Note 4 - Loans and Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2012

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

	September 30, 2012						December 31, 2011						September 30, 2011
(dollars in thousands)	Amount			%			Amount			%			Amount			%
Commercial	$	534,133			23	%	$	478,886			23	%	$	470,103			23	%
Investment - commercial real estate (1)		942,770			39	%		756,645			37	%		772,728			38	%
Owner occupied - commercial real estate		306,148			13	%		250,174			12	%		245,497			12	%
Real estate mortgage - residential		57,952			2	%		39,552			2	%		37,662			2	%
Construction - commercial and residential (1)		437,954			18	%		395,267			19	%		374,394			18	%
Construction - C&I (owner occupied) (1)		14,739			1	%		34,402			2	%		31,035			2	%
Home equity		98,930			4	%		97,103			5	%		94,008			5	%
Other consumer		5,043			-			4,227			-			4,218			-
Total loans		2,397,669			100	%		2,056,256			100	%		2,029,645			100	%
Less: Allowance for Credit Losses		(35,582	)					(29,653	)					(28,599	)
Net loans	$	2,362,087					$	2,026,603					$	2,001,046

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

(dollars in thousands)	Commercial			Investment Commercial Real Estate			Owner occupied Commercial Real Estate			Real Estate Mortgage Residential			Construction Commercial and Residential			Home Equity			Other Consumer			Total
Three months ended September 30, 2012
Allowance for credit losses:
Balance at beginning of period	$	8,877		$	8,720		$	2,390		$	-		$	12,484		$	1,433		$	174		$	34,078
Loans charged-off		(69	)		-			(350	)		-			(1,554	)		(250	)		(28	)		(2,251	)
Recoveries of loans previously charged-off		41			-			-			-			6			70			-			117
Net loan charged-off		(28	)		-			(350	)		-			(1,548	)		(180	)		(28	)		(2,134	)
Provision for credit losses		519			3			451			-			2,067			449			149			3,638
Ending balance	$	9,368		$	8,723		$	2,491		$	-		$	13,003		$	1,702		$	295		$	35,582
Nine months ended September 30, 2012
Allowance for credit losses:
Balance at beginning of period	$	9,609		$	7,304		$	1,898		$	399		$	8,546		$	1,528		$	369		$	29,653
Loans charged-off		(1,831	)		(1,189	)		(350	)		(300	)		(2,544	)		(511	)		(37	)		(6,762	)
Recoveries of loans previously charged-off		69			18			-			-			480			71			2			640
Net loan charged-off		(1,762	)		(1,171	)		(350	)		(300	)		(2,064	)		(440	)		(35	)		(6,122	)
Provision for credit losses		1,521			2,590			943			(99	)		6,521			614			(39	)		12,051
Ending balance	$	9,368		$	8,723		$	2,491		$	-		$	13,003		$	1,702		$	295		$	35,582
For the Period Ended September 30, 2012
Allowance for credit losses:
Individually evaluated for impairment	$	2,256		$	863		$	413		$	-		$	3,381		$	380		$	4		$	7,297
Collectively evaluated for impairment		7,112			7,860			2,078			-			9,622			1,322			291			28,285
Ending balance	$	9,368		$	8,723		$	2,491		$	-		$	13,003		$	1,702		$	295		$	35,582

(dollars in thousands)	Commercial			Investment Commercial Real Estate			Owner occupied Commercial Real Estate			Real Estate Mortgage Residential			Construction Commercial and Residential			Home Equity			Other Consumer			Total
Three months ended September 30, 2011
Allowance for credit losses:
Balance at beginning of period	$	9,050		$	7,303		$	2,046		$	365		$	7,131		$	1,508		$	72		$	27,475
Loans charged-off		(1,273	)		-			-			(1	)		(216	)		(209	)		(81	)		(1,780	)
Recoveries of loans previously charged-off		9			-			-			3			3			1			1			17
Net loan charged-off		(1,264	)		-			-			2			(213	)		(208	)		(80	)		(1,763	)
Provision for credit losses		1,057			357			(49	)		(367	)		1,510			301			78			2,887
Ending balance	$	8,843		$	7,660		$	1,997		$	-		$	8,428		$	1,601		$	70		$	28,599
Nine months ended September 30, 2011
Allowance for credit losses:
Balance at beginning of period	$	8,630		$	6,668		$	2,064		$	115		$	5,745		$	1,441		$	91		$	24,754
Loans charged-off		(3,073	)		(277	)		-			(95	)		(957	)		(209	)		(87	)		(4,698	)
Recoveries of loans previously charged-off		23			126			-			3			170			2			1			325
Net loan charged-off		(3,050	)		(151	)		-			(92	)		(787	)		(207	)		(86	)		(4,373	)
Provision for credit losses		3,263			1,143			(67	)		(23	)		3,470			367			65			8,218
Ending balance	$	8,843		$	7,660		$	1,997		$	-		$	8,428		$	1,601		$	70		$	28,599
For the Period Ended September 30, 2011
Allowance for credit losses:
Individually evaluated for impairment	$	1,933		$	759		$	90		$	-		$	1,525		$	283		$	4		$	4,594
Collectively evaluated for impairment		6,910			6,901			1,907			-			6,903			1,318			66			24,005
Ending balance	$	8,843		$	7,660		$	1,997		$	-		$	8,428		$	1,601		$	70		$	28,599

Schedule Of Recorded Investment In Loans [Table Text Block]

(dollars in thousands)	Commercial		Investment Commercial Real Estate		Owner occupied Commercial Real Estate		Real Estate Mortgage Residential		Construction Commercial and Residential		Home Equity		Other Consumer		Total
September 30, 2012
Recorded investment in loans:
Individually evaluated for impairment	$	14,054	$	11,624	$	6,455	$	-	$	36,110	$	670	$	8	$	68,921
Collectively evaluated for impairment		520,079		931,146		299,693		57,952		416,583		98,260		5,035		2,328,748
Ending balance	$	534,133	$	942,770	$	306,148	$	57,952	$	452,693	$	98,930	$	5,043	$	2,397,669
December 31, 2011
Recorded investment in loans:
Individually evaluated for impairment	$	11,741	$	9,304	$	5,280	$	751	$	26,855	$	363	$	1,345	$	55,639
Collectively evaluated for impairment		467,145		747,341		244,894		38,801		402,814		96,740		2,882		2,000,617
Ending balance	$	478,886	$	756,645	$	250,174	$	39,552	$	429,669	$	97,103	$	4,227	$	2,056,256
September 30, 2011
Recorded investment in loans:
Individually evaluated for impairment	$	12,360	$	8,923	$	4,507	$	-	$	28,709	$	424	$	8	$	54,931
Collectively evaluated for impairment		457,743		763,805		240,990		37,662		376,720		93,584		4,210		1,974,714
Ending balance	$	470,103	$	772,728	$	245,497	$	37,662	$	405,429	$	94,008	$	4,218	$	2,029,645

Investment [Table Text Block]

(dollars in thousands)	Pass		Watch and Special Mention		Substandard		Doubtful		Total Loans
September 30, 2012
Commercial	$	493,361	$	26,718	$	14,037	$	17	$	534,133
Investment - commercial real estate		920,553		10,593		11,624		-		942,770
Owner occupied - commercial real estate		285,292		14,401		6,455		-		306,148
Real estate mortgage – residential		57,952		-		-		-		57,952
Construction - commercial and residential		397,246		19,337		36,110		-		452,693
Home equity		96,674		1,586		670		-		98,930
Other consumer		4,990		45		8		-		5,043
Total	$	2,256,068	$	72,680	$	68,904	$	17	$	2,397,669
December 31, 2011
Commercial	$	438,943	$	28,202	$	11,704	$	37	$	478,886
Investment - commercial real estate		739,668		7,673		9,304		-		756,645
Owner occupied - commercial real estate		235,988		8,906		5,280		-		250,174
Real estate mortgage – residential		38,801		-		751		-		39,552
Construction - commercial and residential		394,135		8,679		26,855		-		429,669
Home equity		96,740		-		363		-		97,103
Other consumer		2,882		-		1,345		-		4,227
Total	$	1,947,157	$	53,460	$	55,602	$	37	$	2,056,256
September 30, 2011
Commercial	$	426,834	$	30,909	$	12,127	$	233	$	470,103
Investment - commercial real estate		753,767		10,038		8,923		-		772,728
Owner occupied - commercial real estate		232,236		8,754		4,507		-		245,497
Real estate mortgage – residential		37,662		-		-		-		37,662
Construction - commercial and residential		368,926		7,793		28,710		-		405,429
Home equity		93,584		-		424		-		94,008
Other consumer		4,210		-		8		-		4,218
Total	$	1,917,219	$	57,494	$	54,699	$	233	$	2,029,645

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

(dollars in thousands)	September 30, 2012		December 31, 2011		September 30, 2011
Commercial	$	5,282	$	5,718	$	5,740
Investment - commercial real estate		3,647		7,662		4,412
Owner occupied - commercial real estate		2,374		282		1,080
Real estate mortgage - residential		713		1,041		1,049
Construction - commercial and residential		19,730		17,459		18,481
Home equity		670		624		664
Other consumer		7		8		8
Total nonperforming loans (1)(2)	$	32,423	$	32,794	$	31,434

Past Due Financing Receivables [Table Text Block]

(dollars in thousands)	Loans 30-59 Days Past Due		Loans 60-89 Days Past Due		Loans 90 Days or More Past Due		Total Past Due Loans		Current Loans		Total Recorded Investment in Loans
September 30, 2012
Commercial	$	9,031	$	5,201	$	5,282	$	19,514	$	514,619	$	534,133
Investment - commercial real estate		1,082		2,626		3,647		7,355		935,415		942,770
Owner occupied - commercial real estate		2,593		4,081		2,374		9,048		297,100		306,148
Real estate mortgage – residential		743		107		713		1,563		56,389		57,952
Construction - commercial and residential		10,138		5,309		19,730		35,177		417,516		452,693
Home equity		148		726		670		1,544		97,386		98,930
Other consumer		7		15		7		29		5,014		5,043
Total	$	23,742	$	18,065	$	32,423	$	74,230	$	2,323,439	$	2,397,669

Impaired Financing Receivables [Table Text Block]

	Unpaid		Recorded		Recorded						Average Recorded				Interest Income
	Contractual		Investment		Investment		Total				Investment				Recognized
	Principal		With No		With		Recorded		Related		Quarter		Year		Quarter		Year
(dollars in thousands)	Balance		Allowance		Allowance		Investment		Allowance		To Date		To Date		To Date		To Date
September 30, 2012
Commercial	$	7,282	$	3,587	$	3,695	$	7,282	$	2,256	$	6,622	$	8,080	$	48	$	94
Investment - commercial real estate		5,789		3,830		1,959		5,789		863		5,840		8,010		38		114
Owner occupied - commercial		2,374		1,315		1,059		2,374		413		2,024		1,152		39		39
Real estate mortgage – residential		713		713		-		713		-		714		800		-		-
Construction - commercial and residential		24,371		14,225		10,146		24,371		3,381		25,680		25,796		56		139
Home equity		670		132		538		670		380		547		562		8		8
Other consumer		7		-		7		7		4		8		8		-		-
Total	$	41,206	$	23,802	$	17,404	$	41,206	$	7,297	$	41,435	$	44,408	$	189	$	394
December 31, 2011
Commercial	$	10,695	$	2,723	$	7,972	$	10,695	$	2,249	$	-	$	7,955	$	-	$	161
Investment - commercial real estate		11,205		8,222		2,983		11,205		724		-		8,298		-		159
Owner occupied - commercial		282		-		282		282		90		-		488		-		6
Real estate mortgage – residential		1,041		8		1,033		1,041		300		-		1,112		-		24
Construction - commercial and residential		22,812		17,407		5,405		22,812		1,530		-		22,254		-		14
Home equity		624		353		271		624		182		-		557		-		19
Other consumer		8		-		8		8		4		-		6		-		-
Total	$	46,667	$	28,713	$	17,954	$	46,667	$	5,079	$	-	$	40,670	$	-	$	383
September 30, 2011
Commercial	$	10,742	$	6,390	$	4,352	$	10,742	$	1,933	$	7,696	$	5,426	$	255	$	255
Investment - commercial real estate		6,750		3,685		3,065		6,750		759		7,306		5,876		117		117
Owner occupied - commercial		1,080		791		289		1,080		90		688		385		4		4
Real estate mortgage – residential		1,049		1,049		-		1,049		-		1,048		1,042		16		16
Construction - commercial and residential		23,752		8,770		14,982		23,752		1,525		22,445		19,286		171		171
Home equity		664		240		424		664		283		655		366		12		12
Other consumer		8		-		8		8		4		9		3		-		-
Total	$	44,045	$	20,925	$	23,120	$	44,045	$	4,594	$	39,847	$	32,384	$	575	$	575

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

(dollars in thousands)	Number of Contracts		TDRs Performing to Modified Terms		TDRs Not Performing to Modified Terms		Total TDRs
September 30, 2012
Commercial		1	$	2,000	$	-	$	2,000
Investment - commercial real estate		2		2,142		217		2,359
Construction - commercial and residential		2		4,641		980		5,621
Total		5	$	8,783	$	1,197	$	9,980
December 31, 2011
Commercial		2	$	4,977	$	-	$	4,977
Investment - commercial real estate		2		3,543		-		3,543
Construction - commercial and residential		2		5,353		-		5,353
Total		6	$	13,873	$	-	$	13,873