Note 11 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2015

Disclosure Text Block [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

(dollars in thousands)	Quoted Prices (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)		Total (Fair Value)
September 30, 2015
Assets:
Investment securities available for sale:
U. S. Government agency securities	$	-	$	69,078	$	-	$	69,078
Residential mortgage backed securities		-		322,020		-		322,020
Municipal bonds		-		117,866		-		117,866
Corporate bonds		-		15,018		-		15,018
Other equity investments		125		-		219		344
Loans held for sale		-		35,713		-		35,713
Mortgage banking derivatives		-		-		197		197
Interest rate swap derivatives		-		-		-		-
Total assets measured at fair value on a recurring basis as of September 30, 2015	$	125	$	559,695	$	416	$	560,236
Liabilities:
Interest rate swap derivatives		-		3,445		-		3,445
Total liabilities measured at fair value on a recurring basis as of September 30, 2015	$	-	$	3,445	$	-	$	3,445

(dollars in thousands)	Quoted Prices (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)		Total (Fair Value)
December 31, 2014
Assets:
Investment securities available for sale:
U. S. Government agency securities	$	-	$	29,894	$	-	$	29,894
Residential mortgage backed securities		-		240,320		-		240,320
Municipal bonds		-		111,712		-		111,712
Other equity investments		198		-		219		417
Loans held for sale		-		44,317		-		44,317
Mortgage banking derivatives		-		-		146		146
Total assets measured at fair value on a recurring basis as of December 31, 2014	$	198	$	426,243	$	365	$	426,806
Liabilities:
Interest rate swap derivatives		-		-		-		-
Total liabilities measured at fair value on a recurring basis as of September 30, 2014	$	-	$	-	$	-	$	-

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

	Other Equity		Derivative
(dollars in thousands)	Investments		Assets/(Liabilities)			Total
Assets:
Beginning balance at December 31, 2014	$	219	$	146		$	365
Realized gain (loss) included in earnings - net mortgage banking derivatives		-		51			51
Principal redemption		-		-			-
Ending balance at September 30, 2015	$	219	$	197		$	416
Liabilities:
Beginning balance at December 31, 2014	$	-	$	250		$	250
Realized gain (loss) included in earnings - net mortgage banking derivatives		-		(5	)		(5	)
Principal redemption		-		-			-
Ending balance at September 30, 2015	$	-	$	245		$	245

	Other Equity		Derivative
(dollars in thousands)	Investments		Assets/(Liabilities)		Total
Assets:
Beginning balance at December 31, 2013	$	219	$	-	$	219
Realized gain (loss) included in earnings - net mortgage banking derivatives		-		146		146
Ending balance at December 31, 2014	$	219	$	146	$	365
Liabilities:
Beginning balance at December 31, 2013	$	-	$	-	$	-
Realized gain (loss) included in earnings - net mortgage banking derivatives		-		250		250
Ending balance at December 31, 2014	$	-	$	250	$	250

Fair Value Measurements, Nonrecurring [Table Text Block]

(dollars in thousands)	Quoted Prices (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)		Total (Fair Value)
September 30, 2015
Impaired loans:
Commercial	$	-	$	279	$	2,237	$	2,516
Income producing - commercial real estate		-		5,587		307		5,894
Owner occupied - commercial real estate		-		282		599		881
Real estate mortgage - residential		-		-		333		333
Construction - commercial and residential		-		-		221		221
Home equity		-		198		125		323
Other consumer		-		-		72		72
Other real estate owned		-		9,494		458		9,952
Total assets measured at fair value on a nonrecurring basis as of September 30, 2015	$	-	$	15,840	$	4,352	$	20,192

(dollars in thousands)	Quoted Prices (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)		Total (Fair Value)
December 31, 2014
Impaired loans:
Commercial	$	-	$	781	$	7,171	$	7,952
Income producing - commercial real estate		-		703		1,199		1,902
Owner occupied - commercial real estate		-		-		824		824
Real estate mortgage - residential		-		-		346		346
Construction - commercial and residential		-		-		3,297		3,297
Home equity		-		5		963		968
Other consumer		-		-		13		13
Other real estate owned		-		9,184		4,040		13,224
Total assets measured at fair value on a nonrecurring basis as of December 31, 2014	$	-	$	10,673	$	17,853	$	28,526

Fair Value, by Balance Sheet Grouping [Table Text Block]

					Fair Value Measurements
					Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Other Observable Inputs		Significant Unobservable Inputs
(dollars in thousands)	Carrying Value		Fair Value		(Level 1)		(Level 2)		(Level 3)
September 30, 2015
Assets
Cash and due from banks	$	10,703	$	10,703	$	-	$	10,703	$	-
Federal funds sold		4,076		4,076		-		4,076		-
Interest bearing deposits with other banks		291,276		291,276		-		291,276		-
Investment securities		524,326		524,326		125		523,982		219
Federal Reserve and Federal Home Loan Bank stock		16,865		16,865		-		16,865		-
Loans held for sale		35,713		35,713		-		35,713		-
Loans		4,776,965		4,778,753		-		6,346		4,772,407
Bank owned life insurance		58,284		58,284		-		58,284		-
Annuity investment		12,137		12,137		-		12,137		-
Mortgage banking derivatives		197		197		-		-		197
Interst rate swap derivatives		-		-		-		-		-
Liabilities
Noninterest bearing deposits		1,402,447		1,402,447		-		1,402,447		-
Interest bearing deposits		2,722,026		2,722,026		-		2,722,026		-
Certificates of deposit		802,115		802,449		-		802,449		-
Customer repurchase agreements		64,893		64,893		-		64,893		-
Borrowings		70,000		70,000		-		70,000		-
Mortgage banking derivatives		245		245		-		-		245
Interst rate swap derivatives		3,445		3,445		-		3,445		-
December 31, 2014
Assets
Cash and due from banks	$	9,097	$	9,097	$	-	$	9,097	$	-
Federal funds sold		3,516		3,516		-		3,516		-
Interest bearing deposits with other banks		243,412		243,412		-		243,412		-
Investment securities		382,343		382,343		198		381,926		219
Federal Reserve and Federal Home Loan Bank stock		22,560		22,560		-		22,560		-
Loans held for sale		44,317		44,669		-		44,669		-
Loans		4,312,399		4,314,618		-		1,489		4,313,129
Bank owned life insurance		56,594		56,594		-		56,594		-
Annuity investment		11,277		11,277		-		11,277		-
Mortgage banking derivatives		146		146		-		-		146
Liabilities
Noninterest bearing deposits		1,175,799		1,175,799		-		1,175,799		-
Interest bearing deposits		2,446,228		2,446,228		-		2,446,228		-
Certificates of deposit		688,741		688,067		-		688,067		-
Customer repurchase agreements		61,120		61,120		-		61,120		-
Borrowings		219,300		220,838		-		220,838		-
Mortgage banking derivatives		250		250		-		-		250