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

9 Months Ended

Sep. 30, 2016

Notes Tables

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

(In thousands)	September 30, 2016		December 31, 2015
Real Estate
Real estate mortgage – construction and land development	$	114,454	$	115,516
Real estate mortgage – residential		341,160		355,134
Real estate mortgage – farmland and other commercial enterprises		393,973		386,386
Commercial
Commercial and industrial		47,706		48,379
States and political subdivisions		19,922		17,643
Other		23,666		23,798
Consumer
Secured		4,597		6,665
Unsecured		5,238		5,754
Total loans		950,716		959,275
Less unearned income		-		-
Total loans, net of unearned income	$	950,716	$	959,275

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

(In thousands)	Real Estate			Commercial			Consumer			Total
Three months ended September 30, 201 6
Balance, beginning of period	$	8,404		$	806		$	275		$	9,485
Provision for loan losses		(425	)		203			32			(190	)
Recoveries		31			52			9			92
Loans charged off		(88	)		(134	)		(19	)		(241	)
Balance, end of period	$	7,922		$	927		$	297		$	9,146
Nine months ended September 30, 201 6
Balance, beginning of period	$	9,173		$	820		$	322		$	10,315
Provision for loan losses		(1,025	)		193			13			(819	)
Recoveries		133			107			52			292
Loans charged off		(359	)		(193	)		(90	)		(642	)
Balance, end of period	$	7,922		$	927		$	297		$	9,146

(In thousands)	Real Estate			Commercial			Consumer			Total
Three months ended September 30, 201 5
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, 201 5
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

Impaired Financing Receivables [Table Text Block]

September 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	$	9,395	$	2,904	$	3,820	$	6,724	$	572
Real estate mortgage – residential		9,763		3,814		5,979		9,793		1,358
Real estate mortgage – farmland and other commercial enterprises		26,429		10,986		15,335		26,321		335
Commercial
Commercial and industrial		409		22		387		409		209
Consumer
Unsecured		147		-		148		148		147
Total	$	46,143	$	17,726	$	25,669	$	43,395	$	2,621

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 September 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	$	7,838	$	88	$	88	$	9,650	$	49	$	47
Real estate mortgage – residential		9,214		136		136		9,416		109		109
Real estate mortgage – farmland and other commercial enterprises		26,401		292		292		20,999		255		252
Commercial
Commercial and industrial		409		4		2		449		5		5
Consumer
Unsecured		150		2		2		161		2		2
Total	$	44,012	$	522	$	520	$	40,675	$	420	$	415

Nine Months Ended September 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	$	8,319	$	243	$	231	$	10,382	$	265	$	258
Real estate mortgage – residential		8,957		348		323		10,199		364		352
Real estate mortgage – farmland and other commercial enterprises		25,728		929		908		22,931		780		771
Commercial
Commercial and industrial		413		15		13		563		11		11
Consumer
Unsecured		152		5		4		118		4		4
Total	$	43,569	$	1,540	$	1,479	$	44,193	$	1,424	$	1,396

Loans and ALL Disaggregated Impairment Method [Table Text Block]

September 30, 2016 (In thousands)	Real Estate		Commercial		Consumer		Total
Allowance for Loan Losses
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	2,265	$	209	$	147	$	2,621
Collectively evaluated for impairment		5,657		718		150		6,525
Total ending allowance balance	$	7,922	$	927	$	297	$	9,146
Loans
Loans individually evaluated for impairment	$	42,838	$	409	$	148	$	43,395
Loans collectively evaluated for impairment		806,749		90,885		9,687		907,321
Total ending loan balance, net of unearned income	$	849,587	$	91,294	$	9,835	$	950,716

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]

September 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	$	902	$	3,648	$	-
Real estate mortgage – residential		2,037		4,034		-
Real estate mortgage – farmland and other commercial enterprises		3,810		14,882		-
Commercial
Commercial and industrial		16		379		-
Other		6		-		-
Consumer
Secured		8		-		-
Unsecured		-		136		-
Total	$	6,779	$	23,079	$	-

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
Nine Months Ended September 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]

September 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	$	114,227	$	114,454
Real estate mortgage – residential		1,158		848		2,006		339,154		341,160
Real estate mortgage – farmland and other commercial enterprises		-		2,500		2,500		391,473		393,973
Commercial
Commercial and industrial		7		16		23		47,683		47,706
States and political subdivisions		-		-		-		19,922		19,922
Other		16		-		16		23,650		23,666
Consumer
Secured		6		2		8		4,589		4,597
Unsecured		19		-		19		5,219		5,238
Total	$	1,206	$	3,593	$	4,799	$	945,917	$	950,716

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
September 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	$	106,172	$	314,282	$	356,497	$	46,298	$	19,922	$	23,660
Special Mention		1,349		12,985		19,634		816		-		-
Substandard		6,933		13,893		17,842		592		-		6
Doubtful		-		-		-		-		-		-
Total	$	114,454	$	341,160	$	393,973	$	47,706	$	19,922	$	23,666

	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]

	September 30, 2016				December 31, 2015
	Consumer				Consumer
(In thousands)	Secured		Unsecured		Secured		Unsecured
Credit risk profile based on payment activity
Performing	$	4,589	$	5,102	$	6,655	$	5,611
Nonperforming		8		136		10		143
Total	$	4,597	$	5,238	$	6,665	$	5,754