Note 6 - Loans Receivable and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2015

Receivables [Abstract]

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

(dollars in thousands)		September 30, 2015			December 31, 2014
Commercial real estate	$	377,307		$	379,259
Construction and land development		41,418			29,861
Commercial and industrial		174,631			145,113
Owner occupied real estate		203,735			188,025
Consumer and other		46,136			39,713
Residential mortgage		2,395			408
Total loans receivable		845,622			782,379
Deferred costs (fees)		(262	)		(439	)
Allowance for loan losses		(8,323	)		(11,536	)
Net loans receivable	$	837,037		$	770,404

Impaired Financing Receivables [Table Text Block]

	September 30, 2015						December 31, 2014
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded:
Commercial real estate	$	14,349	$	14,483	$	-	$	11,964	$	11,969	$	-
Construction and land development		376		2,467		-		61		158		-
Commercial and industrial		1,972		3,229		-		3,764		7,275		-
Owner occupied real estate		509		509		-		524		528		-
Consumer and other		805		1,083		-		429		708		-
Total	$	18,011	$	21,771	$	-	$	16,742	$	20,638	$	-
With an allowance recorded:
Commercial real estate	$	313	$	313	$	98	$	13,118	$	13,245	$	3,858
Construction and land development		38		1,691		38		316		3,741		217
Commercial and industrial		4,436		7,110		1,368		1,457		2,057		211
Owner occupied real estate		3,023		3,035		919		4,011		4,162		844
Consumer and other		149		149		19		-		-		-
Total	$	7,959	$	12,298	$	2,442	$	18,902	$	23,205	$	5,130
Total:
Commercial real estate	$	14,662	$	14,796	$	98	$	25,082	$	25,214	$	3,858
Construction and land development		414		4,158		38		377		3,899		217
Commercial and industrial		6,408		10,339		1,368		5,221		9,332		211
Owner occupied real estate		3,532		3,544		919		4,535		4,690		844
Consumer and other		954		1,232		19		429		708		-
Total	$	25,970	$	34,069	$	2,442	$	35,644	$	43,843	$	5,130

	Three Months Ended September 30,
	2015				2014
(dollars in thousands)	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial real estate	$	13,923	$	73	$	6,578	$	88
Construction and land development		328		2		229		-
Commercial and industrial		2,459		16		3,290		10
Owner occupied real estate		589		1		806		2
Consumer and other		754		3		457		-
Total	$	18,053	$	95	$	11,360	$	100
With an allowance recorded:
Commercial real estate	$	2,479	$	3	$	13,150	$	(3	)
Construction and land development		62		-		551		-
Commercial and industrial		3,776		12		2,851		-
Owner occupied real estate		3,293		27		3,686		26
Consumer and other		111		1		17		-
Total	$	9,721	$	43	$	20,255	$	23
Total:
Commercial real estate	$	16,402	$	76	$	19,728	$	85
Construction and land development		390		2		780		-
Commercial and industrial		6,235		28		6,141		10
Owner occupied real estate		3,882		28		4,492		28
Consumer and other		865		4		474		-
Total	$	27,774	$	138	$	31,615	$	123

	Nine Months Ended September 30,
	2015				2014
(dollars in thousands)	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial real estate	$	13,073	$	214	$	6,682	$	300
Construction and land development		228		3		563		-
Commercial and industrial		3,435		64		2,896		11
Owner occupied real estate		749		5		762		4
Consumer and other		656		7		495		1
Total	$	18,141	$	293	$	11,398	$	316
With an allowance recorded:
Commercial real estate	$	6,803	$	6	$	13,216	$	5
Construction and land development		112		-		617		-
Commercial and industrial		2,456		12		3,691		-
Owner occupied real estate		3,837		90		3,304		96
Consumer and other		37		1		51		-
Total	$	13,245	$	109	$	20,879	$	101
Total:
Commercial real estate	$	19,876	$	220	$	19,898	$	305
Construction and land development		340		3		1,180		-
Commercial and industrial		5,891		76		6,587		11
Owner occupied real estate		4,586		95		4,066		100
Consumer and other		693		8		546		1
Total	$	31,386	$	402	$	32,277	$	417

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

(dollars in thousands)	Commercial Real Estate			Construction and Land Development			Commercial and Industrial			Owner Occupied Real Estate			Consumer and Other		Residential Mortgage		Unallocated			Total
Three months ended September 30, 2015
Allowance for loan losses:
Beginning balance:	$	2,707		$	311		$	2,823		$	1,787		$	251	$	2	$	517		$	8,398
Charge-offs		-			-			-			(78	)		-		-		-			(78	)
Recoveries		-			-			2			-			1		-		-			3
Provisions (credits)		(79	)		26			313			19			28		12		(319	)		-
Ending balance	$	2,628		$	337		$	3,138		$	1,728		$	280	$	14	$	198		$	8,323
Three months ended September 30, 2014
Allowance for loan losses:
Beginning balance:	$	6,776		$	1,024		$	2,791		$	1,129		$	220	$	13	$	110		$	12,063
Charge-offs		(176	)		(83	)		(152	)		-			-		-		-			(411	)
Recoveries		-			213			51			-			-		-		-			264
Provisions (credits)		98			(25	)		(165	)		436			6		-		(50	)		300
Ending balance	$	6,698		$	1,129		$	2,525		$	1,565		$	226	$	13	$	60		$	12,216

(dollars in thousands)	Commercial Real Estate			Construction and Land Development			Commercial and Industrial			Owner Occupied Real Estate			Consumer and Other			Residential Mortgage			Unallocated			Total
Nine months ended September 30, 2015
Allowance for loan losses:
Beginning balance:	$	6,828		$	917		$	1,579		$	1,638		$	234		$	2		$	338		$	11,536
Charge-offs		(2,623	)		(222	)		(325	)		(133	)		-			-			-			(3,303	)
Recoveries		4			5			48			-			33			-			-			90
Provisions (credits)		(1,581	)		(363	)		1,836			223			13			12			(140	)		-
Ending balance	$	2,628		$	337		$	3,138		$	1,728		$	280		$	14		$	198		$	8,323
Nine months ended September 30, 2014
Allowance for loan losses:
Beginning Balance:	$	6,454		$	1,948		$	2,309		$	985		$	225		$	14		$	328		$	12,263
Charge-offs		(364	)		(103	)		(435	)		-			(10	)		-			-			(912	)
Recoveries		-			213			52			-			-			-			-			265
Provisions (credits)		608			(929	)		599			580			11			(1	)		(268	)		600
Ending balance	$	6,698		$	1,129		$	2,525		$	1,565		$	226		$	13		$	60		$	12,216

(dollars in thousands)	Commercial Real Estate		Construction and Land Development		Commercial and Industrial		Owner Occupied Real Estate		Consumer and Other		Residential Mortgage		Unallocated		Total
September 30, 2015
Allowance for loan losses:
Individually evaluated for impairment	$	98	$	38	$	1,368	$	919	$	19	$	-	$	-	$	2,442
Collectively evaluated for impairment		2,530		299		1,770		809		261		14		198		5,881
Total allowance for loan losses	$	2,628	$	337	$	3,138	$	1,728	$	280	$	14	$	198	$	8,323
Loans receivable:
Loans evaluated individually	$	14,662	$	414	$	6,408	$	3,532	$	954	$	-	$	-	$	25,970
Loans evaluated collectively		362,645		41,004		168,223		200,203		45,182		2,395		-		819,652
Total loans receivable	$	377,307	$	41,418	$	174,631	$	203,735	$	46,136	$	2,395	$	-	$	845,622

(dollars in thousands)	Commercial Real Estate		Construction and Land Development		Commercial and Industrial		Owner Occupied Real Estate		Consumer and Other		Residential Mortgage		Unallocated		Total
December 31, 2014
Allowance for loan losses:
Individually evaluated for impairment	$	3,858	$	217	$	211	$	844	$	-	$	-	$	-	$	5,130
Collectively evaluated for impairment		2,970		700		1,368		794		234		2		338		6,406
Total allowance for loan losses	$	6,828	$	917	$	1,579	$	1,638	$	234	$	2	$	338	$	11,536
Loans receivable:
Loans evaluated individually	$	25,082	$	377	$	5,221	$	4,535	$	429	$	-	$	-	$	35,644
Loans evaluated collectively		354,177		29,484		139,892		183,490		39,284		408		-		746,735
Total loans receivable	$	379,259	$	29,861	$	145,113	$	188,025	$	39,713	$	408	$	-	$	782,379

Past Due Financing Receivables [Table Text Block]

(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days		Total Past Due		Current		Total Loans Receivable		Loans Receivable > 90 Days and Accruing
At September 30, 2015
Commercial real estate	$	-	$	6,897	$	8,142	$	15,039	$	362,268	$	377,307	$	-
Construction and land development		-		-		414		414		41,004		41,418		-
Commercial and industrial		-		153		4,888		5,041		169,590		174,631		844
Owner occupied real estate		-		2,299		1,225		3,524		200,211		203,735		-
Consumer and other		200		-		547		747		45,389		46,136		-
Residential mortgage		-		-		-		-		2,395		2,395		-
Total	$	200	$	9,349	$	15,216	$	24,765	$	820,857	$	845,622	$	844

(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days		Total Past Due		Current		Total Loans Receivable		Loans Receivable > 90 Days and Accruing
At December 31, 2014
Commercial real estate	$	713	$	11,034	$	13,979	$	25,726	$	353,533	$	379,259	$	-
Construction and land development		-		-		377		377		29,484		29,861		-
Commercial and industrial		193		2,186		4,349		6,728		138,385		145,113		-
Owner occupied real estate		626		812		2,306		3,744		184,281		188,025		-
Consumer and other		149		30		429		608		39,105		39,713		-
Residential mortgage		-		-		-		-		408		408		-
Total	$	1,681	$	14,062	$	21,440	$	37,183	$	745,196	$	782,379	$	-

Financing Receivable Credit Quality Indicators [Table Text Block]

(dollars in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
At September 30, 2015:
Commercial real estate	$	354,631	$	8,014	$	14,662	$	-	$	377,307
Construction and land development		41,004		-		414		-		41,418
Commercial and industrial		167,945		278		4,979		1,429		174,631
Owner occupied real estate		199,731		472		3,532		-		203,735
Consumer and other		45,107		75		954		-		46,136
Residential mortgage		2,395		-		-		-		2,395
Total	$	810,813	$	8,839	$	24,541	$	1,429	$	845,622

(dollars in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
At December 31, 2014:
Commercial real estate	$	345,444	$	8,199	$	25,616	$	-	$	379,259
Construction and land development		29,484		-		377		-		29,861
Commercial and industrial		139,062		702		3,920		1,429		145,113
Owner occupied real estate		181,940		1,550		4,535		-		188,025
Consumer and other		38,951		75		687		-		39,713
Residential mortgage		408		-		-		-		408
Total	$	735,289	$	10,526	$	35,135	$	1,429	$	782,379

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

(dollars in thousands)	September 30, 2015		December 31, 2014
Commercial real estate	$	8,142	$	13,979
Construction and land development		414		377
Commercial and industrial		4,044		4,349
Owner occupied real estate		1,225		2,306
Consumer and other		547		429
Residential mortgage		-		-
Total	$	14,372	$	21,440

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

(dollars in thousands)	Number of Loans		Accrual Status		Non- Accrual Status		Total TDRs
September 30, 2015
Commercial real estate		1	$	6,004	$	-	$	6,004
Construction and land development		-		-		-		-
Commercial and industrial		2		-		1,819		1,819
Owner occupied real estate		1		1,827		-		1,827
Consumer and other		-		-		-		-
Residential mortgage		-		-		-		-
Total		4	$	7,831	$	1,819	$	9,650
December 31, 2014
Commercial real estate		1	$	6,069	$	-	$	6,069
Construction and land development		-		-		-		-
Commercial and industrial		1		-		1,673		1,673
Owner occupied real estate		1		1,852		-		1,852
Consumer and other		-		-		-		-
Residential mortgage		-		-		-		-
Total		3	$	7,921	$	1,673	$	9,594