Note 3 - Loans/Leases Receivable (Tables)

3 Months Ended

Mar. 31, 2015

Receivables [Abstract]

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

	As of March 31,			As of December 31,
	2015			2014
Commercial and industrial loans	$	534,885,417		$	523,927,140
Commercial real estate loans
Owner-occupied commercial real estate		263,646,328			260,069,080
Commercial construction, land development, and other land		60,040,330			68,118,989
Other non owner-occupied commercial real estate		385,995,048			373,952,353
		709,681,706			702,140,422
Direct financing leases *		167,244,011			166,032,416
Residential real estate loans **		163,739,861			158,632,492
Installment and other consumer loans		71,902,576			72,606,480
		1,647,453,571			1,623,338,950
Plus deferred loan/lease origination costs, net of fees		6,997,665			6,664,120
		1,654,451,236			1,630,003,070
Less allowance for estimated losses on loans/leases		(23,883,273	)		(23,074,365	)
	$	1,630,567,963		$	1,606,928,705
* Direct financing leases:
Net minimum lease payments to be received	$	189,170,774		$	188,181,432
Estimated unguaranteed residual values of leased assets		1,481,232			1,488,342
Unearned lease/residual income		(23,407,995	)		(23,637,358	)
		167,244,011			166,032,416
Plus deferred lease origination costs, net of fees		6,654,946			6,639,244
		173,898,957			172,671,660
Less allowance for estimated losses on leases		(3,310,973	)		(3,442,915	)
	$	170,587,984		$	169,228,745

Past Due Financing Receivables [Table Text Block]

	As of March 31, 2015
Classes of Loans/Leases	Current			30-59 Days Past Due			60-89 Days Past Due			Accruing Past Due 90 Days or More			Nonaccrual Loans/Leases			Total
Commercial and Industrial	$	528,547,287		$	319,076		$	27,433		$	149,600		$	5,842,021		$	534,885,417
Commercial Real Estate
Owner-Occupied Commercial Real Estate		262,328,777			713,875			-			-			603,676			263,646,328
Commercial Construction, Land Development, and Other Land		59,785,010			-			-			-			255,320			60,040,330
Other Non Owner-Occupied Commercial Real Estate		380,729,492			24,079			-			491,558			4,749,919			385,995,048
Direct Financing Leases		164,964,821			1,172,622			206,922			-			899,646			167,244,011
Residential Real Estate		160,310,125			2,069,137			-			-			1,360,599			163,739,861
Installment and Other Consumer		70,778,133			241,933			38,267			26,759			817,484			71,902,576
	$	1,627,443,645		$	4,540,722		$	272,622		$	667,917		$	14,528,665		$	1,647,453,571
As a percentage of total loan/lease portfolio		98.78	%		0.28	%		0.02	%		0.04	%		0.88	%		100.00	%

	As of December 31, 2014
Classes of Loans/Leases	Current			30-59 Days Past Due			60-89 Days Past Due			Accruing Past Due 90 Days or More			Nonaccrual Loans/Leases			Total
Commercial and Industrial	$	515,616,752		$	323,145		$	-		$	822		$	7,986,421		$	523,927,140
Commercial Real Estate
Owner-Occupied Commercial Real Estate		259,166,743			239,771			-			-			662,566			260,069,080
Commercial Construction, Land Development, and Other Land		67,021,157			729,983			111,837			-			256,012			68,118,989
Other Non Owner-Occupied Commercial Real Estate		360,970,551			3,448,902			2,840,862			60,000			6,632,038			373,952,353
Direct Financing Leases		164,059,914			573,575			293,212			-			1,105,715			166,032,416
Residential Real Estate		154,303,644			2,528,287			475,343			25,673			1,299,545			158,632,492
Installment and Other Consumer		71,534,329			172,872			246,882			6,916			645,481			72,606,480
	$	1,592,673,090		$	8,016,535		$	3,968,136		$	93,411		$	18,587,778		$	1,623,338,950
As a percentage of total loan/lease portfolio		98.11	%		0.49	%		0.24	%		0.01	%		1.15	%		100.00	%

Schedule of Nonperforming Loans Leases [Table Text Block]

	As of March 31, 2015
Classes of Loans/Leases	Accruing Past Due 90 Days or More		Nonaccrual Loans/Leases *		Troubled Debt Restructurings - Accruing		Total Nonperforming Loans/Leases		Percentage of Total Nonperforming Loans/Leases
Commercial and Industrial	$	149,600	$	5,842,021	$	175,966	$	6,167,587		37.28	%
Commercial Real Estate
Owner-Occupied Commercial Real Estate		-		603,676		-		603,676		3.65	%
Commercial Construction, Land Development, and Other Land		-		255,320		-		255,320		1.54	%
Other Non Owner-Occupied Commercial Real Estate		491,558		4,749,919		-		5,241,477		31.68	%
Direct Financing Leases		-		899,646		223,552		1,123,198		6.79	%
Residential Real Estate		-		1,360,599		485,968		1,846,567		11.16	%
Installment and Other Consumer		26,759		817,484		462,146		1,306,389		7.90	%
	$	667,917	$	14,528,665	$	1,347,632	$	16,544,214		100.00	%

	As of December 31, 2014
Classes of Loans/Leases	Accruing Past Due 90 Days or More		Nonaccrual Loans/Leases **		Troubled Debt Restructurings - Accruing		Total Nonperforming Loans/Leases		Percentage of Total Nonperforming Loans/Leases
Commercial and Industrial	$	822	$	7,986,421	$	235,926	$	8,223,169		40.91	%
Commercial Real Estate							$	-
Owner-Occupied Commercial Real Estate		-		662,566		-	$	662,566		3.30	%
Commercial Construction, Land Development, and Other Land		-		256,012		-	$	256,012		1.27	%
Other Non Owner-Occupied Commercial Real Estate		60,000		6,632,038		-	$	6,692,038		33.29	%
Direct Financing Leases		-		1,105,715		233,557	$	1,339,272		6.66	%
Residential Real Estate		25,673		1,299,545		489,183	$	1,814,401		9.02	%
Installment and Other Consumer		6,916		645,481		462,552	$	1,114,949		5.55	%
	$	93,411	$	18,587,778	$	1,421,218	$	20,102,407		100.00	%

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

	Three Months Ended March 31, 2015
	Commercial and Industrial			Commercial Real Estate			Direct Financing Leases			Residential Real Estate		Installment and Other Consumer			Total
Balance, beginning	$	8,750,317		$	8,353,386		$	3,442,915		$	1,525,952	$	1,001,795		$	23,074,365
Provisions (credits) charged to expense		388,641			835,894			403,452			71,802		10,667			1,710,456
Loans/leases charged off		(200,301	)		(351,076	)		(547,492	)		-		(8,794	)		(1,107,663	)
Recoveries on loans/leases previously charged off		154,992			-			12,098			-		39,025			206,115
Balance, ending	$	9,093,649		$	8,838,204		$	3,310,973		$	1,597,754	$	1,042,693		$	23,883,273

	Three Months Ended March 31, 2014
	Commercial and Industrial			Commercial Real Estate			Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Balance, beginning	$	5,648,774		$	10,705,434		$	2,517,217		$	1,395,849		$	1,180,774		$	21,448,048
Provisions (credits) charged to expense		976,790			(229,985	)		352,647			(4,355	)		(935	)		1,094,162
Loans/leases charged off		(4,023	)		(4,098	)		(65,733	)		(2,712	)		(2,755	)		(79,321	)
Recoveries on loans/leases previously charged off		26,117			116,306			16,108			103			31,747			190,381
Balance, ending	$	6,647,658		$	10,587,657		$	2,820,239		$	1,388,885		$	1,208,831		$	22,653,270

	As of March 31, 2015
	Commercial and Industrial			Commercial Real Estate			Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Allowance for impaired loans/leases	$	2,513,023		$	828,837		$	283,485		$	180,160		$	267,430		$	4,072,935
Allowance for nonimpaired loans/leases		6,580,626			8,009,367			3,027,488			1,417,594			775,263			19,810,338
	$	9,093,649		$	8,838,204		$	3,310,973		$	1,597,754		$	1,042,693		$	23,883,273
Impaired loans/leases	$	5,301,166		$	5,495,701		$	1,123,198		$	1,846,567		$	1,337,145		$	15,103,777
Nonimpaired loans/leases		529,584,251			704,186,005			166,120,813			161,893,294			70,565,431			1,632,349,794
	$	534,885,417		$	709,681,706		$	167,244,011		$	163,739,861		$	71,902,576		$	1,647,453,571
Allowance as a percentage of impaired loans/leases		47.41	%		15.08	%		25.24	%		9.76	%		20.00	%		26.97	%
Allowance as a percentage of nonimpaired loans/leases		1.24	%		1.14	%		1.82	%		0.88	%		1.10	%		1.21	%
		1.70	%		1.25	%		1.98	%		0.98	%		1.45	%		1.45	%

	As of December 31, 2014
	Commercial and Industrial			Commercial Real Estate			Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Allowance for impaired loans/leases	$	3,300,199		$	1,170,020		$	356,996		$	151,663		$	265,795		$	5,244,673
Allowance for nonimpaired loans/leases		5,450,118			7,183,366			3,085,919			1,374,289			736,000			17,829,692
	$	8,750,317		$	8,353,386		$	3,442,915		$	1,525,952		$	1,001,795		$	23,074,365
Impaired loans/leases	$	7,279,709		$	7,433,383		$	1,339,272		$	1,788,729		$	1,165,548		$	19,006,641
Nonimpaired loans/leases		516,647,431			694,707,039			164,693,144			156,843,763			71,440,932			1,604,332,309
	$	523,927,140		$	702,140,422		$	166,032,416		$	158,632,492		$	72,606,480		$	1,623,338,950
Allowance as a percentage of impaired loans/leases		45.33	%		15.74	%		26.66	%		8.48	%		22.80	%		27.59	%
Allowance as a percentage of nonimpaired loans/leases		1.05	%		1.03	%		1.87	%		0.88	%		1.03	%		1.11	%
		1.67	%		1.19	%		2.07	%		0.96	%		1.38	%		1.42	%

Impaired Financing Receivables [Table Text Block]

Classes of Loans/Leases	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized		Interest Income Recognized for Cash Payments Received
Impaired Loans/Leases with No Specific Allowance Recorded:
Commercial and Industrial	$	331,612	$	425,636	$	-	$	1,352,320	$	1,849	$	1,849
Commercial Real Estate
Owner-Occupied Commercial Real Estate		173,131		269,354		-		189,621		-		-
Commercial Construction, Land Development, and Other Land		171,186		511,204		-		171,186		-		-
Other Non Owner-Occupied Commercial Real Estate		290,577		1,528,456		-		1,102,174		-		-
Direct Financing Leases		665,735		665,735		-		1,009,487		4,109		4,109
Residential Real Estate		981,608		1,017,186		-		1,089,298		483		483
Installment and Other Consumer		726,050		726,050		-		698,685		-		-
	$	3,339,899	$	5,143,621	$	-	$	5,612,771	$	6,441	$	6,441
Impaired Loans/Leases with Specific Allowance Recorded:
Commercial and Industrial	$	4,969,554	$	4,973,392	$	2,513,023	$	4,938,115	$	-	$	-
Commercial Real Estate
Owner-Occupied Commercial Real Estate		454,980		454,980		15,154		468,590		-		-
Commercial Construction, Land Development, and Other Land		197,225		209,225		46,570		197,526		-		-
Other Non Owner-Occupied Commercial Real Estate		4,208,602		4,655,235		767,113		4,335,446		-		-
Direct Financing Leases		457,463		457,463		283,485		380,548		-		-
Residential Real Estate		864,957		864,957		180,160		728,349		2,830		2,830
Installment and Other Consumer		611,096		611,096		267,430		552,663		2,260		2,260
	$	11,763,877	$	12,226,348	$	4,072,935	$	11,601,237	$	5,090	$	5,090
Total Impaired Loans/Leases:
Commercial and Industrial	$	5,301,166	$	5,399,028	$	2,513,023	$	6,290,435	$	1,849	$	1,849
Commercial Real Estate
Owner-Occupied Commercial Real Estate		628,111		724,334		15,154		658,211		-		-
Commercial Construction, Land Development, and Other Land		368,411		720,429		46,570		368,712		-		-
Other Non Owner-Occupied Commercial Real Estate		4,499,179		6,183,691		767,113		5,437,620		-		-
Direct Financing Leases		1,123,198		1,123,198		283,485		1,390,035		4,109		4,109
Residential Real Estate		1,846,565		1,882,143		180,160		1,817,647		3,313		3,313
Installment and Other Consumer		1,337,146		1,337,146		267,430		1,251,348		2,260		2,260
	$	15,103,776	$	17,369,969	$	4,072,935	$	17,214,008	$	11,531	$	11,531

Classes of Loans/Leases	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized		Interest Income Recognized for Cash Payments Received
Impaired Loans/Leases with No Specific Allowance Recorded:
Commercial and Industrial	$	441,945	$	517,833	$	-	$	482,151	$	1,888	$	1,888
Commercial Real Estate
Owner-Occupied Commercial Real Estate		389,876		389,876		-		436,412		-		-
Commercial Construction, Land Development, and Other Land		2,124,350		2,247,550		-		2,127,392		-		-
Other Non Owner-Occupied Commercial Real Estate		1,983,846		1,983,846		-		2,376,752		13,283		13,283
Direct Financing Leases		619,800		619,800		-		586,567		-		-
Residential Real Estate		977,436		977,436		-		1,222,955		1,455		1,455
Installment and Other Consumer		833,338		833,338		-		897,665		890		890
	$	7,370,591	$	7,569,679	$	-	$	8,129,894	$	17,516	$	17,516
Impaired Loans/Leases with Specific Allowance Recorded:
Commercial and Industrial	$	958,813	$	1,449,488	$	732,427	$	910,410	$	-	$	-
Commercial Real Estate
Owner-Occupied Commercial Real Estate		224,892		224,892		117,555		112,438		-		-
Commercial Construction, Land Development, and Other Land		685,292		796,492		477,293		685,834		-		-
Other Non Owner-Occupied Commercial Real Estate		6,668,048		7,373,330		2,117,624		6,682,038		-		-
Direct Financing Leases		700,842		700,842		298,303		467,524		-		-
Residential Real Estate		866,172		866,172		224,972		793,141		774		774
Installment and Other Consumer		396,897		396,897		396,897		397,897		-		-
	$	10,500,956	$	11,808,113	$	4,365,071	$	10,049,282	$	774	$	774
Total Impaired Loans/Leases:
Commercial and Industrial	$	1,400,758	$	1,967,321	$	732,427	$	1,392,561	$	1,888	$	1,888
Commercial Real Estate
Owner-Occupied Commercial Real Estate		614,768		614,768		117,555		548,850		-		-
Commercial Construction, Land Development, and Other Land		2,809,642		3,044,042		477,293		2,813,226		-		-
Other Non Owner-Occupied Commercial Real Estate		8,651,894		9,357,176		2,117,624		9,058,790		13,283		13,283
Direct Financing Leases		1,320,642		1,320,642		298,303		1,054,091		-		-
Residential Real Estate		1,843,608		1,843,608		224,972		2,016,096		2,229		2,229
Installment and Other Consumer		1,230,235		1,230,235		396,897		1,295,562		890		890
	$	17,871,547	$	19,377,792	$	4,365,071	$	18,179,176	$	18,290	$	18,290

Information for Impaired Loans Leases [Table Text Block]

Classes of Loans/Leases	Recorded Investment		Unpaid Principal Balance		Related Allowance
Impaired Loans/Leases with No Specific Allowance Recorded:
Commercial and Industrial	$	246,308	$	342,391	$	-
Commercial Real Estate
Owner-Occupied Commercial Real Estate		67,415		163,638		-
Commercial Construction, Land Development, and Other Land		31,936		143,136		-
Other Non Owner-Occupied Commercial Real Estate		491,717		491,717		-
Direct Financing Leases		561,414		561,414		-
Residential Real Estate		1,060,770		1,060,770		-
Installment and Other Consumer		671,319		671,319		-
	$	3,130,879	$	3,434,385	$	-
Impaired Loans/Leases with Specific Allowance Recorded:
Commercial and Industrial	$	7,033,401	$	8,190,495	$	3,300,199
Commercial Real Estate
Owner-Occupied Commercial Real Estate		620,896		620,896		4,462
Commercial Construction, Land Development, and Other Land		337,076		577,894		12,087
Other Non Owner-Occupied Commercial Real Estate		5,884,343		6,583,934		1,153,471
Direct Financing Leases		777,858		777,858		356,996
Residential Real Estate		727,959		763,537		151,663
Installment and Other Consumer		494,229		494,229		265,795
	$	15,875,762	$	18,008,843	$	5,244,673
Total Impaired Loans/Leases:
Commercial and Industrial	$	7,279,709	$	8,532,886	$	3,300,199
Commercial Real Estate
Owner-Occupied Commercial Real Estate		688,311		784,534		4,462
Commercial Construction, Land Development, and Other Land		369,012		721,030		12,087
Other Non Owner-Occupied Commercial Real Estate		6,376,060		7,075,651		1,153,471
Direct Financing Leases		1,339,272		1,339,272		356,996
Residential Real Estate		1,788,729		1,824,307		151,663
Installment and Other Consumer		1,165,548		1,165,548		265,795
	$	19,006,641	$	21,443,228	$	5,244,673

Financing Receivable Credit Quality Indicators [Table Text Block]

	As of March 31, 2015
			Commercial Real Estate
					Non Owner-Occupied
Internally Assigned Risk Rating	Commercial and Industrial		Owner-Occupied Commercial Real Estate		Commercial Construction, Land Development, and Other Land		Other Commercial Real Estate		Total
Pass (Ratings 1 through 5)	$	498,723,676	$	249,094,668	$	57,664,537	$	368,990,982	$	1,174,473,863
Special Mention (Rating 6)		21,123,731		12,312,076		70,511		6,064,699		39,571,017
Substandard (Rating 7)		15,038,010		2,239,584		2,305,282		10,939,367		30,522,243
Doubtful (Rating 8)		-		-		-		-		-
	$	534,885,417	$	263,646,328	$	60,040,330	$	385,995,048	$	1,244,567,123

	As of December 31, 2014
			Commercial Real Estate
					Non Owner-Occupied
Internally Assigned Risk Rating	Commercial and Industrial		Owner-Occupied Commercial Real Estate		Commercial Construction, Land Development, and Other Land		Other Commercial Real Estate		Total
Pass (Ratings 1 through 5)	$	491,883,568	$	245,237,462	$	65,691,737	$	354,581,419	$	1,157,394,186
Special Mention (Rating 6)		17,034,909		12,637,930		-		3,285,191		32,958,030
Substandard (Rating 7)		15,008,663		2,193,688		2,427,252		16,085,743		35,715,346
Doubtful (Rating 8)		-		-		-		-		-
	$	523,927,140	$	260,069,080	$	68,118,989	$	373,952,353	$	1,226,067,562

Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block]

	As of March 31, 2015
Delinquency Status *	Direct Financing Leases		Residential Real Estate		Installment and Other Consumer		Total
Performing	$	166,120,813	$	161,893,294	$	70,596,187	$	398,610,294
Nonperforming		1,123,198		1,846,567		1,306,389		4,276,154
	$	167,244,011	$	163,739,861	$	71,902,576	$	402,886,448

	As of December 31, 2014
Delinquency Status *	Direct Financing Leases		Residential Real Estate		Installment and Other Consumer		Total
Performing	$	164,693,144	$	156,818,091	$	71,491,531	$	393,002,766
Nonperforming		1,339,272		1,814,401		1,114,949		4,268,622
	$	166,032,416	$	158,632,492	$	72,606,480	$	397,271,388

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	For the three months ended March 31, 2015								For the three months ended March 31, 2014
Classes of Loans/Leases	Number of Loans / Leases		Pre-Modification Recorded Investment		Post-Modification Recorded Investment		Specific Allowance		Number of Loans / Leases		Pre-Modification Recorded Investment		Post-Modification Recorded Investment		Specific Allowance
CONCESSION - Significant payment delay
Direct Financing Leases		-	$	-	$	-	$	-		1	$	89,443	$	89,443	$	-
		-	$	-	$	-	$	-		1	$	89,443	$	89,443	$	-
CONCESSION - Extension of Maturity
Direct Financing Leases		-	$	-	$	-	$	-		1	$	70,144	$	70,144	$	24,246
		-	$	-	$	-	$	-		1	$	70,144	$	70,144	$	24,246
TOTAL		-	$	-	$	-		-		2	$	159,587	$	159,587		24,246