The following table provides the number of loans modified in a troubled debt restructuring by loan portfolio as of December 31, 2013 and 2012, as well as the pre- and post-modification principal balance as of December 31, 2013 and 2012.
| December 31, 2013 | December 31, 2012 | |||||||||||||||||||||||
| Number of Loans |
Pre- Modification Outstanding Principal Balance |
Post- Modification Principal Balance |
Number of Loans |
Pre- Modification Outstanding Principal Balance |
Post- Modification Principal Balance |
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| (Dollars in Thousands) | ||||||||||||||||||||||||
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Loans secured by real estate: |
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Construction, land development and other land loans |
10 | $ | 7,551 | $ | 3,837 | 10 | $ | 11,267 | $ | 9,988 | ||||||||||||||
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Secured by 1-4 family residential properties |
17 | 1,375 | 1,067 | 4 | 596 | 586 | ||||||||||||||||||
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Secured by non-farm, non-residential properties |
9 | 2,683 | 2,418 | 6 | 1,811 | 1,586 | ||||||||||||||||||
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Commercial loans |
4 | 416 | 344 | 4 | 380 | 356 | ||||||||||||||||||
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Total |
40 | $ | 12,025 | $ | 7,666 | 24 | $ | 14,054 | $ | 12,516 | ||||||||||||||
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The following table provides the number of loans modified in a troubled debt restructuring that have subsequently defaulted, by loan portfolio, as of December 31, 2013 and 2012.
| December 31, 2013 | December 31, 2012 | |||||||||||||||
| Number of Loans |
Recorded Investment |
Number of Loans |
Recorded Investment |
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| (Dollars in Thousands) | ||||||||||||||||
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Construction, land development and other land loans |
2 | $ | 566 | 6 | $ | 7,062 | ||||||||||
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Secured by non-farm, non-residential properties |
4 | 1,073 | 2 | 433 | ||||||||||||
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Commercial |
— | — | 2 | 68 | ||||||||||||
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Total |
6 | $ | 1,639 | 10 | $ | 7,563 | ||||||||||
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