Note 3 - Loans Leases Receivable (Tables)

3 Months Ended

Mar. 31, 2017

Notes Tables

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

	As of March 31,			As of December 31,
	2017			2016
C&I loans	$	851,578,347		$	827,637,263
CRE loans
Owner-occupied CRE		316,902,218			332,387,621
Commercial construction, land development, and other land		171,901,708			165,149,491
Other non owner-occupied CRE		618,037,795			595,921,748
		1,106,841,721			1,093,458,860
Direct financing leases *		159,368,425			165,419,360
Residential real estate loans **		231,325,899			229,233,104
Installment and other consumer loans		78,770,847			81,665,695
		2,427,885,239			2,397,414,282
Plus deferred loan/lease origination costs, net of fees		7,965,176			8,072,703
		2,435,850,415			2,405,486,985
Less allowance		(32,059,150	)		(30,757,448	)
	$	2,403,791,265		$	2,374,729,537
* Direct financing leases:
Net minimum lease payments to be received	$	177,088,295		$	184,274,802
Estimated unguaranteed residual values of leased assets		1,085,154			1,085,154
Unearned lease/residual income		(18,805,024	)		(19,940,596	)
		159,368,425			165,419,360
Plus deferred lease origination costs, net of fees		5,730,479			5,881,778
		165,098,904			171,301,138
Less allowance		(2,978,260	)		(3,111,898	)
	$	162,120,644		$	168,189,240

Certain Loans Acquired in Transfer Accounted for as Debt Securities Accretable Yield Movement Schedule [Table Text Block]

	For the three months ended March 31, 2017
	PCI			Performing
	Loans			Loans			Total
Balance at the beginning of the period	$	(194,306	)	$	(9,115,614	)	$	(9,309,920	)
Accretion recognized		66,690			2,171,540			2,238,230
Balance at the end of the period	$	(127,616	)	$	(6,944,074	)	$	(7,071,690	)

Past Due Financing Receivables [Table Text Block]

	As of March 31, 2017
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	$	846,264,365		$	108,148		$	165,831		$	575,066		$	4,464,937		$	851,578,347
CRE
Owner-Occupied CRE		316,508,674			61,156			-			240			332,148			316,902,218
Commercial Construction, Land Development, and Other Land		167,552,441			-			-			-			4,349,267			171,901,708
Other Non Owner-Occupied CRE		616,480,649			304,500			-			-			1,252,646			618,037,795
Direct Financing Leases		154,874,086			1,428,446			666,661			-			2,399,232			159,368,425
Residential Real Estate		228,282,091			1,587,945			-			255,942			1,199,921			231,325,899
Installment and Other Consumer		77,719,561			662,626			57,833			123,676			207,151			78,770,847
	$	2,407,681,867		$	4,152,821		$	890,325		$	954,924		$	14,205,302		$	2,427,885,239
As a percentage of total loan/lease portfolio		99.17	%		0.17	%		0.04	%		0.04	%		0.59	%		100.00	%

	As of December 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	$	821,637,507		$	1,455,185		$	10,551		$	346,234		$	4,187,786		$	827,637,263
CRE
Owner-Occupied CRE		331,812,571			-			242,902			-			332,148			332,387,621
Commercial Construction, Land Development, and Other Land		160,760,034			35,638			-			-			4,353,819			165,149,491
Other Non Owner-Occupied CRE		594,384,926			100,673			-			-			1,436,149			595,921,748
Direct Financing Leases		161,452,627			730,627			574,700			215,225			2,446,181			165,419,360
Residential Real Estate		227,023,552			473,478			365,581			294,854			1,075,639			229,233,104
Installment and Other Consumer		81,199,766			204,973			63,111			110,501			87,344			81,665,695
	$	2,378,270,983		$	3,000,574		$	1,256,845		$	966,814		$	13,919,066		$	2,397,414,282
As a percentage of total loan/lease portfolio		99.20	%		0.13	%		0.05	%		0.04	%		0.58	%		100.00	%

Schedule of Nonperforming Loans Leases [Table Text Block]

	As of March 31, 2017
Classes of Loans/Leases	Accruing Past Due 90 Days or More		Nonaccrual Loans/Leases *		Accruing TDRs		Total NPLs		Percentage of Total NPLs
C&I	$	575,066	$	4,464,937	$	4,766,131	$	9,806,134		45.85	%
CRE
Owner-Occupied CRE		240		332,148		-		332,388		1.55	%
Commercial Construction, Land Development, and Other Land		-		4,349,267		-		4,349,267		20.33	%
Other Non Owner-Occupied CRE		-		1,252,646		-		1,252,646		5.86	%
Direct Financing Leases		-		2,399,232		864,169		3,263,401		15.26	%
Residential Real Estate		255,942		1,199,921		580,853		2,036,716		9.52	%
Installment and Other Consumer		123,676		207,151		17,576		348,403		1.63	%
	$	954,924	$	14,205,302	$	6,228,729	$	21,388,955		100.00	%

	As of December 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	$	346,234	$	4,187,786	$	4,733,997		9,268,017		43.65	%
CRE
Owner-Occupied CRE		-		332,148		-		332,148		1.56	%
Commercial Construction, Land Development, and Other Land		-		4,353,819		-		4,353,819		20.51	%
Other Non Owner-Occupied CRE		-		1,436,149		-		1,436,149		6.77	%
Direct Financing Leases		215,225		2,446,181		1,008,244		3,669,650		17.28	%
Residential Real Estate		294,854		1,075,639		585,541		1,956,034		9.21	%
Installment and Other Consumer		110,501		87,344		18,746		216,591		1.02	%
	$	966,814	$	13,919,066	$	6,346,528	$	21,232,408		100.00	%

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

	Three Months Ended March 31, 2017
	C&I			CRE		Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Balance, beginning	$	12,545,110		$	11,670,609	$	3,111,898		$	2,342,344		$	1,087,487		$	30,757,448
Provisions (credits) charged to expense		593,359			966,271		505,015			43,520			(3,056	)		2,105,109
Loans/leases charged off		(218,273	)		-		(658,684	)		(13,623	)		(2,046	)		(892,626	)
Recoveries on loans/leases previously charged off		33,894			6,386		20,031			3,623			25,285			89,219
Balance, ending	$	12,954,090		$	12,643,266	$	2,978,260		$	2,375,864		$	1,107,670		$	32,059,150

	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

	As of March 31, 2017
	C&I			CRE			Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Allowance for impaired loans/leases	$	1,751,774		$	888,445		$	795,840		$	274,566		$	37,932		$	3,748,557
Allowance for nonimpaired loans/leases		11,202,316			11,754,821			2,182,420			2,101,298			1,069,738			28,310,593
	$	12,954,090		$	12,643,266		$	2,978,260		$	2,375,864		$	1,107,670		$	32,059,150
Impaired loans/leases	$	9,188,454		$	5,924,061		$	3,082,068		$	1,780,774		$	224,727		$	20,200,084
Nonimpaired loans/leases		842,389,893			1,100,917,660			156,286,357			229,545,125			78,546,120			2,407,685,155
	$	851,578,347		$	1,106,841,721		$	159,368,425		$	231,325,899		$	78,770,847		$	2,427,885,239
Allowance as a percentage of impaired loans/leases		19.06	%		15.00	%		25.82	%		15.42	%		16.88	%		18.56	%
Allowance as a percentage of nonimpaired loans/leases		1.33	%		1.07	%		1.40	%		0.92	%		1.36	%		1.18	%
Total allowance as a percentage of total loans/leases		1.52	%		1.14	%		1.87	%		1.03	%		1.41	%		1.31	%

	As of December 31, 2016
	C&I			CRE			Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Allowance for impaired loans/leases	$	1,771,537		$	693,919		$	848,919		$	289,112		$	39,481		$	3,642,968
Allowance for nonimpaired loans/leases		10,773,573			10,976,690			2,262,979			2,053,232			1,048,006			27,114,480
	$	12,545,110		$	11,670,609		$	3,111,898		$	2,342,344		$	1,087,487		$	30,757,448
Impaired loans/leases	$	8,936,451		$	6,112,114		$	3,256,264		$	1,661,180		$	106,090		$	20,072,099
Nonimpaired loans/leases		818,700,812			1,087,346,746			162,163,096			227,571,924			81,559,605			2,377,342,183
	$	827,637,263		$	1,093,458,860		$	165,419,360		$	229,233,104		$	81,665,695		$	2,397,414,282
Allowance as a percentage of impaired loans/leases		19.82	%		11.35	%		26.07	%		17.40	%		37.21	%		18.15	%
Allowance as a percentage of nonimpaired loans/leases		1.32	%		1.01	%		1.40	%		0.90	%		1.28	%		1.14	%
Total allowance as a percentage of total loans/leases		1.52	%		1.07	%		1.88	%		1.02	%		1.33	%		1.28	%

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	$	835,955	$	846,392	$	-	$	927,387	$	7,352	$	7,352
CRE
Owner-Occupied CRE		-		-		-		-		-		-
Commercial Construction, Land Development, and Other Land		-		-		-		-		-		-
Other Non Owner-Occupied CRE		1,174,260		1,174,260		-		1,183,813		-		-
Direct Financing Leases		1,593,104		1,593,104		-		1,868,355		18,895		18,895
Residential Real Estate		1,147,434		1,222,215		-		1,025,656		1,161		1,161
Installment and Other Consumer		175,957		175,957		-		115,846		-		-
	$	4,926,710	$	5,011,928	$	-	$	5,121,057	$	27,408	$	27,408
Impaired Loans/Leases with Specific Allowance Recorded:
C&I	$	8,352,499	$	8,356,338	$	1,751,774	$	8,110,658	$	62,666	$	62,666
CRE
Owner-Occupied CRE		322,148		322,148		57,398		322,148		-		-
Commercial Construction, Land Development, and Other Land		4,349,267		4,349,267		823,061		4,351,542		-		-
Other Non Owner-Occupied CRE		78,386		78,386		7,986		39,193		-		-
Direct Financing Leases		1,488,964		1,488,964		795,840		1,300,811		-		-
Residential Real Estate		633,340		633,340		274,566		636,134		4,240		4,240
Installment and Other Consumer		48,770		48,770		37,932		49,563		112		112
	$	15,273,374	$	15,277,213	$	3,748,557	$	14,810,049	$	67,018	$	67,018
Total Impaired Loans/Leases:
C&I	$	9,188,454	$	9,202,730	$	1,751,774	$	9,038,045	$	70,018	$	70,018
CRE
Owner-Occupied CRE		322,148		322,148		57,398		322,148		-		-
Commercial Construction, Land Development, and Other Land		4,349,267		4,349,267		823,061		4,351,542		-		-
Other Non Owner-Occupied CRE		1,252,646		1,252,646		7,986		1,223,006		-		-
Direct Financing Leases		3,082,068		3,082,068		795,840		3,169,166		18,895		18,895
Residential Real Estate		1,780,774		1,855,555		274,566		1,661,790		5,401		5,401
Installment and Other Consumer		224,727		224,727		37,932		165,409		112		112
	$	20,200,084	$	20,289,141	$	3,748,557	$	19,931,106	$	94,426	$	94,426

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
Impaired Loans/Leases with No Specific Allowance Recorded:
C&I	$	841,895	$	951,600	$	-
CRE
Owner-Occupied CRE		-		93,774		-
Commercial Construction, Land Development, and Other Land		-		-		-
Other Non Owner-Occupied CRE		1,196,549		1,196,549		-
Direct Financing Leases		1,690,121		1,690,121		-
Residential Real Estate		853,294		892,495		-
Installment and Other Consumer		55,734		55,734		-
	$	4,637,593	$	4,880,273	$	-
Impaired Loans/Leases with Specific Allowance Recorded:
C&I	$	8,094,556	$	8,098,395	$	1,771,537
CRE
Owner-Occupied CRE		322,148		322,148		57,398
Commercial Construction, Land Development, and Other Land		4,353,819		4,353,817		577,611
Other Non Owner-Occupied CRE		239,600		239,600		58,910
Direct Financing Leases		1,566,141		1,566,143		848,919
Residential Real Estate		807,886		882,018		289,112
Installment and Other Consumer		50,356		50,356		39,481
	$	15,434,506	$	15,512,477	$	3,642,968
Total Impaired Loans/Leases:
C&I	$	8,936,451	$	9,049,995	$	1,771,537
CRE
Owner-Occupied CRE		322,148		415,922		57,398
Commercial Construction, Land Development, and Other Land		4,353,819		4,353,817		577,611
Other Non Owner-Occupied CRE		1,436,149		1,436,149		58,910
Direct Financing Leases		3,256,262		3,256,264		848,919
Residential Real Estate		1,661,180		1,774,513		289,112
Installment and Other Consumer		106,090		106,090		39,481
	$	20,072,099	$	20,392,750	$	3,642,968

Financing Receivable Credit Quality Indicators [Table Text Block]

	As of March 31, 2017
			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)	$	816,089,950	$	298,438,590	$	164,958,396	$	605,282,623	$	1,884,769,559		96.24	%
Special Mention (Rating 6)		7,820,608		8,839,425		1,780,000		4,400,764		22,840,797		1.17	%
Substandard (Rating 7)		27,667,789		9,624,203		5,163,312		8,354,408		50,809,712		2.59	%
Doubtful (Rating 8)		-		-		-		-		-		0.00	%
	$	851,578,347	$	316,902,218	$	171,901,708	$	618,037,795	$	1,958,420,068		100.00	%

	As of December 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)	$	796,568,451	$	314,447,662	$	158,108,465	$	582,854,048	$	1,851,978,626		96.40	%
Special Mention (Rating 6)		6,305,772		7,559,380		1,780,000		4,437,122		20,082,274		1.05	%
Substandard (Rating 7)		24,763,040		10,380,369		5,261,026		8,630,578		49,035,013		2.55	%
Doubtful (Rating 8)		-		210		-		-		210		0.00	%
	$	827,637,263	$	332,387,621	$	165,149,491	$	595,921,748	$	1,921,096,123		100.00	%

Financing Receivable Credit Quality Indicators Performance Status [Table Text Block]

	As of March 31, 2017
Delinquency Status *	Direct Financing Leases		Residential Real Estate		Installment and Other Consumer		Total		As a % of Total
Performing	$	156,105,024	$	229,289,183	$	78,422,444	$	463,816,651		98.80	%
Nonperforming		3,263,401		2,036,716		348,403		5,648,520		1.20	%
	$	159,368,425	$	231,325,899	$	78,770,847	$	469,465,171		100.00	%

	As of December 31, 2016
Delinquency Status *	Direct Financing Leases		Residential Real Estate		Installment and Other Consumer		Total		As a % of Total
Performing	$	161,749,710	$	227,277,070	$	81,449,104	$	470,475,884		98.77	%
Nonperforming		3,669,650		1,956,034		216,591		5,842,275		1.23	%
	$	165,419,360	$	229,233,104	$	81,665,695	$	476,318,159		100.00	%

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	For the three months ended March 31, 2017								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		Number of Loans / Leases		Pre- Modification Recorded Investment		Post- Modification Recorded Investment		Specific Allowance
CONCESSION - Extension of Maturity
Direct Financing Leases		1	$	6,263	$	6,263	$	-		4	$	410,653	$	410,653	$	-
		1	$	6,263	$	6,263	$	-		4	$	410,653	$	410,653	$	-
CONCESSION - Significant Payment Delay
C&I		2	$	133,689	$	133,689	$	-		-	$	-	$	-	$	-
Direct Financing Leases		8		669,861		669,861		-		1		45,939		45,939		-
		10	$	803,550	$	803,550	$	-		1	$	45,939	$	45,939	$	-
TOTAL		11	$	809,813	$	809,813	$	-		5	$	456,592	$	456,592	$	-