Note 9 - Business Combination (Tables)

3 Months Ended

Mar. 31, 2017

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

Consideration paid:	Original Estimates		Adjustments to Estimates			Final Valuation
Cash	$	7,136	$	-		$	7,136
Equity instruments		202		-			202
Deferred additional purchase price		500		-			500
Value of consideration	$	7,838	$	-		$	7,838
Assets acquired:
Cash and cash equivalents	$	1,223	$	-		$	1,223
Loans held for sale		20,871		-			20,871
Loans receivable		1,132		-			1,132
Premises and equipment		103		-			103
Derivative assets		1,508		-			1,508
Intangible assets – non compete agreements		104		-			104
Other assets		125		-			125
Total assets		25,066		-			25,066
Liabilities assumed:
Warehouse lines of credit		19,666		-			19,666
Derivative liabilities		412		-			412
Other liabilities		2,042		119			2,161
Total liabilities		22,120		119			22,239
Net assets acquired		2,946		(119	)		2,827
Goodwill resulting from acquisition of Oak Mortgage	$	4,892	$	119		$	5,011

Business Acquisition, Pro Forma Information [Table Text Block]

(dollars in thousands)	Three Months Ended March 31,
	2016
Total revenues	$	17,460
Net income	$	1,484