Rendering

Component: (Network and Table)
Network
30303 - Disclosure - Loans And The Allowance For Loan Losses (Tables)
(http://www.evansbank.com/2010-09-30/role/DisclosureLoansAndAllowanceForLoanLossesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000842518 (http://www.sec.gov/CIK)
Loans And The Allowance For Loan Losses [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Loans And The Allowance For Loan Losses [Abstract]
 
Schedule Of Loan Portfolio Composition



 

 

 

 

 

 



 

December 31, 2016

 

December 31, 2015

Mortgage loans on real estate:

 

(in thousands)

Residential mortgages

 

$

 118,542 

 

$

 103,941 

Commercial and multi-family

 

 

 462,385 

 

 

 399,819 

Construction-Residential

 

 

 2,540 

 

 

 1,546 

Construction-Commercial

 

 

 93,240 

 

 

 60,892 

Home equities

 

 

 66,234 

 

 

 61,042 

Total real estate loans

 

 

 742,941 

 

 

 627,240 



 

 

 

 

 

 

Commercial and industrial loans

 

 

 197,371 

 

 

 144,330 

Consumer and other loans

 

 

 1,417 

 

 

 1,735 

Net deferred loan origination costs

 

 

 783 

 

 

 679 

Total gross loans

 

 

 942,512 

 

 

 773,984 



 

 

 

 

 

 

Allowance for loan losses

 

 

 (13,916)

 

 

 (12,883)



 

 

 

 

 

 

Loans, net

 

$

 928,596 

 

$

 761,101 



  
Changes In The Allowance For Loan Losses



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

2016

 

2015

 

2014



 

(in thousands)

Balance, beginning of year

 

$

 12,883 

 

$

 12,533 

 

$

 11,503 

Provisions for loan losses

 

 

 1,209 

 

 

 1,216 

 

 

 1,229 

Recoveries

 

 

 231 

 

 

 181 

 

 

 863 

Loans charged-off

 

 

 (407)

 

 

 (1,047)

 

 

 (1,062)

Balance, end of year

 

$

 13,916 

 

$

 12,883 

 

$

 12,533 



  
Schedule Of Allowance For Loan Losses According To Portfolio Segment







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 2016



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Commercial and Industrial

 

Commercial Real Estate Mortgages*

 

Consumer**

 

Residential Mortgages*

 

Home Equities

 

Unallocated

 

Total

Allowance for loan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

 4,383 

 

$

 7,135 

 

$

 85 

 

$

 909 

 

$

 371 

 

$

-    

 

$

 12,883 

Charge-offs

 

 

 (360)

 

 

-    

 

 

 (47)

 

 

-    

 

 

-    

 

 

-    

 

 

 (407)

Recoveries

 

 

 151 

 

 

 59 

 

 

 16 

 

 

 2 

 

 

 3 

 

 

-    

 

 

 231 

Provision (Credit)

 

 

 639 

 

 

 696 

 

 

 42 

 

 

 (142)

 

 

 (26)

 

 

-    

 

 

 1,209 

Ending balance

 

$

 4,813 

 

$

 7,890 

 

$

 96 

 

$

 769 

 

$

 348 

 

$

-    

 

$

 13,916 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for loan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

for impairment

 

$

 492 

 

$

 1,471 

 

$

 43 

 

$

 1 

 

$

 20 

 

$

-    

 

$

 2,027 

Collectively evaluated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

for impairment

 

 

 4,321 

 

 

 6,419 

 

 

 53 

 

 

 768 

 

 

 328 

 

 

-    

 

 

 11,889 

Total

 

$

 4,813 

 

$

 7,890 

 

$

 96 

 

$

 769 

 

$

 348 

 

$

-    

 

$

 13,916 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

for impairment

 

$

 3,148 

 

$

 7,613 

 

$

 43 

 

$

 2,584 

 

$

 1,753 

 

$

-    

 

$

 15,141 

Collectively evaluated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

for impairment

 

 

 194,223 

 

 

 548,012 

 

 

 1,374 

 

 

 118,498 

 

 

 64,481 

 

 

-    

 

 

 926,588 

Total

 

$

 197,371 

 

$

 555,625 

 

$

 1,417 

 

$

 121,082 

 

$

 66,234 

 

$

-    

 

$

 941,729 





Note: Loan balances do not include $783 thousand in net deferred loan origination costs as of December 31, 2016.

*  includes construction loans

** includes other loans









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 2015



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Commercial and Industrial

 

Commercial Real Estate Mortgages*

 

Consumer**

 

Residential Mortgages*

 

Home Equities

 

Unallocated

 

Total

Allowance for loan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

 4,896 

 

$

 5,650 

 

$

 78 

 

$

 941 

 

$

 819 

 

$

 149 

 

$

 12,533 

Charge-offs

 

 

 (799)

 

 

 (139)

 

 

 (43)

 

 

 (66)

 

 

-    

 

 

-    

 

 

 (1,047)

Recoveries

 

 

 126 

 

 

 44 

 

 

 9 

 

 

 2 

 

 

-    

 

 

-    

 

 

 181 

Provision (Credit)

 

 

 160 

 

 

 1,580 

 

 

 41 

 

 

 32 

 

 

 (448)

 

 

 (149)

 

 

 1,216 

Ending balance

 

$

 4,383 

 

$

 7,135 

 

$

 85 

 

$

 909 

 

$

 371 

 

$

-    

 

$

 12,883 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for loan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

for impairment

 

$

 552 

 

$

 1,146 

 

$

 42 

 

$

 2 

 

$

-    

 

$

-    

 

$

 1,742 

Collectively evaluated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

for impairment

 

 

 3,831 

 

 

 5,989 

 

 

 43 

 

 

 907 

 

 

 371 

 

 

-    

 

 

 11,141 

Total

 

$

 4,383 

 

$

 7,135 

 

$

 85 

 

$

 909 

 

$

 371 

 

$

-    

 

$

 12,883 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

for impairment

 

$

 5,322 

 

$

 9,993 

 

$

 42 

 

$

 2,499 

 

$

 1,644 

 

$

-    

 

$

 19,500 

Collectively evaluated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

for impairment

 

 

 139,008 

 

 

 450,718 

 

 

 1,693 

 

 

 102,988 

 

 

 59,398 

 

 

-    

 

 

 753,805 

Total

 

$

 144,330 

 

$

 460,711 

 

$

 1,735 

 

$

 105,487 

 

$

 61,042 

 

$

-    

 

$

 773,305 





Note: Loan balances do not include $679 thousand in net deferred loan origination costs as of December 31, 2015.

* includes construction loans

** includes other loans

  
Data, At Class Level, Of Credit Quality Indicators Of Certain Loans









 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 2016

(in thousands)

Corporate Credit Exposure – By Credit Rating

 

Commercial Real Estate Construction

 

Commercial and Multi-Family Mortgages

 

Total Commercial Real Estate

 

Commercial and Industrial

1-3

 

$

 82,520 

 

$

 372,235 

 

$

 454,755 

 

$

 121,414 

4

 

 

 6,541 

 

 

 73,655 

 

 

 80,196 

 

 

 59,117 

5

 

 

-    

 

 

 12,506 

 

 

 12,506 

 

 

 12,623 

6

 

 

 4,179 

 

 

 3,989 

 

 

 8,168 

 

 

 3,404 

7

 

 

-    

 

 

-    

 

 

-    

 

 

 813 

Total

 

$

 93,240 

 

$

 462,385 

 

$

 555,625 

 

$

 197,371 









 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 2015

(in thousands)

Corporate Credit Exposure – By Credit Rating

 

Commercial Real Estate Construction

 

Commercial and Multi-Family Mortgages

 

Total Commercial Real Estate

 

Commercial and Industrial

1-3

 

$

 42,383 

 

$

 340,837 

 

$

 383,220 

 

$

 80,379 

4

 

 

 13,098 

 

 

 40,019 

 

 

 53,117 

 

 

 47,509 

5

 

 

 1,224 

 

 

 11,772 

 

 

 12,996 

 

 

 8,973 

6

 

 

 4,187 

 

 

 7,191 

 

 

 11,378 

 

 

 7,350 

7

 

 

-    

 

 

-    

 

 

-    

 

 

 119 

Total

 

$

 60,892 

 

$

 399,819 

 

$

 460,711 

 

$

 144,330 





  
Recorded Investment In Loans Past Due











 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 2016

(in thousands)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

Total Past 

 

Current 

 

Total

 

90+ Days

 

Non-accruing



 

30-59 days

 

60-89 days

 

90+ days

 

Due

 

Balance

 

Balance

 

Accruing

 

Loans



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial and industrial

 

$

 6,772 

 

$

 2,966 

 

$

 1,150 

 

$

 10,888 

 

$

 186,483 

 

$

 197,371 

 

$

-    

 

$

 3,106 

Residential real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Residential

 

 

 868 

 

 

 123 

 

 

 567 

 

 

 1,558 

 

 

 116,984 

 

 

 118,542 

 

 

-    

 

 

 862 

   Construction

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

 2,540 

 

 

 2,540 

 

 

-    

 

 

-    

Commercial real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Commercial

 

 

 6,319 

 

 

 1,522 

 

 

 2,357 

 

 

 10,198 

 

 

 452,187 

 

 

 462,385 

 

 

 483 

 

 

 1,874 

   Construction

 

 

 257 

 

 

-    

 

 

 4,417 

 

 

 4,674 

 

 

 88,566 

 

 

 93,240 

 

 

 239 

 

 

 4,178 

Home equities

 

 

 481 

 

 

 119 

 

 

 679 

 

 

 1,279 

 

 

 64,955 

 

 

 66,234 

 

 

-    

 

 

 1,261 

Consumer and other

 

 

 15 

 

 

 10 

 

 

 5 

 

 

 30 

 

 

 1,387 

 

 

 1,417 

 

 

-    

 

 

 17 

Total Loans

 

$

 14,712 

 

$

 4,740 

 

$

 9,175 

 

$

 28,627 

 

$

 913,102 

 

$

 941,729 

 

$

 722 

 

$

 11,298 













 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 2015

(in thousands)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

Total Past 

 

Current 

 

Total

 

90+ Days

 

Non-accruing



 

30-59 days

 

60-89 days

 

90+ days

 

Due

 

Balance

 

Balance

 

Accruing

 

Loans



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial and industrial

 

$

 160 

 

$

 224 

 

$

 66 

 

$

 450 

 

$

 143,880 

 

$

 144,330 

 

$

 40 

 

$

 5,312 

Residential real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Residential

 

 

 822 

 

 

 402 

 

 

 569 

 

 

 1,793 

 

 

 102,148 

 

 

 103,941 

 

 

-    

 

 

 1,400 

   Construction

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

 1,546 

 

 

 1,546 

 

 

-    

 

 

-    

Commercial real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Commercial

 

 

 1,919 

 

 

 963 

 

 

 457 

 

 

 3,339 

 

 

 396,480 

 

 

 399,819 

 

 

 457 

 

 

 3,574 

   Construction

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

 60,892 

 

 

 60,892 

 

 

-    

 

 

 4,187 

Home equities

 

 

 253 

 

 

 236 

 

 

 267 

 

 

 756 

 

 

 60,286 

 

 

 61,042 

 

 

-    

 

 

 1,058 

Consumer and other

 

 

 8 

 

 

-    

 

 

-    

 

 

 8 

 

 

 1,727 

 

 

 1,735 

 

 

-    

 

 

 14 

Total Loans

 

$

 3,162 

 

$

 1,825 

 

$

 1,359 

 

$

 6,346 

 

$

 766,959 

 

$

 773,305 

 

$

 497 

 

$

 15,545 





  
Data, At Class Level, Of Impaired Loans







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

At December 31, 2016



 

 

Recorded Investment

 

 

Unpaid Principal Balance

 

 

Related Allowance

 

 

Average Recorded Investment

 

 

Interest Income Foregone

 

 

Interest Income Recognized

With no related allowance recorded:

(in thousands)

Commercial and industrial

 

$

 1,304 

 

$

 1,604 

 

$

-    

 

$

 1,455 

 

$

 125 

 

$

 51 

Residential real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 2,513 

 

 

 2,720 

 

 

-    

 

 

 2,542 

 

 

 39 

 

 

 78 

Construction

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

Commercial real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 2,123 

 

 

 2,168 

 

 

-    

 

 

 2,181 

 

 

 33 

 

 

 89 

Construction

 

 

 257 

 

 

 257 

 

 

-    

 

 

 404 

 

 

 2 

 

 

 28 

Home equities

 

 

 1,559 

 

 

 1,621 

 

 

-    

 

 

 1,606 

 

 

 51 

 

 

 30 

Consumer and other

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

Total impaired loans

 

$

 7,756 

 

$

 8,370 

 

$

-    

 

$

 8,188 

 

$

 250 

 

$

 276 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

At December 31, 2016



 

 

Recorded Investment

 

 

Unpaid Principal Balance

 

 

Related Allowance

 

 

Average Recorded Investment

 

 

Interest Income Foregone

 

 

Interest Income Recognized

With a related allowance recorded:

(in thousands)

Commercial and industrial

 

$

 1,844 

 

$

 1,913 

 

$

 492 

 

$

 1,898 

 

$

 62 

 

$

 53 

Residential real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 71 

 

 

 72 

 

 

 1 

 

 

 72 

 

 

 2 

 

 

 1 

Construction

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

Commercial real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 1,054 

 

 

 1,083 

 

 

 296 

 

 

 1,062 

 

 

 50 

 

 

-    

Construction

 

 

 4,179 

 

 

 4,201 

 

 

 1,175 

 

 

 4,180 

 

 

 194 

 

 

-    

Home equities

 

 

 194 

 

 

 206 

 

 

 20 

 

 

 195 

 

 

 9 

 

 

 1 

Consumer and other

 

 

 43 

 

 

 68 

 

 

 43 

 

 

 45 

 

 

 3 

 

 

 3 

Total impaired loans

 

$

 7,385 

 

$

 7,543 

 

$

 2,027 

 

$

 7,452 

 

$

 320 

 

$

 58 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

At December 31, 2016



 

 

Recorded Investment

 

 

Unpaid Principal Balance

 

 

Related Allowance

 

 

Average Recorded Investment

 

 

Interest Income Foregone

 

 

Interest Income Recognized

Total:

 

 

(in thousands)

Commercial and industrial

 

$

 3,148 

 

$

 3,517 

 

$

 492 

 

$

 3,353 

 

$

 187 

 

$

 104 

Residential real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 2,584 

 

 

 2,792 

 

 

 1 

 

 

 2,614 

 

 

 41 

 

 

 79 

Construction

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

Commercial real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 3,177 

 

 

 3,251 

 

 

 296 

 

 

 3,243 

 

 

 83 

 

 

 89 

Construction

 

 

 4,436 

 

 

 4,458 

 

 

 1,175 

 

 

 4,584 

 

 

 196 

 

 

 28 

Home equities

 

 

 1,753 

 

 

 1,827 

 

 

 20 

 

 

 1,801 

 

 

 60 

 

 

 31 

Consumer and other

 

 

 43 

 

 

 68 

 

 

 43 

 

 

 45 

 

 

 3 

 

 

 3 

Total impaired loans

 

$

 15,141 

 

$

 15,913 

 

$

 2,027 

 

$

 15,640 

 

$

 570 

 

$

 334 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



















 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

At December 31, 2015



 

 

Recorded Investment

 

 

Unpaid Principal Balance

 

 

Related Allowance

 

 

Average Recorded Investment

 

 

Interest Income Foregone

 

 

Interest Income Recognized

With no related allowance recorded:

(in thousands)

Commercial and industrial

 

$

 1,750 

 

$

 1,811 

 

$

-    

 

$

 1,945 

 

$

 58 

 

$

 47 

Residential real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 2,444 

 

 

 2,555 

 

 

-    

 

 

 2,474 

 

 

 90 

 

 

 63 

Construction

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

Commercial real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 3,888 

 

 

 3,908 

 

 

-    

 

 

 3,930 

 

 

 27 

 

 

 179 

Construction

 

 

 834 

 

 

 834 

 

 

-    

 

 

 834 

 

 

-    

 

 

 31 

Home equities

 

 

 1,644 

 

 

 1,711 

 

 

-    

 

 

 1,661 

 

 

 40 

 

 

 52 

Consumer and other

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

Total impaired loans

 

$

 10,560 

 

$

 10,819 

 

$

-    

 

$

 10,844 

 

$

 215 

 

$

 372 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

At December 31, 2015



 

 

Recorded Investment

 

 

Unpaid Principal Balance

 

 

Related Allowance

 

 

Average Recorded Investment

 

 

Interest Income Foregone

 

 

Interest Income Recognized

With a related allowance recorded:

(in thousands)

Commercial and industrial

 

$

 3,572 

 

$

 3,835 

 

$

 552 

 

$

 3,966 

 

$

 255 

 

$

 9 

Residential real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 55 

 

 

 55 

 

 

 2 

 

 

 55 

 

 

 1 

 

 

 2 

Construction

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

Commercial real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 1,083 

 

 

 1,083 

 

 

 235 

 

 

 1,083 

 

 

 4 

 

 

 42 

Construction

 

 

 4,188 

 

 

 4,201 

 

 

 911 

 

 

 4,188 

 

 

 29 

 

 

 166 

Home equities

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

Consumer and other

 

 

 42 

 

 

 57 

 

 

 42 

 

 

 45 

 

 

 2 

 

 

 6 

Total impaired loans

 

$

 8,940 

 

$

 9,231 

 

$

 1,742 

 

$

 9,337 

 

$

 291 

 

$

 225 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

At December 31, 2015



 

 

Recorded Investment

 

 

Unpaid Principal Balance

 

 

Related Allowance

 

 

Average Recorded Investment

 

 

Interest Income Foregone

 

 

Interest Income Recognized

Total:

 

 

(in thousands)

Commercial and industrial

 

$

 5,322 

 

$

 5,646 

 

$

 552 

 

$

 5,911 

 

$

 313 

 

$

 56 

Residential real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 2,499 

 

 

 2,610 

 

 

 2 

 

 

 2,529 

 

 

 91 

 

 

 65 

Construction

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

 

 

-    

Commercial real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 4,971 

 

 

 4,991 

 

 

 235 

 

 

 5,013 

 

 

 31 

 

 

 221 

Construction

 

 

 5,022 

 

 

 5,035 

 

 

 911 

 

 

 5,022 

 

 

 29 

 

 

 197 

Home equities

 

 

 1,644 

 

 

 1,711 

 

 

-    

 

 

 1,661 

 

 

 40 

 

 

 52 

Consumer and other

 

 

 42 

 

 

 57 

 

 

 42 

 

 

 45 

 

 

 2 

 

 

 6 

Total impaired loans

 

$

 19,500 

 

$

 20,050 

 

$

 1,742 

 

$

 20,181 

 

$

 506 

 

$

 597 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



  
Loans Classified As Troubled Debt Restructurings

The following table presents the Company’s TDR loans as of December 31, 2016, and 2015, respectively:







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

December 31, 2016



 

 

(in thousands)



 

 

Total

 

 

Nonaccruing

 

 

Accruing

 

 

Related Allowance

Commercial and industrial

 

$

 574 

 

$

 532 

 

$

 42 

 

$

 147 

Residential real estate:

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 1,949 

 

 

 227 

 

 

 1,722 

 

 

-    

Construction

 

 

-    

 

 

-    

 

 

-    

 

 

-    

Commercial real estate:

 

 

 

 

 

 

 

 

 

 

 

 

Commercial and multi-family

 

 

 1,617 

 

 

 313 

 

 

 1,304 

 

 

-    

Construction

 

 

 257 

 

 

-    

 

 

 257 

 

 

-    

Home equities

 

 

 667 

 

 

 175 

 

 

 492 

 

 

 1 

Consumer and other loans

 

 

 26 

 

 

-    

 

 

 26 

 

 

 26 

Total troubled restructured loans

 

$

 5,090 

 

$

 1,247 

 

$

 3,843 

 

$

 174 









 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

December 31, 2015



 

 

(in thousands)



 

 

Total

 

 

Nonaccruing

 

 

Accruing

 

 

Related Allowance

Commercial and industrial

 

$

 517 

 

$

 508 

 

$

 9 

 

$

 165 

Residential real estate:

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 1,789 

 

 

 689 

 

 

 1,100 

 

 

-    

Construction

 

 

-    

 

 

-    

 

 

-    

 

 

-    

Commercial real estate:

 

 

 

 

 

 

 

 

 

 

 

 

Commercial and multi-family

 

 

 1,732 

 

 

 334 

 

 

 1,398 

 

 

-    

Construction

 

 

 834 

 

 

-    

 

 

 834 

 

 

-    

Home equities

 

 

 867 

 

 

 281 

 

 

 586 

 

 

-    

Consumer and other loans

 

 

 28 

 

 

-    

 

 

 28 

 

 

 28 

Total troubled restructured loans

 

$

 5,767 

 

$

 1,812 

 

$

 3,955 

 

$

 193 





The Company’s TDRs have various agreements that involve deferral of principal payments, or interest-only payments, for a period (usually 12 months or less) to allow the customer time to improve cash flow or sell the property.  Other common types of concessions leading to the designation of a TDR are lines of credit that are termed-out and extensions of maturities at rates that are less than prevailing market rates given the risk profile of the borrower.





The following tables show the data for TDR activity by type of concession granted to the borrower during 2016 and 2015:









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Year ended December 31, 2016

 

Year ended December 31, 2015



 

(Recorded Investment in thousands)

 

(Recorded Investment in thousands)

Troubled Debt Restructurings by Type of Concession

 

Number of Contracts

 

 

Pre-Modification Outstanding Recorded Investment

 

 

Post-Modification Outstanding Recorded Investment

 

Number of Contracts

 

 

Pre-Modification Outstanding Recorded Investment

 

 

Post-Modification Outstanding Recorded Investment



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial and Industrial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferral of principal

 

-    

 

 

-    

 

 

-    

 

 3 

 

$

 541 

 

$

 541 

Extension of maturity

 

 2 

 

 

 121 

 

 

 121 

 

-    

 

 

-    

 

 

-    

Term-out line of credit

 

 1 

 

 

 20 

 

 

 20 

 

-    

 

 

-    

 

 

-    

Residential Real Estate & Construction:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Extension of maturity

 

 1 

 

 

 95 

 

 

 95 

 

-    

 

 

-    

 

 

-    

Extension of maturity and

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

interest rate reduction

 

 1 

 

 

 109 

 

 

 109 

 

-    

 

 

-    

 

 

-    

Commercial Real Estate & Construction

 

-    

 

 

-    

 

 

-    

 

-    

 

 

-    

 

 

-    

Home Equities:

 

-    

 

 

-    

 

 

-    

 

-    

 

 

-    

 

 

-    

Combination of concessions

 

-    

 

 

-    

 

 

-    

 

 2 

 

 

 166 

 

 

 166 

Consumer and other loans

 

-    

 

 

-    

 

 

-    

 

-    

 

 

-    

 

 

-    





Modifications made to loans in a troubled debt restructuring did not have a material impact on the Company’s net income for the years ended December 31, 2016 and 2015.  All of the C&I and commercial real estate TDRs were already considered impaired and sufficiently reserved for prior to being identified as a TDR.



At December 31, 2016, there were no commitments to lend additional funds to debtors owing loans or leases whose terms have been modified in TDRs.



The general practice of the Bank is to work with borrowers so that they are able to repay their loan in full.  If a borrower continues to be delinquent or cannot meet the terms of a TDR and the loan is determined to be uncollectible, the loan will be charged-off to its collateral value.  A loan is considered in default when the loan or lease is 90 days past due or is charged-off.  The following table presents loans which were classified as TDRs during the preceding twelve months and which subsequently defaulted during the twelve month periods ended December 31, 2016 and 2015, respectively:







 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

Year ended December 31, 2016

 

Year ended December 31, 2015



 

(Recorded Investment in thousands)

 

(Recorded Investment in thousands)

Troubled Debt Restructurings

 

Number of  

 

Recorded 

 

Number of  

 

Recorded 

That Subsequently Defaulted

 

Contracts

 

Investment

 

Contracts

 

Investment

Commercial and industrial

 

-    

 

 

-    

 

-    

 

 

-    

Residential real estate

 

-    

 

 

-    

 

-    

 

 

-    

Commercial real estate

 

-    

 

 

-    

 

-    

 

 

-    

Home equities

 

-    

 

 

-    

 

1 

 

$

 66 

Consumer and other loans

 

-    

 

 

-    

 

-    

 

 

-