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Note 2 - Securities (Tables)

6 Months Ended

Jun. 30, 2013

Investments Schedule [Abstract]

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

		As of June 30, 2013
		Amortized				Unrealized												Fair
		Cost				Gains				Losses				OTTI				Value
		(Dollars in thousands)
Securities available-for-sale
Debt securities
U.S. Treasury and other U.S. government sponsored enterprises and agencies		$	91,382			$	18			$	(3,773	)		$	-			$	87,627
Obligations of state and political subdivisions			18,661				176				(844	)			-				17,993
Corporate			6,068				193				-				-				6,261
Mortgage-backed securities and collateralized mortgage obligations
Government issued or guaranteed			57,101				682				(859	)			-				56,924
Privately issued residential			639				349				(1	)			(317	)			670
Asset backed securities			164				145				-				(162	)			147
Equity Securities
Community Reinvestment Act (“CRA”) funds			14,278				-				(336	)			-				13,942
Total available-for-sale securities		$	188,293			$	1,563			$	(5,813	)		$	(479	)		$	183,564

Securities held-to-maturity
Obligations of state and political subdivisions		$	4,047			$	398			$	-			$	-			$	4,445
Total held-to-maturity securities		$	4,047			$	398			$	-			$	-			$	4,445

Other investments
Federal Home Loan Bank (“FHLB”)(1)/Federal Reserve Bank stock (2)		$	4,918			$	-			$	-			$	-			$	4,918
Investment in subsidiary trust (3)			1,083				-				-				-				1,083
Total other investments		$	6,001			$	-			$	-			$	-			$	6,001

		As of December 31, 2012
		Amortized				Unrealized												Fair
		Cost				Gains				Losses				OTTI				Value
Securities available-for-sale
Debt securities
U.S. Treasury and other U.S. government sponsored enterprises and agencies		$	70,892			$	362			$	(73	)		$	—			$	71,181
Obligations of state and political subdivisions			12,810				579				—				—				13,389
Corporate			6,080				270				—				—				6,350
Mortgage-backed securities and collateralized mortgage obligations:
Government issued or guaranteed			56,572				1,369				—				—				57,941
Privately issued residential			718				330				—				(365	)			683
Asset backed securities			187				129				—				(173	)			143
Equity securities
Investment in CRA funds			14,128				233				—				—				14,361

Total available-for-sale securities		$	161,387			$	3,272			$	(73	)		$	(538	)		$	164,048

Securities held-to-maturity
Obligations of state and political subdivisions		$	4,046			$	711			$	—			$	—			$	4,757

Total held-to-maturity securities		$	4,046			$	711			$	—			$	—			$	4,757

Other investments
FHLB (1)/Federal Reserve Bank (2) stock			4,509				—				—				—				4,509
Investment in subsidiary trust (3)			1,083				—				—				—				1,083

Total other investments		$	5,592			$	—			$	—			$	—			$	5,592

Unrealized Gain (Loss) on Investments [Table Text Block]

		As of June 30, 2013
		Less Than 12 Months								Greater Than 12 Months								Total
		Fair Value				Unrealized Losses				Fair Value				Unrealized Losses				Fair Value				Unrealized Losses
		(Dollars in thousands)
Securities available-for-sale
U.S. Treasury and other U.S. government sponsored enterprises and agencies		$	82,617			$	(3,773	)		$	—			$	—			$	82,617			$	(3,773	)
Obligations of state and political subdivisions			14,289				(844	)			—				—				14,289				(844	)
Mortgage-backed securities and collateralized mortgage obligations
Government issued or guaranteed			31,360				(859	)			—				—				31,360				(859	)
Asset backed securities			64				(1	)											64				(1	)
CRA funds			13,941				(336	)											13,941				(336	)
Total securities		$	142,271			$	(5,813	)		$	—			$	—			$	142,271			$	(5,813	)

		As of December 31, 2012
		Less Than 12 Months								Greater Than 12 Months								Total
		Fair Value				Unrealized Losses				Fair Value				Unrealized Losses				Fair Value				Unrealized Losses
		(Dollars in thousands)
Securities available-for-sale
U.S. Treasury and other U.S. government sponsored enterprises and agencies		$	9,921			$	(73	)		$	—			$	—			$	9,921			$	(73	)
Mortgage-backed securities and collateralized mortgage obligations
Privately issued residential			—				—				72				—				72				—
Total securities		$	9,921			$	(73	)		$	72			$	—			$	9,993			$	(73	)

Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]

		Impairment related to credit losses
		Three months ended June 30, 2013				Six months ended June 30, 2013
		(In thousands)
Credit losses at beginning of period		$	1,732			$	1,716
Transfers from accumulated other comprehensive income (loss) to OTTI related to credit losses			16				32
Credit losses at end of period		$	1,748			$	1,748

Investments Classified by Contractual Maturity Date [Table Text Block]

		Securities Available-for-sale								Securities Held-to-maturity
		Amortized Cost				Fair Value				Amortized Cost				Fair Value
Within one year		$	701			$	702			$	—			$	—
Within two to five years			22,556				22,460				—				—
Within six to ten years			75,677				72,283				—				—
After ten years			17,341				16,583				4,047				4,445
Mortgage-backed securities and collateralized mortgage obligations			57,740				57,594				—				—
Total debt securities		$	174,015			$	169,622			$	4,047			$	4,445

Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income.

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