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Note 3 - Investment Securities (Tables)
6 Months Ended
Jun. 30, 2013
Investment Holdings [Abstract]  
Unrealized Gain (Loss) on Investments [Table Text Block]
   

Amortized

Cost

   

Gross

Unrealized

Gains

   

Gross

Unrealized

(Losses)

   

Fair

Value

 

June 30, 2013:

                               

Securities held to maturity:

                               

Municipal securities

  $ 104,551,749     $ 152,017     $ (5,853,172 )   $ 98,850,594  

Other securities

    650,000       -       -       650,000  
    $ 105,201,749     $ 152,017     $ (5,853,172 )   $ 99,500,594  
                                 

Securities available for sale:

                               

U.S. govt. sponsored agency securities

  $ 395,513,928     $ 238,359     $ (14,836,396 )   $ 380,915,891  

Residential mortgage-backed and related securities

    179,822,160       1,807,687       (3,084,293 )     178,545,554  

Municipal securities

    36,478,946       1,102,715       (752,811 )     36,828,850  

Trust preferred securities

    86,200       130,000       -       216,200  

Other securities

    1,362,730       396,393       (218 )     1,758,905  
    $ 613,263,964     $ 3,675,154     $ (18,673,718 )   $ 598,265,400  
                                 

December 31, 2012:

                               

Securities held to maturity:

                               

Municipal securities

  $ 71,429,385     $ 997,969     $ (71,648 )   $ 72,355,706  

Other securities

    650,000       -       -       650,000  
    $ 72,079,385     $ 997,969     $ (71,648 )   $ 73,005,706  
                                 

Securities available for sale:

                               

U.S. govt. sponsored agency securities

  $ 336,570,995     $ 2,198,655     $ (160,279 )   $ 338,609,371  

Residential mortgage-backed and related securities

    160,035,196       3,736,821       (170,914 )     163,601,103  

Municipal securities

    24,508,015       1,696,555       (18,834 )     26,185,736  

Trust preferred securities

    86,200       53,200       -       139,400  

Other securities

    1,347,113       300,732       (23,469 )     1,624,376  
    $ 522,547,519     $ 7,985,963     $ (373,496 )   $ 530,159,986  
Schedule of Unrealized Loss on Investments [Table Text Block]
   

Less than 12 Months

   

12 Months or More

   

Total

 
   

Fair

Value

   

Gross

Unrealized

Losses

   

Fair

Value

   

Gross

Unrealized

Losses

   

Fair

Value

   

Gross

Unrealized

Losses

 

June 30, 2013:

                                               

Securities held to maturity:

                                               

Municipal securities

  $ 88,263,477     $ (5,853,172 )   $ -     $ -     $ 88,263,477     $ (5,853,172 )
                                                 

Securities available for sale:

                                               

U.S. govt. sponsored agency securities

  $ 351,380,421     $ (14,836,396 )   $ -     $ -     $ 351,380,421     $ (14,836,396 )

Residential mortgage-backed and related securities

    102,856,893       (3,054,077 )     2,065,109       (30,216 )     104,922,002       (3,084,293 )

Municipal securities

    14,212,014       (752,811 )     -       -       14,212,014       (752,811 )

Other securities

    -       -       241,345       (218 )     241,345       (218 )
    $ 468,449,328     $ (18,643,284 )   $ 2,306,454     $ (30,434 )   $ 470,755,782     $ (18,673,718 )
                                                 

December 31, 2012:

                                               

Securities held to maturity:

                                               

Municipal securities

  $ 4,282,352     $ (71,648 )   $ -     $ -     $ 4,282,352     $ (71,648 )
                                                 

Securities available for sale:

                                               

U.S. govt. sponsored agency securities

  $ 55,621,718     $ (160,279 )   $ -     $ -     $ 55,621,718     $ (160,279 )

Residential mortgage-backed and related securities

    29,324,928       (170,914 )     -       -       29,324,928       (170,914 )

Municipal securities

    1,039,625       (18,834 )     -       -       1,039,625       (18,834 )

Other securities

    -       -       217,500       (23,469 )     217,500       (23,469 )
    $ 85,986,271     $ (350,027 )   $ 217,500     $ (23,469 )   $ 86,203,771     $ (373,496 )
Realized Gain (Loss) on Investments [Table Text Block]
   

Three Months Ended

   

Six Months Ended

 
   

June 30, 2013

   

June 30, 2012

   

June 30, 2013

   

June 30, 2012

 
                                 

Proceeds from sales of securities

  $ 6,167,531     $ 19,215,075     $ 6,167,531     $ 19,215,075  

Pre-tax gross gains from sales of securities

    16,460       104,600       16,460       104,600  
Investments Classified by Contractual Maturity Date [Table Text Block]
   

Amortized Cost

   

Fair Value

 

Securities held to maturity:

               

Due in one year or less

  $ 1,785,269     $ 1,784,577  

Due after one year through five years

    10,214,545       10,126,030  

Due after one year through five years

    93,201,935       87,589,987  
    $ 105,201,749     $ 99,500,594  
                 

Securities available for sale:

               

Due in one year or less

  $ 5,334,543     $ 5,329,272  

Due after one year through five years

    33,501,636       33,339,485  

Due after five years

    393,242,895       379,292,184  
    $ 432,079,074     $ 417,960,941  

Residential mortgage-backed and related securities

    179,822,160       178,545,554  

Other securities

    1,362,730       1,758,905  
    $ 613,263,964     $ 598,265,400  
   

Amortized Cost

   

Fair Value

 

Securities held to maturity:

               

Municipal securities

  $ 69,862,451     $ 65,051,896  
                 

Securities available for sale:

               

U.S. govt. sponsored agency securities

    355,831,837       342,070,506  

Municipal securities

    22,786,922       22,750,101  
    $ 378,618,759     $ 364,820,607