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Note 22 - Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2014

Disclosure Text Block [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, 2014
Investment securities available for sale:
U. S. Government agency securities		$	-			$	29,894			$	-			$	29,894
Residential mortgage backed securities			-				240,320				-				240,320
Municipal bonds			-				111,712				-				111,712
Other equity investments			198				-				219				417
Residential mortgage loans held for sale			-				44,317				-				44,317
Derivative assets			-				-				146				146
Total assets measured at fair value on a recurring basis as of December 31, 2014		$	198			$	426,243			$	365			$	426,806

(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

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

		Years Ended December 31,
(dollars in thousands)		2014				2013
Balance, beginning of period - other equity investments		$	219			$	230
Realized and unrealized gain (loss) included in earnings - net derivatives			(104	)			-
Principal redemption			-				(11	)
Balance, end of period		$	115			$	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)
December 31, 2014
Impaired loans:
Commercial		$	-			$	781			$	7,171			$	7,952
Income producing - commercial real estate			-				703				1,199				1,902
Owner occupied - commercial real estate			-				-				824				824
Real estate mortgage - residential			-				-				346				346
Construction - commercial and residential			-				-				3,297				3,297
Home equity			-				5				963				968
Other consumer			-				-				13				13
Other real estate owned			-				9,184				4,040				13,224
Derivative liabilites			-				-				250				250
Total assets measured at fair value on a nonrecurring basis as of December 31, 2014		$	-			$	10,673			$	18,103			$	28,776

(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
(dollars in thousands)		Carrying Value				Fair Value				Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
December 31, 2014
Assets
Cash and due from banks		$	9,097			$	9,097			$	-			$	9,097			$	-
Federal funds sold			3,516				3,516				-				3,516				-
Interest bearing deposits with other banks			243,412				243,412				-				243,412				-
Investment securities			382,343				382,343				198				381,926				219
Federal Reserve and Federal Home Loan Bank stock			22,560				22,560				-				22,560				-
Loans held for sale			44,317				44,669				-				44,669				-
Loans			4,312,399				4,314,618				-				1,489				4,313,129
Bank owned life insurance			56,594				56,594				-				56,594				-
Annuity investment			11,277				11,277				-				11,277				-
Derivative assets			146				146				-				146				-
Liabilities
Noninterest bearing deposits			1,175,799				1,175,799				-				1,175,799				-
Interest bearing deposits			3,134,969				3,134,295				-				3,134,295				-
Borrowings			280,420				281,958				-				281,958				-
Derivative liabilites			250				250				-				-				250
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				-

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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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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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