Note 7 - Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

(dollars in thousands)	Total		(Level 1) Quoted Prices in Active Markets for Identical Assets		(Level 2) Significant Other Observable Inputs		(Level 3) Significant Unobservable Inputs
March 31, 2016
Collateralized mortgage obligations	$	155,097	$	-	$	155,097	$	-
Agency mortgage-backed securities		9,962		-		9,962		-
Municipal securities		23,658		-		23,658		-
Corporate bonds		52,778		-		49,934		2,844
Asset-backed securities		16,799		-		16,799		-
Trust Preferred Securities		1,858		-		-		1,858
Other securities		117		-		117		-
Securities Available for Sale	$	260,269	$	-	$	255,567	$	4,702
SBA Servicing Assets	$	5,058					$	5,058
December 31, 2015
Collateralized mortgage obligations	$	178,145	$	-	$	178,145	$	-
Agency mortgage-backed securities		10,171		-		10,171		-
Municipal securities		23,344		-		23,344		-
Corporate bonds		54,129		-		51,295		2,834
Asset-backed securities		17,005		-		17,005		-
Trust Preferred Securities		1,883		-		-		1,883
Other securities		118		-		118		-
Securities Available for Sale	$	284,795	$	-	$	280,078	$	4,717
SBA Servicing Assets	$	4,886					$	4,886

Schedule of Servicing Assets at Fair Value [Table Text Block]

	Three Months Ended March 31,
(dollars in thousands)	2016			2015
Beginning balance	$	4,886		$	4,099
Additions		242			135
Fair value adjustments		(70	)		33
Ending balance	$	5,058		$	4,267

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

	Three Months Ended March 31, 2016					Three Months Ended March 31, 2015
Level 3 Investments Only (dollars in thousands)	Trust Preferred Securities			Corporate Bonds		Trust Preferred Securities			Corporate Bonds
Balance, January 1st	$	1,883		$	2,834	$	3,193		$	3,005
Unrealized (losses) gains		(24	)		10		(129	)		1
Paydowns		-			-		(19	)		-
Proceeds from sales		-			-		-			-
Realized (losses) gains		-			-		-			-
Impairment charges on Level 3		(1	)		-		(3	)		-
Balance, March 31st	$	1,858		$	2,844	$	3,042		$	3,006

Fair Value Measurements, Nonrecurring [Table Text Block]

(dollars in thousands)	Total		(Level 1) Quoted Prices in Active Markets for Identical Assets		(Level 2) Significant Other Observable Inputs		(Level 3) Significant Unobservable Inputs
March 31, 2016
Impaired loans	$	3,862	$	-	$	-	$	3,862
Other real estate owned		8,185		-		-		8,185
December 31, 2015
Impaired loans	$	5,734	$	-	$	-	$	5,734
Other real estate owned		10,034		-		-		10,034

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

	Quantitative Information about Level 3 Fair Value Measurements
Asset Description	Fair Value		Valuation Technique	Unobservable Input	Range Weighted Average
March 31, 2016
Corporate bonds	$	2,844	Discounted  Cash Flows	Discount Rate				(4.13%)
Trust preferred securities	$	1,858	Discounted Cash Flows	Discount Rate	7.38%	-	7.88%	(7.61%)
SBA servicing assets	$	5,058	Discounted Cash Flows	Conditional Prepayment Rate				(6.28%)
				Discount Rate				(10.00%)
Impaired loans	$	3,862	Appraised Value of Collateral (1)	Liquidation expenses (2)	12%	-	35%	(21%)	(3)
				Appraisal adjustment (2)				(9%)	(3)
Other real estate owned	$	8,185	Appraised Value of Collateral (1)	Liquidation expenses (2)	7%	-	19%	(7%)	(3)
				Appraisal adjustment (2)				(0%)
			Sales Price	Liquidation expenses (2)				(6%)	(3)
December 31, 2015
Corporate bonds	$	2,834	Discounted Cash Flows	Discount Rate				(4.11%)
Trust preferred securities	$	1,883	Discounted Cash Flows	Discount Rate	7.31%	-	7.81%	(7.77%)
SBA servicing assets	$	4,886	Discounted Cash Flows	Conditional Prepayment Rate				(6.27%)
				Discount Rate				(10.00%)
Impaired loans	$	5,734	Appraised Value of Collateral (1)	Liquidation expenses (2)	12%	-	78%	(20%)	(3)
Other real estate owned	$	10,034	Appraised Value of Collateral (1)	Liquidation expenses (2)	6%	-	30%	(10%)	(3)
				Appraisal adjustment (2)				(50%)
			Sales Price	Liquidation expenses (2)	7%	-	9%	(9%)	(3)

Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets [Table Text Block]

(dollars in thousands)	March 31, 2016			December 31, 2015
SBA Servicing Asset
Fair Value of SBA Servicing Asset	$	5,058		$	4,886
Composition of SBA Loans Serviced for Others
Fixed-rate SBA loans		0	%		0	%
Adjustable-rate SBA loans		100	%		100	%
Total		100	%		100	%
Weighted Average Remaining Term (in years)	20.9			20.9
Prepayment Speed		6.28	%		6.27	%
Effect on fair value of a 10% increase	$	(155	)	$	(151	)
Effect on fair value of a 20% increase		(303	)		(296	)
Weighted Average Discount Rate		10.00	%		10.00	%
Effect on fair value of a 10% increase	$	(213	)	$	(206	)
Effect on fair value of a 20% increase		(409	)		(397	)

Fair Value, by Balance Sheet Grouping [Table Text Block]

	Fair Value Measurements at March 31, 2016
(dollars 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)
Balance Sheet Data
Financial assets:
Cash and cash equivalents	$	65,198	$	65,198	$	65,198	$	-	$	-
Investment securities available for sale		260,269		260,269		-		255,567		4,702
Investment securities held to maturity		178,628		181,306		-		181,306		-
Restricted stock		1,179		1,179		-		1,179		-
Loans held for sale		1,983		1,999		-		-		1,999
Loans receivable, net		890,088		870,274		-		-		870,274
SBA servicing assets		5,058		5,058		-		-		5,058
Accrued interest receivable		4,434		4,434		-		4,434		-
Financial liabilities:
Deposits
Demand, savings and money market	$	1,277,199	$	1,277,199	$	-	$	1,277,199	$	-
Time		60,408		60,340		-		60,340		-
Subordinated debt		22,476		19,186		-		-		19,186
Accrued interest payable		219		219		-		219		-
Off-Balance Sheet Data
Commitments to extend credit		-		-
Standby letters-of-credit		-		-

	Fair Value Measurements at December 31, 2015
(dollars 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)
Balance Sheet Data
Financial assets:
Cash and cash equivalents	$	27,139	$	27,139	$	27,139	$	-	$	-
Investment securities available for sale		284,795		284,795		-		280,078		4,717
Investment securities held to maturity		172,277		171,845		-		171,845		-
Restricted stock		3,059		3,059		-		3,059		-
Loans held for sale		3,653		3,831		-		-		3,831
Loans receivable, net		866,066		849,578		-		-		849,578
SBA servicing assets		4,886		4,886		-		-		4,886
Accrued interest receivable		4,216		4,216		-		4,216		-
Financial liabilities:
Deposits
Demand, savings and money market	$	1,181,720	$	1,181,720	$	-	$	1,181,720	$	-
Time		67,578		67,422		-		67,422		-
Short-term borrowings		47,000		47,000		-		47,000		-
Subordinated debt		22,476		18,972		-		-		18,972
Accrued interest payable		245		245		-		245		-
Off-Balance Sheet Data
Commitments to extend credit		-		-
Standby letters-of-credit		-		-