Note 3 - Loans (Tables)

9 Months Ended

Sep. 30, 2013

Note 3 - Loans (Tables) [Line Items]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

September 30, 2013	Gross Loan Balance		Deferred Loan Fees			Accrued Interest Receivable		Recorded Investment in Loans
Commercial and industrial	$	439,420	$	(956	)	$	1,137	$	439,601
Real estate mortgage		734,978		(1,549	)		1,851		735,280
Real estate construction		8,683		(101	)		25		8,607
Consumer and other		4,483		(134	)		13		4,362
Total	$	1,187,564	$	(2,740	)	$	3,026	$	1,187,850

December 31, 2012	Gross Loan Balance		Deferred Loan Fees			Accrued Interest Receivable		Recorded Investment in Loans
Commercial and industrial	$	383,641	$	(814	)	$	1,078	$	383,905
Real estate mortgage		702,051		(1,595	)		2,024		702,480
Real estate construction		9,704		(30	)		18		9,692
Consumer and other		7,531		(151	)		21		7,401
Total	$	1,102,927	$	(2,590	)	$	3,141	$	1,103,478

Financing Receivable Credit Quality Indicators [Table Text Block]

As of September 30, 2013	Commercial and industrial		Real estate mortgage		Real estate construction		Consumer and other		Total
Grade:
1-6 - “Pass”	$	425,498	$	673,267	$	8,607	$	4,362	$	1,111,734
7 - “Special Mention”/ “Watch”		2,851		17,714		—		—		20,565
8 - “Substandard”		11,252		44,299		—		—		55,551
9 -“Doubtful"		—		—		—		—		—
Total	$	439,601	$	735,280	$	8,607	$	4,362	$	1,187,850

As of December 31, 2012	Commercial and industrial		Real estate mortgage		Real estate construction		Consumer and other		Total
Grade:
1-6 - “Pass”	$	366,571	$	611,159	$	5,163	$	7,401	$	990,294
7 - “Special Mention”/ “Watch”		4,393		14,593		—		—		18,986
8 - “Substandard”		12,941		76,728		4,529		—		94,198
9 -“Doubtful"		—		—		—		—		—
Total	$	383,905	$	702,480	$	9,692	$	7,401	$	1,103,478

Past Due Financing Receivables [Table Text Block]

As of September 30, 2013	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Recorded Investment in Loans		Recorded Investment 90 Days and Accruing
Commercial and industrial	$	1,974	$	414	$	1,178	$	3,566	$	436,035	$	439,601	$	—
Real estate mortgage:
Residential		482		—		124		606		39,468		40,074		—
Commercial		16,891		—		8,596		25,487		669,719		695,206		—
Real estate construction:
Residential		—		—		—		—		4,911		4,911		—
Commercial		—		—		—		—		3,696		3,696		—
Consumer and other		8		—		—		8		4,354		4,362		—
Total	$	19,355	$	414	$	9,898	$	29,667	$	1,158,183	$	1,187,850	$	—

As of December 31, 2012	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Recorded Investment in Loans		Recorded Investment 90 Days and Accruing
Commercial and industrial	$	2,233	$	817	$	1,308	$	4,358	$	379,547	$	383,905	$	—
Real estate mortgage:
Residential		—		—		239		239		36,667		36,906		—
Commercial		114		3,817		18,141		22,072		643,502		665,574		—
Real estate construction:
Residential		—		—		1,426		1,426		984		2,410		—
Commercial		150		—		3,103		3,253		4,029		7,282		—
Consumer and other		—		—		—		—		7,401		7,401		—
Total	$	2,497	$	4,634	$	24,217	$	31,348	$	1,072,130	$	1,103,478	$	—

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

Recorded investment in nonaccrual loans	September 30, 2013		December 31, 2012
Commercial and industrial	$	1,441	$	1,308
Real estate mortgage:
Residential		606		239
Commercial		12,969		22,501
Real estate construction:
Residential		—		1,426
Commercial		—		3,103
Total	$	15,016	$	28,577

Impaired Financing Receivables [Table Text Block]

As of September 30, 2013	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Impaired loans with no allowance
Commercial and industrial	$	1,441	$	1,441	$	—	$	1,036
Real estate mortgage:
Residential		606		606		—		451
Commercial		12,700		12,713		—		14,204
Real estate construction:
Residential		—		—		—		713
Commercial		—		—		—		1,552
Impaired loans with an allowance
Commercial and industrial	$	—	$	—	$	—	$	216
Real estate mortgage:
Commercial		657		658		174		2,463
Total:
Commercial and industrial	$	1,441	$	1,441	$	—	$	1,252
Real estate mortgage		13,963		13,977		174		17,118
Real estate construction		—		—		—		2,265

As of December 31, 2012	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Impaired loans with no allowance
Commercial and industrial	$	1,287	$	1,289	$	—	$	5,162
Real estate mortgage:
Residential		239		239		—		213
Commercial		18,369		18,369		—		19,732
Real estate construction:
Residential		1,426		1,426		—		1,529
Commercial		3,103		3,103		—		3,171
Impaired loans with an allowance
Commercial and industrial	$	21	$	21	$	21	$	1,434
Real estate mortgage:
Commercial		4,533		4,535		503		6,836
Total:
Commercial and industrial	$	1,308	$	1,310	$	21	$	6,596
Real estate mortgage		23,141		23,143		503		26,781
Real estate construction		4,529		4,529		—		4,700

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	Nine Months Ended September 30, 2013
Troubled Debt Restructurings	Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Commercial and industrial		1	$	229	$	208
Real estate mortgage:
Residential		1		696		482
Commercial		4		3,074		2,636

Allowance for Credit Losses on Financing Receivables [Table Text Block]

As of and for the three months ended September 30, 2013	Commercial and industrial			Real estate- mortgage			Real estate - construction			Consumer and other			Unallocated		Total
Allowance for loan losses at beginning of period	$	7,523		$	13,176		$	75		$	70		$	988	$	21,832
(Reduction in) provision for loan losses		(31	)		(918	)		72			(11	)		233		(655	)
Charge-offs		(450	)		(41	)		(17	)		(9	)		—		(517	)
Recoveries		124			14			—			2			—		140
Allowance for loan losses at end of period	$	7,166		$	12,231		$	130		$	52		$	1,221	$	20,800
Ending allowance for loan losses balance for loans individually evaluated for impairment	$	—		$	174		$	—		$	—				$	174
Ending allowance for loan losses balance for loans collectively evaluated for impairment	$	7,166		$	12,057		$	130		$	52				$	19,405
Loans:
Recorded investment in loans	$	439,601		$	735,280		$	8,607		$	4,362				$	1,187,850
Recorded investment in loans individually evaluated for impairment	$	1,441		$	13,963		$	—		$	—				$	15,404
Recorded investment in loans collectively evaluated for impairment	$	438,160		$	721,317		$	8,607		$	4,362				$	1,172,446

As of and for the three months ended September 30, 2012	Commercial and industrial			Real estate- mortgage			Real estate - construction			Consumer and other			Unallocated			Total
Allowance for loan losses at beginning of period	$	9,146		$	16,151		$	185		$	106		$	1,723		$	27,311
(Reduction in) provision for loan losses		922			(574	)		(6	)		50			(692	)		(300	)
Charge-offs		(1,464	)		(130	)		—			(31	)		—			(1,625	)
Recoveries		32			118			—			6			—			156
Allowance for loan losses at end of period	$	8,636		$	15,565		$	179		$	131		$	1,031		$	25,542
Ending allowance for loan losses balance for loans individually evaluated for impairment	$	23		$	953		$	—		$	—					$	976
Ending allowance for loan losses balance for loans collectively evaluated for impairment	$	8,613		$	14,612		$	179		$	131					$	23,535
Loans:
Recorded investment in loans	$	377,309		$	708,121		$	7,907		$	6,723					$	1,100,060
Recorded investment in loans individually evaluated for impairment	$	7,357		$	27,441		$	5,492		$	1					$	40,291
Recorded investment in loans collectively evaluated for impairment	$	369,952		$	680,680		$	2,415		$	6,722					$	1,059,769

As of and for the nine months ended September 30, 2013	Commercial and industrial			Real estate- mortgage			Real estate - construction			Consumer and other			Unallocated			Total
Allowance for loan losses at beginning of period	$	8,255		$	14,748		$	216		$	143		$	1,230		$	24,592
(Reduction in) provision for loan losses		(45	)		(923	)		(95	)		(58	)		(9	)		(1,130	)
Charge-offs		(1,336	)		(1,685	)		(26	)		(42	)		—			(3,089	)
Recoveries		292			91			35			9			—			427
Allowance for loan losses at end of period	$	7,166		$	12,231		$	130		$	52		$	1,221		$	20,800
Ending allowance for loan losses balance for loans individually evaluated for impairment	$	—		$	174		$	—		$	—					$	174
Ending allowance for loan losses balance for loans collectively evaluated for impairment	$	7,166		$	12,057		$	130		$	52					$	19,405
Loans:
Recorded investment in loans	$	439,601		$	735,280		$	8,607		$	4,362					$	1,187,850
Recorded investment in loans individually evaluated for impairment	$	1,441		$	13,963		$	—		$	—					$	15,404
Recorded investment in loans collectively evaluated for impairment	$	438,160		$	721,317		$	8,607		$	4,362					$	1,172,446

As of and for the nine months ended September 30, 2012	Commercial and industrial			Real estate- mortgage			Real estate - construction			Consumer and other			Unallocated		Total
Allowance for loan losses at beginning of period	$	7,966		$	19,213		$	320		$	137		$	685	$	28,321
(Reduction in) provision for loan losses		2,531			(3,166	)		523			66			346		300
Charge-offs		(2,258	)		(1,415	)		(683	)		(92	)		—		(4,448	)
Recoveries		397			933			19			20			—		1,369
Allowance for loan losses at end of period	$	8,636		$	15,565		$	179		$	131		$	1,031	$	25,542
Ending allowance for loan losses balance for loans individually evaluated for impairment	$	23		$	953		$	—		$	—				$	976
Ending allowance for loan losses balance for loans collectively evaluated for impairment	$	8,613		$	14,612		$	179		$	131				$	23,535
Loans:
Recorded investment in loans	$	377,309		$	708,121		$	7,907		$	6,723				$	1,100,060
Recorded investment in loans individually evaluated for impairment	$	7,357		$	27,441		$	5,492		$	1				$	40,291
Recorded investment in loans collectively evaluated for impairment	$	369,952		$	680,680		$	2,415		$	6,722				$	1,059,769

Class of Financing Receivables [Member]

Note 3 - Loans (Tables) [Line Items]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	As of September 30, 2013						As of December 31, 2012
	Amount			Percent			Amount			Percent
	(Dollars in thousands)
Commercial and industrial	$	439,420			37.00	%	$	383,641			34.78	%
Real estate mortgage
Residential		39,998			3.37			36,807			3.34
Commercial		694,980			58.52			665,244			60.32
		734,978			61.89			702,051			63.66
Real estate construction
Residential		4,936			0.42			2,420			0.22
Commercial		3,747			0.31			7,284			0.66
		8,683			0.73			9,704			0.88
Consumer and other		4,483			0.38			7,531			0.68
Gross loans		1,187,564			100.00	%		1,102,927			100.00	%
Unearned discounts, interest and deferred fees		(2,740	)					(2,590	)
Total loans		1,184,824						1,100,337
Allowance for loan losses		(20,800	)					(24,592	)
Loans, net (1)	$	1,164,024					$	1,075,745