Note 3 - Loans Leases Receivable (Tables)

3 Months Ended

Mar. 31, 2018

Notes Tables

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

	As of March 31,			As of December 31,
	2018			2017
C&I loans*	$	1,201,085,625		$	1,134,516,315
CRE loans
Owner-occupied CRE		346,996,627			332,742,477
Commercial construction, land development, and other land		171,404,628			186,402,404
Other non owner-occupied CRE		839,302,131			784,347,000
		1,357,703,386			1,303,491,882
Direct financing leases **		137,614,465			141,448,232
Residential real estate loans ***		254,484,231			258,646,265
Installment and other consumer loans		95,911,569			118,610,799
		3,046,799,276			2,956,713,493
Plus deferred loan/lease origination costs, net of fees		8,103,163			7,771,907
		3,054,902,439			2,964,485,400
Less allowance		(36,532,602	)		(34,355,728	)
	$	3,018,369,837		$	2,930,129,672
* Direct financing leases:
Net minimum lease payments to be received	$	152,430,047		$	156,583,887
Estimated unguaranteed residual values of leased assets		929,932			929,932
Unearned lease/residual income		(15,745,514	)		(16,065,587	)
		137,614,465			141,448,232
Plus deferred lease origination costs, net of fees		4,350,767			4,624,027
		141,965,232			146,072,259
Less allowance		(2,730,301	)		(2,382,098	)
	$	139,234,931		$	143,690,161

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

	Three months ended March 31, 2018
	PCI			Performing
	Loans			Loans			Total
Balance at the beginning of the period	$	(191,132	)	$	(6,280,075	)	$	(6,471,207	)
Accretion recognized		34,236			620,532			654,768
Balance at the end of the period	$	(156,896	)	$	(5,659,543	)	$	(5,816,439	)

	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, 2018
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	$	1,197,675,583		$	1,714,614		$	210,724		$	36,162		$	1,448,542		$	1,201,085,625
CRE
Owner-Occupied CRE		346,524,727			142,587			-			-			329,313			346,996,627
Commercial Construction, Land Development, and Other Land		168,928,348			55,561			568,523			-			1,852,196			171,404,628
Other Non Owner-Occupied CRE		834,328,826			105,223			-			-			4,868,082			839,302,131
Direct Financing Leases		133,012,415			1,196,302			599,350			-			2,806,398			137,614,465
Residential Real Estate		250,956,900			2,304,607			35,457			-			1,187,267			254,484,231
Installment and Other Consumer		95,435,771			190,027			13,806			4,778			267,187			95,911,569
	$	3,026,862,570		$	5,708,921		$	1,427,860		$	40,940		$	12,758,985		$	3,046,799,276
As a percentage of total loan/lease portfolio		99.34	%		0.19	%		0.05	%		0.00	%		0.42	%		100.00	%

	As of December 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	$	1,124,734,486		$	8,306,829		$	243,647		$	-		$	1,231,353		$	1,134,516,315
CRE
Owner-Occupied CRE		331,868,142			540,435			-			-			333,900			332,742,477
Commercial Construction, Land Development, and Other Land		181,558,092			-			-			-			4,844,312			186,402,404
Other Non Owner-Occupied CRE		782,526,249			572,877			4,146			-			1,243,728			784,347,000
Direct Financing Leases		137,708,397			1,305,191			259,600			-			2,175,044			141,448,232
Residential Real Estate		253,261,821			3,552,709			393,410			74,519			1,363,806			258,646,265
Installment and Other Consumer		117,773,259			517,537			56,760			14,152			249,091			118,610,799
	$	2,929,430,446		$	14,795,578		$	957,563		$	88,671		$	11,441,234		$	2,956,713,493
As a percentage of total loan/lease portfolio		99.08	%		0.50	%		0.03	%		0.00	%		0.39	%		100.00	%

Schedule of Nonperforming Loans Leases [Table Text Block]

	As of March 31, 2018
Classes of Loans/Leases	Accruing Past Due 90 Days or More		Nonaccrual Loans/Leases *		Accruing TDRs		Total NPLs		Percentage of Total NPLs
C&I	$	36,162	$	1,448,542	$	4,714,450	$	6,199,154		34.29	%
CRE
Owner-Occupied CRE		-		329,313		107,322		436,635		2.42	%
Commercial Construction, Land Development, and Other Land		-		1,852,196		-		1,852,196		10.25	%
Other Non Owner-Occupied CRE		-		4,868,082		-		4,868,082		26.93	%
Direct Financing Leases		-		2,806,398		169,198		2,975,596		16.46	%
Residential Real Estate		-		1,187,267		271,694		1,458,961		8.07	%
Installment and Other Consumer		4,778		267,187		12,828		284,793		1.58	%
	$	40,940	$	12,758,985	$	5,275,492	$	18,075,417		100.00	%

	As of December 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	$	-	$	1,231,353	$	5,224,182	$	6,455,535		34.63	%
CRE
Owner-Occupied CRE		-		333,900		107,322		441,222		2.37	%
Commercial Construction, Land Development, and Other Land		-		4,844,312		-		4,844,312		25.99	%
Other Non Owner-Occupied CRE		-		1,243,728		-		1,243,728		6.67	%
Direct Financing Leases		-		2,175,044		1,494,448		3,669,492		19.68	%
Residential Real Estate		74,519		1,363,806		272,493		1,710,818		9.18	%
Installment and Other Consumer		14,152		249,091		14,027		277,270		1.49	%
	$	88,671	$	11,441,234	$	7,112,472	$	18,642,377		100.00	%

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

	Three Months Ended March 31, 2018
	C&I			CRE		Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Balance, beginning	$	14,323,036		$	13,962,688	$	2,382,098		$	2,466,431		$	1,221,475		$	34,355,728
Provisions (credits) charged to expense		808,161			965,383		604,783			(39,337	)		200,849			2,539,839
Loans/leases charged off		(95,499	)		-		(283,887	)		(52,325	)		(4,747	)		(436,458	)
Recoveries on loans/leases previously charged off		29,547			9,949		27,307			450			6,240			73,493
Balance, ending	$	15,065,245		$	14,938,020	$	2,730,301		$	2,375,219		$	1,423,817		$	36,532,602

	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 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

	As of March 31, 2018
	C&I			CRE			Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Allowance for impaired loans/leases	$	567,321		$	1,670,897		$	628,379		$	248,592		$	112,177		$	3,227,366
Allowance for nonimpaired loans/leases		14,497,924			13,267,123			2,101,922			2,126,627			1,311,640			33,305,236
	$	15,065,245		$	14,938,020		$	2,730,301		$	2,375,219		$	1,423,817		$	36,532,602
Impaired loans/leases	$	6,010,688		$	7,094,483		$	2,975,596		$	1,556,817		$	281,197		$	17,918,781
Nonimpaired loans/leases		1,195,074,937			1,350,608,903			134,638,869			252,927,414			95,630,372			3,028,880,495
	$	1,201,085,625		$	1,357,703,386		$	137,614,465		$	254,484,231		$	95,911,569		$	3,046,799,276
Allowance as a percentage of impaired loans/leases		9.44	%		23.55	%		21.12	%		15.97	%		39.89	%		18.01	%
Allowance as a percentage of nonimpaired loans/leases		1.21	%		0.98	%		1.56	%		0.84	%		1.37	%		1.10	%
Total allowance as a percentage of total loans/leases		1.25	%		1.10	%		1.98	%		0.93	%		1.48	%		1.20	%

	As of December 31, 2017
	C&I			CRE			Direct Financing Leases			Residential Real Estate			Installment and Other Consumer			Total
Allowance for impaired loans/leases	$	715,627		$	1,429,460		$	504,469		$	355,167		$	38,596		$	3,043,319
Allowance for nonimpaired loans/leases		13,607,409			12,533,228			1,877,629			2,111,264			1,182,879			31,312,409
	$	14,323,036		$	13,962,688		$	2,382,098		$	2,466,431		$	1,221,475		$	34,355,728
Impaired loans/leases	$	6,248,209		$	6,529,262		$	3,669,492		$	1,704,846		$	202,354		$	18,354,163
Nonimpaired loans/leases		1,128,268,106			1,296,962,620			137,778,740			256,941,419			118,408,445			2,938,359,330
	$	1,134,516,315		$	1,303,491,882		$	141,448,232		$	258,646,265		$	118,610,799		$	2,956,713,493
Allowance as a percentage of impaired loans/leases		11.45	%		21.89	%		13.75	%		20.83	%		19.07	%		16.58	%
Allowance as a percentage of nonimpaired loans/leases		1.21	%		0.97	%		1.36	%		0.82	%		1.00	%		1.07	%
Total allowance as a percentage of total loans/leases		1.26	%		1.07	%		1.68	%		0.95	%		1.03	%		1.16	%

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	$	5,038,888	$	5,053,164	$	-	$	5,297,775	$	75,406	$	75,406
CRE
Owner-Occupied CRE		289,261		289,261		-		289,261		5,822		5,822
Commercial Construction, Land Development, and Other Land		-		-		-		-		-		-
Other Non Owner-Occupied CRE		1,227,579		1,227,579		-		1,235,654		-		-
Direct Financing Leases		1,927,663		1,927,663		-		2,355,745		6,291		6,291
Residential Real Estate		911,804		986,583		-		884,441		-		-
Installment and Other Consumer		140,857		140,857		-		120,043		-		-
	$	9,536,052	$	9,625,107	$	-	$	10,182,919	$	87,519	$	87,519
Impaired Loans/Leases with Specific Allowance Recorded:
C&I	$	957,524	$	957,524	$	567,321	$	824,536	$	1,983	$	1,983
CRE
Owner-Occupied CRE		147,375		147,375		43,875		149,669		-		-
Commercial Construction, Land Development, and Other Land		5,430,268		5,430,268		1,627,022		5,137,290		-		-
Other Non Owner-Occupied CRE		-		-		-		-		-		-
Direct Financing Leases		1,047,933		1,047,933		628,379		962,961		-		-
Residential Real Estate		547,158		570,234		248,592		544,558		2,934		2,934
Installment and Other Consumer		140,340		140,340		112,177		128,285		83		83
	$	8,270,598	$	8,293,674	$	3,227,366	$	7,747,299	$	5,000	$	5,000
Total Impaired Loans/Leases:
C&I	$	5,996,412	$	6,010,688	$	567,321	$	6,122,311	$	77,389	$	77,389
CRE
Owner-Occupied CRE		436,636		436,636		43,875		438,930		5,822		5,822
Commercial Construction, Land Development, and Other Land		5,430,268		5,430,268		1,627,022		5,137,290		-		-
Other Non Owner-Occupied CRE		1,227,579		1,227,579		-		1,235,654		-		-
Direct Financing Leases		2,975,596		2,975,596		628,379		3,318,706		6,291		6,291
Residential Real Estate		1,458,962		1,556,817		248,592		1,428,999		2,934		2,934
Installment and Other Consumer		281,197		281,197		112,177		248,328		83		83
	$	17,806,650	$	17,918,781	$	3,227,366	$	17,930,218	$	92,519	$	92,519

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
Impaired Loans/Leases with No Specific Allowance Recorded:
C&I	$	1,634,269	$	1,644,706	$	-
CRE
Owner-Occupied CRE		289,261		289,261		-
Commercial Construction, Land Development, and Other Land		-		-		-
Other Non Owner-Occupied CRE		1,171,565		1,171,565		-
Direct Financing Leases		2,944,540		2,944,540		-
Residential Real Estate		943,388		1,018,167		-
Installment and Other Consumer		134,245		134,245		-
	$	7,117,268	$	7,202,484	$	-
Impaired Loans/Leases with Specific Allowance Recorded:
C&I	$	4,613,940	$	4,617,879	$	715,627
CRE
Owner-Occupied CRE		151,962		151,962		48,462
Commercial Construction, Land Development, and Other Land		4,844,312		4,844,312		1,379,235
Other Non Owner-Occupied CRE		72,163		72,163		1,763
Direct Financing Leases		724,953		724,953		504,469
Residential Real Estate		761,458		761,458		355,167
Installment and Other Consumer		68,109		68,109		38,596
	$	11,236,897	$	11,240,836	$	3,043,319
Total Impaired Loans/Leases:
C&I	$	6,248,209	$	6,262,585	$	715,627
CRE
Owner-Occupied CRE		441,222		441,222		48,462
Commercial Construction, Land Development, and Other Land		4,844,312		4,844,312		1,379,235
Other Non Owner-Occupied CRE		1,243,728		1,243,728		1,763
Direct Financing Leases		3,669,492		3,669,492		504,469
Residential Real Estate		1,704,846		1,779,625		355,167
Installment and Other Consumer		202,354		202,354		38,596
	$	18,354,163	$	18,443,318	$	3,043,319

Financing Receivable Credit Quality Indicators [Table Text Block]

	As of March 31, 2018
			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)	$	1,079,132,775	$	337,628,357	$	166,752,090	$	813,622,461	$	2,397,135,683		96.66	%
Special Mention (Rating 6)		20,327,365		5,576,201		1,780,000		15,242,642		42,926,208		1.73	%
Substandard (Rating 7)		22,713,694		3,792,069		2,872,538		10,437,028		39,815,329		1.61	%
Doubtful (Rating 8)		-		-		-		-		-		-
	$	1,122,173,834	$	346,996,627	$	171,404,628	$	839,302,131	$	2,479,877,220		100.00	%

	As of December 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)	$	1,031,963,703	$	318,293,608	$	179,142,839	$	767,119,909	$	2,296,520,059		96.85	%
Special Mention (Rating 6)		10,944,924		8,230,060		1,780,000		10,068,870		31,023,854		1.31	%
Substandard (Rating 7)		24,578,731		6,218,809		5,479,565		7,158,221		43,435,326		1.83	%
Doubtful (Rating 8)		270,559		-		-		-		270,559		0.01	%
	$	1,067,757,917	$	332,742,477	$	186,402,404	$	784,347,000	$	2,371,249,799		100.00	%

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

	As of March 31, 2018
Delinquency Status *	C&I		Direct Financing Leases		Residential Real Estate		Installment and Other Consumer		Total		As a % of Total
Performing	$	77,987,539	$	134,638,869	$	253,025,270	$	95,626,776	$	561,278,454		99.00	%
Nonperforming		924,252		2,975,596		1,458,961		284,793		5,643,602		1.00	%
	$	78,911,791	$	137,614,465	$	254,484,231	$	95,911,569	$	566,922,056		100.00	%

	As of December 31, 2017
Delinquency Status *	C&I		Direct Financing Leases		Residential Real Estate		Installment and Other Consumer		Total		As a % of Total
Performing	$	65,847,177	$	137,778,740	$	256,935,448	$	118,333,529	$	578,894,894		98.88	%
Nonperforming		911,220		3,669,492		1,710,818		277,270		6,568,800		1.12	%
	$	66,758,397	$	141,448,232	$	258,646,266	$	118,610,799	$	585,463,694		100.00	%

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	For the three months ended March 31, 2018								For the three months ended March 31, 2017
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
C&I		-	$	-	$	-	$	-		2	$	133,689	$	133,689	$	-
Residential Real Estate		1		46,320		46,320		-		-		-		-		-
Direct Financing Leases		2		47,524		47,524		-		8		669,861		669,861		-
		3	$	93,844	$	93,844	$	-		10	$	803,550	$	803,550	$	-
CONCESSION - Extension of Maturity
Direct Financing Leases		-	$	-	$	-	$	-		1	$	6,263	$	6,263	$	-
		-	$	-	$	-	$	-		1	$	6,263	$	6,263	$	-
TOTAL		3	$	93,844	$	93,844	$	-		11	$	809,813	$	809,813	$	-