Note 6 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value Disclosures [Abstract]

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

			Fair Value Measurements Using
(In thousands) Available For Sale Investment Securities	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
September 30, 2013
Obligations of U.S. government-sponsored entities	$	96,087	$	-	$	96,087	$	-
Obligations of states and political subdivisions		130,538		-		130,538		-
Mortgage-backed securities – residential		351,749		-		351,749		-
Corporate debt securities		5,776		-		5,776		-
Mutual funds and equity securities		1,903		1,903		-		-
Total	$	586,053	$	1,903	$	584,150	$	-

			Fair Value Measurements Using
(In thousands) Available For Sale Investment Securities	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
December 31, 2012
Obligations of U.S. government-sponsored entities	$	76,095	$	-	$	76,095	$	-
Obligations of states and political subdivisions		118,755		-		118,755		-
Mortgage-backed securities – residential		370,439		-		370,439		-
Corporate debt securities		5,826		-		5,826		-
Mutual funds and equity securities		1,993		1,993		-		-
Total	$	573,108	$	1,993	$	571,115	$	-

Fair Value Measurements, Nonrecurring [Table Text Block]

			Fair Value Measurements Using
(In thousands) Description	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
September 30, 2013
Collateral-dependent Impaired Loans
Real estate mortgage – construction and land development	$	335	$	-	$	-	$	335
Real estate mortgage – residential		3,077		-		-		3,077
Real estate mortgage – farmland and other commercial enterprises		3,450		-		-		3,450
Commercial and industrial		88		-		-		88
Total	$	6,950	$	-	$	-	$	6,950
OREO
Construction and land development	$	11,454	$	-	$	-	$	11,454
Residential real estate		1,527		-		-		1,527
Farmland and other commercial enterprises		9,106		-		-		9,106
Total	$	22,087	$	-	$	-	$	22,087

			Fair Value Measurements Using
(In thousands) Description	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
December 31, 2012
Collateral-dependent Impaired Loans
Real estate mortgage – construction and land development	$	17,921	$	-	$	-	$	17,921
Real estate mortgage – residential		2,273		-		-		2,273
Real estate mortgage – farmland and other commercial enterprises		3,523		-		-		3,523
Commercial and industrial		9		-		-		9
Consumer – secured		4		-		-		4
Consumer – unsecured		113		-		-		113
Total	$	23,843	$	-	$	-	$	23,843
OREO
Construction and land development	$	15,873	$	-	$	-	$	15,873
Residential real estate		1,483		-		-		1,483
Farmland and other commercial enterprises		3,826		-		-		3,826
Total	$	21,182	$	-	$	-	$	21,182

Asset Impairment Charges [Text Block]

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2013		2012		2013		2012
Impairment charges:
Collateral-dependent impaired loans	$	448	$	953	$	1,481	$	4,055
OREO		1,698		1,033		3,288		2,046
Total	$	2,146	$	1,986	$	4,769	$	6,101

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

(In thousands)	Fair Value at September 30, 2013		Valuation Technique	Unobservable Inputs	Range			Average
Collateral-dependent impaired loans	$	6,950	Discounted appraisals	Marketability discount	0%	-	6.3%		1.2	%
OREO	$	22,087	Discounted appraisals	Marketability discount	1.1%	-	32.4%		9.4	%

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

					Fair Value Measurements Using
(In thousands)	Carrying Amount		Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
September 30, 2013
Assets
Cash and cash equivalents	$	83,834	$	83,834	$	83,834	$	-	$	-
Held to maturity investment securities		820		871		-		871		-
Loans, net		988,182		985,969		-		-		985,969
Accrued interest receivable		6,033		6,033		-		6,033		-
Federal Home Loan Bank and Federal Reserve Bank Stock		9,516	N/A			-		-		-
Liabilities
Deposits		1,403,485		1,406,295		911,017		-		495,278
Federal funds purchased and other short-term borrowings		32,885		32,885		-		32,885		-
Securities sold under agreements to repurchase and other long-term borrowings		127,165		139,136		-		139,136		-
Subordinated notes payable to unconsolidated trusts		48,970		25,027		-		-		25,027
Accrued interest payable		1,161		1,161		-		1,161		-
December 31, 2012
Assets
Cash and cash equivalents	$	95,855	$	95,855	$	95,855	$	-	$	-
Held to maturity investment securities		820		956		-		956		-
Loans, net		980,550		979,301		-		-		979,301
Accrued interest receivable		6,074		6,074		-		6,074		-
Federal Home Loan Bank and Federal Reserve Bank Stock		9,516	N/A			-		-		-
Liabilities
Deposits		1,410,810		1,414,395		870,145		-		544,250
Federal funds purchased and other short-term borrowings		24,083		24,083		-		24,083		-
Securities sold under agreements to repurchase and other long-term borrowings		129,297		148,680		-		148,680		-
Subordinated notes payable to unconsolidated trusts		48,970		21,015		-		-		21,015
Accrued interest payable		1,370		1,370		-		1,370		-