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Note 20 - Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2013

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

(dollars in thousands)		Quoted Prices (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Other Unobservable Inputs (Level 3)				Total (Fair Value)
December 31, 2013
Investment securities available for sale:
U. S. Government agency securities		$	-			$	47,335			$	-			$	47,335
Residential mortgage backed securities			-				228,674				-				228,674
Municipal bonds			-				101,740				-				101,740
Other equity investments			165				-				219				384
Residential mortgage loans held for sale			-				42,030				-				42,030
Total assets measured at fair value on a recurring basis as of December 31, 2013		$	165			$	419,779			$	219			$	420,163

(dollars in thousands)		Quoted Prices (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Other Unobservable Inputs (Level 3)				Total (Fair Value)
December 31, 2012
Investment securities available for sale:
U. S. Government agency securities		$	-			$	49,082			$	-			$	49,082
Residential mortgage backed securities			-				173,083				-				173,083
Municipal bonds			-				77,313				-				77,313
Other equity investments			112				-				230				342
Residential mortgage loans held for sale			-				226,923				-				226,923
Total assets measured at fair value on a recurring basis as of December 31, 2012		$	112			$	526,401			$	230			$	526,743

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

		Other Equity Investments
(dollars in thousands)		December 31, 2013				December 31, 2012
Balance, beginning of period		$	230			$	226
Realized gains included in other noninterest income			-				4
Principal redemption			(11	)			-
Balance, end of period		$	219			$	230

Fair Value Measurements, Nonrecurring [Table Text Block]

(dollars in thousands)		Quoted Prices (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Other Unobservable Inputs (Level 3)				Total (Fair Value)
December 31, 2013
Impaired loans:
Commercial		$	-			$	4,367			$	1,089			$	5,456
Income producing - commercial real estate			-				2,806				1,998				4,804
Owner occupied - commercial real estate			-				2,712				887				3,599
Real estate mortgage - residential			-				86				774				860
Construction - commercial and residential			-				4,228				7,080				11,308
Home equity			-				50				47				97
Other consumer			-				-				2				2
Other real estate owned			-				9,225				-				9,225
Total assets measured at fair value on a nonrecurring basis as of December 31, 2013		$	-			$	23,474			$	11,877			$	35,351

(dollars in thousands)		Quoted Prices (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Other Unobservable Inputs (Level 3)				Total (Fair Value)
December 31, 2012
Impaired loans:
Commercial		$	-			$	3,040			$	4,050			$	7,090
Income producing - commercial real estate			-				2,723				1,676				4,399
Owner occupied - commercial real estate			-				5,699				207				5,906
Real estate mortgage - residential			-				-				699				699
Construction - commercial and residential			-				9,219				10,298				19,517
Home equity			-				267				3				270
Other consumer			-				-				2				2
Other real estate owned			-				4,969				330				5,299
Total assets measured at fair value on a nonrecurring basis as of December 31, 2012		$	-			$	25,917			$	17,265			$	43,182

Fair Value, by Balance Sheet Grouping [Table Text Block]

										Fair Value Measurements
										Quoted Prices in Active Markets for Identical Assets or Liabilities				Significant Other Observable Inputs				Significant Unobservable Inputs
(dollars in thousands)		Carrying Value				Fair Value				(Level 1)				(Level 2)				(Level 3)
December 31, 2013
Assets
Cash and due from banks		$	9,577			$	9,577			$	-			$	9,577			$	-
Federal funds sold			5,695				5,695				-				5,695				-
Interest bearing deposits with other banks			291,688				291,688				-				291,688				-
Investment securities			378,133				378,133				165				377,749				219
Federal Reserve and Federal Home Loan Bank stock			11,272				11,272				-				11,272				-
Loans held for sale			42,030				42,030				-				42,030				-
Loans			2,945,158				2,979,180				-				14,249				2,964,931
Bank owned life insurance			39,738				39,738				-				39,738				-
Other earning assets			11,227				11,227				-				11,227				-
Liabilities
Noninterest bearing deposits			849,409				849,409				-				849,409				-
Interest bearing deposits			2,376,005				2,375,861				-				2,375,861				-
Borrowings			119,771				120,764				-				120,764				-
December 31, 2012
Assets
Cash and due from banks		$	7,439			$	7,439			$	-			$	7,439			$	-
Federal funds sold			7,852				7,852				-				7,852				-
Interest bearing deposits with other banks			324,043				324,043				-				324,043				-
Investment securities			299,820				299,820				112				299,478				230
Federal Reserve and Federal Home Loan Bank stock			10,694				10,694				-				10,694				-
Loans held for sale			226,923				226,923				-				226,923				-
Loans			2,493,095				2,515,409				-				33,990				2,481,419
Bank owned life insurance			14,135				14,135				-				14,135				-
Liabilities
Noninterest bearing deposits			881,390				881,390				-				881,390				-
Interest bearing deposits			2,015,832				2,017,623				-				2,017,623				-
Borrowings			140,638				142,765				-				142,765				-

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

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-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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