Rendering

Component: (Network and Table)
Network
00000036 - Disclosure - Allowance for Loan Losses (Tables)
(http://vnbpeople.com/role/vabk-afllt)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001572334 (http://www.sec.gov/CIK)
Allowance for Loan Losses [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Allowance for Loan Losses [Abstract]
 
Summary of Transactions in Allowance for Loan Losses

2016        2015
Balance, beginning of period $      3,567 $      3,164
Loans charged off (37 )   (141 )
Recoveries 47   81  
     Net recoveries (charge-offs)   10 (60 )
Provision for loan losses 111 463
Balance, December 31 $ 3,688 $ 3,567
  
Schedule of Changes in Methodology

Provision
Provision (Recovery)
(Recovery) Based on
Based on New Prior
Methodology       Methodology       Difference
Commercial loans $                   20 $               (90 ) $         110
Real estate construction and land (32 ) (23 ) (9 )
Real estate mortgages   (77 ) 52 (129 )
Consumer loans 200 131 69
     Total provision for loan losses $ 111 $ 70 $ 41
  
Internal Risk Rating Grades
                          Special      Sub-     
December 31, 2016 Excellent Good Pass Watch Mention standard TOTAL
Commercial
       Commercial and industrial - organic $ 816 $ 24,225 $ 15,840 $ 259 $ 236 $ 184 $ 41,560
       Commercial and industrial - government guaranteed 5,550 - - - - - 5,550
       Commercial and industrial - syndicated - - 16,175 - - 2,932 19,107
Real estate construction
       Residential construction - - 395 - - - 395
       Commercial construction - - 4,422 - - - 4,422
       Land and land development - - 10,271 5 - 589 10,865
Real estate mortgages
       1-4 family residential, first lien, investment - - 35,102 1,724 229 483 37,538
       1-4 family residential, first lien, owner occupied - - 15,207 325 - 1,097 16,629
       1-4 family residential, junior lien - - 2,214 326 189 142 2,871
       Home equity lines of credit, first lien - - 7,872 40 - - 7,912
       Home equity lines of credit, junior lien - - 13,911 - - 111 14,022
       Farm - - 11,253 - - - 11,253
       Multifamily - - 31,052 - - - 31,052
       Commercial owner occupied - 695 81,582 1,019 - - 83,296
       Commercial non-owner occupied - - 104,963 1,012 - 1,087 107,062
Consumer
       Consumer revolving credit 65 19,766 539 - - 3 20,373
       Consumer all other credit 284 9,977 1,027 4 - 36 11,328
       Student loans purchased - - 56,011 889 - - 56,900
Total Loans $       6,715 $       54,663 $       407,836 $       5,603 $       654 $       6,664 $       482,135
 
Special Sub-
December 31, 2015 Excellent Good Pass Watch Mention standard TOTAL
Commercial
       Commercial and industrial - organic   $ 1,238 $ 30,221 $ 15,599 $ 101 $ 25 $ 31 $ 47,215
       Commercial and industrial - syndicated -   - 20,691 -   - 2,962 23,653
Real estate construction        
       Residential construction -   -   2,178 - -   -   2,178
       Commercial construction - - 6,214   - - - 6,214
       Land and land development - -   9,369   8   515   627 10,519
Real estate mortgages
       1-4 family residential, first lien, investment - - 28,832 1,885 232 179 31,128
       1-4 family residential, first lien, owner occupied - 1,500 18,796 335 - 252 20,883
       1-4 family residential, junior lien - - 3,060 130 418 162 3,770
       Home equity lines of credit, first lien - - 11,890 40 - - 11,930
       Home equity lines of credit, junior lien - - 15,588 - - 82 15,670
       Farm - - 7,762 - - - 7,762
       Multifamily - - 20,209 - - - 20,209
       Commercial owner occupied - - 61,803 3,694 - 747 66,244
       Commercial non-owner occupied - - 89,619 - 1,061 1,125 91,805
Consumer
       Consumer revolving credit 104 16,524 540 - - 6 17,174
       Consumer all other credit 232 10,063 1,317 2 - 41 11,655
       Student loans purchased - - 35,655 - - - 35,655
Total Loans $ 1,574 $ 58,308 $ 349,122 $ 6,195 $ 2,251 $ 6,214 $ 423,664
  
Allowance for Loan Losses Rollforward by Portfolio Segment

Allowance for Loan Losses Rollforward by Portfolio Segment
As of and for the year ended December 31, 2016

Real Estate
Commercial Construction Real Estate Consumer
     Loans      and Land      Mortgages      Loans      Total
Allowance for Loan Losses:
Balance as of January 1, 2016 $ 797 $ 159 $ 2,592 $ 19 $ 3,567
Charge-offs (25 ) - (12 ) - (37 )
Recoveries 32 - 3 12 47
 
Provision for (recovery of) loan losses 20 (32 ) (77 ) 200 111
Ending Balance $ 824 $ 127 $ 2,506 $ 231 $ 3,688
 
Ending Balance:
Individually evaluated for impairment $ - $ - $ - $ - $ -
Collectively evaluated for impairment 824 127 2,506 231 3,688
 
Loans:
Individually evaluated for impairment $ - $ 51 $ 1,482 $ 889 $ 2,422
Collectively evaluated for impairment 66,217 15,631 310,153 87,712 479,713
Ending Balance $ 66,217 $ 15,682 $ 311,635 $ 88,601 $ 482,135
 
As of and for the year ended December 31, 2015
 
Real Estate
Commercial Construction Real Estate Consumer
Loans and Land Mortgages Loans Total
Allowance for Loan Losses:
Balance as of January 1, 2015 $ 674 $ 102 $ 2,360 $ 28 $ 3,164
Charge-offs (126 ) - (12 ) (3 ) (141 )
Recoveries 35 - 46 - 81
 
Provision for (recovery of) loan losses 214 57 198 (6 ) 463
Ending Balance $ 797 $ 159 $ 2,592 $ 19 $ 3,567
 
Ending Balance:
Individually evaluated for impairment $ - $ - $ - $ - $ -
Collectively evaluated for impairment 797 159 2,592 19 3,567
 
Loans:                
Individually evaluated for impairment   $ -   $ 59     $ 1,560 $ -   $ 1,619
Collectively evaluated for impairment     70,868       18,852   267,841     64,484     422,045
Ending Balance $         70,868 $          18,911 $      269,401 $      64,484 $      423,664