XML 33 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 3 - Loans/Leases Receivable (Details) - Aging of the Loan/Lease Portfolio (USD $)
Sep. 30, 2014
Dec. 31, 2013
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Current $ 1,536,535,721 $ 1,430,204,215
30-59 Days Past Due 2,448,884 5,430,932
60-89 Days Past Due 1,287,914 2,135,415
Accruing Past Due 90 Days or More 55,406 84,174
Nonacrrual Loans/Loans 26,337,439 17,877,897
Total 1,566,665,364 1,455,732,633
Current as a percentage of total loan/lease portfolio 98.08% 98.25%
30-59 Days Past Due as a percentage of total loan/lease portfolio 0.16% 0.37%
60-89 Days Past Due as a percentage of total loan/lease portfolio 0.08% 0.15%
Accruing Past Due 90 Days or More as a percentage of total loan/lease portfolio 0.00% 0.01%
Nonacrrual Loans/Loans as a percentage of total loan/lease portfolio 1.68% 1.23%
Total as a percentage of total loan/lease portfolio 100.00% 100.00%
Commercial and Industrial [Member]
   
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Current 470,898,126 429,557,699
30-59 Days Past Due 638,002 199,949
60-89 Days Past Due 284,380 185,500
Nonacrrual Loans/Loans 7,926,551 [1] 1,744,981 [2]
Total 479,747,059 431,688,129
Total as a percentage of total loan/lease portfolio 32.83% 12.81%
Owner-Occupied Commercial Real Estate [Member]
   
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Current 249,903,102 258,557,660
30-59 Days Past Due   465,418
60-89 Days Past Due   993,163
Accruing Past Due 90 Days or More   60,286
Nonacrrual Loans/Loans 1,173,258 [1] 1,139,385 [2]
Total 251,076,360 261,215,912
Total as a percentage of total loan/lease portfolio 4.11% 5.86%
Commercial Construction, Land Development, and Other Land [Member]
   
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Current 68,732,309 56,301,186
30-59 Days Past Due 510,364 358,626
Nonacrrual Loans/Loans 613,351 [1] 1,185,090 [2]
Total 69,856,024 57,844,902
Total as a percentage of total loan/lease portfolio 2.15% 5.79%
Other Commercial Real Estate [Member]
   
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Current 363,737,989 341,743,730
30-59 Days Past Due 266,956 476,877
60-89 Days Past Due 25,543 151,017
Nonacrrual Loans/Loans 12,765,161 10,320,491
Total 376,795,649 352,692,115
Finance Leases Portfolio Segment [Member]
   
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Current 159,714,653 126,878,515
30-59 Days Past Due 699,590 714,464
60-89 Days Past Due 392,119 414,005
Nonacrrual Loans/Loans 1,669,717 [1] 894,458 [2]
Total 162,476,079 [3] 128,901,442 [3]
Total as a percentage of total loan/lease portfolio 5.85% 4.37%
Residential Portfolio Segment [Member]
   
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Current 153,145,275 142,353,936
30-59 Days Past Due 49,543 3,088,516
60-89 Days Past Due 382,281 275,262
Accruing Past Due 90 Days or More 51,094 20,126
Nonacrrual Loans/Loans 1,325,827 [1] 1,618,483 [2]
Total 154,954,020 [4] 147,356,323 [4]
Total as a percentage of total loan/lease portfolio 6.00% 9.82%
Consumer Portfolio Segment [Member]
   
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Current 70,404,267 74,811,489
30-59 Days Past Due 284,429 127,082
60-89 Days Past Due 203,591 116,468
Accruing Past Due 90 Days or More 4,312 3,762
Nonacrrual Loans/Loans 863,574 [1] 975,009 [2]
Total $ 71,760,173 $ 76,033,810
Total as a percentage of total loan/lease portfolio 4.29% 6.57%
[1] Nonaccrual loans/leases includes $9,620,674 of troubled debt restructurings, including $81,043 in commercial and industrial loans, $8,768,590 in commercial real estate loans, $64,144 in direct financing leases, $515,827 in residential real estate loans, and $191,070 in installment loans.
[2] Nonaccrual loans/leases includes $10,890,785 of troubled debt restructurings, including $77,072 in commercial and industrial loans, $10,077,501 in commercial real estate loans, $446,996 in residential real estate loans, and $289,216 in installment loans.
[3] Management performs an evaluation of the estimated unguaranteed residual values of leased assets on an annual basis, at a minimum. The evaluation consists of discussions with reputable and current vendors and management's expertise and understanding of the current states of particular industries to determine informal valuations of the equipment. As necessary and where available, management will utilize valuations by independent appraisers. The large majority of leases with residual values contain a lease options rider which requires the lessee to pay the residual value directly, finance the payment of the residual value, or extend the lease term to pay the residual value. In these cases, the residual value is protected and the risk of loss is minimal. There were no losses related to residual values for the three and nine months ended September 30, 2014 and 2013.
[4] Includes residential real estate loans held for sale totaling $1,642,300 and $1,358,290 as of September 30, 2014, and December 31, 2013, respectively.