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

9 Months Ended

Sep. 30, 2016

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

(dollars in thousands)	September 30, 2016			December 31, 2015

Commercial real estate	$	376,466		$	349,726
Construction and land development		48,983			46,547
Commercial and industrial		186,126			181,850
Owner occupied real estate		268,435			246,398
Consumer and other		58,580			48,126
Residential mortgage		6,909			2,380
Total loans receivable		945,499			875,027
Deferred costs (fees)		42			(258	)
Allowance for loan losses		(9,453	)		(8,703	)
Net loans receivable	$	936,088		$	866,066

Impaired Financing Receivables [Table Text Block]

	September 3 0 , 2016						December 31, 2015
(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	$	12,305	$	12,307	$	-	$	11,692	$	11,730	$	-
Construction and land development		-		-		-		117		2,208		-
Commercial and industrial		1,515		2,648		-		2,381		3,683		-
Owner occupied real estate		672		685		-		507		507		-
Consumer and other		1,092		1,400		-		800		1,084		-
Total	$	15,584	$	17,040	$	-	$	15,497	$	19,212	$	-

With an allowance recorded:
Commercial real estate	$	7,165	$	7,179	$	1,290	$	511	$	511	$	47
Construction and land development		56		2,050		56		-		-		-
Commercial and industrial		3,719		6,385		1,799		3,112		5,779		1,111
Owner occupied real estate		1,859		1,860		544		2,862		2,876		1,059
Consumer and other		292		293		71		147		147		21
Total	$	13,091	$	17,767	$	3,760	$	6,632	$	9,313	$	2,238

Total:
Commercial real estate	$	19.470	$	19,486	$	1,290	$	12,203	$	12,241	$	47
Construction and land development		56		2,050		56		117		2,208		-
Commercial and industrial		5,234		9,033		1,799		5,493		9,462		1,111
Owner occupied real estate		2,531		2,545		544		3,369		3,383		1,059
Consumer and other		1,384		1,693		71		947		1,231		21
Total	$	28,675	$	34,807	$	3,760	$	22,129	$	28,525	$	2,238

Impaired Financing Receivables, Average Recorded Investment and Interest Income, Accrual Method [Table Text Block]

	Three Months Ended September 30,
	201 6				201 5
(dollars in thousands)	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial real estate	$	12,188	$	65	$	13,923	$	73
Construction and land development		22		-		328		2
Commercial and industrial		1,611		9		2,459		16
Owner occupied real estate		665		3		589		1
Consumer and other		1,027		5		754		3
Total	$	15,513	$	82	$	18,053	$	95

With an allowance recorded:
Commercial real estate	$	6,058	$	19	$	2,479	$	3
Construction and land development		43		-		62		-
Commercial and industrial		3,607		18		3,776		12
Owner occupied real estate		1,977		9		3,293		27
Consumer and other		278		2		111		1
Total	$	11,963	$	48	$	9,721	$	43

Total:
Commercial real estate	$	18,246	$	84	$	16,402	$	76
Construction and land development		65		-		390		2
Commercial and industrial		5,218		27		6,235		28
Owner occupied real estate		2,642		12		3,882		28
Consumer and other		1,305		7		865		4
Total	$	27,476	$	130	$	27,774	$	138

	Nine Months Ended September 30,
	201 6				201 5
(dollars in thousands)	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial real estate	$	11,954	$	197	$	13,073	$	214
Construction and land development		72		-		228		3
Commercial and industrial		1,797		30		3,435		64
Owner occupied real estate		647		6		749		5
Consumer and other		901		11		656		7
Total	$	15,371	$	244	$	18,141	$	293

With an allowance recorded:
Commercial real estate	$	3,844	$	43	$	6,803	$	6
Construction and land development		15		-		112		-
Commercial and industrial		3,389		56		2,456		12
Owner occupied real estate		2,205		23		3,837		90
Consumer and other		252		7		37		1
Total	$	9,705	$	129	$	13,245	$	109

Total:
Commercial real estate	$	15,798	$	240	$	19,876	$	220
Construction and land development		87		-		340		3
Commercial and industrial		5,186		86		5,891		76
Owner occupied real estate		2,852		29		4,586		95
Consumer and other		1,153		18		693		8
Total	$	25,076	$	373	$	31,386	$	402

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, 201 6
Allowance for loan losses:

Beginning balance:	$	3,293		$	365		$	3,136		$	1,366		$	324	$	11	$	266		$	8,761
Charge-offs		-			(3	)		-			-			-		-		-			(3	)
Recoveries		-			-			88			-			-		-		-			88
Provisions (credits)		9			137			(79	)		251			16		31		242			607
Ending balance	$	3,302		$	499		$	3,145		$	1,617		$	340	$	42	$	508		$	9,453

Three months ended September 30, 201 5
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

(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, 201 6
Allowance for loan losses:

Beginning balance:	$	2,393		$	338		$	2,932		$	2,030		$	295	$	14	$	701		$	8,703
Charge-offs		-			(3	)		(18	)		(954	)		-		-		-			(975	)
Recoveries		6			-			162			-			-		-		-			168
Provisions (credits)		903			164			69			541			45		28		(193	)		1,557
Ending balance	$	3,302		$	499		$	3,145		$	1,617		$	340	$	42	$	508		$	9,453

Nine months ended September 30, 201 5
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

(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, 201 6

Allowance for loan losses:
Individually evaluated for impairment	$	1,290	$	56	$	1,799	$	544	$	71	$	-	$	-	$	3,760
Collectively evaluated for impairment		2,012		443		1,346		1,073		269		42		508		5,693

Total allowance for loan losses	$	3,302	$	499	$	3,145	$	1,617	$	340	$	42	$	508	$	9,453

Loans receivable:

Loans evaluated individually	$	19,470	$	56	$	5,234	$	2,531	$	1,384	$	-	$	-	$	28,675

Loans evaluated collectively		356,996		48,927		180,892		265,904		57,196		6,909		-		916,824

Total loans receivable	$	376,466	$	48,983	$	186,126	$	268,435	$	58,580	$	6,909	$	-	$	945,499

(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, 201 5

Allowance for loan losses:
Individually evaluated for impairment	$	47	$	-	$	1,111	$	1,059	$	21	$	-	$	-	$	2,238
Collectively evaluated for impairment		2,346		338		1,821		971		274		14		701		6,465

Total allowance for loan losses	$	2,393	$	338	$	2,932	$	2,030	$	295	$	14	$	701	$	8,703

Loans receivable:

Loans evaluated individually	$	12,203	$	117	$	5,493	$	3,369	$	947	$	-	$	-	$	22,129

Loans evaluated collectively		337,523		46,430		176,357		243,029		47,179		2,380		-		852,898

Total loans receivable	$	349,726	$	46,547	$	181,850	$	246,398	$	48,126	$	2,380	$	-	$	875,027

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 , 201 6
Commercial real estate	$	-	$	12	$	13,280	$	13,292	$	363,174	$	376,466	$	-
Construction and land development		-		-		56		56		48,927		48,983		-
Commercial and industrial		-		747		3,149		3,896		182,230		186,126		-
Owner occupied real estate		-		-		1,874		1,874		266,561		268,435		-
Consumer and other		-		22		995		1,017		57,563		58,580		16
Residential mortgage		-		-		137		137		6,772		6,909		137
Total	$	-	$	781	$	19,491	$	20,272	$	925,227	$	945,499	$	153

(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, 201 5
Commercial real estate	$	-	$	7,657	$	5,913	$	13,570	$	336,156	$	349,726	$	-
Construction and land development		-		-		117		117		46,430		46,547		-
Commercial and industrial		1,661		997		3,156		5,814		176,036		181,850		-
Owner occupied real estate		800		469		2,894		4,163		242,235		246,398		-
Consumer and other		285		192		542		1,019		47,107		48,126		-
Residential mortgage		132		-		-		132		2,248		2,380		-
Total	$	2,878	$	9,315	$	12,622	$	24,815	$	850,212	$	875,027	$	-

Financing Receivable Credit Quality Indicators [Table Text Block]

(dollars in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
At September 30, 2 016 :
Commercial real estate	$	361,806	$	887	$	13,773	$	-	$	376,466
Construction and land development		48,927		-		56		-		48,983
Commercial and industrial		180,836		56		3,805		1,429		186,126
Owner occupied real estate		265,904		-		2,531		-		268,435
Consumer and other		57,196		-		1,384		-		58,580
Residential mortgage		6,909		-		-		-		6,909
Total	$	921,578	$	943	$	21,549	$	1,429	$	945,499

(dollars in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
At December 31, 2015 :
Commercial real estate	$	329,567	$	7,956	$	12,203	$	-	$	349,726
Construction and land development		46,430		-		117		-		46,547
Commercial and industrial		176,132		225		4,064		1,429		181,850
Owner occupied real estate		242,560		469		3,369		-		246,398
Consumer and other		47,104		75		947		-		48,126
Residential mortgage		2,380		-		-		-		2,380
Total	$	844,173	$	8,725	$	20,700	$	1,429	$	875,027

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

(dollars in thousands)	September 30, 2016		December 31, 2015
Commercial real estate	$	13,280	$	5,913
Construction and land development		56		117
Commercial and industrial		3,149		3,156
Owner occupied real estate		1,874		2,894
Consumer and other		979		542
Residential mortgage		-		-
Total	$	19,338	$	12,622

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

(dollars in thousands)	Number of Loans		Accrual Status		Non- Accrual Status		Total TDRs
September 30, 201 6
Commercial real estate		1	$	5,697	$	-	$	5,697
Construction and land development		-		-		-		-
Commercial and industrial		2		234		349		583
Owner occupied real estate		-		-		-		-
Consumer and other		-		-		-		-
Residential mortgage		-		-		-		-
Total		3	$	5,931	$	349	$	6,280

December 31, 201 5
Commercial real estate		1	$	5,778	$	-	$	5,778
Construction and land development		-		-		-		-
Commercial and industrial		2		252		935		1,187
Owner occupied real estate		1		-		1,825		1,825
Consumer and other		-		-		-		-
Residential mortgage		-		-		-		-
Total		4	$	6,030	$	2,760	$	8,790