Note 13 - Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value, by Balance Sheet Grouping [Table Text Block]

					Fair Value Measurements
	Carrying		Estimated		Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Other Observable Inputs		Significant Unobservable Inputs
(Dollars in thousands)	Amount		Fair Value		(Level 1)		(Level 2)		(Level 3)
March 31, 2013:
Financial assets:
Cash and cash equivalents	$	122,265	$	122,265	$	122,265	$	-	$	-
Investment securities		299,073		299,073		-		298,658		415
Nonmarketable equity securities		5,913		5,913		-		5,913		-
Loans held for sale		11,659		11,659		-		11,659		-
Loans, net of allowance		1,319,000		1,303,061		-		8,852		1,294,209
FDIC indemnification asset		15,340		15,340		-		-		15,340
Accrued interest receivable		3,706		3,706		-		-		3,706
Financial liabilities:
Deposits with no stated maturity		990,424		990,424		-		990,424		-
Deposits with stated maturities		604,397		605,705		-		605,705		-
Swap fair value hedge		382		382		-		382		-
Borrowings		87,060		86,708		-		86,708		-
Contingent payable		3,003		3,003		-		3,003		-
Accrued interest payable		475		475		-		475		-
December 31, 2012:
Financial assets:
Cash and cash equivalents	$	184,142	$	184,142	$	184,142	$	-	$	-
Investment securities		245,571		245,571		-		245,156		415
Nonmarketable equity securities		7,422		7,422		-		7,422		-
Loans held for sale		14,147		14,147		-		14,147		-
Loans, net of allowance		1,346,116		1,332,683		-		11,390		1,321,293
FDIC indemnification asset		18,697		18,697		-		-		18,697
Accrued interest receivable		3,821		3,821				-		3,821
Financial liabilities:						-		-		-
Deposits with no stated maturity		1,002,258		1,002,258		-		1,002,258		-
Deposits with stated maturities		629,746		631,289		-		631,289		-
Swap fair value hedge		453		453		-		453		-
Borrowings		101,716		101,307		-		101,307		-
Contingent payable		3,003		3,003		-		3,003		-
Accrued interest payable		516		516		-		516		-

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	Fair Value on a Recurring Basis
Description	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Assets/Liabilities at Fair Value
	(Dollars in thousands)
March 31, 2013
U.S. Government agencies	$	-	$	578		$	-	$	578
Municipal securities		-		17,676			-		17,676
Residential agency mortgage-backed securities		-		137,995			-		137,995
Commercial mortgage-backed securities		-		36,828			-		36,828
All other debt securities				105,581			415		105,996
Fair value loans		-		8,852			-		8,852
Swap fair value hedge		-		(382	)		-		(382	)
December 31, 2012
U.S. Government agencies	$	-	$	583		$	-	$	583
Municipal securities		-		17,986			-		17,986
Residential agency mortgage-backed securities		-		159,113			-		159,113
All other debt securities		-		67,474			415		67,889
Fair value loans		-		11,390			-		11,390
Swap fair value hedge		-		(453	)		-		(453	)

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

	Three Months Ended
	March
	2013		2012
	(dollars in thousands)
Corporate and Other Securities:
Balance, beginning of period	$	415	$	405
Decrease in unrealized loss		-		2
				-
Balance, end of period	$	415	$	407

Fair Value Measurements, Nonrecurring [Table Text Block]

Description	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Assets/ (Liabilities) at Fair Value
	(Dollars in thousands)
March 31, 2013
OREO	$	-	$	-	$	3,880	$	3,880
Impaired loans:
Commercial and industrial		-		-		364		364
CRE - investor income producing		-		-		3,419		3,419
Residential mortgage		-		-		751		751
Home equity lines of credit		-		-		113		113
December 31, 2012
OREO	$	-	$	-	$	25,390	$	25,390
Impaired loans:
Commercial and industrial		-		-		115		115
Residential mortgage		-		-		962		962
Home equity lines of credit		-		-		155		155

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

(dollars in thousands)	Fair Value		Valuation Methodology	Unobservable Inputs	Range of Inputs
OREO	$	3,880	Appraisals	Discount to reflect current market conditions		0%	-	55%
Impaired loans		4,534	Discounted cash flows	Expected percent of total contractual cash flows not expected to be collected		0%	-	50%
		113	Collateral based measurements	Discount to reflect current market conditions and ultimate collectability		0%	-	60%
	$	8,527