Note 5 - Loans Receivable (Tables)

3 Months Ended

Dec. 31, 2012

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

	December 31, 2012		September 30, 2012
Loans not covered by loss sharing agreements:
1-4 family residential real estate mortgage	$	103,707,236	$	105,514,544
Commercial real estate		249,612,987		251,379,010
Commercial		17,820,303		16,596,833
Real estate construction		46,772,520		45,369,190
Consumer and other		17,897,522		18,107,198
Loans receivable, net of undisbursed proceeds of loans in process		435,810,568		436,966,775
Less:
Unamortized loan origination fees, net		1,058,414		1,101,481
Allowance for loan losses		8,382,355		8,189,895

Total loans not covered, net	$	426,369,799	$	427,675,399

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]

	December 31, 2012
	Impaired Loans at Acquisition		All Other Acquired Loans		Total Covered Loans
Loans covered by loss sharing agreements
1-4 family residential real estate	$	4,691,507	$	8,977,666	$	13,669,173
Commercial real estate		65,219,748		78,715,378		143,935,126
Commercial		10,969,916		10,264,766		21,234,682
Real estate construction		1,304,345		130,000		1,434,345
Consumer and other		628,066		4,824,710		5,452,776
Loans receivable, gross		82,813,582		102,912,520		185,726,102
Less:
Non-accretable difference		11,931,593		4,501,132		16,432,725
Allowance for covered loan losses		1,210,566		7,748,436		8,959,002
Accretable discount		8,225,435		2,542,181		10,767,616
Discount on acquired performing loans		-		269,409		269,409
Unamortized loan origination fees, net		-		28,802		28,802
Total loans covered, net	$	61,445,988	$	87,822,560	$	149,268,548

	September 30, 2012
	Impaired Loans at Acquisition		All Other Acquired Loans		Total Covered Loans
Loans covered by loss sharing agreements:
1-4 family residential real estate mortgage	$	5,619,110	$	9,421,190	$	15,040,300
Commercial real estate		71,806,980		88,353,272		160,160,252
Commercial		12,081,845		13,885,559		25,967,404
Real estate construction		1,321,752		559,675		1,881,427
Consumer and other		708,832		5,458,309		6,167,141
Loans receivable, gross		91,538,519		117,678,005		209,216,524
Less:
Non-accretable difference		14,285,220		5,096,952		19,382,172
Allowance for covered loan losses		1,793,943		8,546,872		10,340,815
Accretable discount		9,869,297		3,055,050		12,924,347
Discount on acquired performing loans		—		308,728		308,728
Unamortized loan origination fees, net		—		32,146		32,146

Total loans covered, net	$	65,590,059	$	100,638,257	$	166,228,316

Accretable Discount on Acquired Loans Table Text Block

	Impaired Loans At Acquisition			All Other Acquired Loans			Total Covered Loans
Balance, September 30, 2011	$	16,893,100		$	4,705,432		$	21,598,532
Loan accretion		(7,023,803	)		(1,650,382	)		(8,674,185	)
Balance, September 30, 2012		9,869,297			3,055,050			12,924,347
Loan accretion		(1,730,145	)		(512,869	)		(2,243,014	)
Transfer from non-accretable difference		86,283			—			86,283

Balance, December 31, 2012	$	8,225,435		$	2,542,181		$	10,767,616

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

	Three Months Ended December 31,
	2012			2011
Balance, beginning of period	$	10,340,815		$	6,892,425
Loans charged-off (gross)		(2,717,463	)		(4,020,868	)
Recoveries on loans previously charged-off		10,650			-
Provision for loan losses charged to FDIC receivable		1,230,250			2,400,000
Provision for loan losses charged to operations		94,750			600,000
Balance, end of period	$	8,959,002		$	5,871,557

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

	Three Months Ended December 31, 2012			Year Ended September 30, 2012
Balance, beginning of period	$	35,135,533		$	96,777,791
Payments made to (received from) FDIC		7,836,747			(80,528,485	)
Accretion of fair value adjustment		147,674			1,461,779
Recovery of previous loss reimbursements		(3,082,024	)		(3,252,736	)
Provision for estimated losses on covered assets recognized in noninterest expense		1,425,814			15,976,659
External expenses qualifying under loss sharing agreements		1,357,626			4,700,525
Balance, end of period	$	42,821,370		$	35,135,533

Past Due Financing Receivables [Table Text Block]

	December 31, 2012		September 30, 2012
1-4 family residential real estate	$	2,103,104	$	2,038,340
Commercial real estate		780,987		771,711
Commercial		184,851		191,499
Real estate construction		—		—
Consumer and other		41,856		42,363
Total	$	3,110,798	$	3,043,913

Impaired Financing Receivables [Table Text Block]

							Three Months Ended December 31, 2012
	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Investment in Impaired Loans		Interest Income Recognized
With no related allowance recorded:
1-4 family residential real estate	$	2,244,408	$	2,599,030	$	-	$	2,603,030	$	3,219
Commercial real estate		8,159,971		9,257,345		-		9,442,893		102,471
Commercial		184,851		200,831		-		203,097		-
Real estate construction		5,825		34,744		-		34,779		101
Subtotal:		10,595,056		12,091,950		-		12,283,799		105,791
With an allowance recorded:
1-4 family residential real estate	$	-	$	-	$	-	$	-	$	-
Commercial real estate		3,850,467		3,850,466		23,092		4,176,352		10,623
Commercial		2,522,943		2,522,943		14,923		2,608,525		5,172
Real estate construction		-		-		-		-		-
Subtotal:		6,373,409		6,373,409		38,015		6,784,877		15,795
Totals:
1-4 family residential real estate	$	2,244,408	$	2,599,030	$	-	$	2,603,030	$	3,219
Commercial real estate		12,010,438		13,107,811		23,092		13,619,245		113,094
Commercial		2,707,794		2,723,774		14,923		2,811,622		5,172
Real estate construction		5,825		34,744		-		34,779		101
Grand Total:	$	16,968,465	$	18,465,359	$	38,015	$	19,068,676	$	121,586

							Year Ended September 30, 2012
	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Investment in Impaired Loans		Interest Income Recognized
With no related allowance recorded:
1-4 family residential real estate	$	2,500,824	$	2,982,895	$	-	$	2,867,188	$	31,122
Commercial real estate		12,469,240		14,063,513		-		13,689,972		568,615
Commercial		2,847,862		2,860,935		-		2,908,659		95,676
Real estate construction		5,925		34,844		-		32,735		296
Grand Total:	$	17,823,851	$	19,942,187	$	-	$	19,498,554	$	695,709

Financing Receivable Credit Quality Indicators [Table Text Block]

	1-4 family residential real estate		Commercial real estate		Commercial		Real estate construction		Consumer and other		Total
Pass (1-4)	$	95,446,522	$	218,417,749	$	14,606,118	$	46,137,628	$	17,110,480	$	391,718,497
Special Mention (5)		3,257,546		6,182,683		87,734		34,424		554,267		10,116,654
Substandard (6)		5,003,168		25,012,555		3,126,451		600,468		232,775		33,975,417
Doubtful (7)		-		-		-		-		-		-
Loss (8)		-		-		-		-		-		-
Total not covered loans	$	103,707,236	$	249,612,987	$	17,820,303	$	46,772,520	$	17,897,522	$	435,810,568

	1-4 family residential real estate		Commercial real estate		Commercial		Real estate construction		Consumer and other		Total
Pass (1-4)	$	97,045,428	$	217,582,908	$	13,252,993	$	44,075,754	$	17,357,541	$	389,314,624
Special Mention (5)		3,525,488		11,396,970		93,033		286,505		559,982		15,861,978
Substandard (6)		4,943,628		22,399,132		3,250,807		1,006,931		189,675		31,790,173
Doubtful (7)		-		-		-		-		-		-
Loss (8)		-		-		-		-		-		-
Total not covered loans	$	105,514,544	$	251,379,010	$	16,596,833	$	45,369,190	$	18,107,198	$	436,966,775

	1-4 family residential real estate		Commercial real estate		Commercial		Real estate construction		Consumer and Other		Total
Numerical risk rating (1-4)	$	6,638,498	$	53,369,622	$	5,526,168	$	126,516	$	3,611,096	$	69,271,900
Numerical risk rating (5)		1,987,139		22,401,745		3,716,210		1,304,345		219,579		29,629,018
Numerical risk rating (6)		3,322,792		49,007,557		4,861,955		-		333,639		57,525,943
Numerical risk rating (7)		199,736		3,050,239		654,882		-		2,657		3,907,514
Numerical risk rating (8)		-		-		-		-		-		-
Total covered loans [1]	$	12,148,165	$	127,829,163	$	14,759,215	$	1,430,861	$	4,166,971	$	160,334,375

	1-4 family residential real estate		Commercial real estate		Commercial		Real estate construction		Consumer and other		Total
Numerical risk rating (1-4)	$	7,153,464	$	56,448,239	$	6,912,992	$	-	$	4,011,268	$	74,525,963
Numerical risk rating (5)		2,223,780		27,564,628		4,040,798		1,343,072		224,720		35,396,998
Numerical risk rating (6)		3,217,548		54,282,789		5,127,288		-		581,495		63,209,120
Numerical risk rating (7)		434,798		4,379,389		1,543,573		-		3,696		6,361,456
Numerical risk rating (8)		-		-		-		-		-		-
Total covered loans [1]	$	13,029,590	$	142,675,045	$	17,624,651	$	1,343,072	$	4,821,179	$	179,493,537

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	Accruing Loans						Nonaccrual Loans
	Three Months Ended December 31, 2012						Three Months Ended December 31, 2012

	Number of loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Number of loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Payment structure modification
Commercial Real Estate		-	$	-	$	-		1	$	80,462	$	41,080
Total		-	$	-	$	-		1	$	80,462	$	41,080

Grand Total		-	$	-	$	-		1	$	80,462	$	41,080

	Accruing Loans						Nonaccrual Loans
	Three Months Ended December 31, 2011						Three Months Ended December 31, 2011
	Number of loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Number of loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Below market interest rate
Commercial Real Estate		6	$	835,484	$	819,484		-	$	-	$	-
Total		6	$	835,484	$	819,484		-	$	-	$	-

Grand Total		6	$	835,484	$	819,484		-	$	-	$	-

Non Covered Loans [Member]

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

	Three months ended December 31, 2012
	1-4 Family real estate			Commercial real estate			Commercial			Real Estate construction		Consumer and other			Unallocated			Total
Allowance for loan losses:
Balance at beginning of period	$	879,854		$	5,480,132		$	711,594		$	287,129	$	79,627		$	751,559		$	8,189,895
Charge-offs		(46,270	)		(124,365	)		-			-		(7,479	)		-			(178,114	)
Recoveries		7,606			57,856			4,334			-		778			-			70,574
Provision		137,418			276,825			(355,493	)		192,101		73,478			(24,329	)		300,000
Balance at end of period	$	978,608		$	5,690,448		$	360,435		$	479,230	$	146,404		$	727,230		$	8,382,355

Ending balance: individually evaluated for impairment	$	-		$	23,092		$	14,923		$	-	$	-					$	38,015

Loans:
Ending balance	$	103,707,236		$	249,612,987		$	17,820,303		$	46,772,520	$	17,897,522					$	435,810,568

Ending balance: individually evaluated for impairment	$	2,244,408		$	12,010,438		$	2,707,794		$	5,825	$	-					$	16,968,465

	Three months ended December 31, 2011
	1-4 Family Real Estate			Commercial Real Estate			Commercial			Real Estate Construction			Consumer and Other			Unallocated			Total
Allowance for loan losses:
Balance at beginning of period	$	633,364		$	5,972,310		$	821,830		$	1,065,512		$	48,276		$	828,545		$	9,369,837
Charge-offs		(161,558	)		(1,786,594	)		(81,574	)		-			(61,591	)		-			(2,091,317	)
Recoveries		3,914			359			34,681			-			2,402			-			41,356
Provision		104,035			2,173,200			(201,891	)		(476,103	)		74,312			(173,553	)		1,500,000
Balance at end of period	$	579,755		$	6,359,275		$	573,046		$	589,409		$	63,399		$	654,992		$	8,819,876
Ending balance: individually evaluated for impairment	$	-		$	617,544		$	66,818		$	-		$	-					$	684,362

Loans:
Ending balance	$	101,560,814		$	254,960,299		$	23,996,617		$	41,423,371		$	19,992,582					$	441,933,683
Ending balance: individually evaluated for impairment	$	5,340,489		$	7,149,582		$	3,092,629		$	-		$	-					$	15,582,700

Covered Loans [Member]

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

	Three Months Ended December 31, 2012
	1-4 Family Real Estate			Commercial Real Estate			Commercial			Real Estate Construction			Consumer and Other			Total
Non-accretable differences [1]:
Balance at beginning of period	$	2,010,709		$	17,485,206		$	8,342,754		$	538,355		$	1,345,963		$	29,722,987
Charge-offs		(541,943	)		(1,913,367	)		(2,775,183	)		(536,407	)		(105,498	)		(5,872,398	)
Recoveries		2,652			207,303			4,629			1,000			554			216,138
Provision for loan losses charged to FDIC receivable		33,250			299,250			855,000			-			42,750			1,230,250
Provision for loan losses charged to operations		16,342			27,689			48,148			536			2,035			94,750
Balance at end of period	$	1,521,010		$	16,106,081		$	6,475,348		$	3,484		$	1,285,804		$	25,391,727


Covered loans:
Ending contractual balance	$	13,669,173		$	143,935,126		$	21,234,682		$	1,434,345		$	5,452,776		$	185,726,102

	Three months ended December 31, 2011
	1-4 Family Real Estate			Commercial Real Estate			Commercial			Real Estate Construction			Consumer and Other			Total
Non-accretable differences [1]:
Balance at beginning of period	$	3,430,280		$	64,169,400		$	7,706,431		$	2,970,506		$	764,924		$	79,041,541
Charge-offs		(296,058	)		(7,552,366	)		(715,250	)		(1,458,408	)		(24,371	)		(10,046,453	)
Recoveries		1,402			537,005			104,351			-			9,056			651,814
Provision for loan losses charged to FDIC receivable		(81,552	)		2,259,657			378,909			-			(157,014	)		2,400,000
Provision for loan losses charged to operations		(20,388	)		564,915			94,727			-			(39,254	)		600,000
Balance at end of period	$	3,033,684		$	59,978,611		$	7,569,168		$	1,512,098		$	553,341		$	72,646,902

Covered loans:
Ending contractual balance	$	18,980,760		$	245,975,123		$	27,748,162		$	7,322,825		$	8,061,733		$	308,088,603

Past Due Loans [Member]

Past Due Financing Receivables [Table Text Block]

	30-89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Current		Total Loans		Loans > 90 Days Accruing
1-4 family residential real estate	$	2,257,882	$	218,323	$	2,476,205	$	101,231,031	$	103,707,236	$	80,786
Commercial real estate		1,111,549		-		1,111,549		248,501,438		249,612,987		-
Commercial		175,418		-		175,418		17,644,885		17,820,303		-
Real estate construction		-		-		-		46,772,520		46,772,520		-
Consumer and other		172,986		13,564		186,550		17,710,972		17,897,522		-
	$	3,717,835	$	231,887	$	3,949,722	$	431,860,846	$	435,810,568	$	80,786

	30-89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Current		Total Loans		Loans > 90 Days Accruing
1-4 family residential real estate	$	1,460,017	$	621,257	$	2,081,274	$	103,433,270	$	105,514,544	$	401,726
Commercial real estate		1,459,472		-		1,459,472		249,919,538		251,379,010		-
Commercial		145,001		-		145,001		16,451,832		16,596,833		-
Real estate construction		-		-		-		45,369,190		45,369,190		-
Consumer and other		125,054		-		125,054		17,982,144		18,107,198		-
	$	3,189,544	$	621,257	$	3,810,801	$	433,155,974	$	436,966,775	$	401,726

	30-89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Current		Total Loans [1]		Loans > 90 Days and Accruing [2]
1-4 family residential real estate	$	685,776	$	861,847	$	1,547,623	$	10,600,542	$	12,148,165	$	861,847
Commercial real estate		3,534,577		17,935,968		21,470,545		106,358,618		127,829,163		17,935,968
Commercial		391,024		2,291,399		2,682,423		12,076,792		14,759,215		2,291,399
Real estate construction		-		-		-		1,430,861		1,430,861		-
Consumer and other		43,684		160,577		204,261		3,962,710		4,166,971		160,577
	$	4,655,061	$	21,249,791	$	25,904,852	$	134,429,523	$	160,334,375	$	21,249,791

	30-89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Current		Total Loans [1]		Loans > 90 Days Accruing [2]
1-4 family residential real estate	$	734,789	$	834,569	$	1,569,358	$	11,460,232	$	13,029,590	$	834,570
Commercial real estate		6,546,132		20,588,187		27,134,319		115,540,726		142,675,045		20,588,187
Commercial		917,019		2,984,197		3,901,216		13,723,435		17,624,651		2,984,197
Real estate construction		-		-		-		1,343,072		1,343,072		-
Consumer and other		55,441		391,755		447,196		4,373,983		4,821,179		391,754
	$	8,253,381	$	24,798,708	$	33,052,089	$	146,441,448	$	179,493,537	$	24,798,708

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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