Note 8 - Income Taxes (Tables)

3 Months Ended

Mar. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

(In thousands)	March 31, 2015			March 31, 2014
Income taxes currently payable	$	5,760		$	3,599
Deferred income taxes		(1,578	)		(2,667	)
Provision for income taxes	$	4,182		$	932

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(In thousands)	March 31, 2015			December 31, 2014
Deferred tax assets:
Loans acquired	$	31,413		$	16,925
FDIC true-up liability		2,797			2,792
Allowance for loan losses		11,444			11,749
Valuation of foreclosed assets		15,420			14,167
Tax NOLs from acquisition		11,819			11,819
Deferred compensation payable		2,533			1,536
Vacation compensation		1,630			1,456
Accumulated depreciation		--			1,937
Loan interest		2,099			1,693
Accrued pension and profit sharing		1,793			1,793
Accrued equity and other compensation		4,814			3,356
Acquired securities		2,083			2,568
Accrued merger related costs		2,730			2,464
Basis difference in partnership investments		812			617
Unrealized loss on available-for-sale securities		--			862
Other		3,173			1,666
Gross deferred tax assets		94,560			77,400
Deferred tax liabilities:
Goodwill and other intangible amortization		(25,780	)		(16,953	)
FDIC acquired assets		(1,754	)		(4,377	)
Deferred loan fee income and expenses, net		(1,663	)		(1,515	)
FHLB stock dividends		(2,227	)		(1,160	)
Limitations under IRC Sec 382		(10,839	)		(11,169	)
Prepayment liabilities		(1,979	)		(1,141	)
Accumulated depreciation		(402	)		--
Unrealized gain on available-for-sale securities		(1,197	)		--
Other		(545	)		(337	)
Gross deferred tax liabilities		(46,386	)		(36,652	)
Net deferred tax asset, included in other assets	$	48,174		$	40,748

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

(In thousands)	March 31, 2015			March 31, 2014
Computed at the statutory rate (35%)	$	4,504		$	1,849
Increase (decrease) in taxes resulting from:
State income taxes, net of federal tax benefit		308			47
Tax exempt interest income		(1,024	)		(933	)
Tax exempt earnings on BOLI		(152	)		(115	)
Other differences, net		546			84
Actual tax provision	$	4,182		$	932