XML 77 R15.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Note 7 - Other Real Estate Owned | 9 Months Ended
--- | ---
Sep. 30, 2015
Disclosure Text Block [Abstract] |
Real Estate Owned [Text Block] | 7. Other Real Estate Owned The following are changes in OREO during the periods indicated:
|  | For the three months ended September 30, |  | For the nine months ended September 30,
|  | 2015 |  | 2014 |  | 2015 |  | 2014
|  | (In thousands)
Balance at beginning of period |  | $ | 4,255 |  |  | $ | 1,346 |  |  | $ | 6,326 |  |  | $ | 2,985 |
Acquisitions |  |  | 816 |  |  |  | 5,143 |  |  |  | 1,588 |  |  |  | 5,749 |
Write-down of carrying value |  |  | - |  |  |  | - |  |  |  | (896 | ) |  |  | (5 | )
Sales |  |  | (216 | ) |  |  | (697 | ) |  |  | (2,163 | ) |  |  | (2,937 | )
Balance at end of period |  | $ | 4,855 |  |  | $ | 5,792 |  |  | $ | 4,855 |  |  | $ | 5,792 |
The following table shows the gross gains, gross losses and write-downs of OREO reported in the Consolidated Statements of Income during the periods indicated:
|  | For the three months ended September 30, |  | For the nine months ended September 30,
|  | 2015 |  | 2014 |  | 2015 |  | 2014
|  | (In thousands)
Gross gains |  | $ | 4 |  |  | $ | - |  |  | $ | 306 |  |  | $ | 132 |
Gross losses |  |  | - |  |  |  | (34 | ) |  |  | (6 | ) |  |  | (65 | )
Write-down of carrying value |  |  | - |  |  |  | - |  |  |  | (896 | ) |  |  | (5 | )
Total gain (loss) |  | $ | 4 |  |  | $ | (34 | ) |  | $ | (596 | ) |  | $ | 62 |
We may obtain physical possession of residential real estate collateralizing a consumer mortgage loan via foreclosure on an in-substance repossession. During the three and nine months ended September 30, 2015, we did not foreclose on any consumer mortgages through in-substance repossession. OREO are included in other assets on the Company’s balance sheet. At September 30, 2015, we did not hold any foreclosed residential real estate. At December 31, 2014, we held foreclosed residential real estate totaling $1.3 million. Included within net loans as of September 30, 2015 was a recorded investment of $13.9 million of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process according to local requirements of the applicable jurisdiction.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for real estate owned (as defined). Generally, the largest component of real estate owned by lenders is assets taken in settlement of troubled loans through surrender or foreclosure. Real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 40 -Section 40 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=56956306&loc=d3e18551-111553 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 40 -Section 40 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=56956306&loc=d3e18511-111553 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=28367877&loc=d3e4437-111522 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 35 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=29634951&loc=d3e1424-110224 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.10(4)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 35 -Paragraph 43 -URI http://asc.fasb.org/extlink&oid=29634951&loc=d3e1739-110224 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 11 -Article 9 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 28 -Article 12 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Subparagraph Schedule III -Article 5 + Details
Name: | us-gaap_RealEstateOwnedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration