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Note 2 - Business Combinations (Tables)
6 Months Ended
Jun. 30, 2014
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

(Dollars in thousands)

 

As Recorded by CVBK

   

Fair Value Adjustments

   

As Recorded by the Corporation

 

Consideration paid:

                       

CVBK common stock

                  $ 846  

CVBK preferred stock and warrants

                    3,350  

Total consideration paid

                    4,196  
                         

Identifiable assets acquired:

                       

Cash and cash equivalents

  $ 59,775     $     $ 59,775  

Securities available for sale, at fair value

    119,916       181       120,097  

Loans, net of allowance and unearned income

    164,814       (17,748

)

    147,066  

Corporate premises and equipment, net

    7,448       3,500       10,948  

Other real estate owned, net

    895       (500

)

    395  

Core deposit intangibles

    41       4,066       4,107  

Other assets

    16,623       6,030       22,653  

Total identifiable assets acquired

    369,512       (4,471

)

    365,041  
                         

Identifiable liabilities assumed:

                       

Deposits

    313,711       1,710       315,421  

Borrowings

    40,000       2,124       42,124  

Trust preferred capital notes

    5,155       (716

)

    4,439  

Other liabilities

    4,684       84       4,768  

Total identifiable liabilities assumed

    363,550       3,202       366,752  
                         

Net identifiable assets (liabilities) assumed

  $ 5,962     $ (7,673

)

    (1,711

)

                         

Goodwill resulting from acquisition

                  $ 5,907  
Business Acquisition, Pro Forma Information [Table Text Block]

(Dollars in thousands)

 

Unaudited Pro Forma Three Months Ended June 30, 2013

   

Unaudited Pro Forma Six Months Ended June 30, 2013

 

Total revenues, net of interest expense

  $ 28,044     $ 54,159  

Net income

    4,205       9,037