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

3 Months Ended

Mar. 31, 2016

Notes to Financial Statements

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, 2016 and 2015 (in thousands):

	January 1, 2016		Provision (Reversals)			Charge-offs			Recoveries		March 31, 2016
One- to four-family residential	$	3,870	$	9		$	(90	)	$	6	$	3,795
Multifamily residential		665		123			(1	)		--		787
Nonfarm nonresidential		3,599		(284	)		(9	)		--		3,306
Farmland		714		(49	)		--			--		665
Construction and land development		1,456		57			--			58		1,571
Commercial		2,565		644			(67	)		3		3,145
Consumer		166		71			(83	)		22		176
Purchased credit impaired		1,515		(82	)		(37	)		25		1,421
Total	$	14,550	$	489		$	(287	)	$	114	$	14,866

	January 1, 2015		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

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, 2016 and December 31, 2015 (in thousands):

	Allowance for Loan and Lease Losses						Loan Balances
March 31, 2016	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	$	109	$	3,686	$	383	$	8,641	$	383,086	$	3,128
Multifamily residential		--		787		--		157		79,101		--
Nonfarm nonresidential		148		3,158		464		5,657		460,715		9,634
Farmland		--		665		--		817		92,497		66
Construction and land development		84		1,487		21		949		114,246		2,088
Commercial		457		2,688		553		4,208		253,266		1,005
Consumer		5		171		--		260		37,353		60
Total	$	803	$	12,642	$	1,421	$	20,689	$	1,420,264	$	15,981

	Allowance for Loan and Lease Losses						Loan Balances
December 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	$	83	$	3,787	$	381	$	6,660	$	391,187	$	3,189
Multifamily residential		--		665		--		230		73,996		--
Nonfarm nonresidential		522		3,077		552		6,638		471,160		9,886
Farmland		112		602		--		972		93,193		70
Construction and land development		89		1,367		21		701		113,187		2,127
Commercial		250		2,315		561		4,235		241,057		1,012
Consumer		5		161		--		188		38,343		63
Total	$	1,061	$	11,974	$	1,515	$	19,624	$	1,422,123	$	16,347

A summary of the activity in the allowance for losses on real estate owned is as follows for the three months ended March 31, 2016 and 2015 (in thousands):

	Three Months Ended
	March 31, 2016			March 31, 2015
Balance—beginning of period	$	4,268		$	6,575
Provisions for estimated losses		8			--
Losses charged off		(19	)		(7	)
Balance—end of period	$	4,257		$	6,568