National Commerce 10-Q 6 May 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 05, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	NATIONAL COMMERCE CORPORATION
Trading Symbol	ncom
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		10,864,579
Amendment Flag	false
Entity Central Index Key	1,609,951
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets
Cash and due from banks	$ 15,018	$ 27,173
Interest-bearing deposits with banks	108,835	185,284
Cash and cash equivalents	123,853	212,457
Investment securities held-to-maturity (fair value of $27,910 and $27,843 at March 31, 2016 and December 31, 2015, respectively)	27,284	27,458
Investment securities available-for-sale	55,670	53,405
Other investments	6,106	6,235
Mortgage loans held-for-sale	12,529	15,020
Loans, net of unearned income	1,383,539	1,319,414
Less: allowance for loan losses	10,927	9,842
Loans, net	1,372,612	1,309,572
Premises and equipment, net	31,897	31,432
Accrued interest receivable	3,637	3,510
Bank-owned life insurance	27,426	27,223
Other real estate	2,884	3,965
Deferred tax assets, net	13,937	14,190
Goodwill	50,715	50,686
Core deposit intangible, net	2,597	2,788
Other assets	4,793	5,428
Total assets	1,735,940	1,763,369
Deposits:
Noninterest-bearing demand	382,642	382,946
Interest-bearing demand	222,271	202,649
Savings and money market	597,179	611,887
Time	296,105	316,976
Total deposits	1,498,197	1,514,458
Federal Home Loan Bank advances	7,000	22,000
Accrued interest payable	644	627
Other liabilities	8,999	9,648
Total liabilities	$ 1,514,840	$ 1,546,733
Commitments and contingencies
Shareholders’ equity:
Preferred stock, 250,000 shares authorized, no shares issued or outstanding	$ 0	$ 0
Common stock, $0.01 par value, 30,000,000 shares authorized, 10,861,487 and 10,824,969 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively	109	108
Additional paid-in capital	202,971	202,456
Retained earnings	9,931	6,152
Accumulated other comprehensive income	814	548
Total shareholders' equity attributable to National Commerce Corporation	213,825	209,264
Noncontrolling interest	7,275	7,372
Total shareholders' equity	221,100	216,636
Total liabilities and shareholders' equity	$ 1,735,940	$ 1,763,369

Consolidated Balance Sheets (C3

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Held-to-Maturity Securities, Fair Value (in Dollars)	$ 27,910	$ 27,843
Preferred stock, shares authorized	250,000	250,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, shares authorized	30,000,000	30,000,000
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares issued	10,861,487	10,824,969
Common stock, shares outstanding	10,861,487	10,824,969

Consolidated Statements of Earn

Consolidated Statements of Earnings (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Interest and dividend income:
Interest and fees on loans	$ 17,483	$ 11,792
Interest and dividends on taxable investment securities	412	256
Interest on non-taxable investment securities	200	42
Interest on interest-bearing deposits and federal funds sold	218	103
Total interest income	18,313	12,193
Interest expense:
Interest on deposits	1,569	918
Interest on borrowings	81	109
Total interest expense	1,650	1,027
Net interest income	16,663	11,166
Provision for loan losses	1,533	161
Net interest income after provision for loan losses	15,130	11,005
Other income:
Service charges and fees on deposit accounts	480	267
Mortgage origination and fee income	1,392	1,271
Merchant sponsorship revenue	522
Income from bank-owned life insurance	204	79
Wealth management fees	13	19
Gain (loss) on other real estate	156	(13)
Other	358	141
Total other income	3,125	1,764
Other expense:
Salaries and employee benefits	6,945	4,987
Commission-based compensation	875	796
Occupancy and equipment	1,135	836
Core deposit intangible amortization	191	111
Other	2,907	2,560
Total other expense	12,053	9,290
Earnings before income taxes	6,202	3,479
Income tax expense	2,083	1,092
Net earnings	4,119	2,387
Less: Net earnings attributable to noncontrolling interest	340	466
Net earnings attributable to National Commerce Corporation	$ 3,779	$ 1,921
Basic earnings per common share (in Dollars per share)	$ 0.35	$ 0.25
Diluted earnings per common share (in Dollars per share)	$ 0.34	$ 0.25

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net earnings	$ 3,779	$ 1,921
Unrealized gains on investment securities available-for-sale:
Unrealized gains arising during the period, net of tax of $143 and $20, respectively	266	38
Other comprehensive income	266	38
Comprehensive income	$ 4,045	$ 1,959

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Unrealized gains arising during the period, tax	$ 143	$ 20

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - 3 months ended Mar. 31, 2016 - USD ($) $ in Thousands	Common Stock [Member]	Nonvoting Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]	Total
Balance at Dec. 31, 2015	$ 108	$ 202,456	$ 6,152	$ 548	$ 7,372	$ 216,636	$ 216,636
Share-based compensation expense		263				263
Net earnings attributable to National Commerce Corporation			3,779			3,779	3,779
Exercise of stock options and issuance of performance shares	1	200				201
Tax benefit resulting from exercise of stock options, net of adjustment		52				52
Net earnings attributable to noncontrolling interest					340	340	340
Distributions paid to noncontrolling interest					(437)	(437)
Change in unrealized gain/loss on securities available-for-sale, net of tax				266		266
Balance at Mar. 31, 2016	$ 109	$ 202,971	$ 9,931	$ 814	$ 7,275	$ 221,100	$ 221,100

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net earnings	$ 3,779	$ 1,921
Adjustments to reconcile net earnings to net cash provided (used) by operating activities:
Provision for loan losses	1,533	161
Net earnings attributable to noncontrolling interest	340	466
Depreciation, amortization, and accretion	138	571
(Gain) loss on ineffective portion of fair value hedge derivative	(28)	23
Change in mortgage loan derivative	(97)	(181)
Loss on trade or sale of premises and equipment		5
Share-based compensation expense	263	234
Income from bank-owned life insurance	(204)	(79)
(Gain) loss on other real estate	(156)	13
Change in:
Mortgage loans held-for-sale	2,491	(4,475)
Other assets and accrued interest receivable	784	24
Other liabilities and accrued interest payable	(998)	(1,902)
Net cash provided (used) by operating activities	7,845	(3,219)
Cash flows from investing activities:
Proceeds from calls, maturities, and paydowns of securities available-for-sale and held-to-maturity	1,973	5,577
Proceeds from sale of securities available-for-sale		(2,500)
Purchases of securities available-for-sale	(3,766)
Purchases of securities held-to-maturity		(1,046)
Proceeds from sale of other investments	693	703
Purchases of other investments	(564)	(1,126)
Net change in loans	(63,698)	(33,111)
Proceeds from sale of other real estate	1,237	10
Investment in bank-owned life insurance		(1,042)
Proceeds from the sale of premises and equipment		49
Purchases of premises and equipment	(872)	(332)
Net cash used by investing activities	(64,997)	(32,818)
Cash flows from financing activities:
Net change in deposits	(16,216)	29,157
Repayment of Federal Home Loan Bank advances	(15,000)
Cash distribution paid to noncontrolling interests	(437)	(539)
Proceeds from stock offering		34,495
Stock offering expenses		(604)
Proceeds from exercise of options and warrants	201
Net cash (used) provided by financing activities	(31,452)	62,509
Net change in cash and cash equivalents	(88,604)	26,472
Cash and cash equivalents at beginning of the period	212,457	123,435
Cash and cash equivalents at end of the period	123,853	149,907
Cash paid during the period for:
Interest	1,633	962
Income taxes		15
Non-cash investing and financing activities:
Change in unrealized (losses) gains on securities available-for-sale, net of tax	$ (266)	(38)
Transfer of loans to other real estate		$ 694

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note 1 – Basis of Presentation General The unaudited consolidated financial statements include the accounts of National Commerce Corporation (“NCC,” and, including its subsidiaries, the “Company”) and its wholly owned subsidiaries, National Bank of Commerce (“NBC” or the “Bank”) and National Commerce Risk Management, Inc. The unaudited consolidated financial statements also include the accounts of NBC’s majority-owned subsidiary, CBI Holding Company, LLC, which owns Corporate Billing, LLC (“Corporate Billing”), a transaction–based finance company headquartered in Decatur, Alabama that provides factoring, invoicing, collection, and accounts receivable management services to transportation companies and automotive parts and service providers nationwide. The Bank provides a full range of commercial and consumer banking services throughout Alabama and in central and northeast Florida. NBC is primarily regulated by the Office of the Comptroller of Currency (“OCC”) and is subject to periodic examinations by the OCC. The Company is regulated by the Board of Governors of the Federal Reserve System (the “Federal Reserve”) and is subject to periodic examinations by the Federal Reserve. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments necessary to present fairly the Company’s consolidated balance sheets, statements of earnings, comprehensive income, changes in shareholders’ equity and cash flows for the periods presented, and all such adjustments are of a normal recurring nature. All material intercompany transactions have been eliminated. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the entire year. These interim consolidated financial statements have been prepared according to the rules and regulations of the Securities and Exchange Commission and, therefore, certain information and footnote disclosures normally presented in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been omitted or abbreviated. These financial statements should be read in conjunction with the Company’s audited consolidated financial statements and footnotes as of December 31, 2015, Preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying disclosures. These estimates are based on management’s knowledge and best estimates of the impact of current events and actions that the Company may undertake in the future. Estimates are used in accounting for, among other items, the allowance for loan losses, useful lives for depreciation and amortization, fair value of financial instruments, deferred taxes and contingencies. Estimates that are particularly susceptible to significant change and therefore are critical accounting estimates for the Company include the determination of the allowance for loan losses and the assessment of deferred tax assets and liabilities. Management does not anticipate any material changes to its estimates in the near term. Factors that may affect such estimates include, but are not limited to, external market factors, such as market interest rates and employment rates; changes to operating policies and procedures; economic conditions in the Company’s markets; and changes in applicable banking regulations. Actual results may ultimately differ from estimates, although management does not generally believe that such differences would materially affect the consolidated financial statements in any individual reporting period presented.

Note 2 - Reclassifications and

Note 2 - Reclassifications and Reincorporation	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Reclassifications [Text Block]	Note 2 – Reclassifications Certain prior period amounts have been reclassified to conform to the presentation used in 2016. These reclassifications had no material effect on the operations, financial condition or cash flows of the Company.

Note 3 - Net Earnings Per Commo

Note 3 - Net Earnings Per Common Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 3 – Net Earnings per Common Share Basic earnings per common share are computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per common share are computed by dividing net income by the effect of the issuance of potential common shares that are dilutive and by the sum of the weighted-average number of shares of common stock outstanding. Anti-dilutive potential common shares (options) are excluded from the diluted earnings per share computation and totaled 102,297 for the three months ended March 31, 2016 and 2015. The reconciliation of the components of the basic and diluted earnings per share is as follows. For the Three Months Ended March 31, 2016 2015 Net earnings available to common shareholders $ 3,779 1,921 Weighted average common shares outstanding 10,855,871 7,701,663 Dilutive effect of stock options 94,614 33,078 Dilutive effect of directors' deferred shares 12,326 3,147 Dilutive effect of performance share awards 76,397 63,689 Diluted common shares 11,039,208 7,801,577 Basic earnings per common share $ 0.35 0.25 Diluted earnings per common share $ 0.34 0.25

Note 4 - Securities

Note 4 - Securities	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 4 – Securities The amortized cost and fair value of held-to-maturity and available-for-sale debt securities at March 31, 2016 and December 31, 2015 were as follows. Held-to-Maturity Securities March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Mortgage-backed securities $ 5,936 38 - 5,974 Municipal securities 21,348 609 21 21,936 Total held-to-maturity securities $ 27,284 647 21 27,910 December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Mortgage-backed securities $ 6,097 - 16 6,081 Municipal securities 21,361 439 38 21,762 Total held-to-maturity securities $ 27,458 439 54 27,843 Available-for-Sale Securities March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value U.S. Government agency obligations $ 3,755 - 36 3,719 Mortgage-backed securities 46,255 1,012 1 47,266 Municipal securities 4,407 278 - 4,685 Total available-for-sale securities $ 54,417 1,290 37 55,670 December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Mortgage-backed securities $ 48,155 758 187 48,726 Municipal securities 4,407 273 1 4,679 Total available-for-sale securities $ 52,562 1,031 188 53,405 Management evaluates securities for other-than-temporary impairment on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Details concerning the Company’s debt securities with unrealized losses as of March 31, 2016 and December 31, 2015 are as follows. Held-to-Maturity Securities Less than 12 Months 12 Months or More Total March 31, 2016 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities $ - - - - - - Municipal securities 1,241 21 - - 1,241 21 Total held-to-maturity securities $ 1,241 21 - - 1,241 21 Less than 12 Months 12 Months or More Total December 31, 2015 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities $ 3,960 16 - - 3,960 16 Municipal securities 1,996 38 - - 1,996 38 Total held-to-maturity securities $ 5,956 54 - - 5,956 54 Available-for-Sale Securities Less than 12 Months 12 Months or More Total March 31, 2016 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Government agency obligations $ 3,719 36 - - 3,719 36 Mortgage-backed securities 2,045 1 - - 2,045 1 Municipal securities - - - - - - Total available-for-sale securities $ 5,764 37 - - 5,764 37 Less than 12 Months 12 Months or More Total December 31, 2015 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities $ 28,606 128 3,654 59 32,260 187 Municipal securities 498 1 - - 498 1 Total available-for-sale securities $ 29,104 129 3,654 59 32,758 188 As of March 31, 2016, the Company did not consider securities with unrealized losses to be other-than-temporarily impaired. The unrealized losses in each category have occurred as a result of changes in interest rates, market spreads and market conditions subsequent to purchase. The Company has the ability and intent to hold its securities for a period of time sufficient to allow for a recovery in fair value. There were no other-than-temporary impairments charged to earnings during the three-month periods ended March 31, 2016 and 2015. During the three-month periods ended March 31, 2016 and 2015, the Company did not sell any debt securities. The amortized cost and estimated fair value of debt securities at March 31, 2015, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Available-for-Sale Securities Held-to-Maturity Securities Amortized Cost Fair Value Amortized Cost Fair Value Municipal securities: 0 to 5 years $ - - $ - - 5 to 10 years 1,046 1,087 - - Over 10 years 3,361 3,598 21,348 21,936 Mortgage-backed securities and U.S. Government agency obligations 50,010 50,985 5,936 5,974 Total $ 54,417 55,670 $ 27,284 27,910

Note 5 - Loans, Allowance for L

Note 5 - Loans, Allowance for Loan Losses and Credit Quality	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 5 – Loans , Allowance for Loan Losses and Credit Quality Major classifications of loans at March 31, 2016 and December 31, 2015 are summarized as follows. March 31, 2016 December 31, 2015 Commercial, financial, and agricultural $ 192,407 196,732 Factored commercial receivables 74,248 67,628 Real estate - mortgage 931,021 881,556 Real estate - construction 166,714 152,862 Consumer 19,666 21,116 1,384,056 1,319,894 Less: Unearned fees 517 480 Total loans 1,383,539 1,319,414 Allowance for loan losses (10,927 ) (9,842 ) Total net loans $ 1,372,612 1,309,572 The Company makes loans and extensions of credit to individuals and a variety of businesses located in its market areas throughout Alabama and in central and northeast Florida. Through Corporate Billing, the Company also purchases receivables from transportation companies and automotive parts and service providers nationwide. Although the Company has a diversified loan portfolio, a substantial portion of the loan portfolio is collateralized by improved and unimproved real estate and is dependent upon prevailing conditions in the real estate market. Portfolio segments utilized by the Company are identified below. Relevant risk characteristics for these portfolio segments generally include (i) debt service coverage, loan-to-value ratios, and financial performance (for non-consumer loans) and (ii) credit scores, debt-to-income ratios, collateral type, and loan-to-value ratios (for consumer loans). The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method for the periods indicated. Acquired loans are not included in the allowance for loan losses calculation, as these loans are recorded at fair value, and there has been no further indication of credit deterioration that would require an additional provision. Balance, March 31, 2016 Commercial, financial, and agricultural Factored commercial receivables Real estate - mortgage Real estate - construction Consumer Unallocated Total Balance, beginning of year $ 1,345 500 5,525 1,412 236 824 9,842 Provisions charged to operating expense 443 488 923 549 (46 ) (824 ) 1,533 Loans charged off (1 ) (888 ) - - (27 ) - (916 ) Recoveries 14 400 47 3 4 - 468 Balance, March 31, 2016 $ 1,801 500 6,495 1,964 167 - 10,927 Ending balance, individually evaluated for impairment $ - - - - - - - Ending balance, collectively evaluated for impairment $ 1,801 500 6,495 1,964 167 - 10,927 Loans: Individually evaluated for impairment $ - - 196 162 56 - 414 Collectively evaluated for impairment $ 192,096 74,248 921,609 166,120 19,364 - 1,373,437 Acquired loans with deteriorated credit quality $ 311 - 9,216 432 246 - 10,205 Balance, March 31, 2015 Commercial, financial, and agricultural Factored commercial receivables Real estate - mortgage Real estate - construction Consumer Unallocated Total Balance, beginning of year $ 1,523 955 5,047 647 562 1,068 9,802 Provisions charged to operating expense (43 ) 161 453 122 (245 ) (287 ) 161 Loans charged off (1 ) (566 ) (332 ) - - - (899 ) Recoveries 20 406 24 8 - - 458 Balance, March 31, 2015 $ 1,499 956 5,192 777 317 781 9,522 Ending balance, individually evaluated for impairment $ - 678 - 100 - - 778 Ending balance, collectively evaluated for impairment $ 1,499 278 5,192 677 317 781 8,744 Loans: Individually evaluated for impairment $ - 820 430 187 - - 1,437 Collectively evaluated for impairment $ 140,226 68,721 596,432 89,733 15,885 - 910,997 Acquired loans with deteriorated credit quality $ 983 - 7,194 343 332 - 8,852 The Company individually evaluates for impairment all loans that are on nonaccrual status. Additionally, all troubled debt restructurings are individually evaluated for impairment. A loan is considered impaired when, based on current events and circumstances, it is probable that all amounts due according to the contractual terms of the loan will not be collected. Impaired loans are measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, at the loan’s observable market price or at the fair value of the collateral if the loan is collateral-dependent. Management may also elect to apply an additional collective reserve to groups of impaired loans based on current economic or market factors. Interest payments received on impaired loans are generally applied as a reduction of the outstanding principal balance. During the three months ended March 31, 2016 and 2015, the Company did not modify any loans in a manner that would be considered a troubled debt restructuring. The following tables present impaired loans by class of loans as of March 31, 2016 and December 31, 2015. The purchased credit-impaired loans are not included in these tables because they are carried at fair value and accordingly have no related associated allowance. March 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Impaired loans without related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 196 237 - 108 Real estate - construction 162 176 - 166 Consumer 56 127 - 28 Total $ 414 540 - 302 Impaired loans with related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage - - - - Real estate - construction - - - - Consumer - - - - Total $ - - - - Total impaired loans: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 196 237 - 108 Real estate - construction 162 176 - 166 Consumer 56 127 - 28 Total $ 414 540 - 302 December 31, 2015 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Impaired loans without related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 19 55 - 1,523 Real estate - construction 169 178 - 105 Consumer - - - 39 Total $ 188 233 - 1,667 Impaired loans with related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - 653 Real estate - mortgage - - - 250 Real estate - construction - - - 77 Consumer - - - - Total $ - - - 980 Total impaired loans: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - 653 Real estate - mortgage 19 55 - 1,773 Real estate - construction 169 178 - 182 Consumer - - - 39 Total $ 188 233 - 2,647 For the three months ended March 31, 2016 and 2015, the Company did not recognize a material amount of interest income on impaired loans. The following tables present the aging of the recorded investment in past due loans and non-accrual loan balances as of March 31, 2016 and December 31, 2015, by class of loans. All loans greater than 90 days past due are placed on non-accrual status, excluding factored receivables. For Corporate Billing's factored receivables, which are commercial trade credits rather than promissory notes, our practice is to charge off unpaid recourse receivables when they become 90 days past due from the invoice due date and the non-recourse receivables when they become 120 days past due from the statement billing date. For the recourse receivables, the invoice is charged against the client reserve account established for such purposes, unless the client reserve is insufficient, in which case the invoice is charged against the allowance for loan losses. March 31, 2016 30-59 Days Past Due 60-89 Days Past Due > 90 Days Past Due Total Past Due Current Total Non-accrual Commercial, financial, and agricultural $ 64 - - 64 192,343 192,407 - Factored commercial receivables 5,624 1,087 452 7,163 67,085 74,248 - Real estate - mortgage 637 - 1,085 1,722 929,299 931,021 3,392 Real estate - construction - - - - 166,714 166,714 276 Consumer 313 - 31 344 19,322 19,666 133 Total $ 6,638 1,087 1,568 9,293 1,374,763 1,384,056 3,801 December 31, 2015 30-59 Days Past Due 60-89 Days Past Due > 90 Days Past Due Total Past Due Current Total Non-accrual Commercial, financial, and agricultural $ 21 - - 21 196,711 196,732 - Factored commercial receivables 5,762 1,595 252 7,609 60,019 67,628 - Real estate - mortgage 1,707 760 911 3,378 878,178 881,556 3,300 Real estate - construction 59 88 - 147 152,715 152,862 283 Consumer 114 - 34 148 20,968 21,116 112 Total $ 7,663 2,443 1,197 11,303 1,308,591 1,319,894 3,695 The Bank groups loans into risk categories based on relevant information about the ability of borrowers to service their debt, such as current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. Loans are analyzed individually and classified according to credit risk. This analysis is performed on a continuous basis. The Bank uses the following definitions for its risk ratings: Other Assets Especially Mentioned (“OAEM”): Substandar d : Doubtful: Loss: Loans not meeting the criteria above that are analyzed individually as part of the above-described process are considered to be Pass-rated loans. As of March 31, 2016 and December 31, 2015, and based on the most recent analysis performed, the risk category of loans by class of loans was as follows. March 31, 2016 Pass OAEM Substandard Doubtful Total Commercial, financial, and agricultural $ 189,505 1,036 1,866 - 192,407 Factored commercial receivables 74,248 - - - 74,248 Real estate - mortgage 920,697 2,426 4,505 3,393 931,021 Real estate - construction 164,196 - 2,242 276 166,714 Consumer 18,802 32 700 132 19,666 Total $ 1,367,448 3,494 9,313 3,801 1,384,056 December 31, 2015 Pass OAEM Substandard Doubtful Total Commercial, financial, and agricultural $ 193,176 1,509 2,047 - 196,732 Factored commercial receivables 67,628 - - - 67,628 Real estate - mortgage 870,617 2,756 4,882 3,301 881,556 Real estate - construction 152,255 - 324 283 152,862 Consumer 20,260 33 712 111 21,116 Total $ 1,303,936 4,298 7,965 3,695 1,319,894

Note 6 - Fair Value Measurement

Note 6 - Fair Value Measurements and Disclosures	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Note 6 – Fair Value Measurements and Disclosures The Company utilizes fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. Securities available-for-sale and derivative financial instruments are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may be required to record at fair value other assets on a nonrecurring basis, such as impaired loans and other real estate and repossessed assets. These nonrecurring fair value adjustments typically involve application of the lower of cost or market accounting or write-downs of individual assets. Fair Value Hierarchy The Company groups assets and liabilities at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. These levels are: Level 1 – Valuation is based on quoted prices for identical instruments traded in active markets. Level 2 – Valuation is based on quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level 3 – Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include the use of option pricing models, discounted cash flow models and similar techniques. The following is a description of valuation methodologies used for assets and liabilities recorded or disclosed at fair value. Cash and Cash Equivalents For disclosure purposes, the carrying amount for cash, due from banks, interest-bearing deposits and federal funds sold is a reasonable estimate of fair value. Investment Securities Securities available-for-sale and held-to-maturity securities are recorded at fair value on a recurring basis. Fair value measurements are based on quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques, such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions, and other factors, such as credit assumptions. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange or Nasdaq, and U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter market funds. Level 2 securities include mortgage-backed securities issued by government-sponsored enterprises and municipal bonds. Securities classified as Level 3 include asset-backed securities in less liquid markets. Other Investments For disclosure purposes, the carrying amount of other investments approximates their fair value. Loans and Mortgage Loans Held-for-Sale The Company does not record loans at fair value on a recurring basis. However, from time to time, a loan is considered impaired, and an allowance for loan losses is established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment using one of three methods, including collateral value, market value of similar debt, and discounted cash flows. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. At March 31, 2016 and December 31, 2015, impaired loans were evaluated based on the fair value of the collateral. Impaired loans for which an allowance is established based on the fair value of collateral, or loans that are charged down according to the fair value of collateral, require classification in the fair value hierarchy. When the fair value of the collateral is based on an observable market price, the Company records the impaired loan as nonrecurring Level 2. When the fair value is based on an appraised value, the Company records the impaired loan as nonrecurring Level 3. For disclosure purposes, the fair value of fixed-rate loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings. For variable-rate loans, the carrying amount is a reasonable estimate of fair value. Mortgage loans held-for-sale are carried at cost, which is a reasonable estimate of fair value. Bank-Owned Life Insurance For disclosure purposes, the fair value of the cash surrender value of life insurance policies is equivalent to the carrying value. Other Real Estate Other real estate properties are adjusted to fair value upon the transfer of the loans to other real estate. Subsequently, other real estate assets are carried at the lower of carrying value or fair value. Fair value is based on independent market prices, appraised values of the collateral, or management’s estimation of the value of the collateral. When the fair value of the collateral is based on an observable market price, the Company records the other real estate as nonrecurring Level 2. When fair value is based on an appraised value or management’s estimate of value, the Company records the other real estate or repossessed asset as nonrecurring Level 3. Deposits For disclosure purposes, the fair value of demand deposits, NOW and money market accounts and savings accounts is the amount payable on demand at the reporting date. The fair value of fixed-rate maturity certificates of deposit is estimated by discounting the future cash flows using the rates currently offered for deposits of similar remaining maturities. Federal Home Loan Bank Advances For disclosure purposes, the fair value of Federal Home Loan Bank (“FHLB”) advances is based on the quoted value for similar remaining maturities provided by the FHLB. Derivative Financial Instruments Derivative financial instruments are recorded at fair value on a recurring basis. The value of the Company’s derivative financial instruments is determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of the derivative. This analysis reflects the contractual terms of the derivative, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The fair values of the interest rate swaps are determined by using the market standard methodology of netting the discounted future fixed cash receipts and the discounted expected variable cash payments. The variable cash payments are based on an expectation of future interest rates (forward curves derived from observable market interest rate curves). The Company incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company considers the impact of netting any applicable credit enhancements, such as collateral postings, thresholds, mutual puts, and guarantees. Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by the Company or the counterparty. However, as of March 31, 2016 and December 31, 2015, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustment is not significant to the overall valuation of its derivatives. As a result, the Company has determined that its derivative valuations are classified in Level 2 of the fair value hierarchy. Commitments to Extend Credit and Standby Letters of Credit Because commitments to extend credit and standby letters of credit are generally short-term and made using variable rates, the carrying value and estimated fair value associated with these instruments are immaterial. Assets and Liabilities Recorded at Fair Value on a Recurring Basis The table below presents the recorded amount of assets and liabilities measured at fair value on a recurring basis as of March 31, 2016 and December 31, 2015. March 31, 2016 Level 1 Level 2 Level 3 Total U.S. Government agency obligations $ - 3,719 - 3,719 Mortgage-backed securities - 47,266 - 47,266 Municipal securities - 4,685 - 4,685 Total investment securities available-for-sale $ - 55,670 - 55,670 Derivative assets $ - 569 - 569 Derivative liabilities $ - 1,016 - 1,016 December 31, 2015 Level 1 Level 2 Level 3 Total Mortgage-backed securities $ - 48,726 - 48,726 Municipal securities - 4,679 - 4,679 Total investment securities available-for-sale $ - 53,405 - 53,405 Derivative assets $ - 258 - 258 Derivative liabilities $ - 518 - 518 Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis From time to time, the Company may be required to measure certain assets at fair value on a nonrecurring basis in accordance with U.S. GAAP. These include assets that are measured at the lower of cost or market value that were recognized at fair value below cost at the end of the period. Assets measured at fair value on a nonrecurring basis are included in the table below as of March 31, 2016 and December 31, 2015. March 31, 2016 Level 1 Level 2 Level 3 Total Other real estate and repossessed assets $ - - 2,884 2,884 Impaired loans - - 3,801 3,801 December 31, 2015 Level 1 Level 2 Level 3 Total Other real estate and repossessed assets $ - - 3,965 3,965 Impaired loans - - 3,695 3,695 The carrying amounts and estimated fair values of the Company’s financial instruments at March 31, 2016 and December 31, 2015 were as follows: March 31, 2016 Carrying Amount Level 1 Estimated Fair Value Level 2 Level 3 Assets: Cash and cash equivalents $ 123,853 123,853 - - Investment securities held-to-maturity 27,284 - 27,910 - Investment securities available-for-sale 55,670 - 55,670 - Other investments 6,106 - 6,106 - Loans, net 1,372,612 - 1,380,509 3,801 Mortgage loans held-for-sale 12,529 - 12,529 - Bank-owned life insurance 27,426 - 27,426 - Derivative assets 569 - 569 - Liabilities: Deposits 1,498,197 - 1,479,070 - Federal Home Loan Bank advances 7,000 - 7,450 - Derivative liabilities 1,016 - 1,016 - December 31, 2015 Carrying Amount Level 1 Estimated Fair Value Level 2 Level 3 Assets: Cash and cash equivalents $ 212,457 212,457 - - Investment securities held-to-maturity 27,458 - 27,843 - Investment securities available-for-sale 53,405 - 53,405 - Other investments 6,235 - 6,235 - Loans, net 1,309,572 - 1,309,547 3,695 Mortgage loans held-for-sale 15,020 - 15,020 - Bank-owned life insurance 27,223 - 27,223 - Derivative assets 258 - 258 - Liabilities: Deposits 1,514,458 - 1,479,746 - Federal Home Loan Bank advances 22,000 - 22,405 - Derivative liabilities 518 - 518 - Limitations Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Significant assets and liabilities that are not considered financial instruments include mortgage banking operations, deferred income taxes, and premises and equipment. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates.

Note 7 - Segment Reporting

Note 7 - Segment Reporting	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Note 7 – Segment Reporting The Company’s three reportable segments represent distinct product lines and are viewed separately for strategic planning purposes and internal reporting. The following table is a reconciliation of the reportable segment revenues, expenses and profit to the Company’s consolidated totals. Retail and Commercial Banking Mortgage Division (1) Receivables Factoring Elimination Entries (2) Total For the Three Months Ended March 31, 2016 Interest income $ 15,699 115 2,999 (500 ) 18,313 Interest expense 1,606 44 500 (500 ) 1,650 Net interest income 14,093 71 2,499 - 16,663 Provision for loan and lease losses 1,045 - 488 - 1,533 Noninterest income 1,632 1,453 40 - 3,125 Noninterest expense 9,412 1,349 1,292 - 12,053 Net earnings before tax and noncontrolling interest 5,268 175 759 - 6,202 Income tax expense 1,857 67 159 - 2,083 Noncontrolling interest - - (340 ) - (340 ) Net earnings attributable to National Commerce Corporation $ 3,411 108 260 - 3,779 Total assets as of March 31, 2016 $ 1,694,223 12,529 95,262 (66,074 ) 1,735,940 For the Three Months Ended March 31, 2015 Interest income $ 9,516 84 3,113 (520 ) 12,193 Interest expense 999 28 520 (520 ) 1,027 Net interest income 8,517 56 2,593 - 11,166 Provision for loan and lease losses - - 161 - 161 Noninterest income 547 1,187 30 - 1,764 Noninterest expense 6,916 1,040 1,334 - 9,290 Net earnings before tax and noncontrolling interest 2,148 203 1,128 - 3,479 Income tax expense 763 77 252 - 1,092 Noncontrolling interest - - (466 ) - (466 ) Net earnings attributable to National Commerce Corporation $ 1,385 126 410 - 1,921 Total assets as of March 31, 2015 $ 1,164,877 13,804 93,923 (65,937 ) 1,206,667 (1) Noninterest income for the mortgage division segment includes intercompany income allocation. (2) Entry to remove intercompany interest allocated to the receivables factoring segment. For segment reporting purposes, we allocate funding costs to the receivables factoring segment at the federal funds rate plus 2.50%.

Note 8 - Goodwill and Intangibl

Note 8 - Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	Note 8 – Goodwill and Intangible Assets Changes to the carrying amount of goodwill for the three months ended March 31, 2016 is provided in the following table. Balance, December 31, 2015 $ 50,686 Adjustments to goodwill 29 Balance, March 31, 2016 $ 50,715 The adjustments to goodwill made during the three months ended March 31, 2016 resulted from the recognition of liabilities that existed as of the acquisition date but were not recorded. The adjustments were made following the Company’s review of additional information that existed at the time of acquisition that affected the recorded fair value of certain liabilities. Net of deferred taxes, the adjustment resulted in a $29,000 increase to goodwill recorded in our acquisition of Reunion Bank of Florida. The adjustment to goodwill had no impact on net income or shareholders’ equity of the Company for the first three months of 2016. A summary of core deposit intangible assets as of March 31, 2016 and December 31, 2015 is as follows. March 31, 2016 December 31, 2015 Gross carrying amount $ 3,315 $ 3,315 Less: accumulated amortization (718 ) (527 ) Net carrying amount $ 2,597 $ 2,788

Note 9 - Cash and Cash Equivale

Note 9 - Cash and Cash Equivalents	3 Months Ended
	Mar. 31, 2016
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents Disclosure [Text Block]	Note 9 – Cash and Cash Equivalents Cash equivalents include amounts due from banks, interest-bearing deposits with the Federal Reserve Bank of Atlanta (“FRB”), the FHLB and correspondent banks, and federal funds sold. Generally, federal funds are sold for one-day periods. The Company is required to maintain average reserve balances with the FRB or in cash. At March 31, 2016 and December 31, 2015, the Company’s reserve requirements were approximately $1,899,000 and $12,218,000, respectively.

Note 10 - Recently Issued Accou

Note 10 - Recently Issued Accounting Pronouncements	3 Months Ended
	Mar. 31, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Note 10 – Recently Issued Accounting Pronouncements In January 2016, the FASB issued ASU 2016-1 , Financial Instruments Overall (Topic 825): Recognition and Measurement of Financial Assets and Financial Liabilities. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) Topic 840, Leases

Note 3 - Net Earnings Per Com19

Note 3 - Net Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Three Months Ended March 31, 2016 2015 Net earnings available to common shareholders $ 3,779 1,921 Weighted average common shares outstanding 10,855,871 7,701,663 Dilutive effect of stock options 94,614 33,078 Dilutive effect of directors' deferred shares 12,326 3,147 Dilutive effect of performance share awards 76,397 63,689 Diluted common shares 11,039,208 7,801,577 Basic earnings per common share $ 0.35 0.25 Diluted earnings per common share $ 0.34 0.25

Note 4 - Securities (Tables)

Note 4 - Securities (Tables)	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Held-to-maturity Securities [Table Text Block]	Held-to-Maturity Securities March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Mortgage-backed securities $ 5,936 38 - 5,974 Municipal securities 21,348 609 21 21,936 Total held-to-maturity securities $ 27,284 647 21 27,910 December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Mortgage-backed securities $ 6,097 - 16 6,081 Municipal securities 21,361 439 38 21,762 Total held-to-maturity securities $ 27,458 439 54 27,843
Available-for-sale Securities [Table Text Block]	Available-for-Sale Securities March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value U.S. Government agency obligations $ 3,755 - 36 3,719 Mortgage-backed securities 46,255 1,012 1 47,266 Municipal securities 4,407 278 - 4,685 Total available-for-sale securities $ 54,417 1,290 37 55,670 December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Mortgage-backed securities $ 48,155 758 187 48,726 Municipal securities 4,407 273 1 4,679 Total available-for-sale securities $ 52,562 1,031 188 53,405
Schedule of Unrealized Loss on Investments [Table Text Block]	Held-to-Maturity Securities Less than 12 Months 12 Months or More Total March 31, 2016 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities $ - - - - - - Municipal securities 1,241 21 - - 1,241 21 Total held-to-maturity securities $ 1,241 21 - - 1,241 21 Less than 12 Months 12 Months or More Total December 31, 2015 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities $ 3,960 16 - - 3,960 16 Municipal securities 1,996 38 - - 1,996 38 Total held-to-maturity securities $ 5,956 54 - - 5,956 54 Available-for-Sale Securities Less than 12 Months 12 Months or More Total March 31, 2016 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Government agency obligations $ 3,719 36 - - 3,719 36 Mortgage-backed securities 2,045 1 - - 2,045 1 Municipal securities - - - - - - Total available-for-sale securities $ 5,764 37 - - 5,764 37 Less than 12 Months 12 Months or More Total December 31, 2015 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities $ 28,606 128 3,654 59 32,260 187 Municipal securities 498 1 - - 498 1 Total available-for-sale securities $ 29,104 129 3,654 59 32,758 188
Investments Classified by Contractual Maturity Date [Table Text Block]	Available-for-Sale Securities Held-to-Maturity Securities Amortized Cost Fair Value Amortized Cost Fair Value Municipal securities: 0 to 5 years $ - - $ - - 5 to 10 years 1,046 1,087 - - Over 10 years 3,361 3,598 21,348 21,936 Mortgage-backed securities and U.S. Government agency obligations 50,010 50,985 5,936 5,974 Total $ 54,417 55,670 $ 27,284 27,910

Note 5 - Loans, Allowance for21

Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Tables)	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, 2016 December 31, 2015 Commercial, financial, and agricultural $ 192,407 196,732 Factored commercial receivables 74,248 67,628 Real estate - mortgage 931,021 881,556 Real estate - construction 166,714 152,862 Consumer 19,666 21,116 1,384,056 1,319,894 Less: Unearned fees 517 480 Total loans 1,383,539 1,319,414 Allowance for loan losses (10,927 ) (9,842 ) Total net loans $ 1,372,612 1,309,572
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Balance, March 31, 2016 Commercial, financial, and agricultural Factored commercial receivables Real estate - mortgage Real estate - construction Consumer Unallocated Total Balance, beginning of year $ 1,345 500 5,525 1,412 236 824 9,842 Provisions charged to operating expense 443 488 923 549 (46 ) (824 ) 1,533 Loans charged off (1 ) (888 ) - - (27 ) - (916 ) Recoveries 14 400 47 3 4 - 468 Balance, March 31, 2016 $ 1,801 500 6,495 1,964 167 - 10,927 Ending balance, individually evaluated for impairment $ - - - - - - - Ending balance, collectively evaluated for impairment $ 1,801 500 6,495 1,964 167 - 10,927 Loans: Individually evaluated for impairment $ - - 196 162 56 - 414 Collectively evaluated for impairment $ 192,096 74,248 921,609 166,120 19,364 - 1,373,437 Acquired loans with deteriorated credit quality $ 311 - 9,216 432 246 - 10,205 Balance, March 31, 2015 Commercial, financial, and agricultural Factored commercial receivables Real estate - mortgage Real estate - construction Consumer Unallocated Total Balance, beginning of year $ 1,523 955 5,047 647 562 1,068 9,802 Provisions charged to operating expense (43 ) 161 453 122 (245 ) (287 ) 161 Loans charged off (1 ) (566 ) (332 ) - - - (899 ) Recoveries 20 406 24 8 - - 458 Balance, March 31, 2015 $ 1,499 956 5,192 777 317 781 9,522 Ending balance, individually evaluated for impairment $ - 678 - 100 - - 778 Ending balance, collectively evaluated for impairment $ 1,499 278 5,192 677 317 781 8,744 Loans: Individually evaluated for impairment $ - 820 430 187 - - 1,437 Collectively evaluated for impairment $ 140,226 68,721 596,432 89,733 15,885 - 910,997 Acquired loans with deteriorated credit quality $ 983 - 7,194 343 332 - 8,852
Impaired Financing Receivables [Table Text Block]	March 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Impaired loans without related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 196 237 - 108 Real estate - construction 162 176 - 166 Consumer 56 127 - 28 Total $ 414 540 - 302 Impaired loans with related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage - - - - Real estate - construction - - - - Consumer - - - - Total $ - - - - Total impaired loans: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 196 237 - 108 Real estate - construction 162 176 - 166 Consumer 56 127 - 28 Total $ 414 540 - 302 December 31, 2015 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Impaired loans without related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 19 55 - 1,523 Real estate - construction 169 178 - 105 Consumer - - - 39 Total $ 188 233 - 1,667 Impaired loans with related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - 653 Real estate - mortgage - - - 250 Real estate - construction - - - 77 Consumer - - - - Total $ - - - 980 Total impaired loans: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - 653 Real estate - mortgage 19 55 - 1,773 Real estate - construction 169 178 - 182 Consumer - - - 39 Total $ 188 233 - 2,647
Past Due Financing Receivables [Table Text Block]	March 31, 2016 30-59 Days Past Due 60-89 Days Past Due > 90 Days Past Due Total Past Due Current Total Non-accrual Commercial, financial, and agricultural $ 64 - - 64 192,343 192,407 - Factored commercial receivables 5,624 1,087 452 7,163 67,085 74,248 - Real estate - mortgage 637 - 1,085 1,722 929,299 931,021 3,392 Real estate - construction - - - - 166,714 166,714 276 Consumer 313 - 31 344 19,322 19,666 133 Total $ 6,638 1,087 1,568 9,293 1,374,763 1,384,056 3,801 December 31, 2015 30-59 Days Past Due 60-89 Days Past Due > 90 Days Past Due Total Past Due Current Total Non-accrual Commercial, financial, and agricultural $ 21 - - 21 196,711 196,732 - Factored commercial receivables 5,762 1,595 252 7,609 60,019 67,628 - Real estate - mortgage 1,707 760 911 3,378 878,178 881,556 3,300 Real estate - construction 59 88 - 147 152,715 152,862 283 Consumer 114 - 34 148 20,968 21,116 112 Total $ 7,663 2,443 1,197 11,303 1,308,591 1,319,894 3,695
Financing Receivable Credit Quality Indicators [Table Text Block]	March 31, 2016 Pass OAEM Substandard Doubtful Total Commercial, financial, and agricultural $ 189,505 1,036 1,866 - 192,407 Factored commercial receivables 74,248 - - - 74,248 Real estate - mortgage 920,697 2,426 4,505 3,393 931,021 Real estate - construction 164,196 - 2,242 276 166,714 Consumer 18,802 32 700 132 19,666 Total $ 1,367,448 3,494 9,313 3,801 1,384,056 December 31, 2015 Pass OAEM Substandard Doubtful Total Commercial, financial, and agricultural $ 193,176 1,509 2,047 - 196,732 Factored commercial receivables 67,628 - - - 67,628 Real estate - mortgage 870,617 2,756 4,882 3,301 881,556 Real estate - construction 152,255 - 324 283 152,862 Consumer 20,260 33 712 111 21,116 Total $ 1,303,936 4,298 7,965 3,695 1,319,894

Note 6 - Fair Value Measureme22

Note 6 - Fair Value Measurements and Disclosures (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	March 31, 2016 Level 1 Level 2 Level 3 Total U.S. Government agency obligations $ - 3,719 - 3,719 Mortgage-backed securities - 47,266 - 47,266 Municipal securities - 4,685 - 4,685 Total investment securities available-for-sale $ - 55,670 - 55,670 Derivative assets $ - 569 - 569 Derivative liabilities $ - 1,016 - 1,016 December 31, 2015 Level 1 Level 2 Level 3 Total Mortgage-backed securities $ - 48,726 - 48,726 Municipal securities - 4,679 - 4,679 Total investment securities available-for-sale $ - 53,405 - 53,405 Derivative assets $ - 258 - 258 Derivative liabilities $ - 518 - 518
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]	March 31, 2016 Level 1 Level 2 Level 3 Total Other real estate and repossessed assets $ - - 2,884 2,884 Impaired loans - - 3,801 3,801 December 31, 2015 Level 1 Level 2 Level 3 Total Other real estate and repossessed assets $ - - 3,965 3,965 Impaired loans - - 3,695 3,695
Fair Value, by Balance Sheet Grouping [Table Text Block]	March 31, 2016 Carrying Amount Level 1 Estimated Fair Value Level 2 Level 3 Assets: Cash and cash equivalents $ 123,853 123,853 - - Investment securities held-to-maturity 27,284 - 27,910 - Investment securities available-for-sale 55,670 - 55,670 - Other investments 6,106 - 6,106 - Loans, net 1,372,612 - 1,380,509 3,801 Mortgage loans held-for-sale 12,529 - 12,529 - Bank-owned life insurance 27,426 - 27,426 - Derivative assets 569 - 569 - Liabilities: Deposits 1,498,197 - 1,479,070 - Federal Home Loan Bank advances 7,000 - 7,450 - Derivative liabilities 1,016 - 1,016 - December 31, 2015 Carrying Amount Level 1 Estimated Fair Value Level 2 Level 3 Assets: Cash and cash equivalents $ 212,457 212,457 - - Investment securities held-to-maturity 27,458 - 27,843 - Investment securities available-for-sale 53,405 - 53,405 - Other investments 6,235 - 6,235 - Loans, net 1,309,572 - 1,309,547 3,695 Mortgage loans held-for-sale 15,020 - 15,020 - Bank-owned life insurance 27,223 - 27,223 - Derivative assets 258 - 258 - Liabilities: Deposits 1,514,458 - 1,479,746 - Federal Home Loan Bank advances 22,000 - 22,405 - Derivative liabilities 518 - 518 -

Note 7 - Segment Reporting (Tab

Note 7 - Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Retail and Commercial Banking Mortgage Division (1) Receivables Factoring Elimination Entries (2) Total For the Three Months Ended March 31, 2016 Interest income $ 15,699 115 2,999 (500 ) 18,313 Interest expense 1,606 44 500 (500 ) 1,650 Net interest income 14,093 71 2,499 - 16,663 Provision for loan and lease losses 1,045 - 488 - 1,533 Noninterest income 1,632 1,453 40 - 3,125 Noninterest expense 9,412 1,349 1,292 - 12,053 Net earnings before tax and noncontrolling interest 5,268 175 759 - 6,202 Income tax expense 1,857 67 159 - 2,083 Noncontrolling interest - - (340 ) - (340 ) Net earnings attributable to National Commerce Corporation $ 3,411 108 260 - 3,779 Total assets as of March 31, 2016 $ 1,694,223 12,529 95,262 (66,074 ) 1,735,940 For the Three Months Ended March 31, 2015 Interest income $ 9,516 84 3,113 (520 ) 12,193 Interest expense 999 28 520 (520 ) 1,027 Net interest income 8,517 56 2,593 - 11,166 Provision for loan and lease losses - - 161 - 161 Noninterest income 547 1,187 30 - 1,764 Noninterest expense 6,916 1,040 1,334 - 9,290 Net earnings before tax and noncontrolling interest 2,148 203 1,128 - 3,479 Income tax expense 763 77 252 - 1,092 Noncontrolling interest - - (466 ) - (466 ) Net earnings attributable to National Commerce Corporation $ 1,385 126 410 - 1,921 Total assets as of March 31, 2015 $ 1,164,877 13,804 93,923 (65,937 ) 1,206,667

Note 8 - Goodwill and Intangi24

Note 8 - Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill [Table Text Block]	Balance, December 31, 2015 $ 50,686 Adjustments to goodwill 29 Balance, March 31, 2016 $ 50,715
Schedule of Finite-Lived Intangible Assets [Table Text Block]	March 31, 2016 December 31, 2015 Gross carrying amount $ 3,315 $ 3,315 Less: accumulated amortization (718 ) (527 ) Net carrying amount $ 2,597 $ 2,788

Note 3 - Net Earnings Per Com25

Note 3 - Net Earnings Per Common Share (Details) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	102,297	102,297

Note 3 - Net Earnings Per Com26

Note 3 - Net Earnings Per Common Share (Details) - The Components of Basic and Diluted Earnings Per Share - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
The Components of Basic and Diluted Earnings Per Share [Abstract]
Net earnings available to common shareholders (in Dollars)	$ 3,779	$ 1,921
Weighted average common shares outstanding	10,855,871	7,701,663
Dilutive effect of stock options	94,614	33,078
Dilutive effect of directors' deferred shares	12,326	3,147
Dilutive effect of performance share awards	76,397	63,689
Diluted common shares	11,039,208	7,801,577
Basic earnings per common share (in Dollars per share)	$ 0.35	$ 0.25
Diluted earnings per common share (in Dollars per share)	$ 0.34	$ 0.25

Note 4 - Securities (Details)

Note 4 - Securities (Details) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net	$ 0	$ 0
Proceeds from Sale and Maturity of Marketable Securities	$ 0	$ 0

Note 4 - Securities (Details) -

Note 4 - Securities (Details) - Amorized Cost and Fair Value of Held-to-maturity Debt Securities - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Amortized Cost	$ 27,284	$ 27,458
Held-to-maturity Securities, Gross Unrealized Gains	647	439
Held-to-maturity Securities, Gross Unrealized Losses	21	54
Held-to-maturity Securities, Estimated Fair Value	27,910	27,843
Collateralized Mortgage Obligations [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Amortized Cost	5,936	6,097
Held-to-maturity Securities, Gross Unrealized Gains	38
Held-to-maturity Securities, Gross Unrealized Losses		16
Held-to-maturity Securities, Estimated Fair Value	5,974	6,081
US States and Political Subdivisions Debt Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Amortized Cost	21,348	21,361
Held-to-maturity Securities, Gross Unrealized Gains	609	439
Held-to-maturity Securities, Gross Unrealized Losses	21	38
Held-to-maturity Securities, Estimated Fair Value	$ 21,936	$ 21,762

Note 4 - Securities (Details)29

Note 4 - Securities (Details) - Amortized Cost and Fair Value of Available-for-sale Debt Securities - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale Securities, Amortized Cost	$ 54,417	$ 52,562
Available-for-Sale Securities, Gross Unrealized Gains	1,290	1,031
Available-for-Sale Securities, Gross Unrealized Losses	37	188
Available-for-Sale Securities, Estimated Fair Value	55,670	53,405
US Government Agencies Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale Securities, Amortized Cost	3,755
Available-for-Sale Securities, Gross Unrealized Losses	36
Available-for-Sale Securities, Estimated Fair Value	3,719
Collateralized Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale Securities, Amortized Cost	46,255	48,155
Available-for-Sale Securities, Gross Unrealized Gains	1,012	758
Available-for-Sale Securities, Gross Unrealized Losses	1	187
Available-for-Sale Securities, Estimated Fair Value	47,266	48,726
US States and Political Subdivisions Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale Securities, Amortized Cost	4,407	4,407
Available-for-Sale Securities, Gross Unrealized Gains	278	273
Available-for-Sale Securities, Gross Unrealized Losses		1
Available-for-Sale Securities, Estimated Fair Value	$ 4,685	$ 4,679

Note 4 - Securities (Details)30

Note 4 - Securities (Details) - Debt Securities with Unrealized Losses - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Note 4 - Securities (Details) - Debt Securities with Unrealized Losses [Line Items]
Held-to-Maturity Securities, Less than 12 Months, Fair Value	$ 1,241	$ 5,956
Held-to-Maturity Securities, Less than 12 months, Unrealized Losses	21	54
Held-to-Maturity Securities, 12 Months or More, Fair Value	0	0
Held-to-Maturity Securities, 12 Months or More, Unrealized Losses	0	0
Held-to-Maturity Securities, Total Fair Value	1,241	5,956
Held-to-Maturity Securities, Total Unrealized Losses	21	54
Available-for-Sale Securities, Less than 12 Months, Fair Value	5,764	29,104
Available-for-Sale Securities, Less than 12 months, Unrealized Losses	37	129
Available-for-Sale Securities, 12 Months or More Fair Value	0	3,654
Available-for-Sale Securities, 12 Months or More Unrealized Losses	0	59
Available-for-Sale Securities, Total Fair Value	5,764	32,758
Available-for-Sale Securities, Total Unrealized Losses	37	188
Collateralized Mortgage Backed Securities [Member]
Note 4 - Securities (Details) - Debt Securities with Unrealized Losses [Line Items]
Held-to-Maturity Securities, Less than 12 Months, Fair Value	0	3,960
Held-to-Maturity Securities, Less than 12 months, Unrealized Losses	0	16
Held-to-Maturity Securities, 12 Months or More, Fair Value	0	0
Held-to-Maturity Securities, 12 Months or More, Unrealized Losses	0	0
Held-to-Maturity Securities, Total Fair Value	0	3,960
Held-to-Maturity Securities, Total Unrealized Losses	0	16
Available-for-Sale Securities, Less than 12 Months, Fair Value	2,045	28,606
Available-for-Sale Securities, Less than 12 months, Unrealized Losses	1	128
Available-for-Sale Securities, 12 Months or More Fair Value	0	3,654
Available-for-Sale Securities, 12 Months or More Unrealized Losses	0	59
Available-for-Sale Securities, Total Fair Value	2,045	32,260
Available-for-Sale Securities, Total Unrealized Losses	1	187
US States and Political Subdivisions Debt Securities [Member]
Note 4 - Securities (Details) - Debt Securities with Unrealized Losses [Line Items]
Held-to-Maturity Securities, Less than 12 Months, Fair Value	1,241	1,996
Held-to-Maturity Securities, Less than 12 months, Unrealized Losses	21	38
Held-to-Maturity Securities, 12 Months or More, Fair Value	0	0
Held-to-Maturity Securities, 12 Months or More, Unrealized Losses	0	0
Held-to-Maturity Securities, Total Fair Value	1,241	1,996
Held-to-Maturity Securities, Total Unrealized Losses	21	38
Available-for-Sale Securities, Less than 12 Months, Fair Value	0	498
Available-for-Sale Securities, Less than 12 months, Unrealized Losses	0	1
Available-for-Sale Securities, 12 Months or More Fair Value	0	0
Available-for-Sale Securities, 12 Months or More Unrealized Losses	0	0
Available-for-Sale Securities, Total Fair Value	0	498
Available-for-Sale Securities, Total Unrealized Losses	0	$ 1
US Government Agencies Debt Securities [Member]
Note 4 - Securities (Details) - Debt Securities with Unrealized Losses [Line Items]
Available-for-Sale Securities, Less than 12 Months, Fair Value	3,719
Available-for-Sale Securities, Less than 12 months, Unrealized Losses	36
Available-for-Sale Securities, 12 Months or More Fair Value	0
Available-for-Sale Securities, 12 Months or More Unrealized Losses	0
Available-for-Sale Securities, Total Fair Value	3,719
Available-for-Sale Securities, Total Unrealized Losses	$ 36

Note 4 - Securities (Details)31

Note 4 - Securities (Details) - Amortized Cost and Estimated Fair Value of Securities - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Mortgage-backed securities and
Available-for-Sale, Amortized Cost	$ 54,417	$ 52,562
Available-for-Sale, Fair Value	55,670	53,405
Held-to-Maturity Securities, Amortized Cost	27,284	27,458
Held-to-Maturity Securities, Fair Value	27,910	27,843
US States and Political Subdivisions Debt Securities [Member]
Municipal securities:
5 to 10 years	1,046
5 to 10 years	1,087
Over 10 years	3,361
Over 10 years	3,598
Over 10 years	21,348
Over 10 years	21,936
Mortgage-backed securities and
Available-for-Sale, Amortized Cost	4,407	4,407
Available-for-Sale, Fair Value	4,685	4,679
Held-to-Maturity Securities, Amortized Cost	21,348	21,361
Held-to-Maturity Securities, Fair Value	21,936	$ 21,762
Collateralized Mortgage Backed Securities and U.S. Government Agency Obligations [Member]
Mortgage-backed securities and
Available-for-Sale, Amortized Cost	50,010
Available-for-Sale, Fair Value	50,985
Held-to-Maturity Securities, Amortized Cost	5,936
Held-to-Maturity Securities, Fair Value	$ 5,974

Note 5 - Loans, Allowance for32

Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Details)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Financing Receivable, Modifications, Number of Contracts	0	0
Unpaid Recourse Receivables [Member]
Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Threshold Period Past Due for Write-off of Financing Receivable	90 days
Non-recourse Receivables [Member]
Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Threshold Period Past Due for Write-off of Financing Receivable	120 days

Note 5 - Loans, Allowance for33

Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Summary of Major Classification of Loans - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases	$ 1,384,056	$ 1,319,894
Less: Unearned fees	517	480
Total loans	1,383,539	1,319,414
Allowance for loan losses	(10,927)	(9,842)	$ (9,522)	$ (9,802)
Total net loans	1,372,612	1,309,572
Commercial, Financial and Agricultural Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases	192,407	196,732
Allowance for loan losses	(1,801)	(1,345)	(1,499)	(1,523)
Factored Commercial Receivables Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases	74,248	67,628
Allowance for loan losses	(500)	(500)	(956)	(955)
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases	931,021	881,556
Allowance for loan losses	(6,495)	(5,525)	(5,192)	(5,047)
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases	166,714	152,862
Allowance for loan losses	(1,964)	(1,412)	(777)	(647)
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases	19,666	21,116
Allowance for loan losses	$ (167)	$ (236)	$ (317)	$ (562)

Note 5 - Loans, Allowance for34

Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Summary of Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	$ 9,842	$ 9,802
Provisions charged to operating expense	1,533	161
Loans charged off	(916)	(899)
Recoveries	468	458
Balance	10,927	9,522
Ending balance, individually evaluated for impairment		778
Ending balance, collectively evaluated for impairment	10,927	8,744
Loans:
Individually evaluated for impairment	414	1,437
Collectively evaluated for impairment	1,373,437	910,997
Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality	10,205	8,852
Commercial, Financial and Agricultural Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	1,345	1,523
Provisions charged to operating expense	443	(43)
Loans charged off	(1)	(1)
Recoveries	14	20
Balance	1,801	1,499
Ending balance, collectively evaluated for impairment	1,801	1,499
Loans:
Collectively evaluated for impairment	192,096	140,226
Commercial, Financial and Agricultural Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality	311	983
Factored Commercial Receivables Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	500	955
Provisions charged to operating expense	488	161
Loans charged off	(888)	(566)
Recoveries	400	406
Balance	500	956
Ending balance, individually evaluated for impairment		678
Ending balance, collectively evaluated for impairment	500	278
Loans:
Individually evaluated for impairment		820
Collectively evaluated for impairment	74,248	68,721
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	5,525	5,047
Provisions charged to operating expense	923	453
Loans charged off		(332)
Recoveries	47	24
Balance	6,495	5,192
Ending balance, collectively evaluated for impairment	6,495	5,192
Loans:
Individually evaluated for impairment	196	430
Collectively evaluated for impairment	921,609	596,432
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality	9,216	7,194
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	1,412	647
Provisions charged to operating expense	549	122
Recoveries	3	8
Balance	1,964	777
Ending balance, individually evaluated for impairment		100
Ending balance, collectively evaluated for impairment	1,964	677
Loans:
Individually evaluated for impairment	162	187
Collectively evaluated for impairment	166,120	89,733
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality	432	343
Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	236	562
Provisions charged to operating expense	(46)	(245)
Loans charged off	(27)
Recoveries	4
Balance	167	317
Ending balance, collectively evaluated for impairment	167	317
Loans:
Individually evaluated for impairment	56
Collectively evaluated for impairment	19,364	15,885
Consumer Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality	246	332
Unallocated Financing Receivables [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	824	1,068
Provisions charged to operating expense	$ (824)	(287)
Balance		781
Ending balance, collectively evaluated for impairment		$ 781

Note 5 - Loans, Allowance for35

Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Summary of Impaired Loans by Class of Loans - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Impaired loans without related allowance:
Recorded Investment-without related allowance	$ 414	$ 188
Unpaid Principal Balance-without related allowance	540	233
Average Recorded Investment-without related allowance	302	1,667
Impaired loans with related allowance:
Average Recorded Investment-with related allowance		980
Total impaired loans:
Recorded Investment	414	188
Unpaid Principal Balance	540	233
Average Recorded Investment	302	2,647
Factored Commercial Receivables Portfolio Segment [Member]
Impaired loans with related allowance:
Average Recorded Investment-with related allowance		653
Total impaired loans:
Average Recorded Investment		653
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Impaired loans without related allowance:
Recorded Investment-without related allowance	196	19
Unpaid Principal Balance-without related allowance	237	55
Average Recorded Investment-without related allowance	108	1,523
Impaired loans with related allowance:
Average Recorded Investment-with related allowance		250
Total impaired loans:
Recorded Investment	196	19
Unpaid Principal Balance	237	55
Average Recorded Investment	108	1,773
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Impaired loans without related allowance:
Recorded Investment-without related allowance	162	169
Unpaid Principal Balance-without related allowance	176	178
Average Recorded Investment-without related allowance	166	105
Impaired loans with related allowance:
Average Recorded Investment-with related allowance		77
Total impaired loans:
Recorded Investment	162	169
Unpaid Principal Balance	176	178
Average Recorded Investment	166	182
Consumer Portfolio Segment [Member]
Impaired loans without related allowance:
Recorded Investment-without related allowance	56
Unpaid Principal Balance-without related allowance	127
Average Recorded Investment-without related allowance	28	39
Total impaired loans:
Recorded Investment	56
Unpaid Principal Balance	127
Average Recorded Investment	$ 28	$ 39

Note 5 - Loans, Allowance for36

Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Summary of Aging of Recorded Investment in Past Due and Non-accrual Loan - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 9,293	$ 11,303
Current	1,374,763	1,308,591
Total	1,384,056	1,319,894
Non-accrual	3,801	3,695
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6,638	7,663
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,087	2,443
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,568	1,197
Commercial, Financial and Agricultural Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	64	21
Current	192,343	196,711
Total	192,407	196,732
Commercial, Financial and Agricultural Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	64	21
Factored Commercial Receivables Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	7,163	7,609
Current	67,085	60,019
Total	74,248	67,628
Factored Commercial Receivables Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	5,624	5,762
Factored Commercial Receivables Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,087	1,595
Factored Commercial Receivables Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	452	252
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,722	3,378
Current	929,299	878,178
Total	931,021	881,556
Non-accrual	3,392	3,300
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	637	1,707
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		760
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,085	911
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		147
Current	166,714	152,715
Total	166,714	152,862
Non-accrual	276	283
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		59
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		88
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	344	148
Current	19,322	20,968
Total	19,666	21,116
Non-accrual	133	112
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	313	114
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 31	$ 34

Note 5 - Loans, Allowance for37

Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Summary of Risk Category of Loans by Class of Loans - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 1,384,056	$ 1,319,894
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,367,448	1,303,936
OAEM [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	3,494	4,298
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	9,313	7,965
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	3,801	3,695
Commercial, Financial and Agricultural Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	192,407	196,732
Commercial, Financial and Agricultural Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	189,505	193,176
Commercial, Financial and Agricultural Portfolio Segment [Member] | OAEM [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,036	1,509
Commercial, Financial and Agricultural Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,866	2,047
Factored Commercial Receivables Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	74,248	67,628
Factored Commercial Receivables Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	74,248	67,628
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	931,021	881,556
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	920,697	870,617
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | OAEM [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,426	2,756
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	4,505	4,882
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	3,393	3,301
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	166,714	152,862
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	164,196	152,255
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,242	324
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	276	283
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	19,666	21,116
Consumer Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	18,802	20,260
Consumer Portfolio Segment [Member] | OAEM [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	32	33
Consumer Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	700	712
Consumer Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 132	$ 111

Note 6 - Fair Value Measureme38

Note 6 - Fair Value Measurements and Disclosures (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Securities available-for-sale	$ 55,670	$ 53,405
Derivative assets	569	258
Derivative liabilities	1,016	518
US Government Agencies Debt Securities [Member]
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Securities available-for-sale	3,719
Collateralized Mortgage Backed Securities [Member]
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Securities available-for-sale	47,266	48,726
US States and Political Subdivisions Debt Securities [Member]
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Securities available-for-sale	4,685	4,679
Fair Value, Inputs, Level 2 [Member]
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Securities available-for-sale	55,670	53,405
Derivative assets	569	258
Derivative liabilities	1,016	518
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Securities available-for-sale	3,719
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Backed Securities [Member]
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Securities available-for-sale	47,266	48,726
Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member]
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Securities available-for-sale	$ 4,685	$ 4,679

Note 6 - Fair Value Measureme39

Note 6 - Fair Value Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Nonrecurring Basis - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Other real estate and repossessed assets	$ 2,884	$ 3,965
Impaired loans	3,801	3,695
Doubtful [Member]
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Impaired loans	3,801	3,695
Fair Value, Inputs, Level 3 [Member]
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Other real estate and repossessed assets	2,884	3,965
Fair Value, Inputs, Level 3 [Member] | Doubtful [Member]
Note 6 - Fair Value Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Impaired loans	$ 3,801	$ 3,695

Note 6 - Fair Value Measureme40

Note 6 - Fair Value Measurements and Disclosures (Details) - Carrying Amounts and Estimated Fair Values of the Company's Financial Instruments - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Assets:
Cash and cash equivalents	$ 123,853	$ 212,457	$ 149,907	$ 123,435
Investment securities held-to-maturity	27,284	27,458
Investment securities available-for-sale	55,670	53,405
Other investments	6,106	6,235
Loans, net	1,372,612	1,309,572
Mortgage loans held-for-sale	12,529	15,020
Bank owned life insurance	27,426	27,223
Derivative assets	569	258
Liabilities:
Deposits	1,498,197	1,514,458
Federal Home Loan Bank advances	7,000	22,000
Derivative liabilities	1,016	518
Fair Value, Inputs, Level 2 [Member]
Assets:
Investment securities available-for-sale	55,670	53,405
Derivative assets	569	258
Liabilities:
Derivative liabilities	1,016	518
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Assets:
Cash and cash equivalents	123,853	212,457
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Assets:
Investment securities held-to-maturity	27,910	27,843
Investment securities available-for-sale	55,670	53,405
Other investments	6,106	6,235
Loans, net	1,380,509	1,309,547
Mortgage loans held-for-sale	12,529	15,020
Bank owned life insurance	27,426	27,223
Derivative assets	569	258
Liabilities:
Deposits	1,479,070	1,479,746
Federal Home Loan Bank advances	7,450	22,405
Derivative liabilities	1,016	518
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Assets:
Loans, net	$ 3,801	$ 3,695

Note 7 - Segment Reporting (Det

Note 7 - Segment Reporting (Details)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting [Abstract]
Number of Reportable Segments	3
Funding Costs of Fed Funds Percentage	2.50%	2.50%

Note 7 - Segment Reporting (D42

Note 7 - Segment Reporting (Details) - Reconciliation of Reportable Segment Revenue, Expenses and Profit - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total interest income		$ 18,313	$ 12,193
Total interest expense		1,650	1,027
Net interest income		16,663	11,166
Provision for loan losses		1,533	161
Total other income		3,125	1,764
Total other expense		12,053	9,290
Earnings before income tax		6,202	3,479
Income tax expense		2,083	1,092
Net earnings attributable to noncontrolling interest		(340)	(466)
Net earnings		3,779	1,921
Total assets		1,735,940	1,206,667	$ 1,763,369
Intersegment Eliminations [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total interest income	[1]	(500)	(520)
Total interest expense	[1]	$ (500)	$ (520)
Net interest income	[1]
Provision for loan losses	[1]
Total other income	[1]
Total other expense	[1]
Earnings before income tax	[1]
Income tax expense	[1]
Net earnings attributable to noncontrolling interest	[1]
Net earnings	[1]
Total assets	[1]	$ (66,074)	$ (65,937)
Retail and Commercial Banking [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total interest income		15,699	9,516
Total interest expense		1,606	999
Net interest income		14,093	8,517
Provision for loan losses		1,045
Total other income		1,632	547
Total other expense		9,412	6,916
Earnings before income tax		5,268	2,148
Income tax expense		1,857	763
Net earnings		3,411	1,385
Total assets		1,694,223	1,164,877
Mortgage Division [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total interest income	[2]	115	84
Total interest expense	[2]	44	28
Net interest income	[2]	$ 71	$ 56
Provision for loan losses	[2]
Total other income	[2]	$ 1,453	$ 1,187
Total other expense	[2]	1,349	1,040
Earnings before income tax	[2]	175	203
Income tax expense	[2]	$ 67	$ 77
Net earnings attributable to noncontrolling interest	[2]
Net earnings	[2]	$ 108	$ 126
Total assets	[2]	12,529	13,804
Receivables Factoring [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total interest income		2,999	3,113
Total interest expense		500	520
Net interest income		2,499	2,593
Provision for loan losses		488	161
Total other income		40	30
Total other expense		1,292	1,334
Earnings before income tax		759	1,128
Income tax expense		159	252
Net earnings attributable to noncontrolling interest		(340)	(466)
Net earnings		260	410
Total assets		$ 95,262	$ 93,923
[1]	Entry to remove intercompany interest allocated to the receivables factoring segment. For segment reporting purposes, we allocate funding costs to the receivables factoring segment at the federal funds rate plus 2.50%.
[2]	Noninterest income for the mortgage division segment includes intercompany income allocation.

Note 8 - Goodwill and Intangi43

Note 8 - Goodwill and Intangible Assets (Details)	3 Months Ended
	Mar. 31, 2016USD ($)
Note 8 - Goodwill and Intangible Assets (Details) [Line Items]
Goodwill, Period Increase (Decrease)	$ 29,000
Reunion Bank of Florida [Member]
Note 8 - Goodwill and Intangible Assets (Details) [Line Items]
Goodwill, Period Increase (Decrease)	$ 29,000

Note 8 - Goodwill and Intangi44

Note 8 - Goodwill and Intangible Assets (Details) - Changes in Carrying Amount of Goodwill $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Changes in Carrying Amount of Goodwill [Abstract]
Balance, December 31, 2015	$ 50,686
Adjustments to goodwill	29
Balance, March 31, 2016	$ 50,715

Note 8 - Goodwill and Intangi45

Note 8 - Goodwill and Intangible Assets (Details) - Core Deposit Intangible Assets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Net carrying amount	$ 2,597	$ 2,788
Core Deposits [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	3,315	3,315
Less: accumulated amortization	(718)	(527)
Net carrying amount	$ 2,597	$ 2,788

Note 9 - Cash and Cash Equiva46

Note 9 - Cash and Cash Equivalents (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Cash and Cash Equivalents [Abstract]
Federal Funds Sold Period	1 day
Payments to Acquire Federal Reserve Bank Stock	$ 1,899,000	$ 12,218,000