Note 7 - Loans and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2015

Note 7 - Loans and Allowance for Loan Losses (Tables) [Line Items]

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

(In thousands)	September 30, 2015		December 31, 2014
Real Estate:
Real estate mortgage – construction and land development	$	107,130	$	97,045
Real estate mortgage – residential		355,258		361,022
Real estate mortgage – farmland and other commercial enterprises		368,870		375,277
Commercial:
Commercial and industrial		51,187		47,112
States and political subdivisions		18,428		22,369
Lease financing		25		159
Other		22,218		15,547
Consumer:
Secured		6,787		7,963
Unsecured		5,242		5,450
Total loans		935,145		931,944
Less unearned income		-		1
Total loans, net of unearned income	$	935,145	$	931,943

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

(In thousands)	Real Estate			Commercial			Consumer			Total
Three months ended September 30, 2015
Balance, beginning of period	$	10,806		$	1,057		$	336		$	12,199
Provision for loan losses		(765	)		(136	)		3			(898	)
Recoveries		38			145			28			211
Loans charged off		(151	)		(42	)		(42	)		(235	)
Balance, end of period	$	9,928		$	1,024		$	325		$	11,277
Nine months ended September 30, 2015
Balance, beginning of period	$	12,542		$	1,153		$	273		$	13,968
Provision for loan losses		(2,552	)		(237	)		82			(2,707	)
Recoveries		376			176			91			643
Loans charged off		(438	)		(68	)		(121	)		(627	)
Balance, end of period	$	9,928		$	1,024		$	325		$	11,277

(In thousands)	Real Estate			Commercial			Consumer			Total
Three months ended September 30, 2014
Balance, beginning of period	$	15,448		$	1,338		$	337		$	17,123
Provision for loan losses		(1,036	)		(496	)		(4	)		(1,536	)
Recoveries		114			691			20			825
Loans charged off		(436	)		(230	)		(54	)		(720	)
Balance, end of period	$	14,090		$	1,303		$	299		$	15,692
Nine months ended September 30, 2014
Balance, beginning of period	$	18,716		$	1,409		$	452		$	20,577
Provision for loan losses		(3,395	)		634			(31	)		(2,792	)
Recoveries		471			736			94			1,301
Loans charged off		(1,702	)		(1,476	)		(216	)		(3,394	)
Balance, end of period	$	14,090		$	1,303		$	299		$	15,692

Impaired Financing Receivables [Table Text Block]

September 30, 2015 (In thousands)	Unpaid Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Allowance for Loan Losses Allocated
Real Estate
Real estate mortgage – construction and land development	$	10,410	$	4,373	$	3,379	$	7,752	$	543
Real estate mortgage – residential		9,304		2,588		6,660		9,248		1,149
Real estate mortgage – farmland and other commercial enterprises		21,182		4,200		16,848		21,048		687
Commercial
Commercial and industrial		436		-		438		438		261
Consumer
Unsecured		161		-		161		161		161
Total	$	41,493	$	11,161	$	27,486	$	38,647	$	2,801

December 31, 2014 (In thousands)	Unpaid Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Allowance for Loan Losses Allocated
Real Estate
Real estate mortgage – construction and land development	$	13,656	$	6,902	$	3,917	$	10,819	$	744
Real estate mortgage – residential		10,256		3,473		6,649		10,122		1,172
Real estate mortgage – farmland and other commercial enterprises		23,003		5,247		17,649		22,896		1,359
Commercial
Commercial and industrial		93		22		71		93		71
Consumer
Unsecured		25		-		25		25		25
Total	$	47,033	$	15,644	$	28,311	$	43,955	$	3,371

Loans and ALL Disaggregated Impairment Method [Table Text Block]

September 30, 2015 (In thousands)	Real Estate		Commercial		Consumer		Total
Allowance for Loan Losses
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	2,379	$	261	$	161	$	2,801
Collectively evaluated for impairment		7,549		763		164		8,476
Total ending allowance balance	$	9,928	$	1,024	$	325	$	11,277
Loans
Loans individually evaluated for impairment	$	38,048	$	438	$	161	$	38,647
Loans collectively evaluated for impairment		793,210		91,420		11,868		896,498
Total ending loan balance, net of unearned income	$	831,258	$	91,858	$	12,029	$	935,145

December 31, 2014 (In thousands)	Real Estate		Commercial		Consumer		Total
Allowance for Loan Losses
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	3,275	$	71	$	25	$	3,371
Collectively evaluated for impairment		9,267		1,082		248		10,597
Total ending allowance balance	$	12,542	$	1,153	$	273	$	13,968
Loans
Loans individually evaluated for impairment	$	43,837	$	93	$	25	$	43,955
Loans collectively evaluated for impairment		789,507		85,093		13,388		887,988
Total ending loan balance, net of unearned income	$	833,344	$	85,186	$	13,413	$	931,943

Non-performing Loans Including TDR's [Table Text Block]

September 30, 2015 (In thousands)	Nonaccrual		Restructured Loans		Loans Past Due 90 Days or More and Still Accruing
Real Estate:
Real estate mortgage – construction and land development	$	1,861	$	3,679	$	-
Real estate mortgage – residential		2,527		4,350		-
Real estate mortgage – farmland and other commercial enterprises		3,739		15,594		-
Commercial:
Commercial and industrial		55		385		-
Other		9		-		-
Consumer:
Secured		10		-		-
Unsecured		-		147		-
Total	$	8,201	$	24,155	$	-

December 31, 2014 (In thousands)	Nonaccrual		Restructured Loans		Loans Past Due 90 Days or More and Still Accruing
Real Estate:
Real estate mortgage – construction and land development	$	3,744	$	3,742	$	-
Real estate mortgage – residential		3,474		4,674		-
Real estate mortgage – farmland and other commercial enterprises		4,202		16,004		-
Commercial:
Commercial and industrial		81		-		-
Lease financing		7		-		-
Consumer:
Unsecured		-		9		-
Total	$	11,508	$	24,429	$	-

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

(Dollars in thousands) Troubled Debt Restructurings:	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Nine Months Ended September 30, 2015
Commercial:
Commercial and industrial		2	$	388	$	388
Consumer:
Secured		1		145		145
Total		3	$	533	$	533

Past Due Financing Receivables [Table Text Block]

September 30, 2015 (In thousands)	30-89 Days Past Due		90 Days or More Past Due		Total		Current		Total Loans
Real Estate:
Real estate mortgage – construction and land development	$	2	$	227	$	229	$	106,901	$	107,130
Real estate mortgage – residential		1,706		698		2,404		352,854		355,258
Real estate mortgage – farmland and other commercial enterprises		876		2,125		3,001		365,869		368,870
Commercial:
Commercial and industrial		-		19		19		51,168		51,187
States and political subdivisions		-		-		-		18,428		18,428
Lease financing, net		25		-		25		-		25
Other		19		-		19		22,199		22,218
Consumer:
Secured		4		-		4		6,783		6,787
Unsecured		23		-		23		5,219		5,242
Total	$	2,655	$	3,069	$	5,724	$	929,421	$	935,145

December 31, 2014 (In thousands)	30-89 Days Past Due		90 Days or More Past Due		Total		Current		Total Loans
Real Estate:
Real estate mortgage – construction and land development	$	-	$	272	$	272	$	96,773	$	97,045
Real estate mortgage – residential		1,395		1,595		2,990		358,032		361,022
Real estate mortgage – farmland and other commercial enterprises		75		3,484		3,559		371,718		375,277
Commercial:
Commercial and industrial		-		13		13		47,099		47,112
States and political subdivisions		-		-		-		22,369		22,369
Lease financing, net		-		-		-		158		158
Other		40		7		47		15,500		15,547
Consumer:
Secured		58		-		58		7,905		7,963
Unsecured		16		1		17		5,433		5,450
Total	$	1,584	$	5,372	$	6,956	$	924,987	$	931,943

Financing Receivable Credit Quality Indicators [Table Text Block]

	Real Estate						Commercial
September 30, 2015 (In thousands)	Real Estate Mortgage –Construction and Land Development		Real Estate Mortgage –Residential		Real Estate Mortgage –Farmland and Other Commercial Enterprises		Commercial and Industrial		States and Political Subdivisions		Lease Financing		Other
Credit risk profile by internally assigned rating grades:
Pass	$	92,979	$	323,928	$	327,195	$	49,697	$	18,428	$	25	$	22,196
Special Mention		4,018		15,791		24,191		999		-		-		-
Substandard		10,133		15,539		17,484		491		-		-		22
Doubtful		-		-		-		-		-		-		-
Total	$	107,130	$	355,258	$	368,870	$	51,187	$	18,428	$	25	$	22,218

	Real Estate						Commercial
December 31, 2014 (In thousands)	Real Estate Mortgage – Construction and Land Development		Real Estate Mortgage –Residential		Real Estate Mortgage –Farmland and Other Commercial Enterprises		Commercial and Industrial		States and Political Subdivisions		Lease Financing		Other
Credit risk profile by internally assigned rating grades:
Pass	$	81,438	$	326,124	$	327,019	$	45,665	$	22,369	$	158	$	15,526
Special Mention		2,674		16,429		27,855		946		-		-		14
Substandard		12,933		18,469		19,941		501		-		-		7
Doubtful		-		-		462		-		-		-		-
Total	$	97,045	$	361,022	$	375,277	$	47,112	$	22,369	$	158	$	15,547

Credit Quality Consumer Loans [Table Text Block]

	September 30, 2015				December 31, 2014
	Consumer				Consumer
(In thousands)	Secured		Unsecured		Secured		Unsecured
Credit risk profile based on payment activity:
Performing	$	6,777	$	5,095	$	7,963	$	5,441
Nonperforming		10		147		-		9
Total	$	6,787	$	5,242	$	7,963	$	5,450

Additional Information Regarding Impaired Loans [Member]

Note 7 - Loans and Allowance for Loan Losses (Tables) [Line Items]

Impaired Financing Receivables [Table Text Block]

Three Months Ended September 30,	2015						2014
(In thousands)	Average		Interest Income Recognized		Cash Basis Interest Recognized		Average		Interest Income Recognized		Cash Basis Interest Recognized
Real Estate
Real estate mortgage – construction and land development	$	9,650	$	49	$	47	$	13,157	$	46	$	46
Real estate mortgage – residential		9,416		109		109		10,651		150		143
Real estate mortgage – farmland and other commercial enterprises		20,999		255		252		27,014		359		358
Commercial
Commercial and industrial		449		5		5		375		2		2
Consumer
Unsecured		161		2		2		30		-		-
Total	$	40,675	$	420	$	415	$	51,227	$	557	$	549

Nine Months Ended September 30,	2015						2014
(In thousands)	Average		Interest Income Recognized		Cash Basis Interest Recognized		Average		Interest Income Recognized		Cash Basis Interest Recognized
Real Estate
Real estate mortgage – construction and land development	$	10,382	$	265	$	258	$	14,735	$	279	$	275
Real estate mortgage – residential		10,199		364		352		11,137		412		393
Real estate mortgage – farmland and other commercial enterprises		22,931		780		771		29,141		839		816
Commercial
Commercial and industrial		563		11		11		290		6		5
Consumer
Secured								6		-		-
Unsecured		118		4		4		56		4		3
Total	$	44,193	$	1,424	$	1,396	$	55,365	$	1,540	$	1,492