Note 3 - Loans/Leases Receivable (Tables)

3 Months Ended

Mar. 31, 2016

Receivables [Abstract]

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

	As of March 31, 2016			As of December 31, 2015
C&I loans	$	682,056,782		$	648,159,892
CRE loans
Owner-occupied CRE		261,730,899			252,523,164
Commercial construction, land development, and other land		37,970,546			49,083,844
Other non owner-occupied CRE		466,457,920			422,761,757
		766,159,365			724,368,765
Direct financing leases *		172,774,048			173,655,605
Residential real estate loans **		173,096,209			170,432,530
Installment and other consumer loans		71,842,268			73,669,493
		1,865,928,672			1,790,286,285
Plus deferred loan/lease origination costs, net of fees		7,894,944			7,736,390
		1,873,823,616			1,798,022,675
Less allowance		(27,395,442	)		(26,140,906	)
	$	1,846,428,174		$	1,771,881,769
* Direct financing leases:
Net minimum lease payments to be received	$	194,005,721		$	195,476,230
Estimated unguaranteed residual values of leased assets		1,131,634			1,165,706
Unearned lease/residual income		(22,363,307	)		(22,986,331	)
		172,774,048			173,655,605
Plus deferred lease origination costs, net of fees		6,493,124			6,594,582
		179,267,172			180,250,187
Less allowance		(3,287,230	)		(3,395,088	)
	$	175,979,942		$	176,855,099

Past Due Financing Receivables [Table Text Block]

	As of March 31, 2016
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
C&I	$	674,901,078		$	1,038,410		$	469,292		$	-		$	5,648,002		$	682,056,782
CRE
Owner-Occupied CRE		260,963,128			109,210			-			-			658,561			261,730,899
Commercial Construction, Land Development, and Other Land		37,779,180			-			-			-			191,366			37,970,546
Other Non Owner-Occupied CRE		464,239,777			898,733			212,884			-			1,106,526			466,457,920
Direct Financing Leases		169,792,466			977,630			207,496			-			1,796,456			172,774,048
Residential Real Estate		168,865,064			3,133,246			-			46,256			1,051,643			173,096,209
Installment and Other Consumer		70,864,000			645,537			12,776			162			319,793			71,842,268
	$	1,847,404,693		$	6,802,766		$	902,448		$	46,418		$	10,772,347		$	1,865,928,672
As a percentage of total loan/lease portfolio		99.01	%		0.36	%		0.05	%		0.00	%		0.58	%		100.00	%

	As of December 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
C&I	$	640,725,241		$	1,636,860		$	5,816		$	-		$	5,791,975		$	648,159,892
CRE
Owner-Occupied CRE		251,612,752			182,949			-			-			727,463			252,523,164
Commercial Construction, Land Development, and Other Land		48,890,040			-			-			-			193,804			49,083,844
Other Non Owner-Occupied CRE		420,819,874			614,732			219,383			-			1,107,768			422,761,757
Direct Financing Leases		170,021,289			1,490,818			439,314			2,843			1,701,341			173,655,605
Residential Real Estate		166,415,118			2,800,589			200,080			-			1,016,743			170,432,530
Installment and Other Consumer		73,134,197			412,052			14,127			-			109,117			73,669,493
	$	1,771,618,511		$	7,138,000		$	878,720		$	2,843		$	10,648,211		$	1,790,286,285
As a percentage of total loan/lease portfolio		98.96	%		0.40	%		0.05	%		0.00	%		0.59	%		100.00	%

Schedule of Nonperforming Loans Leases [Table Text Block]

	As of March 31, 2016
Classes of Loans/Leases	Accruing Past Due 90 Days or More		Nonaccrual Loans/Leases *		Accruing TDRs		Total NPLs		Percentage of Total NPLs
C&I	$	-	$	5,648,002	$	172,093	$	5,820,095		48.60	%
CRE
Owner-Occupied CRE		-		658,561		-		658,561		5.50	%
Commercial Construction, Land Development, and Other Land		-		191,366		-		191,366		1.60	%
Other Non Owner-Occupied CRE		-		1,106,526		-		1,106,526		9.24	%
Direct Financing Leases		-		1,796,456		456,592		2,253,048		18.81	%
Residential Real Estate		46,256		1,051,643		398,337		1,496,236		12.49	%
Installment and Other Consumer		162		319,793		129,808		449,763		3.76	%
	$	46,418	$	10,772,347	$	1,156,830	$	11,975,595		100.00	%

	As of December 31, 2015
Classes of Loans/Leases	Accruing Past Due 90 Days or More		Nonaccrual Loans/Leases **		Accruing TDRs		Total NPLs		Percentage of Total NPLs
C&I	$	-	$	5,791,975	$	173,087	$	5,965,062		50.96	%
CRE
Owner-Occupied CRE		-		727,463		-	$	727,463		6.22	%
Commercial Construction, Land Development, and Other Land		-		193,804		-	$	193,804		1.66	%
Other Non Owner-Occupied CRE		-		1,107,768		-	$	1,107,768		9.46	%
Direct Financing Leases		2,843		1,701,341		-	$	1,704,184		14.56	%
Residential Real Estate		-		1,016,743		402,044	$	1,418,787		12.12	%
Installment and Other Consumer		-		109,117		478,625	$	587,742		5.02	%
	$	2,843	$	10,648,211	$	1,053,756	$	11,704,810		100.00	%

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

	Three Months Ended March 31, 2016
	C&I			CRE		Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Balance, beginning	$	10,484,080		$	9,375,117	$	3,395,088		$	1,790,150		$	1,096,471		$	26,140,906
Provisions charged to expense		739,831			715,450		478,245			62,656			76,803			2,072,985
Loans/leases charged off		(243,566	)		-		(600,938	)		(16,184	)		(7,596	)		(868,284	)
Recoveries on loans/leases previously charged off		11,634			-		14,836			-			23,365			49,835
Balance, ending	$	10,991,979		$	10,090,567	$	3,287,231		$	1,836,622		$	1,189,043		$	27,395,442

	Three Months Ended March 31, 2015
	C&I			CRE			Direct Financing Leases			Residential Real Estate		Installment and Other Consumer			Total
Balance, beginning	$	8,833,832		$	8,353,386		$	3,359,400		$	1,525,952	$	1,001,795		$	23,074,365
Provisions 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	$	9,177,164		$	8,838,204		$	3,227,458		$	1,597,754	$	1,042,693		$	23,883,273

	As of March 31, 2016
	C&I			CRE			Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Allowance for impaired loans/leases	$	2,168,454		$	82,296		$	483,193		$	199,498		$	246,413		$	3,179,854
Allowance for nonimpaired loans/leases		8,823,525			10,008,271			2,804,038			1,637,124			942,630			24,215,588
	$	10,991,979		$	10,090,567		$	3,287,231		$	1,836,622		$	1,189,043		$	27,395,442
Impaired loans/leases	$	5,178,446		$	1,946,451		$	2,253,046		$	1,496,236		$	449,600		$	11,323,779
Nonimpaired loans/leases		676,878,336			764,212,914			170,521,002			171,599,973			71,392,668			1,854,604,893
	$	682,056,782		$	766,159,365		$	172,774,048		$	173,096,209		$	71,842,268		$	1,865,928,672
Allowance as a percentage of impaired loans/leases		41.87	%		4.23	%		21.45	%		13.33	%		54.81	%		28.08	%
Allowance as a percentage of nonimpaired loans/leases		1.30	%		1.31	%		1.64	%		0.95	%		1.32	%		1.31	%
Total allowance as a percentage of total loans/leases		1.61	%		1.32	%		1.90	%		1.06	%		1.66	%		1.46	%

	As of December 31, 2015
	C&I			CRE			Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Allowance for impaired loans/leases	$	2,592,270		$	76,934		$	306,193		$	185,801		$	143,089		$	3,304,287
Allowance for nonimpaired loans/leases		7,891,810			9,298,183			3,088,895			1,604,349			953,382			22,836,619
	$	10,484,080		$	9,375,117		$	3,395,088		$	1,790,150		$	1,096,471		$	26,140,906
Impaired loans/leases	$	5,286,482		$	2,029,035		$	1,701,341		$	1,418,787		$	587,742		$	11,023,387
Nonimpaired loans/leases		642,873,410			722,339,730			171,954,264			169,013,743			73,081,751			1,779,262,898
	$	648,159,892		$	724,368,765		$	173,655,605		$	170,432,530		$	73,669,493		$	1,790,286,285
Allowance as a percentage of impaired loans/leases		49.04	%		3.79	%		18.00	%		13.10	%		24.35	%		29.98	%
Allowance as a percentage of nonimpaired loans/leases		1.23	%		1.29	%		1.80	%		0.95	%		1.30	%		1.28	%
Total allowance as a percentage of total loans/leases		1.62	%		1.29	%		1.96	%		1.05	%		1.49	%		1.45	%

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:
C&I	$	286,508	$	477,450	$	-	$	347,369	$	1,824	$	1,824
CRE
Owner-Occupied CRE		242,887		336,661		-		244,824		-		-
Commercial Construction, Land Development, and Other Land		-		-		-		-		-		-
Other Non Owner-Occupied CRE		1,512,198		1,512,198		-		1,545,334		-		-
Direct Financing Leases		1,314,779		1,314,779		-		1,176,588		11,603		11,603
Residential Real Estate		585,186		624,387		-		585,981		1,038		1,038
Installment and Other Consumer		47,480		47,480		-		212,392		-		-
	$	3,989,038	$	4,312,955	$	-	$	4,112,488	$	14,465	$	14,465
Impaired Loans/Leases with Specific Allowance Recorded:
C&I	$	4,891,938	$	4,895,777	$	2,168,454	$	4,885,096	$	-	$	-
CRE
Owner-Occupied CRE		-		-		-		-		-		-
Commercial Construction, Land Development, and Other Land		191,366		203,366		82,296		192,585		-		-
Other Non Owner-Occupied CRE		-		-		-		-		-		-
Direct Financing Leases		938,267		938,267		483,193		800,606		-		-
Residential Real Estate		911,050		946,628		199,498		871,531		1,958		1,958
Installment and Other Consumer		402,120		402,120		246,413		306,279		1,500		1,500
	$	7,334,741	$	7,386,158	$	3,179,854	$	7,056,097	$	3,458	$	3,458
Total Impaired Loans/Leases:
C&I	$	5,178,446	$	5,373,227	$	2,168,454	$	5,232,465	$	1,824	$	1,824
CRE
Owner-Occupied CRE		242,887		336,661		-		244,824		-		-
Commercial Construction, Land Development, and Other Land		191,366		203,366		82,296		192,585		-		-
Other Non Owner-Occupied CRE		1,512,198		1,512,198		-		1,545,334		-		-
Direct Financing Leases		2,253,046		2,253,046		483,193		1,977,194		11,603		11,603
Residential Real Estate		1,496,236		1,571,015		199,498		1,457,512		2,996		2,996
Installment and Other Consumer		449,600		449,600		246,413		518,671		1,500		1,500
	$	11,323,779	$	11,699,113	$	3,179,854	$	11,168,585	$	17,923	$	17,923

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:
C&I	$	331,612	$	425,636	$	-	$	1,352,320	$	1,849	$	1,849
CRE
Owner-Occupied CRE		173,131		269,354		-		189,621		-		-
Commercial Construction, Land Development, and Other Land		171,186		511,204		-		171,186		-		-
Other Non Owner-Occupied CRE		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:
C&I	$	4,969,554	$	4,973,392	$	2,513,023	$	4,938,115	$	-	$	-
CRE
Owner-Occupied CRE		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 CRE		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:
C&I	$	5,301,166	$	5,399,028	$	2,513,023	$	6,290,435	$	1,849	$	1,849
CRE
Owner-Occupied CRE		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 CRE		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
Impaired Loans/Leases with No Specific Allowance Recorded:
C&I	$	234,636	$	346,072	$	-
CRE
Owner-Occupied CRE		256,761		350,535		-
Commercial Construction, Land Development, and Other Land		-		228,818		-
Other Non Owner-Occupied CRE		1,578,470		1,578,470		-
Direct Financing Leases		871,884		871,884		-
Residential Real Estate		613,486		649,064		-
Installment and Other Consumer		377,304		377,304		-
	$	3,932,541	$	4,402,147	$	-
Impaired Loans/Leases with Specific Allowance Recorded:
C&I	$	5,051,846	$	5,055,685	$	2,592,270
CRE
Owner-Occupied CRE		-		-		-
Commercial Construction, Land Development, and Other Land		193,804		205,804		76,934
Other Non Owner-Occupied CRE		-		-		-
Direct Financing Leases		829,457		829,457		306,193
Residential Real Estate		805,301		805,301		185,801
Installment and Other Consumer		210,438		210,438		143,089
	$	7,090,846	$	7,106,685	$	3,304,287
Total Impaired Loans/Leases:
C&I	$	5,286,482	$	5,401,757	$	2,592,270
CRE
Owner-Occupied CRE		256,761		350,535		-
Commercial Construction, Land Development, and Other Land		193,804		434,622		76,934
Other Non Owner-Occupied CRE		1,578,470		1,578,470		-
Direct Financing Leases		1,701,341		1,701,341		306,193
Residential Real Estate		1,418,787		1,454,365		185,801
Installment and Other Consumer		587,742		587,742		143,089
	$	11,023,387	$	11,508,832	$	3,304,287

Financing Receivable Credit Quality Indicators [Table Text Block]

	As of March 31, 2016
			CRE
					Non Owner-Occupied
Internally Assigned Risk Rating	C&I		Owner-Occupied CRE		Commercial Construction, Land Development, and Other Land		Other CRE		Total		As a % of Total
Pass (Ratings 1 through 5)	$	647,678,612	$	250,031,858	$	35,892,683	$	448,275,195	$	1,381,878,348		95.42	%
Special Mention (Rating 6)		12,346,445		3,376,191		1,780,000		10,562,085		28,064,721		1.94	%
Substandard (Rating 7)		22,031,725		8,322,850		297,863		7,620,640		38,273,078		2.64	%
Doubtful (Rating 8)		-		-		-		-		-		-
	$	682,056,782	$	261,730,899	$	37,970,546	$	466,457,920	$	1,448,216,147		100.00	%

	As of March 31, 2016
Delinquency Status *	Direct Financing Leases		Residential Real Estate		Installment and Other Consumer		Total		As a % of Total
Performing	$	170,521,000	$	171,599,973	$	71,392,505	$	413,513,478		98.99	%
Nonperforming		2,253,048		1,496,236		449,763		4,199,047		1.01	%
	$	172,774,048	$	173,096,209	$	71,842,268	$	417,712,525		100.00	%

	As of December 31, 2015
			CRE
					Non Owner-Occupied
Internally Assigned Risk Rating	C&I		Owner-Occupied CRE		Commercial Construction, Land Development, and Other Land		Other CRE		Total		As a % of Total
Pass (Ratings 1 through 5)	$	616,200,797	$	238,119,608	$	46,929,876	$	406,027,442	$	1,307,277,723		95.24	%
Special Mention (Rating 6)		18,031,845		8,630,658		1,780,000		8,846,286		37,288,789		2.72	%
Substandard (Rating 7)		13,927,250		5,772,898		373,968		7,888,029		27,962,145		2.04	%
Doubtful (Rating 8)		-		-		-		-		-		-
	$	648,159,892	$	252,523,164	$	49,083,844	$	422,761,757	$	1,372,528,657		100.00	%

	As of December 31, 2015
Delinquency Status *	Direct Financing Leases		Residential Real Estate		Installment and Other Consumer		Total		As a % of Total
Performing	$	171,951,421	$	169,013,743	$	73,081,751	$	414,046,915		99.11	%
Nonperforming		1,704,184		1,418,787		587,742		3,710,713		0.89	%
	$	173,655,605	$	170,432,530	$	73,669,493	$	417,757,628		100.00	%

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	For the three months ended March 31, 2016
Classes of Loans/Leases	Number of Loans / Leases		Pre- Modification Recorded Investment		Post- Modification Recorded Investment		Specific Allowance
CONCESSION - Extension of Maturity
Direct Financing Leases		4	$	410,653	$	410,653	$	-
		4	$	410,653	$	410,653	$	-
CONCESSION - Significant Payment Delay
Direct Financing Leases		1	$	45,939	$	45,939	$	-
		1	$	45,939	$	45,939	$	-
TOTAL		5	$	456,592	$	456,592	$	-