Note 3 - Loans/Leases Receivable (Tables)

6 Months Ended

Jun. 30, 2015

Receivables [Abstract]

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

	As of June 30,			As of December 31,
	2015			2014
Commercial and industrial loans	$	606,825,793		$	523,927,140
Commercial real estate loans
Owner-occupied commercial real estate		256,919,047			260,069,080
Commercial construction, land development, and other land		44,706,637			68,118,989
Other non owner-occupied commercial real estate		394,496,695			373,952,353
		696,122,379			702,140,422
Direct financing leases *		170,798,682			166,032,416
Residential real estate loans **		161,985,249			158,632,492
Installment and other consumer loans		72,447,887			72,606,480
		1,708,179,990			1,623,338,950
Plus deferred loan/lease origination costs, net of fees		7,204,208			6,664,120
		1,715,384,198			1,630,003,070
Less allowance for estimated losses on loans/leases		(26,146,000	)		(23,074,365	)
	$	1,689,238,198		$	1,606,928,705
* Direct financing leases:
Net minimum lease payments to be received	$	192,953,276		$	188,181,432
Estimated unguaranteed residual values of leased assets		1,314,459			1,488,342
Unearned lease/residual income		(23,469,053	)		(23,637,358	)
		170,798,682			166,032,416
Plus deferred lease origination costs, net of fees		6,738,128			6,639,244
		177,536,810			172,671,660
Less allowance for estimated losses on leases		(3,352,303	)		(3,442,915	)
	$	174,184,507		$	169,228,745

Past Due Financing Receivables [Table Text Block]

	As of June 30, 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	$	599,328,696		$	1,719,643		$	85,926		$	15,775		$	5,675,753		$	606,825,793
Commercial Real Estate
Owner-Occupied Commercial Real Estate		256,089,271			117,244			263,007			-			449,525			256,919,047
Commercial Construction, Land Development, and Other Land		43,480,693			-			912,686			-			313,258			44,706,637
Other Non Owner-Occupied Commercial Real Estate		390,294,885			222,062			-			-			3,979,748			394,496,695
Direct Financing Leases		168,508,788			1,057,914			300,368			-			931,612			170,798,682
Residential Real Estate		160,158,002			47,053			359,936			-			1,420,258			161,985,249
Installment and Other Consumer		71,263,200			368,129			14,634			29,708			772,216			72,447,887
	$	1,689,123,535		$	3,532,045		$	1,936,557		$	45,483		$	13,542,370		$	1,708,179,990
As a percentage of total loan/lease portfolio		98.89	%		0.21	%		0.11	%		0.00	%		0.79	%		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 June 30, 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	$	15,775	$	5,675,753	$	175,024	$	5,866,552		39.49	%
Commercial Real Estate
Owner-Occupied Commercial Real Estate		-		449,525		-		449,525		3.03	%
Commercial Construction, Land Development, and Other Land		-		313,258		-		313,258		2.11	%
Other Non Owner-Occupied Commercial Real Estate		-		3,979,748		-		3,979,748		26.79	%
Direct Financing Leases		-		931,612		219,381		1,150,993		7.75	%
Residential Real Estate		-		1,420,258		410,484		1,830,742		12.32	%
Installment and Other Consumer		29,708		772,216		461,176		1,263,100		8.50	%
	$	45,483	$	13,542,370	$	1,266,065	$	14,853,918		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 June 30, 2015
	Commercial and Industrial			Commercial Real Estate		Direct Financing Leases			Residential Real Estate		Installment and Other Consumer			Total
Balance, beginning	$	9,093,650		$	8,838,204	$	3,310,973		$	1,597,754	$	1,042,693		$	23,883,274
Provisions charged to expense		604,731			1,081,753		473,982			122,381		65,818			2,348,665
Loans/leases charged off		(45,337	)		-		(465,098	)		-		(25,255	)		(535,690	)
Recoveries on loans/leases previously charged off		367,822			9,699		32,446			-		39,784			449,751
Balance, ending	$	10,020,866		$	9,929,656	$	3,352,303		$	1,720,135	$	1,123,040		$	26,146,000

	Three Months Ended June 30, 2014
	Commercial and Industrial			Commercial Real Estate			Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Balance, beginning	$	6,647,658		$	10,587,657		$	2,820,239		$	1,388,885		$	1,208,831		$	22,653,270
Provisions (credits) charged to expense		101,718			(33,506	)		566,374			101,030			266,263			1,001,879
Loans/leases charged off		(222,057	)		(311,453	)		(78,755	)		(50,730	)		(12,982	)		(675,977	)
Recoveries on loans/leases previously charged off		22,059			34,994			11,273			-			19,526			87,852
Balance, ending	$	6,549,378		$	10,277,692		$	3,319,131		$	1,439,185		$	1,481,638		$	23,067,024

	Six Months Ended June 30, 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 charged to expense		993,372			1,917,647			877,434			194,183		76,485			4,059,121
Loans/leases charged off		(245,638	)		(351,076	)		(1,012,590	)		-		(34,049	)		(1,643,353	)
Recoveries on loans/leases previously charged off		522,815			9,699			44,544			-		78,809			655,867
Balance, ending	$	10,020,866		$	9,929,656		$	3,352,303		$	1,720,135	$	1,123,040		$	26,146,000

	Six Months Ended June 30, 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		1,078,508			(263,491	)		919,021			96,675			265,328			2,096,041
Loans/leases charged off		(226,080	)		(315,551	)		(144,488	)		(53,442	)		(15,737	)		(755,298	)
Recoveries on loans/leases previously charged off		48,176			151,300			27,381			103			51,273			278,233
Balance, ending	$	6,549,378		$	10,277,692		$	3,319,131		$	1,439,185		$	1,481,638		$	23,067,024

	As of June 30, 2015
	Commercial and Industrial			Commercial Real Estate			Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Allowance for impaired loans/leases	$	2,720,597		$	1,688,756		$	297,033		$	208,069		$	301,077		$	5,215,532
Allowance for nonimpaired loans/leases		7,300,269			8,240,900			3,055,270			1,512,066			821,963			20,930,468
	$	10,020,866		$	9,929,656		$	3,352,303		$	1,720,135		$	1,123,040		$	26,146,000
Impaired loans/leases	$	5,165,042		$	4,593,306		$	1,150,993		$	1,830,741		$	1,290,907		$	14,030,989
Nonimpaired loans/leases		601,660,751			691,529,073			169,647,689			160,154,508			71,156,980			1,694,149,001
	$	606,825,793		$	696,122,379		$	170,798,682		$	161,985,249		$	72,447,887		$	1,708,179,990
Allowance as a percentage of impaired loans/leases		52.67	%		36.77	%		25.81	%		11.37	%		23.32	%		37.17	%
Allowance as a percentage of nonimpaired loans/leases		1.21	%		1.19	%		1.80	%		0.94	%		1.16	%		1.24	%
		1.65	%		1.43	%		1.96	%		1.06	%		1.55	%		1.52	%

	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	$	308,762	$	359,552	$	-	$	466,013	$	3,709	$	3,709
Commercial Real Estate
Owner-Occupied Commercial Real Estate		472,637		568,688		-		585,796		-		-
Commercial Construction, Land Development, and Other Land		216,690		339,890		-		225,204		-		-
Other Non Owner-Occupied Commercial Real Estate		2,110,976		2,110,976		-		2,988,012		-		-
Direct Financing Leases		523,106		523,106		-		755,041		3,817		3,817
Residential Real Estate		886,237		921,814		-		961,697		483		483
Installment and Other Consumer		685,166		685,166		-		686,196		475		475
	$	5,203,574	$	5,509,192	$	-	$	6,667,959	$	8,484	$	8,484
Impaired Loans/Leases with Specific Allowance Recorded:
Commercial and Industrial	$	4,856,280	$	4,860,119	$	2,720,597	$	4,910,839	$	-	$	-
Commercial Real Estate
Owner-Occupied Commercial Real Estate		-		-		-		-		-		-
Commercial Construction, Land Development, and Other Land		139,250		368,068		35,000		139,250		-		-
Other Non Owner-Occupied Commercial Real Estate		1,653,753		2,100,389		1,653,756		1,661,256		-		-
Direct Financing Leases		627,887		627,884		297,033		494,666		-		-
Residential Real Estate		944,504		944,504		208,069		723,402		4,797		4,797
Installment and Other Consumer		605,741		605,741		301,077		578,337		4,512		4,512
	$	8,827,415	$	9,506,705	$	5,215,532	$	8,507,750	$	9,309	$	9,309
Total Impaired Loans/Leases:
Commercial and Industrial	$	5,165,042	$	5,219,671	$	2,720,597	$	5,376,852	$	3,709	$	3,709
Commercial Real Estate
Owner-Occupied Commercial Real Estate		472,637		568,688		-		585,796		-		-
Commercial Construction, Land Development, and Other Land		355,940		707,958		35,000		364,454		-		-
Other Non Owner-Occupied Commercial Real Estate		3,764,729		4,211,365		1,653,756		4,649,268		-		-
Direct Financing Leases		1,150,993		1,150,990		297,033		1,249,707		3,817		3,817
Residential Real Estate		1,830,741		1,866,318		208,069		1,685,099		5,280		5,280
Installment and Other Consumer		1,290,907		1,290,907		301,077		1,264,533		4,987		4,987
	$	14,030,989	$	15,015,897	$	5,215,532	$	15,175,709	$	17,793	$	17,793

	Three Months Ended June 30, 2015						Three Months Ended June 30, 2014
Classes of Loans/Leases	Average Recorded Investment		Interest Income Recognized		Interest Income Recognized for Cash Payments Received		Average Recorded Investment		Interest Income Recognized		Interest Income Recognized for Cash Payments Received
Impaired Loans/Leases with No Specific Allowance Recorded:
Commercial and Industrial	$	320,187	$	1,860	$	1,860	$	589,889	$	11	$	11
Commercial Real Estate
Owner-Occupied Commercial Real Estate		550,374		-		-		383,861		-		-
Commercial Construction, Land Development, and Other Land		222,926		-		-		1,642,205		-		-
Other Non Owner-Occupied Commercial Real Estate		2,474,448		-		-		2,222,582		-		-
Direct Financing Leases		582,316		1,878		1,878		700,607		-		-
Residential Real Estate		969,580		-		-		1,014,286		720		720
Installment and Other Consumer		705,750		475		475		465,820		890		890
	$	5,825,581	$	4,213	$	4,213	$	7,019,250	$	1,621	$	1,621
Impaired Loans/Leases with Specific Allowance Recorded:
Commercial and Industrial	$	4,912,917	$	-	$	-	$	989,979	$	-	$	-
Commercial Real Estate
Owner-Occupied Commercial Real Estate		-		-		-		334,236		-		-
Commercial Construction, Land Development, and Other Land		139,250		-		-		602,498		-		-
Other Non Owner-Occupied Commercial Real Estate		1,657,506		-		-		6,057,384		-		-
Direct Financing Leases		561,840		-		-		855,628		-		-
Residential Real Estate		869,073		1,967		1,967		779,104		4		4
Installment and Other Consumer		608,277		2,252		2,252		817,994		-		-
	$	8,748,863	$	4,219	$	4,219	$	10,436,823	$	4	$	4
Total Impaired Loans/Leases:
Commercial and Industrial	$	5,233,104	$	1,860	$	1,860	$	1,579,868	$	11	$	11
Commercial Real Estate
Owner-Occupied Commercial Real Estate		550,374		-		-		718,097		-		-
Commercial Construction, Land Development, and Other Land		362,176		-		-		2,244,703		-		-
Other Non Owner-Occupied Commercial Real Estate		4,131,954		-		-		8,279,966		-		-
Direct Financing Leases		1,144,156		1,878		1,878		1,556,235		-		-
Residential Real Estate		1,838,653		1,967		1,967		1,793,390		724		724
Installment and Other Consumer		1,314,027		2,727		2,727		1,283,814		890		890
	$	14,574,444	$	8,432	$	8,432	$	17,456,073	$	1,625	$	1,625

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 June 30, 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		As a % of Total
Pass (Ratings 1 through 5)	$	576,067,054	$	245,725,433	$	41,653,406	$	379,720,588	$	1,243,166,481		95.42	%
Special Mention (Rating 6)		18,480,974		9,396,349		1,780,000		5,436,144		35,093,467		2.69	%
Substandard (Rating 7)		12,277,765		1,797,265		1,273,231		9,339,963		24,688,224		1.89	%
Doubtful (Rating 8)		-		-		-		-		-		-
	$	606,825,793	$	256,919,047	$	44,706,637	$	394,496,695	$	1,302,948,172		100.00	%

	As of June 30, 2015
Delinquency Status *	Direct Financing Leases		Residential Real Estate		Installment and Other Consumer		Total		As a % of Total
Performing	$	169,647,689	$	160,154,508	$	71,184,787	$	400,986,984		98.95	%
Nonperforming		1,150,993		1,830,741		1,263,100		4,244,834		1.05	%
	$	170,798,682	$	161,985,249	$	72,447,887	$	405,231,818		100.00	%

	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		As a % of Total
Pass (Ratings 1 through 5)	$	491,883,568	$	245,237,462	$	65,691,737	$	354,581,419	$	1,157,394,186		94.40	%
Special Mention (Rating 6)		17,034,909		12,637,930		-		3,285,191		32,958,030		2.69	%
Substandard (Rating 7)		15,008,663		2,193,688		2,427,252		16,085,743		35,715,346		2.91	%
Doubtful (Rating 8)		-		-		-		-		-		-
	$	523,927,140	$	260,069,080	$	68,118,989	$	373,952,353	$	1,226,067,562		100.00	%

	As of December 31, 2014
Delinquency Status *	Direct Financing Leases		Residential Real Estate		Installment and Other Consumer		Total		As a % of Total
Performing	$	164,693,144	$	156,818,091	$	71,491,531	$	393,002,766		98.93	%
Nonperforming		1,339,272		1,814,401		1,114,949		4,268,622		1.07	%
	$	166,032,416	$	158,632,492	$	72,606,480	$	397,271,388		100.00	%

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	For the three months ended June 30, 2014
Classes of Loans/Leases	Number of Loans / Leases		Pre-Modification Recorded Investment		Post-Modification Recorded Investment		Specific Allowance
CONCESSION - Significant payment delay
Commercial and Industrial		3	$	889,154	$	889,154	$	239,783
		3	$	889,154	$	889,154	$	239,783
CONCESSION - Other
Commercial and Industrial		1	$	427,849	$	427,849	$	113,449
		1	$	427,849	$	427,849	$	113,449
TOTAL		4	$	1,317,003	$	1,317,003		353,232

	For the six months ended June 30, 2014
Classes of Loans/Leases	Number of Loans / Leases		Pre-Modification Recorded Investment		Post-Modification Recorded Investment		Specific Allowance
CONCESSION - Significant payment delay
Commercial and Industrial		3	$	889,154	$	889,154	$	239,783
Direct Financing Leases		1	$	89,443	$	89,443	$	-
		4	$	978,597	$	978,597	$	239,783
CONCESSION - Extension of Maturity
Direct Financing Leases		1	$	70,144	$	70,144	$	24,246
		1	$	70,144	$	70,144	$	24,246
CONCESSION - Other
Commercial and Industrial		1	$	427,849	$	427,849	$	113,449
		1	$	427,849	$	427,849	$	113,449
TOTAL		6	$	1,476,590	$	1,476,590	$	377,478