National Commerce 10-Q 10 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 09, 2017
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)		12,964,153
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false

Unaudited Consolidated Balance

Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 40,237	$ 35,897
Interest-bearing deposits with banks	278,493	181,396
Cash and cash equivalents	318,730	217,293
Investment securities held-to-maturity (fair value of $25,823 and $25,894 at March 31, 2017 and December 31, 2016, respectively)	26,057	26,329
Investment securities available-for-sale	72,333	73,380
Other investments	8,338	7,879
Mortgage loans held-for-sale	19,517	15,373
Loans, net of unearned income	1,814,735	1,485,484
Less: allowance for loan losses	12,565	12,113
Loans, net	1,802,170	1,473,371
Premises and equipment, net	35,148	31,884
Accrued interest receivable	4,790	4,129
Bank-owned life insurance	31,544	28,034
Other real estate	1,849	2,068
Deferred tax assets, net	14,842	13,486
Goodwill	98,856	50,771
Core deposit intangible, net	4,663	2,032
Other assets	6,312	4,755
Total assets	2,445,149	1,950,784
Liabilities and Shareholders’ Equity
Noninterest-bearing demand	617,851	429,030
Interest-bearing demand	345,602	262,261
Savings and money market	820,206	703,289
Time	296,648	273,130
Total deposits	2,080,307	1,667,710
Federal Home Loan Bank advances	7,000	7,000
Subordinated debt	24,513	24,500
Accrued interest payable	860	829
Other liabilities	15,047	13,701
Total liabilities	2,127,727	1,713,740
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, 12,948,778 and 10,934,541 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively	129	109
Additional paid-in capital	279,618	205,372
Retained earnings	29,924	24,005
Accumulated other comprehensive income	324	249
Total shareholders' equity attributable to National Commerce Corporation	309,995	229,735
Noncontrolling interest	7,427	7,309
Total shareholders' equity	317,422	237,044
Total liabilities and shareholders' equity	$ 2,445,149	$ 1,950,784

Unaudited Consolidated Balance3

Unaudited Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Held-to-maturity securities, fair value	$ 25,823	$ 25,894
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)	12,948,778	10,934,541
Common stock, shares outstanding (in shares)	12,948,778	10,934,541

Unaudited Consolidated Statemen

Unaudited Consolidated Statements of Earnings - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest and dividend income:
Interest and fees on loans	$ 23,593	$ 17,483
Interest and dividends on taxable investment securities	571	412
Interest on non-taxable investment securities	200	200
Interest on interest-bearing deposits and federal funds sold	535	218
Total interest income	24,899	18,313
Interest expense:
Interest on deposits	2,010	1,569
Interest on borrowings	71	81
Interest on subordinated debt	388
Total interest expense	2,469	1,650
Net interest income	22,430	16,663
Provision for loan losses	156	1,533
Net interest income after provision for loan losses	22,274	15,130
Other income:
Service charges and fees on deposit accounts	667	480
Mortgage origination and fee income	3,145	1,392
Merchant sponsorship revenue	744	522
Income from bank-owned life insurance	216	204
Wealth management fees	10	13
(Loss) gain on other real estate	(1)	156
Other	659	358
Total other income	5,440	3,125
Other expense:
Salaries and employee benefits	10,073	6,945
Commission-based compensation	1,723	875
Occupancy and equipment	1,473	1,135
Core deposit intangible amortization	348	191
Other	4,844	2,907
Total other expense	18,461	12,053
Earnings before income taxes	9,253	6,202
Income tax expense	2,841	2,083
Net earnings	6,412	4,119
Less: Net earnings attributable to noncontrolling interest	493	340
Net earnings attributable to National Commerce Corporation	$ 5,919	$ 3,779
Basic earnings per common share (in dollars per share)	$ 0.46	$ 0.35
Diluted earnings per common share (in dollars per share)	$ 0.45	$ 0.34

Unaudited Consolidated Stateme5

Unaudited Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net earnings available to common shareholders	$ 5,919	$ 3,779
Other comprehensive income, net of tax:
Unrealized gains on investment securities available-for-sale: Unrealized gains arising during the period, net of tax of $40 and $143, respectively	75	266
Other comprehensive income	75	266
Comprehensive income	$ 5,994	$ 4,045

Unaudited Consolidated Stateme6

Unaudited Consolidated Statements of Comprehensive Income (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Unrecognized gain (loss) during period, tax	$ 40	$ 143

Unaudited Consolidated Stateme7

Unaudited Consolidated Statements of Changes in Shareholders' Equity - 3 months ended Mar. 31, 2017 - 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, 2016	$ 109	$ 205,372	$ 24,005	$ 249	$ 7,309	$ 237,044
Share-based compensation expense		414				414
Net earnings available to common shareholders			5,919			5,919
Exercise of stock options and issuance of performance shares	2	2,419				2,421
Less: Net earnings attributable to noncontrolling interest					493	493
Distributions paid to noncontrolling interest					(375)	(375)
Acquisition of Private Bancshares, Inc., net of offering expenses of $138	18	71,413				71,431
Change in unrealized gain/loss on securities available-for-sale, net of tax				75		75
Balance at Mar. 31, 2017	$ 129	$ 279,618	$ 29,924	$ 324	$ 7,427	$ 317,422

Unaudited Consolidated Stateme8

Unaudited Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net earnings available to common shareholders	$ 5,919	$ 3,779
Adjustments to reconcile net earnings to net cash provided by operating activities:
Provision for loan losses	156	1,533
Less: Net earnings attributable to noncontrolling interest	493	340
Depreciation, amortization, and accretion	35	138
Gain on ineffective portion of fair value hedge derivative	(16)	(28)
Change in mortgage loan derivative	(398)	(97)
Excess tax benefit from share-based compensation	(286)
Share-based compensation expense	414	263
Income from bank-owned life insurance	(216)	(204)
Loss (gain) on other real estate	1	(156)
Other real estate non-cash write-downs	219
Change in (net of effect of business combinations):
Mortgage loans held-for-sale	20,484	2,491
Other assets and accrued interest receivable	682	784
Other liabilities and accrued interest payable	(1,188)	(998)
Net cash provided by operating activities	26,299	7,845
Cash flows from investing activities (net of effect of business combinations):
Proceeds from calls, maturities, and paydowns of securities available-for-sale	11,330	1,826
Proceeds from calls, maturities, and paydowns of securities held-to-maturity	238	147
Proceeds from sale of securities available-for-sale	9,718
Purchases of securities available-for-sale	(10,242)	(3,766)
Proceeds from sale of other investments		693
Purchases of other investments	(206)	(564)
Net cash received in acquisition	9,471
Net change in loans	(68,034)	(63,698)
Proceeds from sale of other real estate	19	1,237
Proceeds from the sale of premises and equipment	18
Purchases of premises and equipment	(3,300)	(872)
Net cash used by investing activities	(50,988)	(64,997)
Cash flows from financing activities (net of effect of business combinations):
Net change in deposits	124,218	(16,216)
Repayment of Federal Home Loan Bank advances		(15,000)
Cash distribution paid to noncontrolling interests	(375)	(437)
Stock offering expenses related to acquisition	(138)
Proceeds from exercise of options and warrants	2,421	201
Net cash provided by financing activities	126,126	(31,452)
Net change in cash and cash equivalents	101,437	(88,604)
Cash and cash equivalents at beginning of the period	217,293	212,457
Cash and cash equivalents at end of the period	318,730	123,853
Interest	2,470	1,633
Income taxes
Non-cash investing and financing activities:
Change in unrealized (losses) gains on securities available-for-sale, net of tax	75	266
Transfer of loans to other real estate	20
Assets acquired and liabilities assumed in acquisitions:
Assets acquired in acquisitions	323,246
Liabilities assumed in acquisitions	291,440
Tax benefit resulting from exercise of stock options

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note 1 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”). 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. The Bank currently operates seven ten two 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, 2016, 10 December 31, 2016. 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 may may

Note 2 - Reclassifications

Note 2 - Reclassifications	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Reclassifications [Text Block]	Note 2 – Reclassifications Certain prior period amounts have been reclassified to conform to the presentation used in 2017.

Note 3 - Net Earnings Per Commo

Note 3 - Net Earnings Per Common Share	3 Months Ended
	Mar. 31, 2017
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 sum of potential common shares that are dilutive plus 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. For the three March 31, 2017, no 102,297 three March 31, 2016. The reconciliation of the components of the basic and diluted earnings per share is as follows. 2017 2016 Net earnings available to common shareholders $ 5,919 3,779 Weighted average common shares outstanding 12,901,040 10,855,871 Dilutive effect of stock options 221,650 94,614 Dilutive effect of directors' deferred shares 28,209 12,326 Dilutive effect of performance share awards 132,176 76,397 Diluted common shares 13,283,075 11,039,208 Basic earnings per common share $ 0.46 0.35 Diluted earnings per common share $ 0.45 0.34

Note 4 - Securities

Note 4 - Securities	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 December 31, 2016 Held-to-Maturity Securities Gross Gross Estimated Amortized Unrealized Unrealized Fair March 31, 2017 Cost Gains Losses Value Mortgage-backed securities $ 4,763 1 16 4,748 Municipal securities 21,294 43 262 21,075 Total held-to-maturity securities $ 26,057 44 278 25,823 Gross Gross Estimated Amortized Unrealized Unrealized Fair December 31, 2016 Cost Gains Losses Value Mortgage-backed securities $ 5,021 2 29 4,994 Municipal securities 21,308 25 433 20,900 Total held-to-maturity securities $ 26,329 27 462 25,894 Available-for-Sale Securities Gross Gross Estimated Amortized Unrealized Unrealized Fair March 31, 2017 Cost Gains Losses Value U.S. government agency obligations $ 3,620 - 36 3,584 Mortgage-backed securities 37,062 455 193 37,324 Other asset-backed securities 26,746 134 3 26,877 Municipal securities 4,406 146 4 4,548 Total available-for-sale securities $ 71,834 735 236 72,333 Gross Gross Estimated Amortized Unrealized Unrealized Fair December 31, 2016 Cost Gains Losses Value U.S. government agency obligations $ 3,653 - 36 3,617 Mortgage-backed securities 38,946 458 256 39,148 Other asset-backed securities 25,991 113 12 26,092 Municipal securities 4,406 148 31 4,523 Total available-for-sale securities $ 72,996 719 335 73,380 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) (2) (3) Details concerning the Company’s debt securities with unrealized losses as of March 31, 2017 December 31, 2016 Held-to-Maturity Securities Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized March 31, 2017 Value Losses Value Losses Value Losses Mortgage-backed securities $ 3,145 16 - - 3,145 16 Municipal securities 14,396 262 - - 14,396 262 Total held-to-maturity securities $ 17,541 278 - - 17,541 278 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2016 Value Losses Value Losses Value Losses Mortgage-backed securities $ 3,286 29 - - 3,286 29 Municipal securities 17,542 433 - - 17,542 433 Total held-to-maturity securities $ 20,828 462 - - 20,828 462 Available-for-Sale Securities Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized March 31, 2017 Value Losses Value Losses Value Losses U.S. government agency obligations $ - - 3,584 36 3,584 36 Mortgage-backed securities 14,340 193 - - 14,340 193 Other asset-backed securities 3,997 3 - - 3,997 3 Municipal securities 978 4 - - 978 4 Total available-for-sale securities $ 19,315 200 3,584 36 22,899 236 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2016 Value Losses Value Losses Value Losses U.S. government agency obligations $ 3,617 36 - - 3,617 36 Mortgage-backed securities 18,606 256 - - 18,606 256 Other asset-backed securities 2,488 12 - - 2,488 12 Municipal securities 951 31 - - 951 31 Total available-for-sale securities $ 25,662 335 - - 25,662 335 As of March 31, 2017, no three March 31, 2017 2016. During the three March 31, 2017 2016, not The amortized cost and estimated fair value of debt securities at March 31, 2017, Available-for-Sale Securities Held-to-Maturity Securities Amortized Fair Amortized Fair Cost Value Cost Value Municipal securities and U.S. Government agencies: 0 to 5 years $ - - $ - $ - 5 to 10 years 1,046 1,060 750 752 Over 10 years 6,980 7,072 20,544 20,323 Mortgage-backed securities and other asset-backed securities 63,808 64,201 4,763 4,748 Total $ 71,834 72,333 26,057 25,823

Note 5 - Loans, Allowance for L

Note 5 - Loans, Allowance for Loan Losses and Credit Quality	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 5 Major classifications of loans at March 31, 2017 December 31, 2016 March 31, 2017 December 31, 2016 Commercial, financial, and agricultural $ 216,471 170,985 Factored commercial receivables 99,317 83,901 Real estate - mortgage 1,242,430 1,056,214 Real estate - construction 234,861 155,813 Consumer 22,313 19,060 1,815,392 1,485,973 Less: Unearned fees (657 ) (489 ) Total loans 1,814,735 1,485,484 Allowance for loan losses (12,565 ) (12,113 ) Total net loans $ 1,802,170 1,473,371 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 predominantly from transportation companies and automotive parts and service providers nationwide and occasionally purchases receivables from manufacturing and other type companies. 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 at acquisition, 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 - March 31, 2017 agricultural receivables mortgage construction Consumer Unallocated Total Balance, beginning of year $ 1,588 500 8,465 1,369 191 - 12,113 Provisions charged to operating expense (455 ) 82 77 439 13 - 156 Loans charged off (1 ) (630 ) - - (30 ) - (661 ) Recoveries 403 548 4 - 2 - 957 Balance, March 31, 2017 $ 1,535 500 8,546 1,808 176 - 12,565 Ending balance, individually evaluated for impairment $ - - 44 - - - 44 Ending balance, collectively evaluated for impairment 1,535 500 8,502 1,808 176 - 12,521 Total allowance for loan losses $ 1,535 500 8,546 1,808 176 - 12,565 Loans: Individually evaluated for impairment $ - - 179 - 26 - 205 Collectively evaluated for impairment 215,842 99,317 1,224,828 233,136 22,052 - 1,795,175 Acquired loans with deteriorated credit quality 629 - 17,423 1,725 235 - 20,012 Total loans $ 216,471 99,317 1,242,430 234,861 22,313 - 1,815,392 Commercial, Factored financial, and commercial Real estate - Real estate - March 31, 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 443 488 923 549 (46 ) (824 ) 1,533 Loans charged off (1 ) (888 ) - - (27 ) - (916 ) Recoveries 14 400 47 3 4 - 468 Balance, March 31, 2016 $ 1,801 500 6,495 1,964 167 - 10,927 Ending balance, individually evaluated for impairment $ - - - - - - - Ending balance, collectively evaluated for impairment 1,801 500 6,495 1,964 167 - 10,927 Total allowance for loan losses $ 1,801 500 6,495 1,964 167 - 10,927 Loans: Individually evaluated for impairment $ - - 196 162 56 - 414 Collectively evaluated for impairment 192,096 74,248 921,609 166,120 19,364 - 1,373,437 Acquired loans with deteriorated credit quality 311 - 9,216 432 246 - 10,205 Total loans $ 192,407 74,248 931,021 166,714 19,666 - 1,384,056 The Company individually evaluates for impairment all loans that are on non-accrual status. Additionally, any 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 three March 31, 2017 2016, not The following tables present impaired loans by class of loans as of March 31, 2017 December 31, 2016. Unpaid Average Recorded Principal Related Recorded March 31, 2017 Investment Balance Allowance Investment Impaired loans without related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 135 138 - 158 Real estate - construction - - - - Consumer 26 96 - 17 Total $ 161 234 - 175 Impaired loans with related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 44 44 44 22 Real estate - construction - - - - Consumer - - - - Total $ 44 44 44 22 Total impaired loans: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 179 182 44 180 Real estate - construction - - - - Consumer 26 96 - 17 Total $ 205 278 44 197 Unpaid Average Recorded Principal Related Recorded December 31, 2016 Investment Balance Allowance Investment Impaired loans without related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 180 213 - 168 Real estate - construction - - - 97 Consumer 7 42 - 31 Total $ 187 255 - 296 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 180 213 - 168 Real estate - construction - - - 97 Consumer 7 42 - 31 Total $ 187 255 - 296 For the three March 31, 2017 2016, The following tables present the aging of the recorded investment in past due loans and non-accrual loan balances as of March 31, 2017 December 31, 2016, 90 90 120 30-59 Days 60-89 Days > 90 Days Total March 31, 2017 Past Due Past Due Past Due Past Due Current Total Non-accrual Commercial, financial, and agricultural $ - - - - 216,471 216,471 - Factored commercial receivables 5,329 1,752 538 7,619 91,698 99,317 - Real estate - mortgage 853 52 2,288 3,193 1,239,237 1,242,430 2,884 Real estate - construction - - - - 234,861 234,861 94 Consumer 80 - 20 100 22,213 22,313 39 Total $ 6,262 1,804 2,846 10,912 1,804,480 1,815,392 3,017 30-59 Days 60-89 Days > 90 Days Total December 31, 2016 Past Due Past Due Past Due Past Due Current Total Non-accrual Commercial, financial, and agricultural $ 13 - - 13 170,972 170,985 - Factored commercial receivables 5,947 1,383 581 7,911 75,990 83,901 - Real estate - mortgage 440 392 2,075 2,907 1,053,307 1,056,214 2,718 Real estate - construction - - - - 155,813 155,813 98 Consumer 68 - - 68 18,992 19,060 21 Total $ 6,468 1,775 2,656 10,899 1,475,074 1,485,973 2,837 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”): may Substandard: may may Doubtful: secondary Loss: Loans not meeting the criteria above that are analyzed individually as part of the above-described process are considered to be Pass rated loans. As of March 31, 2017 December 31, 2016, March 31, 2017 Pass OAEM Substandard Doubtful Total Commercial, financial, and agricultural $ 213,036 1,809 1,626 - 216,471 Factored commercial receivables 99,317 - - - 99,317 Real estate - mortgage 1,225,276 2,895 11,600 2,659 1,242,430 Real estate - construction 233,062 - 1,705 94 234,861 Consumer 21,750 25 499 39 22,313 Total $ 1,792,441 4,729 15,430 2,792 1,815,392 December 31, 2016 Pass OAEM Substandard Doubtful Total Commercial, financial, and agricultural $ 168,004 1,422 1,559 - 170,985 Factored commercial receivables 83,901 - - - 83,901 Real estate - mortgage 1,047,797 2,163 3,586 2,668 1,056,214 Real estate - construction 155,583 - 132 98 155,813 Consumer 18,499 26 514 21 19,060 Total $ 1,473,784 3,611 5,791 2,787 1,485,973 The March 31, 2017 March 31, 2017.

Note 6 - Fair Value Measurement

Note 6 - Fair Value Measurements and Disclosures	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 6 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 Fair Value Hierarchy The Company groups assets and liabilities at fair value in three Level 1 Level 2 Level 3 one 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 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 2 3 The fair value of securities held-to-maturity is estimated using the same measurement techniques as securities available-for-sale. 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 three March 31, 2017 December 31, 2016, 2. 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 Mortgage loans held-for-sale are carried 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 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. 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 3 March 31, 2017 December 31, 2016, 2 Commitments to Extend Credit and Standby Letters of Credit Because commitments to extend credit and standby letters of credit are generally short-term and made using variable rates, the carrying value and estimated fair value associated with these instruments are immaterial. Assets and Liabilities Recorded at Fair Value on a Recurring Basis The table below presents the recorded amount of assets and liabilities measured at fair value on a recurring basis as of March 31, 2017 December 31, 2016. March 31, 2017 Level 1 Level 2 Level 3 Total U.S. government agency obligations $ - 3,584 - 3,584 Mortgage-backed securities - 37,324 - 37,324 Municipal securities - 4,548 - 4,548 Other asset-backed securities - 26,877 - 26,877 Total investment securities available-for-sale $ - 72,333 - 72,333 Mortgage loans held-for-sale $ - 19,517 - 19,517 Derivative assets $ - 1,072 - 1,072 Derivative liabilities $ - 574 - 574 December 31, 2016 Level 1 Level 2 Level 3 Total U.S. government agency obligations $ - 3,617 - 3,617 Mortgage-backed securities - 39,148 - 39,148 Municipal securities - 4,523 - 4,523 Other asset-backed securities - 26,092 - 26,092 Total investment securities available-for-sale - 73,380 - 73,380 Mortgage loans held-for-sale $ - 15,373 - 15,373 Derivative assets $ - 427 - 427 Derivative liabilities $ - 366 - 366 Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis The Company may March 31, 2017 December 31, 2016. March 31, 2017 Level 1 Level 2 Level 3 Total Other real estate $ - - 1,849 1,849 Non-accrual loans - - 3,017 3,017 December 31, 2016 Level 1 Level 2 Level 3 Total Other real estate $ - - 2,068 2,068 Non-accrual loans - - 2,837 2,837 The carrying amounts and estimated fair values of the Company’s financial instruments at March 31, 2017 December 31, 2016 Carrying Estimated Fair Value March 31, 2017 Amount Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 318,730 318,730 - - Investment securities held-to-maturity 26,057 - 25,823 - Investment securities available-for-sale 72,333 - 72,333 - Other investments 8,338 - 8,338 - Loans, net 1,802,170 - 1,796,433 3,017 Mortgage loans held-for-sale 19,517 - 19,517 - Bank-owned life insurance 31,544 - 31,544 - Derivative assets 1,072 - 1,072 - Liabilities: Deposits 2,080,307 - 1,981,452 - Federal Home Loan Bank advances 7,000 - 7,229 - Subordinated debt 24,513 - 23,907 - Derivative liabilities 574 - 574 - Carrying Estimated Fair Value December 31, 2016 Amount Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 217,293 217,293 - - Investment securities held-to-maturity 26,329 - 25,894 - Investment securities available-for-sale 73,380 - 73,380 - Other investments 7,879 - 7,879 - Loans, net 1,473,371 - 1,470,491 2,837 Mortgage loans held-for-sale 15,373 - 15,373 - Bank-owned life insurance 28,034 - 28,034 - Derivative assets 427 - 427 - Liabilities: Deposits 1,667,710 - 1,616,266 - Federal Home Loan Bank advances 7,000 - 7,247 - Subordinated debt 24,500 - 22,794 - Derivative liabilities 366 - 366 - The inputs used to determine the fair value of other real estate include market conditions, estimated holding period, underlying collateral characteristics and discount rates. The inputs used to determine the fair value of impaired loans include market conditions, loan term, estimated holding period, underlying collateral characteristics and discount rates. For the three March 31, 2017, The following table shows the significant unobservable inputs used in the fair value measurement of Level 3 March 31, 2017 Fair Value Valuation Technique Unobservable Inputs Range of Discounts Weighted Average Discounts Other real estate $ 1,849 Third party appraisals, sales contracts, broker price opinions Collateral discounts and estimated costs to sell 11% - 35% 11 % Non-accrual loans 3,017 Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 100% 34 % December 31, 2016 Other real estate $ 2,068 Third party appraisals, sales contracts, broker price opinions Collateral discounts and estimated costs to sell 11% - 35% 11 % Non-accrual loans 2,837 Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 100% 33 % 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 Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Significant assets and liabilities that are not considered financial instruments include mortgage banking operations, deferred income taxes, and premises and equipment. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates.

Note 7 - Segment Reporting

Note 7 - Segment Reporting	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 7 The Company’s three Retail and Commercial Mortgage Receivables Elimination Banking Division (1) Factoring Entries (2) Total For the Three Months Ended March 31, 2017 Interest income $ 21,961 222 3,427 (711 ) 24,899 Interest expense 2,374 95 711 (711 ) 2,469 Net interest income 19,587 127 2,716 - 22,430 Provision for loan and lease losses 74 - 82 - 156 Noninterest income 1,926 3,476 38 - 5,440 Noninterest expense 13,336 3,628 1,497 - 18,461 Net earnings before tax and noncontrolling interest 8,103 (25 ) 1,175 - 9,253 Income tax expense 2,592 (10 ) 259 - 2,841 Noncontrolling interest - - (493 ) - (493 ) Net earnings attributable to National Commerce Corporation $ 5,511 (15 ) 423 - 5,919 Total assets as of March 31, 2017 $ 2,393,681 19,517 118,461 (86,510 ) 2,445,149 For the Three Months Ended March 31, 2016 Interest income $ 15,699 115 2,999 (500 ) 18,313 Interest expense 1,606 44 500 (500 ) 1,650 Net interest income 14,093 71 2,499 - 16,663 Provision for loan and lease losses 1,045 - 488 - 1,533 Noninterest income 1,632 1,453 40 - 3,125 Noninterest expense 9,412 1,349 1,292 - 12,053 Net earnings before tax and noncontrolling interest 5,268 175 759 - 6,202 Income tax expense 1,857 67 159 - 2,083 Noncontrolling interest - - (340 ) - (340 ) Net earnings attributable to National Commerce Corporation $ 3,411 108 260 - 3,779 Total assets as of March 31, 2016 $ 1,694,223 12,529 95,262 (66,074 ) 1,735,940 (1) (2) 2.50%

Note 8 - Goodwill and Intangibl

Note 8 - Goodwill and Intangibles	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 8 Changes to the carrying amount of goodwill for the three March 31, 2017 Balance, December 31, 2016 $ 50,771 Acquisition of Private Bancshares 48,085 Balance, March 31, 2017 $ 98,856 The adjustments to goodwill made during the three March 31, 2017 January 1, 2017. 10 A summary of core deposit intangible assets as of March 31, 2017 December 31, 2016 March 31, 2017 December 31, 2016 Gross carrying amount $ 6,294 3,315 Less: accumulated amortization (1,631 ) (1,283 ) Net carrying amount $ 4,663 2,032

Note 9 - Cash and Cash Equivale

Note 9 - Cash and Cash Equivalents	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	Note 9 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 March 31, 2017 December 31, 2016, $14,209,000 $8,139,000,

Note 10 - Acquisition

Note 10 - Acquisition	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 10 Effective January 1, 2017, At the effective time of the merger, each share of common stock of Private Bancshares issued and outstanding was converted into the right to receive either 0.85417 $20.50. $8,322,000 1,809,189 The acquisition of Private Bancshares was accounted for using the purchase method of accounting in accordance with Accounting Standards Codification (ASC) 805, Business Combinations one The following table presents the assets acquired and liabilities assumed of Private Bancshares as of January 1, 2017 As Recorded By Fair Value As Recorded Private Bancshares Adjustments By the Company Cash and cash equivalents $ 17,793 - 17,793 Investment securities 10,030 (312 ) a 9,718 Other investments 252 - 252 Mortgage loans held-for-sale 24,628 - 24,628 Loans 266,750 (7,225 ) b 260,034 509 b Allowance for loan losses 3,306 (3,306 ) c - Net loans 263,444 (3,410 ) 260,034 Premises and equipment, net 558 (95 ) d 463 Core deposit intangible - 2,979 e 2,979 Bank-owned life insurance 3,294 - 3,294 Other real estate and repossessions - - - Other assets 2,569 1,516 f 4,085 Total assets $ 322,568 678 323,246 Noninterest-bearing deposits $ 135,822 - 135,822 Interest-bearing deposits 150,260 131 g 150,391 Total deposits 286,082 131 286,213 Repurchase liability 2,201 - 2,201 Other liabilities 3,374 (348 ) h 3,026 Total liabilities 291,657 (217 ) 291,440 Net identifiable assets acquired over liabilities assumed 30,911 895 31,806 Goodwill - 48,085 48,085 Net assets acquired over liabilities assumed $ 30,911 48,980 79,891 Consideration: Shares of common stock issued 1,809,189 Estimated value per share of the Company's stock $ 37.15 Fair value of Company stock issued 67,211 Cash paid for shares and in lieu of fractional shares 8,322 Value of assumed stock options and restricted stock units converted to common stock 4,358 Fair value of total consideration transferred $ 79,891 Explanation of fair value adjustments a. Adjustment reflects fair value adjustments of the available-for-sale portfolio at acquisition date. b. Adjustment reflects the fair value adjustments based on the Company’s evaluation of the acquired loan portfolio. c. Adjustment reflects the elimination of Private Bancshares’ allowance for loan losses. d. Adjustment reflects the write-off of certain fixed assets. e. Adjustment reflects the recording of core deposit intangible asset. f. Adjustment to record the deferred tax asset created by purchase adjustments. g. Adjustment reflects the fair value adjustment to time deposit accounts. h. Adjustment to reflect unrecorded liabilities. The discounts on loans will be accreted to interest income over the estimated average life of the loans using a level yield method. The core deposit intangible asset is being amortized over a seven The following unaudited supplemental pro forma information is presented to show estimated results assuming Private Bancshares was acquired as of January 1, 2016. January 1, 2016 2017 three March 31, 2017. For the Three Months Ended Performance Measures (pro forma, unaudited) March 31, 2016 Net interest income $ 20,347 Net earnings $ 4,423 Diluted earnings per common share $ 0.34

Note 11 - Derivative Financial

Note 11 - Derivative Financial Instruments and Hedging Transactions	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Note 11 The Company is exposed to certain risks relating to its ongoing business operations. The primary risk managed by derivative instruments is interest rate risk. Interest rate swaps are used to manage interest rate risk associated with certain of the Company’s fixed-rate loans. The Company has also entered into interest rate swap contracts with certain of its customers. To hedge the associated risk, the Company entered into reciprocal interest rate swap agreements with a third o mitigate the interest rate risk associated with the Company’s mortgage loans that are mandatory delivery, the Company enters into forward commitments to sell mortgage-backed securities. ASC 815, Derivatives and Hedging March 31, 2017 December 31, 2016, Balance Sheet Notional March 31, 2017 Location Fair Value Amount Interest rate swaps designated as fair value hedges Other Liabilities $ (207 ) 15,667 Interest rate swaps with customers Other Assets $ 211 40,268 Reciprocal interest rate swaps Other Liabilities $ (211 ) 40,268 Forward commitment to sell mortgage-backed securities Other Liabilities $ (155 ) 18,000 Balance Sheet Notional December 31, 2016 Location Fair Value Amount Interest rate swaps designated as fair value hedges Other Liabilities $ (276 ) 15,847 Interest rate swaps with customers Other Assets $ 91 26,624 Reciprocal interest rate swaps Other Liabilities $ (91 ) 26,624 Forward commitment to sell mortgage-backed securities Other Assets $ 90 15,000 During the three March 31, 2017, $16,000

Note 12 - Subsequent Event

Note 12 - Subsequent Event	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Subsequent Events [Text Block]	Note 12 On April 24, 2017, 0.1711 $0.725 $3.00 $4.25

Note 13 - Recently Issued Accou

Note 13 - Recently Issued Accounting Pronouncements	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Note 13 In January 2017, 2017 04, Simplifying the Test for Goodwill Impairment 2 2017 04 December 15, 2019, January 1, 2017. 2017. 2017 04 In March 2017, 2017 08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310 20), Premium Amortization on Purchased Callable Debt Securities, 2017 08 December 15, 2018.

Note 3 - Net Earnings Per Com22

Note 3 - Net Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	2017 2016 Net earnings available to common shareholders $ 5,919 3,779 Weighted average common shares outstanding 12,901,040 10,855,871 Dilutive effect of stock options 221,650 94,614 Dilutive effect of directors' deferred shares 28,209 12,326 Dilutive effect of performance share awards 132,176 76,397 Diluted common shares 13,283,075 11,039,208 Basic earnings per common share $ 0.46 0.35 Diluted earnings per common share $ 0.45 0.34

Note 4 - Securities (Tables)

Note 4 - Securities (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Held-to-maturity Securities [Table Text Block]	Held-to-Maturity Securities Gross Gross Estimated Amortized Unrealized Unrealized Fair March 31, 2017 Cost Gains Losses Value Mortgage-backed securities $ 4,763 1 16 4,748 Municipal securities 21,294 43 262 21,075 Total held-to-maturity securities $ 26,057 44 278 25,823 Gross Gross Estimated Amortized Unrealized Unrealized Fair December 31, 2016 Cost Gains Losses Value Mortgage-backed securities $ 5,021 2 29 4,994 Municipal securities 21,308 25 433 20,900 Total held-to-maturity securities $ 26,329 27 462 25,894
Available-for-sale Securities [Table Text Block]	Available-for-Sale Securities Gross Gross Estimated Amortized Unrealized Unrealized Fair March 31, 2017 Cost Gains Losses Value U.S. government agency obligations $ 3,620 - 36 3,584 Mortgage-backed securities 37,062 455 193 37,324 Other asset-backed securities 26,746 134 3 26,877 Municipal securities 4,406 146 4 4,548 Total available-for-sale securities $ 71,834 735 236 72,333 Gross Gross Estimated Amortized Unrealized Unrealized Fair December 31, 2016 Cost Gains Losses Value U.S. government agency obligations $ 3,653 - 36 3,617 Mortgage-backed securities 38,946 458 256 39,148 Other asset-backed securities 25,991 113 12 26,092 Municipal securities 4,406 148 31 4,523 Total available-for-sale securities $ 72,996 719 335 73,380
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 March 31, 2017 Value Losses Value Losses Value Losses Mortgage-backed securities $ 3,145 16 - - 3,145 16 Municipal securities 14,396 262 - - 14,396 262 Total held-to-maturity securities $ 17,541 278 - - 17,541 278 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2016 Value Losses Value Losses Value Losses Mortgage-backed securities $ 3,286 29 - - 3,286 29 Municipal securities 17,542 433 - - 17,542 433 Total held-to-maturity securities $ 20,828 462 - - 20,828 462 Available-for-Sale Securities Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized March 31, 2017 Value Losses Value Losses Value Losses U.S. government agency obligations $ - - 3,584 36 3,584 36 Mortgage-backed securities 14,340 193 - - 14,340 193 Other asset-backed securities 3,997 3 - - 3,997 3 Municipal securities 978 4 - - 978 4 Total available-for-sale securities $ 19,315 200 3,584 36 22,899 236 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2016 Value Losses Value Losses Value Losses U.S. government agency obligations $ 3,617 36 - - 3,617 36 Mortgage-backed securities 18,606 256 - - 18,606 256 Other asset-backed securities 2,488 12 - - 2,488 12 Municipal securities 951 31 - - 951 31 Total available-for-sale securities $ 25,662 335 - - 25,662 335
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 and U.S. Government agencies: 0 to 5 years $ - - $ - $ - 5 to 10 years 1,046 1,060 750 752 Over 10 years 6,980 7,072 20,544 20,323 Mortgage-backed securities and other asset-backed securities 63,808 64,201 4,763 4,748 Total $ 71,834 72,333 26,057 25,823

Note 5 - Loans, Allowance for24

Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, 2017 December 31, 2016 Commercial, financial, and agricultural $ 216,471 170,985 Factored commercial receivables 99,317 83,901 Real estate - mortgage 1,242,430 1,056,214 Real estate - construction 234,861 155,813 Consumer 22,313 19,060 1,815,392 1,485,973 Less: Unearned fees (657 ) (489 ) Total loans 1,814,735 1,485,484 Allowance for loan losses (12,565 ) (12,113 ) Total net loans $ 1,802,170 1,473,371
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Commercial, Factored financial, and commercial Real estate - Real estate - March 31, 2017 agricultural receivables mortgage construction Consumer Unallocated Total Balance, beginning of year $ 1,588 500 8,465 1,369 191 - 12,113 Provisions charged to operating expense (455 ) 82 77 439 13 - 156 Loans charged off (1 ) (630 ) - - (30 ) - (661 ) Recoveries 403 548 4 - 2 - 957 Balance, March 31, 2017 $ 1,535 500 8,546 1,808 176 - 12,565 Ending balance, individually evaluated for impairment $ - - 44 - - - 44 Ending balance, collectively evaluated for impairment 1,535 500 8,502 1,808 176 - 12,521 Total allowance for loan losses $ 1,535 500 8,546 1,808 176 - 12,565 Loans: Individually evaluated for impairment $ - - 179 - 26 - 205 Collectively evaluated for impairment 215,842 99,317 1,224,828 233,136 22,052 - 1,795,175 Acquired loans with deteriorated credit quality 629 - 17,423 1,725 235 - 20,012 Total loans $ 216,471 99,317 1,242,430 234,861 22,313 - 1,815,392 Commercial, Factored financial, and commercial Real estate - Real estate - March 31, 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 443 488 923 549 (46 ) (824 ) 1,533 Loans charged off (1 ) (888 ) - - (27 ) - (916 ) Recoveries 14 400 47 3 4 - 468 Balance, March 31, 2016 $ 1,801 500 6,495 1,964 167 - 10,927 Ending balance, individually evaluated for impairment $ - - - - - - - Ending balance, collectively evaluated for impairment 1,801 500 6,495 1,964 167 - 10,927 Total allowance for loan losses $ 1,801 500 6,495 1,964 167 - 10,927 Loans: Individually evaluated for impairment $ - - 196 162 56 - 414 Collectively evaluated for impairment 192,096 74,248 921,609 166,120 19,364 - 1,373,437 Acquired loans with deteriorated credit quality 311 - 9,216 432 246 - 10,205 Total loans $ 192,407 74,248 931,021 166,714 19,666 - 1,384,056
Impaired Financing Receivables [Table Text Block]	Unpaid Average Recorded Principal Related Recorded March 31, 2017 Investment Balance Allowance Investment Impaired loans without related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 135 138 - 158 Real estate - construction - - - - Consumer 26 96 - 17 Total $ 161 234 - 175 Impaired loans with related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 44 44 44 22 Real estate - construction - - - - Consumer - - - - Total $ 44 44 44 22 Total impaired loans: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 179 182 44 180 Real estate - construction - - - - Consumer 26 96 - 17 Total $ 205 278 44 197 Unpaid Average Recorded Principal Related Recorded December 31, 2016 Investment Balance Allowance Investment Impaired loans without related allowance: Commercial, financial, and agricultural $ - - - - Factored commercial receivables - - - - Real estate - mortgage 180 213 - 168 Real estate - construction - - - 97 Consumer 7 42 - 31 Total $ 187 255 - 296 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 180 213 - 168 Real estate - construction - - - 97 Consumer 7 42 - 31 Total $ 187 255 - 296
Past Due Financing Receivables [Table Text Block]	30-59 Days 60-89 Days > 90 Days Total March 31, 2017 Past Due Past Due Past Due Past Due Current Total Non-accrual Commercial, financial, and agricultural $ - - - - 216,471 216,471 - Factored commercial receivables 5,329 1,752 538 7,619 91,698 99,317 - Real estate - mortgage 853 52 2,288 3,193 1,239,237 1,242,430 2,884 Real estate - construction - - - - 234,861 234,861 94 Consumer 80 - 20 100 22,213 22,313 39 Total $ 6,262 1,804 2,846 10,912 1,804,480 1,815,392 3,017 30-59 Days 60-89 Days > 90 Days Total December 31, 2016 Past Due Past Due Past Due Past Due Current Total Non-accrual Commercial, financial, and agricultural $ 13 - - 13 170,972 170,985 - Factored commercial receivables 5,947 1,383 581 7,911 75,990 83,901 - Real estate - mortgage 440 392 2,075 2,907 1,053,307 1,056,214 2,718 Real estate - construction - - - - 155,813 155,813 98 Consumer 68 - - 68 18,992 19,060 21 Total $ 6,468 1,775 2,656 10,899 1,475,074 1,485,973 2,837
Financing Receivable Credit Quality Indicators [Table Text Block]	March 31, 2017 Pass OAEM Substandard Doubtful Total Commercial, financial, and agricultural $ 213,036 1,809 1,626 - 216,471 Factored commercial receivables 99,317 - - - 99,317 Real estate - mortgage 1,225,276 2,895 11,600 2,659 1,242,430 Real estate - construction 233,062 - 1,705 94 234,861 Consumer 21,750 25 499 39 22,313 Total $ 1,792,441 4,729 15,430 2,792 1,815,392 December 31, 2016 Pass OAEM Substandard Doubtful Total Commercial, financial, and agricultural $ 168,004 1,422 1,559 - 170,985 Factored commercial receivables 83,901 - - - 83,901 Real estate - mortgage 1,047,797 2,163 3,586 2,668 1,056,214 Real estate - construction 155,583 - 132 98 155,813 Consumer 18,499 26 514 21 19,060 Total $ 1,473,784 3,611 5,791 2,787 1,485,973

Note 6 - Fair Value Measureme25

Note 6 - Fair Value Measurements and Disclosures (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	March 31, 2017 Level 1 Level 2 Level 3 Total U.S. government agency obligations $ - 3,584 - 3,584 Mortgage-backed securities - 37,324 - 37,324 Municipal securities - 4,548 - 4,548 Other asset-backed securities - 26,877 - 26,877 Total investment securities available-for-sale $ - 72,333 - 72,333 Mortgage loans held-for-sale $ - 19,517 - 19,517 Derivative assets $ - 1,072 - 1,072 Derivative liabilities $ - 574 - 574 December 31, 2016 Level 1 Level 2 Level 3 Total U.S. government agency obligations $ - 3,617 - 3,617 Mortgage-backed securities - 39,148 - 39,148 Municipal securities - 4,523 - 4,523 Other asset-backed securities - 26,092 - 26,092 Total investment securities available-for-sale - 73,380 - 73,380 Mortgage loans held-for-sale $ - 15,373 - 15,373 Derivative assets $ - 427 - 427 Derivative liabilities $ - 366 - 366
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]	March 31, 2017 Level 1 Level 2 Level 3 Total Other real estate $ - - 1,849 1,849 Non-accrual loans - - 3,017 3,017 December 31, 2016 Level 1 Level 2 Level 3 Total Other real estate $ - - 2,068 2,068 Non-accrual loans - - 2,837 2,837
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Estimated Fair Value March 31, 2017 Amount Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 318,730 318,730 - - Investment securities held-to-maturity 26,057 - 25,823 - Investment securities available-for-sale 72,333 - 72,333 - Other investments 8,338 - 8,338 - Loans, net 1,802,170 - 1,796,433 3,017 Mortgage loans held-for-sale 19,517 - 19,517 - Bank-owned life insurance 31,544 - 31,544 - Derivative assets 1,072 - 1,072 - Liabilities: Deposits 2,080,307 - 1,981,452 - Federal Home Loan Bank advances 7,000 - 7,229 - Subordinated debt 24,513 - 23,907 - Derivative liabilities 574 - 574 - Carrying Estimated Fair Value December 31, 2016 Amount Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 217,293 217,293 - - Investment securities held-to-maturity 26,329 - 25,894 - Investment securities available-for-sale 73,380 - 73,380 - Other investments 7,879 - 7,879 - Loans, net 1,473,371 - 1,470,491 2,837 Mortgage loans held-for-sale 15,373 - 15,373 - Bank-owned life insurance 28,034 - 28,034 - Derivative assets 427 - 427 - Liabilities: Deposits 1,667,710 - 1,616,266 - Federal Home Loan Bank advances 7,000 - 7,247 - Subordinated debt 24,500 - 22,794 - Derivative liabilities 366 - 366 -
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	March 31, 2017 Fair Value Valuation Technique Unobservable Inputs Range of Discounts Weighted Average Discounts Other real estate $ 1,849 Third party appraisals, sales contracts, broker price opinions Collateral discounts and estimated costs to sell 11% - 35% 11 % Non-accrual loans 3,017 Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 100% 34 % December 31, 2016 Other real estate $ 2,068 Third party appraisals, sales contracts, broker price opinions Collateral discounts and estimated costs to sell 11% - 35% 11 % Non-accrual loans 2,837 Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 100% 33 %

Note 7 - Segment Reporting (Tab

Note 7 - Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 Interest income $ 21,961 222 3,427 (711 ) 24,899 Interest expense 2,374 95 711 (711 ) 2,469 Net interest income 19,587 127 2,716 - 22,430 Provision for loan and lease losses 74 - 82 - 156 Noninterest income 1,926 3,476 38 - 5,440 Noninterest expense 13,336 3,628 1,497 - 18,461 Net earnings before tax and noncontrolling interest 8,103 (25 ) 1,175 - 9,253 Income tax expense 2,592 (10 ) 259 - 2,841 Noncontrolling interest - - (493 ) - (493 ) Net earnings attributable to National Commerce Corporation $ 5,511 (15 ) 423 - 5,919 Total assets as of March 31, 2017 $ 2,393,681 19,517 118,461 (86,510 ) 2,445,149 For the Three Months Ended March 31, 2016 Interest income $ 15,699 115 2,999 (500 ) 18,313 Interest expense 1,606 44 500 (500 ) 1,650 Net interest income 14,093 71 2,499 - 16,663 Provision for loan and lease losses 1,045 - 488 - 1,533 Noninterest income 1,632 1,453 40 - 3,125 Noninterest expense 9,412 1,349 1,292 - 12,053 Net earnings before tax and noncontrolling interest 5,268 175 759 - 6,202 Income tax expense 1,857 67 159 - 2,083 Noncontrolling interest - - (340 ) - (340 ) Net earnings attributable to National Commerce Corporation $ 3,411 108 260 - 3,779 Total assets as of March 31, 2016 $ 1,694,223 12,529 95,262 (66,074 ) 1,735,940

Note 8 - Goodwill and Intangi27

Note 8 - Goodwill and Intangibles (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Goodwill [Table Text Block]	Balance, December 31, 2016 $ 50,771 Acquisition of Private Bancshares 48,085 Balance, March 31, 2017 $ 98,856
Schedule of Finite-Lived Intangible Assets [Table Text Block]	March 31, 2017 December 31, 2016 Gross carrying amount $ 6,294 3,315 Less: accumulated amortization (1,631 ) (1,283 ) Net carrying amount $ 4,663 2,032

Note 10 - Acquisition (Tables)

Note 10 - Acquisition (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Business Acquisition, Pro Forma Information [Table Text Block]	For the Three Months Ended Performance Measures (pro forma, unaudited) March 31, 2016 Net interest income $ 20,347 Net earnings $ 4,423 Diluted earnings per common share $ 0.34
Acquisition of Private Bancshares [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	As Recorded By Fair Value As Recorded Private Bancshares Adjustments By the Company Cash and cash equivalents $ 17,793 - 17,793 Investment securities 10,030 (312 ) a 9,718 Other investments 252 - 252 Mortgage loans held-for-sale 24,628 - 24,628 Loans 266,750 (7,225 ) b 260,034 509 b Allowance for loan losses 3,306 (3,306 ) c - Net loans 263,444 (3,410 ) 260,034 Premises and equipment, net 558 (95 ) d 463 Core deposit intangible - 2,979 e 2,979 Bank-owned life insurance 3,294 - 3,294 Other real estate and repossessions - - - Other assets 2,569 1,516 f 4,085 Total assets $ 322,568 678 323,246 Noninterest-bearing deposits $ 135,822 - 135,822 Interest-bearing deposits 150,260 131 g 150,391 Total deposits 286,082 131 286,213 Repurchase liability 2,201 - 2,201 Other liabilities 3,374 (348 ) h 3,026 Total liabilities 291,657 (217 ) 291,440 Net identifiable assets acquired over liabilities assumed 30,911 895 31,806 Goodwill - 48,085 48,085 Net assets acquired over liabilities assumed $ 30,911 48,980 79,891 Consideration: Shares of common stock issued 1,809,189 Estimated value per share of the Company's stock $ 37.15 Fair value of Company stock issued 67,211 Cash paid for shares and in lieu of fractional shares 8,322 Value of assumed stock options and restricted stock units converted to common stock 4,358 Fair value of total consideration transferred $ 79,891

Note 11 - Derivative Financia29

Note 11 - Derivative Financial Instruments and Hedging Transactions (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	Balance Sheet Notional March 31, 2017 Location Fair Value Amount Interest rate swaps designated as fair value hedges Other Liabilities $ (207 ) 15,667 Interest rate swaps with customers Other Assets $ 211 40,268 Reciprocal interest rate swaps Other Liabilities $ (211 ) 40,268 Forward commitment to sell mortgage-backed securities Other Liabilities $ (155 ) 18,000 Balance Sheet Notional December 31, 2016 Location Fair Value Amount Interest rate swaps designated as fair value hedges Other Liabilities $ (276 ) 15,847 Interest rate swaps with customers Other Assets $ 91 26,624 Reciprocal interest rate swaps Other Liabilities $ (91 ) 26,624 Forward commitment to sell mortgage-backed securities Other Assets $ 90 15,000

Note 3 - Net Earnings Per Com30

Note 3 - Net Earnings Per Common Share (Details Textual) - shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	102,297

Note 3 - Net Earnings Per Com31

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
	Mar. 31, 2017	Mar. 31, 2016
Net earnings available to common shareholders	$ 5,919	$ 3,779
Weighted average common shares outstanding (in shares)	12,901,040	10,855,871
Dilutive effect of stock options (in shares)	221,650	94,614
Dilutive effect of directors' deferred shares (in shares)	28,209	12,326
Dilutive effect of performance share awards (in shares)	132,176	76,397
Diluted common shares (in shares)	13,283,075	11,039,208
Basic earnings per common share (in dollars per share)	$ 0.46	$ 0.35
Diluted earnings per common share (in dollars per share)	$ 0.45	$ 0.34

Note 4 - Securities (Details Te

Note 4 - Securities (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Proceeds from Sale and Maturity of Marketable Securities	$ 0	$ 0
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net	$ 0	$ 0

Note 4 - Securities - Amortized

Note 4 - Securities - Amortized Cost and Fair Value of Held-to-maturity Debt Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Held-to-maturity securities, amortized cost	$ 26,057	$ 26,329
Held-to-maturity securities, gross unrealized gains	44	27
Held-to-maturity securities, gross unrealized losses	278	462
Held-to-maturity securities, fair value	25,823	25,894
Collateralized Mortgage Backed Securities [Member]
Held-to-maturity securities, amortized cost	4,763	5,021
Held-to-maturity securities, gross unrealized gains	1	2
Held-to-maturity securities, gross unrealized losses	16	29
Held-to-maturity securities, fair value	4,748	4,994
US States and Political Subdivisions Debt Securities [Member]
Held-to-maturity securities, amortized cost	21,294	21,308
Held-to-maturity securities, gross unrealized gains	43	25
Held-to-maturity securities, gross unrealized losses	262	433
Held-to-maturity securities, fair value	$ 21,075	$ 20,900

Note 4 - Securities - Amortiz34

Note 4 - Securities - Amortized Cost and Fair Value of Available-for-sale Debt Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Available-for-sale securities, amortized cost	$ 71,834	$ 72,996
Available-for-sale securities, gross unrealized gains	735	719
Available-for-sale securities, gross unrealized losses	236	335
Investment securities available-for-sale	72,333	73,380
US Government Agencies Debt Securities [Member]
Available-for-sale securities, amortized cost	3,620	3,653
Available-for-sale securities, gross unrealized gains
Available-for-sale securities, gross unrealized losses	36	36
Investment securities available-for-sale	3,584	3,617
Collateralized Mortgage Backed Securities [Member]
Available-for-sale securities, amortized cost	37,062	38,946
Available-for-sale securities, gross unrealized gains	455	458
Available-for-sale securities, gross unrealized losses	193	256
Investment securities available-for-sale	37,324	39,148
Asset-backed Securities [Member]
Available-for-sale securities, amortized cost	26,746	25,991
Available-for-sale securities, gross unrealized gains	134	113
Available-for-sale securities, gross unrealized losses	3	12
Investment securities available-for-sale	26,877	26,092
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, amortized cost	4,406	4,406
Available-for-sale securities, gross unrealized gains	146	148
Available-for-sale securities, gross unrealized losses	4	31
Investment securities available-for-sale	$ 4,548	$ 4,523

Note 4 - Securities - Debt Secu

Note 4 - Securities - Debt Securities with Unrealized Losses (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Held-to-maturity securities, less than 12 months, fair value	$ 17,541	$ 20,828
Held-to-maturity securities, less than 12 months, unrealized losses	278	462
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	17,541	20,828
Held-to-maturity securities, gross unrealized losses	278	462
Available-for-sale securities, less than 12 months, fair value	19,315	25,662
Available-for-sale securities, less than 12 months, unrealized losses	200	335
Available-for-sale securities, 12 months or more, fair value	3,584
Available-for-sale securities, 12 months or more, unrealized losses	36
Available-for-sale securities, total fair value	22,899	25,662
Available-for-sale securities, total unrealized losses	236	335
Collateralized Mortgage Backed Securities [Member]
Held-to-maturity securities, less than 12 months, fair value	3,145	3,286
Held-to-maturity securities, less than 12 months, unrealized losses	16	29
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	3,145	3,286
Held-to-maturity securities, gross unrealized losses	16	29
Available-for-sale securities, less than 12 months, fair value	14,340	18,606
Available-for-sale securities, less than 12 months, unrealized losses	193	256
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	14,340	18,606
Available-for-sale securities, total unrealized losses	193	256
US Government Agencies Debt Securities [Member]
Available-for-sale securities, less than 12 months, fair value		3,617
Available-for-sale securities, less than 12 months, unrealized losses		36
Available-for-sale securities, 12 months or more, fair value	3,584
Available-for-sale securities, 12 months or more, unrealized losses	36
Available-for-sale securities, total fair value	3,584	3,617
Available-for-sale securities, total unrealized losses	36	36
US States and Political Subdivisions Debt Securities [Member]
Held-to-maturity securities, less than 12 months, fair value	14,396	17,542
Held-to-maturity securities, less than 12 months, unrealized losses	262	433
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	14,396	17,542
Held-to-maturity securities, gross unrealized losses	262	433
Available-for-sale securities, less than 12 months, fair value	978	951
Available-for-sale securities, less than 12 months, unrealized losses	4	31
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	978	951
Available-for-sale securities, total unrealized losses	4	31
Asset-backed Securities, Securitized Loans and Receivables [Member]
Available-for-sale securities, less than 12 months, fair value	3,997
Available-for-sale securities, less than 12 months, unrealized losses	3
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	3,997
Available-for-sale securities, total unrealized losses	$ 3
Asset-backed Securities [Member]
Available-for-sale securities, less than 12 months, fair value		2,488
Available-for-sale securities, less than 12 months, unrealized losses		12
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		2,488
Available-for-sale securities, total unrealized losses		$ 12

Note 4 - Securities - Contractu

Note 4 - Securities - Contractual Maturities (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Available-for-sale securities, amortized cost, mortgage-backed securities and other asset-backed securities	$ 63,808
Available-for-sale securities, fair value, mortgage-backed securities and other asset-backed securities	64,201
Held-to-maturity securities, amortized cost, mortgage-backed securities and other asset-backed securities	4,763
Held-to-maturity securities, fair value, mortgage-backed securities and other asset-backed securities	4,748
Available-for-sale securities, amortized cost	71,834	$ 72,996
Available-for-sale securities, fair value	72,333	73,380
Held-to-maturity securities, amortized cost	26,057	26,329
Held-to-maturity securities, fair value	25,823	25,894
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	1,046
Available-for-sale securities, fair value, 5 to 10 years	1,060
Held-to-maturity securities, amortized cost, 5 to 10 years	750
Held-to-maturity securities, fair value, 5 to 10 years	752
Available-for-sale securities, amortized cost, over 10 years	6,980
Available-for-sale securities, fair value, over 10 years	7,072
Held-to-maturity securities, amortized cost, over 10 years	20,544
Held-to-maturity securities, fair value, over 10 years	20,323
Available-for-sale securities, amortized cost	4,406	4,406
Available-for-sale securities, fair value	4,548	4,523
Held-to-maturity securities, amortized cost	21,294	21,308
Held-to-maturity securities, fair value	$ 21,075	$ 20,900

Note 5 - Loans, Allowance for37

Note 5 - Loans, Allowance for Loan Losses and Credit Quality (Details Textual) xbrli-pure in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Financing Receivable, Modifications, Number of Contracts	0	0
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

Note 5 - Loans, Allowance for38

Note 5 - Loans, Allowance for Loan Losses and Credit Quality - Summary of Major Classification of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Loans	$ 1,815,392	$ 1,485,973	$ 1,384,056
Less: Unearned fees	(657)	(489)
Total loans	1,814,735	1,485,484
Allowance for loan losses	(12,565)	(12,113)	(10,927)	$ (9,842)
Total net loans	1,802,170	1,473,371
Commercial, Financial and Agricultural Portfolio Segment [Member]
Loans	216,471	170,985	192,407
Allowance for loan losses	(1,535)	(1,588)	(1,801)	(1,345)
Factored Commercial Receivables Portfolio Segment [Member]
Loans	99,317	83,901	74,248
Allowance for loan losses	(500)	(500)	(500)	(500)
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	1,242,430	1,056,214	931,021
Allowance for loan losses	(8,546)	(8,465)	(6,495)	(5,525)
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	234,861	155,813	166,714
Allowance for loan losses	(1,808)	(1,369)	(1,964)	(1,412)
Consumer Portfolio Segment [Member]
Loans	22,313	19,060	19,666
Allowance for loan losses	$ (176)	$ (191)	$ (167)	$ (236)

Note 5 - Loans, Allowance for39

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	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Balance	$ 12,113	$ 9,842
Provisions charged to operating expense	156	1,533
Loans charged off	(661)	(916)
Recoveries	957	468
Balance	12,565	10,927
Allowance for loan losses, ending balance, individually evaluated for impairment			$ 44
Allowance for loan losses, ending balance, collectively evaluated for impairment			12,521		10,927
Total allowance for loan losses	12,565	9,842	12,565	$ 12,113	10,927
Loans:
Loans, individually evaluated for impairment			205		414
Loans, collectively evaluated for impairment			1,795,175		1,373,437
Loans			1,815,392	1,485,973	1,384,056
Balance	12,113	9,842
Provisions charged to operating expense	156	1,533
Loans charged off	(661)	(916)
Recoveries	957	468
Balance	12,565	10,927
Allowance for loan losses, ending balance, individually evaluated for impairment			44
Allowance for loan losses, ending balance, collectively evaluated for impairment			12,521		10,927
Total allowance for loan losses	12,565	9,842	12,565	12,113	10,927
Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality			20,012		10,205
Commercial, Financial and Agricultural Portfolio Segment [Member]
Balance	1,588	1,345
Provisions charged to operating expense	(455)	443
Loans charged off	(1)	(1)
Recoveries	403	14
Balance	1,535	1,801
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment			1,535		1,801
Total allowance for loan losses	1,588	1,345	1,535	1,588	1,801
Loans:
Loans, individually evaluated for impairment
Loans, collectively evaluated for impairment			215,842		192,096
Loans			216,471	170,985	192,407
Balance	1,588	1,345
Provisions charged to operating expense	(455)	443
Loans charged off	(1)	(1)
Recoveries	403	14
Balance	1,535	1,801
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment			1,535		1,801
Total allowance for loan losses	1,588	1,345	1,535	1,588	1,801
Commercial, Financial and Agricultural Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality			629		311
Factored Commercial Receivables Portfolio Segment [Member]
Balance	500	500
Provisions charged to operating expense	82	488
Loans charged off	(630)	(888)
Recoveries	548	400
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
Total allowance for loan losses	500	500	500	500	500
Loans:
Loans, individually evaluated for impairment
Loans, collectively evaluated for impairment			99,317		74,248
Loans			99,317	83,901	74,248
Balance	500	500
Provisions charged to operating expense	82	488
Loans charged off	(630)	(888)
Recoveries	548	400
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
Total allowance for loan losses	500	500	500	500	500
Factored Commercial Receivables Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Balance	8,465	5,525
Provisions charged to operating expense	77	923
Loans charged off
Recoveries	4	47
Balance	8,546	6,495
Allowance for loan losses, ending balance, individually evaluated for impairment			44
Allowance for loan losses, ending balance, collectively evaluated for impairment			8,502		6,495
Total allowance for loan losses	8,465	5,525	8,546	8,465	6,495
Loans:
Loans, individually evaluated for impairment			179		196
Loans, collectively evaluated for impairment			1,224,828		921,609
Loans			1,242,430	1,056,214	931,021
Balance	8,465	5,525
Provisions charged to operating expense	77	923
Loans charged off
Recoveries	4	47
Balance	8,546	6,495
Allowance for loan losses, ending balance, individually evaluated for impairment			44
Allowance for loan losses, ending balance, collectively evaluated for impairment			8,502		6,495
Total allowance for loan losses	8,465	5,525	8,546	8,465	6,495
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality			17,423		9,216
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Balance	1,369	1,412
Provisions charged to operating expense	439	549
Loans charged off
Recoveries		3
Balance	1,808	1,964
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment			1,808		1,964
Total allowance for loan losses	1,369	1,412	1,808	1,369	1,964
Loans:
Loans, individually evaluated for impairment					162
Loans, collectively evaluated for impairment			233,136		166,120
Loans			234,861	155,813	166,714
Balance	1,369	1,412
Provisions charged to operating expense	439	549
Loans charged off
Recoveries		3
Balance	1,808	1,964
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment			1,808		1,964
Total allowance for loan losses	1,369	1,412	1,808	1,369	1,964
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality			1,725		432
Consumer Portfolio Segment [Member]
Balance	191	236
Provisions charged to operating expense	13	(46)
Loans charged off	(30)	(27)
Recoveries	2	4
Balance	176	167
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment			176		167
Total allowance for loan losses	191	236	176	191	167
Loans:
Loans, individually evaluated for impairment			26		56
Loans, collectively evaluated for impairment			22,052		19,364
Loans			22,313	19,060	19,666
Balance	191	236
Provisions charged to operating expense	13	(46)
Loans charged off	(30)	(27)
Recoveries	2	4
Balance	176	167
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment			176		167
Total allowance for loan losses	191	236	176	191	167
Consumer Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality			235		246
Unallocated Financing Receivables [Member]
Balance		824
Provisions charged to operating expense		(824)
Loans charged off
Recoveries
Balance
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment
Total allowance for loan losses		824
Loans:
Loans, individually evaluated for impairment
Loans, collectively evaluated for impairment
Loans
Balance		824
Provisions charged to operating expense		(824)
Loans charged off
Recoveries
Balance
Allowance for loan losses, ending balance, individually evaluated for impairment
Allowance for loan losses, ending balance, collectively evaluated for impairment
Total allowance for loan losses		$ 824
Unallocated Financing Receivables [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Loans:
Acquired loans with deteriorated credit quality

Note 5 - Loans, Allowance for40

Note 5 - Loans, Allowance for Loan Losses and Credit Quality - Summary of Impaired Loans by Class of Loans (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Recorded investment without related allowance	$ 161	$ 187
Unpaid principal balance without related allowance	234	255
Average recorded investment without related allowance	175	296
Recorded investment with related allowance	44
Unpaid principal balance with related allowance	44
Related allowance	44
Average recorded investment with related allowance	22
Recorded investment	205	187
Unpaid principal balance	278	255
Average recorded investment	197	296
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
Recorded investment
Unpaid principal balance
Average recorded investment
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Recorded investment without related allowance	135	180
Unpaid principal balance without related allowance	138	213
Average recorded investment without related allowance	158	168
Recorded investment with related allowance	44
Unpaid principal balance with related allowance	44
Related allowance	44
Average recorded investment with related allowance	22
Recorded investment	179	180
Unpaid principal balance	182	213
Average recorded investment	180	168
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Recorded investment without related allowance
Unpaid principal balance without related allowance
Average recorded investment without related allowance		97
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		97
Consumer Portfolio Segment [Member]
Recorded investment without related allowance	26	7
Unpaid principal balance without related allowance	96	42
Average recorded investment without related allowance	17	31
Recorded investment with related allowance
Unpaid principal balance with related allowance
Related allowance
Average recorded investment with related allowance
Recorded investment	26	7
Unpaid principal balance	96	42
Average recorded investment	$ 17	$ 31

Note 5 - Loans, Allowance for41

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	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Past Due	$ 10,912	$ 10,899
Current	1,804,480	1,475,074
Loans	1,815,392	1,485,973	$ 1,384,056
Non-accrual loans	3,017	2,837
Commercial, Financial and Agricultural Portfolio Segment [Member]
Past Due		13
Current	216,471	170,972
Loans	216,471	170,985	192,407
Non-accrual loans
Factored Commercial Receivables Portfolio Segment [Member]
Past Due	7,619	7,911
Current	91,698	75,990
Loans	99,317	83,901	74,248
Non-accrual loans
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Past Due	3,193	2,907
Current	1,239,237	1,053,307
Loans	1,242,430	1,056,214	931,021
Non-accrual loans	2,884	2,718
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past Due
Current	234,861	155,813
Loans	234,861	155,813	166,714
Non-accrual loans	94	98
Consumer Portfolio Segment [Member]
Past Due	100	68
Current	22,213	18,992
Loans	22,313	19,060	$ 19,666
Non-accrual loans	39	21
Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	6,262	6,468
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial, Financial and Agricultural Portfolio Segment [Member]
Past Due		13
Financing Receivables, 30 to 59 Days Past Due [Member] | Factored Commercial Receivables Portfolio Segment [Member]
Past Due	5,329	5,947
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Past Due	853	440
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past Due
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Past Due	80	68
Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	1,804	1,775
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	1,752	1,383
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Past Due	52	392
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past Due
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Past Due
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	2,846	2,656
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	538	581
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Past Due	2,288	2,075
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	$ 20

Note 5 - Loans, Allowance for42

Note 5 - Loans, Allowance for Loan Losses and Credit Quality - Summary of Risk Category of Loans by Class of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Loans	$ 1,815,392	$ 1,485,973	$ 1,384,056
Commercial, Financial and Agricultural Portfolio Segment [Member]
Loans	216,471	170,985	192,407
Factored Commercial Receivables Portfolio Segment [Member]
Loans	99,317	83,901	74,248
Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	1,242,430	1,056,214	931,021
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	234,861	155,813	166,714
Consumer Portfolio Segment [Member]
Loans	22,313	19,060	$ 19,666
Pass [Member]
Loans	1,792,441	1,473,784
Pass [Member] | Commercial, Financial and Agricultural Portfolio Segment [Member]
Loans	213,036	168,004
Pass [Member] | Factored Commercial Receivables Portfolio Segment [Member]
Loans	99,317	83,901
Pass [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	1,225,276	1,047,797
Pass [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	233,062	155,583
Pass [Member] | Consumer Portfolio Segment [Member]
Loans	21,750	18,499
OAEM [Member]
Loans	4,729	3,611
OAEM [Member] | Commercial, Financial and Agricultural Portfolio Segment [Member]
Loans	1,809	1,422
OAEM [Member] | Factored Commercial Receivables Portfolio Segment [Member]
Loans
OAEM [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	2,895	2,163
OAEM [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans
OAEM [Member] | Consumer Portfolio Segment [Member]
Loans	25	26
Substandard [Member]
Loans	15,430	5,791
Substandard [Member] | Commercial, Financial and Agricultural Portfolio Segment [Member]
Loans	1,626	1,559
Substandard [Member] | Factored Commercial Receivables Portfolio Segment [Member]
Loans
Substandard [Member] | Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	11,600	3,586
Substandard [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	1,705	132
Substandard [Member] | Consumer Portfolio Segment [Member]
Loans	499	514
Doubtful [Member]
Loans	2,792	2,787
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	2,659	2,668
Doubtful [Member] | Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	94	98
Doubtful [Member] | Consumer Portfolio Segment [Member]
Loans	$ 39	$ 21

Note 6 - Fair Value Measureme43

Note 6 - Fair Value Measurements and Disclosures - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Investment securities available-for-sale	$ 72,333	$ 73,380
Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	72,333	73,380
Mortgage loans held-for-sale	19,517	15,373
Derivative assets	1,072	427
Derivative liabilities	574	366
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available-for-sale
Mortgage loans held-for-sale
Derivative assets
Derivative liabilities
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available-for-sale	72,333	73,380
Mortgage loans held-for-sale	19,517	15,373
Derivative assets	1,072	427
Derivative liabilities	574	366
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available-for-sale
Mortgage loans held-for-sale
Derivative assets
Derivative liabilities
US Government Agencies Debt Securities [Member]
Investment securities available-for-sale	3,584	3,617
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	3,584	3,617
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available-for-sale
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available-for-sale	3,584	3,617
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available-for-sale
Collateralized Mortgage Backed Securities [Member]
Investment securities available-for-sale	37,324	39,148
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	37,324	39,148
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available-for-sale
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available-for-sale	37,324	39,148
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available-for-sale
US States and Political Subdivisions Debt Securities [Member]
Investment securities available-for-sale	4,548	4,523
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	4,548	4,523
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available-for-sale
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available-for-sale	4,548	4,523
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available-for-sale
Asset-backed Securities [Member]
Investment securities available-for-sale	26,877	26,092
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available-for-sale	26,877	26,092
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available-for-sale
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available-for-sale	26,877	26,092
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available-for-sale

Note 6 - Fair Value Measureme44

Note 6 - Fair Value Measurements and Disclosures - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Other real estate	$ 1,849	$ 2,068
Non-accrual loans	3,017	2,837
Fair Value, Measurements, Nonrecurring [Member]
Other real estate	1,849	2,068
Non-accrual loans	3,017	2,837
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Other real estate
Non-accrual loans
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Other real estate
Non-accrual loans
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Other real estate	1,849	2,068
Non-accrual loans	$ 3,017	$ 2,837

Note 6 - Fair Value Measureme45

Note 6 - Fair Value Measurements and Disclosures - Carrying Amounts and Estimated Fair Values of the Company's Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Assets:
Cash and cash equivalents	$ 318,730	$ 217,293	$ 123,853	$ 212,457
Investment securities held-to-maturity	25,823	25,894
Investment securities available-for-sale	72,333	73,380
Other investments	8,338	7,879
Loans, net	1,802,170	1,473,371
Bank-owned life insurance	31,544	28,034
Liabilities:
Deposits	2,080,307	1,667,710
Federal Home Loan Bank advances	7,000	7,000
Reported Value Measurement [Member]
Assets:
Cash and cash equivalents	318,730
Investment securities held-to-maturity	26,057	26,329
Investment securities available-for-sale	72,333	73,380
Other investments	8,338
Loans, net	1,802,170
Mortgage loans held-for-sale	19,517
Bank-owned life insurance	31,544
Derivative assets	1,072	427
Cash and cash equivalents		217,293
Other investments		7,879
Loans, net		1,473,371
Mortgage loans held-for-sale		15,373
Bank-owned life insurance		28,034
Liabilities:
Deposits	2,080,307
Federal Home Loan Bank advances	7,000
Subordinated debt	24,513	24,500
Derivative liabilities	574	366
Deposits		1,667,710
Federal Home Loan Bank advances		7,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Assets:
Cash and cash equivalents	318,730
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
Cash and cash equivalents		217,293
Other investments
Loans, net
Mortgage loans held-for-sale
Bank-owned life insurance
Liabilities:
Deposits
Federal Home Loan Bank advances
Subordinated debt
Derivative liabilities
Deposits
Federal Home Loan Bank advances
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Assets:
Cash and cash equivalents
Investment securities held-to-maturity	25,823	25,894
Investment securities available-for-sale	72,333	73,380
Other investments	8,338
Loans, net	1,796,433
Mortgage loans held-for-sale	19,517
Bank-owned life insurance	31,544
Derivative assets	1,072	427
Cash and cash equivalents
Other investments		7,879
Loans, net		1,470,491
Mortgage loans held-for-sale		15,373
Bank-owned life insurance		28,034
Liabilities:
Deposits	1,981,452
Federal Home Loan Bank advances	7,229
Subordinated debt	23,907	22,794
Derivative liabilities	574	366
Deposits		1,616,266
Federal Home Loan Bank advances		7,247
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Assets:
Cash and cash equivalents
Investment securities held-to-maturity
Investment securities available-for-sale
Other investments
Loans, net	3,017
Mortgage loans held-for-sale
Bank-owned life insurance
Derivative assets
Cash and cash equivalents
Other investments
Loans, net		2,837
Mortgage loans held-for-sale
Bank-owned life insurance
Liabilities:
Deposits
Federal Home Loan Bank advances
Subordinated debt
Derivative liabilities
Deposits
Federal Home Loan Bank advances

Note 6 - Fair Value Measureme46

Note 6 - Fair Value Measurements and Disclosures - Significant Unobservable Inputs (Details) - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Third Party Appraisals, Sales Contracts, Broker Price Opinions [Member] | Other Real Estate [Member]
Fair value of asset	$ 1,849	$ 2,068
Third Party Appraisals, Sales Contracts, Broker Price Opinions [Member] | Other Real Estate [Member] | Minimum [Member]
Fair value discounts	11.00%	11.00%
Third Party Appraisals, Sales Contracts, Broker Price Opinions [Member] | Other Real Estate [Member] | Maximum [Member]
Fair value discounts	35.00%	35.00%
Third Party Appraisals, Sales Contracts, Broker Price Opinions [Member] | Other Real Estate [Member] | Weighted Average [Member]
Fair value discounts	11.00%	11.00%
Third Party Appraisals and Discounted Cash Flows [Member] | Impaired Loans [Member]
Fair value of asset	$ 3,017	$ 2,837
Third Party Appraisals and Discounted Cash Flows [Member] | Impaired Loans [Member] | Minimum [Member]
Fair value discounts	0.00%	0.00%
Third Party Appraisals and Discounted Cash Flows [Member] | Impaired Loans [Member] | Maximum [Member]
Fair value discounts	100.00%	100.00%
Third Party Appraisals and Discounted Cash Flows [Member] | Impaired Loans [Member] | Weighted Average [Member]
Fair value discounts	34.00%	33.00%

Note 7 - Segment Reporting (Det

Note 7 - Segment Reporting (Details Textual)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Number of Reportable Segments	3
Funding Costs of Federals Funds, Percentage	2.50%	2.50%

Note 7 - Segment Reporting - Re

Note 7 - Segment Reporting - Reconciliation of Reportable Segment Revenue, Expenses and Profit (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Interest income		$ 24,899	$ 18,313
Interest expense		2,469	1,650
Net interest income		22,430	16,663
Provision for loan and lease losses		156	1,533
Noninterest income		5,440	3,125
Noninterest expense		18,461	12,053
Earnings before income taxes		9,253	6,202
Income tax expense		2,841	2,083
Noncontrolling interest		(493)	(340)
Net earnings attributable to National Commerce Corporation		5,919	3,779
Total assets		2,445,149	1,735,940	$ 1,950,784
Operating Segments [Member] | Retail and Commercial Banking [Member]
Interest income		21,961	15,699
Interest expense		2,374	1,606
Net interest income		19,587	14,093
Provision for loan and lease losses		74	1,045
Noninterest income		1,926	1,632
Noninterest expense		13,336	9,412
Earnings before income taxes		8,103	5,268
Income tax expense		2,592	1,857
Noncontrolling interest
Net earnings attributable to National Commerce Corporation		5,511	3,411
Total assets		2,393,681	1,694,223
Operating Segments [Member] | Mortgage Division [Member]
Interest income	[1]	222	115
Interest expense	[1]	95	44
Net interest income	[1]	127	71
Provision for loan and lease losses	[1]
Noninterest income	[1]	3,476	1,453
Noninterest expense	[1]	3,628	1,349
Earnings before income taxes	[1]	(25)	175
Income tax expense	[1]	(10)	67
Noncontrolling interest	[1]
Net earnings attributable to National Commerce Corporation	[1]	(15)	108
Total assets	[1]	19,517	12,529
Operating Segments [Member] | Receivables Factoring [Member]
Interest income		3,427	2,999
Interest expense		711	500
Net interest income		2,716	2,499
Provision for loan and lease losses		82	488
Noninterest income		38	40
Noninterest expense		1,497	1,292
Earnings before income taxes		1,175	759
Income tax expense		259	159
Noncontrolling interest		(493)	(340)
Net earnings attributable to National Commerce Corporation		423	260
Total assets		118,461	95,262
Intersegment Eliminations [Member]
Interest income	[2]	(711)	(500)
Interest expense	[2]	(711)	(500)
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 attributable to National Commerce Corporation	[2]
Total assets	[2]	$ (86,510)	$ (66,074)
[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 Intangi49

Note 8 - Goodwill and Intangible Assets - Changes in Carrying Amount of Goodwill (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Balance	$ 50,771
Acquisition of Private Bancshares	48,085
Balance	$ 98,856

Note 8 - Goodwill and Intangi50

Note 8 - Goodwill and Intangibles - Core Deposit Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Net carrying amount	$ 4,663	$ 2,032
Core Deposits [Member]
Gross carrying amount	6,294	3,315
Less: accumulated amortization	(1,631)	(1,283)
Net carrying amount	$ 4,663	$ 2,032

Note 9 - Cash and Cash Equiva51

Note 9 - Cash and Cash Equivalents (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Federal Funds Sold Period	1 day
Payments to Acquire Federal Reserve Bank Stock	$ 14,209,000	$ 8,139,000

Note 10 - Acquisition (Details

Note 10 - Acquisition (Details Textual)	Jan. 01, 2017USD ($)$ / sharesshares
Core Deposits [Member]
Finite-Lived Intangible Asset, Useful Life	7 years
Acquisition of Private Bancshares [Member]
Business Acquisition Stock, Conversion Ratio	0.85417
Business Acquisition, Share Price | $ / shares	$ 20.50
Payments to Acquire Businesses, Gross | $	$ 8,322,000
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares	1,809,189

Note 10 - Acquisition - Summary

Note 10 - Acquisition - Summary of Estimated Fair Value of Assets and Liabilities Acquired (Details) - USD ($)		Jan. 01, 2017	Mar. 31, 2017	Dec. 31, 2016
Goodwill			$ 98,856,000	$ 50,771,000
Acquisition of Private Bancshares [Member]
Cash and cash equivalents		$ 17,793,000
Investment securities		9,718,000
Other investments		252,000
Mortgage loans held-for-sale		24,628,000
Loans		260,034,000
Allowance for loan losses	[1]
Net loans		260,034,000
Premises and equipment, net		463,000
Core deposit intangible		2,979,000
Bank-owned life insurance		3,294,000
Other real estate and repossessions
Other assets		4,085,000
Total assets		323,246,000
Noninterest-bearing deposits		135,822,000
Interest-bearing deposits	[2]	150,391,000
Total deposits		286,213,000
Repurchase liability		2,201,000
Other liabilities		3,026,000
Total liabilities		291,440,000
Net identifiable assets acquired over liabilities assumed		31,806,000
Goodwill		48,085,000
Net assets acquired over liabilities assumed		$ 79,891,000
Shares of common stock issued (in shares)		1,809,189
Estimated value per share of the Company's stock (in dollars per share)		$ 37.15
Fair value of Company stock issued		$ 67,211,000
Cash paid for shares and in lieu of fractional shares		8,322,000
Value of assumed stock options and restricted stock units converted to common stock		4,358,000
Fair value of total consideration transferred		79,891,000
Acquisition of Private Bancshares [Member] | Measured by Acquired Company [Member]
Cash and cash equivalents		17,793,000
Investment securities		10,030,000
Other investments		252,000
Mortgage loans held-for-sale		24,628,000
Loans		266,750,000
Allowance for loan losses		3,306,000
Net loans		263,444,000
Premises and equipment, net		558,000
Bank-owned life insurance		3,294,000
Other real estate and repossessions
Other assets		2,569,000
Total assets		322,568,000
Noninterest-bearing deposits		135,822,000
Interest-bearing deposits	[2]	150,260,000
Total deposits		286,082,000
Repurchase liability		2,201,000
Other liabilities		3,374,000
Total liabilities		291,657,000
Net identifiable assets acquired over liabilities assumed		30,911,000
Net assets acquired over liabilities assumed		30,911,000
Acquisition of Private Bancshares [Member] | Fair Value Adjustments [Member]
Cash and cash equivalents
Investment securities	[3]	(312,000)
Other investments
Mortgage loans held-for-sale
Loans	[4]	(7,225,000)
	[4]	509,000
Allowance for loan losses	[1]	(3,306,000)
Net loans		(3,410,000)
Premises and equipment, net	[5]	(95,000)
Core deposit intangible	[6]	2,979,000
Bank-owned life insurance
Other real estate and repossessions
Other assets	[7]	1,516,000
Total assets		678,000
Noninterest-bearing deposits
Interest-bearing deposits	[2]	131,000
Total deposits		131,000
Repurchase liability
Other liabilities	[8]	(348,000)
Total liabilities		(217,000)
Net identifiable assets acquired over liabilities assumed		895,000
Goodwill		48,085,000
Net assets acquired over liabilities assumed		$ 48,980,000
[1]	Adjustment reflects the elimination of Private Bancshares's allowance for loan losses.
[2]	Adjustment reflects the fair value adjustment to time deposit accounts.
[3]	Adjustment reflects fair value adjustments of the available-for-sale portfolio at acquisition date.
[4]	Adjustment reflects the fair value adjustments based on the Company's evaluation of the acquired loan portfolio.
[5]	Adjustment reflects the write-off of certain fixed assets.
[6]	Adjustment reflects the recording of core deposit intangible asset.
[7]	Adjustment to record the deferred tax asset created by purchase adjustments.
[8]	Adjustment to reflect unrecorded liabilities.

Note 10 - Acquisition - Pro For

Note 10 - Acquisition - Pro Forma Information (Details) - Acquisition of Private Bancshares [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)$ / shares
Net interest income	$ 20,347
Net earnings	$ 4,423
Diluted earnings per common share (in dollars per share) | $ / shares	$ 0.34

Note 11 - Derivative Financia55

Note 11 - Derivative Financial Instruments and Hedging Transactions (Details Textual)	3 Months Ended
	Mar. 31, 2017USD ($)
Other Income [Member] | Fair Value Hedging [Member]
Derivative, Net Hedge Ineffectiveness Gain (Loss)	$ 16,000

Note 11 - Derivative Financia56

Note 11 - Derivative Financial Instruments and Hedging Transactions - Derivative Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Liabilities [Member]
Derivative Liability	$ (207)	$ (276)
Notional amount	15,667	15,847
Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Liabilities [Member]
Notional amount	40,268	26,624
Derivative assets	211	91
Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Assets [Member]
Derivative Liability	(211)	(91)
Notional amount	40,268	26,624
Not Designated as Hedging Instrument [Member] | Forward Commitment to Sell Mortgage-backed Securities [Member] | Other Assets [Member]
Notional amount	18,000	15,000
Derivative assets	$ (155)	$ 90

Note 12 - Subsequent Event (Det

Note 12 - Subsequent Event (Details Textual) - Acquisition of Patriot Bank [Member] - Subsequent Event [Member]	Apr. 24, 2017$ / sharesshares
Business Acquisition, Number of Shares of Acquiring Entity for Each Share of Acquired Entity | shares	0.1711
Business Acquisition, Cash for Each Shares of Acquiring Entity for Each Share of Acquired Entity Upon Conversion	$ 0.725
Business Acquisition, Stock Cancellation, Exercise Price	3
Business Acquisition, Stock Cancellation, Cash Payment Price	$ 4.25