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

6 Months Ended

Jun. 30, 2016

Notes Tables

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

(In thousands)	June 30, 2016		December 31, 2015
Real Estate
Real estate mortgage – construction and land development	$	109,403	$	115,516
Real estate mortgage – residential		346,288		355,134
Real estate mortgage – farmland and other commercial enterprises		402,692		386,386
Commercial
Commercial and industrial		46,689		48,379
States and political subdivisions		20,215		17,643
Other		22,501		23,798
Consumer
Secured		4,557		6,665
Unsecured		5,081		5,754
Total loans		957,426		959,275
Less unearned income		-		-
Total loans, net of unearned income	$	957,426	$	959,275

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

(In thousands)	Real Estate			Commercial			Consumer			Total
Three months ended June 30, 201 6
Balance, beginning of period	$	8,709		$	839		$	280		$	9,828
Provision for loan losses		(147	)		(4	)		(5	)		(156	)
Recoveries		50			19			11			80
Loans charged off		(208	)		(48	)		(11	)		(267	)
Balance, end of period	$	8,404		$	806		$	275		$	9,485
Six months ended June 30, 201 6
Balance, beginning of period	$	9,173		$	820		$	322		$	10,315
Provision for loan losses		(600	)		(10	)		(19	)		(629	)
Recoveries		102			55			43			200
Loans charged off		(271	)		(59	)		(71	)		(401	)
Balance, end of period	$	8,404		$	806		$	275		$	9,485

(In thousands)	Real Estate			Commercial			Consumer			Total
Three months ended June 30, 201 5
Balance, beginning of period	$	11,522		$	866		$	218		$	12,606
Provision for loan losses		(576	)		189			123			(264	)
Recoveries		52			15			26			93
Loans charged off		(192	)		(13	)		(31	)		(236	)
Balance, end of period	$	10,806		$	1,057		$	336		$	12,199
Six months ended June 30, 201 5
Balance, beginning of period	$	12,542		$	1,153		$	273		$	13,968
Provision for loan losses		(1,787	)		(101	)		79			(1,809	)
Recoveries		338			31			63			432
Loans charged off		(287	)		(26	)		(79	)		(392	)
Balance, end of period	$	10,806		$	1,057		$	336		$	12,199

Impaired Financing Receivables [Table Text Block]

June 30, 2016 (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	$	9,602	$	3,090	$	3,849	$	6,939	$	598
Real estate mortgage – residential		9,032		3,347		5,716		9,063		1,500
Real estate mortgage – farmland and other commercial enterprises		26,838		10,879		15,855		26,734		454
Commercial
Commercial and industrial		411		22		389		411		211
Consumer
Unsecured		151		-		151		151		151
Total	$	46,034	$	17,338	$	25,960	$	43,298	$	2,914

December 31, 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	$	9,932	$	3,875	$	3,372	$	7,247	$	556
Real estate mortgage – residential		8,655		2,502		6,024		8,526		1,278
Real estate mortgage – farmland and other commercial enterprises		20,980		4,149		16,703		20,852		681
Commercial
Commercial and industrial		399		-		400		400		223
Consumer
Unsecured		156		-		157		157		156
Total	$	40,122	$	10,526	$	26,656	$	37,182	$	2,894

Three Months Ended June 30,	2016						2015
(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	$	8,832	$	108	$	96	$	10,388	$	135	$	131
Real estate mortgage – residential		8,619		109		88		10,739		134		122
Real estate mortgage – farmland and other commercial enterprises		26,985		368		353		22,426		245		242
Commercial
Commercial and industrial		410		7		7		805		5		5
Consumer
Unsecured		150		1		1		167		2		2
Total	$	44,996	$	593	$	545	$	44,525	$	521	$	502

Six Months Ended June 30,	2016						2015
(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	$	8,562	$	155	$	143	$	10,754	$	216	$	211
Real estate mortgage – residential		8,827		212		187		10,597		255		243
Real estate mortgage – farmland and other commercial enterprises		25,388		637		616		23,913		525		519
Commercial
Commercial and industrial		415		11		11		621		6		6
Consumer
Unsecured		153		3		2		96		2		2
Total	$	43,345	$	1,018	$	959	$	45,981	$	1,004	$	981

Loans and ALL Disaggregated Impairment Method [Table Text Block]

June 30, 2016 (In thousands)	Real Estate		Commercial		Consumer		Total
Allowance for Loan Losses
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	2,552	$	211	$	151	$	2,914
Collectively evaluated for impairment		5,852		595		124		6,571
Total ending allowance balance	$	8,404	$	806	$	275	$	9,485
Loans
Loans individually evaluated for impairment	$	42,736	$	411	$	151	$	43,298
Loans collectively evaluated for impairment		815,647		88,994		9,487		914,128
Total ending loan balance, net of unearned income	$	858,383	$	89,405	$	9,638	$	957,426

December 31, 2015 (In thousands)	Real Estate		Commercial		Consumer		Total
Allowance for Loan Losses
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	2,515	$	223	$	156	$	2,894
Collectively evaluated for impairment		6,658		597		166		7,421
Total ending allowance balance	$	9,173	$	820	$	322	$	10,315
Loans
Loans individually evaluated for impairment	$	36,625	$	400	$	157	$	37,182
Loans collectively evaluated for impairment		820,411		89,420		12,262		922,093
Total ending loan balance, net of unearned income	$	857,036	$	89,820	$	12,419	$	959,275

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

June 30, 2016 (In thousands)	Nonaccrual		Restructured Loans		Loans Past Due 90 Days or More and Still Accruing
Real Estate
Real estate mortgage – construction and land development	$	1,023	$	3,660	$	-
Real estate mortgage – residential		2,268		4,073		-
Real estate mortgage – farmland and other commercial enterprises		3,034		15,192		-
Commercial
Commercial and industrial		59		380		-
Other		6		-		-
Consumer
Secured		7		-		-
Unsecured		-		139		2
Total	$	6,397	$	23,444	$	2

December 31, 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	$	1,567	$	3,674	$	-
Real estate mortgage – residential		2,485		4,127		-
Real estate mortgage – farmland and other commercial enterprises		4,266		15,503		-
Commercial
Commercial and industrial		44		384		-
Other		8		-		-
Consumer
Secured		10		-		-
Unsecured		-		143		-
Total	$	8,380	$	23,831	$	-

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
Three Months Ended June 30, 201 5
Commercial:
Commercial and industrial		2	$	388	$	388
Consumer:
Secured		1		145		145
Total		3	$	533	$	533
Six Months Ended June 30, 201 5
Commercial:
Commercial and industrial		2	$	388	$	388
Consumer:
Secured		1		145		145
Total		3	$	533	$	533

Past Due Financing Receivables [Table Text Block]

June 30, 2016 (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	$	-	$	227	$	227	$	109,176	$	109,403
Real estate mortgage – residential		1,216		1,096		2,312		343,976		346,288
Real estate mortgage – farmland and other commercial enterprises		1,733		1,699		3,432		399,260		402,692
Commercial
Commercial and industrial		3		59		62		46,627		46,689
States and political subdivisions		-		-		-		20,215		20,215
Other		13		-		13		22,488		22,501
Consumer
Secured		27		-		27		4,530		4,557
Unsecured		1		2		3		5,078		5,081
Total	$	2,993	$	3,083	$	6,076	$	951,350	$	957,426

December 31, 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	$	-	$	227	$	227	$	115,289	$	115,516
Real estate mortgage – residential		421		1,448		1,869		353,265		355,134
Real estate mortgage – farmland and other commercial enterprises		42		2,376		2,418		383,968		386,386
Commercial
Commercial and industrial		42		43		85		48,294		48,379
States and political subdivisions		-		-		-		17,643		17,643
Other		62		-		62		23,736		23,798
Consumer
Secured		9		1		10		6,655		6,665
Unsecured		18		-		18		5,736		5,754
Total	$	594	$	4,095	$	4,689	$	954,586	$	959,275

Financing Receivable Credit Quality Indicators [Table Text Block]

	Real Estate						Commercial
June 30, 2016 (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		Other
Credit risk profile by internally assigned rating grades
Pass	$	100,635	$	317,175	$	364,031	$	45,326	$	20,215	$	22,501
Special Mention		1,431		15,238		20,545		865		-		-
Substandard		7,337		13,875		18,116		498		-		-
Doubtful		-		-		-		-		-		-
Total	$	109,403	$	346,288	$	402,692	$	46,689	$	20,215	$	22,501

	Real Estate						Commercial
December 31, 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		Other
Credit risk profile by internally assigned rating grades
Pass	$	104,383	$	324,333	$	343,894	$	46,934	$	17,643	$	23,777
Special Mention		1,651		16,225		22,859		937		-		-
Substandard		9,482		14,576		19,633		508		-		21
Doubtful		-		-		-		-		-		-
Total	$	115,516	$	355,134	$	386,386	$	48,379	$	17,643	$	23,798

Risk Category of Loans by Class-Consumer [Table Text Block]

	June 30, 2016				December 31, 2015
	Consumer				Consumer
(In thousands)	Secured		Unsecured		Secured		Unsecured
Credit risk profile based on payment activity
Performing	$	4,550	$	4,940	$	6,655	$	5,611
Nonperforming		7		141		10		143
Total	$	4,557	$	5,081	$	6,665	$	5,754