Note 5 - Securities (Tables)

6 Months Ended

Jun. 30, 2014

Investments, Debt and Equity Securities [Abstract]

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

(Dollars in thousands)	As of June 30, 2014
	Amortized Costs		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
Available-for-sale securities
U.S. government & agencies	$	7,886	$	0	$	(99	)	$	7,787
Obligations of state and political subdivisions		54,447		1,316		(394	)		55,369
Residential mortgage backed securities and collateralized mortgage obligations		45,522		532		(256	)		45,798
Corporate securities		41,942		482		(258	)		42,166
Commercial mortgage backed securities		9,942		45		(154	)		9,833
Other asset backed securities		27,656		354		(277	)		27,733
Total	$	187,395	$	2,729	$	(1,438	)	$	188,686
Held-to-maturity securities
Obligations of state and political subdivisions	$	37,031	$	344	$	(958	)	$	36,417

(Dollars in thousands)	As of December 31, 2013
	Amortized Costs		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
Available-for-sale securities
U.S. government & agencies	$	6,580	$	-	$	(316	)	$	6,264
Obligations of state and political subdivisions		60,370		672		(1,833	)		59,209
Residential mortgage backed securities and collateralized mortgage obligations		64,026		318		(1,353	)		62,991
Corporate securities		48,836		282		(888	)		48,230
Commercial mortgage backed securities		10,828		24		(380	)		10,472
Other asset backed securities		29,717		388		(631	)		29,474
Total	$	220,357	$	1,684	$	(5,401	)	$	216,640
Held-to-maturity securities
Obligations of state and political subdivisions	$	36,696	$	36	$	(2,707	)	$	34,025

Amortized Cost And Estimated Fair Value Available For Sale Securities Table [Text Block]

(Dollars in thousands)	Available-for-sale				Held-to-maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
AMOUNTS MATURING IN:
One year or less	$	2,401	$	2,437	$	367	$	368
One year through five years		33,615		34,080		365		383
Five years through ten years		74,449		74,641		14,555		14,472
After ten years		76,930		77,528		21,744		21,194
Total	$	187,395	$	188,686	$	37,031	$	36,417

Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]

(Dollars in thousands)	Amount
Public funds collateral	$	22,857
Federal Home Loan Bank borrowings		25,417
Interest rate swap contracts		4,702
Total securities held for pledging purposes	$	52,976

Schedule of Realized Gain (Loss) [Table Text Block]

(Dollars in thousands)	For three months ended June 30,						For the six months ended June 30,
	2014			2013			2014			2013
Proceeds from sales of securities	$	32,099		$	35,370		$	68,785		$	45,342
Gross realized gains on sales of securities:
Obligations of state and political subdivisions	$	14		$	145		$	171		$	177
Residential mortgage backed securities and collateralized mortgage obligations		63			18			68			105
Corporate securities		85			342			227			360
Commercial mortgage backed securities		5			-			5			-
Other asset backed securities		40			-			63			53
Total gross realized gains on sales of securities	$	207		$	505		$	534		$	695
Gross realized losses on sales of securities
U.S. government & agencies	$	(115	)	$	(27	)	$	(114	)	$	(27	)
Obligations of state and political subdivisions		(69	)		(10	)		(159	)		(10	)
Residential mortgage backed securities and collateralized mortgage obligations		(13	)		(50	)		(482	)		(51	)
Corporate securities		(8	)		(12	)		(8	)		(12	)
Commercial mortgage backed securities		(31	)		-			(32	)		-
Other asset backed securities		(10	)		-			(23	)		-
Total gross realized losses on sales of securities	$	(246	)	$	(99	)	$	(818	)	$	(100	)
(Loss) gain on investment securities, net	$	(39	)	$	406		$	(284	)	$	595

Schedule of Unrealized Loss on Investments [Table Text Block]

(Dollars in thousands)	As of June 30, 2014
	Less than 12 months					12 months or more					Total
Available-for-sale securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
U.S. government & agencies	$	4,943	$	(10	)	$	2,846	$	(89	)	$	7,789	$	(99	)
Obligations of states and political subdivisions		7,225		(52	)		14,297		(342	)		21,522		(394	)
Residential mortgage backed securities and collateralized mortgage obligations		7,344		(96	)		6,309		(160	)		13,653		(256	)
Corporate securities		6,911		(76	)		9,945		(182	)		16,856		(258	)
Commercial mortgage backed securities		2,970		(24	)		2,606		(130	)		5,576		(154	)
Other asset backed securities		4,137		(63	)		6,063		(214	)		10,200		(277	)
Total temporarily impaired securities	$	33,530	$	(321	)	$	42,066	$	(1,117	)	$	75,596	$	(1,438	)
Held-to-maturity securities
Obligations of states and political subdivisions	$	2,334	$	(9	)	$	20,487	$	(949	)	$	22,821	$	(958	)

(Dollars in thousands)	As of December 31, 2013
	Less than 12 months					12 months or more					Total
Available-for-sale securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
U.S. government & agencies	$	5,446	$	(147	)	$	819	$	(168	)	$	6,265	$	(315	)
Obligations of states and political subdivisions		29,943		(1,578	)		2,727		(255	)		32,670		(1,833	)
Residential mortgage backed securities and collateralized mortgage obligations		44,197		(1,214	)		3,271		(139	)		47,468		(1,353	)
Corporate securities		32,649		(792	)		2,960		(96	)		35,609		(888	)
Commercial mortgage backed securities		5,543		(205	)		1,437		(176	)		6,980		(381	)
Other asset backed securities		15,303		(518	)		1,723		(113	)		17,026		(631	)
Total temporarily impaired securities	$	133,081	$	(4,454	)	$	12,937	$	(947	)	$	146,018	$	(5,401	)
Held-to-maturity securities
Obligations of states and political subdivisions	$	23,800	$	(1,524	)	$	7,533	$	(1,183	)	$	31,333	$	(2,707	)