Note 3 - Loans (Tables)

9 Months Ended

Sep. 30, 2016

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

(in thousands)	September 30, 2016		December 31, 2015
Commercial and industrial	$	708,508	$	644,398
Construction and development, excluding undeveloped land		171,994		134,482
Undeveloped land		19,993		21,185

Real estate mortgage:
Commercial investment		510,128		436,989
Owner occupied commercial		412,733		420,666
1-4 family residential		245,229		226,575
Home equity - first lien		54,837		50,115
Home equity - junior lien		65,605		63,066
Subtotal: Real estate mortgage		1,288,532		1,197,411

Consumer		33,679		35,531

Total loans	$	2,222,706	$	2,033,007

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

(in thousands)	Type of loan
September 30, 2016	Commercial and industrial		Construction and development excluding undeveloped land		Undeveloped land		Real estate mortgage		Consumer		Total

Loans	$	708,508	$	171,994	$	19,993	$	1,288,532	$	33,679	$	2,222,706

Loans collectively evaluated for impairment	$	705,335	$	171,084	$	19,338	$	1,284,798	$	33,592	$	2,214,147

Loans individually evaluated for impairment	$	3,115	$	910	$	655	$	3,121	$	87	$	7,888

Loans acquired with deteriorated credit quality	$	58	$	-	$	-	$	613	$	-	$	671

	Commercial and industrial			Construction and development excluding undeveloped land		Undeveloped land			Real estate mortgage			Consumer			Total
Allowance for loan losses
At December 31, 2015	$	8,645		$	1,760	$	814		$	10,875		$	347		$	22,441
Provision (credit)		2,415			229		(128	)		(131	)		115			2,500
Charge-offs		(627	)		-		-			(426	)		(419	)		(1,472	)
Recoveries		252			21		-			318			309			900
At September 30, 2016	$	10,685		$	2,010	$	686		$	10,636		$	352		$	24,369

Allowance for loans collectively evaluated for impairment	$	9,296		$	1,865	$	652		$	10,483		$	291		$	22,587

Allowance for loans individually evaluated for impairment	$	1,389		$	145	$	34		$	153		$	61		$	1,782

Allowance for loans acquired with deteriorated credit quality	$	-		$	-	$	-		$	-		$	-		$	-

(in thousands)	Type of loan
December 31, 2015	Commercial and industrial		Construction and development excluding undeveloped land		Undeveloped land		Real estate mortgage		Consumer		Total

Loans	$	644,398	$	134,482	$	21,185	$	1,197,411	$	35,531	$	2,033,007

Loans collectively evaluated for impairment	$	639,760	$	134,160	$	21,185	$	1,192,864	$	35,463	$	2,023,432

Loans individually evaluated for impairment	$	4,635	$	-	$	-	$	4,050	$	68	$	8,753

Loans acquired with deteriorated credit quality	$	3	$	322	$	-	$	497	$	-	$	822

	Commercial and industrial			Construction and development excluding undeveloped land			Undeveloped land			Real estate mortgage			Consumer			Total
Allowance for loan losses
At December 31, 2014	$	11,819		$	721		$	1,545		$	10,541		$	294		$	24,920
Provision (credit)		793			1,065			(2,131	)		872			151			750
Charge-offs		(4,065	)		(26	)		-			(693	)		(597	)		(5,381	)
Recoveries		98			-			1,400			155			499			2,152
At December 31, 2015	$	8,645		$	1,760		$	814		$	10,875		$	347		$	22,441

Allowance for loans collectively evaluated for impairment	$	8,377		$	1,760		$	814		$	10,667		$	279		$	21,897

Allowance for loans individually evaluated for impairment	$	268		$	-		$	-		$	208		$	68		$	544

Allowance for loans acquired with deteriorated credit quality	$	-		$	-		$	-		$	-		$	-		$	-

Schedule of Certain Loans Acquired in Transfer Not Accounted for As Debt Securities, Accretable Yield Movement [Table Text Block]

(in thousands)	Accretable discount			Non- accretable discount
Balance at December 31, 2014	$	62		$	266

Accretion		(59	)		(77	)
Reclassifications from (to) non-accretable discount		-			-
Disposals		-			-
Balance at December 31, 2015	$	3		$	189

Accretion		(3	)		(41	)
Reclassifications from (to) non-accretable discount		-			-
Disposals		-			-
Balance at September 30, 2016	$	-		$	148

Impaired Financing Receivables [Table Text Block]

(in thousands)			Unpaid				Average
September 30, 2016	Recorded investment		principal balance		Related allowance		recorded investment

Loans with no related allowance recorded:
Commercial and industrial	$	999	$	1,440	$	-	$	2,354
Construction and development, excluding undeveloped land		-		-		-		-
Undeveloped land		149		149		-		37

Real estate mortgage
Commercial investment		94		94		-		214
Owner occupied commercial		1,060		1,497		-		1,434
1-4 family residential		920		920		-		980
Home equity - first lien		-		-		-		3
Home equity - junior lien		559		559		-		299
Subtotal: Real estate mortgage		2,633		3,070		-		2,930

Consumer		26		26		-		22
Subtotal	$	3,807	$	4,685	$	-	$	5,343

Loans with an allowance recorded:
Commercial and industrial	$	2,116	$	2,590	$	1,389	$	1,433
Construction and development, excluding undeveloped land		910		910		145		228
Undeveloped land		506		506		34		127

Real estate mortgage
Commercial investment		-		-		-		-
Owner occupied commercial		488		488		153		693
1-4 family residential		-		-		-		-
Home equity - first lien		-		-		-		-
Home equity - junior lien		-		-		-		-
Subtotal: Real estate mortgage		488		488		153		693

Consumer		61		61		61		65
Subtotal	$	4,081	$	4,555	$	1,782	$	2,546

Total:
Commercial and industrial	$	3,115	$	4,030	$	1,389	$	3,787
Construction and development, excluding undeveloped land		910		910		145		228
Undeveloped land		655		655		34		164

Real estate mortgage		-		-		-		-
Commercial investment		94		94		-		214
Owner occupied commercial		1,548		1,985		153		2,127
1-4 family residential		920		920		-		980
Home equity - first lien		-		-		-		3
Home equity - junior lien		559		559		-		299
Subtotal: Real estate mortgage		3,121		3,558		153		3,623

Consumer		87		87		61		87
Total	$	7,888	$	9,240	$	1,782	$	7,889

(in thousands)			Unpaid				Average
December 31, 2015	Recorded investment		principal balance		Related allowance		recorded investment

Loans with no related allowance recorded:
Commercial and industrial	$	3,119	$	3,859	$	-	$	1,414
Construction and development, excluding undeveloped land		-		151		-		21
Undeveloped land		-		-		-		-

Real estate mortgage
Commercial investment		278		278		-		178
Owner occupied commercial		1,743		2,713		-		1,622
1-4 family residential		906		906		-		661
Home equity - first lien		13		13		-		37
Home equity - junior lien		92		92		-		69
Subtotal: Real estate mortgage		3,032		4,002		-		2,567

Consumer		-		-		-		3
Subtotal	$	6,151	$	8,012	$	-	$	4,005

Loans with an allowance recorded:
Commercial and industrial	$	1,516	$	3,087	$	268	$	4,612
Construction and development, excluding undeveloped land		-		-		-		368
Undeveloped land		-		-		-		-

Real estate mortgage
Commercial investment		-		-		-		92
Owner occupied commercial		1,018		1,018		208		1,266
1-4 family residential		-		-		-		188
Home equity - first lien		-		-		-		-
Home equity - junior lien		-		-		-		-
Subtotal: Real estate mortgage		1,018		1,018		208		1,546

Consumer		68		68		68		72
Subtotal	$	2,602	$	4,173	$	544	$	6,598

Total:
Commercial and industrial	$	4,635	$	6,946	$	268	$	6,026
Construction and development, excluding undeveloped land		-		151		-		389
Undeveloped land		-		-		-		-

Real estate mortgage		-		-		-		-
Commercial investment		278		278		-		270
Owner occupied commercial		2,761		3,731		208		2,888
1-4 family residential		906		906		-		849
Home equity - first lien		13		13		-		37
Home equity - junior lien		92		92		-		69
Subtotal: Real estate mortgage		4,050		5,020		208		4,113

Consumer		68		68		68		75
Total	$	8,753	$	12,185	$	544	$	10,603

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

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

Commercial and industrial	$	2,177	$	3,643
Construction and development, excluding undeveloped land		910		-
Undeveloped land		655		-

Real estate mortgage
Commercial investment		94		278
Owner occupied commercial		1,548		2,761
1-4 family residential		920		906
Home equity - first lien		-		13
Home equity - junior lien		559		92
Subtotal: Real estate mortgage		3,121		4,050

Consumer		26		-

Total	$	6,889	$	7,693

Past Due Financing Receivables [Table Text Block]

(in thousands)
September 30, 2016	30-59 days past due		60-89 days past due		90 or more days past due (includes) non-accrual)		Total past due		Current		Total loans		Recorded investment > 90 days and accruing

Commercial and industrial	$	40	$	140	$	2,177	$	2,357	$	706,151	$	708,508	$	-
Construction and development, excluding undeveloped land		235		214		910		1,359		170,635		171,994		-
Undeveloped land		-		-		654		654		19,339		19,993		-
Real estate mortgage
Commercial investment		380		171		94		645		509,483		510,128		-
Owner occupied commercial		1,220		331		1,548		3,099		409,634		412,733		-
1-4 family residential		1,292		966		954		3,212		242,017		245,229		34
Home equity - first lien		-		-		46		46		54,791		54,837		46
Home equity - junior lien		641		31		560		1,232		64,373		65,605		-
Subtotal: Real estate mortgage		3,533		1,499		3,202		8,234		1,280,298		1,288,532		80
Consumer		16		1		26		43		33,636		33,679		-
Total	$	3,824	$	1,854	$	6,969	$	12,647	$	2,210,059	$	2,222,706	$	80

December 31, 2015

Commercial and industrial	$	238	$	327	$	3,643	$	4,208	$	640,190	$	644,398	$	-
Construction and development, excluding undeveloped land		-		-		-		-		134,482		134,482		-
Undeveloped land		-		-		-		-		21,185		21,185		-
Real estate mortgage
Commercial investment		290		140		278		708		436,281		436,989		-
Owner occupied commercial		-		-		2,761		2,761		417,905		420,666		-
1-4 family residential		1,147		94		1,082		2,323		224,252		226,575		176
Home equity - first lien		35		51		13		99		50,016		50,115		-
Home equity - junior lien		285		173		92		550		62,516		63,066		-
Subtotal: Real estate mortgage		1,757		458		4,226		6,441		1,190,970		1,197,411		176
Consumer		343		8		-		351		35,180		35,531		-
Total	$	2,338	$	793	$	7,869	$	11,000	$	2,022,007	$	2,033,007	$	176

Financing Receivable Credit Quality Indicators [Table Text Block]

(in thousands)
September 30, 2016	Pass		OAEM		Substandard		Substandard non-performing		Doubtful		Total loans

Commercial and industrial	$	684,445	$	15,290	$	5,658	$	3,115	$	-	$	708,508
Construction and development, excluding undeveloped land		170,755		-		329		910		-		171,994
Undeveloped land		19,338		-		1		654		-		19,993
Real estate mortgage
Commercial investment		508,150		1,884		-		94		-		510,128
Owner occupied commercial		401,383		8,294		1,508		1,548		-		412,733
1-4 family residential		244,275		-		-		954		-		245,229
Home equity - first lien		54,791		-		-		46		-		54,837
Home equity - junior lien		65,045		-		-		560		-		65,605
Subtotal: Real estate mortgage		1,273,644		10,178		1,508		3,202		-		1,288,532
Consumer		33,592		-		-		87		-		33,679
Total	$	2,181,774	$	25,468	$	7,496	$	7,968	$	-	$	2,222,706


December 31, 2015

Commercial and industrial	$	612,853	$	19,672	$	7,238	$	4,635	$	-	$	644,398
Construction and development, excluding undeveloped land		133,342		773		367		-		-		134,482
Undeveloped land		20,513		517		155		-		-		21,185
Real estate mortgage
Commercial investment		434,528		2,183		-		278		-		436,989
Owner occupied commercial		397,357		17,135		3,413		2,761		-		420,666
1-4 family residential		224,645		848		-		1,082		-		226,575
Home equity - first lien		50,102		-		-		13		-		50,115
Home equity - junior lien		62,924		50		-		92		-		63,066
Subtotal: Real estate mortgage		1,169,556		20,216		3,413		4,226		-		1,197,411
Consumer		35,463		-		-		68		-		35,531
Total	$	1,971,727	$	41,178	$	11,173	$	8,929	$	-	$	2,033,007