XML 44 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 12 - Fair Value (Tables)
3 Months Ended
Mar. 31, 2017
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
 
 
March 31, 2017
 
 
 
Total
 
 
Fair Value Measurements Using
 
(Amounts in thousands)
 
Fair Value
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
Available-for-sale securities
                               
U.S. Agency securities
  $
1,320
    $
-
    $
1,320
    $
-
 
Municipal securities
   
108,851
     
-
     
108,851
     
-
 
Single issue trust preferred securities
   
20,276
     
-
     
20,276
     
-
 
Mortgage-backed Agency securities
   
28,165
     
-
     
28,165
     
-
 
Equity securities
   
73
     
55
     
18
     
-
 
Total available-for-sale securities
   
158,685
     
55
     
158,630
     
-
 
Fair value loans
   
4,628
     
-
     
4,628
     
-
 
Deferred compensation assets
   
3,345
     
3,345
     
-
     
-
 
Deferred compensation liabilities
   
3,345
     
3,345
     
-
     
-
 
Derivative liabilities
   
142
     
-
     
142
     
-
 
 
 
December 31, 2016
 
 
 
Total
 
 
Fair Value Measurements Using
 
(Amounts in thousands)
 
Fair Value
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
Available-for-sale securities
                               
U.S. Agency securities
  $
1,345
    $
-
    $
1,345
    $
-
 
Municipal securities
   
113,331
     
-
     
113,331
     
-
 
Single issue trust preferred securities
   
19,939
     
-
     
19,939
     
-
 
Mortgage-backed Agency securities
   
30,891
     
-
     
30,891
     
-
 
Equity securities
   
73
     
55
     
18
     
-
 
Total available-for-sale securities
   
165,579
     
55
     
165,524
     
-
 
Fair value loans
   
4,701
     
-
     
4,701
     
-
 
Deferred compensation assets
   
3,224
     
3,224
     
-
     
-
 
Deferred compensation liabilities
   
3,224
     
3,224
     
-
     
-
 
Derivative liabilities
   
167
     
-
     
167
     
-
 
Fair Value Measurements, Nonrecurring [Table Text Block]
 
 
March 31, 2017
 
 
 
Total
 
 
Fair Value Measurements Using
 
 
 
Fair Value
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
(Amounts in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired loans, non-covered
  $
9,688
    $
-
    $
-
    $
9,688
 
OREO, non-covered
   
1,336
     
-
     
-
     
1,336
 
OREO, covered
   
13
     
-
     
-
     
13
 
 
 
December 31, 2016
 
 
 
Total
 
 
Fair Value Measurements Using
 
 
 
Fair Value
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
(Amounts in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired loans, non-covered
  $
4,078
    $
-
    $
-
    $
4,078
 
OREO, non-covered
   
5,109
     
-
     
-
     
5,109
 
OREO, covered
   
265
     
-
     
-
     
265
 
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
 
Valuation
 
Unobservable
 
Discount Range (Weighted Average)
 
Technique
 
Input
 
March 31, 2017
 
December 31, 2016
                               
Impaired loans, non-covered
Discounted appraisals
(1)
 
Appraisal adjustments
(2)
   
1%
 to
39%
(11%)
   
3%
 to 
39%
(17%)
OREO, non-covered
Discounted appraisals
(1)
 
Appraisal adjustments
(2)
   
10%
 to
43%
(35%)
   
0%
 to
88%
(30%)
OREO, covered
Discounted appraisals
(1)
 
Appraisal adjustments
(2)
   
 
0%
 
 
   
0%
 to
44%
(40%)
Fair Value, by Balance Sheet Grouping [Table Text Block]
 
 
March 31, 2017
 
 
 
Carrying
 
 
 
 
 
 
Fair Value Measurements Using
 
(Amounts in thousands)
 
Amount
 
 
Fair Value
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
  $
152,851
    $
152,851
    $
152,851
    $
-
    $
-
 
Securities available for sale
   
158,685
     
158,685
     
55
     
158,630
     
-
 
Securities held to maturity
   
47,092
     
47,196
     
-
     
47,196
     
-
 
Loans held for investment, net of allowance
   
1,817,325
     
1,790,086
     
-
     
4,628
     
1,785,458
 
FDIC indemnification asset
   
9,931
     
6,692
     
-
     
-
     
6,692
 
Interest receivable
   
5,059
     
5,059
     
-
     
5,059
     
-
 
Deferred compensation assets
   
3,345
     
3,345
     
3,345
     
-
     
-
 
                                         
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Demand deposits
   
467,677
     
467,677
     
-
     
467,677
     
-
 
Interest-bearing demand deposits
   
392,905
     
392,905
     
-
     
392,905
     
-
 
Savings deposits
   
529,155
     
529,155
     
-
     
529,155
     
-
 
Time deposits
   
516,857
     
512,679
     
-
     
512,679
     
-
 
Securities sold under agreements to repurchase
   
90,653
     
91,380
     
-
     
91,380
     
-
 
Interest payable
   
1,131
     
1,131
     
-
     
1,131
     
-
 
FHLB and other borrowings
   
65,244
     
69,102
     
-
     
69,102
     
-
 
Derivative financial liabilities
   
142
     
142
     
-
     
142
     
-
 
Deferred compensation liabilities
   
3,345
     
3,345
     
3,345
     
-
     
-
 
 
 
December 31, 2016
 
 
 
Carrying
 
 
 
 
 
 
Fair Value Measurements Using
 
(Amounts in thousands)
 
Amount
 
 
Fair Value
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
  $
76,307
    $
76,307
    $
76,307
    $
-
    $
-
 
Securities available for sale
   
165,579
     
165,579
     
55
     
165,524
     
-
 
Securities held to maturity
   
47,133
     
47,266
     
-
     
47,266
     
-
 
Loans held for investment, net of allowance
   
1,835,000
     
1,805,999
     
-
     
4,701
     
1,801,298
 
FDIC indemnification asset
   
12,173
     
8,112
     
-
     
-
     
8,112
 
Interest receivable
   
5,553
     
5,553
     
-
     
5,553
     
-
 
Deferred compensation assets
   
3,224
     
3,224
     
3,224
     
-
     
-
 
                                         
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Demand deposits
   
427,705
     
427,705
     
-
     
427,705
     
-
 
Interest-bearing demand deposits
   
378,339
     
378,339
     
-
     
378,339
     
-
 
Savings deposits
   
523,260
     
523,260
     
-
     
523,260
     
-
 
Time deposits
   
512,034
     
507,917
     
-
     
507,917
     
-
 
Securities sold under agreements to repurchase
   
98,005
     
98,879
     
-
     
98,879
     
-
 
Interest payable
   
1,280
     
1,280
     
-
     
1,280
     
-
 
FHLB and other borrowings
   
80,708
     
83,551
     
-
     
83,551
     
-
 
Derivative financial liabilities
   
167
     
167
     
-
     
167
     
-
 
Deferred compensation liabilities
   
3,224
     
3,224
     
3,224
     
-
     
-