Note 13 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	201 7		2016			2015
Income tax provision (benefit):
Current:
Federal	$	6,319	$	403		$	252
State		675		237			136
Total current		6,994		640			388
Deferred:
Federal		4,906		6,064			3,551
State		1,095		1,052			820
Valuation allowance		--		(897	)		(120	)
Total deferred		6,001		6,219			4,251
Total	$	12,995	$	6,859		$	4,639

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	201 7					201 6					201 5
Taxes at statutory federal income tax rate	$	12,007		35.0	%	$	8,504		35.0	%	$	5,324		35.0	%
Increase (decrease) resulting from:
Graduated tax rates		--		--			(243	)	(1.0	)		(94	)	(0.6	)
State income tax —net of federal benefits		1,142		3.3			865		3.6			484		3.2
Valuation allowance —net		--		--			(897	)	(3.7	)		--		--
Earnings on life insurance policies		(994	)	(2.9	)		(549	)	(2.3	)		(515	)	(3.4	)
Nontaxable investments		(1,260	)	(3.7	)		(677	)	(2.8	)		(619	)	(4.1	)
Change in deferred tax asset related to tax reform		2,355		6.9			--		--			--		--
Other —net		(255	)	(0.7	)		(144	)	(0.6	)		59		0.4
Total	$	12,995		37.9	%	$	6,859		28.2	%	$	4,639		30.5	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	201 7			201 6
Deferred tax assets:
Allowance for loan and lease losses	$	4,964		$	8,278
Discount on purchased loans		839			2,044
Real estate owned		165			263
Section 382 net operating loss carryforward		1,135			1,976
Net operating loss carryforward		--			1,346
Nonaccrual loan interest		969			1,471
Unrealized loss on securities available for sale		--			891
Other		1,245			1,923
Total deferred tax assets		9,317			18,192
Deferred tax liabilities:
Office properties		(2,046	)		(2,964	)
Core deposit intangible		(1,382	)		(2,293	)
Unrealized gain on securities available for sale		(77	)		--
Prepaid expenses and other		(1,201	)		(1,316	)
Total deferred tax liabilities		(4,706	)		(6,573	)
Net deferred tax asset	$	4,611		$	11,619