XML 124 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8

Note 10 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

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

(dollars in thousands)		2013				2012				2011
Current federal income tax		$	26,136			$	20,937			$	12,760
Current state income tax			6,147				4,543				3,051
Total current			32,283				25,480				15,811
Deferred federal income tax benefit			(3,909	)			(4,564	)			(2,062	)
Deferred state income tax benefit			(56	)			(33	)			(18	)
Total deferred			(3,965	)			(4,597	)			(2,080	)
Total income tax expense		$	28,318			$	20,883			$	13,731

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

(dollars in thousands)		2013				2012				2011
Deferred tax assets
Allowance for credit losses		$	16,440			$	15,035			$	11,864
Deferred loan fees and costs			5,039				3,020				1,871
Stock-based compensation			1,370				829				453
Net operating loss			3,449				3,952				3,952
Unrealized loss on securities available for sale			2,213				-				-
Deferred rent			-				-				51
Premises and equipment			1,283				989				653
Other			4				4				4
Total deferred tax assets			29,798				23,829				18,848
Deferred tax liabilities
Unrealized gain on securities available for sale			-				(3,643	)			(3,250	)
Excess servicing			(95	)			(58	)			(72	)
Deferred rent			(264	)			(322	)			-
Intangible assets			(490	)			(678	)			(853	)
Total deferred tax liabilities			(849	)			(4,701	)			(4,175	)
Net deferred income tax account		$	28,949			$	19,128			$	14,673

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

		2013				2012				2011
Statutory federal income tax rate			35.00	%			35.00	%			35.00	%
Increase (decrease) due to
State income taxes, net of federal income tax benefit			5.26				5.22				5.15
Tax exempt interest and dividend income			(2.17	)			(2.46	)			(3.03	)
Stock-based compensation expense			0.06				0.08				0.18
Other			(0.56	)			(0.66	)			(1.44	)
Effective tax rates			37.59	%			37.18	%			35.86	%

X

- Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration