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Note 11 - Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
           

Fair Value Measurements Using

 

(In thousands)


Available For Sale Investment Securities

 

Fair Value

   

Quoted Prices in Active Markets for Identical Assets
(Level 1)

   

Significant Other Observable Inputs
(Level 2)

   

Significant Unobservable Inputs
(Level 3)

 
                                 

March 31, 2014

                               

Obligations of U.S. government-sponsored entities

  $ 91,584     $ -     $ 91,584     $ -  

Obligations of states and political subdivisions

    128,242       -       128,242       -  

Mortgage-backed securities – residential

    378,482       -       378,482       -  

Mortgage-backed securities – commercial

    697       -       697       -  

Corporate debt securities

    6,492       -       6,492       -  

Mutual funds and equity securities

    2,267       2,267       -       -  

Total

  $ 607,764     $ 2,267     $ 605,497     $ -  
           

Fair Value Measurements Using

 

(In thousands)


Available For Sale Investment Securities

 

Fair Value

   

Quoted Prices in Active Markets for Identical Assets
(Level 1)

   

Significant Other Observable Inputs
(Level 2)

   

Significant Unobservable Inputs
(Level 3)

 
                                 

December 31, 2013

                               

Obligations of U.S. government-sponsored entities

  $ 93,750     $ -     $ 93,750     $ -  

Obligations of states and political subdivisions

    131,970       -       131,970       -  

Mortgage-backed securities – residential

    378,077       -       378,077       -  

Mortgage-backed securities – commercial

    689       -       689       -  

Corporate debt securities

    6,257       -       6,257       -  

Mutual funds and equity securities

    2,077       2,077       -       -  

Total

  $ 612,820     $ 2,077     $ 610,743     $ -  
Fair Value Measurements, Nonrecurring [Table Text Block]
           

Fair Value Measurements Using

 

(In thousands)


Description

 

Fair Value

   

Quoted Prices in Active Markets for Identical Assets
(Level 1)

   

Significant Other Observable Inputs
(Level 2)

   

Significant Unobservable Inputs
(Level 3)

 
                                 

March 31, 2014

                               

Collateral-dependent Impaired Loans

                               

Real estate mortgage – residential

  $ 733     $ -     $ -     $ 733  

Real estate mortgage – farmland and other commercial enterprises

    1,150       -       -       1,150  

Commercial and industrial

    2       -       -       2  

Total

  $ 1,885     $ -     $ -     $ 1,885  
                                 

OREO

                               

Construction and land development

  $ 1,713     $ -     $ -     $ 1,713  

Residential real estate

    366       -       -       366  

Farmland and other commercial enterprises

    1,346       -       -       1,346  

Total

  $ 3,425     $ -     $ -     $ 3,425  
           

Fair Value Measurements Using

 

(In thousands)



Description

 

Fair Value

   

Quoted Prices in Active Markets for Identical Assets
(Level 1)

   

Significant Other Observable Inputs
(Level 2)

   

Significant Unobservable Inputs
(Level 3)

 

December 31, 2013

                               

Collateral-dependent Impaired Loans

                               

Real estate mortgage – construction and land development

  $ 334     $ -     $ -     $ 334  

Real estate mortgage – residential

    2,085       -       -       2,085  

Real estate mortgage – farmland and other commercial enterprises

    3,152       -       -       3,152  

Commercial and industrial

    88       -       -       88  

Total

  $ 5,659     $ -     $ -     $ 5,659  
                                 

OREO

                               

Construction and land development

  $ 14,465     $ -     $ -     $ 14,465  

Residential real estate

    1,116       -       -       1,116  

Farmland and other commercial enterprises

    9,152       -       -       9,152  

Total

  $ 24,733     $ -     $ -     $ 24,733  
Asset Impairment Charges [Text Block]

(In thousands)

               

Three months ended March 31,

 

2014

   

2013

 

Impairment charges:

               

Collateral-dependent impaired loans

  $ 940     $ 371  

OREO

    906       1,017  

Total

  $ 1,846     $ 1,388  
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

(In thousands)

 

Fair Value at
March 31, 2014

 

Valuation Technique

Unobservable Inputs

 

Range

   

Weighted
Average

 

Collateral-dependent impaired loans

  $ 1,885  

Discounted appraisals

Marketability discount

    0% - 7.0 %     5.0 %

OREO

  $ 3,425  

Discounted appraisals

Marketability discount

    1.1% - 31.8 %     14.6 %
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)

 

March 31, 2014

                                       

Assets

                                       

Cash and cash equivalents

  $ 94,963     $ 94,963     $ 94,963     $ -     $ -  

Held to maturity investment securities

    3,827       3,929       -       3,929       -  

Loans, net

    965,229       967,622       -       -       967,622  

Accrued interest receivable

    5,863       5,863       -       5,863       -  

Federal Home Loan Bank and Federal Reserve Bank Stock

    9,368    

N/A

      -       -       -  
                                         

Liabilities

                                       

Deposits

    1,409,232       1,411,262       956,646       -       454,616  

Federal funds purchased and other short-term borrowings

    27,393       27,393       -       27,393       -  

Securities sold under agreements to repurchase and other long-term borrowings

    127,843       139,332       -       139,332       -  

Subordinated notes payable to unconsolidated trusts

    48,970       24,663       -       -       24,663  

Accrued interest payable

    1,041       1,041       -       1,041       -  
                                         

December 31, 2013

                                       

Assets

                                       

Cash and cash equivalents

  $ 68,253     $ 68,253     $ 68,253     $ -     $ -  

Held to maturity investment securities

    765       827       -       827       -  

Loans, net

    979,306       977,846       -       -       977,846  

Accrued interest receivable

    5,901       5,901       -       5,901       -  

Federal Home Loan Bank and Federal Reserve Bank Stock

    9,516    

N/A

      -       -       -  
                                         

Liabilities

                                       

Deposits

    1,410,215       1,412,572       938,700       -       473,872  

Federal funds purchased and other short-term borrowings

    29,123       29,123       -       29,123       -  

Securities sold under agreements to repurchase and other long-term borrowings

    127,880       139,375       -       139,375       -  

Subordinated notes payable to unconsolidated trusts

    48,970       26,070       -       -       26,070  

Accrued interest payable

    1,137       1,137       -       1,137       -