The followings tables present details of TDR loans that were restructured during the year ended December 31, 2013 and 2012:
| December 31, 2013 | Pre-modification Outstanding | Post-Modification Outstanding | ||||||||||
| (Dollars in thousands) | Number of loans | Recorded Investment | Recorded Investment | |||||||||
| Below market interest rate | ||||||||||||
| and extended payment terms | ||||||||||||
| Commercial real estate: | ||||||||||||
| Owner occupied | 1 | $ | 2,645 | $ | 2,598 | |||||||
| Faith-based non-profit: | ||||||||||||
| Owner Occupied | 1 | 1,284 | 1,273 | |||||||||
| Below market interest rates | ||||||||||||
| Commercial real estate: | ||||||||||||
| Owner occupied | 1 | 1,840 | 1,840 | |||||||||
| Extended payment terms | ||||||||||||
| Commercial real estate: | ||||||||||||
| Owner occupied | 1 | 40 | 21 | |||||||||
| Total | 4 | $ | 5,809 | $ | 5,732 | |||||||
| December 31, 2012 | Pre-modification Outstanding | Post-Modification Outstanding | ||||||||||
| (Dollars in thousands) | Number of loans | Recorded Investment | Recorded Investment | |||||||||
| Below market interest rate | ||||||||||||
| Faith-based non-profit: | ||||||||||||
| Owner Occupied | 1 | $ | 2,522 | $ | 2,484 | |||||||
| Extended payment terms | ||||||||||||
| Commercial real estate: | ||||||||||||
| Owner occupied | 1 | 82 | 80 | |||||||||
| Other | 1 | 353 | 351 | |||||||||
| Faith-based non-profit: | ||||||||||||
| Owner Occupied | 4 | 1,635 | 1,615 | |||||||||
| Residential real estate: | ||||||||||||
| First mortgage | 1 | 37 | 34 | |||||||||
| Total | 8 | $ | 4,629 | $ | 4,564 | |||||||
The following table presents loans modified as TDRs with a payment default occurring within 12 months of the restructure date, during the years ended December 31, 2013 and 2012:
| December 31, 2013 | December 31, 2012 | |||||||||||||||
| Default | Default | |||||||||||||||
| Number of | Recorded | Number of | Recorded | |||||||||||||
| (Dollars in thousands) | Loans | Investment | Loans | Investment | ||||||||||||
| Below market interest rate and extended payment terms | 1 | $ | 2,598 | — | $ | — | ||||||||||
| Below market interest rate | — | — | — | — | ||||||||||||
| Extended payment terms | — | — | ||||||||||||||
| Total | 1 | $ | 2,598 | — | $ | — | ||||||||||