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Note 5 - Allowance for Loan Losses (Tables)
 6 Months Ended
Jun. 30, 2017
Notes Tables  
Allowance for Credit Losses on Financing Receivables [Table Text Block]
 
 
Three Months Ended June 30, 2017
 
(Amounts in thousands)
 
Commercial
 
 
Consumer Real Estate
 
 
Consumer and Other
 
 
Total Allowance
 
Allowance, excluding PCI
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
11,972
    $
5,734
    $
740
    $
18,446
 
Provision for loan losses
charged to operations
    
379
     
240
     
319
     
938
 
Charge-offs
    
(257
 )    
(321
 )    
(324
 )    
(902
 )
Recoveries
    
189
     
149
     
58
     
396
 
Net charge-offs
    
(68
 )    
(172
 )    
(266
 )    
(506
 )
Ending balance
   $
12,283
    $
5,802
    $
793
    $
18,878
 
                                 
PCI allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
-
    $
12
    $
-
    $
12
 
Recovery of loan losses
    
-
     
(4
 )    
-
     
(4
 )
Benefit attributable to the FDIC
indemnification asset
    
-
     
-
     
-
     
-
 
Recovery of loan losses
charged to operations
    
-
     
(4
 )    
-
     
(4
 )
Recovery of loan losses recorded through the
FDIC indemnification asset
    
-
     
-
     
-
     
-
 
Ending balance
   $
-
    $
8
    $
-
    $
8
 
                                 
Total allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
11,972
    $
5,746
    $
740
    $
18,458
 
Provision for loan losses
   
379
     
236
     
319
     
934
 
Benefit attributable to the FDIC
indemnification asset
    
-
     
-
     
-
     
-
 
Provision for loan losses
charged to operations
    
379
     
236
     
319
     
934
 
Recovery of loan losses recorded through the
FDIC indemnification asset
    
-
     
-
     
-
     
-
 
Charge-offs
    
(257
 )    
(321
 )    
(324
 )    
(902
 )
Recoveries
    
189
     
149
     
58
     
396
 
Net charge-offs
    
(68
 )    
(172
 )    
(266
 )    
(506
 )
Ending balance
   $
12,283
    $
5,810
    $
793
    $
18,886
 
 
 
Three Months Ended June 30, 2016
 
(Amounts in thousands)
 
Commercial
 
 
Consumer Real Estate
 
 
Consumer and Other
 
 
Total Allowance
 
Allowance, excluding PCI
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
13,270
    $
6,470
    $
703
    $
20,443
 
Provision for loan losses
charged to operations
    
219
     
237
     
268
     
724
 
Charge-offs
    
(191
 )    
(238
 )    
(262
 )    
(691
 )
Recoveries
    
391
     
156
     
64
     
611
 
Net recoveries (charge-offs)
    
200
     
(82
 )    
(198
 )    
(80
 )
Ending balance
   $
13,689
    $
6,625
    $
773
    $
21,087
 
                                 
PCI allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
-
    $
24
    $
-
    $
24
 
Recovery of loan losses
    
-
     
(12
 )    
-
     
(12
 )
Benefit attributable to the FDIC
indemnification asset
    
-
     
10
     
-
     
10
 
Recovery of loan losses
charged to operations
    
-
     
(2
 )    
-
     
(2
 )
Recovery of loan losses recorded
through the FDIC indemnification asset
    
-
     
(10
 )    
-
     
(10
 )
Ending balance
   $
-
    $
12
    $
-
    $
12
 
                                 
Total allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
13,270
    $
6,494
    $
703
    $
20,467
 
Provision for loan losses
    
219
     
225
     
268
     
712
 
Benefit attributable to the FDIC
indemnification asset
    
-
     
10
     
-
     
10
 
Provision for loan losses
charged to operations
    
219
     
235
     
268
     
722
 
Recovery of loan losses recorded
through the FDIC indemnification asset
    
-
     
(10
 )    
-
     
(10
 )
Charge-offs
    
(191
 )    
(238
 )    
(262
 )    
(691
 )
Recoveries
    
391
     
156
     
64
     
611
 
Net recoveries (charge-offs)
    
200
     
(82
 )    
(198
 )    
(80
 )
Ending balance
   $
13,689
    $
6,637
    $
773
    $
21,099
 
 
 
Six Months Ended June 30, 2017
 
(Amounts in thousands)
 
Commercial
 
 
Consumer Real Estate
 
 
Consumer and Other
 
 
Total Allowance
 
Allowance, excluding PCI
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
11,690
    $
5,487
    $
759
    $
17,936
 
Provision for loan losses
charged to operations
    
464
     
486
     
480
     
1,430
 
Charge-offs
    
(286
 )    
(398
 )    
(575
 )    
(1,259
 )
Recoveries
    
415
     
227
     
129
     
771
 
Net recoveries (charge-offs)
    
129
     
(171
 )    
(446
 )    
(488
 )
Ending balance
   $
12,283
    $
5,802
    $
793
    $
18,878
 
                                 
PCI allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
-
    $
12
    $
-
    $
12
 
Recovery of loan losses
    
-
     
(4
 )    
-
     
(4
 )
Benefit attributable to the FDIC
indemnification asset
    
-
     
-
     
-
     
-
 
Recovery of loan losses
charged to operations
    
-
     
(4
 )    
-
     
(4
 )
Recovery of loan losses recorded through the
FDIC indemnification asset
    
-
     
-
     
-
     
-
 
Ending balance
   $
-
    $
8
    $
-
    $
8
 
                                 
Total allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
11,690
    $
5,499
    $
759
    $
17,948
 
Provision for loan losses
   
464
     
482
     
480
     
1,426
 
Benefit attributable to the FDIC
indemnification asset
    
-
     
-
     
-
     
-
 
Provision for loan losses
charged to operations
    
464
     
482
     
480
     
1,426
 
Recovery of loan losses recorded through the
FDIC indemnification asset
    
-
     
-
     
-
     
-
 
Charge-offs
    
(286
 )    
(398
 )    
(575
 )    
(1,259
 )
Recoveries
    
415
     
227
     
129
     
771
 
Net recoveries (charge-offs)
    
129
     
(171
 )    
(446
 )    
(488
 )
Ending balance
   $
12,283
    $
5,810
    $
793
    $
18,886
 
 
 
Six Months Ended June 30, 2016
 
(Amounts in thousands)
 
Commercial
 
 
Consumer Real Estate
 
 
Consumer and Other
 
 
Total Allowance
 
Allowance, excluding PCI
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
13,133
    $
6,356
    $
690
    $
20,179
 
Provision for loan losses
charged to operations
    
526
     
1,011
     
413
     
1,950
 
Charge-offs
    
(475
 )    
(928
 )    
(516
 )    
(1,919
 )
Recoveries
    
505
     
186
     
186
     
877
 
Net recoveries (charge-offs)
    
30
     
(742
 )    
(330
 )    
(1,042
 )
Ending balance
   $
13,689
    $
6,625
    $
773
    $
21,087
 
                                 
PCI allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
-
    $
54
    $
-
    $
54
 
Recovery of loan losses
    
-
     
(42
 )    
-
     
(42
 )
Benefit attributable to the FDIC
indemnification asset
    
-
     
1
     
-
     
1
 
Recovery of loan losses
charged to operations
    
-
     
(41
 )    
-
     
(41
 )
Recovery of loan losses recorded
through the FDIC indemnification asset
    
-
     
(1
 )    
-
     
(1
 )
Ending balance
   $
-
    $
12
    $
-
    $
12
 
                                 
Total allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
   $
13,133
    $
6,410
    $
690
    $
20,233
 
Provision for loan losses
    
526
     
969
     
413
     
1,908
 
Benefit attributable to the FDIC
indemnification asset
    
-
     
1
     
-
     
1
 
Provision for loan losses
charged to operations
    
526
     
970
     
413
     
1,909
 
Recovery of loan losses recorded
through the FDIC indemnification asset
    
-
     
(1
 )    
-
     
(1
 )
Charge-offs
    
(475
 )    
(928
 )    
(516
 )    
(1,919
 )
Recoveries
    
505
     
186
     
186
     
877
 
Net recoveries (charge-offs)
    
30
     
(742
 )    
(330
 )    
(1,042
 )
Ending balance
   $
13,689
    $
6,637
    $
773
    $
21,099
 
Allowance for Credit Losses and Recorded Investment in Loans by Segment and Class [Table Text Block]
 
 
June 30, 2017
 
(Amounts in thousands)
 
Loans Individually
Evaluated for
Impairment
 
 
Allowance for Loans
Individually
Evaluated
 
 
Loans Collectively
Evaluated for
Impairment
 
 
Allowance for Loans
Collectively
Evaluated
 
Commercial loans
                                
Construction, development, and other land
   $
-
    $
-
    $
61,770
    $
991
 
Commercial and industrial
    
2,324
     
185
     
87,734
     
428
 
Multi-family residential
    
264
     
-
     
140,964
     
1,267
 
Single family non-owner occupied
    
1,834
     
61
     
139,179
     
2,449
 
Non-farm, non-residential
    
2,241
     
124
     
601,162
     
6,549
 
Agricultural
    
-
     
-
     
6,110
     
45
 
Farmland
    
944
     
50
     
28,032
     
134
 
Total commercial loans
    
7,607
     
420
     
1,064,951
     
11,863
 
Consumer real estate loans
                                
Home equity lines
    
-
     
-
     
117,111
     
877
 
Single family owner occupied
    
8,968
     
667
     
496,464
     
3,884
 
Owner occupied construction
    
-
     
-
     
46,874
     
374
 
Total consumer real estate loans
    
8,968
     
667
     
660,449
     
5,135
 
Consumer and other loans
                                
Consumer loans
    
-
     
-
     
72,391
     
793
 
Other
    
-
     
-
     
4,296
     
-
 
Total consumer and other loans
    
-
     
-
     
76,687
     
793
 
Total loans, excluding PCI loans
   $
16,575
    $
1,087
    $
1,802,087
    $
17,791
 
 
 
December 31, 2016
 
(Amounts in thousands)
 
Loans Individually
Evaluated for
Impairment
 
 
Allowance for Loans
Individually
Evaluated
 
 
Loans Collectively
Evaluated for
Impairment
 
 
Allowance for Loans
Collectively
Evaluated
 
Commercial loans
                                
Construction, development, and other land
   $
-
    $
-
    $
60,281
    $
889
 
Commercial and industrial
    
-
     
-
     
93,099
     
495
 
Multi-family residential
    
281
     
-
     
133,947
     
1,157
 
Single family non-owner occupied
    
1,910
     
31
     
139,711
     
2,721
 
Non-farm, non-residential
    
1,454
     
-
     
600,915
     
6,185
 
Agricultural
    
-
     
-
     
6,028
     
43
 
Farmland
    
981
     
18
     
31,145
     
151
 
Total commercial loans
    
4,626
     
49
     
1,065,126
     
11,641
 
Consumer real estate loans
                                
Home equity lines
    
-
     
-
     
122,000
     
895
 
Single family owner occupied
    
5,120
     
770
     
501,617
     
3,594
 
Owner occupied construction
    
336
     
-
     
44,199
     
228
 
Total consumer real estate loans
    
5,456
     
770
     
667,816
     
4,717
 
Consumer and other loans
                                
Consumer loans
    
-
     
-
     
77,524
     
759
 
Other
    
-
     
-
     
3,971
     
-
 
Total consumer and other loans
    
-
     
-
     
81,495
     
759
 
Total loans, excluding PCI loans
   $
10,082
    $
819
    $
1,814,437
    $
17,117
 
Purchased Credit Impaired Loans [Member]  
Notes Tables  
Schedule of Information Related to Purchased Credit Impaired Loans [Table Text Block]
 
 
June 30, 2017
 
 
December 31, 2016
 
(Amounts in thousands)
 
Recorded
Investment
 
 
Allowance for Loan
Pools With
Impairment
 
 
Recorded
Investment
 
 
Allowance for Loan
Pools With
Impairment
 
Commercial loans
                                
Waccamaw commercial
   $
-
    $
-
    $
260
    $
-
 
Peoples commercial
    
4,021
     
-
     
4,491
     
-
 
Other
    
1,041
     
-
     
1,095
     
-
 
Total commercial loans
    
5,062
     
-
     
5,846
     
-
 
Consumer real estate loans
                                
Waccamaw serviced home equity lines
    
16,167
     
-
     
20,178
     
-
 
Waccamaw residential
    
1,175
     
-
     
1,320
     
-
 
Peoples residential
    
1,042
     
8
     
1,085
     
12
 
Total consumer real estate loans
    
18,384
     
8
     
22,583
     
12
 
Total PCI loans
   $
23,446
    $
8
    $
28,429
    $
12