Note 5 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2012

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

			Fair Value Measurements Using
(In thousands)			Quoted Prices in				Significant
Available For Sale Investment Securities	Fair Value		Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
September 30, 2012
Obligations of U.S. government-sponsored entities	$	74,698	$	-	$	74,698	$	-
Obligations of states and political subdivisions		105,573		-		105,573		-
Mortgage-backed securities – residential		414,185		-		414,185		-
Mutual funds and equity securities		612		612		-		-
Corporate debt securities		5,488		-		5,488		-
Total	$	600,556	$	612	$	599,944	$	-

			Fair Value Measurements Using
(In thousands)			Quoted Prices in				Significant
Available For Sale Investment Securities	Fair Value		Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
December 31, 2011
Obligations of U.S. government-sponsored entities	$	96,163	$	-	$	96,163	$	-
Obligations of states and political subdivisions		84,619		-		84,619		-
Mortgage-backed securities – residential		408,863		-		408,863		-
Mortgage-backed securities – commercial		209		-		209		-
Mutual funds and equity securities		1,601		1,601		-		-
Corporate debt securities		6,364		-		6,364		-
Total	$	597,819	$	1,601	$	596,218	$	-

Fair Value Measurements, Nonrecurring [Table Text Block]

			Fair Value Measurements Using
(In thousands)			Quoted Prices in				Significant
Description	Fair Value		Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
September 30, 2012
Impaired Loans
Real estate-construction and land development	$	14,601	$	-	$	-	$	14,601
Real estate mortgage-residential		2,515		-		-		2,515
Real estate mortgage-farmland and other commercial enterprises		2,588		-		-		2,588
Commercial and industrial		6		-		-		6
Consumer-secured		4		-		-		4
Consumer-unsecured		115		-		-		115
Total	$	19,829	$	-	$	-	$	19,829
OREO
Real estate-construction and land development	$	9,418	$	-	$	-	$	9,418
Real estate mortgage-residential		1,454		-		-		1,454
Real estate mortgage-farmland and other commercial enterprises		2,841		-		-		2,841
Total	$	13,713	$	-	$	-	$	13,713

			Fair Value Measurements Using
(In thousands)			Quoted Prices in				Significant
Description	Fair Value		Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
December 31, 2011
Impaired Loans
Real estate-construction and land development	$	18,636	$	-	$	-	$	18,636
Real estate mortgage-residential		8,160		-		-		8,160
Real estate mortgage-farmland and other commercial enterprises		12,928		-		-		12,928
Commercial and industrial		293		-		-		293
Consumer		47		-		-		47
Total	$	40,064	$	-	$	-	$	40,064
OREO
Real estate-construction and land development	$	8,826	$	-	$	-	$	8,826
Real estate mortgage-residential		1,217		-		-		1,217
Real estate mortgage-farmland and other commercial enterprises		4,785		-		-		4,785
Total	$	14,828	$	-	$	-	$	14,828

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

(In thousands)	Fair Value at September 30, 2012		Valuation Technique	Unobservable Inputs	Range					Weighted Average
Impaired loans	$	19,829	Discounted appraisals	Marketability discount		.3%	-	12.5	%		5.0	%
OREO	$	13,713	Discounted appraisals	Marketability discount		.3%	-	71.4	%		6.8	%

Schedule of Asset Impairment Charges [Table Text Block]

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In thousands)	2012		2011		2012		2011
Impairment charges:
Impaired loans	$	584	$	351	$	5,817	$	3,460
OREO		1,052		3,400		2,202		4,968
Total	$	1,636	$	3,751	$	8,019	$	8,428

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

					Fair Value Measurements Using
(In thousands)	Carrying Amount		Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
September 30, 2012
Assets
Cash and cash equivalents	$	110,218	$	110,218	$	110,218	$	-	$	-
Held to maturity investment securities		875		1,008		-		1,008		-
Loans, net		993,167		990,603		-		-		990,603
Accrued interest receivable		5,905		5,905		-		5,905		-
Liabilities
Deposits		1,403,991		1,408,221		840,842		-		567,379
Federal funds purchased and other short-term borrowings		25,740		25,740		-		25,740		-
Securities sold under agreements to repurchase and other long-term borrowings		180,380		201,360		-		201,360		-
Subordinated notes payable to unconsolidated trusts		48,970		20,324		-		-		20,324
Accrued interest payable		2,044		2,044		-		2,044		-

December 31, 2011
Assets
Cash and cash equivalents	$	94,309	$	94,309	$	94,309	$	-	$	-
Held to maturity investment securities		875		974		-		974		-
Loans, net		1,043,844		1,043,824		-		-		1,043,824
Accrued interest receivable		6,619		6,619		-		6,619		-
Liabilities
Deposits		1,435,065		1,441,490		787,396		-		654,094
Federal funds purchased and other short-term borrowings		27,022		27,022		-		27,022		-
Securities sold under agreements to repurchase and other long-term borrowings		190,694		212,176		-		212,176		-
Subordinated notes payable to unconsolidated trusts		48,970		20,982		-		-		20,982
Accrued interest payable		2,375		2,375		-		2,375		-