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Note 13 - Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2018
Notes Tables  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
          Fair Value Measurements Using  
(In thousands)
 
 
March 31, 2018
  Fair Value    
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
   
Significant Other
Observable Inputs
(Level 2)
   
Significant
Unobservable
Inputs
(Level 3)
 
                                 
Available For Sale Securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. government-sponsored entities
  $
41,956
    $
-
    $
41,956
    $
-
 
Obligations of states and political subdivisions
   
107,568
     
-
     
107,568
     
-
 
Mortgage-backed securities – residential
   
181,601
     
-
     
181,601
     
-
 
Mortgage-backed securities – commercial
   
47,874
     
-
     
47,874
     
-
 
Asset-backed securities
   
15,517
     
-
     
15,517
     
-
 
Corporate debt securities
   
7,772
     
-
     
7,772
     
-
 
Total available for sale securities
  $
402,288
    $
-
    $
402,288
    $
-
 
Equity Securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual funds and equity securities   $
1,575
    $
1,575
    $
-
    $
-
 
                                 
December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                 
Available For Sale Securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. government-sponsored entities
  $
43,208
    $
-
    $
43,208
    $
-
 
Obligations of states and political subdivisions
   
114,249
     
-
     
114,249
     
-
 
Mortgage-backed securities – residential
   
193,393
     
-
     
193,393
     
-
 
Mortgage-backed securities – commercial
   
49,352
     
-
     
49,352
     
-
 
Asset-backed securities
   
15,574
     
-
     
15,574
     
-
 
Corporate debt securities
   
7,542
     
-
     
7,542
     
-
 
Total available for sale securities
  $
423,318
    $
-
    $
423,318
    $
-
 
Equity Securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual funds and equity securities
  $
935
    $
935
    $
-
    $
-
 
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)
 
                                 
March
3
1
, 201
8
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Collateral-dependent
Impaired Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate mortgage – construction and land development
  $
1,271
    $
-
    $
-
    $
1,271
 
Real estate mortgage – residential
   
4,176
     
-
     
-
     
4,176
 
Total
  $
5,447
    $
-
    $
-
    $
5,447
 
                                 
OREO
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land development
  $
125
    $
-
    $
-
    $
125
 
Residential real estate
   
35
     
-
     
-
     
35
 
Total
  $
160
    $
-
    $
-
    $
160
 
           
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, 201
7
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Collateral-dependent
Impaired Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate mortgage – construction and land development
  $
1,553
    $
-
    $
-
    $
1,553
 
Real estate mortgage – residential
   
4,687
     
-
     
-
     
4,687
 
Real estate mortgage – farmland and other commercial enterprises
   
2,645
     
-
     
-
     
2,645
 
Total
  $
8,885
    $
-
    $
-
    $
8,885
 
                                 
OREO
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land development
  $
3,468
    $
-
    $
-
    $
3,468
 
Residential real estate
   
157
     
-
     
-
     
157
 
Farmland and other commercial enterprises
   
821
     
-
     
-
     
821
 
Total
  $
4,446
    $
-
    $
-
    $
4,446
 
Asset Impairment Charges on Assets Nonrecurring [Table Text Block]
(In thousands)
               
Three months ended March 31,
 
2018
   
2017
 
Net decrease in fair value:
               
Collateral-dependent impaired loans
  $
115
    $
65
 
OREO
   
33
     
110
 
Total
  $
148
    $
175
 
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]
(In thousands)
 
Fair Value
 
Valuation Technique
Unobservable Inputs
 
Range
   
Weighted Average
 
M
a
r
ch
3
1
, 201
8
 
 
 
 
     
 
 
 
 
 
 
 
 
Collateral-dependent impaired loans
  $
5,447
 
Discounted appraisals
Marketability discount
 
0%
-
73.6
%    
1.3
%
OREO
  $
160
 
Discounted appraisals
Marketability discount
 
0%
-
35.9
%    
10.8
%
December 31, 201
7
 
 
 
 
     
 
 
 
 
 
 
 
 
Collateral-dependent impaired loans
  $
8,885
 
Discounted appraisals
Marketability discount
 
0%
-
22.8
%    
3.1
%
OREO
  $
4,446
 
Discounted appraisals
Marketability discount
 
0%
-
71.7
%    
4.0
%
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)
 
March
3
1
, 201
8
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
  $
153,221
    $
153,221
    $
153,221
    $
-
    $
-
 
Held to maturity investment securities
   
3,350
     
3,424
     
-
     
3,424
     
-
 
Loans, net
   
1,025,721
     
1,007,469
     
-
     
-
     
1,007,469
 
Accrued interest receivable
   
4,572
     
4,572
     
-
     
4,572
     
-
 
Federal Home Loan Bank and Federal Reserve Bank Stock
   
12,996
     
12,996
     
-
     
-
     
12,996
 
                                         
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
   
1,394,091
     
1,393,901
     
1,181,392
     
-
     
212,509
 
Securities sold under agreements to repurchase
   
33,343
     
33,349
     
-
     
33,349
     
-
 
Federal Home Loan Bank advances
   
3,436
     
3,488
     
-
     
3,488
     
-
 
Subordinated notes payable to unconsolidated trusts
   
33,506
     
23,918
     
-
     
-
     
23,918
 
Accrued interest payable
   
265
     
265
     
-
     
265
     
-
 
                                         
December 31, 201
7
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
  $
120,408
    $
120,408
    $
120,408
    $
-
    $
-
 
Held to maturity investment securities
   
3,364
     
3,478
     
-
     
3,478
     
-
 
Loans, net
   
1,025,480
     
1,012,959
     
-
     
-
     
1,012,959
 
Accrued interest receivable
   
4,935
     
4,935
     
-
     
4,935
     
-
 
Federal Home Loan Bank and Federal Reserve Bank Stock
   
13,235
     
13,235
     
-
     
-
     
13,235
 
                                         
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
   
1,379,903
     
1,380,122
     
1,157,045
     
-
     
223,077
 
Securities sold under agreements to repurchase
   
34,252
     
34,257
     
-
     
34,257
     
-
 
Federal Home Loan Bank advances
   
3,479
     
3,546
     
-
     
3,546
     
-
 
Subordinated notes payable to unconsolidated trusts
   
33,506
     
22,709
     
-
     
-
     
22,709
 
Accrued interest payable
   
261
     
261
     
-
     
261
     
-