(606
|
)
|
|
|
|
|
(7,044
|
)
|
|
Recoveries
|
|
|
43
|
|
|
5
|
|
|
115
|
|
|
113
|
|
|
57
|
|
|
373
|
|
|
|
|
|
706
|
|
|
Net
Charge-Offs
|
|
|
(258
|
)
|
|
(9
|
)
|
|
(2,693
|
)
|
|
(2,258
|
)
|
|
(887
|
)
|
|
(233
|
)
|
|
|
|
|
(6,338
|
)
|
|
Ending Balance
|
|
$
|
1,784
|
|
$
|
1,745
|
|
$
|
8,561
|
|
$
|
13,947
|
|
$
|
2,248
|
|
$
|
1,795
|
|
$
|
1,000
|
|
$
|
31,080
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six
Months Ended June 30, 2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning Balance
|
|
$
|
1,544
|
|
$
|
2,060
|
|
$
|
8,645
|
|
$
|
17,046
|
|
$
|
2,522
|
|
$
|
2,612
|
|
$
|
1,007
|
|
$
|
35,436
|
|
|
Provision
for Loan Losses
|
|
|
1,156
|
|
|
(315
|
)
|
|
3,027
|
|
|
2,556
|
|
|
1,565
|
|
|
(304
|
)
|
|
(7
|
)
|
|
7,678
|
|
|
Charge-Offs
|
|
|
(1,022
|
)
|
|
(14
|
)
|
|
(3,238
|
)
|
|
(5,828
|
)
|
|
(1,932
|
)
|
|
(1,226
|
)
|
|
|
|
|
(13,260
|
)
|
|
Recoveries
|
|
|
106
|
|
|
14
|
|
|
127
|
|
|
173
|
|
|
93
|
|
|
713
|
|
|
|
|
|
1,226
|
|
|
Net
Charge-Offs
|
|
|
(916
|
)
|
|
|
|
|
(3,111
|
)
|
|
(5,655
|
)
|
|
(1,839
|
)
|
|
(513
|
)
|
|
|
|
|
(12,034
|
)
|
|
Ending Balance
|
|
$
|
1,784
|
|
$
|
1,745
|
|
$
|
8,561
|
|
$
|
13,947
|
|
$
|
2,248
|
|
$
|
1,795
|
|
$
|
1,000
|
|
$
|
31,080
|
|
|
| Schedule of allowance for loan losses by portfolio class and disaggregated on the basis of the impairment methodology |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars
in Thousands)
|
|
Commercial,
Financial,
Agricultural
|
|
Real Estate
Construction
|
|
Real Estate
Commercial
Mortgage
|
|
Real Estate
Residential
|
|
Real Estate
Home
Equity
|
|
Consumer
|
|
Unallocated
|
|
Total
|
|
|
June 30, 2012
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Period-end amount
allocated to:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans Individually
Evaluated for Impairment
|
|
$
|
86
|
|
$
|
395
|
|
$
|
4,227
|
|
$
|
4,046
|
|
$
|
1,033
|
|
$
|
11
|
|
$
|
|
|
$
|
9,798
|
|
|
Loans Collectively
Evaluated for Impairment
|
|
|
1,234
|
|
|
2,308
|
|
|
4,323
|
|
|
8,039
|
|
|
1,797
|
|
|
1,430
|
|
|
1,000
|
|
|
20,131
|
|
|
Ending Balance
|
|
$
|
1,320
|
|
$
|
2,703
|
|
$
|
8,550
|
|
$
|
12,085
|
|
$
|
2,830
|
|
$
|
1,441
|
|
$
|
1,000
|
|
$
|
29,929
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars
in Thousands)
|
|
Commercial,
Financial,
Agricultural
|
|
Real Estate
Construction
|
|
Real Estate
Commercial
Mortgage
|
|
Real Estate
Residential
|
|
Real Estate
Home
Equity
|
|
Consumer
|
|
Unallocated
|
|
Total
|
|
|
June 30, 2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Period-end amount
allocated to:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans Individually Evaluated for Impairment
|
|
$
|
591
|
|
$
|
487
|
|
$
|
3,582
|
|
$
|
5,800
|
|
$
|
506
|
|
$
|
41
|
|
$
|
|
|
$
|
11,007
|
|
|
Loans Collectively Evaluated for Impairment
|
|
|
1,193
|
|
|
1,258
|
|
|
4,979
|
|
|
8,147
|
|
|
1,742
|
|
|
1,754
|
|
|
1,000
|
|
|
20,073
|
|
|
Ending Balance
|
|
$
|
1,784
|
|
$
|
1,745
|
|
$
|
8,561
|
|
$
|
13,947
|
|
$
|
2,248
|
|
$
|
1,795
|
|
$
|
1,000
|
|
$
|
31,080
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars
in Thousands)
|
|
Commercial,
Financial,
Agricultural
|
|
Real Estate
Construction
|
|
Real Estate
Commercial
Mortgage
|
|
Real Estate
Residential
|
|
Real Estate
Home
Equity
|
|
Consumer
|
|
Unallocated
|
|
Total
|
|
|
June 30, 2012
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Individually Evaluated for
Impairment
|
|
$
|
1,560
|
|
$
|
6,559
|
|
$
|
64,399
|
|
$
|
29,434
|
|
$
|
3,569
|
|
$
|
70
|
|
$
|
|
|
$
|
105,591
|
|
|
Collectively Evaluated for
Impairment
|
|
|
135,176
|
|
|
40,244
|
|
|
541,420
|
|
|
323,764
|
|
|
239,361
|
|
|
170,680
|
|
|
|
|
|
1,450,645
|
|
|
Total
|
|
$
|
136,736
|
|
$
|
46,803
|
|
$
|
605,819
|
|
$
|
353,198
|
|
$
|
242,930
|
|
$
|
170,750
|
|
$
|
|
|
$
|
1,556,236
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Individually Evaluated for
Impairment
|
|
$
|
1,730
|
|
$
|
1,311
|
|
$
|
42,531
|
|
$
|
29,829
|
|
$
|
2,351
|
|
$
|
79
|
|
$
|
|
|
$
|
77,831
|
|
|
Collectively Evaluated for
Impairment
|
|
|
148,100
|
|
|
29,556
|
|
|
617,526
|
|
|
365,297
|
|
|
245,878
|
|
|
203,414
|
|
|
|
|
|
1,609,771
|
|
|
Total
|
|
$
|
149,830
|
|
$
|
30,867
|
|
$
|
660,057
|
|
$
|
395,126
|
|
$
|
248,229
|
|
$
|
203,493
|
|
$
|
|
|
$
|
1,687,602
|
|
|