Note 5 - Investment Securities (Tables)

9 Months Ended

Sep. 30, 2015

Investments, Debt and Equity Securities [Abstract]

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

	At September 30, 2015
(dollars in thousands)	Amortized  Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Collateralized mortgage obligations	$	127,369	$	1,371	$	(353	)	$	128,387
Mortgage-backed securities		10,287		188		(51	)		10,424
Municipal securities		21,820		374		(110	)		22,084
Corporate bonds		29,313		275		(367	)		29,221
Asset-backed securities		17,804		-		(590	)		17,214
Trust preferred securities		3,070		-		(1,400	)		1,670
Other securities		115		4		-			119
Total securities available for sale	$	209,778	$	2,212	$	(2,871	)	$	209,119
U.S. Government agencies	$	12,091	$	1	$	(39	)	$	12,053
Collateralized mortgage obligations		120,051		1,574		(206	)		121,419
Mortgage-backed securities		7,954		73		-			8,027
Other securities		20		-		-			20
Total securities held to maturity	$	140,116	$	1,648	$	(245	)	$	141,519

	At December 31, 2014
(dollars in thousands)	Amortized Cost		Gross Unrealized  Gains		Gross Unrealized  Losses			Fair Value
Collateralized mortgage obligations	$	98,626	$	692	$	(96	)	$	99,222
Mortgage-backed securities		13,271		564		(33	)		13,802
Municipal securities		15,784		363		(40	)		16,107
Corporate bonds		33,840		621		(34	)		34,427
Asset-backed securities		18,353		152		-			18,505
Trust preferred securities		5,261		-		(2,068	)		3,193
Other securities		115		8		-			123
Total securities available for sale	$	185,250	$	2,400	$	(2,271	)	$	185,379
U.S. Government agencies	$	1	$	-	$	-		$	1
Collateralized mortgage obligations		67,845		531		(144	)		68,232
Other securities		20		-		-			20
Total securities held to maturity	$	67,866	$	531	$	(144	)	$	68,253

Investments Classified by Contractual Maturity Date [Table Text Block]

	Available for Sale				Held to Maturity
(dollars in thousands)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due in 1 year or less	$	23,526	$	24,035	$	1	$	1
After 1 year to 5 years		68,022		67,445		62,243		62,778
After 5 years to 10 years		106,071		105,624		77,872		78,740
After 10 years		12,159		12,015		-		-
Total	$	209,778	$	209,119	$	140,116	$	141,519

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

(dollars in thousands)	2015			2014
Beginning Balance, January 1st	$	3,966		$	3,959
Additional credit-related impairment loss on securities for which an other-than-temporary impairment was previously recognized		3			7
Reductions for securities paid off during the period		-			-
Reductions for securities sold during the period		(3,039	)
Reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the Company intends to sell the security		-			-
Ending Balance, September 30th	$	930		$	3,966

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]

	At September 30, 2015
	Less than 12 months				12 months or more				Total
(dollars in thousands)	Fair Value		Unrealized  Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Collateralized mortgage obligations	$	23,084	$	353	$	-	$	-	$	23,084	$	353
Mortgage-backed securities		5,815		29		1,010		22		6,825		51
Municipal securities		1,412		13		5,408		97		6,820		110
Corporate bonds		12,488		367		-		-		12,488		367
Asset backed securities		17,214		590		-		-		17,214		590
Trust preferred securities		-		-		1,670		1,400		1,670		1,400
Total Available for Sale	$	60,013	$	1,352	$	8,088	$	1,519	$	68,101	$	2,871

	At September 30, 2015
	Less than 12 months				12 months or more				Total
(dollars in thousands)	Fair Value		Unrealized  Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
U.S. Government agencies	$	4,018	$	39	$	-	$	-	$	4,018	$	39
Collateralized mortgage obligations		9,460		206		-		-		9,460		206
Total Held to Maturity	$	13,478	$	245	$	-	$	-	$	13,478	$	245

	At December 31, 2014
	Less than 12 months				12 months or more				Total
(dollars in thousands)	Fair Value		Unrealized  Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Collateralized mortgage obligations	$	17,331	$	96	$	-	$	-	$	17,331	$	96
Mortgage-backed securities		3,997		2		1,069		31		5,066		33
Municipal securities		1,298		10		1,395		30		2,693		40
Corporate bonds		4,880		34		-		-		4,880		34
Trust preferred securities		-		-		3,193		2,068		3,193		2,068
Total Available for Sale	$	27,506	$	142	$	5,657	$	2,129	$	33,163	$	2,271

	At December 31, 2014
	Less than 12 months				12 months or more				Total
(dollars in thousands)	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Collateralized mortgage obligations	$	19,766	$	92	$	9,232	$	52	$	28,998	$	144
Total Held to Maturity	$	19,766	$	92	$	9,232	$	52	$	28,998	$	144

Schedule of Trust Preferred Securities [Table Text Block]

(dollars in thousands)	Class /  Tranche	Amortized Cost		Fair Value		Unrealized Losses			Lowest Credit Rating Assigned	Number of Banks Currently Performing		Deferrals / Defaults as % of Current Balance			Conditional Default Rates for 2015 and beyond			Cumulative OTTI Life to Date
TPREF Funding II	Class B Notes	$	732	$	395	$	(337	)	C		20		36	%		0.38	%	$	267
TPREF Funding III	Class B2 Notes		1,518		815		(703	)	C		16		29			0.40			483
ALESCO Preferred Funding V	Class C1 Notes		820		460		(360	)	C		40		15			0.34			180
Total		$	3,070	$	1,670	$	(1,400	)			76		27	%				$	930