Note 7 - Investment Securities (Tables)

6 Months Ended

Jun. 30, 2016

Notes Tables

Trading Securities [Table Text Block]

	June 30, 2016		December 31, 2015
State and municipal securities	$	3,459	$	4,189

Available-for-sale Securities [Table Text Block]

June 30, 2016	Fair value		Gross unrealized holding gains		Gross unrealized holding losses			Amortized cost
U.S. Government agency	$	60,510	$	297	$	(1	)	$	60,214
State and municipal		73,888		2,072		(7	)		71,823
U.S. Government agencies and sponsored enterprises (GSEs):
Mortgage-backed		129,027		2,405		-			126,622
Collateralized mortgage obligations (CMOs)		62,545		654		(166	)		62,057
Pooled trust preferred		2,400		248		(942	)		3,094
Corporate debt		8,110		53		(17	)		8,074
Equity		7,773		371		(309	)		7,711
Total investment securities available-for-sale	$	344,253	$	6,100	$	(1,442	)	$	339,595

December 31, 2015	Fair value		Gross unrealized holding gains		Gross unrealized holding losses			Amortized cost
U.S. Government agency	$	61,779	$	88	$	(490	)	$	62,181
State and municipal		78,954		1,554		(31	)		77,431
U.S. Government agencies and sponsored enterprises (GSEs):
Mortgage-backed		136,681		944		(920	)		136,657
Collateralized mortgage obligations (CMOs)		65,610		178		(1,178	)		66,610
Pooled trust preferred		2,653		259		(897	)		3,291
Corporate debt		9,004		15		(95	)		9,084
Equity		7,234		516		(770	)		7,488
Total investment securities available-for-sale	$	361,915	$	3,554	$	(4,381	)	$	362,742

Investments Classified by Contractual Maturity Date [Table Text Block]

June 30, 2016	Fair value		Amortized cost
Due in one year or less	$	5,371	$	5,292
Due after one year through five years		220,326		217,024
Due after five years through ten years		97,106		95,501
Due after ten years		13,677		14,067
Equity securities		7,773		7,711
Total investment securities available-for-sale	$	344,253	$	339,595

June 30, 2016	Fair value		Amortized cost
Due in one year or less	$	149	$	147
Due after one year through five years		-		-
Due after five years through ten years		-		-
Due after ten years		-		-
Total investment securities held-to-maturity	$	149	$	147

Realized Gain (Loss) on Investments [Table Text Block]

	Three months ended June 30, 2016											Three months ended June 30, 2015
	Gross realized gains		Gross realized losses			Other-than- temporary impairment losses			Net gains			Gross realized gains		Gross realized losses			Other-than- temporary impairment losses		Net gains
Equity securities	$	36	$	-		$	(122	)	$	(86	)	$	204	$	(23	)	$	-	$	181
Debt securities		101		-			-			101			66		(33	)		-		33
Total	$	137	$	-		$	(122	)	$	15		$	270	$	(56	)	$	-	$	214
	Six months ended June 30, 2016											Six months ended June 30, 2015
	Gross realized gains		Gross realized losses			Other-than- temporary impairment losses			Net gains			Gross realized gains		Gross realized losses			Other-than- temporary impairment losses		Net gains
Equity securities	$	417	$	-		$	(192	)	$	225		$	630	$	(23	)	$	-	$	607
Debt securities		182		(73	)		-			109			154		(44	)		-		110
Total	$	599	$	(73	)	$	(192	)	$	334		$	784	$	(67	)	$	-	$	717

Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]

Six months ended June 30,	2016		2015
Balance, beginning of period	$	1,153	$	1,153
Reductions: gain on payoff		-		-
Additions:
Initial credit impairments		-		-
Subsequent credit impairments		-		-
Balance, end of period	$	1,153	$	1,153

Held-to-maturity Securities [Table Text Block]

Held-To-Maturity
	June 30, 2016								December 31, 2015
	Amortized cost		Gross unrealized holding gains		Gross unrealized holding losses		Fair value		Amortized cost		Gross unrealized holding gains		Gross unrealized holding losses		Fair value
State and municipal securities	$	147	$	2	$	-	$	149	$	147	$	4	$	-	$	151

Schedule of Unrealized Loss on Investments [Table Text Block]

June 30, 2016
			Less than 12 months					12 months or longer					Total
	No. of securities		Fair value		Unrealized losses			Fair value		Unrealized losses			Fair value		Unrealized losses
U.S. Government agency		2	$	2,000	$	(1	)		-		-		$	2,000	$	(1	)
State and municipal		3		893		(6	)	$	503	$	(1	)		1,396		(7	)
U.S. Government agencies and sponsored enterprises (GSEs):
Collateralized mortgage obligations (CMOs)		19		1,796		(16	)		17,362		(150	)		19,158		(166	)
Pooled trust preferred		5		-		-			2,024		(942	)		2,024		(942	)
Corporate debt		1		-		-			994		(17	)		994		(17	)
Equity		15		2,408		(135	)		1,014		(174	)		3,422		(309	)
Total		45	$	7,097	$	(158	)	$	21,897	$	(1,284	)	$	28,994	$	(1,442	)

December 31, 2015
			Less than 12 months					12 months or longer					Total
	No. of securities		Fair value		Unrealized losses			Fair value		Unrealized losses			Fair value		Unrealized losses
U.S. Government agency		32	$	40,949	$	(418	)	$	4,426	$	(72	)	$	45,375	$	(490	)
State and municipal		20		6,646		(19	)		1,555		(12	)		8,201		(31	)
U.S. Government agencies and sponsored enterprises (GSEs):
Mortgage-backed		62		90,796		(871	)		1,403		(49	)		92,199		(920	)
Collateralized mortgage obligations (CMOs)		49		28,372		(261	)		26,354		(917	)		54,726		(1,178	)
Pooled trust preferred		5		-		-			2,193		(897	)		2,193		(897	)
Corporate debt		6		5,988		(95	)		-		-			5,988		(95	)
Equity		19		4,035		(695	)		193		(75	)		4,228		(770	)
Total		193	$	176,786	$	(2,359	)	$	36,124	$	(2,022	)	$	212,910	$	(4,381	)

Schedule Of Pooled Trust Preferred Securities [Table Text Block]

Deal	Class	Book value		Fair value		Unreal-ized gains (losses)			Realized OTTI credit loss (YTD 2016)		Total recognized OTTI credit loss			Moody's /Fitch ratings	Current number of performing banks		Current number of performing insurance companies		Actual deferrals and defaults as a % of total collateral			Total performing collateral as a % of outstanding bonds
PreTSL IV	Mezzanine*	$	243	$	190	$	(53	)	$	-	$	(1	)	B1/BB		5		-		18.0	%		141.1	%
PreTSL XVII	Mezzanine		614		467		(147	)		-		(222	)	C/CC		34		5		21.6			99.3
PreTSL XIX	Mezzanine		932		545		(387	)		-		-		Caa1/CC		40		12		11.3			97.2
PreTSL XXV	Mezzanine		766		485		(281	)		-		(222	)	Ca/C		45		5		26.8			89.1
PreTSL XXVI	Mezzanine		412		337		(75	)		-		(270	)	Caa3/C		43		7		20.4			96.5
PreTSL XXVI	Mezzanine		127		376		249			-		(438	)	Caa3/C		43		7		20.4			96.5
		$	3,094	$	2,400	$	(694	)	$	-	$	(1,153	)