BLUE RIDGE BANKSHARES, INC.  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS  Note 4. Loans Receivable and Related Allowance for Loan Losses (Continued)  December 31,2012  An allowance for loan and lease losses ("ALLL") is maintained to absorb losses from the loan  portfolio. The ALLL is based on management’s continuing evaluation ofthe risk characteristics and  credit quality of the loan portfolio, assessment of current economic conditions, diversification and  size of the portfolio, adequacy of collateral, past and anticipated loss experience, and the amount of  non-performing loans. Management further monitors the performance and credit quality of the loan  portfolio by analyzing the age ofthe portfolio as determined by the length of time a recorded payment  is past due. The following table presents the classes of the loan portfolio summarized by the aging  categories of performing loans and nonaccrual loans as of December 31, 2012 and 2011 (in  thousands):  The classes described above provide the starting point for the ALLL analysis. Management tracks  the historical net charge-off activity by loan class. A historical charge-off factor is calculated and  applied to each class. Loans that are collectively evaluated for impairment are analyzed with general  allowances being made as appropriate. For general allowances, historical loss trends are used in the  estimation of losses in the current portfolio. Other qualitative factors are also considered.  20  (Continued)  December 31,2012  Residential loans  Commercial real estate loans  Non ovwier-occupied/multi-family  Owner-occupied & farmland  Constmction loans  Residential construction loans  Commercial constmction & raw  land loans  Home equity loans  Consumer loans  Commercial/farm loans  Municipal/other loans  Uneamed income on loans  Total  (  $  $  50,414  25,840  19.755  569  7,744  2,211  1,827  7,681  10,136  (317)  125,860  30-5? Days  Past Due  $  $  826  .  _  _  - 9  5  .  .  .  840  (  50- Days  $  $  89  Past  Due  21  .  .  _  - .  •  .  - •  21  90  Days+  Past Due  $  $  - .  .  - .  .  18  - - 18  Total Past  $  $  Due  847  - - _  - 9  5  18  - - 879  Non- Accrual  $ 355 $  - - _  - 23  - 11  - - 389  $  $"  Loans  51,616  25,840  19,755  569  7,744  2,243  1,832  7,710  10,136  (317)  127,128  December 31,2011  Residential loans  Commercial real estate loans  Non owner-occupied/multi-family  Owner-occupied & farmland  Constmction loans  Residential constmction loans  Commercial constmction & raw  land loans  Home equity loans  Consumer loans  Commercial/farm loans  Municipal/other loans  Unearned income on loans  Total  $  $ $^{Current }$ 46,594  23,591  12,357  1,219  9,674  2,582  2,303  8,992  9,145  (315)  116,142  $  $  228  .  _  _  - .  10  .  - 238  $  $  .  .  .  .  - .  .  .  - - - , $  $  .  .  .  _  .  .  7  ’.  - .  7  $  $  228  .  - _  - .  17  - - - 245  $  $  73  - .  .  406  .  2  6  - - 487  $  $" $^{Total }$ 46,895  23,591  12,357  1,219  10,080  2,582  2,322  8,998  9,145  (315)  116,874 