Note 8 - Loans and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2013

Note 8 - Loans and Allowance for Loan Losses (Tables) [Line Items]

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

(In thousands)	September 30, 2013		December 31, 2012
Real Estate:
Real estate mortgage – construction and land development	$	106,870	$	102,454
Real estate mortgage – residential		371,292		368,762
Real estate mortgage – farmland and other commercial enterprises		418,690		425,477
Commercial:
Commercial and industrial		47,433		46,812
States and political subdivisions		22,849		21,472
Lease financing		1,268		2,732
Other		26,327		19,156
Consumer:
Secured		8,957		11,732
Unsecured		6,479		6,515
Total loans		1,010,165		1,005,112
Less unearned income		34		117
Total loans, net of unearned income	$	1,010,131	$	1,004,995

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

(In thousands)	Real Estate			Commercial			Consumer			Total
Three months ended September 30, 2013
Balance, beginning of period	$	20,240		$	2,177		$	526		$	22,943
Provision for loan losses		(528	)		(2	)		(56	)		(586	)
Recoveries		70			25			37			132
Loans charged off		(407	)		(98	)		(35	)		(540	)
Balance, end of period	$	19,375		$	2,102		$	472		$	21,949
Nine months ended September 30, 2013
Balance, beginning of period	$	22,254		$	1,513		$	678		$	24,445
Provision for loan losses		(2,028	)		615			(167	)		(1,580	)
Recoveries		254			122			187			563
Loans charged off		(1,105	)		(148	)		(226	)		(1,479	)
Balance, end of period	$	19,375		$	2,102		$	472		$	21,949

(In thousands)	Real Estate			Commercial			Consumer			Total
Three months ended September 30, 2012
Balance, beginning of period	$	24,221		$	2,137		$	755		$	27,113
Provision for loan losses		(1,114	)		591			267			(256	)
Recoveries		50			8			80			138
Loans charged off		(1,716	)		(36	)		(99	)		(1,851	)
Balance, end of period	$	21,441		$	2,700		$	1,003		$	25,144
Nine months ended September 30, 2012
Balance, beginning of period	$	23,538		$	3,508		$	1,218		$	28,264
Provision for loan losses		2,916			(790	)		(64	)		2,062
Recoveries		252			129			192			573
Loans charged off		(5,265	)		(147	)		(343	)		(5,755	)
Balance, end of period	$	21,441		$	2,700		$	1,003		$	25,144

Impaired Financing Receivables [Table Text Block]

September 30, 2013 (In thousands)	Unpaid Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Allowance for Loan Losses Allocated
Real Estate
Real estate mortgage – construction and land development	$	18,422	$	10,952	$	4,701	$	15,653	$	921
Real estate mortgage – residential		12,554		2,626		9,805		12,431		1,557
Real estate mortgage – farmland and other commercial enterprises		33,285		12,574		20,628		33,202		1,617
Commercial
Commercial and industrial		911		-		915		915		823
Consumer
Secured		19		-		19		19		15
Unsecured		61		-		61		61		61
Total	$	65,252	$	26,152	$	36,129	$	62,281	$	4,994

December 31, 2102 (In thousands)	Unpaid Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Allowance for Loan Losses Allocated
Real Estate
Real estate mortgage – construction and land development	$	26,831	$	12,712	$	11,068	$	23,780	$	2,075
Real estate mortgage – residential		7,474		2,215		5,259		7,474		1,069
Real estate mortgage – farmland and other commercial enterprises		33,491		13,294		18,803		32,097		1,588
Commercial
Commercial and industrial		210		-		207		207		198
Consumer
Secured		21		-		21		21		17
Unsecured		309		-		310		310		196
Total	$	68,336	$	28,221	$	35,668	$	63,889	$	5,143

Loans and ALL Disaggregated Impairment Method [Table Text Block]

September 30, 2013 (In thousands)	Real Estate		Commercial		Consumer		Total
Allowance for Loan Losses
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	4,095	$	823	$	76	$	4,994
Collectively evaluated for impairment		15,280		1,279		396		16,955
Total ending allowance balance	$	19,375	$	2,102	$	472	$	21,949
Loans
Loans individually evaluated for impairment	$	61,286	$	915	$	80	$	62,281
Loans collectively evaluated for impairment		835,566		96,928		15,356		947,850
Total ending loan balance, net of unearned income	$	896,852	$	97,843	$	15,436	$	1,010,131

December 31, 2012 (In thousands)	Real Estate		Commercial		Consumer		Total
Allowance for Loan Losses
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	4,732	$	198	$	213	$	5,143
Collectively evaluated for impairment		17,522		1,315		465		19,302
Total ending allowance balance	$	22,254	$	1,513	$	678	$	24,445
Loans
Loans individually evaluated for impairment	$	63,351	$	207	$	331	$	63,889
Loans collectively evaluated for impairment		833,342		89,848		17,916		941,106
Total ending loan balance, net of unearned income	$	896,693	$	90,055	$	18,247	$	1,004,995

Non-performing Loans Including TDR's [Table Text Block]

September 30, 2013 (In thousands)	Nonaccrual		Restructured Loans		Loans Past Due 90 Days or More and Still Accruing
Real Estate:
Real estate mortgage – construction and land development	$	6,332	$	4,391	$	-
Real estate mortgage – residential		5,538		4,912		-
Real estate mortgage – farmland and other commercial enterprises		13,004		17,086		-
Commercial:
Commercial and industrial		138		-		-
Lease financing		29		-		-
Consumer:
Secured		22		8		-
Unsecured		-		38		-
Total	$	25,063	$	26,435	$	-

December 31, 2012 (In thousands)	Nonaccrual		Restructured Loans		Loans Past Due 90 Days or More and Still Accruing
Real Estate:
Real estate mortgage – construction and land development	$	7,700	$	8,736	$	-
Real estate mortgage – residential		6,025		634		-
Real estate mortgage – farmland and other commercial enterprises		12,878		16,940		103
Commercial:
Commercial and industrial		649		-		-
Lease financing		53		-		-
Consumer:
Secured		9		-		-
Unsecured		94		39		-
Total	$	27,408	$	26,349	$	103

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

(Dollars in thousands) Troubled Debt Restructurings:	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Three Months Ended September 30, 2013
Real Estate:
Real estate mortgage – farmland and other commercial enterprises		1	$	598	$	598
Consumer:
Secured		1		7		7
Total		2	$	605	$	605
Nine Months Ended September 30, 2013
Real Estate:
Real estate mortgage – residential		3	$	309	$	309
Real estate mortgage – farmland and other commercial enterprises		1		598		598
Commercial:
Commercial and industrial		1		13		13
Consumer:
Secured		2		9		9
Total		7	$	929	$	929

(Dollars in thousands) Troubled Debt Restructurings:	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Three Months Ended September 30, 2012
Real Estate:
Real estate mortgage – farmland and other commercial enterprises		1	$	8,796	$	8,717
Total		1	$	8,796	$	8,717
Nine Months Ended September 30, 2012
Real Estate:
Real estate mortgage – residential		1	$	72	$	72
Real estate mortgage – farmland and other commercial enterprises		1		8,796		8,717
Total		2	$	8,868	$	8,789

Past Due Financing Receivables [Table Text Block]

September 30, 2013 (In thousands)	30-89 Days Past Due		90 Days or More Past Due		Total		Current		Total Loans
Real Estate:
Real estate mortgage – construction and land development	$	58	$	599	$	657	$	106,213	$	106,870
Real estate mortgage – residential		2,819		2,336		5,155		366,137		371,292
Real estate mortgage – farmland and other commercial enterprises		1,169		10,131		11,300		407,390		418,690
Commercial:
Commercial and industrial		-		53		53		47,380		47,433
States and political subdivisions		-		-		-		22,849		22,849
Lease financing, net		14		29		43		1,191		1,234
Other		93		-		93		26,234		26,327
Consumer:
Secured		53		7		60		8,897		8,957
Unsecured		68		-		68		6,411		6,479
Total	$	4,274	$	13,155	$	17,429	$	992,702	$	1,010,131

December 31, 2012 (In thousands)	30-89 Days Past Due		90 Days or More Past Due		Total		Current		Total Loans
Real Estate:
Real estate mortgage – construction and land development	$	908	$	1,361	$	2,269	$	100,185	$	102,454
Real estate mortgage – residential		2,303		2,500		4,803		363,959		368,762
Real estate mortgage – farmland and other commercial enterprises		1,990		10,724		12,714		412,763		425,477
Commercial:
Commercial and industrial		108		53		161		46,651		46,812
States and political subdivisions		-		-		-		21,472		21,472
Lease financing, net		1		53		54		2,561		2,615
Other		38		399		437		18,719		19,156
Consumer:
Secured		69		-		69		11,663		11,732
Unsecured		137		-		137		6,378		6,515
Total	$	5,554	$	15,090	$	20,644	$	984,351	$	1,004,995

Financing Receivable Credit Quality Indicators [Table Text Block]

	Real Estate						Commercial
September 30, 2013 (In thousands)	Real Estate Mortgage –Construction and Land Development		Real Estate Mortgage –Residential		Real Estate Mortgage –Farmland and Other Commercial Enterprises		Commercial and Industrial		States and Political Subdivisions		Lease Financing, net		Other
Credit risk profile by internally assigned rating grades:
Pass	$	83,183	$	334,591	$	347,472	$	45,604	$	22,849	$	1,205	$	26,299
Special mention		6,282		14,925		29,307		351		-		-		-
Substandard		17,345		21,686		41,911		1,402		-		29		28
Doubtful		60		90		-		76		-		-		-
Total	$	106,870	$	371,292	$	418,690	$	47,433	$	22,849	$	1,234	$	26,327

	Real Estate						Commercial
December 31, 2012 (In thousands)	Real Estate Mortgage –Construction and Land Development		Real Estate Mortgage –Residential		Real Estate Mortgage –Farmland and Other Commercial Enterprises		Commercial and Industrial		States and Political Subdivisions		Lease Financing, net		Other
Credit risk profile by internally assigned rating grades:
Pass	$	68,721	$	328,214	$	348,918	$	41,527	$	21,472	$	2,615	$	18,592
Special mention		7,562		18,485		35,027		4,201		-		-		559
Substandard		26,171		21,984		41,532		1,008		-		-		5
Doubtful		-		79		-		76		-		-		-
Total	$	102,454	$	368,762	$	425,477	$	46,812	$	21,472	$	2,615	$	19,156

Credit Quality Consumer Loans [Table Text Block]

	September 30, 2013				December 31, 2012
	Consumer				Consumer
(In thousands)	Secured		Unsecured		Secured		Unsecured
Credit risk profile based on payment activity:
Performing	$	8,927	$	6,441	$	11,723	$	6,382
Nonperforming		30		38		9		133
Total	$	8,957	$	6,479	$	11,732	$	6,515

Additional Information Regarding Impaired Loans [Member]

Note 8 - Loans and Allowance for Loan Losses (Tables) [Line Items]

Impaired Financing Receivables [Table Text Block]

Three Months Ended September 30, 2013 (In thousands)	Average		Interest Income Recognized		Cash Basis Interest Recognized
Real Estate
Real estate mortgage – construction and land development	$	16,815	$	128	$	109
Real estate mortgage – residential		11,799		94		105
Real estate mortgage – farmland and other commercial enterprises		33,925		329		318
Commercial
Commercial and industrial		1,037		4		4
Consumer
Secured		18		-		-
Unsecured		75		-		-
Total	$	63,669	$	555	$	536

Nine Months Ended September 30, 2013 (In thousands)	Average		Interest Income Recognized		Cash Basis Interest Recognized
Real Estate
Real estate mortgage – construction and land development	$	17,683	$	405	$	402
Real estate mortgage – residential		13,023		356		340
Real estate mortgage – farmland and other commercial enterprises		33,006		1,137		1,120
Commercial
Commercial and industrial		966		37		37
Consumer
Secured		20		1		1
Unsecured		167		6		6
Total	$	64,865	$	1,942	$	1,906

Three Months Ended September 30, 2012 (In thousands)	Average		Interest Income Recognized		Cash Basis Interest Recognized
Real Estate
Real estate mortgage – construction and land development	$	26,902	$	249	$	204
Real estate mortgage – residential		8,979		52		44
Real estate mortgage – farmland and other commercial enterprises		35,076		418		608
Commercial
Commercial and industrial		214		8		8
Consumer
Secured		22		-		-
Unsecured		374		8		7
Total	$	71,567	$	735	$	871

Nine Months Ended September 30, 2012 (In thousands)	Average		Interest Income Recognized		Cash Basis Interest Recognized
Real Estate
Real estate mortgage – construction and land development	$	37,921	$	630	$	573
Real estate mortgage – residential		14,744		308		298
Real estate mortgage – farmland and other commercial enterprises		38,967		1,419		1,437
Commercial
Commercial and industrial		426		22		22
Consumer
Secured		66		5		5
Unsecured		251		13		12
Total	$	92,375	$	2,397	$	2,347