Note 6 - Allowances For Loan And Leases Losses And Real Estate Losses - 10Q

9 Months Ended

12 Months Ended

Sep. 30, 2013

Dec. 31, 2012

Disclosure Text Block Supplement [Abstract]

Allowance for Credit Losses [Text Block]

6.       ALLOWANCES FOR LOAN AND LEASE LOSSES AND REAL ESTATE OWNED LOSSES

The tables below provide a rollforward of the allowance for loan and lease losses (“ALLL”) by portfolio segment for the three and nine months ended September 30, 2013 and 2012 (in thousands):

	Three Months Ended September 30, 2013
	One- to Four Family Residential			Multifamily Residential		Nonfarm Nonresidential			Construction and Land Development		Commercial			Consumer			Total
Balance, beginning of period	$	6,151		$	580	$	4,435		$	1,213	$	662		$	208		$	13,249
Provision charged to expense		(114	)		458		(246	)		112		(113	)		(97	)		--
Losses charged off		(280	)		--		--			--		--			(32	)		(312	)
Recoveries		118			--		--			12		3			8			141
Balance, end of period	$	5,875		$	1,038	$	4,189		$	1,337	$	552		$	87		$	13,078

	Nine Months Ended September 30, 2013
	One- to Four Family Residential			Multifamily Residential			Nonfarm Nonresidential			Construction and Land Development			Commercial			Consumer			Total
Balance, beginning of period	$	5,099		$	1,319		$	6,949		$	1,130		$	956		$	223		$	15,676
Provision charged to expense		1,630			595			(2,251	)		203			(101	)		(76	)		--
Losses charged off		(1,026	)		(876	)		(1,009	)		(115	)		(380	)		(107	)		(3,513	)
Recoveries		172			--			500			119			77			47			915
Balance, end of period	$	5,875		$	1,038		$	4,189		$	1,337		$	552		$	87		$	13,078

	Three Months Ended September 30, 2012
	One- to Four-Family Residential			Multifamily Residential		Nonfarm Nonresidential			Construction and Land Development			Commercial		Consumer			Total
Balance, beginning of period	$	6,633		$	886	$	7,688		$	1,584		$	313	$	160		$	17,264
Provision charged to expense		400			341		(734	)		(294	)		148		139			--
Losses charged off		(347	)		--		(293	)		(269	)		--		(79	)		(988	)
Recoveries		143			--		8			(22	)		8		19			156
Balance, end of period	$	6,829		$	1,227	$	6,669		$	999		$	469	$	239		$	16,432

	Nine Months Ended September 30, 2012
	One- to Four-Family Residential			Multifamily Residential			Nonfarm Nonresidential			Construction and Land Development			Commercial			Consumer			Total
Balance, beginning of period	$	6,999		$	2,654		$	7,316		$	2,651		$	972		$	226		$	20,818
Provision charged to expense		1,014			(447	)		1,856			(2,045	)		(540	)		184			22
Losses charged off		(1,393	)		(997	)		(2,510	)		(327	)		--			(233	)		(5,460	)
Recoveries		209			17			7			720			37			62			1,052
Balance, end of period	$	6,829		$	1,227		$	6,669		$	999		$	469		$	239		$	16,432

The tables below present the allocation of the ALLL and the related loans receivable balances disaggregated on the basis of impairment method by portfolio segment as of September 30, 2013 and December 31, 2012 (in thousands):

	September 30, 2013
	One- to Four-Family Residential		Multifamily Residential		Nonfarm Nonresidential		Construction and Land Development		Commercial		Consumer		Total
ALLL Balances:
Individually evaluated for impairment	$	265	$	--	$	1,051	$	674	$	1	$	5	$	1,996
Collectively evaluated for impairment		5,610		1,038		3,138		663		551		82		11,082
Ending balance	$	5,875	$	1,038	$	4,189	$	1,337	$	552	$	87	$	13,078
Loan balances:
Individually evaluated for impairment	$	5,427	$	--	$	4,495	$	3,378	$	26	$	9	$	13,335
Collectively evaluated for impairment		128,914		25,641		156,939		14,994		17,388		4,818		348,694
Ending balance	$	134,341	$	25,641	$	161,434	$	18,372	$	17,414	$	4,827	$	362,029

	December 31, 2012
	One- to Four-Family Residential		Multifamily Residential		Nonfarm Nonresidential		Construction and Land Development		Commercial		Consumer		Total
ALLL Balances:
Individually evaluated for impairment	$	275	$	--	$	778	$	130	$	380	$	2	$	1,565
Collectively evaluated for impairment		4,824		1,319		6,171		1,000		576		221		14,111
Ending balance	$	5,099	$	1,319	$	6,949	$	1,130	$	956	$	223	$	15,676
Loan balances:
Individually evaluated for impairment	$	8,142	$	3,459	$	8,472	$	4,133	$	402	$	32	$	24,640
Collectively evaluated for impairment		149,794		17,331		129,542		10,418		15,681		5,786		328,552
Ending balance	$	157,936	$	20,790	$	138,014	$	14,551	$	16,083	$	5,818	$	353,192

A summary of the activity in the allowance for losses on real estate owned is as follows for the three and nine months ended September 30, 2013 and 2012 (in thousands):

	Three Months Ended						Nine Months Ended
	September 30, 2013			September 30, 2012			September 30, 2013			September 30, 2012
Balance—beginning of period	$	9,406		$	19,649		$	14,877		$	20,934
Provisions for estimated losses		358			277			577			585
Recoveries		--			--			--			--
Losses charged off		(111	)		(2,045	)		(5,801	)		(3,638	)
Balance—end of period	$	9,653		$	17,881		$	9,653		$	17,881

7.        ALLOWANCES FOR LOAN AND LEASE LOSSES AND REAL ESTATE LOSSES

The tables below provide a rollforward of the allowance for loan and lease losses by portfolio segment for the years ended December 31, 2012 and 2011 (in thousands):

Year Ended December 31, 2012	One- to four- family residential			Home equity and second mortgage			Multifamily residential			Commercial real estate			One- to four- family construction			Other construction and land			Commercial			Consumer			Total
ALLL:
Balance, beginning of year	$	6,306		$	693		$	2,654		$	7,316		$	84		$	2,567		$	972		$	226		$	20,818
Provision charged to expense		(340	)		58			(355	)		2,141			(33	)		(1,803	)		162			192			22
Losses charged off		(1,620	)		(223	)		(997	)		(2,517	)		--			(407	)		(237	)		(269	)		(6,270	)
Recoveries		114			111			17			9			--			722			59			74			1,106
Balance, end of year	$	4,460		$	639		$	1,319		$	6,949		$	51		$	1,079		$	956		$	223		$	15,676
Ending balance: individually evaluated for impairment	$	207		$	68		$	--		$	778		$	--		$	130		$	380		$	2		$	1,565
Ending balance: collectively evaluated for impairment	$	4,253		$	571		$	1,319		$	6,171		$	51		$	949		$	576		$	221		$	14,111
Loan balances (1):
Ending balance	$	149,484		$	8,452		$	20,790		$	138,014		$	803		$	13,748		$	16,083		$	5,818		$	353,192
Ending balance: individually evaluated for impairment	$	7,742		$	400		$	3,459		$	8,472		$	130		$	4,003		$	402		$	32		$	24,640
Ending balance: collectively evaluated for impairment	$	141,742		$	8,052		$	17,331		$	129,542		$	673		$	9,745		$	15,681		$	5,786		$	328,552

Year Ended December 31, 2011	One- to four- family residential			Home equity and second mortgage			Multifamily residential			Commercial real estate			One- to four-family construction			Other construction and land			Commercial			Consumer			Total
ALLL:
Balance, beginning of year	$	5,440		$	1,275		$	6,581		$	9,491		$	81		$	4,035		$	3,543		$	638		$	31,084
Provision charged to expense		3,993			(160	)		(1,132	)		189			31			204			(2,139	)		(127	)		859
Losses charged off		(3,177	)		(486	)		(2,795	)		(2,375	)		(28	)		(2,190	)		(517	)		(409	)		(11,977	)
Recoveries		50			64			--			11			--			518			85			124			852
Balance, end of year	$	6,306		$	693		$	2,654		$	7,316		$	84		$	2,567		$	972		$	226		$	20,818
Ending balance: individually evaluated for impairment	$	305		$	81		$	703		$	1,879		$	--		$	280		$	--		$	45		$	3,293
Ending balance: collectively evaluated for impairment	$	6,001		$	612		$	1,951		$	5,437		$	84		$	2,287		$	972		$	181		$	17,525
Loan balances (1):
Ending balance	$	183,158		$	12,502		$	20,476		$	95,920		$	1,724		$	23,288		$	7,603		$	8,015		$	352,686
Ending balance: individually evaluated for impairment	$	13,085		$	831		$	8,133		$	13,238		$	--		$	3,683		$	72		$	119		$	39,161
Ending balance: collectively evaluated for impairment	$	170,073		$	11,671		$	12,343		$	82,682		$	1,724		$	19,605		$	7,531		$	7,896		$	313,525

(1) Gross of unearned discounts and net loan costs and the allowance for loan and lease losses

Activity in the allowance for real estate losses is as follows for the years ended   (in thousands):

	Year Ended December 31
	2012			2011
Balance—beginning of year	$	20,934		$	7,841
Provisions for estimated losses		1,388			17,335
Losses charged off		(7,445	)		(4,242	)
Balance—end of year	$	14,877		$	20,934