National Commerce 10-Q 8 Nov 16 2016 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 09, 2016
Document Information [Line Items]
Entity Registrant Name	National Commerce Corp
Entity Central Index Key	1,609,951
Trading Symbol	ncom
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		10,929,151
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Amendment Flag	false

Unaudited Consolidated Balance

Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Assets
Cash and due from banks	$ 27,187	$ 27,173
Interest-bearing deposits with banks	95,733	185,284
Cash and cash equivalents	122,920	212,457
Investment securities held-to-maturity (fair value of $27,594 and $27,843 at September 30, 2016 and December 31, 2015, respectively)	26,666	27,458
Investment securities available-for-sale	76,182	53,405
Other investments	7,715	6,235
Mortgage loans held-for-sale	7,810	15,020
Loans, net of unearned income	1,412,368	1,319,414
Less: allowance for loan losses	11,950	9,842
Loans, net	1,400,418	1,309,572
Premises and equipment, net	32,158	31,432
Accrued interest receivable	3,442	3,510
Bank-owned life insurance	27,837	27,223
Other real estate	2,160	3,965
Deferred tax assets, net	13,820	14,190
Goodwill	50,748	50,686
Core deposit intangible, net	2,214	2,788
Other assets	5,188	5,428
Total assets	1,779,278	1,763,369
Liabilities and Shareholders’ Equity
Noninterest-bearing demand	382,924	382,946
Interest-bearing demand	220,488	202,649
Savings and money market	618,040	611,887
Time	278,427	316,976
Total deposits	1,499,879	1,514,458
Federal Home Loan Bank advances	7,000	22,000
Subordinated debt	24,487
Accrued interest payable	1,083	627
Other liabilities	14,656	9,648
Total liabilities	1,547,105	1,546,733
Commitments and contingencies
Shareholders’ equity:
Preferred stock, 250,000 shares authorized, no shares issued or outstanding
Common stock, $0.01 par value, 30,000,000 shares authorized, 10,920,423 and 10,824,969 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	109	108
Additional paid-in capital	204,551	202,456
Retained earnings	19,098	6,152
Accumulated other comprehensive income	1,058	548
Total shareholders' equity attributable to National Commerce Corporation	224,816	209,264
Noncontrolling interest	7,357	7,372
Total shareholders' equity	232,173	216,636
Total liabilities and shareholders' equity	$ 1,779,278	$ 1,763,369

Unaudited Consolidated Balance3

Unaudited Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Held-to-maturity securities, fair value	$ 27,594	$ 27,843
Preferred stock, shares authorized (in shares)	250,000	250,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	10,920,423	10,824,969
Common stock, shares outstanding (in shares)	10,920,423	10,824,969

Unaudited Consolidated Statemen

Unaudited Consolidated Statements of Earnings - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Interest and dividend income:
Interest and fees on loans	$ 17,991	$ 12,925	$ 53,143	$ 36,943
Interest and dividends on taxable investment securities	493	259	1,288	784
Interest on non-taxable investment securities	200	137	601	293
Interest on interest-bearing deposits and federal funds sold	152	129	499	337
Total interest income	18,836	13,450	55,531	38,357
Interest expense:
Interest on deposits	1,499	1,080	4,544	2,959
Interest on borrowings	71	111	223	330
Interest on subordinated debt	389		572
Total interest expense	1,959	1,191	5,339	3,289
Net interest income	16,877	12,259	50,192	35,068
Provision for loan losses	373	201	2,807	482
Net interest income after provision for loan losses	16,504	12,058	47,385	34,586
Other income:
Service charges and fees on deposit accounts	511	311	1,496	886
Mortgage origination and fee income	2,245	1,439	5,264	4,215
Merchant sponsorship revenue	542	305	1,555	496
Income from bank-owned life insurance	206	86	614	251
Wealth management fees	15	11	39	43
Gain (loss) on other real estate			275	(24)
Other	483	201	1,241	456
Total other income	4,002	2,353	10,484	6,323
Other expense:
Salaries and employee benefits	6,948	5,186	20,800	15,287
Commission-based compensation	1,104	1,048	3,015	2,900
Occupancy and equipment	1,181	871	3,447	2,536
Core deposit intangible amortization	191	111	574	333
Other	3,208	2,679	9,103	7,745
Total other expense	12,632	9,895	36,939	28,801
Earnings before income taxes	7,874	4,516	20,930	12,108
Income tax expense	2,639	1,453	6,794	3,809
Net earnings	5,235	3,063	14,136	8,299
Less: Net earnings attributable to noncontrolling interest	422	573	1,190	1,632
Net earnings attributable to National Commerce Corporation	$ 4,813	$ 2,490	$ 12,946	$ 6,667
Basic earnings per common share (in dollars per share)	$ 0.44	$ 0.26	$ 1.19	$ 0.75
Diluted earnings per common share (in dollars per share)	$ 0.43	$ 0.26	$ 1.17	$ 0.74

Unaudited Consolidated Stateme5

Unaudited Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Net earnings	$ 4,813	$ 2,490	$ 12,946	$ 6,667
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on investment securities available-for-sale: Unrealized gains (losses) arising during the period, net of tax of $34, $45, $275 and ($82), respectvely	64	83	510	(152)
Other comprehensive income (loss)	64	83	510	(152)
Comprehensive income	$ 4,877	$ 2,573	$ 13,456	$ 6,515

Unaudited Consolidated Stateme6

Unaudited Consolidated Statements of Comprehensive Income (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Unrealized gains arising during the period, tax	$ 34	$ 45	$ 275	$ (82)

Unaudited Consolidated Stateme7

Unaudited Consolidated Statements of Changes in Shareholders' Equity - 9 months ended Sep. 30, 2016 - USD ($) $ in Thousands	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
Share-based compensation expense		998				998
Net earnings			12,946			12,946
Exercise of stock options and issuance of performance shares	1	1,040				1,041
Tax benefit resulting from exercise of stock options, net of adjustment		57				57
Less: Net earnings attributable to noncontrolling interest					1,190	1,190
Distributions paid to noncontrolling interest					(1,205)	(1,205)
Change in unrealized gain/loss on securities available-for-sale, net of tax				510		510
Balance at Sep. 30, 2016	$ 109	$ 204,551	$ 19,098	$ 1,058	$ 7,357	$ 232,173

Unaudited Consolidated Stateme8

Unaudited Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net earnings	$ 12,946,000	$ 6,667,000
Adjustments to reconcile net earnings to net cash provided by operating activities:
Provision for loan losses	2,807,000	482,000
Less: Net earnings attributable to noncontrolling interest	1,190,000	1,632,000
Depreciation, amortization, and accretion	650,000	858,000
(Gain) loss on ineffective portion of fair value hedge derivative	(2,000)	5,000
Change in mortgage loan derivative	(342,000)	(120,000)
Loss on trade or sale of premises and equipment		5,000
Share-based compensation expense	998,000	716,000
Income from bank-owned life insurance	(614,000)	(251,000)
(Gain) loss on other real estate	(275,000)	24,000
Change in:
Mortgage loans held-for-sale	7,210,000	1,403,000
Other assets and accrued interest receivable	1,203,000	(750,000)
Other liabilities and accrued interest payable	3,728,000	223,000
Net cash provided by operating activities	29,499,000	10,894,000
Cash flows from investing activities:
Proceeds from calls, maturities, and paydowns of securities available-for-sale	31,466,000	8,449,000
Proceeds from calls, maturities, and paydowns of securities held-to-maturity	698,000
Proceeds from sale of securities available-for-sale	1,495,000	0
Purchases of securities available-for-sale	(53,978,000)	(2,500,000)
Purchases of securities held-to-maturity		(17,177,000)
Proceeds from sale of other investments	693,000	703,000
Purchases of other investments	(2,173,000)	(1,126,000)
Net change in loans	(91,802,000)	(129,852,000)
Proceeds from sale of other real estate	2,080,000	169,000
Investment in bank-owned life insurance		(1,042,000)
Proceeds from the sale of premises and equipment		49,000
Purchases of premises and equipment	(2,372,000)	(2,296,000)
Net cash used by investing activities	(113,894,000)	(144,623,000)
Cash flows from financing activities:
Net change in deposits	(14,444,000)	170,777,000
Repayment of Federal Home Loan Bank advances	(15,000,000)
Issuance of subordinated debt	25,000,000
Debt offering expenses	(533,000)
Cash distribution paid to noncontrolling interests	(1,205,000)	(1,363,000)
Proceeds from stock offering		34,495,000
Stock offering expenses		(733,000)
Proceeds from exercise of options and warrants	1,040,000
Net cash (used) provided by financing activities	(5,142,000)	203,176,000
Net change in cash and cash equivalents	(89,537,000)	69,447,000
Cash and cash equivalents at beginning of the period	212,457,000	123,435,000
Cash and cash equivalents at end of the period	122,920,000	192,882,000
Supplemental disclosure of cash flow information:
Interest	4,883,000	3,241,000
Income taxes	4,508,000	2,630,000
Non-cash investing and financing activities:
Change in unrealized gains (losses) on securities available-for-sale, net of tax	510,000	(152,000)
Transfer of loans to other real estate		$ 2,762,000

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
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. (“NCRM”). NCRM is a captive insurance company that was created to insure the Company and our subsidiaries against certain risks arising from our operations. The unaudited consolidated financial statements also include the accounts of NBC’s majority-owned subsidiary, CBI Holding Company, LLC (“CBI”), 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 and operates a loan production office in Atlanta, Georgia. 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

Note 2 - Reclassifications	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
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	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
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 added to 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 100,459 and 101,680 for the three-month and nine-month periods ended September 30, 2016, respectively, and totaled 102,297 for the three and nine months ended September 30, 2015. The reconciliation of the components of the basic and diluted earnings per share is as follows. For the Three Months Ended For the Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Net earnings available to common shareholders $ 4,813 2,490 $ 12,946 6,667 Weighted average common shares outstanding 10,890,860 9,438,541 10,871,245 8,865,944 Dilutive effect of stock options 108,925 61,623 100,334 48,745 Dilutive effect of directors' deferred shares 20,148 8,118 20,072 8,091 Dilutive effect of performance share awards 95,201 86,190 89,095 80,105 Diluted common shares 11,115,134 9,594,472 11,080,746 9,002,885 Basic earnings per common share $ 0.44 0.26 $ 1.19 0.75 Diluted earnings per common share $ 0.43 0.26 $ 1.17 0.74

Note 4 - Securities

Note 4 - Securities	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
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 September 30, 2016 and December 31, 2015 were as follows. Held-to-Maturity Securities Gross Gross Estimated Amortized Unrealized Unrealized Fair September 30, 2016 Cost Gains Losses Value Mortgage-backed securities $ 5,345 79 - 5,424 Municipal securities 21,321 849 - 22,170 Total held-to-maturity securities $ 26,666 928 - 27,594 Gross Gross Estimated Amortized Unrealized Unrealized Fair December 31, 2015 Cost Gains Losses 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 Gross Gross Estimated Amortized Unrealized Unrealized Fair September 30, 2016 Cost Gains Losses Value U.S. Government agency obligations $ 3,687 - 38 3,649 Mortgage-backed securities 41,482 1,268 - 42,750 Other asset-backed securities 24,977 149 18 25,108 Municipal securities 4,407 268 - 4,675 Total available-for-sale securities $ 74,553 1,685 56 76,182 Gross Gross Estimated Amortized Unrealized Unrealized Fair December 31, 2015 Cost Gains Losses 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 September 30, 2016 and December 31, 2015 are as follows. Held-to-Maturity Securities Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2015 Value Losses Value Losses Value 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 Fair Unrealized Fair Unrealized Fair Unrealized September 30, 2016 Value Losses Value Losses Value Losses U.S. Government agency obligations $ 3,649 38 - - 3,649 38 Mortgage-backed securities - - - - - - Other asset-backed securities 1,482 18 - - 1,482 18 Municipal securities - - - - - - Total available-for-sale securities $ 5,131 56 - - 5,131 56 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2015 Value Losses Value Losses Value 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 September 30, 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 and nine-month periods ended September 30, 2016 and 2015. During the three-month and nine-month periods ended September 30, 2016, the Company sold one debt security for proceeds of $1,495,000 and realized a gross gain of $365. During the corresponding three-month and nine-month periods of 2015, the Company did not sell any debt securities. The amortized cost and estimated fair value of debt securities at September 30, 2016, by contractual maturity, are shown below. Expected maturities 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 Fair Amortized Fair Cost Value Cost Value Municipal securities: 0 to 5 years $ - - $ - - 5 to 10 years 1,047 1,076 750 774 Over 10 years 3,360 3,599 20,571 21,396 Mortgage-backed securities, other asset- backed securities and U.S. government agency obligations 70,146 71,507 5,345 5,424 Total $ 74,553 76,182 $ 26,666 27,594

Note 5 - Loans, Allowance for L

Note 5 - Loans, Allowance for Loan Losses and Credit Quality	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 5 – Loans , Allowance for Loan Losses and Credit Quality Major classifications of loans at September 30, 2016 and December 31, 2015 are summarized as follows. September 30, 2016 December 31, 2015 Commercial, financial, and agricultural $ 168,189 196,732 Factored commercial receivables 70,066 67,628 Real estate - mortgage 1,007,687 881,556 Real estate - construction 147,111 152,862 Consumer 19,754 21,116 1,412,807 1,319,894 Less: Unearned fees 439 480 Total loans 1,412,368 1,319,414 Allowance for loan losses (11,950 ) (9,842 ) Total net loans $ 1,400,418 1,309,572 The Company makes loans and extensions of credit to individuals and a variety of businesses located in its market areas. 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. Loans acquired through bank acquisitions 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. Commercial, Factored financial, and commercial Real estate - Real estate - Balance, September 30, 2016 agricultural receivables mortgage construction Consumer Unallocated Total Balance, beginning of year $ 1,345 500 5,525 1,412 236 824 9,842 Provisions charged to operating expense 3 689 2,501 320 118 (824 ) 2,807 Loans charged off (6 ) (1,769 ) (23 ) - (180 ) - (1,978 ) Recoveries 72 1,080 107 9 11 - 1,279 Balance, September 30, 2016 $ 1,414 500 8,110 1,741 185 - 11,950 Ending balance, individually evaluated for impairment $ - - - - - - - Ending balance, collectively evaluated for impairment $ 1,414 500 8,110 1,741 185 - 11,950 Loans: Individually evaluated for impairment $ - - 184 - 19 - 203 Collectively evaluated for impairment $ 167,981 70,066 998,737 146,831 19,489 - 1,403,104 Acquired loans with deteriorated credit quality $ 208 - 8,766 280 246 - 9,500 Commercial, Factored financial, and commercial Real estate - Real estate - Balance, September 30, 2015 agricultural receivables mortgage construction Consumer Unallocated Total Balance, beginning of year $ 1,523 955 5,047 647 562 1,068 9,802 Provisions charged to operating expense 10 (256 ) 966 121 38 (397 ) 482 Loans charged off (11 ) (1,645 ) (764 ) - (120 ) - (2,540 ) Recoveries 56 1,446 57 83 5 - 1,647 Balance, September 30, 2015 $ 1,578 500 5,306 851 485 671 9,391 Ending balance, individually evaluated for impairment $ - - 223 - - - 223 Ending balance, collectively evaluated for impairment $ 1,578 500 5,083 851 485 671 9,168 Loans: Individually evaluated for impairment $ - - 996 175 78 - 1,249 Collectively evaluated for impairment $ 148,307 74,780 659,634 109,872 16,197 - 1,008,790 Acquired loans with deteriorated credit quality $ 202 - 4,854 327 232 - 5,615 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 nine months ended September 30, 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 September 30, 2016 and December 31, 2015. Loans with credit impairment purchased through bank acquisitions are not included in these tables because they are recorded at fair value and accordingly have no related allowance. Unpaid Average Recorded Principal Related Recorded September 30, 2016 Investment Balance Allowance Investment Impaired loans without related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 184 229 - 165 Real estate - construction - - - 122 Consumer 19 70 - 25 Total $ 203 299 - 312 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 184 229 - 165 Real estate - construction - - - 122 Consumer 19 70 - 25 Total $ 203 299 - 312 Unpaid Average Recorded Principal Related Recorded December 31, 2015 Investment Balance Allowance 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 nine months ended September 30, 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 September 30, 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 CBI’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. 30-59 Days 60-89 Days > 90 Days Total September 30, 2016 Past Due Past Due Past Due Past Due Current Total Non-accrual Commercial, financial, and agricultural $ 24 - - 24 168,165 168,189 - Factored commercial receivables 5,142 908 358 6,408 63,658 70,066 - Real estate - mortgage 636 564 2,033 3,233 1,004,454 1,007,687 2,810 Real estate - construction 85 - - 85 147,026 147,111 103 Consumer - - 1 1 19,753 19,754 88 Total $ 5,887 1,472 2,392 9,751 1,403,056 1,412,807 3,001 30-59 Days 60-89 Days > 90 Days Total December 31, 2015 Past Due Past Due Past Due 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 Company 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 September 30, 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. September 30, 2016 Pass OAEM Substandard Doubtful Total Commercial, financial, and agricultural $ 165,649 968 1,572 - 168,189 Factored commercial receivables 70,066 - - - 70,066 Real estate - mortgage 997,738 2,118 5,039 2,792 1,007,687 Real estate - construction 146,647 - 361 103 147,111 Consumer 19,110 29 528 87 19,754 Total $ 1,399,210 3,115 7,500 2,982 1,412,807 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	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
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, derivative financial instruments and mortgage loans held-for-sale 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 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 September 30, 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 Prior to September 30, 2016, mortgage loans held-for-sale were carried at the lower of cost or market. During the quarter ended September 30, 2016, the Company elected to carry its mortgage loans held-for-sale at fair value. The fair value of committed mortgage loans held-for-sale is determined by outstanding commitments from investors, and the fair value of uncommitted loans is based on the current delivery prices in the secondary mortgage market. 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. Subordinated Debt For disclosure purposes, the fair value of our fixed-rate subordinated debt is estimated using a discounted cash flow model that utilizes current market interest rates on borrowings with a similar maturity. 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 a majority of the inputs used to value its derivatives falls 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 September 30, 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 September 30, 2016 and December 31, 2015. September 30, 2016 Level 1 Level 2 Level 3 Total U.S. Government agency obligations $ - 3,649 - 3,649 Mortgage-backed securities - 42,750 - 42,750 Municipal securities - 4,675 - 4,675 Other asset-backed securities - 25,108 - 25,108 Total investment securities available-for-sale $ - 76,182 - 76,182 Mortgage loans held-for-sale $ - 7,810 - 7,810 Derivative assets $ - 921 - 921 Derivative liabilities $ - 1,209 - 1,209 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 September 30, 2016 and December 31, 2015. September 30, 2016 Level 1 Level 2 Level 3 Total Other real estate and repossessed assets $ - - 2,160 2,160 Impaired loans - - 3,001 3,001 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 September 30, 2016 and December 31, 2015 were as follows: Carrying Estimated Fair Value September 30, 2016 Amount Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 122,920 122,920 - - Investment securities held-to-maturity 26,666 - 27,594 - Investment securities available-for-sale 76,182 - 76,182 - Other investments 7,715 - 7,715 - Loans, net 1,400,418 - 1,408,179 3,001 Mortgage loans held-for-sale 7,810 - 7,810 - Bank-owned life insurance 27,837 - 27,837 - Derivative assets 921 - 921 - Liabilities: Deposits 1,499,879 - 1,474,781 - Federal Home Loan Bank advances 7,000 - 7,370 - Subordinated debt 24,487 - 25,148 - Derivative liabilities 1,209 - 1,209 - Carrying Estimated Fair Value December 31, 2015 Amount Level 1 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	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
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 Mortgage Receivables Elimination Banking Division (1) Factoring Entries (2) Total For the Three Months Ended September 30, 2016 Interest income $ 16,251 145 2,916 (476 ) 18,836 Interest expense 1,898 61 476 (476 ) 1,959 Net interest income 14,353 84 2,440 - 16,877 Provision for loan and lease losses 289 - 84 - 373 Noninterest income 1,791 2,179 32 - 4,002 Noninterest expense 9,590 1,709 1,333 - 12,632 Net earnings before tax and noncontrolling interest 6,265 554 1,055 - 7,874 Income tax expense 2,187 211 241 - 2,639 Noncontrolling interest - - (422 ) - (422 ) Net earnings atributable to National Commerce Corporation $ 4,078 343 392 - 4,813 For the Nine Months Ended September 30, 2016 Interest income $ 47,681 411 8,885 (1,446 ) 55,531 Interest expense 5,174 165 1,446 (1,446 ) 5,339 Net interest income 42,507 246 7,439 - 50,192 Provision for loan and lease losses 2,118 - 689 - 2,807 Noninterest income 4,734 5,673 77 - 10,484 Noninterest expense 28,246 4,758 3,935 - 36,939 Net earnings before tax and noncontrolling interest 16,877 1,161 2,892 - 20,930 Income tax expense 5,706 441 647 - 6,794 Noncontrolling interest - - (1,190 ) - (1,190 ) Net earnings attributable to National Commerce Corporation $ 11,171 720 1,055 - 12,946 Total assets as of September 30, 2016 $ 1,741,047 7,810 92,822 (62,401 ) 1,779,278 For the Three Months Ended September 30, 2015 Interest income $ 10,670 104 3,170 (494 ) 13,450 Interest expense 1,158 33 494 (494 ) 1,191 Net interest income 9,512 71 2,676 - 12,259 Provision for loan and lease losses 310 - (109 ) - 201 Noninterest income 545 1,782 26 - 2,353 Noninterest expense 7,083 1,507 1,305 - 9,895 Net earnings before tax and noncontrolling interest 2,664 346 1,506 - 4,516 Income tax expense 967 131 355 - 1,453 Noncontrolling interest - - (573 ) - (573 ) Net earnings atributable to National Commerce Corporation $ 1,697 215 578 - 2,490 For the Nine Months Ended September 30, 2015 Interest income $ 30,236 301 9,331 (1,511 ) 38,357 Interest expense 3,191 98 1,511 (1,511 ) 3,289 Net interest income 27,045 203 7,820 - 35,068 Provision for loan and lease losses 738 - (256 ) - 482 Noninterest income 1,469 4,799 55 - 6,323 Noninterest expense 20,872 4,001 3,928 - 28,801 Net earnings before tax and noncontrolling interest 6,904 1,001 4,203 - 12,108 Income tax expense 2,452 380 977 - 3,809 Noncontrolling interest - - (1,632 ) - (1,632 ) Net earnings attributable to National Commerce Corporation $ 4,452 621 1,594 - 6,667 Total assets as of September 30, 2015 $ 1,312,449 7,926 96,967 (66,561 ) 1,350,781 (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 Intangibles	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 8 – Goodwill and Intangibles Changes to the carrying amount of goodwill for the nine months ended September 30, 2016 are provided in the following table. Balance, December 31, 2015 $ 50,686 Adjustments to goodwill 62 Balance, September 30, 2016 $ 50,748 The adjustments to goodwill made during the nine months ended September 30, 2016 resulted from the recognition of liabilities that existed as of the date on which we acquired Reunion Bank of Florida 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 $62,000 increase to the amount of goodwill initially 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 nine months of 2016. A summary of core deposit intangible assets as of September 30, 2016 and December 31, 2015 is as follows. September 30, 2016 December 31, 2015 Gross carrying amount $ 3,315 $ 3,315 Less: accumulated amortization (1,101 ) (527 ) Net carrying amount $ 2,214 $ 2,788

Note 9 - Cash and Cash Equivale

Note 9 - Cash and Cash Equivalents	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
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 September 30, 2016 and December 31, 2015, the Company’s reserve requirements were approximately $1,321,000 and $12,218,000, respectively.

Note 10 - Subordinated Debt

Note 10 - Subordinated Debt	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 10 – Subordinated Debt On May 19, 2016, the Company completed the underwritten public offering of $25 million of its unsecured 6.0% Fixed-to-Floating Rate Subordinated Notes due June 1, 2026 (the “Notes”). The Notes bear interest at a fixed rate of 6.0% per year, from, and including, May 19, 2016, to, but excluding, June 1, 2021. On June 1, 2021, the Notes convert to a floating rate equal to three-month LIBOR plus 479 basis points. The Notes may be redeemed by the Company after June 1, 2021. The Company incurred expenses associated with the offering totaling $533 thousand.

Note 11 - Acquisition

Note 11 - Acquisition	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 11 – Acquisition On August 31, 2016, the Company announced the signing of a definitive agreement providing for the merger of Private Bancshares, Inc. (“Private Bancshares”), the parent company of Private Bank of Buckhead (“PBB”), headquartered in Atlanta, Georgia, with and into NCC. Simultaneously with the holding company merger, PBB will merge with and into NBC, but will continue to operate under its current trade names “Private Bank of Buckhead”, “Private Bank of Decatur” and “PrivatePlus Mortgage” and the existing management team. Under the terms of the definitive agreement, each share of common stock of Private Bancshares issued and outstanding immediately prior to the effective time of the merger will be converted into the right to receive either 0.85417 shares of NCC common stock or cash in the amount of $20.50. Under the agreement, the total amount of cash payable in the merger will not exceed $8,320,766, subject to NCC’s option to increase such cash payment up to a maximum of $11,094,354. For more detailed information about the proposed transaction, refer to the Company’s Registration Statement on Form S-4 filed with the Securities and Exchange Commission on October 21, 2016. Assuming the satisfaction or waiver of all applicable conditions, the Company expects to close the proposed transaction during the fourth quarter of 2016 or first quarter of 2017, depending on the fulfillment of certain closing conditions.

Note 12 - Change in Accounting

Note 12 - Change in Accounting Policy for Mortgage Loans Held-for-Sale	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Accounting Changes [Text Block]	Note 12 – Change in Accounting Policy for Mortgage Loans Held-for-Sale Prior to September 30, 2016, mortgage loans held-for-sale were carried at the lower of cost or market value. During the three months ended September 30, 2016, the Company began to enter into mandatory delivery of a portion of its residential mortgage loans originated for sale in the secondary market. Prior to the three months ended September 30, 2016, all mortgage loans were delivered on a “best efforts” basis. In connection with mandatory delivery, the Company elected to record its mortgage loans held-for-sale at fair value, effective September 30, 2016. The fair value of committed residential loans held-for-sale is determined by outstanding commitments from investors, and the fair value of uncommitted loans is based on the current delivery prices in the secondary mortgage market. At September 30, 2016, the fair value adjustment related to mortgage loans held-for-sale was approximately $154,000, reflecting an equivalent increase in mortgage origination and fee income. To mitigate the interest rate risk associated with mandatory delivery, the Company enters into forward commitments to sell mortgage-backed securities and records the change in fair value of these derivatives through income. During the three months ended September 30, 2016, the Company incurred expense of approximately $89,000 on these forward commitments.

Note 13 - Recently Issued Accou

Note 13 - Recently Issued Accounting Pronouncements	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Note 1 3 – 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 In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.

Note 3 - Net Earnings Per Com22

Note 3 - Net Earnings Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Three Months Ended For the Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Net earnings available to common shareholders $ 4,813 2,490 $ 12,946 6,667 Weighted average common shares outstanding 10,890,860 9,438,541 10,871,245 8,865,944 Dilutive effect of stock options 108,925 61,623 100,334 48,745 Dilutive effect of directors' deferred shares 20,148 8,118 20,072 8,091 Dilutive effect of performance share awards 95,201 86,190 89,095 80,105 Diluted common shares 11,115,134 9,594,472 11,080,746 9,002,885 Basic earnings per common share $ 0.44 0.26 $ 1.19 0.75 Diluted earnings per common share $ 0.43 0.26 $ 1.17 0.74

Note 4 - Securities (Tables)

Note 4 - Securities (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Held-to-maturity Securities [Table Text Block]	Held-to-Maturity Securities Gross Gross Estimated Amortized Unrealized Unrealized Fair September 30, 2016 Cost Gains Losses Value Mortgage-backed securities $ 5,345 79 - 5,424 Municipal securities 21,321 849 - 22,170 Total held-to-maturity securities $ 26,666 928 - 27,594 Gross Gross Estimated Amortized Unrealized Unrealized Fair December 31, 2015 Cost Gains Losses 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 Gross Gross Estimated Amortized Unrealized Unrealized Fair September 30, 2016 Cost Gains Losses Value U.S. Government agency obligations $ 3,687 - 38 3,649 Mortgage-backed securities 41,482 1,268 - 42,750 Other asset-backed securities 24,977 149 18 25,108 Municipal securities 4,407 268 - 4,675 Total available-for-sale securities $ 74,553 1,685 56 76,182 Gross Gross Estimated Amortized Unrealized Unrealized Fair December 31, 2015 Cost Gains Losses 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 Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2015 Value Losses Value Losses Value 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 Fair Unrealized Fair Unrealized Fair Unrealized September 30, 2016 Value Losses Value Losses Value Losses U.S. Government agency obligations $ 3,649 38 - - 3,649 38 Mortgage-backed securities - - - - - - Other asset-backed securities 1,482 18 - - 1,482 18 Municipal securities - - - - - - Total available-for-sale securities $ 5,131 56 - - 5,131 56 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2015 Value Losses Value Losses Value 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 Fair Amortized Fair Cost Value Cost Value Municipal securities: 0 to 5 years $ - - $ - - 5 to 10 years 1,047 1,076 750 774 Over 10 years 3,360 3,599 20,571 21,396 Mortgage-backed securities, other asset- backed securities and U.S. government agency obligations 70,146 71,507 5,345 5,424 Total $ 74,553 76,182 $ 26,666 27,594

Note 5 - Loans, Allowance for24

Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	September 30, 2016 December 31, 2015 Commercial, financial, and agricultural $ 168,189 196,732 Factored commercial receivables 70,066 67,628 Real estate - mortgage 1,007,687 881,556 Real estate - construction 147,111 152,862 Consumer 19,754 21,116 1,412,807 1,319,894 Less: Unearned fees 439 480 Total loans 1,412,368 1,319,414 Allowance for loan losses (11,950 ) (9,842 ) Total net loans $ 1,400,418 1,309,572
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Commercial, Factored financial, and commercial Real estate - Real estate - Balance, September 30, 2016 agricultural receivables mortgage construction Consumer Unallocated Total Balance, beginning of year $ 1,345 500 5,525 1,412 236 824 9,842 Provisions charged to operating expense 3 689 2,501 320 118 (824 ) 2,807 Loans charged off (6 ) (1,769 ) (23 ) - (180 ) - (1,978 ) Recoveries 72 1,080 107 9 11 - 1,279 Balance, September 30, 2016 $ 1,414 500 8,110 1,741 185 - 11,950 Ending balance, individually evaluated for impairment $ - - - - - - - Ending balance, collectively evaluated for impairment $ 1,414 500 8,110 1,741 185 - 11,950 Loans: Individually evaluated for impairment $ - - 184 - 19 - 203 Collectively evaluated for impairment $ 167,981 70,066 998,737 146,831 19,489 - 1,403,104 Acquired loans with deteriorated credit quality $ 208 - 8,766 280 246 - 9,500 Commercial, Factored financial, and commercial Real estate - Real estate - Balance, September 30, 2015 agricultural receivables mortgage construction Consumer Unallocated Total Balance, beginning of year $ 1,523 955 5,047 647 562 1,068 9,802 Provisions charged to operating expense 10 (256 ) 966 121 38 (397 ) 482 Loans charged off (11 ) (1,645 ) (764 ) - (120 ) - (2,540 ) Recoveries 56 1,446 57 83 5 - 1,647 Balance, September 30, 2015 $ 1,578 500 5,306 851 485 671 9,391 Ending balance, individually evaluated for impairment $ - - 223 - - - 223 Ending balance, collectively evaluated for impairment $ 1,578 500 5,083 851 485 671 9,168 Loans: Individually evaluated for impairment $ - - 996 175 78 - 1,249 Collectively evaluated for impairment $ 148,307 74,780 659,634 109,872 16,197 - 1,008,790 Acquired loans with deteriorated credit quality $ 202 - 4,854 327 232 - 5,615
Impaired Financing Receivables [Table Text Block]	Unpaid Average Recorded Principal Related Recorded September 30, 2016 Investment Balance Allowance Investment Impaired loans without related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 184 229 - 165 Real estate - construction - - - 122 Consumer 19 70 - 25 Total $ 203 299 - 312 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 184 229 - 165 Real estate - construction - - - 122 Consumer 19 70 - 25 Total $ 203 299 - 312 Unpaid Average Recorded Principal Related Recorded December 31, 2015 Investment Balance Allowance 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]	30-59 Days 60-89 Days > 90 Days Total September 30, 2016 Past Due Past Due Past Due Past Due Current Total Non-accrual Commercial, financial, and agricultural $ 24 - - 24 168,165 168,189 - Factored commercial receivables 5,142 908 358 6,408 63,658 70,066 - Real estate - mortgage 636 564 2,033 3,233 1,004,454 1,007,687 2,810 Real estate - construction 85 - - 85 147,026 147,111 103 Consumer - - 1 1 19,753 19,754 88 Total $ 5,887 1,472 2,392 9,751 1,403,056 1,412,807 3,001 30-59 Days 60-89 Days > 90 Days Total December 31, 2015 Past Due Past Due Past Due 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]	September 30, 2016 Pass OAEM Substandard Doubtful Total Commercial, financial, and agricultural $ 165,649 968 1,572 - 168,189 Factored commercial receivables 70,066 - - - 70,066 Real estate - mortgage 997,738 2,118 5,039 2,792 1,007,687 Real estate - construction 146,647 - 361 103 147,111 Consumer 19,110 29 528 87 19,754 Total $ 1,399,210 3,115 7,500 2,982 1,412,807 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 Measureme25

Note 6 - Fair Value Measurements and Disclosures (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	September 30, 2016 Level 1 Level 2 Level 3 Total U.S. Government agency obligations $ - 3,649 - 3,649 Mortgage-backed securities - 42,750 - 42,750 Municipal securities - 4,675 - 4,675 Other asset-backed securities - 25,108 - 25,108 Total investment securities available-for-sale $ - 76,182 - 76,182 Mortgage loans held-for-sale $ - 7,810 - 7,810 Derivative assets $ - 921 - 921 Derivative liabilities $ - 1,209 - 1,209 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]	September 30, 2016 Level 1 Level 2 Level 3 Total Other real estate and repossessed assets $ - - 2,160 2,160 Impaired loans - - 3,001 3,001 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]	Carrying Estimated Fair Value September 30, 2016 Amount Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 122,920 122,920 - - Investment securities held-to-maturity 26,666 - 27,594 - Investment securities available-for-sale 76,182 - 76,182 - Other investments 7,715 - 7,715 - Loans, net 1,400,418 - 1,408,179 3,001 Mortgage loans held-for-sale 7,810 - 7,810 - Bank-owned life insurance 27,837 - 27,837 - Derivative assets 921 - 921 - Liabilities: Deposits 1,499,879 - 1,474,781 - Federal Home Loan Bank advances 7,000 - 7,370 - Subordinated debt 24,487 - 25,148 - Derivative liabilities 1,209 - 1,209 - Carrying Estimated Fair Value December 31, 2015 Amount Level 1 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)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Retail and Commercial Mortgage Receivables Elimination Banking Division (1) Factoring Entries (2) Total For the Three Months Ended September 30, 2016 Interest income $ 16,251 145 2,916 (476 ) 18,836 Interest expense 1,898 61 476 (476 ) 1,959 Net interest income 14,353 84 2,440 - 16,877 Provision for loan and lease losses 289 - 84 - 373 Noninterest income 1,791 2,179 32 - 4,002 Noninterest expense 9,590 1,709 1,333 - 12,632 Net earnings before tax and noncontrolling interest 6,265 554 1,055 - 7,874 Income tax expense 2,187 211 241 - 2,639 Noncontrolling interest - - (422 ) - (422 ) Net earnings atributable to National Commerce Corporation $ 4,078 343 392 - 4,813 For the Nine Months Ended September 30, 2016 Interest income $ 47,681 411 8,885 (1,446 ) 55,531 Interest expense 5,174 165 1,446 (1,446 ) 5,339 Net interest income 42,507 246 7,439 - 50,192 Provision for loan and lease losses 2,118 - 689 - 2,807 Noninterest income 4,734 5,673 77 - 10,484 Noninterest expense 28,246 4,758 3,935 - 36,939 Net earnings before tax and noncontrolling interest 16,877 1,161 2,892 - 20,930 Income tax expense 5,706 441 647 - 6,794 Noncontrolling interest - - (1,190 ) - (1,190 ) Net earnings attributable to National Commerce Corporation $ 11,171 720 1,055 - 12,946 Total assets as of September 30, 2016 $ 1,741,047 7,810 92,822 (62,401 ) 1,779,278 For the Three Months Ended September 30, 2015 Interest income $ 10,670 104 3,170 (494 ) 13,450 Interest expense 1,158 33 494 (494 ) 1,191 Net interest income 9,512 71 2,676 - 12,259 Provision for loan and lease losses 310 - (109 ) - 201 Noninterest income 545 1,782 26 - 2,353 Noninterest expense 7,083 1,507 1,305 - 9,895 Net earnings before tax and noncontrolling interest 2,664 346 1,506 - 4,516 Income tax expense 967 131 355 - 1,453 Noncontrolling interest - - (573 ) - (573 ) Net earnings atributable to National Commerce Corporation $ 1,697 215 578 - 2,490 For the Nine Months Ended September 30, 2015 Interest income $ 30,236 301 9,331 (1,511 ) 38,357 Interest expense 3,191 98 1,511 (1,511 ) 3,289 Net interest income 27,045 203 7,820 - 35,068 Provision for loan and lease losses 738 - (256 ) - 482 Noninterest income 1,469 4,799 55 - 6,323 Noninterest expense 20,872 4,001 3,928 - 28,801 Net earnings before tax and noncontrolling interest 6,904 1,001 4,203 - 12,108 Income tax expense 2,452 380 977 - 3,809 Noncontrolling interest - - (1,632 ) - (1,632 ) Net earnings attributable to National Commerce Corporation $ 4,452 621 1,594 - 6,667 Total assets as of September 30, 2015 $ 1,312,449 7,926 96,967 (66,561 ) 1,350,781

Note 8 - Goodwill and Intangi27

Note 8 - Goodwill and Intangibles (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Goodwill [Table Text Block]	Balance, December 31, 2015 $ 50,686 Adjustments to goodwill 62 Balance, September 30, 2016 $ 50,748
Schedule of Finite-Lived Intangible Assets [Table Text Block]	September 30, 2016 December 31, 2015 Gross carrying amount $ 3,315 $ 3,315 Less: accumulated amortization (1,101 ) (527 ) Net carrying amount $ 2,214 $ 2,788

Note 3 - Net Earnings Per Com28

Note 3 - Net Earnings Per Common Share (Details Textual) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	100,459	102,297	101,680	102,297

Note 3 - Net Earnings Per Com29

Note 3 - Net Earnings Per Common Share - Components of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Net earnings	$ 4,813	$ 2,490	$ 12,946	$ 6,667
Weighted average common shares outstanding (in shares)	10,890,860	9,438,541	10,871,245	8,865,944
Dilutive effect of stock options (in shares)	108,925	61,623	100,334	48,745
Dilutive effect of directors' deferred shares (in shares)	20,148	8,118	20,072	8,091
Dilutive effect of performance share awards (in shares)	95,201	86,190	89,095	80,105
Diluted common shares (in shares)	11,115,134	9,594,472	11,080,746	9,002,885
Basic earnings per common share (in dollars per share)	$ 0.44	$ 0.26	$ 1.19	$ 0.75
Diluted earnings per common share (in dollars per share)	$ 0.43	$ 0.26	$ 1.17	$ 0.74

Note 4 - Securities (Details Te

Note 4 - Securities (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net	$ 0	$ 0	$ 0	$ 0
Proceeds from Sale of Available-for-sale Securities	1,495,000	$ 0	1,495,000	$ 0
Available-for-sale Securities, Gross Realized Gains	$ 365		$ 365

Note 4 - Securities - Amorized

Note 4 - Securities - Amorized Cost and Fair Value of Held-to-maturity Debt Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Collateralized Mortgage Backed Securities [Member]
Held-to-maturity Securities, Amortized Cost	$ 5,345	$ 6,097
Held-to-Maturity Securities, Gross Unrealized Gains	79
Held-to-Maturity Securities, Gross Unrealized Losses		16
Held-to-maturity securities, fair value	5,424	6,081
US States and Political Subdivisions Debt Securities [Member]
Held-to-maturity Securities, Amortized Cost	21,321	21,361
Held-to-Maturity Securities, Gross Unrealized Gains	849	439
Held-to-Maturity Securities, Gross Unrealized Losses		38
Held-to-maturity securities, fair value	22,170	21,762
Held-to-maturity Securities, Amortized Cost	26,666	27,458
Held-to-Maturity Securities, Gross Unrealized Gains	928	439
Held-to-Maturity Securities, Gross Unrealized Losses		54
Held-to-maturity securities, fair value	$ 27,594	$ 27,843

Note 4 - Securities - Amortized

Note 4 - Securities - Amortized Cost and Fair Value of Available-for-sale Debt Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Collateralized Mortgage Backed Securities [Member]
Available-for-Sale Securities, Amortized Cost	$ 41,482	$ 48,155
Available-for-Sale Securities, Gross Unrealized Gains	1,268	758
Available-for-Sale Securities, Gross Unrealized Losses		187
Investment securities available-for-sale	42,750	48,726
US Government Agencies Debt Securities [Member]
Available-for-Sale Securities, Amortized Cost	3,687
Available-for-Sale Securities, Gross Unrealized Gains
Available-for-Sale Securities, Gross Unrealized Losses	38
Investment securities available-for-sale	3,649
US States and Political Subdivisions Debt Securities [Member]
Available-for-Sale Securities, Amortized Cost	4,407	4,407
Available-for-Sale Securities, Gross Unrealized Gains	268	273
Available-for-Sale Securities, Gross Unrealized Losses		1
Investment securities available-for-sale	4,675	4,679
Asset-backed Securities, Securitized Loans and Receivables [Member]
Available-for-Sale Securities, Amortized Cost	24,977
Available-for-Sale Securities, Gross Unrealized Gains	149
Available-for-Sale Securities, Gross Unrealized Losses	18
Investment securities available-for-sale	25,108
Available-for-Sale Securities, Amortized Cost	74,553	52,562
Available-for-Sale Securities, Gross Unrealized Gains	1,685	1,031
Available-for-Sale Securities, Gross Unrealized Losses	56	188
Investment securities available-for-sale	$ 76,182	$ 53,405

Note 4 - Securities - Debt Secu

Note 4 - Securities - Debt Securities with Unrealized Losses (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Collateralized Mortgage Backed Securities [Member]
Held-to-maturity Securities, Less than 12 Months, Fair Value		$ 3,960
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses		16
Held-to-maturity Securities, 12 Months or More, Fair Value
Held-to-maturity Securities, 12 Months or More, Unrealized Losses
Held-to-maturity Securities, Total Fair Value		3,960
Held-to-Maturity Securities, Gross Unrealized Losses		16
Available-for-sale Securities, Less than 12 Months, Fair Value		28,606
Available-for-sale Securities, Less than 12 Months, Unrealized Losses		128
Available-for-sale Securities, 12 Months or More, Fair Value		3,654
Available-for-sale Securities, 12 Months or More, Unrealized Losses		59
Available-for-sale Securities, Total Fair Value		32,260
Available-for-sale Securities, Total Unrealized Losses		187
US Government Agencies Debt Securities [Member]
Available-for-sale Securities, Less than 12 Months, Fair Value	3,649
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	38
Available-for-sale Securities, 12 Months or More, Fair Value
Available-for-sale Securities, 12 Months or More, Unrealized Losses
Available-for-sale Securities, Total Fair Value	3,649
Available-for-sale Securities, Total Unrealized Losses	38
US States and Political Subdivisions Debt Securities [Member]
Held-to-maturity Securities, Less than 12 Months, Fair Value		1,996
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses		38
Held-to-maturity Securities, 12 Months or More, Fair Value
Held-to-maturity Securities, 12 Months or More, Unrealized Losses
Held-to-maturity Securities, Total Fair Value		1,996
Held-to-Maturity Securities, Gross Unrealized Losses		38
Available-for-sale Securities, Less than 12 Months, Fair Value		498
Available-for-sale Securities, Less than 12 Months, Unrealized Losses		1
Available-for-sale Securities, 12 Months or More, Fair Value
Available-for-sale Securities, 12 Months or More, Unrealized Losses
Available-for-sale Securities, Total Fair Value		498
Available-for-sale Securities, Total Unrealized Losses		1
Asset-backed Securities, Securitized Loans and Receivables [Member]
Available-for-sale Securities, Less than 12 Months, Fair Value	1,482
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	18
Available-for-sale Securities, 12 Months or More, Fair Value
Available-for-sale Securities, 12 Months or More, Unrealized Losses
Available-for-sale Securities, Total Fair Value	1,482
Available-for-sale Securities, Total Unrealized Losses	18
Held-to-maturity Securities, Less than 12 Months, Fair Value		5,956
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses		54
Held-to-maturity Securities, 12 Months or More, Fair Value
Held-to-maturity Securities, 12 Months or More, Unrealized Losses
Held-to-maturity Securities, Total Fair Value		5,956
Held-to-Maturity Securities, Gross Unrealized Losses		54
Available-for-sale Securities, Less than 12 Months, Fair Value	5,131	29,104
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	56	129
Available-for-sale Securities, 12 Months or More, Fair Value		3,654
Available-for-sale Securities, 12 Months or More, Unrealized Losses		59
Available-for-sale Securities, Total Fair Value	5,131	32,758
Available-for-sale Securities, Total Unrealized Losses	$ 56	$ 188

Note 4 - Securities - Amortiz34

Note 4 - Securities - Amortized Cost and Estimated Fair Value of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale Securities, Amortized Cost, 0 to 5 years
Available-for-sale Securities, Fair Value, 0 to 5 years
Held-to-maturity Securities, Amortized Cost, 0 to 5 years
Held-to-maturity Securities, Fair Value, 0 to 5 years
Available-for-sale Securities, Amortized Cost, 5 to 10 years	1,047
Available-for-sale Securities, Fair Value, 5 to 10 years	1,076
Held-to-maturity Securities, Amortized Cost, 5 to 10 years	750
Held-to-maturity Securities, Fair Value, 5 to 10 years	774
Available-for-sale Securities, Amortized Cost, Over 10 years	3,360
Available-for-sale Securities, Fair Value, Over 10 years	3,599
Held-to-maturity Securities, Amortized Cost, Over 10 years	20,571
Held-to-maturity Securities, Fair Value, Over 10 years	21,396
Available-for-sale Securities, Amortized Cost	4,407	$ 4,407
Investment securities available-for-sale	4,675	4,679
Held-to-maturity Securities, Amortized Cost	21,321	21,361
Investment securities held-to-maturity	22,170	21,762
Collateralized Mortgage Backed Securities, Asset-backed Securities and US Government Agencies Debt Securities [Member]
Available-for-sale Securities, Amortized Cost	70,146
Investment securities available-for-sale	71,507
Held-to-maturity Securities, Amortized Cost	5,345
Investment securities held-to-maturity	5,424
Available-for-sale Securities, Amortized Cost	74,553	52,562
Investment securities available-for-sale	76,182	53,405
Held-to-maturity Securities, Amortized Cost	26,666	27,458
Investment securities held-to-maturity	$ 27,594	$ 27,843

Note 5 - Loans, Allowance for35

Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Details Textual)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Unpaid Recourse Receivables [Member]
Threshold Period Past Due for Write-off of Financing Receivable	90 days
Non-recourse Receivables [Member]
Threshold Period Past Due for Write-off of Financing Receivable	120 days
Financing Receivable, Modifications, Number of Contracts	0	0

Note 5 - Loans, Allowance for36

Note 5 - Loans, Allowance for Loan Losses and Credit Quality - Summary of Major Classification of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Commercial, Financial and Agricultural Portfolio Segment [Member]
Loans and leases	$ 168,189	$ 196,732
Allowance for loan losses	(1,414)	(1,345)	$ (1,578)	$ (1,523)
Factored Commercial Receivables Portfolio Segment [Member]
Loans and leases	70,066	67,628
Allowance for loan losses	(500)	(500)	(500)	(955)
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans and leases	1,007,687	881,556
Allowance for loan losses	(8,110)	(5,525)	(5,306)	(5,047)
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans and leases	147,111	152,862
Allowance for loan losses	(1,741)	(1,412)	(851)	(647)
Consumer Portfolio Segment [Member]
Loans and leases	19,754	21,116
Allowance for loan losses	(185)	(236)	(485)	(562)
Loans and leases	1,412,807	1,319,894
Less: Unearned fees	439	480
Loans, net of unearned income	1,412,368	1,319,414
Allowance for loan losses	(11,950)	(9,842)	$ (9,391)	$ (9,802)
Total net loans	$ 1,400,418	$ 1,309,572

Note 5 - Loans, Allowance for37

Note 5 - Loans, Allowance for Loan Losses and Credit Quality - Summary of Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Commercial, Financial and Agricultural Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality	$ 208	$ 202
Commercial, Financial and Agricultural Portfolio Segment [Member]
Balance	1,345	1,523
Provisions charged to operating expense	3	10
Loans charged off	(6)	(11)
Recoveries	72	56
Balance	1,414	1,578
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment	1,414	1,578
Loans:
Loans, individually evaluated for impairment
Loans, collectively evaluated for impairment	167,981	148,307
Balance	1,345	1,523
Provisions charged to operating expense	3	10
Loans charged off	(6)	(11)
Recoveries	72	56
Balance	1,414	1,578
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment	1,414	1,578
Factored Commercial Receivables Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality
Factored Commercial Receivables Portfolio Segment [Member]
Balance	500	955
Provisions charged to operating expense	689	(256)
Loans charged off	(1,769)	(1,645)
Recoveries	1,080	1,446
Balance	500	500
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment	500	500
Loans:
Loans, individually evaluated for impairment
Loans, collectively evaluated for impairment	70,066	74,780
Balance	500	955
Provisions charged to operating expense	689	(256)
Loans charged off	(1,769)	(1,645)
Recoveries	1,080	1,446
Balance	500	500
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment	500	500
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality	8,766	4,854
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Balance	5,525	5,047
Provisions charged to operating expense	2,501	966
Loans charged off	(23)	(764)
Recoveries	107	57
Balance	8,110	5,306
Allowance for loan losses, ending balance, individually evaluated for impairment		223
Allowance for loan losses, ending balance, collectively evaluated for impairment	8,110	5,083
Loans:
Loans, individually evaluated for impairment	184	996
Loans, collectively evaluated for impairment	998,737	659,634
Balance	5,525	5,047
Provisions charged to operating expense	2,501	966
Loans charged off	(23)	(764)
Recoveries	107	57
Balance	8,110	5,306
Allowance for loan losses, ending balance, individually evaluated for impairment		223
Allowance for loan losses, ending balance, collectively evaluated for impairment	8,110	5,083
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality	280	327
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Balance	1,412	647
Provisions charged to operating expense	320	121
Loans charged off
Recoveries	9	83
Balance	1,741	851
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment	1,741	851
Loans:
Loans, individually evaluated for impairment		175
Loans, collectively evaluated for impairment	146,831	109,872
Balance	1,412	647
Provisions charged to operating expense	320	121
Loans charged off
Recoveries	9	83
Balance	1,741	851
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment	1,741	851
Consumer Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality	246	232
Consumer Portfolio Segment [Member]
Balance	236	562
Provisions charged to operating expense	118	38
Loans charged off	(180)	(120)
Recoveries	11	5
Balance	185	485
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment	185	485
Loans:
Loans, individually evaluated for impairment	19	78
Loans, collectively evaluated for impairment	19,489	16,197
Balance	236	562
Provisions charged to operating expense	118	38
Loans charged off	(180)	(120)
Recoveries	11	5
Balance	185	485
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment	185	485
Unallocated Financing Receivables [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality
Unallocated Financing Receivables [Member]
Balance	824	1,068
Provisions charged to operating expense	(824)	(397)
Loans charged off
Recoveries
Balance		671
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment		671
Loans:
Loans, individually evaluated for impairment
Loans, collectively evaluated for impairment
Balance	824	1,068
Provisions charged to operating expense	(824)	(397)
Loans charged off
Recoveries
Balance		671
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment		671
Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality	9,500	5,615
Balance	9,842	9,802
Provisions charged to operating expense	2,807	482
Loans charged off	(1,978)	(2,540)
Recoveries	1,279	1,647
Balance	11,950	9,391
Allowance for loan losses, ending balance, individually evaluated for impairment		223
Allowance for loan losses, ending balance, collectively evaluated for impairment	11,950	9,168
Loans, individually evaluated for impairment	203	1,249
Loans, collectively evaluated for impairment	1,403,104	1,008,790
Balance	9,842	9,802
Provisions charged to operating expense	2,807	482
Loans charged off	(1,978)	(2,540)
Recoveries	1,279	1,647
Balance	11,950	9,391
Allowance for loan losses, ending balance, individually evaluated for impairment		223
Allowance for loan losses, ending balance, collectively evaluated for impairment	$ 11,950	$ 9,168

Note 5 - Loans, Allowance for38

Note 5 - Loans, Allowance for Loan Losses and Credit Quality - Summary of Impaired Loans by Class of Loans (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Commercial, Financial and Agricultural Portfolio Segment [Member]
Recorded investment without related allowance
Unpaid principal balance without related allowance
Average recorded investment without related allowance
Recorded investment with related allowance
Unpaid principal balance with related allowance
Related allowance
Average recorded investment with related allowance
Recorded investment
Unpaid principal balance
Average recorded investment
Factored Commercial Receivables Portfolio Segment [Member]
Recorded investment without related allowance
Unpaid principal balance without related allowance
Average recorded investment without related allowance
Recorded investment with related allowance
Unpaid principal balance with related allowance
Related allowance
Average recorded investment with related allowance		653
Recorded investment
Unpaid principal balance
Average recorded investment		653
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Recorded investment without related allowance	184	19
Unpaid principal balance without related allowance	229	55
Average recorded investment without related allowance	165	1,523
Recorded investment with related allowance
Unpaid principal balance with related allowance
Related allowance
Average recorded investment with related allowance		250
Recorded investment	184	19
Unpaid principal balance	229	55
Average recorded investment	165	1,773
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Recorded investment without related allowance		169
Unpaid principal balance without related allowance		178
Average recorded investment without related allowance	122	105
Recorded investment with related allowance
Unpaid principal balance with related allowance
Related allowance
Average recorded investment with related allowance		77
Recorded investment		169
Unpaid principal balance		178
Average recorded investment	122	182
Consumer Portfolio Segment [Member]
Recorded investment without related allowance	19
Unpaid principal balance without related allowance	70
Average recorded investment without related allowance	25	39
Recorded investment with related allowance
Unpaid principal balance with related allowance
Related allowance
Average recorded investment with related allowance
Recorded investment	19
Unpaid principal balance	70
Average recorded investment	25	39
Recorded investment without related allowance	203	188
Unpaid principal balance without related allowance	299	233
Average recorded investment without related allowance	312	1,667
Recorded investment with related allowance
Unpaid principal balance with related allowance
Related allowance
Average recorded investment with related allowance		980
Recorded investment	203	188
Unpaid principal balance	299	233
Average recorded investment	$ 312	$ 2,647

Note 5 - Loans, Allowance for39

Note 5 - Loans, Allowance for Loan Losses and Credit Quality - Summary of Aging of Recorded Investment in Past Due and Non-accrual Loan (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial, Financial and Agricultural Portfolio Segment [Member]
Past Due	$ 24	$ 21
Financing Receivables, 30 to 59 Days Past Due [Member] | Factored Commercial Receivables Portfolio Segment [Member]
Past Due	5,142	5,762
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Past Due	636	1,707
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past Due	85	59
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Past Due		114
Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	5,887	7,663
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial, Financial and Agricultural Portfolio Segment [Member]
Past Due
Financing Receivables, 60 to 89 Days Past Due [Member] | Factored Commercial Receivables Portfolio Segment [Member]
Past Due	908	1,595
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Past Due	564	760
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past Due		88
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Past Due
Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	1,472	2,443
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial, Financial and Agricultural Portfolio Segment [Member]
Past Due
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Factored Commercial Receivables Portfolio Segment [Member]
Past Due	358	252
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Past Due	2,033	911
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past Due
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Past Due	1	34
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	2,392	1,197
Commercial, Financial and Agricultural Portfolio Segment [Member]
Past Due	24	21
Current	168,165	196,711
Loans	168,189	196,732
Impaired loans
Factored Commercial Receivables Portfolio Segment [Member]
Past Due	6,408	7,609
Current	63,658	60,019
Loans	70,066	67,628
Impaired loans
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Past Due	3,233	3,378
Current	1,004,454	878,178
Loans	1,007,687	881,556
Impaired loans	2,810	3,300
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past Due	85	147
Current	147,026	152,715
Loans	147,111	152,862
Impaired loans	103	283
Consumer Portfolio Segment [Member]
Past Due	1	148
Current	19,753	20,968
Loans	19,754	21,116
Impaired loans	88	112
Past Due	9,751	11,303
Current	1,403,056	1,308,591
Loans	1,412,807	1,319,894
Impaired loans	$ 3,001	$ 3,695

Note 5 - Loans, Allowance for40

Note 5 - Loans, Allowance for Loan Losses and Credit Quality - Summary of Risk Category of Loans by Class of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Pass [Member] | Commercial, Financial and Agricultural Portfolio Segment [Member]
Loans	$ 165,649	$ 193,176
Pass [Member] | Factored Commercial Receivables Portfolio Segment [Member]
Loans	70,066	67,628
Pass [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	997,738	870,617
Pass [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	146,647	152,255
Pass [Member] | Consumer Portfolio Segment [Member]
Loans	19,110	20,260
Pass [Member]
Loans	1,399,210	1,303,936
OAEM [Member] | Commercial, Financial and Agricultural Portfolio Segment [Member]
Loans	968	1,509
OAEM [Member] | Factored Commercial Receivables Portfolio Segment [Member]
Loans
OAEM [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	2,118	2,756
OAEM [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans
OAEM [Member] | Consumer Portfolio Segment [Member]
Loans	29	33
OAEM [Member]
Loans	3,115	4,298
Substandard [Member] | Commercial, Financial and Agricultural Portfolio Segment [Member]
Loans	1,572	2,047
Substandard [Member] | Factored Commercial Receivables Portfolio Segment [Member]
Loans
Substandard [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	5,039	4,882
Substandard [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	361	324
Substandard [Member] | Consumer Portfolio Segment [Member]
Loans	528	712
Substandard [Member]
Loans	7,500	7,965
Doubtful [Member] | Commercial, Financial and Agricultural Portfolio Segment [Member]
Loans
Doubtful [Member] | Factored Commercial Receivables Portfolio Segment [Member]
Loans
Doubtful [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	2,792	3,301
Doubtful [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	103	283
Doubtful [Member] | Consumer Portfolio Segment [Member]
Loans	87	111
Doubtful [Member]
Loans	2,982	3,695
Commercial, Financial and Agricultural Portfolio Segment [Member]
Loans	168,189	196,732
Factored Commercial Receivables Portfolio Segment [Member]
Loans	70,066	67,628
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	1,007,687	881,556
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	147,111	152,862
Consumer Portfolio Segment [Member]
Loans	19,754	21,116
Loans	$ 1,412,807	$ 1,319,894

Note 6 - Fair Value Measureme41

Note 6 - Fair Value Measurements and Disclosures - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Inputs, Level 1 [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale
Fair Value, Inputs, Level 1 [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale
Fair Value, Inputs, Level 1 [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale
Fair Value, Inputs, Level 1 [Member] | Asset-backed Securities, Securitized Loans and Receivables [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale
Mortgage loans held-for-sale
Derivative assets
Derivative liabilities
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	3,649
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	42,750	48,726
Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	4,675	4,679
Fair Value, Inputs, Level 2 [Member] | Asset-backed Securities, Securitized Loans and Receivables [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	25,108
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	76,182	53,405
Mortgage loans held-for-sale	7,810
Derivative assets	921	258
Derivative liabilities	1,209	518
Fair Value, Inputs, Level 3 [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale
Fair Value, Inputs, Level 3 [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale
Fair Value, Inputs, Level 3 [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale
Fair Value, Inputs, Level 3 [Member] | Asset-backed Securities, Securitized Loans and Receivables [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale
Mortgage loans held-for-sale
Derivative assets
Derivative liabilities
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	3,649
US Government Agencies Debt Securities [Member]
Investment securities available-for-sale	3,649
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	42,750	48,726
Collateralized Mortgage Backed Securities [Member]
Investment securities available-for-sale	42,750	48,726
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	4,675	4,679
US States and Political Subdivisions Debt Securities [Member]
Investment securities available-for-sale	4,675	4,679
Asset-backed Securities, Securitized Loans and Receivables [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	25,108
Asset-backed Securities, Securitized Loans and Receivables [Member]
Investment securities available-for-sale	25,108
Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	76,182	53,405
Mortgage loans held-for-sale	7,810
Derivative assets	921	258
Derivative liabilities	1,209	518
Investment securities available-for-sale	$ 76,182	$ 53,405

Note 6 - Fair Value Measureme42

Note 6 - Fair Value Measurements and Disclosures - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Other real estate and repossessed assets
Impaired loans
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Other real estate and repossessed assets
Impaired loans
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Other real estate and repossessed assets	2,160	3,965
Impaired loans	3,001	3,695
Fair Value, Measurements, Nonrecurring [Member]
Other real estate and repossessed assets	2,160	3,965
Impaired loans	3,001	3,695
Impaired loans	$ 3,001	$ 3,695

Note 6 - Fair Value Measureme43

Note 6 - Fair Value Measurements and Disclosures - Carrying Amounts and Estimated Fair Values of the Company's Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Reported Value Measurement [Member]
Cash and cash equivalents	$ 122,920	$ 212,457
Investment securities held-to-maturity	26,666	27,458
Investment securities available-for-sale	76,182	53,405
Other investments	7,715	6,235
Loans, net	1,400,418	1,309,572
Mortgage loans held-for-sale	7,810	15,020
Bank-owned life insurance	27,837	27,223
Derivative assets	921	258
Deposits	1,499,879	1,514,458
Federal Home Loan Bank advances	7,000	22,000
Subordinated debt	24,487
Derivative liabilities	1,209	518
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	122,920	212,457
Investment securities held-to-maturity
Investment securities available-for-sale
Other investments
Loans, net
Mortgage loans held-for-sale
Bank-owned life insurance
Derivative assets
Deposits
Federal Home Loan Bank advances
Subordinated debt
Derivative liabilities
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and cash equivalents
Investment securities held-to-maturity	27,594	27,843
Investment securities available-for-sale	76,182	53,405
Other investments	7,715	6,235
Loans, net	1,408,179	1,309,547
Mortgage loans held-for-sale	7,810	15,020
Bank-owned life insurance	27,837	27,223
Derivative assets	921	258
Deposits	1,474,781	1,479,746
Federal Home Loan Bank advances	7,370	22,405
Subordinated debt	25,148
Derivative liabilities	1,209	518
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and cash equivalents
Investment securities held-to-maturity
Investment securities available-for-sale
Other investments
Loans, net	3,001	3,695
Mortgage loans held-for-sale
Bank-owned life insurance
Derivative assets
Deposits
Federal Home Loan Bank advances
Subordinated debt
Derivative liabilities
Investment securities held-to-maturity	27,594	27,843
Investment securities available-for-sale	$ 76,182	$ 53,405

Note 7 - Segment Reporting (Det

Note 7 - Segment Reporting (Details Textual)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Funding Costs of Federals Funds, Percentage	2.50%	2.50%
Number of Reportable Segments	3

Note 7 - Segment Reporting - Re

Note 7 - Segment Reporting - Reconciliation of Reportable Segment Revenue, Expenses and Profit (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Operating Segments [Member] | Retail and Commercial Banking [Member]
Interest income		$ 16,251	$ 10,670	$ 47,681	$ 30,236
Interest expense		1,898	1,158	5,174	3,191
Net interest income		14,353	9,512	42,507	27,045
Provision for loan and lease losses		289	310	2,118	738
Noninterest income		1,791	545	4,734	1,469
Noninterest expense		9,590	7,083	28,246	20,872
Earnings before income taxes		6,265	2,664	16,877	6,904
Income tax expense		2,187	967	5,706	2,452
Noncontrolling interest
Net earnings atributable to National Commerce Corporation		4,078	1,697	11,171	4,452
Total assets		1,741,047	1,312,449	1,741,047	1,312,449
Operating Segments [Member] | Mortgage Division [Member]
Interest income	[1]	145	104	411	301
Interest expense	[1]	61	33	165	98
Net interest income	[1]	84	71	246	203
Provision for loan and lease losses	[1]
Noninterest income	[1]	2,179	1,782	5,673	4,799
Noninterest expense	[1]	1,709	1,507	4,758	4,001
Earnings before income taxes	[1]	554	346	1,161	1,001
Income tax expense	[1]	211	131	441	380
Noncontrolling interest	[1]
Net earnings atributable to National Commerce Corporation	[1]	343	215	720	621
Total assets	[1]	7,810	7,926	7,810	7,926
Operating Segments [Member] | Receivables Factoring [Member]
Interest income		2,916	3,170	8,885	9,331
Interest expense		476	494	1,446	1,511
Net interest income		2,440	2,676	7,439	7,820
Provision for loan and lease losses		84	(109)	689	(256)
Noninterest income		32	26	77	55
Noninterest expense		1,333	1,305	3,935	3,928
Earnings before income taxes		1,055	1,506	2,892	4,203
Income tax expense		241	355	647	977
Noncontrolling interest		(422)	(573)	(1,190)	(1,632)
Net earnings atributable to National Commerce Corporation		392	578	1,055	1,594
Total assets		92,822	96,967	92,822	96,967
Intersegment Eliminations [Member]
Interest income	[2]	(476)	(494)	(1,446)	(1,511)
Interest expense	[2]	(476)	(494)	(1,446)	(1,511)
Net interest income	[2]
Provision for loan and lease losses	[2]
Noninterest income	[2]
Noninterest expense	[2]
Earnings before income taxes	[2]
Income tax expense	[2]
Noncontrolling interest	[2]
Net earnings atributable to National Commerce Corporation	[2]
Total assets	[2]	(62,401)	(66,561)	(62,401)	(66,561)
Interest income		18,836	13,450	55,531	38,357
Interest expense		1,959	1,191	5,339	3,289
Net interest income		16,877	12,259	50,192	35,068
Provision for loan and lease losses		373	201	2,807	482
Noninterest income		4,002	2,353	10,484	6,323
Noninterest expense		12,632	9,895	36,939	28,801
Earnings before income taxes		7,874	4,516	20,930	12,108
Income tax expense		2,639	1,453	6,794	3,809
Noncontrolling interest		(422)	(573)	(1,190)	(1,632)
Net earnings atributable to National Commerce Corporation		4,813	2,490	12,946	6,667
Total assets		$ 1,779,278	$ 1,350,781	$ 1,779,278	$ 1,350,781	$ 1,763,369
[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 Intangi46

Note 8 - Goodwill and Intangibles (Details Textual)	9 Months Ended
	Sep. 30, 2016USD ($)
Reunion Bank of Florida [Member]
Goodwill, Period Increase (Decrease)	$ 62,000
Goodwill, Period Increase (Decrease)	$ 62,000

Note 8 Goodwill and Intangibles

Note 8 Goodwill and Intangibles - Changes in Carrying Amount of Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)
Balance	$ 50,686
Adjustments to goodwill	62
Balance	$ 50,748

Note 8 - Goodwill and Intangi48

Note 8 - Goodwill and Intangibles - Core Deposit Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Core Deposits [Member]
Gross carrying amount	$ 3,315	$ 3,315
Less: accumulated amortization	(1,101)	(527)
Net carrying amount	2,214	2,788
Net carrying amount	$ 2,214	$ 2,788

Note 9 - Cash and Cash Equiva49

Note 9 - Cash and Cash Equivalents (Details Textual) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Federal Funds Sold Period	1 day
Payments to Acquire Federal Reserve Bank Stock	$ 1,321,000	$ 12,218,000

Note 10 - Subordinated Debt (De

Note 10 - Subordinated Debt (Details Textual) - USD ($) $ in Thousands	Jun. 01, 2021	May 19, 2016	Sep. 30, 2016	Sep. 30, 2015
Subordinated Debt [Member] | London Interbank Offered Rate (LIBOR) [Member] | Scenario, Forecast [Member]
Debt Instrument, Basis Spread on Variable Rate	4.79%
Subordinated Debt [Member]
Debt Instrument, Interest Rate, Stated Percentage		6.00%
Proceeds from Issuance of Subordinated Long-term Debt		$ 25,000
Payments of Debt Issuance Costs		$ 533	$ 533

Note 11 - Acquisition (Details

Note 11 - Acquisition (Details Textual) - Acquisition of Private Bancshares [Member] - USD ($)	3 Months Ended
	Mar. 31, 2017	Aug. 31, 2016
Scenario, Forecast [Member] | Maximum [Member]
Payments to Acquire Businesses, Gross	$ 8,320,766
Scenario, Forecast [Member]
Payments to Acquire Businesses, Gross, Including Option to Increase	$ 11,094,354
Business Acquisition, Number of Shares of Acquiring Entity for Each Share of Acquired Entity		0.85417
Business Acquisition, Share Price		$ 20.50

Note 12 - Change in Accountin52

Note 12 - Change in Accounting Policy for Mortgage Loans Held-for-Sale (Details Textual) - USD ($)	Sep. 30, 2016	Sep. 30, 2016
Mortgage Loans Held-for-sale [Member]
Assets, Fair Value Adjustment	$ 154,000
Derivative, Cost of Hedge		$ 89,000