XML 75 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8

Note 11 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2014

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)
September 30, 2014
Investment securities available for sale:
U. S. Government agency securities		$	-			$	39,084			$	-			$	39,084
Residential mortgage backed securities			-				225,129				-				225,129
Municipal bonds			-				117,856				-				117,856
Other equity investments			180				-				219				399
Derivative assets			-				-				34				34
Residential mortgage loans held for sale			-				41,254				-				41,254
Total assets measured at fair value on a recurring basis as of September 30, 2014		$	180			$	423,323			$	253			$	423,756

(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
Derivative assets			-				-				-				-
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

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

		Other Equity				Derivative
(dollars in thousands)		Investments				Assets
Beginning balance at December 31, 2013		$	219			$	-
Realized gains included in other noninterest income			-				34
Principal redemption			-				-
Ending balance at September 30, 2014		$	219			$	34

		Other Equity				Derivative
(dollars in thousands)		Investments				Assets
Beginning balance at December 31, 2012		$	230			$	-
Realized gains included in other noninterest income			-				-
Principal redemption			(11	)			-
Ending balance at December 31, 2013		$	219			$	-

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)
September 30, 2014
Impaired loans:
Commercial		$	-			$	4,192			$	6,830			$	11,022
Income producing - commercial real estate			-				365				4,966				5,331
Owner occupied - commercial real estate			-				1,384				788				2,172
Real estate mortgage - residential			-				350				-				350
Construction - commercial and residential			-				916				9,046				9,962
Home equity			-				173				197				370
Other consumer			-				-				-				-
Other real estate owned			-				8,623				-				8,623
Total assets measured at fair value on a nonrecurring basis as of September 30, 2014		$	-			$	16,003			$	21,827			$	37,830

(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

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)
September 30, 2014
Assets
Cash and due from banks		$	7,920			$	7,920			$	-			$	7,920			$	-
Federal funds sold			8,968				8,968				-				8,968				-
Interest bearing deposits with other banks			191,468				191,468				-				191,468				-
Investment securities			382,468				382,468				180				382,069				219
Federal Reserve and Federal Home Loan Bank stock			10,657				10,657				-				10,657				-
Loans held for sale			41,254				41,254				-				41,254				-
Loans			3,432,548				3,458,861				-				7,380				3,451,481
Bank owned life insurance			40,432				40,432				-				40,432				-
Annuity investment			11,235				11,235				-				11,235				-
Derivative assets			34				34				-				-				34
Liabilities
Noninterest bearing deposits			1,056,559				1,056,559				-				1,056,559				-
Interest bearing deposits			2,477,291				2,476,632				-				2,476,632				-
Borrowings			168,257				169,680				-				165,373				-
Derivative liabilites			18				18				-				-				18
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				-
Annuity investment			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				-

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).

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19296-110258

+ Details

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

X

- Definition

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).

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a),(b)

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

+ Details

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

X

- Definition

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.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258

+ Details

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

X

- Definition

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

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=35750535&loc=d3e13433-108611



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=35750535&loc=d3e13467-108611



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=35750535&loc=d3e13476-108611



Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 30

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612



Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610

+ Details

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

X

- Details

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