Note 9 - Other Real Estate Owned

9 Months Ended

Sep. 30, 2013

Disclosure Text Block [Abstract]

Real Estate Owned [Text Block]

9.Other Real Estate Owned

OREO was as follows as of the date indicated:

(In thousands)	September 30, 2013		December 31, 2012
Construction and land development	$	25,778	$	32,360
Residential real estate		2,868		4,605
Farmland and other commercial enterprises		13,015		15,597
Total	$	41,661	$	52,562

OREO activity for the nine months ended September 30, 2013 and 2012 was as follows:

Nine months ended September 30, (In thousands)	2013			2012
Beginning balance	$	52,562		$	38,157
Transfers from loans		5,589			21,914
Proceeds from sales		(12,695	)		(10,148	)
Loss on sales, net		(24	)		(241	)
Write downs and other decreases, net		(3,771	)		(2,202	)
Ending balance	$	41,661		$	47,480