Rendering

Component: (Network and Table)
Network
2304301 - Disclosure - Allowance for Loan Losses (Tables)
(http://www.eaglefsi.com/role/AllowanceForLoanLossesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Receivables [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Receivables [Abstract]
 
Changes In Allowance For Loan Losses
Changes in the allowance for loan losses for the years December 31, 2016, 2015 and 2014 were as follows:
 
 
December 31,
 
2016
 
2015
 
2014
 
 
 
(in thousands)
 
 
Balance, beginning
$
4,959

 
$
5,080

 
$
5,488

(Recovery of) provision for loan losses
(188
)
 
(227
)
 
350

Recoveries added to the allowance
341

 
562

 
725

Loan losses charged to the allowance
(607
)
 
(456
)
 
(1,483
)
Balance, ending
$
4,505

 
$
4,959

 
$
5,080

 
 
Nonaccrual And Past Due Loans By Class
Nonaccrual and past due loans by class at December 31, 2016 and December 31, 2015 were as follows:
 
 
December 31, 2016
 
(in thousands)
 
30 - 59
Days
Past Due
 
60 - 89
Days
Past Due
 
90 or More
Days
Past Due
 
Total Past
Due
 
Current
 
Total Loans
 
90 or More
Days Past 
Due Still Accruing
 
Nonaccrual
Loans
Commercial - Non Real Estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial & Industrial
$
69

 
$
49

 
$

 
$
118

 
$
30,223

 
$
30,341

 
$

 
$
278

Commercial Real Estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner Occupied
150

 
384

 

 
534

 
114,820

 
115,354

 

 
431

Non-owner occupied

 
54

 
135

 
189

 
92,982

 
93,171

 

 
1,066

Construction and Farmland:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
50

 

 

 
50

 
4,627

 
4,677

 

 

Commercial
499

 

 

 
499

 
26,615

 
27,114

 

 

Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Installment
23

 
2

 
11

 
36

 
12,641

 
12,677

 
8

 
8

Residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity Lines
66

 

 

 
66

 
31,240

 
31,306

 

 
132

Single family
444

 
51

 
166

 
661

 
195,999

 
196,660

 

 
5,076

Multifamily

 

 

 

 
3,566

 
3,566

 

 

All Other Loans

 

 

 

 
2,076

 
2,076

 

 

Total
$
1,301

 
$
540

 
$
312

 
$
2,153

 
$
514,789

 
$
516,942

 
$
8

 
$
6,991


 
 
December 31, 2015
 
(in thousands)
 
30 - 59
Days
Past Due
 
60 - 89
Days
Past Due
 
90 or More
Days
Past Due
 
Total Past
Due
 
Current
 
Total Loans
 
90 or More
Past Due 
Still
Accruing
 
Nonaccrual
Loans
Commercial - Non Real Estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial & Industrial
$
1

 
$

 
$

 
$
1

 
$
29,365

 
$
29,366

 
$

 
$
475

Commercial Real Estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner Occupied
623

 
142

 

 
765

 
108,942

 
109,707

 

 
1,614

Non-owner occupied

 
55

 
746

 
801

 
64,664

 
65,465

 

 
948

Construction and Farmland:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
50

 

 

 
50

 
8,509

 
8,559

 

 

Commercial
356

 
72

 

 
428

 
32,582

 
33,010

 

 
310

Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Installment
43

 
3

 

 
46

 
13,484

 
13,530

 

 

Residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity Lines
175

 

 

 
175

 
34,246

 
34,421

 

 
276

Single family
2,123

 
209

 
1,296

 
3,628

 
191,602

 
195,230

 
307

 
1,662

Multifamily

 

 

 

 
3,975

 
3,975

 

 

All Other Loans

 

 

 

 
2,310

 
2,310

 

 

Total
$
3,371

 
$
481

 
$
2,042

 
$
5,894

 
$
489,679

 
$
495,573

 
$
307

 
$
5,285

 
 
Allowance For Loan Losses By Segment
Allowance for loan losses by segment at December 31, 2016, December 31, 2015 and December 31, 2014 were as follows:
 
 
As of and for the Twelve Months Ended
 
December 31, 2016
 
(in thousands)
 
Construction
and Farmland
 
Residential
Real Estate
 
Commercial
Real Estate
 
Commercial
 
Consumer
 
All Other
Loans
 
Unallocated
 
Total
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning Balance
$
775

 
$
2,322

 
$
1,268

 
$
211

 
$
109

 
$
53

 
$
221

 
$
4,959

Charge-Offs

 
(535
)
 

 

 
(30
)
 
(42
)
 

 
(607
)
Recoveries
144

 
124

 
8

 
11

 
49

 
5

 

 
341

Provision (recovery)
(469
)
 
81

 
246

 
13

 
(59
)
 
6

 
(6
)
 
(188
)
Ending balance
$
450

 
$
1,992

 
$
1,522

 
$
235

 
$
69

 
$
22

 
$
215

 
$
4,505

Ending balance: Individually evaluated for impairment
$

 
$
268

 
$
102

 
$
15

 
$

 
$

 
$

 
$
385

Ending balance: collectively evaluated for impairment
$
450

 
$
1,724

 
$
1,420

 
$
220

 
$
69

 
$
22

 
$
215

 
$
4,120

Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending balance
$
31,791

 
$
231,532

 
$
208,525

 
$
30,341

 
$
12,677

 
$
2,076

 
$

 
$
516,942

Ending balance individually evaluated for impairment
$
1,320

 
$
8,608

 
$
2,864

 
$
581

 
$
7

 
$

 
$

 
$
13,380

Ending balance collectively evaluated for impairment
$
30,471

 
$
222,924

 
$
205,661

 
$
29,760

 
$
12,670

 
$
2,076

 
$

 
$
503,562

 
 
As of and for the Twelve Months Ended
 
December 31, 2015
 
(in thousands)
 
Construction
and Farmland
 
Residential
Real Estate
 
Commercial
Real Estate
 
Commercial
 
Consumer
 
All Other
Loans
 
Unallocated
 
Total
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning Balance
$
951

 
$
1,977

 
$
1,347

 
$
464

 
$
103

 
$
42

 
$
196

 
$
5,080

Charge-Offs
(166
)
 
(152
)
 
(47
)
 

 
(66
)
 
(25
)
 

 
(456
)
Recoveries
75

 
142

 
115

 
181

 
33

 
16

 

 
562

Provision (recovery)
(85
)
 
355

 
(147
)
 
(434
)
 
39

 
20

 
25

 
(227
)
Ending balance
$
775

 
$
2,322

 
$
1,268

 
$
211

 
$
109

 
$
53

 
$
221

 
$
4,959

Ending balance: Individually evaluated for impairment
$
10

 
$
423

 
$
141

 
$
2

 
$

 
$

 
$

 
$
576

Ending balance: collectively evaluated for impairment
$
765

 
$
1,899

 
$
1,127

 
$
209

 
$
109

 
$
53

 
$
221

 
$
4,383

Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending balance
$
41,569

 
$
233,626

 
$
175,172

 
$
29,366

 
$
13,530

 
$
2,310

 
$

 
$
495,573

Ending balance individually evaluated for impairment
$
1,392

 
$
7,209

 
$
4,555

 
$
847

 
$

 
$

 
$

 
$
14,003

Ending balance collectively evaluated for impairment
$
40,177

 
$
226,417

 
$
170,617

 
$
28,519

 
$
13,530

 
$
2,310

 
$

 
$
481,570



 
As of and for the Twelve Months Ended
 
December 31, 2014
 
(in thousands)
 
Construction
and Farmland
 
Residential
Real Estate
 
Commercial
Real Estate
 
Commercial
 
Consumer
 
All Other
Loans
 
Unallocated
 
Total
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning Balance
$
1,032

 
$
2,225

 
$
1,337

 
$
555

 
$
102

 
$
82

 
$
155

 
$
5,488

Charge-Offs
(482
)
 
(808
)
 
(83
)
 

 
(86
)
 
(24
)
 

 
(1,483
)
Recoveries
26

 
63

 
381

 
164

 
87

 
4

 

 
725

Provision (recovery)
375

 
497

 
(288
)
 
(255
)
 

 
(20
)
 
41

 
350

Ending balance
$
951

 
$
1,977

 
$
1,347

 
$
464

 
$
103

 
$
42

 
$
196

 
$
5,080

Ending balance: Individually evaluated for impairment
$
93

 
$
303

 
$
203

 
$
44

 
$

 
$

 
$

 
$
643

Ending balance: collectively evaluated for impairment
$
858

 
$
1,674

 
$
1,144

 
$
420

 
$
103

 
$
42

 
$
196

 
$
4,437

Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending balance
$
36,489

 
$
227,710

 
$
161,299

 
$
28,132

 
$
13,874

 
$
2,316

 
$

 
$
469,820

Ending balance individually evaluated for impairment
$
2,665

 
$
6,550

 
$
5,716

 
$
2,106

 
$

 
$

 
$

 
$
17,037

Ending balance collectively evaluated for impairment
$
33,824

 
$
221,160

 
$
155,583

 
$
26,026

 
$
13,874

 
$
2,316

 
$

 
$
452,783


 
 
Effect On Loan Loss Provision, Changes In Methodology

The following table represents the effect on the loan loss provision for the year ended December 31, 2015 as a result of the change in allowance methodology from that used in prior periods. No similar changes to the methodology were made in the current period.

(in thousands)
 
Calculated Provision Based on Current Methodology
 
Calculation Provision Based on Prior Methodology
 
Difference
Portfolio Segment:
 
 
 
 
 
 
Construction and Farmland
 
$
(85
)
 
$
(118
)
 
$
33

Residential Real Estate
 
355

 
173

 
182

Commercial Real Estate
 
(147
)
 
(280
)
 
133

Commercial
 
(434
)
 
(457
)
 
23

Consumer
 
39

 
28

 
11

All Other Loans
 
20

 
19

 
1

Total, excluding unallocated
 
$
(252
)
 
$
(635
)
 
$
383

 
 
 
 
 
 
 
 
 
Impaired Loans By Class
Impaired loans by class at December 31, 2016 and December 31, 2015 were as follows:
 
 
As of and for the Year Ended
 
December 31, 2016
 
(in thousands)
 
Unpaid
Principal
Balance
 
Recorded
Investment (1)
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With no related allowance:
 
 
 
 
 
 
 
 
 
Commercial - Non Real Estate:
 
 
 
 
 
 
 
 
 
Commercial & Industrial
$
311

 
$
299

 
$

 
$
356

 
$
21

Commercial Real Estate:
 
 
 
 
 
 
 
 
 
Owner Occupied
869

 
772

 

 
778

 
15

Non-owner occupied
1,298

 
1,066

 

 
1,137

 
13

Construction and Farmland:
 
 
 
 
 
 
 
 
 
Residential

 

 

 

 

Commercial
1,320

 
1,324

 

 
1,358

 
75

Consumer:
 
 
 
 
 
 
 
 
 
Installment
8

 
8

 

 
9

 

Residential:
 
 
 
 
 
 
 
 
 
Equity lines
17

 
17

 

 
18

 

Single family
7,072

 
6,849

 

 
6,930

 
170

Multifamily

 

 

 

 

Other Loans

 

 

 

 

 
$
10,895

 
$
10,335

 
$

 
$
10,586

 
$
294

With an allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial - Non Real Estate:
 
 
 
 
 
 
 
 
 
Commercial & Industrial
$
283

 
$
283

 
$
15

 
$
298

 
$
14

Commercial Real Estate:
 
 
 
 
 
 
 
 
 
Owner Occupied
203

 
203

 
37

 
205

 
10

Non-owner occupied
824

 
826

 
65

 
834

 
37

Construction and Farmland:
 
 
 
 
 
 
 
 
 
Residential

 

 

 

 

Commercial

 

 

 

 

Residential:
 
 
 
 
 
 
 
 
 
Equity lines
458

 
115

 
56

 
120

 

Single family
1,678

 
1,638

 
212

 
1,676

 
60

Multifamily

 

 

 

 

Other Loans

 

 

 

 

 
$
3,446

 
$
3,065

 
$
385

 
$
3,133

 
$
121

Total:
 
 
 
 
 
 
 
 
 
Commercial
$
594

 
$
582

 
$
15

 
$
654

 
$
35

Commercial Real Estate
3,194

 
2,867

 
102

 
2,954

 
75

Construction and Farmland
1,320

 
1,324

 

 
1,358

 
75

Consumer
8

 
8

 

 
9

 

Residential
9,225

 
8,619

 
268

 
8,744

 
230

Other

 

 

 

 

Total
$
14,341

 
$
13,400

 
$
385

 
$
13,719

 
$
415


(1) Recorded investment is defined as the summation of the outstanding principal balance, accrued interest, and any partial charge-offs.

 
As of and for the Year Ended
 
December 31, 2015
 
(in thousands)
 
Unpaid
Principal
Balance
 
Recorded
Investment (1)
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With no related allowance:
 
 
 
 
 
 
 
 
 
Commercial - Non Real Estate:
 
 
 
 
 
 
 
 
 
Commercial & Industrial
$
747

 
$
534

 
$

 
$
749

 
$
18

Commercial Real Estate:
 
 
 
 
 
 
 
 
 
Owner Occupied
2,146

 
1,964

 

 
1,999

 
19

Non-owner occupied
1,174

 
1,093

 

 
1,108

 
15

Construction and Farmland:
 
 
 
 
 
 
 
 
 
Residential

 

 

 

 

Commercial
337

 
310

 

 
325

 

Residential:
 
 
 
 
 
 
 
 
 
Equity lines
149

 
145

 

 
145

 
5

Single family
4,407

 
4,288

 

 
4,245

 
126

Multifamily

 

 

 

 

Other Loans

 

 

 

 

 
$
8,960

 
$
8,334

 
$

 
$
8,571

 
$
183

With an allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial - Non Real Estate:
 
 
 
 
 
 
 
 
 
Commercial & Industrial
$
313

 
$
313

 
$
2

 
$
328

 
$
15

Commercial Real Estate:
 
 
 
 
 
 
 
 
 
Owner Occupied
207

 
208

 
39

 
210

 
10

Non-owner occupied
1,291

 
1,295

 
102

 
1,311

 
69

Construction and Farmland:
 
 
 
 
 
 
 
 
 
Residential

 

 

 

 

Commercial
1,081

 
1,085

 
10

 
1,109

 
48

Residential:
 
 
 
 
 
 
 
 
 
Equity lines
551

 
216

 
86

 
221

 
3

Single family
2,596

 
2,575

 
337

 
2,600

 
76

Multifamily

 

 

 

 

Other Loans

 

 

 

 

 
$
6,039

 
$
5,692

 
$
576

 
$
5,779

 
$
221

Total:
 
 
 
 
 
 
 
 
 
Commercial
$
1,060

 
$
847

 
$
2

 
$
1,077

 
$
33

Commercial Real Estate
4,818

 
4,560

 
141

 
4,628

 
113

Construction and Farmland
1,418

 
1,395

 
10

 
1,434

 
48

Residential
7,703

 
7,224

 
423

 
7,211

 
210

Other

 

 

 

 

Total
$
14,999

 
$
14,026

 
$
576

 
$
14,350

 
$
404

 
 
Credit Quality Information By Class
Credit quality information by class at December 31, 2016 and December 31, 2015 was as follows:
 
 
As of
 
December 31, 2016
 
(in thousands)
INTERNAL RISK RATING GRADES
Pass
 
Pass Monitored
 
Special
Mention
 
Substandard
 
Doubtful
 
Loss
 
Total
Commercial - Non Real Estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial & Industrial
$
25,951

 
$
3,858

 
$
170

 
$
362

 
$

 
$

 
$
30,341

Commercial Real Estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner Occupied
99,365

 
13,050

 
1,766

 
742

 
431

 

 
115,354

Non-owner occupied
60,259

 
30,515

 
891

 
1,506

 

 

 
93,171

Construction and Farmland:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
4,627

 
50

 

 

 

 

 
4,677

Commercial
21,105

 
5,349

 
314

 
346

 

 

 
27,114

Residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity Lines
30,791

 
382

 

 
17

 
116

 

 
31,306

Single family
182,404

 
6,850

 
724

 
6,533

 
149

 

 
196,660

Multifamily
3,032

 
534

 

 

 

 

 
3,566

All other loans
2,076

 

 

 

 

 

 
2,076

Total
$
429,610

 
$
60,588

 
$
3,865

 
$
9,506

 
$
696

 
$

 
$
504,265

 
 
Performing
 
Nonperforming
Consumer Credit Exposure by Payment Activity
$
12,641

 
$
36

 
As of
 
December 31, 2015
 
(in thousands)
INTERNAL RISK RATING GRADES
Pass
 
Pass Monitored
 
Special
Mention
 
Substandard
 
Doubtful
 
Loss
 
Total
Commercial - Non Real Estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial & Industrial
$
25,375

 
$
3,175

 
$
335

 
$
364

 
$
117

 
$

 
$
29,366

Commercial Real Estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner Occupied
90,230

 
12,553

 
4,521

 
1,416

 
987

 

 
109,707

Non-owner occupied
42,988

 
21,072

 

 
1,405

 

 

 
65,465

Construction and Farmland:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
8,559

 

 

 

 

 

 
8,559

Commercial
20,391

 
10,886

 
1,395

 
338

 

 

 
33,010

Residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity Lines
30,267

 
3,878

 

 
145

 
131

 

 
34,421

Single family
170,168

 
19,086

 
950

 
4,600

 
426

 

 
195,230

Multifamily
3,975

 

 

 

 

 

 
3,975

All other loans
2,265

 
45

 

 

 

 

 
2,310

Total
$
394,218

 
$
70,695

 
$
7,201

 
$
8,268

 
$
1,661

 
$

 
$
482,043

 
 
Performing
 
Nonperforming
Consumer Credit Exposure by Payment Activity
$
13,484

 
$
46