Quarterly report pursuant to Section 13 or 15(d)

LOANS (Tables)

v2.4.0.8
LOANS (Tables)
 6 Months Ended
Jun. 30, 2014
Receivables [Abstract]  
Details Of Loans
The following table details the Company’s loans at June 30, 2014 and December 31, 2013 :
 
 
 
June 30,
 
 
December 31,
 
 
 
2014
 
 
2013
 
 
 
(Dollars In Thousands)
 
Commercial, financial and agricultural
 
$
1,362,757
 
 
$
1,278,649
 
Real estate - construction
 
 
178,033
 
 
 
151,868
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
708,294
 
 
 
710,372
 
1-4 family mortgage
 
 
296,220
 
 
 
278,621
 
Other mortgage
 
 
457,845
 
 
 
391,396
 
Subtotal: Real estate - mortgage
 
 
1,462,359
 
 
 
1,380,389
 
Consumer
 
 
50,840
 
 
 
47,962
 
Total Loans
 
 
3,053,989
 
 
 
2,858,868
 
Less: Allowance for loan losses
 
 
(32,984)
 
 
 
(30,663)
 
Net Loans
 
$
3,021,005
 
 
$
2,828,205
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
44.62
%
 
 
44.73
%
Real estate - construction
 
 
5.83
%
 
 
5.31
%
Real estate - mortgage:
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
23.19
%
 
 
24.85
%
1-4 family mortgage
 
 
9.70
%
 
 
9.74
%
Other mortgage
 
 
14.99
%
 
 
13.69
%
Subtotal: Real estate - mortgage
 
 
47.88
%
 
 
48.28
%
Consumer
 
 
1.67
%
 
 
1.68
%
Total Loans
 
 
100.00
%
 
 
100.00
%
Loans By Credit Quality Indicator
Loans by credit quality indicator as of June 30, 2014 and December 31, 2013 were as follows:
  
 
 
 
 
 
Special
 
 
 
 
 
 
 
 
 
June 30, 2014
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Total
 
 
 
(In Thousands)
 
Commercial, financial and agricultural
 
$
1,320,071
 
$
38,801
 
$
3,885
 
$
-
 
$
1,362,757
 
Real estate - construction
 
 
164,167
 
 
5,260
 
 
8,606
 
 
-
 
 
178,033
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
690,258
 
 
15,830
 
 
2,206
 
 
-
 
 
708,294
 
1-4 family mortgage
 
 
287,379
 
 
589
 
 
8,252
 
 
-
 
 
296,220
 
Other mortgage
 
 
441,072
 
 
11,824
 
 
4,949
 
 
-
 
 
457,845
 
Total real estate mortgage
 
 
1,418,709
 
 
28,243
 
 
15,407
 
 
-
 
 
1,462,359
 
Consumer
 
 
50,045
 
 
-
 
 
795
 
 
-
 
 
50,840
 
Total
 
$
2,952,992
 
$
72,304
 
$
28,693
 
$
-
 
$
3,053,989
 
 
 
 
 
 
 
Special
 
 
 
 
 
 
 
December 31, 2013
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Total
 
 
 
(In Thousands)
 
Commercial, financial and agricultural
 
$
1,238,109
 
$
34,883
 
$
5,657
 
$
-
 
$
1,278,649
 
Real estate - construction
 
 
139,239
 
 
3,392
 
 
9,237
 
 
-
 
 
151,868
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
696,687
 
 
11,545
 
 
2,140
 
 
-
 
 
710,372
 
1-4 family mortgage
 
 
265,019
 
 
1,253
 
 
12,349
 
 
-
 
 
278,621
 
Other mortgage
 
 
379,419
 
 
8,179
 
 
3,798
 
 
-
 
 
391,396
 
Total real estate mortgage
 
 
1,341,125
 
 
20,977
 
 
18,287
 
 
-
 
 
1,380,389
 
Consumer
 
 
47,243
 
 
3
 
 
716
 
 
-
 
 
47,962
 
Total
 
$
2,765,716
 
$
59,255
 
$
33,897
 
$
-
 
$
2,858,868
 
Loans By Performance Status
Loans by performance status as of June 30, 2014 and December 31, 2013 were as follows:
 
June 30, 2014
 
Performing
 
Nonperforming
 
Total
 
 
 
(In Thousands)
 
Commercial, financial and agricultural
 
$
1,361,701
 
$
1,056
 
$
1,362,757
 
Real estate - construction
 
 
170,432
 
 
7,601
 
 
178,033
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
706,711
 
 
1,583
 
 
708,294
 
1-4 family mortgage
 
 
295,021
 
 
1,199
 
 
296,220
 
Other mortgage
 
 
456,886
 
 
959
 
 
457,845
 
Total real estate mortgage
 
 
1,458,618
 
 
3,741
 
 
1,462,359
 
Consumer
 
 
50,045
 
 
795
 
 
50,840
 
Total
 
$
3,040,796
 
$
13,193
 
$
3,053,989
 
 
December 31, 2013
 
Performing
 
Nonperforming
 
Total
 
 
 
(In Thousands)
 
Commercial, financial and agricultural
 
$
1,276,935
 
$
1,714
 
$
1,278,649
 
Real estate - construction
 
 
148,118
 
 
3,750
 
 
151,868
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
708,937
 
 
1,435
 
 
710,372
 
1-4 family mortgage
 
 
276,725
 
 
1,896
 
 
278,621
 
Other mortgage
 
 
391,153
 
 
243
 
 
391,396
 
Total real estate mortgage
 
 
1,376,815
 
 
3,574
 
 
1,380,389
 
Consumer
 
 
47,264
 
 
698
 
 
47,962
 
Total
 
$
2,849,132
 
$
9,736
 
$
2,858,868
 
Loans By Past Due Status
Loans by past due status as of June 30, 2014 and December 31, 2013 were as follows:
 
June 30, 2014
 
Past Due Status (Accruing Loans)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Past
 
 
 
 
 
 
 
 
 
 
 
 
30-59 Days
 
60-89 Days
 
90+ Days
 
Due
 
Non-Accrual
 
Current
 
Total Loans
 
 
 
(In Thousands)
 
Commercial, financial and agricultural
 
$
1,018
 
$
-
 
$
-
 
$
1,018
 
$
1,056
 
$
1,360,683
 
$
1,362,757
 
Real estate - construction
 
 
673
 
 
-
 
 
-
 
 
673
 
 
7,601
 
 
169,759
 
 
178,033
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
293
 
 
-
 
 
-
 
 
293
 
 
1,583
 
 
706,418
 
 
708,294
 
1-4 family mortgage
 
 
530
 
 
-
 
 
-
 
 
530
 
 
1,199
 
 
294,491
 
 
296,220
 
Other mortgage
 
 
-
 
 
-
 
 
-
 
 
-
 
 
959
 
 
456,886
 
 
457,845
 
Total real estate - mortgage
 
 
823
 
 
-
 
 
-
 
 
823
 
 
3,741
 
 
1,457,795
 
 
1,462,359
 
Consumer
 
 
7
 
 
-
 
 
-
 
 
7
 
 
795
 
 
50,038
 
 
50,840
 
Total
 
$
2,521
 
$
-
 
$
-
 
$
2,521
 
$
13,193
 
$
3,038,275
 
$
3,053,989
 
 
December 31, 2013
 
Past Due Status (Accruing Loans)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Past
 
 
 
 
 
 
 
 
 
 
 
 
30-59 Days
 
60-89 Days
 
90+ Days
 
Due
 
Non-Accrual
 
Current
 
Total Loans
 
 
 
(In Thousands)
 
Commercial, financial and agricultural
 
$
73
 
$
-
 
$
-
 
$
73
 
$
1,714
 
$
1,276,862
 
$
1,278,649
 
Real estate - construction
 
 
-
 
 
-
 
 
-
 
 
-
 
 
3,750
 
 
148,118
 
 
151,868
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
-
 
 
-
 
 
-
 
 
-
 
 
1,435
 
 
708,937
 
 
710,372
 
1-4 family mortgage
 
 
177
 
 
-
 
 
19
 
 
196
 
 
1,877
 
 
276,548
 
 
278,621
 
Other mortgage
 
 
-
 
 
-
 
 
-
 
 
-
 
 
243
 
 
391,153
 
 
391,396
 
Total real estate - mortgage
 
 
177
 
 
-
 
 
19
 
 
196
 
 
3,555
 
 
1,376,638
 
 
1,380,389
 
Consumer
 
 
89
 
 
97
 
 
96
 
 
282
 
 
602
 
 
47,078
 
 
47,962
 
Total
 
$
339
 
$
97
 
$
115
 
$
551
 
$
9,621
 
$
2,848,696
 
$
2,858,868
 
Changes In Allowance For Loan Losses Segregated By Loan Type
The total allowance for loan losses is disaggregated into those amounts associated with loans individually evaluated and those associated with loans collectively evaluated.
 
 
 
Commercial,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
financial and
 
Real estate -
 
Real estate -
 
 
 
 
Qualitative
 
 
 
 
 
agricultural
 
construction
 
mortgage
 
Consumer
 
Factors
 
Total
 
 
 
(In Thousands)
 
 
 
Three Months Ended June 30, 2014
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at March 31, 2014
 
$
10,980
 
$
6,058
 
$
8,137
 
$
951
 
$
5,602
 
$
31,728
 
Chargeoffs
 
 
(142)
 
 
(325)
 
 
(890)
 
 
(18)
 
 
-
 
 
(1,375)
 
Recoveries
 
 
1
 
 
180
 
 
10
 
 
2
 
 
-
 
 
193
 
Provision
 
 
(59)
 
 
465
 
 
1,224
 
 
50
 
 
758
 
 
2,438
 
Balance at June 30, 2014
 
$
10,780
 
$
6,378
 
$
8,481
 
$
985
 
$
6,360
 
$
32,984
 
 
 
 
Three Months Ended June 30, 2013
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at March 31, 2013
 
$
8,951
 
$
6,642
 
$
5,737
 
$
164
 
$
6,185
 
$
27,679
 
Chargeoffs
 
 
(101)
 
 
(1,888)
 
 
(270)
 
 
(129)
 
 
-
 
 
(2,388)
 
Recoveries
 
 
31
 
 
95
 
 
3
 
 
3
 
 
-
 
 
132
 
Provision
 
 
2,259
 
 
604
 
 
569
 
 
186
 
 
(284)
 
 
3,334
 
Balance at June 30, 2013
 
$
11,140
 
$
5,453
 
$
6,039
 
$
224
 
$
5,901
 
$
28,757
 
 
 
 
Six Months Ended June 30, 2014
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2013
 
$
11,170
 
$
5,809
 
$
7,495
 
$
855
 
$
5,334
 
$
30,663
 
Chargeoffs
 
 
(1,364)
 
 
(348)
 
 
(894)
 
 
(76)
 
 
-
 
 
(2,682)
 
Recoveries
 
 
46
 
 
188
 
 
14
 
 
3
 
 
-
 
 
251
 
Provision
 
 
928
 
 
729
 
 
1,866
 
 
203
 
 
1,026
 
 
4,752
 
Balance at June 30, 2014
 
$
10,780
 
$
6,378
 
$
8,481
 
$
985
 
$
6,360
 
$
32,984
 
 
 
 
Six Months Ended June 30, 2013
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2012
 
$
8,233
 
$
6,511
 
$
4,912
 
$
199
 
$
6,403
 
$
26,258
 
Chargeoffs
 
 
(988)
 
 
(3,877)
 
 
(270)
 
 
(131)
 
 
-
 
 
(5,266)
 
Recoveries
 
 
37
 
 
102
 
 
3
 
 
5
 
 
-
 
 
147
 
Provision
 
 
3,858
 
 
2,717
 
 
1,394
 
 
151
 
 
(502)
 
 
7,618
 
Balance at June 30, 2013
 
$
11,140
 
$
5,453
 
$
6,039
 
$
224
 
$
5,901
 
$
28,757
 
 
 
 
As of June 30, 2014
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually Evaluated for Impairment
 
 
1,215
 
 
2,324
 
 
2,883
 
 
795
 
 
-
 
 
7,217
 
Collectively Evaluated for Impairment
 
 
9,565
 
 
4,054
 
 
5,598
 
 
190
 
 
6,360
 
 
25,767
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending Balance
 
$
1,362,757
 
$
178,033
 
$
1,462,359
 
$
50,840
 
$
-
 
$
3,053,989
 
Individually Evaluated for Impairment
 
 
3,885
 
 
8,607
 
 
15,406
 
 
795
 
 
-
 
 
28,693
 
Collectively Evaluated for Impairment
 
 
1,358,872
 
 
169,426
 
 
1,446,953
 
 
50,045
 
 
-
 
 
3,025,296
 
 
 
 
As of December 31, 2013
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually Evaluated for Impairment
 
 
1,992
 
 
1,597
 
 
1,982
 
 
699
 
 
-
 
 
6,270
 
Collectively Evaluated for Impairment
 
 
9,178
 
 
4,212
 
 
5,513
 
 
156
 
 
5,334
 
 
24,393
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending Balance
 
$
1,278,649
 
$
151,868
 
$
1,380,389
 
$
47,962
 
$
-
 
$
2,858,868
 
Individually Evaluated for Impairment
 
 
3,827
 
 
9,238
 
 
18,202
 
 
699
 
 
-
 
 
31,966
 
Collectively Evaluated for Impairment
 
 
1,274,822
 
 
142,630
 
 
1,362,187
 
 
47,263
 
 
-
 
 
2,826,902
 
Details Of Company's Impaired Loans
The following table presents details of the Company’s impaired loans as of June 30, 2014 and December 31, 2013, respectively. Loans which have been fully charged off do not appear in the tables.
 
 
 
 
 
 
 
 
 
 
 
 
For the three months
 
For the six months
 
 
 
 
 
 
 
 
 
 
 
 
ended June 30,
 
ended June 30,
 
 
 
June 30, 2014
 
2014
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest
 
 
 
 
Interest
 
 
 
 
 
 
Unpaid
 
 
 
 
Average
 
Income
 
Average
 
Income
 
 
 
Recorded
 
Principal
 
Related
 
Recorded
 
Recognized
 
Recorded
 
Recognized
 
 
 
Investment
 
Balance
 
Allowance
 
Investment
 
in Period
 
Investment
 
in Period
 
 
 
(In Thousands)
 
With no allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
2,171
 
$
2,663
 
$
-
 
$
2,357
 
$
31
 
$
1,744
 
$
64
 
Real estate - construction
 
 
2,278
 
 
2,655
 
 
-
 
 
2,311
 
 
3
 
 
2,253
 
 
25
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
749
 
 
749
 
 
-
 
 
755
 
 
10
 
 
761
 
 
17
 
1-4 family mortgage
 
 
1,521
 
 
1,521
 
 
-
 
 
1,522
 
 
18
 
 
1,361
 
 
36
 
Other mortgage
 
 
2,305
 
 
2,305
 
 
-
 
 
2,306
 
 
36
 
 
2,307
 
 
71
 
Total real estate - mortgage
 
 
4,575
 
 
4,575
 
 
-
 
 
4,583
 
 
64
 
 
4,429
 
 
124
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total with no allowance recorded
 
 
9,024
 
 
9,893
 
 
-
 
 
9,251
 
 
98
 
 
8,426
 
 
213
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
1,714
 
 
1,855
 
 
1,215
 
 
1,968
 
 
(13)
 
 
1,990
 
 
15
 
Real estate - construction
 
 
6,329
 
 
6,871
 
 
2,324
 
 
6,308
 
 
(16)
 
 
6,216
 
 
20
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
1,456
 
 
1,456
 
 
434
 
 
1,476
 
 
3
 
 
1,498
 
 
17
 
1-4 family mortgage
 
 
6,731
 
 
7,321
 
 
1,577
 
 
11,225
 
 
84
 
 
11,261
 
 
171
 
Other mortgage
 
 
2,644
 
 
2,944
 
 
872
 
 
2,918
 
 
9
 
 
2,934
 
 
44
 
Total real estate - mortgage
 
 
10,831
 
 
11,721
 
 
2,883
 
 
15,619
 
 
96
 
 
15,693
 
 
232
 
Consumer
 
 
795
 
 
795
 
 
795
 
 
800
 
 
(2)
 
 
804
 
 
(1)
 
Total with allowance recorded
 
 
19,669
 
 
21,242
 
 
7,217
 
 
24,695
 
 
65
 
 
24,703
 
 
266
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Impaired Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
3,885
 
 
4,518
 
 
1,215
 
 
4,325
 
 
18
 
 
3,734
 
 
79
 
Real estate - construction
 
 
8,607
 
 
9,526
 
 
2,324
 
 
8,619
 
 
(13)
 
 
8,469
 
 
45
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
2,205
 
 
2,205
 
 
434
 
 
2,231
 
 
13
 
 
2,259
 
 
34
 
1-4 family mortgage
 
 
8,252
 
 
8,842
 
 
1,577
 
 
12,747
 
 
102
 
 
12,622
 
 
207
 
Other mortgage
 
 
4,949
 
 
5,249
 
 
872
 
 
5,224
 
 
45
 
 
5,241
 
 
115
 
Total real estate - mortgage
 
 
15,406
 
 
16,296
 
 
2,883
 
 
20,202
 
 
160
 
 
20,122
 
 
356
 
Consumer
 
 
795
 
 
795
 
 
795
 
 
800
 
 
(2)
 
 
804
 
 
(1)
 
Total impaired loans
 
$
28,693
 
$
31,135
 
$
7,217
 
$
33,946
 
$
163
 
$
33,129
 
$
479
 
  
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
Unpaid
 
 
 
 
Average
 
Interest Income
 
 
 
Recorded
 
Principal
 
Related
 
Recorded
 
Recognized in
 
 
 
Investment
 
Balance
 
Allowance
 
Investment
 
Period
 
 
 
(In Thousands)
 
With no allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
1,210
 
$
1,210
 
$
-
 
$
1,196
 
$
63
 
Real estate - construction
 
 
1,967
 
 
2,405
 
 
-
 
 
1,363
 
 
32
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
577
 
 
577
 
 
-
 
 
603
 
 
32
 
1-4 family mortgage
 
 
1,198
 
 
1,198
 
 
-
 
 
1,200
 
 
55
 
Other mortgage
 
 
2,311
 
 
2,311
 
 
-
 
 
1,901
 
 
123
 
Total real estate - mortgage
 
 
4,086
 
 
4,086
 
 
-
 
 
3,704
 
 
210
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total with no allowance recorded
 
 
7,263
 
 
7,701
 
 
-
 
 
6,263
 
 
305
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
2,618
 
 
2,958
 
 
1,992
 
 
2,844
 
 
98
 
Real estate - construction
 
 
7,270
 
 
7,750
 
 
1,597
 
 
6,564
 
 
200
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
1,509
 
 
1,509
 
 
620
 
 
1,573
 
 
38
 
1-4 family mortgage
 
 
11,120
 
 
11,120
 
 
1,210
 
 
10,743
 
 
342
 
Other mortgage
 
 
1,487
 
 
1,586
 
 
152
 
 
1,873
 
 
96
 
Total real estate - mortgage
 
 
14,116
 
 
14,215
 
 
1,982
 
 
14,189
 
 
476
 
Consumer
 
 
699
 
 
699
 
 
699
 
 
790
 
 
28
 
Total with allowance recorded
 
 
24,703
 
 
25,622
 
 
6,270
 
 
24,387
 
 
802
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Impaired Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
3,828
 
 
4,168
 
 
1,992
 
 
4,040
 
 
161
 
Real estate - construction
 
 
9,237
 
 
10,155
 
 
1,597
 
 
7,927
 
 
232
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
2,086
 
 
2,086
 
 
620
 
 
2,176
 
 
70
 
1-4 family mortgage
 
 
12,318
 
 
12,318
 
 
1,210
 
 
11,943
 
 
397
 
Other mortgage
 
 
3,798
 
 
3,897
 
 
152
 
 
3,774
 
 
219
 
Total real estate - mortgage
 
 
18,202
 
 
18,301
 
 
1,982
 
 
17,893
 
 
686
 
Consumer
 
 
699
 
 
699
 
 
699
 
 
790
 
 
28
 
Total impaired loans
 
$
31,966
 
$
33,323
 
$
6,270
 
$
30,650
 
$
1,107
 
Analysis Of Troubled Debt Restructuring
The following table presents an analysis of TDRs as of June 30, 2014 and June 30, 2013.
 
 
 
June 30, 2014
 
June 30, 2013
 
 
 
 
 
 
Pre-
 
Post-
 
 
 
 
Pre-
 
Post-
 
 
 
 
 
 
Modification
 
Modification
 
 
 
 
Modification
 
Modification
 
 
 
 
 
 
Outstanding
 
Outstanding
 
 
 
 
Outstanding
 
Outstanding
 
 
 
Number of
 
Recorded
 
Recorded
 
Number of
 
Recorded
 
Recorded
 
 
 
Contracts
 
Investment
 
Investment
 
Contracts
 
Investment
 
Investment
 
 
 
(In Thousands)
 
Troubled Debt Restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
3
 
$
1,000
 
$
1,000
 
 
2
 
$
1,066
 
$
1,066
 
Real estate - construction
 
 
4
 
 
1,298
 
 
1,298
 
 
-
 
 
-
 
 
-
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
-
 
 
-
 
 
-
 
 
3
 
 
3,121
 
 
3,121
 
1-4 family mortgage
 
 
4
 
 
5,824
 
 
5,234
 
 
1
 
 
4,925
 
 
4,925
 
Other mortgage
 
 
2
 
 
1,985
 
 
1,685
 
 
1
 
 
294
 
 
294
 
Total real estate mortgage
 
 
6
 
 
7,809
 
 
6,919
 
 
5
 
 
8,340
 
 
8,340
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
 
 
13
 
$
10,107
 
$
9,217
 
 
7
 
$
9,406
 
$
9,406
 
 
 
 
Number of
 
Recorded
 
Number of
 
Recorded
 
 
 
Contracts
 
Investment
 
Contracts
 
Investment
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Troubled Debt Restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
That Subsequently Defaulted
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
1
 
$
142
 
 
-
 
$
-
 
Real estate - construction
 
 
4
 
 
1,298
 
 
-
 
 
-
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
-
 
 
-
 
 
-
 
 
-
 
1-4 family mortgage
 
 
2
 
 
747
 
 
-
 
 
-
 
Other mortgage
 
 
-
 
 
-
 
 
-
 
 
-
 
Total real estate - mortgage
 
 
2
 
 
747
 
 
-
 
 
-
 
Consumer
 
 
-
 
 
-
 
 
-
 
 
-
 
 
 
 
7
 
$
2,187
 
 
-
 
$
-