57 / 146
41
Allowance for Loan andLease Losses
(dollars in thousands)
Balances:
2015
2014
2013
2012
2011
Average gross loans and leases outstanding during period
1,027,983
$
859,981
$
804,533
$
789,333
$
767,901
$
Gross loans and leases held for investment
1,132,856
$
970,653
$
803,242
$
879,795
$
757,591
$
Allowance for Loan andLease Losses:
Balance at beginning of period
11,248
$
11,677
$
13,873
$
17,283
$
21,138
$
Provision charged to expense
-
350
4,350
14,210
12,000
Charge-offs
Real Estate:
1-4 family residential construction
-
-
-
46
1,389
Other Construction/Land
73
135
625
1,994
1,807
1-4 Family - closed-end
224
431
454
1,763
795
Equity Lines
92
828
1,131
1,234
1,776
Multi-family residential
-
-
-
1,262
-
Commercial RE- owner occupied
318
171
933
2,117
1,306
Commercial RE - non-owner occupied
-
45
523
2,522
3,027
Farmland
-
19
539
170
496
TOTAL REAL ESTATE
707
1,629
4,205
11,108
10,596
Agricultural
-
124
473
634
-
Commercial and Industrial
395
625
1,668
4,468
3,637
Mortgage Warehouse Lines
-
-
-
-
-
Consumer Loans
1,738
1,837
1,917
2,568
2,754
Total
2,840
4,215
8,263
18,778
16,987
Recoveries
Real Estate:
1-4 family residential construction
-
38
-
7
133
Other Construction/Land
117
702
174
61
38
1-4 Family - closed-end
93
317
58
40
23
Equity Lines
189
273
118
21
4
Multi-family residential
-
-
36
-
-
Commercial RE- owner occupied
106
504
60
104
71
Commercial RE - non-owner occupied
246
79
172
12
148
Farmland
-
-
-
57
1
TOTAL REAL ESTATE
751
1,913
618
302
418
Agricultural
81
6
-
-
-
Commercial and Industrial
225
801
802
578
451
Mortgage Warehouse Lines
-
-
-
-
-
Consumer Loans
958
716
297
278
263
Total
2,015
3,436
1,717
1,158
1,132
Net loan charge offs (recoveries)
825
779
6,546
17,620
15,855
Balance
10,423
$
11,248
$
11,677
$
13,873
$
17,283
$
RATIOS
Net Loan and Lease Charge-offs to Average Loans and Leases
0.08%
0.09%
0.81%
2.23%
2.06%
Allowance for Loan and Lease Losses to
Gross Loans and Leases at End of Period
0.92%
1.16%
1.45%
1.58%
2.28%
Allowance for Loan Losses to
Non-Performing Loans
108.19% 54.40% 31.21% 26.13% 30.80%
Net Loan and Lease Charge-offs to Allowance
for Loan Losses at End of Period
7.92%
6.93% 56.06% 127.01% 91.74%
Net Loan Charge-offs to
Provision for Loan and Lease Losses
-
222.57% 150.48% 124.00% 132.13%
As of and for the years endedDecember 31,