Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 4: Loans and Allowance for Loan Losses A summary of the major categories of loans outstanding is shown in the following tables. At March 31, 2016 Commercial Commercial Construction Residential Consumer Total (In thousands) Originated loans $ 341,898 $ 515,183 $ 2,147 $ 109,201 $ 341,654 $ 1,310,083 Purchased covered loans : Gross purchased covered loans - - - 2,330 11,352 13,682 Purchased loan discount - - - - (18 ) (18 ) Purchased non-covered loans : Gross purchased non-covered loans 14,447 108,968 960 229 30,929 155,533 Purchased loan discount (931 ) (3,975 ) - (23 ) (1,155 ) (6,084 ) Total $ 355,414 $ 620,176 $ 3,107 $ 111,737 $ 382,762 $ 1,473,196 At December 31, 2015 Commercial Commercial Construction Residential Consumer Total (In thousands) Originated loans $ 368,117 $ 517,070 $ 2,978 $ 117,631 $ 346,043 $ 1,351,839 Purchased covered loans : Gross purchased covered loans - - - 2,385 11,828 14,213 Purchased loan discount - - - (133 ) (19 ) (152 ) Purchased non-covered loans : Gross purchased non-covered loans 15,620 124,650 973 231 32,454 173,928 Purchased loan discount (989 ) (4,264 ) - (23 ) (1,156 ) (6,432 ) Total $ 382,748 $ 637,456 $ 3,951 $ 120,091 $ 389,150 $ 1,533,396 Changes in the carrying amount of impaired purchased loans were as follows: For the For the Year Ended Impaired purchased loans (In thousands) Carrying amount at the beginning of the period $ 3,887 $ 4,672 Reductions during the period (2,628 ) (785 ) Carrying amount at the end of the period $ 1,259 $ 3,887 Changes in the accretable yield for purchased loans were as follows: For the For the Accretable yield: (In thousands) Balance at the beginning of the period $ 1,259 $ 2,261 Reclassification from nonaccretable difference 1,077 3,051 Accretion (1,319 ) (4,053 ) Balance at the end of the period $ 1,017 $ 1,259 Accretion $ (1,319 ) $ (4,053 ) Change in FDIC indemnification 694 698 (Increase) in interest income $ (625 ) $ (3,355 ) The following summarizes activity in the allowance for loan losses: Allowance for Loan Losses Commercial Commercial Construction Residential Consumer Purchased Purchased Unallocated Total (In thousands) Allowance for loan losses: Balance at beginning of period $ 9,559 $ 4,224 $ 177 $ 1,801 $ 7,080 $ 967 $ - $ 5,963 $ 29,771 Additions: Provision 1,214 (2 ) (47 ) (94 ) 152 (1,193 ) - (30 ) - Deductions: Chargeoffs (1,171 ) - - - (1,006 ) - - - (2,177 ) Recoveries 245 15 - - 457 1,176 - - 1,893 Net loan (losses) recoveries (926 ) 15 - - (549 ) 1,176 - - (284 ) Total allowance for loan losses $ 9,847 $ 4,237 $ 130 $ 1,707 $ 6,683 $ 950 $ - $ 5,933 $ 29,487 Allowance for Loan Losses Commercial Commercial Construction Residential Consumer Purchased Purchased Unallocated Total (In thousands) Allowance for loan losses: Balance at beginning of period $ 5,460 $ 4,245 $ 644 $ 2,241 $ 7,717 $ 2,120 $ - $ 9,058 $ 31,485 Additions: Provision (110 ) (137 ) 86 (101 ) (281 ) 247 - 296 - Deductions: Chargeoffs (60 ) - - - (995 ) (35 ) - - (1,090 ) Recoveries 180 15 - - 590 7 - - 792 Net loan recoveries (losses) 120 15 - - (405 ) (28 ) - - (298 ) Total allowance for loan losses $ 5,470 $ 4,123 $ 730 $ 2,140 $ 7,031 $ 2,339 $ - $ 9,354 $ 31,187 The allowance for loan losses and recorded investment in loans were evaluated for impairment as follows: Allowance for Loan Losses and Recorded Investment in Loans Evaluated for Impairment Commercial Commercial Construction Residential Consumer Purchased Purchased Unallocated Total (In thousands) Allowance for loan losses: Individually evaluated for impairment $ 5,831 $ 585 $ - $ - $ - $ - $ - $ - $ 6,416 Collectively evaluated for impairment 4,016 3,652 130 1,707 6,683 950 - 5,933 23,071 Purchased loans with evidence of credit deterioration - - - - - - - - - Total $ 9,847 $ 4,237 $ 130 $ 1,707 $ 6,683 $ 950 $ - $ 5,933 $ 29,487 Carrying value of loans: Individually evaluated for impairment $ 13,388 $ 7,516 $ - $ - $ - $ 11,733 $ - $ - $ 32,637 Collectively evaluated for impairment 328,510 507,667 2,147 109,201 341,654 136,658 13,463 - 1,439,300 Purchased loans with evidence of credit deterioration - - - - - 1,058 201 - 1,259 Total $ 341,898 $ 515,183 $ 2,147 $ 109,201 $ 341,654 $ 149,449 $ 13,664 $ - $ 1,473,196 Allowance for Loan Losses and Recorded Investment in Loans Evaluated for Impairment Commercial Commercial Construction Residential Consumer Purchased Purchased Unallocated Total (In thousands) Allowance for loan losses: Individually evaluated for impairment $ 4,942 $ 585 $ - $ - $ - $ - $ - $ - $ 5,527 Collectively evaluated for impairment 4,617 3,639 177 1,801 7,080 967 - 5,963 24,244 Purchased loans with evidence of credit deterioration - - - - - - - - - Total $ 9,559 $ 4,224 $ 177 $ 1,801 $ 7,080 $ 967 $ - $ 5,963 $ 29,771 Carrying value of loans: Individually evaluated for impairment $ 12,587 $ 5,541 $ - $ - $ - $ 11,777 $ - $ - $ 29,905 Collectively evaluated for impairment 355,530 511,529 2,978 117,631 346,043 152,038 13,855 - 1,499,604 Purchased loans with evidence of credit deterioration - - - - - 3,681 206 - 3,887 Total $ 368,117 $ 517,070 $ 2,978 $ 117,631 $ 346,043 $ 167,496 $ 14,061 $ - $ 1,533,396 The Bank’s customers are small businesses, professionals and consumers. Given the scale of these borrowers, corporate credit rating agencies do not evaluate the borrowers’ financial condition. The Bank maintains a Loan Review Department which reports directly to the Board of Directors. The Loan Review Department performs independent evaluations of loans and assigns credit risk grades to evaluated loans using grading standards employed by bank regulatory agencies. Loans judged to carry lower-risk attributes are assigned a “pass” grade, with a minimal likelihood of loss. Loans judged to carry higher-risk attributes are referred to as “classified loans,” and are further disaggregated, with increasing expectations for loss recognition, as “substandard,” “doubtful,” and “loss.” Loan Review Department evaluations occur every calendar quarter. If the Bank becomes aware of deterioration in a borrower’s performance or financial condition between Loan Review Department examinations, assigned risk grades are re-evaluated promptly. Credit risk grades assigned by the Loan Review Department are subject to review by the Bank’s regulatory authorities during regulatory examinations. The following summarizes the credit risk profile by internally assigned grade: Credit Risk Profile by Internally Assigned Grade Commercial Commercial Construction Residential Consumer Purchased Purchased (1) Total (In thousands) Grade: Pass $ 321,513 $ 492,359 $ 2,147 $ 106,117 $ 340,536 $ 133,109 $ 11,938 $ 1,407,719 Substandard 18,544 22,824 - 3,084 843 22,329 1,744 69,368 Doubtful 1,841 - - - 21 18 - 1,880 Loss - - - - 254 77 - 331 Purchased loan discount - - - - - (6,084 ) (18 ) (6,102 ) Total $ 341,898 $ 515,183 $ 2,147 $ 109,201 $ 341,654 $ 149,449 $ 13,664 $ 1,473,196 (1) Credit Risk Profile by Internally Assigned Grade Commercial Commercial Construction Residential Consumer Purchased Purchased (1) Total (In thousands) Grade: Pass $ 353,474 $ 496,744 $ 2,978 $ 114,525 $ 344,876 $ 149,100 $ 12,563 $ 1,474,260 Substandard 14,643 20,326 - 3,106 781 24,810 1,650 65,316 Doubtful - - - - 12 18 - 30 Loss - - - - 374 - - 374 Purchased loan discount - - - - - (6,432 ) (152 ) (6,584 ) Total $ 368,117 $ 517,070 $ 2,978 $ 117,631 $ 346,043 $ 167,496 $ 14,061 $ 1,533,396 (1) The following tables summarize loans by delinquency and nonaccrual status: Summary of Loans by Delinquency and Nonaccrual Status Current and 30-59 Days 60-89 Days Past Due 90 Nonaccrual Total Loans (In thousands) Commercial $ 338,683 $ 780 $ 308 $ - $ 2,127 $ 341,898 Commercial real estate 505,878 715 400 - 8,190 515,183 Construction 2,147 - - - - 2,147 Residential real estate 105,355 2,350 767 - 729 109,201 Consumer installment and other 338,687 2,137 647 183 - 341,654 Total originated loans 1,290,750 5,982 2,122 183 11,046 1,310,083 Purchased non-covered loans 141,930 721 40 77 6,681 149,449 Purchased covered loans 13,635 - 29 - - 13,664 Total $ 1,446,315 $ 6,703 $ 2,191 $ 260 $ 17,727 $ 1,473,196 Summary of Loans by Delinquency and Nonaccrual Status Current and 30-59 Days 60-89 Days Past Due 90 Nonaccrual Total Loans (In thousands) Commercial $ 365,450 $ 1,777 $ 122 $ - $ 768 $ 368,117 Commercial real estate 504,970 5,930 726 - 5,444 517,070 Construction 2,978 - - - - 2,978 Residential real estate 115,575 1,202 414 - 440 117,631 Consumer installment and other 341,566 3,263 919 295 - 346,043 Total originated loans 1,330,539 12,172 2,181 295 6,652 1,351,839 Purchased non-covered loans 158,554 589 7 - 8,346 167,496 Purchased covered loans 13,929 132 - - - 14,061 Total $ 1,503,022 $ 12,893 $ 2,188 $ 295 $ 14,998 $ 1,533,396 The following is a summary of the effect of nonaccrual loans on interest income: For the Three Months Ended 2016 2015 (In thousands) Interest income that would have been recognized had the loans performed in accordance with their original terms $ 280 $ 311 Less: Interest income recognized on nonaccrual loans (263 ) (205 ) Total reduction of interest income $ 17 $ 106 There were no commitments to lend additional funds to borrowers whose loans were on nonaccrual status at March 31, 2016 The following summarizes impaired loans: Impaired Loans Recorded Unpaid Related (In thousands) Impaired loans with no related allowance recorded: Commercial $ 2,099 $ 2,185 $ - Commercial real estate 16,069 20,742 - Construction 271 271 - Residential real estate 953 984 - Consumer installment and other 344 451 - Impaired loans with an allowance recorded: Commercial 11,634 12,452 5,831 Commercial real estate 4,660 5,109 585 Construction - - - Residential real estate - - - Consumer installment and other - - - Total: Commercial $ 13,733 $ 14,637 $ 5,831 Commercial real estate 20,729 25,851 585 Construction 271 271 - Residential real estate 953 984 - Consumer installment and other 344 451 - Impaired Loans Recorded Unpaid Related (In thousands) Impaired loans with no related allowance recorded: Commercial $ 2,917 $ 2,979 $ - Commercial real estate 16,309 21,168 - Construction 271 271 - Residential real estate 666 697 - Consumer installment and other 350 456 - Impaired loans with an allowance recorded: Commercial 10,170 10,170 4,942 Commercial real estate 4,660 5,109 585 Construction - - - Residential real estate - - - Consumer installment and other - - - Total: Commercial $ 13,087 $ 13,149 $ 4,942 Commercial real estate 20,969 26,277 585 Construction 271 271 - Residential real estate 666 697 - Consumer installment and other 350 456 - Impaired loans include troubled debt restructured loans. Impaired loans at March 31, 2016, included $ 19,645 12,114 15,712 7,464 Impaired Loans 2016 2015 Average Recognized Average Recognized (In thousands) Commercial $ 13,410 $ 133 $ 12,226 $ 146 Commercial real estate 20,849 159 18,318 257 Construction 271 - 917 - Residential real estate 810 4 860 6 Consumer installment and other 347 6 1,254 6 Total $ 35,687 $ 302 $ 33,575 $ 415 The following table provides information on troubled debt restructurings: Troubled Debt Restructurings At March 31, 2016 Number of Pre-Modification Period-End Period-End (In thousands) Commercial 7 $ 2,568 $ 2,156 $ 194 Commercial real estate 11 17,587 17,265 585 Residential real estate 1 242 224 - Total 19 $ 20,397 $ 19,645 $ 779 Troubled Debt Restructurings At December 31, 2015 Number of Pre-Modification Period-End Period-End (In thousands) Commercial 6 $ 3,138 $ 2,802 $ 194 Commercial real estate 10 12,927 12,684 - Residential real estate 1 242 226 - Total 17 $ 16,307 $ 15,712 $ 194 During the three months ended March 31, 2016, the Company modified three 4,757 There were no loans restricted due to collateral requirements at March 31, 2016 There were no loans held for sale at March 31, 2016 At March 31, 2016 and December 31, 2015, the Company held total other real estate owned (OREO) of $ 8,438 2,102 9,264 1,986 -0- -0- |