Note 6 - Allowances for Loan and Lease Losses and Real Estate Losses

3 Months Ended

Mar. 31, 2015

Disclosure Text Block Supplement [Abstract]

Allowance for Credit Losses [Text Block]

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

The tables below provide a rollforward of the allowance for loan and lease losses (“ALLL”) by portfolio segment for the three months ended March 31, 2015 and 2014 (in thousands):

	December 31, 2014		Provision (Reversals)			Charge-offs			Recoveries		March 31, 2015
One- to four-family residential	$	4,488	$	(210	)	$	(79	)	$	20	$	4,219
Multifamily residential		791		(158	)		--			--		633
Nonfarm nonresidential		4,243		(306	)		--			33		3,970
Farmland		342		145			--			--		487
Construction and land development		1,023		(54	)		--			101		1,070
Commercial		2,315		(659	)		--			3		1,659
Consumer		101		29			(54	)		31		107
Purchased credit impaired		357		1,513			(253	)		--		1,617
Total	$	13,660	$	300		$	(386	)	$	188	$	13,762

	December 31, 2013		Provision (Reversals)			Charge-offs			Recoveries		March 31, 2014
One- to four-family residential	$	4,549	$	(144	)	$	(8	)	$	10	$	4,407
Multifamily residential		1,001		(154	)		--			--		847
Nonfarm nonresidential		4,271		(26	)		(113	)		2		4,134
Farmland		158		(6	)		--			--		152
Construction and land development		1,383		(213	)		(152	)		41		1,059
Commercial		1,268		530			--			1		1,799
Consumer		81		13			(28	)		14		80
Purchased credit impaired		--		--			--			--		--
Total	$	12,711	$	--		$	(301	)	$	68	$	12,478

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 March 31, 2015 and December 31, 2014 (in thousands):

	Allowance for Loan and Lease Losses						Loan Balances
March 31, 2015	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Purchased Credit Impaired		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Purchased Credit Impaired
One- to four-family residential	$	201	$	4,018	$	370	$	5,196	$	305,742	$	4,208
Multifamily residential		--		633		--		--		51,673		--
Nonfarm nonresidential		550		3,420		647		3,051		324,213		9,106
Farmland		120		367		--		731		49,427		86
Construction and land development		45		1,025		44		681		96,937		3,300
Commercial		--		1,659		556		536		150,875		1,502
Consumer		11		96		--		66		32,436		111
Total	$	927	$	11,218	$	1,617	$	10,261	$	1,011,303	$	18,313

	Allowance for Loan and Lease Losses						Loan Balances
December 31, 2014	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Purchased Credit Impaired		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Purchased Credit Impaired
One- to four-family residential	$	251	$	4,237	$	68	$	5,441	$	310,701	$	4,347
Multifamily residential		--		791		--		--		45,181		--
Nonfarm nonresidential		580		3,663		289		3,113		357,186		9,675
Farmland		123		219		--		734		46,379		86
Construction and land development		45		978		--		708		94,518		3,368
Commercial		--		2,315		--		306		138,315		1,250
Consumer		12		89		--		34		33,638		137
Total	$	1,011	$	12,292	$	357	$	10,336	$	1,025,918	$	18,863

A summary of the activity in the allowance for losses on real estate owned is as follows for the three months ended March 31, 2015 and 2014 (in thousands):

	Three Months Ended
	March 31, 2015			March 31, 2014
Balance—beginning of period	$	6,575			8,794
Provisions for estimated losses		--			242
Losses charged off		(7	)		(893	)
Balance—end of period	$	6,568			8,143