Loans transferred and classified as troubled debt restructuring during the years ended December 31, 2013 and 2012, segregated by class, are shown in the table below.
| December 31, 2013 | December 31, 2012 | |||||||||||||||
| Number of Defaults |
Unpaid Principal Balance |
Number of Defaults |
Unpaid Principal Balance |
|||||||||||||
|
Commercial |
||||||||||||||||
|
Owner occupied real estate |
3 | $ | 223 | 4 | $ | 2,091 | ||||||||||
|
Non owner occupied real estate |
3 | 942 | 4 | 2,051 | ||||||||||||
|
Residential development |
— | — | — | — | ||||||||||||
|
Development & Spec Land Loans |
— | — | — | — | ||||||||||||
|
Commercial and industrial |
— | — | — | — | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total commercial |
6 | 1,165 | 8 | 4,142 | ||||||||||||
|
Real estate |
||||||||||||||||
|
Residential mortgage |
9 | 1,252 | 5 | 1,231 | ||||||||||||
|
Residential construction |
— | — | — | — | ||||||||||||
|
Mortgage warehouse |
— | — | — | — | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total real estate |
9 | 1,252 | 5 | 1,231 | ||||||||||||
|
Consumer |
||||||||||||||||
|
Direct Installment |
— | — | — | — | ||||||||||||
|
Direct Installment Purchased |
— | — | — | — | ||||||||||||
|
Indirect Installment |
— | — | — | — | ||||||||||||
|
Home Equity |
7 | 915 | — | — | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Consumer |
7 | 915 | — | — | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total |
22 | $ | 3,332 | 13 | $ | 5,373 | ||||||||||
|
|
|
|
|
|
|
|
|
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Troubled debt restructured loans which had payment defaults during the years ended December 31, 2013 and 2012, segregated by class, are shown in the table below. Default occurs when a loan is 90 days or more past due or transferred to nonaccrual.
| December 31, 2013 | December 31, 2012 | |||||||||||||||
| Number | Unpaid | Number | Unpaid | |||||||||||||
| of | Principal | of | Principal | |||||||||||||
| Defaults | Balance | Defaults | Balance | |||||||||||||
|
Commercial |
||||||||||||||||
|
Owner occupied real estate |
3 | $ | 223 | 3 | $ | 1,272 | ||||||||||
|
Non owner occupied real estate |
2 | 424 | 3 | 1,605 | ||||||||||||
|
Residential development |
— | — | — | — | ||||||||||||
|
Development & Spec Land Loans |
— | — | — | — | ||||||||||||
|
Commercial and industrial |
— | — | — | — | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total commercial |
5 | 647 | 6 | 2,877 | ||||||||||||
|
Real estate |
||||||||||||||||
|
Residential mortgage |
3 | 355 | 4 | 1,168 | ||||||||||||
|
Residential construction |
— | — | — | — | ||||||||||||
|
Mortgage warehouse |
— | — | — | — | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total real estate |
3 | 355 | 4 | 1,168 | ||||||||||||
|
Consumer |
||||||||||||||||
|
Direct Installment |
— | — | — | — | ||||||||||||
|
Direct Installment Purchased |
— | — | — | — | ||||||||||||
|
Indirect Installment |
— | — | — | — | ||||||||||||
|
Home Equity |
3 | 178 | — | — | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Consumer |
3 | 178 | — | — | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total |
11 | $ | 1,180 | 10 | $ | 4,045 | ||||||||||
|
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