Document_And_Entity_Informatio
Document And Entity Information | 3 Months Ended | |
Mar. 31, 2014 | Apr. 25, 2014 | |
Document and Entity Information [Abstract] | ' | ' |
Entity Registrant Name | 'PALMETTO BANCSHARES INC | ' |
Document Type | '10-Q | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Common Stock, Shares Outstanding | ' | 12,792,509 |
Amendment Flag | 'false | ' |
Entity Central Index Key | '0000706874 | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Voluntary Filers | 'No | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Well-known Seasoned Issuer | 'No | ' |
Document Period End Date | 31-Mar-14 | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q1 | ' |
Consolidated_Balance_Sheets_Un
Consolidated Balance Sheets (Unaudited) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Cash and cash equivalents | ' | ' |
Cash and due from banks | $65,942 | $38,178 |
Total cash and cash equivalents | 65,942 | 38,178 |
Federal Home Loan Bank stock, at cost | 1,881 | 2,950 |
Trading account assets, at fair value | 5,247 | 5,118 |
Investment securities available for sale, at fair value | 208,772 | 214,383 |
Mortgage loans held for sale | 2,474 | 1,722 |
Loans, gross | 755,878 | 767,513 |
Less: allowance for loan losses | -16,243 | -16,485 |
Loans, net | 739,635 | 751,028 |
Premises and equipment, net | 22,980 | 23,367 |
Accrued interest receivable | 3,472 | 3,535 |
Foreclosed real estate | 7,490 | 7,502 |
Deferred tax asset, net | 20,546 | 22,087 |
Bank-owned life insurance | 11,691 | 11,617 |
Other assets | 9,277 | 8,742 |
Total assets | 1,099,407 | 1,090,229 |
Deposits | ' | ' |
Noninterest-bearing | 191,474 | 178,075 |
Interest-bearing | 736,559 | 729,285 |
Total deposits | 928,033 | 907,360 |
Retail repurchase agreements | 17,319 | 18,175 |
Federal Home Loan Bank advances | 20,000 | 35,000 |
Other liabilities | 7,103 | 5,877 |
Total liabilities | 972,455 | 966,412 |
Preferred stock - par value $0.01 per share; authorized 2,500,000 shares; none issued and outstanding | 0 | 0 |
Common stock - par value $0.01 per share; authorized 75,000,000 shares; 12,792,509 and 12,784,605 issued and outstanding at March 31, 2014 and December 31, 2013, respectively | 127 | 127 |
Capital surplus | 144,876 | 144,624 |
Accumulated deficit | -8,613 | -10,641 |
Accumulated other comprehensive loss, net of tax | -9,438 | -10,293 |
Total shareholders' equity | 126,952 | 123,817 |
Total liabilities and shareholders' equity | $1,099,407 | $1,090,229 |
Consolidated_Balance_Sheets_Un1
Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Preferred stock - par value (in Dollars per share) | $0.01 | $0.01 |
Preferred stock - shares authorized | 2,500,000 | 2,500,000 |
Preferred stock - shares issued | 0 | 0 |
Preferred stock - shares outstanding | 0 | 0 |
Common stock - par value (in Dollars per share) | $0.01 | $0.01 |
Common stock - shares authorized | 75,000,000 | 75,000,000 |
Common stock - shares issued | 12,792,509 | 12,784,605 |
Common stock - shares outstanding | 12,792,509 | 12,784,605 |
Consolidated_Statements_of_Inc
Consolidated Statements of Income (Loss) (Unaudited) (USD $) | 3 Months Ended | |
In Thousands, except Share data, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Interest income | ' | ' |
Interest earned on cash and cash equivalents | $14 | $35 |
Dividends received on Federal Home Loan Bank stock | 14 | ' |
Interest earned on trading account assets | 46 | ' |
Interest earned on investment securities available for sale | 1,004 | 1,010 |
Interest and fees earned on loans | 8,998 | 9,819 |
Total interest income | 10,076 | 10,864 |
Interest expense | ' | ' |
Interest expense on deposits | 127 | 895 |
Interest expense on Federal Home Loan Bank advances | 16 | ' |
Total interest expense | 143 | 895 |
Net interest income | 9,933 | 9,969 |
Provision for loan losses | ' | 350 |
Net interest income after provision for loan losses | 9,933 | 9,619 |
Noninterest income | ' | ' |
Service charges on deposit accounts, net | 1,562 | 1,554 |
Fees for trust, investment management and brokerage services | 146 | 769 |
Mortgage-banking | 461 | 571 |
Debit card and automatic teller machine income, net | 586 | 499 |
Bankcard services | 67 | 60 |
Investment securities gains, net | 85 | ' |
Trading account income, net | 171 | ' |
Other | 288 | 292 |
Total noninterest income | 3,366 | 3,745 |
Noninterest expense | ' | ' |
Salaries and other personnel | 4,790 | 5,098 |
Occupancy | 1,097 | 1,067 |
Furniture and equipment | 1,045 | 900 |
Professional services | 813 | 427 |
Federal Deposit Insurance Corporation deposit insurance assessment | 356 | 370 |
Marketing | 255 | 142 |
Foreclosed real estate writedowns and expenses | 313 | 452 |
Loan workout | 131 | 212 |
Other | 1,289 | 1,707 |
Total noninterest expense | 10,089 | 10,375 |
Income before provision for income taxes | 3,210 | 2,989 |
Provision for income taxes | 1,182 | 813 |
Net income | $2,028 | $2,176 |
Common and per share data | ' | ' |
Net income - basic (in Dollars per share) | $0.16 | $0.17 |
Net income - diluted (in Dollars per share) | $0.16 | $0.17 |
Cash dividends (in Dollars per share) | $0 | $0 |
Book value (in Dollars per share) | $9.92 | $7.82 |
Average common shares issued and outstanding (in Shares) | 12,675,257 | 12,650,766 |
Average diluted common shares issued and outstanding (in Shares) | 12,707,444 | 12,650,766 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Net income | $2,028 | $2,176 |
Investment securities available for sale | ' | ' |
Increase (decrease) in net unrealized gains | 1,293 | -1,732 |
Plus: reclassification adjustment of net gains included in net income | 85 | ' |
Increase (decrease) in net unrealized gains on investment securities available for sale | 1,378 | -1,732 |
Other comprehensive income (loss), pretax | 1,378 | -1,732 |
Provision (benefit) for income taxes related to items of other comprehensive income (loss) | 523 | -657 |
Other comprehensive income (loss), net of tax | 855 | -1,075 |
Comprehensive income | $2,883 | $1,101 |
Consolidated_Statements_of_Cha
Consolidated Statements of Changes in Shareholdersb Equity (Unaudited) (USD $) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Total |
In Thousands, except Share data | |||||
Balance at Dec. 31, 2012 | $127 | $143,342 | ($38,372) | ($6,717) | $98,380 |
Balance (in Shares) at Dec. 31, 2012 | 12,754,045 | ' | ' | ' | ' |
Net Income (Loss) | ' | ' | 2,176 | ' | 2,176 |
Other comprehensive loss, net of tax | ' | ' | ' | -1,075 | -1,075 |
Compensation expense related to stock options granted under equity award plans | ' | 328 | ' | ' | 328 |
Common stock issued related to restricted stock granted under equity award plans, net of forfeitures (in Shares) | 8,407 | ' | ' | ' | ' |
Balance at Mar. 31, 2013 | 127 | 143,670 | -36,196 | -7,792 | 99,809 |
Balance (in Shares) at Mar. 31, 2013 | 12,762,452 | ' | ' | ' | ' |
Balance at Dec. 31, 2013 | 127 | 144,624 | -10,641 | -10,293 | 123,817 |
Balance (in Shares) at Dec. 31, 2013 | 12,784,605 | ' | ' | ' | ' |
Net Income (Loss) | ' | ' | 2,028 | ' | 2,028 |
Other comprehensive loss, net of tax | ' | ' | ' | 855 | 855 |
Compensation expense related to stock options granted under equity award plans | ' | 252 | ' | ' | 252 |
Common stock issued related to restricted stock granted under equity award plans, net of forfeitures (in Shares) | 7,904 | ' | ' | ' | ' |
Balance at Mar. 31, 2014 | $127 | $144,876 | ($8,613) | ($9,438) | $126,952 |
Balance (in Shares) at Mar. 31, 2014 | 12,792,509 | ' | ' | ' | ' |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (Unaudited) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Net income | $2,028 | $2,176 |
Adjustments to reconcile net income to net cash provided by operating activities | ' | ' |
Depreciation | 593 | 639 |
Amortization of unearned discounts / premiums on investment securities available for sale, net | 845 | 1,572 |
Provision for loan losses | ' | 350 |
Provision for unfunded commitments | -17 | 242 |
Trading account income, net | -171 | ' |
Reduction in trading account assets, net | 42 | ' |
Net periodic pension expense | 206 | 169 |
Gain on sales of mortgage loans held for sale, net | -363 | -549 |
Gain on sales of Small Business Administration loans | -70 | -173 |
Writedowns and losses on sales of foreclosed real estate, net | 203 | 359 |
Investment securities gains, net | -85 | ' |
Originations of mortgage loans held for sale | -12,547 | -19,798 |
Proceeds from sales of mortgage loans held for sale | 12,158 | 19,405 |
Proceeds from sales of Small Business Administration loans | 1,236 | 1,903 |
Compensation expense on equity-based awards | 252 | 328 |
Increase in cash surrender value of bank-owned life insurance | -74 | ' |
Contribution to defined benefit pension plan | ' | -163 |
Decrease in interest receivable and other assets, net | 546 | 790 |
Increase in interest payable and other liabilities, net | 1,037 | 855 |
Net cash provided by operating activities | 5,819 | 8,105 |
Investing Activities | ' | ' |
Proceeds from sales of investment securities available for sale | 14,956 | ' |
Proceeds from maturities and repayments of investment securities available for sale | 6,273 | 17,760 |
Purchases of investment securities available for sale | -15,000 | -22,360 |
Purchases of Federal Home Loan Bank stock | -225 | ' |
Proceeds from redemption of Federal Home Loan Bank stock | 1,294 | 431 |
Decrease in gross loans, net | 9,772 | 3,813 |
Proceeds from sales of foreclosed real estate | 264 | 765 |
Purchases of premises and equipment, net | -206 | -440 |
Net cash provided by (used for) investing activities | 17,128 | -31 |
Financing Activities | ' | ' |
Increase in transaction, money market and savings deposits, net | 30,044 | 24,458 |
Decrease in time deposits, net | -9,371 | -75,504 |
Increase (decrease) in retail repurchase agreements, net | -856 | 2,349 |
Proceeds from Federal Home Loan Bank advances | 20,000 | ' |
Repayment of Federal Home Loan Bank advances | -35,000 | ' |
Net cash provided by (used for) financing activities | 4,817 | -48,697 |
Net change in cash and due from banks | 27,764 | -40,623 |
Cash and due from banks, beginning of period | 38,178 | 101,385 |
Cash and due from banks, end of period | 65,942 | 60,762 |
Cash paid during the period for: | ' | ' |
Interest expense | 153 | 1,129 |
Income taxes | 970 | ' |
Significant noncash activities | ' | ' |
Increase (decrease) in net unrealized gains on investment securities available for sale, net of tax | 855 | -1,075 |
Loans transferred from gross loans to other loans held for sale | 1,166 | 1,730 |
Loans transferred from gross loans to foreclosed real estate, at fair value | $455 | $1,270 |
Note_1_Summary_of_Significant_
Note 1 - Summary of Significant Accounting Policies | 3 Months Ended |
Mar. 31, 2014 | |
Accounting Policies [Abstract] | ' |
Significant Accounting Policies [Text Block] | ' |
1. Summary of Significant Accounting Policies | |
Nature of Operations | |
Palmetto Bancshares, Inc. (the "Company") is a South Carolina bank holding company organized in 1982 and headquartered in Greenville, South Carolina. The Company serves as the bank holding company for The Palmetto Bank (the “Bank”), which began operations in 1906. Also headquartered in Greenville, South Carolina, The Palmetto Bank is the third largest banking institution headquartered in South Carolina. The Palmetto Bank serves the Upstate of South Carolina through 25 branch locations in nine counties along the economically attractive I-85 corridor, as well as 24/7/365 service through online and mobile banking and automatic teller machines. Through its Retail, Commercial and Wealth Management lines of business, the Bank specializes in providing financial solutions to consumers and small to mid-size businesses with deposit and cash management products, loans (including consumer, mortgage, credit card, automobile, Small Business Administration (“SBA”), commercial and corporate), lines of credit, trust, brokerage, private banking, financial planning and insurance. | |
Principles of Consolidation / Basis of Presentation | |
The accompanying Consolidated Financial Statements include the accounts of Palmetto Bancshares, Inc., the Bank and subsidiaries of the Bank (also collectively referred to as the “Company,” “we,” “us” or “our”). In management’s opinion, all significant intercompany accounts and transactions have been eliminated in consolidation, and all adjustments necessary for a fair presentation of the financial condition and results of operations for the periods presented have been included. Any such adjustments are of a normal and recurring nature. Assets held by the Company in a fiduciary or agency capacity for clients are not included in the Company’s Consolidated Financial Statements because those items do not represent assets of the Company. The accounting and financial reporting policies of the Company conform, in all material respects, to accounting principles generally accepted in the United States of America (“GAAP”) and to general practices within the financial services industry. | |
The Consolidated Financial Statements at and for the three months ended March 31, 2014 and 2013 contained in this Quarterly Report on Form 10-Q have not been audited by our independent registered public accounting firm. The Consolidated Financial Statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q adopted by the Securities and Exchange Commission (the “SEC”). Accordingly, the Consolidated Financial Statements do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Consolidated Financial Statements and notes thereto for the year ended December 31, 2013 included in our Annual Report on Form 10-K filed with the SEC on March 5, 2014 (the “2013 Annual Report on Form 10-K”). | |
Subsequent Events | |
Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet including the estimates inherent in the process of preparing financial statements. Unrecognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. The Company has reviewed events occurring through the issuance date of the Consolidated Financial Statements and no subsequent events have occurred requiring accrual or disclosure in these financial statements other than those included in this Quarterly Report on Form 10-Q. | |
Business Segments | |
Operating segments are components of an enterprise about which separate financial information is available and evaluated regularly by the Company’s chief operating decision makers in deciding how to allocate resources and assess performance. Public enterprises are required to report a measure of segment profit or loss, certain specific revenue and expense items for each segment, segment assets and information about the way that the operating segments were determined, among other items. | |
The Company considers business segments by analyzing distinguishable components that are engaged in providing individual products, services or groups of related products or services and that are subject to risks and returns that are different from those of other business segments. When determining whether products and services are related, the Company considers the nature of the products or services, the nature of the production processes, the type or class of client for which the products or services are designed and the methods used to distribute the products or provide the services. | |
For the past several years, we have been realigning our organizational structure and more specifically delineating our businesess for improved accountability and go-to-market strategies. The Company has limited financial information for these businesses, and we do not yet have financial information that meets the criteria to be considered reportable segments. Accordingly, at March 31, 2014, the Company had one reportable business segment, banking. | |
Use of Estimates | |
In preparing the Consolidated Financial Statements, the Company’s management makes estimates and assumptions that impact the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates and for the periods indicated in the Consolidated Financial Statements. Actual results could differ from these estimates and assumptions. Therefore, the results of operations for the three months ended March 31, 2014 are not necessarily indicative of the results of operations that may be expected in future periods. | |
Reclassifications | |
Certain amounts previously presented in our Consolidated Financial Statements for prior periods have been reclassified to conform to current classifications. All such reclassifications had no impact on the prior periods’ net income, comprehensive income or shareholders’ equity as previously reported. | |
Recently Adopted Authoritative Pronouncements | |
In May 2013, the Committee of Sponsoring Organizations (“COSO”) of the Treadway Commission issued its updated Internal Control–Integrated Framework and related illustrative documents. The updated framework was written to reflect the changes in business in the two decades since the first version was released in 1992. The Company transitioned from the 1992 framework to the 2013 framework during the first quarter 2014. | |
In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2013-11 Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (“ASU 2013-11”) to provide guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists thereby reducing diversity in practice. The amendments in ASU 2013-11 became effective for the Company on January 1, 2014 and did not have a material impact on the Company’s financial position, results of operations or cash flows. | |
In January 2014, the FASB issued ASU 2014-04 Receivables—Troubled Debt Restructurings by Creditors (Topic 310): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure (“ASU 2014-04”) to address the reclassification of consumer mortgage loans collateralized by residential real estate upon foreclosure. The amendments clarify the criteria for concluding that an in substance repossession or foreclosure has occurred, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan. ASU 2014-04 became effective for the Company on January 1, 2014 and did not have a material impact on the Company’s financial position, results of operations or cash flows. | |
Recently Issued Authoritative Pronouncements | |
In January 2014, the FASB issued ASU 2014-01, Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects (a Consensus of the FASB Emerging Issues Task Force) (“ASU 2014-01”) to modify the criteria an entity must meet to account for a low-income housing tax credit investment by using the measurement and presentation alternative in Accounting Standards Codification (“ASC”) 323-740. This method permits an investment’s performance to be presented net of the related tax benefits as part of income tax expense. ASU 2014-01 is likely to increase the number of low-income housing tax credit investments that would qualify for this method. The new guidance also simplifies the amortization method an entity uses when it qualifies for and elects to apply the accounting permitted under ASC 323-740 by establishing a proportional-amortization method that replaces the effective-yield method previously required. The amendments should be applied retrospectively to all periods presented and are effective for public entities for annual periods, and interim reporting periods within those annual periods, beginning after December 15, 2014. The Company does not expect the adoption of ASU 2014-01 to have a material impact on its financial position, results of operations or cash flows. | |
Other accounting standards that have been recently issued by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows. |
Note_2_Cash_and_Cash_Equivalen
Note 2 - Cash and Cash Equivalents | 3 Months Ended |
Mar. 31, 2014 | |
Cash and cash equivalents [Abstract] | ' |
Cash and Cash Equivalents Disclosure [Text Block] | ' |
2. Cash and Cash Equivalents | |
Required Reserve Balances | |
The Federal Reserve Act requires each depository institution to maintain cash reserves against certain liabilities. The Bank reports these liabilities to the Board of Governors of the Federal Reserve System (the “Federal Reserve”) on a weekly basis and maintains reserves on these liabilities with a 30-day lag. As of March 31, 2014, after taking into consideration the Bank’s levels of vault cash, reserves of $1.5 million were maintained with the Federal Reserve. | |
Concentrations and Restrictions | |
In an effort to manage counterparty risk, the Company generally does not sell federal funds to other financial institutions. Federal funds are essentially uncollateralized overnight loans. The Company regularly evaluates the risk associated with the counterparties to these potential transactions to ensure that it would not be exposed to any significant risks with regard to cash and cash equivalent balances if it were to sell federal funds. | |
Restricted cash and cash equivalents pledged as collateral relative to public funds and other agreements totaled $250 thousand and $706 thousand at March 31, 2014 and December 31, 2013, respectively. |
Note_3_Trading_Account_Assets
Note 3 - Trading Account Assets | 3 Months Ended | ||||||||||||||||||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||||||||||||||||||
Trading Securities [Member] | ' | ||||||||||||||||||||||||||||||||||||
Note 3 - Trading Account Assets [Line Items] | ' | ||||||||||||||||||||||||||||||||||||
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | ' | ||||||||||||||||||||||||||||||||||||
3. Trading Account Assets | |||||||||||||||||||||||||||||||||||||
The following table summarizes the components of trading account assets at the dates indicated (in thousands). | |||||||||||||||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||||||
Municipal bonds | $ | 4,815 | $ | 3,771 | |||||||||||||||||||||||||||||||||
Insured bank deposits | 432 | 1,347 | |||||||||||||||||||||||||||||||||||
Total trading account assets | $ | 5,247 | $ | 5,118 | |||||||||||||||||||||||||||||||||
The following table summarizes net realized gains and the change in fair value relative to trading account assets included in the Consolidated Statement of Income for the three months ended March 31, 2014 (in thousands). The investment in the trading account was made in September 2013; accordingly, there is no data to report for the three months ended March 31, 2013. | |||||||||||||||||||||||||||||||||||||
Municipal bonds | |||||||||||||||||||||||||||||||||||||
Realized gains, net | $ | 178 | |||||||||||||||||||||||||||||||||||
Unrealized losses, net due to changes in fair value relative to assets held at end of period | (7 | ) | |||||||||||||||||||||||||||||||||||
Total trading account income, net | $ | 171 | |||||||||||||||||||||||||||||||||||
Trading account assets may not be withdrawn from the account until September 2014. | |||||||||||||||||||||||||||||||||||||
Ratings | |||||||||||||||||||||||||||||||||||||
The following tables summarize Moody’s and Standard and Poor’s ratings of municipal bond trading account assets, based on fair value, at March 31, 2014. | |||||||||||||||||||||||||||||||||||||
Moody's | |||||||||||||||||||||||||||||||||||||
ratings | |||||||||||||||||||||||||||||||||||||
Aaa | 5 | ||||||||||||||||||||||||||||||||||||
Aa1 - Aa3 | 43 | ||||||||||||||||||||||||||||||||||||
A1 - A3 | 29 | ||||||||||||||||||||||||||||||||||||
Not rated | 23 | ||||||||||||||||||||||||||||||||||||
Total | 100 | ||||||||||||||||||||||||||||||||||||
Standard and | |||||||||||||||||||||||||||||||||||||
Poor's Ratings | |||||||||||||||||||||||||||||||||||||
AAA | 13 | ||||||||||||||||||||||||||||||||||||
AA+ - AA- | 50 | ||||||||||||||||||||||||||||||||||||
A+ - A- | 18 | ||||||||||||||||||||||||||||||||||||
BBB+ - BBB | 1 | ||||||||||||||||||||||||||||||||||||
Not rated | 18 | ||||||||||||||||||||||||||||||||||||
Total | 100 | ||||||||||||||||||||||||||||||||||||
All municipal bond trading account assets were rated by either Moody’s or Standard and Poor’s at March 31, 2014. | |||||||||||||||||||||||||||||||||||||
Available-for-sale Securities [Member] | ' | ||||||||||||||||||||||||||||||||||||
Note 3 - Trading Account Assets [Line Items] | ' | ||||||||||||||||||||||||||||||||||||
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | ' | ||||||||||||||||||||||||||||||||||||
4. Investment Securities Available for Sale | |||||||||||||||||||||||||||||||||||||
The following tables summarize the amortized cost, gross unrealized gains and losses included in accumulated other comprehensive loss and fair values of investment securities available for sale at the dates indicated (in thousands). | |||||||||||||||||||||||||||||||||||||
31-Mar-14 | |||||||||||||||||||||||||||||||||||||
Amortized cost | Gross | Gross | Fair value | ||||||||||||||||||||||||||||||||||
unrealized | unrealized | ||||||||||||||||||||||||||||||||||||
gains | losses | ||||||||||||||||||||||||||||||||||||
U.S. agency | $ | 1,940 | $ | 3 | $ | - | $ | 1,943 | |||||||||||||||||||||||||||||
State and municipal | 7,247 | 98 | (49 | ) | 7,296 | ||||||||||||||||||||||||||||||||
Collateralized mortgage obligations (federal agencies) | 89,979 | 27 | (3,139 | ) | 86,867 | ||||||||||||||||||||||||||||||||
Other mortgage-backed (federal agencies) | 77,459 | 193 | (623 | ) | 77,029 | ||||||||||||||||||||||||||||||||
SBA loan-backed (federal agency) | 35,589 | 170 | (122 | ) | 35,637 | ||||||||||||||||||||||||||||||||
Total investment securities available for sale | $ | 212,214 | $ | 491 | $ | (3,933 | ) | $ | 208,772 | ||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||
Amortized cost | Gross | Gross | Fair value | ||||||||||||||||||||||||||||||||||
unrealized | unrealized | ||||||||||||||||||||||||||||||||||||
gains | losses | ||||||||||||||||||||||||||||||||||||
State and municipal | $ | 7,393 | $ | 138 | $ | (71 | ) | $ | 7,460 | ||||||||||||||||||||||||||||
Collateralized mortgage obligations (federal agencies) | 97,303 | 30 | (4,201 | ) | 93,132 | ||||||||||||||||||||||||||||||||
Other mortgage-backed (federal agencies) | 76,852 | 95 | (927 | ) | 76,020 | ||||||||||||||||||||||||||||||||
SBA loan-backed (federal agency) | 37,655 | 258 | (142 | ) | 37,771 | ||||||||||||||||||||||||||||||||
Total investment securities available for sale | $ | 219,203 | $ | 521 | $ | (5,341 | ) | $ | 214,383 | ||||||||||||||||||||||||||||
The following tables summarize securities in each category of investment securities available for sale that were in an unrealized loss position at the dates indicated (dollars in thousands). | |||||||||||||||||||||||||||||||||||||
31-Mar-14 | |||||||||||||||||||||||||||||||||||||
Less than 12 months | 12 months or longer | Total | |||||||||||||||||||||||||||||||||||
# | Fair value | Gross | # | Fair value | Gross | # | Fair value | Gross | |||||||||||||||||||||||||||||
unrealized | unrealized | unrealized | |||||||||||||||||||||||||||||||||||
losses | losses | losses | |||||||||||||||||||||||||||||||||||
U.S. agency | - | $ | - | $ | - | - | $ | - | $ | - | - | $ | - | $ | - | ||||||||||||||||||||||
State and municipal | 1 | 1,030 | 49 | - | - | - | 1 | 1,030 | 49 | ||||||||||||||||||||||||||||
Collateralized mortgage obligations (federal agencies) | 7 | 33,068 | 780 | 13 | 47,898 | 2,359 | 20 | 80,966 | 3,139 | ||||||||||||||||||||||||||||
Other mortgage-backed (federal agencies) | 17 | 36,702 | 503 | 1 | 1,536 | 120 | 18 | 38,238 | 623 | ||||||||||||||||||||||||||||
SBA loan-backed (federal agency) | 5 | 17,838 | 49 | 3 | 5,146 | 73 | 8 | 22,984 | 122 | ||||||||||||||||||||||||||||
Total | 30 | $ | 88,638 | $ | 1,381 | 17 | $ | 54,580 | $ | 2,552 | 47 | $ | 143,218 | $ | 3,933 | ||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||
Less than 12 months | 12 months or longer | Total | |||||||||||||||||||||||||||||||||||
# | Fair value | Gross | # | Fair value | Gross | # | Fair value | Gross unrealized losses | |||||||||||||||||||||||||||||
unrealized | unrealized | ||||||||||||||||||||||||||||||||||||
losses | losses | ||||||||||||||||||||||||||||||||||||
State and municipal | 1 | $ | 1,010 | $ | 71 | - | $ | - | $ | - | 1 | $ | 1,010 | $ | 71 | ||||||||||||||||||||||
Collateralized mortgage obligations (federal agencies) | 14 | 62,251 | 2,863 | 9 | 29,123 | 1,338 | 23 | 91,374 | 4,201 | ||||||||||||||||||||||||||||
Other mortgage-backed (federal agencies) | 20 | 64,428 | 774 | 1 | 1,517 | 153 | 21 | 65,945 | 927 | ||||||||||||||||||||||||||||
SBA loan-backed (federal agency) | 4 | 14,468 | 73 | 3 | 5,306 | 69 | 7 | 19,774 | 142 | ||||||||||||||||||||||||||||
Total | 39 | $ | 142,157 | $ | 3,781 | 13 | $ | 35,946 | $ | 1,560 | 52 | $ | 178,103 | $ | 5,341 | ||||||||||||||||||||||
Other-Than-Temporary Impairment | |||||||||||||||||||||||||||||||||||||
Based on the Company’s other-than-temporary impairment analysis at March 31, 2014, the Company concluded that gross unrealized losses detailed in the preceding table were due to changes in market interest rates and were not other-than-temporarily impaired as of that date. | |||||||||||||||||||||||||||||||||||||
Ratings | |||||||||||||||||||||||||||||||||||||
The following table summarizes Moody’s ratings of investment securities available for sale, based on fair value, at March 31, 2014. | |||||||||||||||||||||||||||||||||||||
U.S. | State | Collateralized | Other | SBA | |||||||||||||||||||||||||||||||||
agency | and | mortgage obligations | mortgage-backed | loan-backed | |||||||||||||||||||||||||||||||||
municipal | (federal agencies) | (federal agencies) | (federal agency) | ||||||||||||||||||||||||||||||||||
Aaa | 100 | % | - | % | 100 | % | 100 | % | 100 | ||||||||||||||||||||||||||||
Aa1 - A2 | - | 77 | - | - | - | ||||||||||||||||||||||||||||||||
Baa1 | - | 6 | - | - | - | ||||||||||||||||||||||||||||||||
Not rated | - | 17 | - | - | - | ||||||||||||||||||||||||||||||||
Total | 100 | % | 100 | % | 100 | % | 100 | % | 100 | ||||||||||||||||||||||||||||
The following table summarizes Standard and Poor’s ratings of investment securities available for sale, based on fair value, at March 31, 2014. | |||||||||||||||||||||||||||||||||||||
U.S. | State | Collateralized | Other | SBA | |||||||||||||||||||||||||||||||||
agency | and | mortgage obligations | mortgage-backed | loan-backed | |||||||||||||||||||||||||||||||||
municipal | (federal agencies) | (federal agencies) | (federal agency) | ||||||||||||||||||||||||||||||||||
Aaa | - | % | - | % | - | % | - | % | - | % | |||||||||||||||||||||||||||
Aa+ | 100 | 15 | 100 | 100 | 100 | ||||||||||||||||||||||||||||||||
Aa - Aa- | - | 30 | - | - | - | ||||||||||||||||||||||||||||||||
Not rated | - | 55 | - | - | - | ||||||||||||||||||||||||||||||||
Total | 100 | % | 100 | % | 100 | % | 100 | % | 100 | % | |||||||||||||||||||||||||||
All state and municipal securities were rated by either Moody’s or Standard and Poor’s at March 31, 2014. | |||||||||||||||||||||||||||||||||||||
Maturities | |||||||||||||||||||||||||||||||||||||
The following table summarizes the amortized cost and fair value of investment securities available for sale at March 31, 2014 by contractual maturity and estimated principal repayment distribution (in thousands). United States (“U.S.”) agency and state and municipal securities are organized based on contractual maturity. Principal amounts on collateralized mortgage obligations, other mortgage-backed securities and SBA loan-backed securities are not due at a single maturity date and are subject to early repayment based on prepayment activity of underlying loans. Therefore, collateralized mortgage obligations, other mortgage-backed securities and SBA loan-backed securities are organized based on estimated cash flows using current prepayment assumptions. | |||||||||||||||||||||||||||||||||||||
Amortized cost | Fair value | ||||||||||||||||||||||||||||||||||||
Due in one year or less | $ | - | $ | - | |||||||||||||||||||||||||||||||||
Due after one year through five years | - | - | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | 1,940 | 1,943 | |||||||||||||||||||||||||||||||||||
Due after ten years | - | - | |||||||||||||||||||||||||||||||||||
U.S. agency | 1,940 | 1,943 | |||||||||||||||||||||||||||||||||||
Due in one year or less | 3,112 | 3,137 | |||||||||||||||||||||||||||||||||||
Due after one year through five years | 1,971 | 2,043 | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | 2,164 | 2,116 | |||||||||||||||||||||||||||||||||||
Due after ten years | - | - | |||||||||||||||||||||||||||||||||||
State and municipal | 7,247 | 7,296 | |||||||||||||||||||||||||||||||||||
Due in one year or less | 2,038 | 2,041 | |||||||||||||||||||||||||||||||||||
Due after one year through five years | 8,242 | 8,073 | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | 79,699 | 76,753 | |||||||||||||||||||||||||||||||||||
Due after ten years | - | - | |||||||||||||||||||||||||||||||||||
Collateralized mortgage obligations (federal agencies) | 89,979 | 86,867 | |||||||||||||||||||||||||||||||||||
Due in one year or less | 773 | 773 | |||||||||||||||||||||||||||||||||||
Due after one year through five years | 35,621 | 35,768 | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | 16,712 | 16,392 | |||||||||||||||||||||||||||||||||||
Due after ten years | 24,353 | 24,096 | |||||||||||||||||||||||||||||||||||
Other mortgage-backed (federal agencies) | 77,459 | 77,029 | |||||||||||||||||||||||||||||||||||
Due in one year or less | - | - | |||||||||||||||||||||||||||||||||||
Due after one year through five years | 24,505 | 24,429 | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | - | - | |||||||||||||||||||||||||||||||||||
Due after ten years | 11,084 | 11,208 | |||||||||||||||||||||||||||||||||||
SBA loan-backed (federal agency) | 35,589 | 35,637 | |||||||||||||||||||||||||||||||||||
Due in one year or less | 5,923 | 5,951 | |||||||||||||||||||||||||||||||||||
Due after one year through five years | 70,339 | 70,313 | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | 100,515 | 97,204 | |||||||||||||||||||||||||||||||||||
Due after ten years | 35,437 | 35,304 | |||||||||||||||||||||||||||||||||||
Total investment securities available for sale | $ | 212,214 | $ | 208,772 | |||||||||||||||||||||||||||||||||
Pledged | |||||||||||||||||||||||||||||||||||||
Investment securities were pledged as collateral for the following purposes at the dates indicated (in thousands). | |||||||||||||||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||||||
Public funds deposits | $ | 84,368 | $ | 75,718 | |||||||||||||||||||||||||||||||||
Retail repurchase agreements | 27,044 | 25,626 | |||||||||||||||||||||||||||||||||||
Federal Reserve line of credit | 1,461 | 1,459 | |||||||||||||||||||||||||||||||||||
Correspondent bank lines of credit | 16,041 | 16,788 | |||||||||||||||||||||||||||||||||||
Total investment securities available for sale pledged | $ | 128,914 | $ | 119,591 | |||||||||||||||||||||||||||||||||
Realized Gains and Losses | |||||||||||||||||||||||||||||||||||||
The following table summarizes the gross realized gains and losses from sales of investment securities available for sale for the periods indicated (in thousands). | |||||||||||||||||||||||||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||||||
Realized gains | $ | 125 | $ | - | |||||||||||||||||||||||||||||||||
Realized losses | (40 | ) | - | ||||||||||||||||||||||||||||||||||
Total investment securities gains, net | $ | 85 | $ | - | |||||||||||||||||||||||||||||||||
Note_5_Loans
Note 5 - Loans | 3 Months Ended | ||||||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||||||
Receivables [Abstract] | ' | ||||||||||||||||||||||||
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | ' | ||||||||||||||||||||||||
5. Loans | |||||||||||||||||||||||||
In the tables below, loan classes are based on the Federal Deposit Insurance Corporation’s (“FDIC”) classification code, and portfolio segments are an aggregation of those classes based on the methodology used to develop and document the allowance for loan losses. FDIC classification codes are based on the underlying loan collateral. | |||||||||||||||||||||||||
Composition | |||||||||||||||||||||||||
The following table summarizes gross loans, categorized by portfolio segment, at the dates indicated (dollars in thousands). | |||||||||||||||||||||||||
31-Mar-14 | 31-Dec-13 | ||||||||||||||||||||||||
Total | % of total | Total | % of total | ||||||||||||||||||||||
Commercial real estate | $ | 445,153 | 58.9 | % | $ | 455,452 | 59.4 | % | |||||||||||||||||
Single-family residential | 176,454 | 23.3 | 178,125 | 23.2 | |||||||||||||||||||||
Commercial and industrial | 72,477 | 9.6 | 73,078 | 9.5 | |||||||||||||||||||||
Consumer | 51,319 | 6.8 | 50,099 | 6.5 | |||||||||||||||||||||
Other | 10,475 | 1.4 | 10,759 | 1.4 | |||||||||||||||||||||
Loans, gross | $ | 755,878 | 100 | % | $ | 767,513 | 100 | % | |||||||||||||||||
Residential mortgage loans serviced for the benefit of others amounted to $385.9 million and $384.5 million at March 31, 2014 and December 31, 2013, respectively, and are excluded from the Consolidated Balance Sheets since they are not owned by the Company. | |||||||||||||||||||||||||
Loans included in the preceding table are net of unearned income, charge-offs and unamortized deferred fees and direct loan origination costs. Net unearned income and deferred fees totaled $593 thousand and $643 thousand at March 31, 2014 and December 31, 2013, respectively. | |||||||||||||||||||||||||
Pledged | |||||||||||||||||||||||||
To borrow from the Federal Home Loan Bank (“FHLB”) and cover the various Federal Reserve services that are available for use by the Bank, members must pledge collateral. Acceptable collateral includes, among other types of collateral, a variety of loans including residential, multifamily, home equity lines and second mortgages as well as qualifying commercial loans. At March 31, 2014 and December 31, 2013, $189.4 million and $205.2 million of gross loans, respectively, were pledged to collateralize FHLB advances of which $85.8 million and $90.2 million, respectively, were available as lendable collateral. | |||||||||||||||||||||||||
At March 31, 2014 and December 31, 2013, loans totaling $749 thousand and $794 thousand, respectively, were pledged as collateral to cover the various Federal Reserve services that are available for use by the Bank of which $643 thousand and $651 thousand, respectively, were available as lendable collateral. | |||||||||||||||||||||||||
Concentrations | |||||||||||||||||||||||||
The following table summarizes loans secured by commercial real estate, categorized by class, at March 31, 2014 (dollars in thousands). | |||||||||||||||||||||||||
Total commercial | % of gross loans | % of Bank's | |||||||||||||||||||||||
real estate loans | total regulatory | ||||||||||||||||||||||||
capital | |||||||||||||||||||||||||
Secured by commercial real estate | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 74,373 | 9.9 | % | 55.7 | % | |||||||||||||||||||
Multifamily residential | 9,983 | 1.3 | 7.5 | ||||||||||||||||||||||
Nonfarm nonresidential | 360,797 | 47.7 | 270.5 | ||||||||||||||||||||||
Total loans secured by commercial real estate | $ | 445,153 | 58.9 | % | 333.7 | % | |||||||||||||||||||
The following table further categorizes loans secured by commercial real estate at March 31, 2014 (dollars in thousands). | |||||||||||||||||||||||||
Total commercial | % of gross loans | % of Bank's | |||||||||||||||||||||||
real estate loans | total regulatory | ||||||||||||||||||||||||
capital | |||||||||||||||||||||||||
Development commercial real estate loans | |||||||||||||||||||||||||
Secured by: | |||||||||||||||||||||||||
Land - unimproved (commercial or residential) | $ | 18,750 | 2.5 | % | 14.1 | % | |||||||||||||||||||
Land development - commercial | 7,376 | 1 | 5.5 | ||||||||||||||||||||||
Land development - residential | 8,071 | 1.1 | 6.1 | ||||||||||||||||||||||
Commercial construction: | |||||||||||||||||||||||||
Retail | 1,657 | 0.2 | 1.2 | ||||||||||||||||||||||
Office | 5,840 | 0.8 | 4.4 | ||||||||||||||||||||||
Multifamily | 8,689 | 1.1 | 6.5 | ||||||||||||||||||||||
Industrial and warehouse | 668 | 0.1 | 0.5 | ||||||||||||||||||||||
Miscellaneous commercial | 7,766 | 1 | 5.8 | ||||||||||||||||||||||
Total development commercial real estate loans | 58,817 | 7.8 | 44.1 | ||||||||||||||||||||||
Existing and other commercial real estate loans | |||||||||||||||||||||||||
Secured by: | |||||||||||||||||||||||||
Hotel / motel | 53,843 | 7.1 | 40.4 | ||||||||||||||||||||||
Retail | 23,737 | 3.1 | 17.8 | ||||||||||||||||||||||
Office | 9,546 | 1.3 | 7.2 | ||||||||||||||||||||||
Multifamily | 9,983 | 1.3 | 7.5 | ||||||||||||||||||||||
Industrial and warehouse | 6,044 | 0.8 | 4.5 | ||||||||||||||||||||||
Healthcare | 13,728 | 1.8 | 10.3 | ||||||||||||||||||||||
Miscellaneous commercial | 104,775 | 13.9 | 78.5 | ||||||||||||||||||||||
Total existing and other commercial real estate loans | 221,656 | 29.3 | 166.2 | ||||||||||||||||||||||
Commercial real estate owner-occupied and residential loans | |||||||||||||||||||||||||
Secured by: | |||||||||||||||||||||||||
Commercial - owner-occupied | 149,124 | 19.7 | 111.8 | ||||||||||||||||||||||
Commercial construction - owner-occupied | 6,861 | 0.9 | 5.1 | ||||||||||||||||||||||
Residential construction - contract | 8,695 | 1.2 | 6.5 | ||||||||||||||||||||||
Total commercial real estate owner-occupied and residential loans | 164,680 | 21.8 | 123.4 | ||||||||||||||||||||||
Total loans secured by commercial real estate | $ | 445,153 | 58.9 | % | 333.7 | % | |||||||||||||||||||
Asset Quality | |||||||||||||||||||||||||
The following table summarizes various internal credit-quality indicators of gross loans, by class, at March 31, 2014 (in thousands). | |||||||||||||||||||||||||
Construction, land | Multifamily | Nonfarm | Total commercial | ||||||||||||||||||||||
development and other | residential | nonresidential | real estate | ||||||||||||||||||||||
land loans | |||||||||||||||||||||||||
Grade 1 | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||
Grade 2 | - | - | - | - | |||||||||||||||||||||
Grade 3 | 10,206 | 163 | 67,597 | 77,966 | |||||||||||||||||||||
Grade 4 | 36,364 | 1,581 | 168,340 | 206,285 | |||||||||||||||||||||
Grade W | 5,134 | 8,059 | 76,633 | 89,826 | |||||||||||||||||||||
Grade 5 | 2,158 | - | 20,418 | 22,576 | |||||||||||||||||||||
Grade 6 | 3,677 | 180 | 26,210 | 30,067 | |||||||||||||||||||||
Grade 7 | 803 | - | 1,599 | 2,402 | |||||||||||||||||||||
Not risk rated* | 16,031 | - | - | 16,031 | |||||||||||||||||||||
Total | $ | 74,373 | $ | 9,983 | $ | 360,797 | $ | 445,153 | |||||||||||||||||
*Consumer real estate loans, included within construction, land development and other land loans, are not risk rated in accordance with the Company's policy. | |||||||||||||||||||||||||
Commercial and | |||||||||||||||||||||||||
industrial | |||||||||||||||||||||||||
Grade 1 | $ | 817 | |||||||||||||||||||||||
Grade 2 | 1,589 | ||||||||||||||||||||||||
Grade 3 | 9,986 | ||||||||||||||||||||||||
Grade 4 | 49,225 | ||||||||||||||||||||||||
Grade W | 5,351 | ||||||||||||||||||||||||
Grade 5 | 1,195 | ||||||||||||||||||||||||
Grade 6 | 3,899 | ||||||||||||||||||||||||
Grade 7 | 415 | ||||||||||||||||||||||||
Not risk rated | - | ||||||||||||||||||||||||
Total | $ | 72,477 | |||||||||||||||||||||||
Single-family | Single-family | Single-family | Total single-family | ||||||||||||||||||||||
residential revolving, | residential closed- | residential closed- | residential loans | ||||||||||||||||||||||
open-end loans | end, first lien | end, junior lien | |||||||||||||||||||||||
Performing | $ | 70,756 | $ | 99,686 | $ | 3,653 | $ | 174,095 | |||||||||||||||||
Nonperforming | 564 | 1,686 | 109 | 2,359 | |||||||||||||||||||||
Total | $ | 71,320 | $ | 101,372 | $ | 3,762 | $ | 176,454 | |||||||||||||||||
Indirect automobile | All other consumer | Total consumer | |||||||||||||||||||||||
Performing | $ | 39,953 | $ | 11,213 | $ | 51,166 | |||||||||||||||||||
Nonperforming | 136 | 17 | 153 | ||||||||||||||||||||||
Total | $ | 40,089 | $ | 11,230 | $ | 51,319 | |||||||||||||||||||
Other | |||||||||||||||||||||||||
Performing | $ | 10,475 | |||||||||||||||||||||||
Nonperforming | - | ||||||||||||||||||||||||
Total | $ | 10,475 | |||||||||||||||||||||||
The following table summarizes various internal credit-quality indicators of gross loans, by class, at December 31, 2013 (in thousands). | |||||||||||||||||||||||||
Construction, land | Multifamily | Nonfarm | Total commercial | ||||||||||||||||||||||
development and | residential | nonresidential | real estate | ||||||||||||||||||||||
other land loans | |||||||||||||||||||||||||
Grade 1 | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||
Grade 2 | - | - | - | - | |||||||||||||||||||||
Grade 3 | 10,025 | 259 | 69,954 | 80,238 | |||||||||||||||||||||
Grade 4 | 34,654 | 887 | 171,585 | 207,126 | |||||||||||||||||||||
Grade W | 8,679 | 9,079 | 83,843 | 101,601 | |||||||||||||||||||||
Grade 5 | 2,202 | - | 16,727 | 18,929 | |||||||||||||||||||||
Grade 6 | 4,400 | 181 | 24,352 | 28,933 | |||||||||||||||||||||
Grade 7 | 803 | - | 1,604 | 2,407 | |||||||||||||||||||||
Not risk rated* | 15,795 | 11 | 412 | 16,218 | |||||||||||||||||||||
Total | $ | 76,558 | $ | 10,417 | $ | 368,477 | $ | 455,452 | |||||||||||||||||
*Consumer real estate loans, included within construction, land development and other land loans, are not risk rated in accordance with the Company's policy. | |||||||||||||||||||||||||
Commercial and | |||||||||||||||||||||||||
industrial | |||||||||||||||||||||||||
Grade 1 | $ | 879 | |||||||||||||||||||||||
Grade 2 | 1,186 | ||||||||||||||||||||||||
Grade 3 | 8,830 | ||||||||||||||||||||||||
Grade 4 | 51,167 | ||||||||||||||||||||||||
Grade W | 5,151 | ||||||||||||||||||||||||
Grade 5 | 2,361 | ||||||||||||||||||||||||
Grade 6 | 2,923 | ||||||||||||||||||||||||
Grade 7 | 494 | ||||||||||||||||||||||||
Not risk rated | 87 | ||||||||||||||||||||||||
Total | $ | 73,078 | |||||||||||||||||||||||
Single-family | Single-family | Single-family | Total single-family residential loans | ||||||||||||||||||||||
residential revolving, | residential closed- | residential closed- | |||||||||||||||||||||||
open-end loans | end, first lien | end, junior lien | |||||||||||||||||||||||
Performing | $ | 69,121 | $ | 101,100 | $ | 3,802 | $ | 174,023 | |||||||||||||||||
Nonperforming | 797 | 3,176 | 129 | 4,102 | |||||||||||||||||||||
Total | $ | 69,918 | $ | 104,276 | $ | 3,931 | $ | 178,125 | |||||||||||||||||
Indirect automobile | All other consumer | Total consumer | |||||||||||||||||||||||
Performing | $ | 38,514 | $ | 11,349 | $ | 49,863 | |||||||||||||||||||
Nonperforming | 210 | 26 | 236 | ||||||||||||||||||||||
Total | $ | 38,724 | $ | 11,375 | $ | 50,099 | |||||||||||||||||||
Other | |||||||||||||||||||||||||
Performing | $ | 10,759 | |||||||||||||||||||||||
Nonperforming | - | ||||||||||||||||||||||||
Total | $ | 10,759 | |||||||||||||||||||||||
The following table summarizes delinquencies, by class, at March 31, 2014 (in thousands). | |||||||||||||||||||||||||
30-89 days | Greater than | Total past due | Current | Loans, gross | |||||||||||||||||||||
past due and | 90 days past | ||||||||||||||||||||||||
still accruing | due and not | ||||||||||||||||||||||||
accruing | |||||||||||||||||||||||||
(nonaccrual) | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 322 | $ | 3,197 | $ | 3,519 | $ | 70,854 | $ | 74,373 | |||||||||||||||
Multifamily residential | - | 180 | 180 | 9,803 | 9,983 | ||||||||||||||||||||
Nonfarm nonresidential | 4,032 | 5,382 | 9,414 | 351,383 | 360,797 | ||||||||||||||||||||
Total commercial real estate | 4,354 | 8,759 | 13,113 | 432,040 | 445,153 | ||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 317 | 564 | 881 | 70,439 | 71,320 | ||||||||||||||||||||
Single-family real estate, closed-end, first lien | 929 | 2,686 | 3,615 | 97,757 | 101,372 | ||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 27 | 109 | 136 | 3,626 | 3,762 | ||||||||||||||||||||
Total single-family residential | 1,273 | 3,359 | 4,632 | 171,822 | 176,454 | ||||||||||||||||||||
Commercial and industrial | 177 | 1,764 | 1,941 | 70,536 | 72,477 | ||||||||||||||||||||
Indirect automobile | 253 | 136 | 389 | 39,700 | 40,089 | ||||||||||||||||||||
All other consumer | 58 | 17 | 75 | 11,155 | 11,230 | ||||||||||||||||||||
Total consumer | 311 | 153 | 464 | 50,855 | 51,319 | ||||||||||||||||||||
Farmland | - | - | - | 3,341 | 3,341 | ||||||||||||||||||||
Obligations of states and political subdivisions of the U.S. | - | - | - | 478 | 478 | ||||||||||||||||||||
Other | - | - | - | 6,656 | 6,656 | ||||||||||||||||||||
Total other | - | - | - | 10,475 | 10,475 | ||||||||||||||||||||
Loans, gross | $ | 6,115 | $ | 14,035 | $ | 20,150 | $ | 735,728 | $ | 755,878 | |||||||||||||||
Additional interest income of $169 thousand would have been reported during the three months ended March 31, 2014 had loans classified as nonaccrual during the period performed in accordance with their current contractual terms. This interest income was not recorded in the Company's Consolidated Statements of Income. | |||||||||||||||||||||||||
The following table summarizes delinquencies, by class, at December 31, 2013 (in thousands). | |||||||||||||||||||||||||
30-89 days | Greater than | Total past due | Current | Loans, gross | |||||||||||||||||||||
past due and | 90 days past | ||||||||||||||||||||||||
still accruing | due and not | ||||||||||||||||||||||||
accruing | |||||||||||||||||||||||||
(nonaccrual) | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 82 | $ | 3,872 | $ | 3,954 | $ | 72,604 | $ | 76,558 | |||||||||||||||
Multifamily residential | - | 181 | 181 | 10,236 | 10,417 | ||||||||||||||||||||
Nonfarm nonresidential | 1,199 | 4,832 | 6,031 | 362,446 | 368,477 | ||||||||||||||||||||
Total commercial real estate | 1,281 | 8,885 | 10,166 | 445,286 | 455,452 | ||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 148 | 797 | 945 | 68,973 | 69,918 | ||||||||||||||||||||
Single-family real estate, closed-end, first lien | 1,091 | 3,176 | 4,267 | 100,009 | 104,276 | ||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 41 | 129 | 170 | 3,761 | 3,931 | ||||||||||||||||||||
Total single-family residential | 1,280 | 4,102 | 5,382 | 172,743 | 178,125 | ||||||||||||||||||||
Commercial and industrial | 306 | 1,885 | 2,191 | 70,887 | 73,078 | ||||||||||||||||||||
Indirect automobile | 294 | 210 | 504 | 38,220 | 38,724 | ||||||||||||||||||||
All other consumer | 41 | 26 | 67 | 11,308 | 11,375 | ||||||||||||||||||||
Total consumer | 335 | 236 | 571 | 49,528 | 50,099 | ||||||||||||||||||||
Farmland | - | - | - | 3,394 | 3,394 | ||||||||||||||||||||
Obligations of states and political subdivisions of the U.S. | - | - | - | 497 | 497 | ||||||||||||||||||||
Other | - | - | - | 6,868 | 6,868 | ||||||||||||||||||||
Total other | - | - | - | 10,759 | 10,759 | ||||||||||||||||||||
Loans, gross | $ | 3,202 | $ | 15,108 | $ | 18,310 | $ | 749,203 | $ | 767,513 | |||||||||||||||
Troubled Debt Restructurings. The following table summarizes the carrying balance of troubled debt restructurings at the dates indicated (in thousands). | |||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Performing | $ | 25,662 | $ | 26,744 | |||||||||||||||||||||
Nonperforming | 1,942 | 2,184 | |||||||||||||||||||||||
Total troubled debt restructurings | $ | 27,604 | $ | 28,928 | |||||||||||||||||||||
Loans classified as troubled debt restructurings may be removed from this status for disclosure purposes after a specified period of time if the restructured agreement specifies an interest rate equal to or greater than the rate that the lender was willing to accept at the time of the restructuring for a new loan with comparable risk, and the loan is performing in accordance with the terms specified by the restructured agreement. The following table summarizes troubled debt restructurings removed from this classification during the periods indicated (dollars in thousands). | |||||||||||||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Carrying balance | $ | 956 | $ | 5,842 | |||||||||||||||||||||
Count | 3 | 8 | |||||||||||||||||||||||
The following table summarizes, by class, loans that were modified resulting in troubled debt restructurings during the periods indicated (dollars in thousands). | |||||||||||||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Number of loans | Pre- | Post- | Number of loans | Pre- | Post- | ||||||||||||||||||||
modification | modification | modification | modification | ||||||||||||||||||||||
outstanding | outstanding | outstanding | outstanding | ||||||||||||||||||||||
recorded | recorded | recorded | recorded | ||||||||||||||||||||||
investment | investment | investment | investment | ||||||||||||||||||||||
Construction, land development and other land loans | - | $ | - | $ | - | 1 | $ | 60 | $ | 60 | |||||||||||||||
Loans, gross | - | $ | - | $ | - | 1 | $ | 60 | $ | 60 | |||||||||||||||
The following table summarizes, by type of concession, loans that were modified resulting in troubled debt restructurings during the periods indicated (dollars in thousands). | |||||||||||||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Number of | Pre- | Post- | Number of | Pre- | Post- | ||||||||||||||||||||
loans | modification | modification | loans | modification | modification | ||||||||||||||||||||
outstanding | outstanding | outstanding | outstanding | ||||||||||||||||||||||
recorded | recorded | recorded | recorded | ||||||||||||||||||||||
investment | investment | investment | investment | ||||||||||||||||||||||
Rate concession | - | $ | - | $ | - | 1 | $ | 60 | $ | 60 | |||||||||||||||
Loans, gross | - | $ | - | $ | - | 1 | $ | 60 | $ | 60 | |||||||||||||||
The following table summarizes, by class, loans that were modified resulting in troubled debt restructurings within the previous 12-month period for which there was a payment default during the periods indicated (dollars in thousands). | |||||||||||||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Number | Recorded | Number | Recorded | ||||||||||||||||||||||
of loans | investment | of loans | investment | ||||||||||||||||||||||
Nonfarm nonresidential | 2 | $ | 2,597 | - | $ | - | |||||||||||||||||||
Loans, gross | 2 | $ | 2,597 | - | $ | - | |||||||||||||||||||
Impaired Loans. The following tables summarize the composition of impaired loans at the dates indicated (in thousands). | |||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Performing troubled debt restructured loans | $ | 25,662 | $ | 26,744 | |||||||||||||||||||||
Nonperforming troubled debt restructured loans | 1,942 | 2,184 | |||||||||||||||||||||||
Nonperforming other loans | 6,048 | 6,580 | |||||||||||||||||||||||
Performing other loans | 9,730 | 9,187 | |||||||||||||||||||||||
Total impaired loans | $ | 43,382 | $ | 44,695 | |||||||||||||||||||||
The following table summarizes the composition of and information relative to impaired loans, by class, at March 31, 2014 (in thousands). | |||||||||||||||||||||||||
Loans, gross | |||||||||||||||||||||||||
Recorded | Unpaid | Related | |||||||||||||||||||||||
investment | principal | allowance | |||||||||||||||||||||||
balance | |||||||||||||||||||||||||
With no related allowance recorded: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 2,757 | $ | 6,016 | |||||||||||||||||||||
Multifamily residential | 180 | 239 | |||||||||||||||||||||||
Nonfarm nonresidential | 20,132 | 24,940 | |||||||||||||||||||||||
Total commercial real estate | 23,069 | 31,195 | |||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | - | - | |||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 921 | 5,208 | |||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 27 | 27 | |||||||||||||||||||||||
Total single-family residential | 948 | 5,235 | |||||||||||||||||||||||
Commercial and industrial | 735 | 1,132 | |||||||||||||||||||||||
Consumer | 6 | 15 | |||||||||||||||||||||||
Total impaired loans with no related allowance recorded | $ | 24,758 | $ | 37,577 | |||||||||||||||||||||
With an allowance recorded: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 259 | $ | 259 | $ | 68 | |||||||||||||||||||
Multifamily residential | - | - | - | ||||||||||||||||||||||
Nonfarm nonresidential | 15,883 | 17,338 | 1,770 | ||||||||||||||||||||||
Total commercial real estate | 16,142 | 17,597 | 1,838 | ||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 404 | 404 | - | ||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 253 | 253 | 13 | ||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 167 | 167 | 138 | ||||||||||||||||||||||
Total single-family residential | 824 | 824 | 151 | ||||||||||||||||||||||
Commercial and industrial | 1,641 | 2,941 | 478 | ||||||||||||||||||||||
Consumer | 17 | 17 | 3 | ||||||||||||||||||||||
Total impaired loans with an allowance recorded | $ | 18,624 | $ | 21,379 | $ | 2,470 | |||||||||||||||||||
Total: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 3,016 | $ | 6,275 | $ | 68 | |||||||||||||||||||
Multifamily residential | 180 | 239 | - | ||||||||||||||||||||||
Nonfarm nonresidential | 36,015 | 42,278 | 1,770 | ||||||||||||||||||||||
Total commercial real estate | 39,211 | 48,792 | 1,838 | ||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 404 | 404 | - | ||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 1,174 | 5,461 | 13 | ||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 194 | 194 | 138 | ||||||||||||||||||||||
Total single-family residential | 1,772 | 6,059 | 151 | ||||||||||||||||||||||
Commercial and industrial | 2,376 | 4,073 | 478 | ||||||||||||||||||||||
Consumer | 23 | 32 | 3 | ||||||||||||||||||||||
Total impaired loans | $ | 43,382 | $ | 58,956 | $ | 2,470 | |||||||||||||||||||
Interest income recognized on impaired loans during the three months ended March 31, 2014 was $462 thousand. The average balance of total impaired loans was $44.1 million for the same period. | |||||||||||||||||||||||||
The following table summarizes the composition of and information relative to impaired loans, by class, at December 31, 2013 (in thousands). | |||||||||||||||||||||||||
Loans, gross | |||||||||||||||||||||||||
Recorded | Unpaid | Related | |||||||||||||||||||||||
investment | principal | allowance | |||||||||||||||||||||||
balance | |||||||||||||||||||||||||
With no related allowance recorded: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 3,244 | $ | 6,503 | |||||||||||||||||||||
Multifamily residential | 181 | 239 | |||||||||||||||||||||||
Nonfarm nonresidential | 17,414 | 24,422 | |||||||||||||||||||||||
Total commercial real estate | 20,839 | 31,164 | |||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | - | - | |||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 1,369 | 5,811 | |||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | - | - | |||||||||||||||||||||||
Total single-family residential | 1,369 | 5,811 | |||||||||||||||||||||||
Commercial and industrial | 753 | 1,150 | |||||||||||||||||||||||
Consumer | 7 | 7 | |||||||||||||||||||||||
Total impaired loans with no related allowance recorded | $ | 22,968 | $ | 38,132 | |||||||||||||||||||||
With an allowance recorded: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 260 | $ | 260 | $ | 68 | |||||||||||||||||||
Multifamily residential | - | - | - | ||||||||||||||||||||||
Nonfarm nonresidential | 18,839 | 18,839 | 1,668 | ||||||||||||||||||||||
Total commercial real estate | 19,099 | 19,099 | 1,736 | ||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 404 | 404 | 83 | ||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 323 | 323 | 18 | ||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 195 | 195 | 62 | ||||||||||||||||||||||
Total single-family residential | 922 | 922 | 163 | ||||||||||||||||||||||
Commercial and industrial | 1,680 | 2,980 | 644 | ||||||||||||||||||||||
Consumer | 26 | 26 | 12 | ||||||||||||||||||||||
Total impaired loans with an allowance recorded | $ | 21,727 | $ | 23,027 | $ | 2,555 | |||||||||||||||||||
Total: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 3,504 | $ | 6,763 | $ | 68 | |||||||||||||||||||
Multifamily residential | 181 | 239 | - | ||||||||||||||||||||||
Nonfarm nonresidential | 36,253 | 43,261 | 1,668 | ||||||||||||||||||||||
Total commercial real estate | 39,938 | 50,263 | 1,736 | ||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 404 | 404 | 83 | ||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 1,692 | 6,134 | 18 | ||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 195 | 195 | 62 | ||||||||||||||||||||||
Total single-family residential | 2,291 | 6,733 | 163 | ||||||||||||||||||||||
Commercial and industrial | 2,433 | 4,130 | 644 | ||||||||||||||||||||||
Consumer | 33 | 33 | 12 | ||||||||||||||||||||||
Total impaired loans | $ | 44,695 | $ | 61,159 | $ | 2,555 | |||||||||||||||||||
Allowance for Loan Losses | |||||||||||||||||||||||||
The following tables summarize the allowance for loan losses and recorded investment in gross loans, by portfolio segment, at the dates and for the periods indicated (in thousands). | |||||||||||||||||||||||||
For the three months ended March 31, 2014 | |||||||||||||||||||||||||
Commercial | Single-family | Commercial and | Consumer | Other | Total | ||||||||||||||||||||
real estate | residential | industrial | |||||||||||||||||||||||
Allowance for loan losses, beginning of period | $ | 10,565 | $ | 3,124 | $ | 1,682 | $ | 1,118 | $ | (4 | ) | $ | 16,485 | ||||||||||||
Provision for loan losses | 48 | (37 | ) | (171 | ) | 35 | 125 | - | |||||||||||||||||
Loan charge-offs | 161 | 104 | - | 56 | 155 | 476 | |||||||||||||||||||
Loan recoveries | 5 | 91 | 12 | 31 | 95 | 234 | |||||||||||||||||||
Net loans charged-off | 156 | 13 | (12 | ) | 25 | 60 | 242 | ||||||||||||||||||
Allowance for loan losses, end of period | $ | 10,457 | $ | 3,074 | $ | 1,523 | $ | 1,128 | $ | 61 | $ | 16,243 | |||||||||||||
31-Mar-14 | |||||||||||||||||||||||||
Commercial | Single-family | Commercial and | Consumer | Other | Total | ||||||||||||||||||||
real estate | residential | industrial | |||||||||||||||||||||||
Individually evaluated for impairment | $ | 1,838 | $ | 151 | $ | 478 | $ | 3 | $ | - | $ | 2,470 | |||||||||||||
Collectively evaluated for impairment | 8,619 | 2,923 | 1,045 | 1,125 | 61 | 13,773 | |||||||||||||||||||
Allowance for loan losses, end of period | $ | 10,457 | $ | 3,074 | $ | 1,523 | $ | 1,128 | $ | 61 | $ | 16,243 | |||||||||||||
Individually evaluated for impairment | $ | 39,211 | $ | 1,772 | $ | 2,376 | $ | 23 | $ | - | $ | 43,382 | |||||||||||||
Collectively evaluated for impairment | 405,942 | 174,682 | 70,101 | 51,296 | 10,475 | 712,496 | |||||||||||||||||||
Loans, gross | $ | 445,153 | $ | 176,454 | $ | 72,477 | $ | 51,319 | $ | 10,475 | $ | 755,878 | |||||||||||||
For the three months ended March 31, 2013 | |||||||||||||||||||||||||
Commercial | Single-family | Commercial and | Consumer | Other | Total | ||||||||||||||||||||
real estate | residential | industrial | |||||||||||||||||||||||
Allowance for loan losses, beginning of period | $ | 12,317 | $ | 3,140 | $ | 1,264 | $ | 1,093 | $ | 11 | $ | 17,825 | |||||||||||||
Provision for loan losses | (270 | ) | (101 | ) | 655 | (17 | ) | 83 | 350 | ||||||||||||||||
Loan charge-offs | 464 | 133 | 39 | 97 | 215 | 948 | |||||||||||||||||||
Loan recoveries | 31 | 43 | 10 | 34 | 125 | 243 | |||||||||||||||||||
Net loans charged-off | 433 | 90 | 29 | 63 | 90 | 705 | |||||||||||||||||||
Allowance for loan losses, end of period | $ | 11,614 | $ | 2,949 | $ | 1,890 | $ | 1,013 | $ | 4 | $ | 17,470 | |||||||||||||
31-Mar-13 | |||||||||||||||||||||||||
Commercial | Single-family | Commercial and | Consumer | Other | Total | ||||||||||||||||||||
real estate | residential | industrial | |||||||||||||||||||||||
Individually evaluated for impairment | $ | 1,995 | $ | 214 | $ | 880 | $ | 4 | $ | - | $ | 3,093 | |||||||||||||
Collectively evaluated for impairment | 9,619 | 2,735 | 1,010 | 1,009 | 4 | 14,377 | |||||||||||||||||||
Allowance for loan losses, end of period | $ | 11,614 | $ | 2,949 | $ | 1,890 | $ | 1,013 | $ | 4 | $ | 17,470 | |||||||||||||
Individually evaluated for impairment | $ | 36,989 | $ | 3,056 | $ | 3,062 | $ | 37 | $ | - | $ | 43,144 | |||||||||||||
Collectively evaluated for impairment | 419,021 | 163,333 | 46,558 | 49,014 | 9,694 | 687,620 | |||||||||||||||||||
Loans, gross | $ | 456,010 | $ | 166,389 | $ | 49,620 | $ | 49,051 | $ | 9,694 | $ | 730,764 | |||||||||||||
Note_6_Other_Loans_Held_for_Sa
Note 6 - Other Loans Held for Sale and Valuation Allowance | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Loans Held For Sale And Valuation Allowance Disclosure [Abstract] | ' | ||||||||
Loans Held For Sale And Valuation Allowance Disclosure [Text Block] | ' | ||||||||
6. Other Loans Held for Sale and Valuation Allowance | |||||||||
The following table summarizes activity within other loans held for sale and the related valuation allowance at the dates and for the periods indicated (in thousands). | |||||||||
Other loans held | Valuation allowance | ||||||||
for sale, gross | on other loans | ||||||||
held for sale | |||||||||
Balance, December 31, 2012 | $ | 2,288 | $ | 1,512 | |||||
Additions: | |||||||||
SBA loans transferred to other loans held for sale | 1,730 | - | |||||||
Total additions | 1,730 | - | |||||||
Reductions: | |||||||||
Proceeds from sales of SBA loans | 1,903 | - | |||||||
Gain on sales of SBA loans | (173 | ) | - | ||||||
Total reductions | 1,730 | - | |||||||
Balance, March 31, 2013 | $ | 2,288 | $ | 1,512 | |||||
Balance, December 31, 2013 | $ | - | $ | - | |||||
Additions: | |||||||||
SBA loans transferred to other loans held for sale | 1,166 | - | |||||||
Total additions | 1,166 | - | |||||||
Reductions: | |||||||||
Proceeds from sales of SBA loans | 1,236 | - | |||||||
Gain on sales of SBA loans | (70 | ) | - | ||||||
Total reductions | 1,166 | - | |||||||
Balance, March 31, 2014 | $ | - | $ | - | |||||
The Company originates loans partially guaranteed by the SBA, an agency of the U.S. government. The Company may sell the guaranteed portion of these loans into the secondary market. |
Note_7_Premises_and_Equipment_
Note 7 - Premises and Equipment, net | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Property, Plant and Equipment [Abstract] | ' | ||||||||
Property, Plant and Equipment Disclosure [Text Block] | ' | ||||||||
7. Premises and Equipment, net | |||||||||
The following table summarizes premises and equipment balances, net at the dates indicated (in thousands). | |||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Land | $ | 5,521 | $ | 5,521 | |||||
Buildings | 19,439 | 19,395 | |||||||
Leasehold improvements | 3,760 | 3,746 | |||||||
Furniture and equipment | 13,259 | 13,259 | |||||||
Software | 5,443 | 5,344 | |||||||
Bank automobiles | 95 | 95 | |||||||
Capital lease asset | 556 | 1,396 | |||||||
Premises and equipment, gross | $ | 48,073 | $ | 48,756 | |||||
Accumulated depreciation | (25,093 | ) | (25,389 | ) | |||||
Premises and equipment, net | $ | 22,980 | $ | 23,367 | |||||
At March 31, 2014, the Bank provided commercial and consumer banking products and services through 25 branches of which five were leased and 20 were owned. | |||||||||
Depreciation expense for the three months ended March 31, 2014 and 2013 was $593 thousand and $639 thousand, respectively. |
Note_8_LongLived_Assets_Held_f
Note 8 - Long-Lived Assets Held for Sale | 3 Months Ended |
Mar. 31, 2014 | |
Long Lived Assets Held For Sale [Abstract] | ' |
Long Lived Assets Held For Sale [Text Block] | ' |
8. Long-Lived Assets Held for Sale | |
At March 31, 2014, the Company was marketing for sale a vacant parcel of land with a net book value of $562 thousand and a vacant branch facility with a net book value of $123 thousand. Long-lived assets held for sale are included in Other assets in the Consolidated Balance Sheets. |
Note_9_Servicing_Rights
Note 9 - Servicing Rights | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||
Other Assets Disclosure [Text Block] | ' | ||||||||
9. Servicing Rights | |||||||||
Residential Mortgage-Servicing Rights | |||||||||
The net book value of residential mortgage-servicing rights was $2.4 million at both March 31, 2014 and December 31, 2013. Residential mortgage-servicing rights are included in Other assets in the Consolidated Balance Sheets. The estimated fair value of residential mortgage-servicing rights was $3.7 million and $3.8 million at March 31, 2014 and December 31, 2013, respectively. | |||||||||
The following table summarizes the changes in residential mortgage-servicing rights at the dates and for the periods indicated (in thousands). | |||||||||
At and for the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Mortgage-servicing rights portfolio, net of valuation allowance, beginning of period | $ | 2,431 | $ | 2,545 | |||||
Capitalized mortgage-servicing rights | 115 | 171 | |||||||
Mortgage-servicing rights portfolio amortization and impairment | (140 | ) | (217 | ) | |||||
Mortgage-servicing rights portfolio, net of valuation allowance, end of period | $ | 2,406 | $ | 2,499 | |||||
The following table summarizes the activity in the valuation allowance for impairment of the residential mortgage-servicing rights portfolio at the dates and for the periods indicated (in thousands). | |||||||||
At and for the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Valuation allowance, beginning of period | $ | 31 | $ | 41 | |||||
Additions charged to operations, net | - | 12 | |||||||
Valuation allowance, end of period | $ | 31 | $ | 53 | |||||
SBA Servicing Rights | |||||||||
The net book value of SBA servicing rights was $90 thousand and $64 thousand at March 31, 2014 and December 31, 2013, respectively. SBA servicing rights are included in Other assets in the Consolidated Balance Sheets. The estimated fair value of SBA servicing rights was $96 thousand and $69 thousand at March 31, 2014 and December 31, 2013, respectively. | |||||||||
The following table summarizes the changes in SBA servicing rights at the dates and for the periods indicated (in thousands). | |||||||||
At and for the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
SBA servicing rights portfolio, net of valuation allowance, beginning of period | $ | 64 | $ | 39 | |||||
Capitalized SBA servicing rights | 31 | 40 | |||||||
SBA servicing rights portfolio amortization and impairment | (5 | ) | (3 | ) | |||||
SBA servicing rights portfolio, net of valuation allowance, end of period | $ | 90 | $ | 76 | |||||
The following table summarizes the activity in the valuation allowance for impairment of the SBA servicing rights portfolio at the dates and for the periods indicated (in thousands). | |||||||||
At and for the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Valuation allowance, beginning of period | $ | 8 | $ | - | |||||
Additions charged to operations, net | 3 | - | |||||||
Valuation allowance, end of period | $ | 11 | $ | - | |||||
Note_10_Foreclosed_Real_Estate
Note 10 - Foreclosed Real Estate and Repossessed Personal Property | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Foreclosed Real Estate And Repossessed Personal Property [Abstract] | ' | ||||||||
Foreclosed Real Estate And Repossessed Personal Property [Text Block] | ' | ||||||||
10. Foreclosed Real Estate and Repossessed Personal Property | |||||||||
Composition | |||||||||
The following table summarizes foreclosed real estate and repossessed personal property at the dates indicated (in thousands). Repossessed personal property is included in Other assets in the Consolidated Balance Sheets. | |||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Foreclosed real estate | $ | 7,490 | $ | 7,502 | |||||
Repossessed personal property | 13 | 43 | |||||||
Total foreclosed real estate and repossessed personal property | $ | 7,503 | $ | 7,545 | |||||
Included in foreclosed real estate at both March 31, 2014 and December 31, 2013 were 77 residential lots with an aggregate net book value of $6.4 million and $6.5 million, respectively, in three separate communities related to one real estate development. | |||||||||
Foreclosed Real Estate Activity | |||||||||
The following table summarizes changes in foreclosed real estate at the dates and for the periods indicated (in thousands). | |||||||||
At and for the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Foreclosed real estate, beginning of period | $ | 7,502 | $ | 10,911 | |||||
Plus: new foreclosed real estate | 455 | 1,270 | |||||||
Less: proceeds from sale of foreclosed real estate | (264 | ) | (765 | ) | |||||
Plus: gain on sale of foreclosed real estate | 43 | 57 | |||||||
Less: writedowns and losses charged to expense | (246 | ) | (416 | ) | |||||
Foreclosed real estate, end of period | $ | 7,490 | $ | 11,057 | |||||
Note_11_BankOwned_Life_Insuran
Note 11 - Bank-Owned Life Insurance | 3 Months Ended |
Mar. 31, 2014 | |
Investments, All Other Investments [Abstract] | ' |
Life Insurance, Corporate or Bank Owned [Text Block] | ' |
11. Bank-Owned Life Insurance | |
The Company owns two fully-funded general account life insurance policies on certain members of its leadership team. The Company paid all premiums on these policies during 2013 and is the sole beneficiary. Each policy was funded with a premium of $5.0 million paid to AA+ rated insurance companies. The policies are reflected in the Consolidated Balance Sheets at the cash surrender value of $10.1 million and $10.0 million at March 31, 2014 and December 31, 2013, respectively. | |
In addition, the Company has fully-funded life insurance policies on two former members of executive management who are now retired from the Company. At both March 31, 2014 and December 31, 2013, the cash surrender value of these policies attributable to the Company totaled $1.6 million. |
Note_12_Deposits
Note 12 - Deposits | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Disclosure Text Block [Abstract] | ' | ||||||||
Deposit Liabilities Disclosures [Text Block] | ' | ||||||||
12. Deposits | |||||||||
Composition | |||||||||
The following table summarizes the composition of deposits at the dates indicated (in thousands). | |||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Transaction deposits | $ | 522,638 | $ | 494,289 | |||||
Money market deposits | 132,284 | 136,476 | |||||||
Savings deposits | 85,647 | 79,760 | |||||||
Time deposits $100,000 and greater | 73,522 | 79,654 | |||||||
Time deposits less than $100,000 | 113,942 | 117,181 | |||||||
Total deposits | $ | 928,033 | $ | 907,360 | |||||
At March 31, 2014 and December 31, 2013, $465 thousand and $564 thousand, respectively, of overdrawn transaction deposit accounts were reclassified to loans. There were no brokered deposits at March 31, 2014 or December 31, 2013. | |||||||||
Interest Expense on Deposit Accounts | |||||||||
The following table summarizes interest expense on deposits for the periods indicated (in thousands). | |||||||||
For the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Transaction deposits | $ | 10 | $ | 9 | |||||
Money market deposits | 9 | 8 | |||||||
Savings deposits | 3 | 2 | |||||||
Time deposits | 105 | 876 | |||||||
Total interest expense on deposits | $ | 127 | $ | 895 | |||||
Note_13_Borrowings
Note 13 - Borrowings | 3 Months Ended | |||||||||
Mar. 31, 2014 | ||||||||||
Debt Disclosure [Abstract] | ' | |||||||||
Debt Disclosure [Text Block] | ' | |||||||||
13. Borrowings | ||||||||||
Retail Repurchase Agreements | ||||||||||
Retail repurchase agreements represent overnight secured borrowing arrangements between the Bank and certain clients. Retail repurchase agreements are not insured deposits and are secured by $27.0 million of the Company’s investment securities available for sale. | ||||||||||
FHLB Advances | ||||||||||
As disclosed in Note 4, Investment Securities Available for Sale, and Note 5, Loans, the Bank may pledge investment securities and loans to collateralize FHLB advances. Additionally, the Bank may pledge cash and cash equivalents. The amount that can be borrowed is based on the balance of the type of asset pledged as collateral multiplied by lendable collateral value percentages as calculated by the FHLB. The FHLB allows the Bank to borrow up to 25% of total assets, subject to available collateral. | ||||||||||
The following table summarizes the utilization and availability of funds borrowed from the FHLB at the dates indicated (in thousands). | ||||||||||
March 31, | December 31, | |||||||||
2014 | 2013 | |||||||||
Available lendable loan collateral value pledged to serve against FHLB advances | $ | 85,802 | $ | 90,225 | ||||||
FHLB advances | 20,000 | 35,000 | ||||||||
Excess lendable collateral value pledged to serve against FHLB advances | $ | 65,802 | $ | 55,225 | ||||||
The following table summarizes the balance, maturity date and interest rate of the Bank’s FHLB advances at March 31, 2014 (dollars in thousands). | ||||||||||
Balance | Maturity date | Interest rate | ||||||||
$ | 10,000 | 4/30/14 | 0.21 | % | ||||||
10,000 | 7/21/14 | 0.24 | ||||||||
$ | 20,000 | |||||||||
Federal Reserve Discount Window | ||||||||||
At both March 31, 2014 and December 31, 2013, $2.2 million of loans and investment securities were pledged as collateral to cover the various Federal Reserve services that are available for use by the Bank. Of these amounts, $2.1 million were available as lendable collateral at both March 31, 2014 and December 31, 2013. The Bank’s borrowings from the Federal Reserve Discount Window (“Discount Window”) are at the primary credit rate. Primary credit is available through the Discount Window to generally sound depository institutions on a very short-term basis, typically overnight, at a rate above the Federal Open Market Committee target rate for federal funds. The Bank’s maximum maturity for potential borrowings is overnight. The Bank has not drawn on this availability since its initial establishment in 2009 other than to periodically test its ability to access the line. The Federal Reserve has the discretion to deny approval of borrowing requests. | ||||||||||
Other Borrowings | ||||||||||
Other borrowings generally consist of outstanding borrowings on correspondent bank lines of credit. At December 31, 2013, the Bank had access to three secured and two unsecured lines of credit from four correspondent banks totaling $60 million. During the first quarter 2014, the Bank obtained an additional unsecured line totaling $10 million resulting in access to three secured and three unsecured lines of credit from five correspondent banks totaling $70 million at March 31, 2014. None of the lines of credit were utilized as of either date. These correspondent bank funding sources may be canceled at any time at the correspondent bank’s discretion. |
Note_14_Shareholders_Equity
Note 14 - Shareholders' Equity | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Stockholders' Equity Note [Abstract] | ' | ||||||||
Stockholders' Equity Note Disclosure [Text Block] | ' | ||||||||
14. Shareholders’ Equity | |||||||||
Common Shares | |||||||||
At March 31, 2014, the Company had 75,000,000 authorized shares of common stock of which 12,792,509 were issued and outstanding. As of April 25, 2014 the Company has reserved a total of 577,905 shares for future issuance under various equity incentive plans. | |||||||||
For disclosure regarding actual and potential share issuances under the Company’s equity award plans, see Note 17, Equity-Based Compensation. | |||||||||
Accumulated Other Comprehensive Loss | |||||||||
The following table summarizes the components of accumulated other comprehensive loss, net of tax at the dates indicated (in thousands). | |||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Net unrealized loss on investment securities available for sale | $ | (2,135 | ) | $ | (2,990 | ) | |||
Net unrealized defined benefit pension plan actuarial loss | (7,303 | ) | (7,303 | ) | |||||
Total accumulated other comprehensive loss, net of tax | $ | (9,438 | ) | $ | (10,293 | ) | |||
Authorized Preferred Shares | |||||||||
The Company has authorized for issuance 2,500,000 shares of preferred stock with such preferences, limitations and relative rights within legal limits of the class, or one or more series within the class, as are set by the Board of Directors. To date, the Company has not issued any preferred shares. | |||||||||
Cash Dividends | |||||||||
Dividends from the Bank are the Company’s primary source of funds for payment of dividends to its common shareholders. The Bank is currently prohibited from paying dividends to the Company without the prior approval of the FDIC and the South Carolina State Board of Financial Institutions (together the “Supervisory Authorities”). |
Note_15_Income_Taxes
Note 15 - Income Taxes | 3 Months Ended |
Mar. 31, 2014 | |
Income Tax Disclosure [Abstract] | ' |
Income Tax Disclosure [Text Block] | ' |
15. Income Taxes | |
As of March 31, 2014, the Company had federal net operating loss carryforwards of $14.1 million. If not utilized to offset future taxable income, $3.6 million will expire in 2031, $10.3 million will expire in 2032 and $142 thousand will expire in 2033. For the three months ended March 31, 2014, the Company utilized a total of $3.3 million of federal net operating loss carryforwards to offset federal taxable income generated during the period. This amount was comprised of $0.4 million of federal net operating loss carryforwards that would have expired in 2030 and $2.9 million that would have expired in 2031. | |
As of March 31, 2014, net deferred tax assets of $20.5 million were recorded in the Company’s Consolidated Balance Sheet, a portion of which includes the after-tax impact of net operating loss carryforwards. Based on available information as of this date, the Company determined that a valuation allowance against the deferred tax asset was not necessary. | |
In 2010, the Company consummated a private placement (the “Private Placement”). The Private Placement was considered a change in control under the Internal Revenue Code and Regulations. Accordingly, the Company was required to evaluate potential limitation or deferral of its ability to carryforward pre-acquisition net operating losses and to determine the amount of net unrealized pre-acquisition built-in losses which are subject to similar limitation or deferral. Under the Internal Revenue Code and Regulations, net unrealized pre-acquisition built-in losses realized within five years of the change in control on October 7, 2010 are subject to potential limitation. Through that date, the Company will continue to analyze its ability to utilize such losses to offset anticipated future taxable income as pre-acquisition built-in losses are ultimately realized. As of March 31, 2014, the Company estimates that future utilization of built-in losses of $53 million generated prior to the Private Placement will be limited to $1.1 million per year. However, this estimate will not be conclusively confirmed until the five-year limitation period expires in October 2015. | |
The Company is subject to U.S. federal and South Carolina state income tax. Tax authorities in various jurisdictions may examine the Company. The Company is not currently undergoing a U.S. federal or South Carolina state examination; however, tax years dating back to 2010 are generally considered subject to examination based on federal and state regulations. |
Note_16_Benefit_Plans
Note 16 - Benefit Plans | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Compensation and Retirement Disclosure [Abstract] | ' | ||||||||
Pension and Other Postretirement Benefits Disclosure [Text Block] | ' | ||||||||
16. Benefit Plans | |||||||||
401(k) Plan | |||||||||
Employees (which we refer to as “teammates”) are given the opportunity to participate in The Palmetto Bank 401(k) Retirement Plan (the “401(k) Plan”) which is designed to supplement a teammate’s retirement income. Teammates are eligible to participate in the 401(k) Plan immediately when hired. Under the 401(k) Plan, participants are able to defer a portion of their salary into the 401(k) Plan. Matching contributions, if any, are contributed to the 401(k) Plan prior to the end of each plan year. From January 1, 2012 through June 30, 2013, the Company suspended its regular ongoing matching of teammate contributions to the 401(k) Plan. Effective July 1, 2013, the Company reinstated its match of teammate contributions at a rate of $0.10 per dollar up to 6% of a teammate’s eligible compensation. The Company's matching contributions totaled $12 thousand for the three months ended March 31, 2014. | |||||||||
Under the Internal Revenue Service (“IRS”) rules related to 401(k) plans, the IRS imposes certain annual limitations on the amount of allowable contributions to the 401(k) Plan by highly compensated participants (as determined annually by applying the required IRS tests). To the extent teammates receive contribution refunds of prior salary deferrals as a result of the annual limitations, the Bank has in place a benefit equalization plan into which such teammates may contribute refunds received. The benefit equalization plan operates very similarly to the 401(k) Plan except that this plan is a nonqualified plan under the IRS rules, and the assets of the benefit equalization plan are subject to the general creditors of the Bank. In the second quarter 2014, contribution refunds of $32 thousand applicable to 2013 were made to the benefit equalization plan. | |||||||||
Defined Benefit Pension Plan | |||||||||
Prior to 2008, the Company offered a noncontributory, defined benefit pension plan (the “Pension Plan”) that covered all full-time teammates having at least 12 months of continuous service and having attained age 21. Effective 2008, the Company ceased accruing pension benefits for participants in the Pension Plan. Although no previously accrued benefits were lost, teammates no longer accrue benefits for service subsequent to 2007. | |||||||||
The Company’s net accrued pension liability is included in Other liabilities in the Consolidated Balance Sheets and totaled $1.5 million and $1.3 million at March 31, 2014 and December 31, 2013, respectively. | |||||||||
Cost of the Pension Plan. The following table summarizes the components of net periodic pension expense, which is included in Salaries and other personnel expense in the Consolidated Statements of Income, for the periods indicated (in thousands). | |||||||||
For the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Interest cost | $ | 268 | $ | 210 | |||||
Expected return on plan assets | (317 | ) | (283 | ) | |||||
Amortization of net actuarial loss | 255 | 242 | |||||||
Net periodic pension expense | $ | 206 | $ | 169 | |||||
As a result of the decision to curtail the Pension Plan effective December 31, 2007, no costs relative to service have been necessary since that date as teammates no longer accrue benefits for services rendered. | |||||||||
Pension Plan Assets. The following table summarizes the fair value of Pension Plan assets by major category at the dates indicated (in thousands). | |||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Cash and cash equivalents | $ | 5,214 | $ | 4,440 | |||||
U.S. government and agency securities | - | 549 | |||||||
Municipal securities | - | 470 | |||||||
Corporate bonds | - | 3,398 | |||||||
Mutual funds | 2,358 | 3,596 | |||||||
Corporate stocks | 1,095 | 3,329 | |||||||
Exchange traded funds | 7,614 | 287 | |||||||
Foreign equities | 177 | 694 | |||||||
Accrued interest receivable | 4 | 30 | |||||||
Other | 6 | 5 | |||||||
Total Pension Plan assets | $ | 16,468 | $ | 16,798 | |||||
Fair Value Measurements. The following tables summarize Pension Plan assets measured at fair value at the dates indicated aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands). | |||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Level 1 | $ | 6,319 | $ | 7,804 | |||||
Level 2 | 10,149 | 8,994 | |||||||
Level 3 | - | - | |||||||
Total Pension Plan assets | $ | 16,468 | $ | 16,798 | |||||
There were no changes in the Pension Plan's Level 3 assets during 2013 or during the three months ended March 31, 2014. | |||||||||
Current and Future Expected Contributions. The Company contributed $400 thousand to the Pension Plan in April 2014 and expects to contribute an additional $1.2 million relative to the 2014 plan year. |
Note_17_Equity_Based_Compensat
Note 17 - Equity Based Compensation | 3 Months Ended | ||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | ' | ||||||||||||||||||||
17. Equity-Based Compensation | |||||||||||||||||||||
1997 Stock Compensation Plan | |||||||||||||||||||||
The following table summarizes stock option activity for the 1997 Stock Compensation Plan (the “1997 Plan”) at the dates and for the periods indicated. | |||||||||||||||||||||
Stock options | Weighted-average | ||||||||||||||||||||
outstanding | exercise price | ||||||||||||||||||||
Outstanding, December 31, 2013 | 6,450 | $ | 103.89 | ||||||||||||||||||
Forfeited | (1,250 | ) | 109.2 | ||||||||||||||||||
Expired | (2,250 | ) | 93.2 | ||||||||||||||||||
Outstanding, March 31, 2014 | 2,950 | 109.8 | |||||||||||||||||||
The following table summarizes information regarding stock options under the 1997 Plan that were outstanding and exercisable at March 31, 2014. | |||||||||||||||||||||
Weighted- | Number of | Weighted- | |||||||||||||||||||
average | stock options | average | |||||||||||||||||||
exercise | outstanding and | remaining | |||||||||||||||||||
price | exercisable | contractual | |||||||||||||||||||
life (years) | |||||||||||||||||||||
$ | 106.4 | 250 | 0.8 | ||||||||||||||||||
109.2 | 2,500 | 2.18 | |||||||||||||||||||
121.6 | 200 | 2.8 | |||||||||||||||||||
Total | 2,950 | 2.11 | |||||||||||||||||||
At March 31, 2014 and December 31, 2013, the fair value of the Company’s common stock did not exceed the exercise price of any options outstanding and exercisable under the 1997 Plan and, therefore, the stock options had no intrinsic value. | |||||||||||||||||||||
2008 Restricted Stock Plan | |||||||||||||||||||||
There were no grants or forfeitures of restricted stock under the 2008 Plan during the three months ended March 31, 2014. The weighted-average grant date fair value per share at both December 31, 2013 and March 31, 2014 was $27.55. | |||||||||||||||||||||
Of the 62,384 net restricted stock awards granted under the 2008 Plan, 11,245 shares remained unvested at March 31, 2014 and are expected to vest through 2016. | |||||||||||||||||||||
2011 Stock Incentive Plan | |||||||||||||||||||||
The following table summarizes the 2011 Stock Incentive Plan (the “2011 Plan”) stock option and restricted stock information at the dates and for the periods indicated. | |||||||||||||||||||||
Total shares | Stock options | Weighted- | Shares of | Weighted- | |||||||||||||||||
outstanding | average | restricted stock | average grant | ||||||||||||||||||
exercise price | date fair value | ||||||||||||||||||||
per share | per share | ||||||||||||||||||||
2011 Grants | 473,002 | 383,251 | $ | 10.51 | 89,751 | $ | 10.48 | ||||||||||||||
2012 Grants | 8,020 | - | - | 8,020 | 6.5 | ||||||||||||||||
2013 Grants | 8,811 | - | - | 8,811 | 13.7 | ||||||||||||||||
2013 Forfeitures | (575 | ) | - | - | (575 | ) | 13.95 | ||||||||||||||
2013 Exercises | (11,250 | ) | 11 | - | - | ||||||||||||||||
2014 Grants | 11,904 | 4,000 | 12.96 | 7,904 | 12.92 | ||||||||||||||||
Granted, net of forfeitures, March 31, 2014 | 501,162 | 113,911 | |||||||||||||||||||
Outstanding, March 31, 2014 | 376,001 | 10.52 | |||||||||||||||||||
Shares available for grant | 700,000 | ||||||||||||||||||||
Remaining shares available for grant, March 31, 2014 | 198,838 | ||||||||||||||||||||
During the three months ended March 31, 2014, 5,404 shares of restricted stock with a total fair value of $70 thousand were granted to the non-management members of the Board of Directors as compensation for their annual Board retainers. Also during the three months ended March 31, 2014, 2,500 shares of restricted stock and 4,000 stock options were awarded to certain teammates in recognition of performance and upon initial employment. These awards are subject to time vesting conditions and, assuming the time vesting conditions are met, will vest from 2014 to 2017. | |||||||||||||||||||||
The following table summarizes the activity in unvested shares of restricted stock under the 2011 Plan at the dates and for the period indicated. | |||||||||||||||||||||
Shares of restricted | |||||||||||||||||||||
stock | |||||||||||||||||||||
Unvested, December 31, 2013 | 103,507 | ||||||||||||||||||||
Grants | 7,904 | ||||||||||||||||||||
Forfeited | - | ||||||||||||||||||||
Vested | - | ||||||||||||||||||||
Unvested, March 31, 2014 | 111,411 | ||||||||||||||||||||
The following table summarizes information regarding stock options under the 2011 Plan that were outstanding at March 31, 2014. None of the stock options outstanding under the 2011 Plan were exercisable at March 31, 2014. | |||||||||||||||||||||
Options outstanding | |||||||||||||||||||||
Weighted- | Number of | Weighted- | Value of | ||||||||||||||||||
average | stock options | average | outstanding in-the- | ||||||||||||||||||
exercise | remaining | money stock | |||||||||||||||||||
price | contractual life | options | |||||||||||||||||||
(years) | |||||||||||||||||||||
$ | 10.4 | 312,501 | 7.13 | $ | 1,153,129 | ||||||||||||||||
11 | 59,500 | 7.3 | 183,855 | ||||||||||||||||||
12.96 | 4,000 | 9.89 | 4,520 | ||||||||||||||||||
Total | 376,001 | 7.19 | $ | 1,341,504 | |||||||||||||||||
Determining Fair Value. The following table summarizes the fair value of stock option awards granted under the 2011 Plan during the three months ended March 31, 2014 as estimated on the date of grant using the Black-Scholes option-pricing model and the assumptions used to determine the fair value of such grants. | |||||||||||||||||||||
2014 grants | |||||||||||||||||||||
Option exercise price, per share | $ | 12.96 | |||||||||||||||||||
Fair value of stock option awards granted, per share | $ | 6.87 | |||||||||||||||||||
Expected dividend yield | - | % | |||||||||||||||||||
Expected volatility | 50 | ||||||||||||||||||||
Risk-free interest rate | 2.19 | ||||||||||||||||||||
Expected term (years) | 7 | ||||||||||||||||||||
Vesting period (years) | 3 | ||||||||||||||||||||
Compensation Expense Relating to Equity-Based Compensation | |||||||||||||||||||||
The following table summarizes compensation expense for the 1997 Plan, 2008 Plan and the 2011 Plan charged against pretax income for the periods indicated (in thousands). | |||||||||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||
Compensation expense | |||||||||||||||||||||
1997 Plan | $ | - | $ | - | |||||||||||||||||
2008 Plan | 31 | 135 | |||||||||||||||||||
2011 Plan | 221 | 193 | |||||||||||||||||||
Total equity-based compensation expense | $ | 252 | $ | 328 | |||||||||||||||||
Income tax benefit | $ | 93 | $ | - | |||||||||||||||||
At March 31, 2014, based on equity awards outstanding at that time, the total unrecognized pretax compensation expense related to unvested equity awards granted under the 2008 Plan and 2011 Plan was $101 thousand and $926 thousand, respectively. This expense is expected to be recognized through 2016 under the 2008 Plan and 2017 under the 2011 Plan. |
Note_18_Average_Share_Informat
Note 18 - Average Share Information | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Earnings Per Share [Abstract] | ' | ||||||||
Earnings Per Share [Text Block] | ' | ||||||||
18. Average Share Information | |||||||||
The following table reconciles the denominators of the basic and diluted net income per common share computations for the periods indicated (dollars in thousands, except per share data). | |||||||||
For the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Basic net income per common share | |||||||||
Net income applicable to common shareholders | $ | 2,028 | $ | 2,176 | |||||
Undistributed earnings allocated to participating securities | (18 | ) | - | ||||||
Net income allocated to common shareholders | $ | 2,010 | $ | 2,176 | |||||
Average common shares issued and outstanding | 12,675,257 | 12,650,766 | |||||||
Basic net income per common share | $ | 0.16 | $ | 0.17 | |||||
Diluted net income per common share | |||||||||
Net income applicable to common shareholders | $ | 2,028 | $ | 2,176 | |||||
Undistributed earnings allocated to participating securities | (18 | ) | - | ||||||
Net income allocated to common shareholders | $ | 2,010 | $ | 2,176 | |||||
Average common shares issued and outstanding | 12,675,257 | 12,650,766 | |||||||
Dilutive potential common shares (1) | 32,187 | - | |||||||
Total diluted average common shares issued and outstanding | 12,707,444 | 12,650,766 | |||||||
Diluted net income per common share | $ | 0.16 | $ | 0.17 | |||||
(1) Includes dilutive impact of restricted stock and stock options, as applicable. |
Note_19_Commitments_Guarantees
Note 19 - Commitments, Guarantees and Other Contingencies | 3 Months Ended | ||||
Mar. 31, 2014 | |||||
Commitments and Contingencies Disclosure [Abstract] | ' | ||||
Commitments and Contingencies Disclosure [Text Block] | ' | ||||
19. Commitments, Guarantees and Other Contingencies | |||||
Unused lending commitments to clients are not recorded in the Consolidated Balance Sheets until funds are advanced. For commercial clients, lending commitments generally take the form of unused revolving credit arrangements to finance clients’ working capital requirements. For retail clients, lending commitments are generally unused lines of credit secured by residential property. The Company routinely extends lending commitments for both floating and fixed-rate loans. | |||||
The following table summarizes the contractual amounts of the Company’s unused lending commitments relating to extensions of credit with off-balance sheet risk at March 31, 2014 (in thousands). | |||||
Commitments to extend credit: | |||||
Revolving, open-end loans secured by single-family residential properties | $ | 60,532 | |||
Commercial real estate, construction and land development loans secured by real estate | |||||
Single-family residential construction loans | 10,858 | ||||
Commercial real estate, other construction loan, and land development loans | 22,394 | ||||
Commercial and industrial loans | 36,345 | ||||
Overdraft protection loans | 30,636 | ||||
Other | 16,680 | ||||
Total commitments to extend credit | $ | 177,445 | |||
Standby letters of credit are issued for clients in connection with contracts between clients and third parties. Letters of credit are conditional commitments issued by the Company to guarantee the performance of a client to a third party. The maximum potential amount of undiscounted future advances related to letters of credit was $4.0 million and $3.7 million at March 31, 2014 and December 31, 2013, respectively. | |||||
The reserve for estimated credit losses on unfunded lending commitments at March 31, 2014 and December 31, 2013 was $242 thousand and $259 thousand, respectively, and is recorded in Other liabilities in the Consolidated Balance Sheets. | |||||
For disclosure regarding our derivative financial instruments and hedging activities, see Note 20, Derivative Financial Instruments and Hedging Activities. | |||||
Contractual Obligations | |||||
In March 2013, the Bank entered into a subscription agreement for a $2.0 million limited partnership investment in Plexus Fund III, L.P. (the “Fund”). The Bank’s commitment represents approximately 1.3% of the Fund’s total capital commitments. Through the first quarter 2014, the Bank invested a total of $450 thousand in the Fund with a maximum potential investment of $2.0 million. Capital calls are at the discretion of the Fund and are expected to be fully invested by 2018. |
Note_20_Derivative_Financial_I
Note 20 - Derivative Financial Instruments and Hedging Activities | 3 Months Ended |
Mar. 31, 2014 | |
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' |
Derivative Instruments and Hedging Activities Disclosure [Text Block] | ' |
20. Derivative Financial Instruments and Hedging Activities | |
At March 31, 2014 and December 31, 2013, the Company’s only derivative instruments related to residential mortgage-banking activities. | |
At March 31, 2014, the notional amount of commitments to originate conforming mortgage loans held for sale totaled $6.5 million. These derivative loan commitments had positive fair values, included within Other assets in the Consolidated Balance Sheets, totaling $175 thousand. At December 31, 2013, the notional amount of commitments to originate conforming mortgage loans held for sale totaled $7.3 million. These derivative loan commitments had positive fair values, included within Other assets in the Consolidated Balance Sheets, totaling $176 thousand and negative fair values, included within Other liabilities in the Consolidated Balance Sheets, totaling $3 thousand. The net change in derivative loan commitment fair values during the three months ended March 31, 2014 and 2013 resulted in income of $1 thousand and $13 thousand, respectively. | |
The notional amount of forward sales commitments totaled $8.0 million at March 31, 2014. These forward sales commitments had positive fair values, included within Other assets in the Consolidated Balance Sheets, totaling $11 thousand and negative fair values, included within Other liabilities in the Consolidated Balance Sheets, totaling $6 thousand. The notional amount of forward sales commitments totaled $6.8 million at December 31, 2013. These forward sales commitments had positive fair values, included within Other assets in the Consolidated Balance Sheets, totaling $28 thousand and negative fair values, included within Other liabilities in the Consolidated Balance Sheets, totaling $4 thousand. The net change in forward sales commitment fair values during the three months ended March 31, 2014 and 2013 resulted in expense of $19 thousand and $89 thousand, respectively. |
Note_21_Disclosures_Regarding_
Note 21 - Disclosures Regarding Fair Value | 3 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value Disclosures [Text Block] | ' | ||||||||||||||||
21. Disclosures Regarding Fair Value | |||||||||||||||||
Assets and Liabilities Measured at Fair Value on a Recurring Basis | |||||||||||||||||
The following tables summarize assets and liabilities measured at fair value on a recurring basis at the dates indicated aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands). | |||||||||||||||||
31-Mar-14 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets | |||||||||||||||||
Trading account assets | $ | 432 | $ | 4,815 | $ | - | $ | 5,247 | |||||||||
Investment securities available for sale | |||||||||||||||||
U.S. agency | 1,943 | - | - | 1,943 | |||||||||||||
State and municipal | 1,086 | 6,210 | - | 7,296 | |||||||||||||
Collateralized mortgage obligations (federal agencies) | 2,383 | 84,484 | - | 86,867 | |||||||||||||
Other mortgage-backed (federal agencies) | 8,457 | 68,572 | - | 77,029 | |||||||||||||
SBA loan-backed (federal agency) | 19,071 | 16,566 | - | 35,637 | |||||||||||||
Derivative financial instruments | - | 186 | - | 186 | |||||||||||||
Total assets measured at fair value on a recurring basis | $ | 33,372 | $ | 180,833 | $ | - | $ | 214,205 | |||||||||
Liabilities | |||||||||||||||||
Derivative financial instruments | $ | - | $ | 6 | $ | - | $ | 6 | |||||||||
31-Dec-13 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets | |||||||||||||||||
Trading account assets | $ | 1,347 | $ | 3,771 | $ | - | $ | 5,118 | |||||||||
Investment securities available for sale | |||||||||||||||||
State and municipal | - | 7,460 | - | 7,460 | |||||||||||||
Collateralized mortgage obligations (federal agencies) | - | 93,132 | - | 93,132 | |||||||||||||
Other mortgage-backed (federal agencies) | 1,188 | 74,832 | - | 76,020 | |||||||||||||
SBA loan-backed (federal agency) | 20,457 | 17,314 | - | 37,771 | |||||||||||||
Derivative financial instruments | - | 204 | - | 204 | |||||||||||||
Total assets measured at fair value on a recurring basis | $ | 22,992 | $ | 196,713 | $ | - | $ | 219,705 | |||||||||
Liabilities | |||||||||||||||||
Derivative financial instruments | $ | - | $ | 7 | $ | - | $ | 7 | |||||||||
For additional disclosure regarding the fair value of Pension Plan assets, see Note 16, Benefit Plans. | |||||||||||||||||
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis | |||||||||||||||||
For financial assets measured at fair value on a nonrecurring basis that are recorded in the Consolidated Balance Sheets, the following tables summarize the level of valuation assumptions used to determine fair value of the related individual assets at the dates indicated (in thousands). There were no liabilities measured at fair value on a nonrecurring basis at March 31, 2014 or December 31, 2013. | |||||||||||||||||
31-Mar-14 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets | |||||||||||||||||
Mortgage loans held for sale | $ | - | $ | 2,474 | $ | - | $ | 2,474 | |||||||||
Impaired loans | - | 5,726 | - | 5,726 | |||||||||||||
Foreclosed real estate and repossessed personal property | 34 | 377 | 6,253 | 6,664 | |||||||||||||
Long-lived assets held for sale | - | - | 685 | 685 | |||||||||||||
Total assets measured at fair value on a nonrecurring basis | $ | 34 | $ | 8,577 | $ | 6,938 | $ | 15,549 | |||||||||
31-Dec-13 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets | |||||||||||||||||
Mortgage loans held for sale | $ | - | $ | 1,722 | $ | - | $ | 1,722 | |||||||||
Impaired loans | - | 5,588 | 25 | 5,613 | |||||||||||||
Foreclosed real estate and repossessed personal property | 34 | 31 | 6,595 | 6,660 | |||||||||||||
Long-lived assets held for sale | - | - | 685 | 685 | |||||||||||||
Total assets measured at fair value on a nonrecurring basis | $ | 34 | $ | 7,341 | $ | 7,305 | $ | 14,680 | |||||||||
Level 3 Valuation Methodologies. The following table summarizes the significant unobservable inputs used in the fair value measurements for Level 3 assets measured at fair value on a nonrecurring basis at March 31, 2014 (in thousands). | |||||||||||||||||
Fair value | Valuation technique | Significant unobservable inputs | |||||||||||||||
Assets | |||||||||||||||||
Foreclosed real estate and repossessed personal property | $ | 6,253 | Appraisals of collateral value | Adjustments to appraisal for age of comparable sales | |||||||||||||
Long-lived assets held for sale | 685 | Internal valuation | Appraisals and/or sales of comparable properties | ||||||||||||||
Carrying Amounts and Estimated Fair Value of Financial Assets and Liabilities Not Measured at Fair Value | |||||||||||||||||
The following table summarizes the carrying amount and fair value for other financial instruments included in the Consolidated Balance Sheets at the dates indicated (in thousands) all of which are considered Level 3 fair value estimates. These fair value estimates are subject to fluctuation based on the amount and timing of expected cash flows as well as the choice of discount rate used in the present value calculation. The Company used management's best estimate of fair value. Thus, the fair values presented may not be the amounts that could be realized in an immediate sale or settlement of the instrument. In addition, any income taxes or other expenses that would be incurred in an actual sale or settlement are not taken into consideration in the fair values presented. | |||||||||||||||||
Carrying amount | Fair value | ||||||||||||||||
31-Mar-14 | |||||||||||||||||
Financial instruments - assets | |||||||||||||||||
Loans (1) | $ | 736,673 | $ | 738,458 | |||||||||||||
Financial instruments - liabilities | |||||||||||||||||
Deposits | 928,033 | 916,003 | |||||||||||||||
31-Dec-13 | |||||||||||||||||
Financial instruments - assets | |||||||||||||||||
Loans (1) | $ | 748,243 | $ | 748,330 | |||||||||||||
Financial instruments - liabilities | |||||||||||||||||
Deposits | 907,360 | 896,858 | |||||||||||||||
(1) Includes gross loans less impaired loans for which fair value exceeds carrying value and allowance for loan losses relative to loans collectively evaluated for impairment. |
Note_22_Regulatory_Capital_Req
Note 22 - Regulatory Capital Requirements and Dividend Restrictions | 3 Months Ended | ||||||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||||||
Disclosure Text Block [Abstract] | ' | ||||||||||||||||||||||||
Regulatory Capital Requirements under Banking Regulations [Text Block] | ' | ||||||||||||||||||||||||
22. Regulatory Capital Requirements and Dividend Restrictions | |||||||||||||||||||||||||
The following table summarizes the Company’s and the Bank’s actual and required capital ratios at the dates indicated (dollars in thousands). The Bank was classified in the well-capitalized category at both March 31, 2014 and December 31, 2013. Since March 31, 2014, no conditions or events have occurred, of which the Company is aware, that have resulted in a material change in the Bank's risk category other than as reported in this Quarterly Report on Form 10-Q. | |||||||||||||||||||||||||
Actual | For capital adequacy | To be well capitalized under | |||||||||||||||||||||||
purposes | prompt corrective action | ||||||||||||||||||||||||
provisions | |||||||||||||||||||||||||
amount | ratio | amount | ratio | amount | ratio | ||||||||||||||||||||
At March 31, 2014 | |||||||||||||||||||||||||
Total capital to risk-weighted assets | |||||||||||||||||||||||||
Company | $ | 133,473 | 16.08 | % | $ | 66,419 | 8 | % | n/a | n/a | |||||||||||||||
Bank | 133,404 | 16.07 | 66,417 | 8 | $ | 83,021 | 10 | % | |||||||||||||||||
Tier 1 capital to risk-weighted assets | |||||||||||||||||||||||||
Company | 123,020 | 14.82 | 33,209 | 4 | n/a | n/a | |||||||||||||||||||
Bank | 122,951 | 14.81 | 33,208 | 4 | 49,813 | 6 | |||||||||||||||||||
Tier 1 leverage ratio | |||||||||||||||||||||||||
Company | 123,020 | 11.37 | 43,262 | 4 | n/a | n/a | |||||||||||||||||||
Bank | 122,951 | 11.37 | 43,262 | 4 | 54,077 | 5 | |||||||||||||||||||
At December 31, 2013 | |||||||||||||||||||||||||
Total capital to risk-weighted assets | |||||||||||||||||||||||||
Company | $ | 130,043 | 15.49 | % | $ | 67,142 | 8 | % | n/a | n/a | |||||||||||||||
Bank | 129,956 | 15.48 | 67,142 | 8 | $ | 83,928 | 10 | % | |||||||||||||||||
Tier 1 capital to risk-weighted assets | |||||||||||||||||||||||||
Company | 119,475 | 14.24 | 33,571 | 4 | n/a | n/a | |||||||||||||||||||
Bank | 119,388 | 14.23 | 33,571 | 4 | 50,357 | 6 | |||||||||||||||||||
Tier 1 leverage ratio | |||||||||||||||||||||||||
Company | 119,475 | 11.03 | 43,309 | 4 | n/a | n/a | |||||||||||||||||||
Bank | 119,388 | 11.03 | 43,311 | 4 | 54,138 | 5 | |||||||||||||||||||
The Bank is subject to certain regulatory requirements and restrictions related to credit quality and earnings, including a restriction prohibiting dividend payments from the Bank to the Company without prior approval from the Supervisory Authorities, and the maintenance of a specified leverage capital ratio. |
Accounting_Policies_by_Policy_
Accounting Policies, by Policy (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Accounting Policies [Abstract] | ' |
Nature of Operation [Policy Text Block] | ' |
Nature of Operations | |
Palmetto Bancshares, Inc. (the "Company") is a South Carolina bank holding company organized in 1982 and headquartered in Greenville, South Carolina. The Company serves as the bank holding company for The Palmetto Bank (the “Bank”), which began operations in 1906. Also headquartered in Greenville, South Carolina, The Palmetto Bank is the third largest banking institution headquartered in South Carolina. The Palmetto Bank serves the Upstate of South Carolina through 25 branch locations in nine counties along the economically attractive I-85 corridor, as well as 24/7/365 service through online and mobile banking and automatic teller machines. Through its Retail, Commercial and Wealth Management lines of business, the Bank specializes in providing financial solutions to consumers and small to mid-size businesses with deposit and cash management products, loans (including consumer, mortgage, credit card, automobile, Small Business Administration (“SBA”), commercial and corporate), lines of credit, trust, brokerage, private banking, financial planning and insurance. | |
Consolidation, Policy [Policy Text Block] | ' |
Principles of Consolidation / Basis of Presentation | |
The accompanying Consolidated Financial Statements include the accounts of Palmetto Bancshares, Inc., the Bank and subsidiaries of the Bank (also collectively referred to as the “Company,” “we,” “us” or “our”). In management’s opinion, all significant intercompany accounts and transactions have been eliminated in consolidation, and all adjustments necessary for a fair presentation of the financial condition and results of operations for the periods presented have been included. Any such adjustments are of a normal and recurring nature. Assets held by the Company in a fiduciary or agency capacity for clients are not included in the Company’s Consolidated Financial Statements because those items do not represent assets of the Company. The accounting and financial reporting policies of the Company conform, in all material respects, to accounting principles generally accepted in the United States of America (“GAAP”) and to general practices within the financial services industry. | |
The Consolidated Financial Statements at and for the three months ended March 31, 2014 and 2013 contained in this Quarterly Report on Form 10-Q have not been audited by our independent registered public accounting firm. The Consolidated Financial Statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q adopted by the Securities and Exchange Commission (the “SEC”). Accordingly, the Consolidated Financial Statements do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Consolidated Financial Statements and notes thereto for the year ended December 31, 2013 included in our Annual Report on Form 10-K filed with the SEC on March 5, 2014 (the “2013 Annual Report on Form 10-K”). | |
Subsequent Events, Policy [Policy Text Block] | ' |
Subsequent Events | |
Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet including the estimates inherent in the process of preparing financial statements. Unrecognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. The Company has reviewed events occurring through the issuance date of the Consolidated Financial Statements and no subsequent events have occurred requiring accrual or disclosure in these financial statements other than those included in this Quarterly Report on Form 10-Q. | |
Segment Reporting, Policy [Policy Text Block] | ' |
Business Segments | |
Operating segments are components of an enterprise about which separate financial information is available and evaluated regularly by the Company’s chief operating decision makers in deciding how to allocate resources and assess performance. Public enterprises are required to report a measure of segment profit or loss, certain specific revenue and expense items for each segment, segment assets and information about the way that the operating segments were determined, among other items. | |
The Company considers business segments by analyzing distinguishable components that are engaged in providing individual products, services or groups of related products or services and that are subject to risks and returns that are different from those of other business segments. When determining whether products and services are related, the Company considers the nature of the products or services, the nature of the production processes, the type or class of client for which the products or services are designed and the methods used to distribute the products or provide the services. | |
For the past several years, we have been realigning our organizational structure and more specifically delineating our businesess for improved accountability and go-to-market strategies. The Company has limited financial information for these businesses, and we do not yet have financial information that meets the criteria to be considered reportable segments. Accordingly, at March 31, 2014, the Company had one reportable business segment, banking. | |
Use of Estimates, Policy [Policy Text Block] | ' |
Use of Estimates | |
In preparing the Consolidated Financial Statements, the Company’s management makes estimates and assumptions that impact the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates and for the periods indicated in the Consolidated Financial Statements. Actual results could differ from these estimates and assumptions. Therefore, the results of operations for the three months ended March 31, 2014 are not necessarily indicative of the results of operations that may be expected in future periods. | |
Reclassification, Policy [Policy Text Block] | ' |
Reclassifications | |
Certain amounts previously presented in our Consolidated Financial Statements for prior periods have been reclassified to conform to current classifications. All such reclassifications had no impact on the prior periods’ net income, comprehensive income or shareholders’ equity as previously reported. | |
New Accounting Pronouncements, Policy [Policy Text Block] | ' |
Recently Adopted Authoritative Pronouncements | |
In May 2013, the Committee of Sponsoring Organizations (“COSO”) of the Treadway Commission issued its updated Internal Control–Integrated Framework and related illustrative documents. The updated framework was written to reflect the changes in business in the two decades since the first version was released in 1992. The Company transitioned from the 1992 framework to the 2013 framework during the first quarter 2014. | |
In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2013-11 Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (“ASU 2013-11”) to provide guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists thereby reducing diversity in practice. The amendments in ASU 2013-11 became effective for the Company on January 1, 2014 and did not have a material impact on the Company’s financial position, results of operations or cash flows. | |
In January 2014, the FASB issued ASU 2014-04 Receivables—Troubled Debt Restructurings by Creditors (Topic 310): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure (“ASU 2014-04”) to address the reclassification of consumer mortgage loans collateralized by residential real estate upon foreclosure. The amendments clarify the criteria for concluding that an in substance repossession or foreclosure has occurred, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan. ASU 2014-04 became effective for the Company on January 1, 2014 and did not have a material impact on the Company’s financial position, results of operations or cash flows. | |
Description of New Accounting Pronouncements Not yet Adopted [Text Block] | ' |
Recently Issued Authoritative Pronouncements | |
In January 2014, the FASB issued ASU 2014-01, Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects (a Consensus of the FASB Emerging Issues Task Force) (“ASU 2014-01”) to modify the criteria an entity must meet to account for a low-income housing tax credit investment by using the measurement and presentation alternative in Accounting Standards Codification (“ASC”) 323-740. This method permits an investment’s performance to be presented net of the related tax benefits as part of income tax expense. ASU 2014-01 is likely to increase the number of low-income housing tax credit investments that would qualify for this method. The new guidance also simplifies the amortization method an entity uses when it qualifies for and elects to apply the accounting permitted under ASC 323-740 by establishing a proportional-amortization method that replaces the effective-yield method previously required. The amendments should be applied retrospectively to all periods presented and are effective for public entities for annual periods, and interim reporting periods within those annual periods, beginning after December 15, 2014. The Company does not expect the adoption of ASU 2014-01 to have a material impact on its financial position, results of operations or cash flows. | |
Other accounting standards that have been recently issued by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows. |
Note_3_Trading_Account_Assets_
Note 3 - Trading Account Assets (Tables) | 3 Months Ended | ||||||||||||||||||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||||||||||||||||||
Note 3 - Trading Account Assets (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||||||
Trading Securities [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||||||
Municipal bonds | $ | 4,815 | $ | 3,771 | |||||||||||||||||||||||||||||||||
Insured bank deposits | 432 | 1,347 | |||||||||||||||||||||||||||||||||||
Total trading account assets | $ | 5,247 | $ | 5,118 | |||||||||||||||||||||||||||||||||
Gain (Loss) on Investments [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
Municipal bonds | |||||||||||||||||||||||||||||||||||||
Realized gains, net | $ | 178 | |||||||||||||||||||||||||||||||||||
Unrealized losses, net due to changes in fair value relative to assets held at end of period | (7 | ) | |||||||||||||||||||||||||||||||||||
Total trading account income, net | $ | 171 | |||||||||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
Construction, land | Multifamily | Nonfarm | Total commercial | ||||||||||||||||||||||||||||||||||
development and other | residential | nonresidential | real estate | ||||||||||||||||||||||||||||||||||
land loans | |||||||||||||||||||||||||||||||||||||
Grade 1 | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||||||||||||||
Grade 2 | - | - | - | - | |||||||||||||||||||||||||||||||||
Grade 3 | 10,206 | 163 | 67,597 | 77,966 | |||||||||||||||||||||||||||||||||
Grade 4 | 36,364 | 1,581 | 168,340 | 206,285 | |||||||||||||||||||||||||||||||||
Grade W | 5,134 | 8,059 | 76,633 | 89,826 | |||||||||||||||||||||||||||||||||
Grade 5 | 2,158 | - | 20,418 | 22,576 | |||||||||||||||||||||||||||||||||
Grade 6 | 3,677 | 180 | 26,210 | 30,067 | |||||||||||||||||||||||||||||||||
Grade 7 | 803 | - | 1,599 | 2,402 | |||||||||||||||||||||||||||||||||
Not risk rated* | 16,031 | - | - | 16,031 | |||||||||||||||||||||||||||||||||
Total | $ | 74,373 | $ | 9,983 | $ | 360,797 | $ | 445,153 | |||||||||||||||||||||||||||||
Schedule of Available-for-sale Securities Reconciliation [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
31-Mar-14 | |||||||||||||||||||||||||||||||||||||
Amortized cost | Gross | Gross | Fair value | ||||||||||||||||||||||||||||||||||
unrealized | unrealized | ||||||||||||||||||||||||||||||||||||
gains | losses | ||||||||||||||||||||||||||||||||||||
U.S. agency | $ | 1,940 | $ | 3 | $ | - | $ | 1,943 | |||||||||||||||||||||||||||||
State and municipal | 7,247 | 98 | (49 | ) | 7,296 | ||||||||||||||||||||||||||||||||
Collateralized mortgage obligations (federal agencies) | 89,979 | 27 | (3,139 | ) | 86,867 | ||||||||||||||||||||||||||||||||
Other mortgage-backed (federal agencies) | 77,459 | 193 | (623 | ) | 77,029 | ||||||||||||||||||||||||||||||||
SBA loan-backed (federal agency) | 35,589 | 170 | (122 | ) | 35,637 | ||||||||||||||||||||||||||||||||
Total investment securities available for sale | $ | 212,214 | $ | 491 | $ | (3,933 | ) | $ | 208,772 | ||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||
Amortized cost | Gross | Gross | Fair value | ||||||||||||||||||||||||||||||||||
unrealized | unrealized | ||||||||||||||||||||||||||||||||||||
gains | losses | ||||||||||||||||||||||||||||||||||||
State and municipal | $ | 7,393 | $ | 138 | $ | (71 | ) | $ | 7,460 | ||||||||||||||||||||||||||||
Collateralized mortgage obligations (federal agencies) | 97,303 | 30 | (4,201 | ) | 93,132 | ||||||||||||||||||||||||||||||||
Other mortgage-backed (federal agencies) | 76,852 | 95 | (927 | ) | 76,020 | ||||||||||||||||||||||||||||||||
SBA loan-backed (federal agency) | 37,655 | 258 | (142 | ) | 37,771 | ||||||||||||||||||||||||||||||||
Total investment securities available for sale | $ | 219,203 | $ | 521 | $ | (5,341 | ) | $ | 214,383 | ||||||||||||||||||||||||||||
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
31-Mar-14 | |||||||||||||||||||||||||||||||||||||
Less than 12 months | 12 months or longer | Total | |||||||||||||||||||||||||||||||||||
# | Fair value | Gross | # | Fair value | Gross | # | Fair value | Gross | |||||||||||||||||||||||||||||
unrealized | unrealized | unrealized | |||||||||||||||||||||||||||||||||||
losses | losses | losses | |||||||||||||||||||||||||||||||||||
U.S. agency | - | $ | - | $ | - | - | $ | - | $ | - | - | $ | - | $ | - | ||||||||||||||||||||||
State and municipal | 1 | 1,030 | 49 | - | - | - | 1 | 1,030 | 49 | ||||||||||||||||||||||||||||
Collateralized mortgage obligations (federal agencies) | 7 | 33,068 | 780 | 13 | 47,898 | 2,359 | 20 | 80,966 | 3,139 | ||||||||||||||||||||||||||||
Other mortgage-backed (federal agencies) | 17 | 36,702 | 503 | 1 | 1,536 | 120 | 18 | 38,238 | 623 | ||||||||||||||||||||||||||||
SBA loan-backed (federal agency) | 5 | 17,838 | 49 | 3 | 5,146 | 73 | 8 | 22,984 | 122 | ||||||||||||||||||||||||||||
Total | 30 | $ | 88,638 | $ | 1,381 | 17 | $ | 54,580 | $ | 2,552 | 47 | $ | 143,218 | $ | 3,933 | ||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||
Less than 12 months | 12 months or longer | Total | |||||||||||||||||||||||||||||||||||
# | Fair value | Gross | # | Fair value | Gross | # | Fair value | Gross unrealized losses | |||||||||||||||||||||||||||||
unrealized | unrealized | ||||||||||||||||||||||||||||||||||||
losses | losses | ||||||||||||||||||||||||||||||||||||
State and municipal | 1 | $ | 1,010 | $ | 71 | - | $ | - | $ | - | 1 | $ | 1,010 | $ | 71 | ||||||||||||||||||||||
Collateralized mortgage obligations (federal agencies) | 14 | 62,251 | 2,863 | 9 | 29,123 | 1,338 | 23 | 91,374 | 4,201 | ||||||||||||||||||||||||||||
Other mortgage-backed (federal agencies) | 20 | 64,428 | 774 | 1 | 1,517 | 153 | 21 | 65,945 | 927 | ||||||||||||||||||||||||||||
SBA loan-backed (federal agency) | 4 | 14,468 | 73 | 3 | 5,306 | 69 | 7 | 19,774 | 142 | ||||||||||||||||||||||||||||
Total | 39 | $ | 142,157 | $ | 3,781 | 13 | $ | 35,946 | $ | 1,560 | 52 | $ | 178,103 | $ | 5,341 | ||||||||||||||||||||||
Available For Sale Securities Credit Rating by Moody's [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
U.S. | State | Collateralized | Other | SBA | |||||||||||||||||||||||||||||||||
agency | and | mortgage obligations | mortgage-backed | loan-backed | |||||||||||||||||||||||||||||||||
municipal | (federal agencies) | (federal agencies) | (federal agency) | ||||||||||||||||||||||||||||||||||
Aaa | 100 | % | - | % | 100 | % | 100 | % | 100 | ||||||||||||||||||||||||||||
Aa1 - A2 | - | 77 | - | - | - | ||||||||||||||||||||||||||||||||
Baa1 | - | 6 | - | - | - | ||||||||||||||||||||||||||||||||
Not rated | - | 17 | - | - | - | ||||||||||||||||||||||||||||||||
Total | 100 | % | 100 | % | 100 | % | 100 | % | 100 | ||||||||||||||||||||||||||||
U.S. | State | Collateralized | Other | SBA | |||||||||||||||||||||||||||||||||
agency | and | mortgage obligations | mortgage-backed | loan-backed | |||||||||||||||||||||||||||||||||
municipal | (federal agencies) | (federal agencies) | (federal agency) | ||||||||||||||||||||||||||||||||||
Aaa | - | % | - | % | - | % | - | % | - | % | |||||||||||||||||||||||||||
Aa+ | 100 | 15 | 100 | 100 | 100 | ||||||||||||||||||||||||||||||||
Aa - Aa- | - | 30 | - | - | - | ||||||||||||||||||||||||||||||||
Not rated | - | 55 | - | - | - | ||||||||||||||||||||||||||||||||
Total | 100 | % | 100 | % | 100 | % | 100 | % | 100 | % | |||||||||||||||||||||||||||
Investments Classified by Contractual Maturity Date [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
Amortized cost | Fair value | ||||||||||||||||||||||||||||||||||||
Due in one year or less | $ | - | $ | - | |||||||||||||||||||||||||||||||||
Due after one year through five years | - | - | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | 1,940 | 1,943 | |||||||||||||||||||||||||||||||||||
Due after ten years | - | - | |||||||||||||||||||||||||||||||||||
U.S. agency | 1,940 | 1,943 | |||||||||||||||||||||||||||||||||||
Due in one year or less | 3,112 | 3,137 | |||||||||||||||||||||||||||||||||||
Due after one year through five years | 1,971 | 2,043 | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | 2,164 | 2,116 | |||||||||||||||||||||||||||||||||||
Due after ten years | - | - | |||||||||||||||||||||||||||||||||||
State and municipal | 7,247 | 7,296 | |||||||||||||||||||||||||||||||||||
Due in one year or less | 2,038 | 2,041 | |||||||||||||||||||||||||||||||||||
Due after one year through five years | 8,242 | 8,073 | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | 79,699 | 76,753 | |||||||||||||||||||||||||||||||||||
Due after ten years | - | - | |||||||||||||||||||||||||||||||||||
Collateralized mortgage obligations (federal agencies) | 89,979 | 86,867 | |||||||||||||||||||||||||||||||||||
Due in one year or less | 773 | 773 | |||||||||||||||||||||||||||||||||||
Due after one year through five years | 35,621 | 35,768 | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | 16,712 | 16,392 | |||||||||||||||||||||||||||||||||||
Due after ten years | 24,353 | 24,096 | |||||||||||||||||||||||||||||||||||
Other mortgage-backed (federal agencies) | 77,459 | 77,029 | |||||||||||||||||||||||||||||||||||
Due in one year or less | - | - | |||||||||||||||||||||||||||||||||||
Due after one year through five years | 24,505 | 24,429 | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | - | - | |||||||||||||||||||||||||||||||||||
Due after ten years | 11,084 | 11,208 | |||||||||||||||||||||||||||||||||||
SBA loan-backed (federal agency) | 35,589 | 35,637 | |||||||||||||||||||||||||||||||||||
Due in one year or less | 5,923 | 5,951 | |||||||||||||||||||||||||||||||||||
Due after one year through five years | 70,339 | 70,313 | |||||||||||||||||||||||||||||||||||
Due after five years through ten years | 100,515 | 97,204 | |||||||||||||||||||||||||||||||||||
Due after ten years | 35,437 | 35,304 | |||||||||||||||||||||||||||||||||||
Total investment securities available for sale | $ | 212,214 | $ | 208,772 | |||||||||||||||||||||||||||||||||
Schedule of Available for Sale Securities Pledged as Collateral [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||||||
Public funds deposits | $ | 84,368 | $ | 75,718 | |||||||||||||||||||||||||||||||||
Retail repurchase agreements | 27,044 | 25,626 | |||||||||||||||||||||||||||||||||||
Federal Reserve line of credit | 1,461 | 1,459 | |||||||||||||||||||||||||||||||||||
Correspondent bank lines of credit | 16,041 | 16,788 | |||||||||||||||||||||||||||||||||||
Total investment securities available for sale pledged | $ | 128,914 | $ | 119,591 | |||||||||||||||||||||||||||||||||
Comprehensive Income (Loss) [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||||||
Realized gains | $ | 125 | $ | - | |||||||||||||||||||||||||||||||||
Realized losses | (40 | ) | - | ||||||||||||||||||||||||||||||||||
Total investment securities gains, net | $ | 85 | $ | - | |||||||||||||||||||||||||||||||||
Trading, Municipal Bonds [Member] | ' | ||||||||||||||||||||||||||||||||||||
Note 3 - Trading Account Assets (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | ||||||||||||||||||||||||||||||||||||
Moody's | |||||||||||||||||||||||||||||||||||||
ratings | |||||||||||||||||||||||||||||||||||||
Aaa | 5 | ||||||||||||||||||||||||||||||||||||
Aa1 - Aa3 | 43 | ||||||||||||||||||||||||||||||||||||
A1 - A3 | 29 | ||||||||||||||||||||||||||||||||||||
Not rated | 23 | ||||||||||||||||||||||||||||||||||||
Total | 100 | ||||||||||||||||||||||||||||||||||||
Standard and | |||||||||||||||||||||||||||||||||||||
Poor's Ratings | |||||||||||||||||||||||||||||||||||||
AAA | 13 | ||||||||||||||||||||||||||||||||||||
AA+ - AA- | 50 | ||||||||||||||||||||||||||||||||||||
A+ - A- | 18 | ||||||||||||||||||||||||||||||||||||
BBB+ - BBB | 1 | ||||||||||||||||||||||||||||||||||||
Not rated | 18 | ||||||||||||||||||||||||||||||||||||
Total | 100 | ||||||||||||||||||||||||||||||||||||
Note_5_Loans_Tables
Note 5 - Loans (Tables) | 3 Months Ended | ||||||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||||||
Receivables [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Gross Loans and Commercial Loans [Table Text Block] | ' | ||||||||||||||||||||||||
31-Mar-14 | 31-Dec-13 | ||||||||||||||||||||||||
Total | % of total | Total | % of total | ||||||||||||||||||||||
Commercial real estate | $ | 445,153 | 58.9 | % | $ | 455,452 | 59.4 | % | |||||||||||||||||
Single-family residential | 176,454 | 23.3 | 178,125 | 23.2 | |||||||||||||||||||||
Commercial and industrial | 72,477 | 9.6 | 73,078 | 9.5 | |||||||||||||||||||||
Consumer | 51,319 | 6.8 | 50,099 | 6.5 | |||||||||||||||||||||
Other | 10,475 | 1.4 | 10,759 | 1.4 | |||||||||||||||||||||
Loans, gross | $ | 755,878 | 100 | % | $ | 767,513 | 100 | % | |||||||||||||||||
Summary of Loans Secured by Commercial Real Estate [Table Text Block] | ' | ||||||||||||||||||||||||
Total commercial | % of gross loans | % of Bank's | |||||||||||||||||||||||
real estate loans | total regulatory | ||||||||||||||||||||||||
capital | |||||||||||||||||||||||||
Secured by commercial real estate | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 74,373 | 9.9 | % | 55.7 | % | |||||||||||||||||||
Multifamily residential | 9,983 | 1.3 | 7.5 | ||||||||||||||||||||||
Nonfarm nonresidential | 360,797 | 47.7 | 270.5 | ||||||||||||||||||||||
Total loans secured by commercial real estate | $ | 445,153 | 58.9 | % | 333.7 | % | |||||||||||||||||||
Summary of Loans Secured by Commercial Real Estate by Category [Table Text Block] | ' | ||||||||||||||||||||||||
Total commercial | % of gross loans | % of Bank's | |||||||||||||||||||||||
real estate loans | total regulatory | ||||||||||||||||||||||||
capital | |||||||||||||||||||||||||
Development commercial real estate loans | |||||||||||||||||||||||||
Secured by: | |||||||||||||||||||||||||
Land - unimproved (commercial or residential) | $ | 18,750 | 2.5 | % | 14.1 | % | |||||||||||||||||||
Land development - commercial | 7,376 | 1 | 5.5 | ||||||||||||||||||||||
Land development - residential | 8,071 | 1.1 | 6.1 | ||||||||||||||||||||||
Commercial construction: | |||||||||||||||||||||||||
Retail | 1,657 | 0.2 | 1.2 | ||||||||||||||||||||||
Office | 5,840 | 0.8 | 4.4 | ||||||||||||||||||||||
Multifamily | 8,689 | 1.1 | 6.5 | ||||||||||||||||||||||
Industrial and warehouse | 668 | 0.1 | 0.5 | ||||||||||||||||||||||
Miscellaneous commercial | 7,766 | 1 | 5.8 | ||||||||||||||||||||||
Total development commercial real estate loans | 58,817 | 7.8 | 44.1 | ||||||||||||||||||||||
Existing and other commercial real estate loans | |||||||||||||||||||||||||
Secured by: | |||||||||||||||||||||||||
Hotel / motel | 53,843 | 7.1 | 40.4 | ||||||||||||||||||||||
Retail | 23,737 | 3.1 | 17.8 | ||||||||||||||||||||||
Office | 9,546 | 1.3 | 7.2 | ||||||||||||||||||||||
Multifamily | 9,983 | 1.3 | 7.5 | ||||||||||||||||||||||
Industrial and warehouse | 6,044 | 0.8 | 4.5 | ||||||||||||||||||||||
Healthcare | 13,728 | 1.8 | 10.3 | ||||||||||||||||||||||
Miscellaneous commercial | 104,775 | 13.9 | 78.5 | ||||||||||||||||||||||
Total existing and other commercial real estate loans | 221,656 | 29.3 | 166.2 | ||||||||||||||||||||||
Commercial real estate owner-occupied and residential loans | |||||||||||||||||||||||||
Secured by: | |||||||||||||||||||||||||
Commercial - owner-occupied | 149,124 | 19.7 | 111.8 | ||||||||||||||||||||||
Commercial construction - owner-occupied | 6,861 | 0.9 | 5.1 | ||||||||||||||||||||||
Residential construction - contract | 8,695 | 1.2 | 6.5 | ||||||||||||||||||||||
Total commercial real estate owner-occupied and residential loans | 164,680 | 21.8 | 123.4 | ||||||||||||||||||||||
Total loans secured by commercial real estate | $ | 445,153 | 58.9 | % | 333.7 | % | |||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | ||||||||||||||||||||||||
Construction, land | Multifamily | Nonfarm | Total commercial | ||||||||||||||||||||||
development and other | residential | nonresidential | real estate | ||||||||||||||||||||||
land loans | |||||||||||||||||||||||||
Grade 1 | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||
Grade 2 | - | - | - | - | |||||||||||||||||||||
Grade 3 | 10,206 | 163 | 67,597 | 77,966 | |||||||||||||||||||||
Grade 4 | 36,364 | 1,581 | 168,340 | 206,285 | |||||||||||||||||||||
Grade W | 5,134 | 8,059 | 76,633 | 89,826 | |||||||||||||||||||||
Grade 5 | 2,158 | - | 20,418 | 22,576 | |||||||||||||||||||||
Grade 6 | 3,677 | 180 | 26,210 | 30,067 | |||||||||||||||||||||
Grade 7 | 803 | - | 1,599 | 2,402 | |||||||||||||||||||||
Not risk rated* | 16,031 | - | - | 16,031 | |||||||||||||||||||||
Total | $ | 74,373 | $ | 9,983 | $ | 360,797 | $ | 445,153 | |||||||||||||||||
Schedules of Internal Quality Indicators on Commercial and Industrial [Table Text Block] | ' | ||||||||||||||||||||||||
Commercial and | |||||||||||||||||||||||||
industrial | |||||||||||||||||||||||||
Grade 1 | $ | 817 | |||||||||||||||||||||||
Grade 2 | 1,589 | ||||||||||||||||||||||||
Grade 3 | 9,986 | ||||||||||||||||||||||||
Grade 4 | 49,225 | ||||||||||||||||||||||||
Grade W | 5,351 | ||||||||||||||||||||||||
Grade 5 | 1,195 | ||||||||||||||||||||||||
Grade 6 | 3,899 | ||||||||||||||||||||||||
Grade 7 | 415 | ||||||||||||||||||||||||
Not risk rated | - | ||||||||||||||||||||||||
Total | $ | 72,477 | |||||||||||||||||||||||
Commercial and | |||||||||||||||||||||||||
industrial | |||||||||||||||||||||||||
Grade 1 | $ | 879 | |||||||||||||||||||||||
Grade 2 | 1,186 | ||||||||||||||||||||||||
Grade 3 | 8,830 | ||||||||||||||||||||||||
Grade 4 | 51,167 | ||||||||||||||||||||||||
Grade W | 5,151 | ||||||||||||||||||||||||
Grade 5 | 2,361 | ||||||||||||||||||||||||
Grade 6 | 2,923 | ||||||||||||||||||||||||
Grade 7 | 494 | ||||||||||||||||||||||||
Not risk rated | 87 | ||||||||||||||||||||||||
Total | $ | 73,078 | |||||||||||||||||||||||
Schedule of Mortgage Loan by Credit Quality Indicator [Table Text Block] | ' | ||||||||||||||||||||||||
Single-family | Single-family | Single-family | Total single-family | ||||||||||||||||||||||
residential revolving, | residential closed- | residential closed- | residential loans | ||||||||||||||||||||||
open-end loans | end, first lien | end, junior lien | |||||||||||||||||||||||
Performing | $ | 70,756 | $ | 99,686 | $ | 3,653 | $ | 174,095 | |||||||||||||||||
Nonperforming | 564 | 1,686 | 109 | 2,359 | |||||||||||||||||||||
Total | $ | 71,320 | $ | 101,372 | $ | 3,762 | $ | 176,454 | |||||||||||||||||
Single-family | Single-family | Single-family | Total single-family residential loans | ||||||||||||||||||||||
residential revolving, | residential closed- | residential closed- | |||||||||||||||||||||||
open-end loans | end, first lien | end, junior lien | |||||||||||||||||||||||
Performing | $ | 69,121 | $ | 101,100 | $ | 3,802 | $ | 174,023 | |||||||||||||||||
Nonperforming | 797 | 3,176 | 129 | 4,102 | |||||||||||||||||||||
Total | $ | 69,918 | $ | 104,276 | $ | 3,931 | $ | 178,125 | |||||||||||||||||
Schedule of Consumer Loans by Credit Quality Indicators [Table Text Block] | ' | ||||||||||||||||||||||||
Indirect automobile | All other consumer | Total consumer | |||||||||||||||||||||||
Performing | $ | 39,953 | $ | 11,213 | $ | 51,166 | |||||||||||||||||||
Nonperforming | 136 | 17 | 153 | ||||||||||||||||||||||
Total | $ | 40,089 | $ | 11,230 | $ | 51,319 | |||||||||||||||||||
Other | |||||||||||||||||||||||||
Performing | $ | 10,475 | |||||||||||||||||||||||
Nonperforming | - | ||||||||||||||||||||||||
Total | $ | 10,475 | |||||||||||||||||||||||
Indirect automobile | All other consumer | Total consumer | |||||||||||||||||||||||
Performing | $ | 38,514 | $ | 11,349 | $ | 49,863 | |||||||||||||||||||
Nonperforming | 210 | 26 | 236 | ||||||||||||||||||||||
Total | $ | 38,724 | $ | 11,375 | $ | 50,099 | |||||||||||||||||||
Other | |||||||||||||||||||||||||
Performing | $ | 10,759 | |||||||||||||||||||||||
Nonperforming | - | ||||||||||||||||||||||||
Total | $ | 10,759 | |||||||||||||||||||||||
Financing Receivable Internally Assigned Credit Quality Indicators [Table Text Block] | ' | ||||||||||||||||||||||||
Construction, land | Multifamily | Nonfarm | Total commercial | ||||||||||||||||||||||
development and | residential | nonresidential | real estate | ||||||||||||||||||||||
other land loans | |||||||||||||||||||||||||
Grade 1 | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||
Grade 2 | - | - | - | - | |||||||||||||||||||||
Grade 3 | 10,025 | 259 | 69,954 | 80,238 | |||||||||||||||||||||
Grade 4 | 34,654 | 887 | 171,585 | 207,126 | |||||||||||||||||||||
Grade W | 8,679 | 9,079 | 83,843 | 101,601 | |||||||||||||||||||||
Grade 5 | 2,202 | - | 16,727 | 18,929 | |||||||||||||||||||||
Grade 6 | 4,400 | 181 | 24,352 | 28,933 | |||||||||||||||||||||
Grade 7 | 803 | - | 1,604 | 2,407 | |||||||||||||||||||||
Not risk rated* | 15,795 | 11 | 412 | 16,218 | |||||||||||||||||||||
Total | $ | 76,558 | $ | 10,417 | $ | 368,477 | $ | 455,452 | |||||||||||||||||
Past Due Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||
30-89 days | Greater than | Total past due | Current | Loans, gross | |||||||||||||||||||||
past due and | 90 days past | ||||||||||||||||||||||||
still accruing | due and not | ||||||||||||||||||||||||
accruing | |||||||||||||||||||||||||
(nonaccrual) | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 322 | $ | 3,197 | $ | 3,519 | $ | 70,854 | $ | 74,373 | |||||||||||||||
Multifamily residential | - | 180 | 180 | 9,803 | 9,983 | ||||||||||||||||||||
Nonfarm nonresidential | 4,032 | 5,382 | 9,414 | 351,383 | 360,797 | ||||||||||||||||||||
Total commercial real estate | 4,354 | 8,759 | 13,113 | 432,040 | 445,153 | ||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 317 | 564 | 881 | 70,439 | 71,320 | ||||||||||||||||||||
Single-family real estate, closed-end, first lien | 929 | 2,686 | 3,615 | 97,757 | 101,372 | ||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 27 | 109 | 136 | 3,626 | 3,762 | ||||||||||||||||||||
Total single-family residential | 1,273 | 3,359 | 4,632 | 171,822 | 176,454 | ||||||||||||||||||||
Commercial and industrial | 177 | 1,764 | 1,941 | 70,536 | 72,477 | ||||||||||||||||||||
Indirect automobile | 253 | 136 | 389 | 39,700 | 40,089 | ||||||||||||||||||||
All other consumer | 58 | 17 | 75 | 11,155 | 11,230 | ||||||||||||||||||||
Total consumer | 311 | 153 | 464 | 50,855 | 51,319 | ||||||||||||||||||||
Farmland | - | - | - | 3,341 | 3,341 | ||||||||||||||||||||
Obligations of states and political subdivisions of the U.S. | - | - | - | 478 | 478 | ||||||||||||||||||||
Other | - | - | - | 6,656 | 6,656 | ||||||||||||||||||||
Total other | - | - | - | 10,475 | 10,475 | ||||||||||||||||||||
Loans, gross | $ | 6,115 | $ | 14,035 | $ | 20,150 | $ | 735,728 | $ | 755,878 | |||||||||||||||
30-89 days | Greater than | Total past due | Current | Loans, gross | |||||||||||||||||||||
past due and | 90 days past | ||||||||||||||||||||||||
still accruing | due and not | ||||||||||||||||||||||||
accruing | |||||||||||||||||||||||||
(nonaccrual) | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 82 | $ | 3,872 | $ | 3,954 | $ | 72,604 | $ | 76,558 | |||||||||||||||
Multifamily residential | - | 181 | 181 | 10,236 | 10,417 | ||||||||||||||||||||
Nonfarm nonresidential | 1,199 | 4,832 | 6,031 | 362,446 | 368,477 | ||||||||||||||||||||
Total commercial real estate | 1,281 | 8,885 | 10,166 | 445,286 | 455,452 | ||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 148 | 797 | 945 | 68,973 | 69,918 | ||||||||||||||||||||
Single-family real estate, closed-end, first lien | 1,091 | 3,176 | 4,267 | 100,009 | 104,276 | ||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 41 | 129 | 170 | 3,761 | 3,931 | ||||||||||||||||||||
Total single-family residential | 1,280 | 4,102 | 5,382 | 172,743 | 178,125 | ||||||||||||||||||||
Commercial and industrial | 306 | 1,885 | 2,191 | 70,887 | 73,078 | ||||||||||||||||||||
Indirect automobile | 294 | 210 | 504 | 38,220 | 38,724 | ||||||||||||||||||||
All other consumer | 41 | 26 | 67 | 11,308 | 11,375 | ||||||||||||||||||||
Total consumer | 335 | 236 | 571 | 49,528 | 50,099 | ||||||||||||||||||||
Farmland | - | - | - | 3,394 | 3,394 | ||||||||||||||||||||
Obligations of states and political subdivisions of the U.S. | - | - | - | 497 | 497 | ||||||||||||||||||||
Other | - | - | - | 6,868 | 6,868 | ||||||||||||||||||||
Total other | - | - | - | 10,759 | 10,759 | ||||||||||||||||||||
Loans, gross | $ | 3,202 | $ | 15,108 | $ | 18,310 | $ | 749,203 | $ | 767,513 | |||||||||||||||
Schedule of Composition of Troubled Debt Restructuring Impaired Loans [Table Text Block] | ' | ||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Performing | $ | 25,662 | $ | 26,744 | |||||||||||||||||||||
Nonperforming | 1,942 | 2,184 | |||||||||||||||||||||||
Total troubled debt restructurings | $ | 27,604 | $ | 28,928 | |||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Performing troubled debt restructured loans | $ | 25,662 | $ | 26,744 | |||||||||||||||||||||
Nonperforming troubled debt restructured loans | 1,942 | 2,184 | |||||||||||||||||||||||
Nonperforming other loans | 6,048 | 6,580 | |||||||||||||||||||||||
Performing other loans | 9,730 | 9,187 | |||||||||||||||||||||||
Total impaired loans | $ | 43,382 | $ | 44,695 | |||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Carrying balance | $ | 956 | $ | 5,842 | |||||||||||||||||||||
Count | 3 | 8 | |||||||||||||||||||||||
Schedule of Loans Modified [Table Text Block] | ' | ||||||||||||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Number of loans | Pre- | Post- | Number of loans | Pre- | Post- | ||||||||||||||||||||
modification | modification | modification | modification | ||||||||||||||||||||||
outstanding | outstanding | outstanding | outstanding | ||||||||||||||||||||||
recorded | recorded | recorded | recorded | ||||||||||||||||||||||
investment | investment | investment | investment | ||||||||||||||||||||||
Construction, land development and other land loans | - | $ | - | $ | - | 1 | $ | 60 | $ | 60 | |||||||||||||||
Loans, gross | - | $ | - | $ | - | 1 | $ | 60 | $ | 60 | |||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Number of | Pre- | Post- | Number of | Pre- | Post- | ||||||||||||||||||||
loans | modification | modification | loans | modification | modification | ||||||||||||||||||||
outstanding | outstanding | outstanding | outstanding | ||||||||||||||||||||||
recorded | recorded | recorded | recorded | ||||||||||||||||||||||
investment | investment | investment | investment | ||||||||||||||||||||||
Rate concession | - | $ | - | $ | - | 1 | $ | 60 | $ | 60 | |||||||||||||||
Loans, gross | - | $ | - | $ | - | 1 | $ | 60 | $ | 60 | |||||||||||||||
Schedule of Modified Troubled Debt Restructuring Loans [Table Text Block] | ' | ||||||||||||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Number | Recorded | Number | Recorded | ||||||||||||||||||||||
of loans | investment | of loans | investment | ||||||||||||||||||||||
Nonfarm nonresidential | 2 | $ | 2,597 | - | $ | - | |||||||||||||||||||
Loans, gross | 2 | $ | 2,597 | - | $ | - | |||||||||||||||||||
Schedule of Composition of Impaired Loans by Class [Table Text Block] | ' | ||||||||||||||||||||||||
Loans, gross | |||||||||||||||||||||||||
Recorded | Unpaid | Related | |||||||||||||||||||||||
investment | principal | allowance | |||||||||||||||||||||||
balance | |||||||||||||||||||||||||
With no related allowance recorded: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 2,757 | $ | 6,016 | |||||||||||||||||||||
Multifamily residential | 180 | 239 | |||||||||||||||||||||||
Nonfarm nonresidential | 20,132 | 24,940 | |||||||||||||||||||||||
Total commercial real estate | 23,069 | 31,195 | |||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | - | - | |||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 921 | 5,208 | |||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 27 | 27 | |||||||||||||||||||||||
Total single-family residential | 948 | 5,235 | |||||||||||||||||||||||
Commercial and industrial | 735 | 1,132 | |||||||||||||||||||||||
Consumer | 6 | 15 | |||||||||||||||||||||||
Total impaired loans with no related allowance recorded | $ | 24,758 | $ | 37,577 | |||||||||||||||||||||
With an allowance recorded: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 259 | $ | 259 | $ | 68 | |||||||||||||||||||
Multifamily residential | - | - | - | ||||||||||||||||||||||
Nonfarm nonresidential | 15,883 | 17,338 | 1,770 | ||||||||||||||||||||||
Total commercial real estate | 16,142 | 17,597 | 1,838 | ||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 404 | 404 | - | ||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 253 | 253 | 13 | ||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 167 | 167 | 138 | ||||||||||||||||||||||
Total single-family residential | 824 | 824 | 151 | ||||||||||||||||||||||
Commercial and industrial | 1,641 | 2,941 | 478 | ||||||||||||||||||||||
Consumer | 17 | 17 | 3 | ||||||||||||||||||||||
Total impaired loans with an allowance recorded | $ | 18,624 | $ | 21,379 | $ | 2,470 | |||||||||||||||||||
Total: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 3,016 | $ | 6,275 | $ | 68 | |||||||||||||||||||
Multifamily residential | 180 | 239 | - | ||||||||||||||||||||||
Nonfarm nonresidential | 36,015 | 42,278 | 1,770 | ||||||||||||||||||||||
Total commercial real estate | 39,211 | 48,792 | 1,838 | ||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 404 | 404 | - | ||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 1,174 | 5,461 | 13 | ||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 194 | 194 | 138 | ||||||||||||||||||||||
Total single-family residential | 1,772 | 6,059 | 151 | ||||||||||||||||||||||
Commercial and industrial | 2,376 | 4,073 | 478 | ||||||||||||||||||||||
Consumer | 23 | 32 | 3 | ||||||||||||||||||||||
Total impaired loans | $ | 43,382 | $ | 58,956 | $ | 2,470 | |||||||||||||||||||
Loans, gross | |||||||||||||||||||||||||
Recorded | Unpaid | Related | |||||||||||||||||||||||
investment | principal | allowance | |||||||||||||||||||||||
balance | |||||||||||||||||||||||||
With no related allowance recorded: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 3,244 | $ | 6,503 | |||||||||||||||||||||
Multifamily residential | 181 | 239 | |||||||||||||||||||||||
Nonfarm nonresidential | 17,414 | 24,422 | |||||||||||||||||||||||
Total commercial real estate | 20,839 | 31,164 | |||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | - | - | |||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 1,369 | 5,811 | |||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | - | - | |||||||||||||||||||||||
Total single-family residential | 1,369 | 5,811 | |||||||||||||||||||||||
Commercial and industrial | 753 | 1,150 | |||||||||||||||||||||||
Consumer | 7 | 7 | |||||||||||||||||||||||
Total impaired loans with no related allowance recorded | $ | 22,968 | $ | 38,132 | |||||||||||||||||||||
With an allowance recorded: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 260 | $ | 260 | $ | 68 | |||||||||||||||||||
Multifamily residential | - | - | - | ||||||||||||||||||||||
Nonfarm nonresidential | 18,839 | 18,839 | 1,668 | ||||||||||||||||||||||
Total commercial real estate | 19,099 | 19,099 | 1,736 | ||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 404 | 404 | 83 | ||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 323 | 323 | 18 | ||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 195 | 195 | 62 | ||||||||||||||||||||||
Total single-family residential | 922 | 922 | 163 | ||||||||||||||||||||||
Commercial and industrial | 1,680 | 2,980 | 644 | ||||||||||||||||||||||
Consumer | 26 | 26 | 12 | ||||||||||||||||||||||
Total impaired loans with an allowance recorded | $ | 21,727 | $ | 23,027 | $ | 2,555 | |||||||||||||||||||
Total: | |||||||||||||||||||||||||
Construction, land development and other land loans | $ | 3,504 | $ | 6,763 | $ | 68 | |||||||||||||||||||
Multifamily residential | 181 | 239 | - | ||||||||||||||||||||||
Nonfarm nonresidential | 36,253 | 43,261 | 1,668 | ||||||||||||||||||||||
Total commercial real estate | 39,938 | 50,263 | 1,736 | ||||||||||||||||||||||
Single-family real estate, revolving, open-end loans | 404 | 404 | 83 | ||||||||||||||||||||||
Single-family real estate, closed-end, first lien | 1,692 | 6,134 | 18 | ||||||||||||||||||||||
Single-family real estate, closed-end, junior lien | 195 | 195 | 62 | ||||||||||||||||||||||
Total single-family residential | 2,291 | 6,733 | 163 | ||||||||||||||||||||||
Commercial and industrial | 2,433 | 4,130 | 644 | ||||||||||||||||||||||
Consumer | 33 | 33 | 12 | ||||||||||||||||||||||
Total impaired loans | $ | 44,695 | $ | 61,159 | $ | 2,555 | |||||||||||||||||||
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block] | ' | ||||||||||||||||||||||||
For the three months ended March 31, 2014 | |||||||||||||||||||||||||
Commercial | Single-family | Commercial and | Consumer | Other | Total | ||||||||||||||||||||
real estate | residential | industrial | |||||||||||||||||||||||
Allowance for loan losses, beginning of period | $ | 10,565 | $ | 3,124 | $ | 1,682 | $ | 1,118 | $ | (4 | ) | $ | 16,485 | ||||||||||||
Provision for loan losses | 48 | (37 | ) | (171 | ) | 35 | 125 | - | |||||||||||||||||
Loan charge-offs | 161 | 104 | - | 56 | 155 | 476 | |||||||||||||||||||
Loan recoveries | 5 | 91 | 12 | 31 | 95 | 234 | |||||||||||||||||||
Net loans charged-off | 156 | 13 | (12 | ) | 25 | 60 | 242 | ||||||||||||||||||
Allowance for loan losses, end of period | $ | 10,457 | $ | 3,074 | $ | 1,523 | $ | 1,128 | $ | 61 | $ | 16,243 | |||||||||||||
31-Mar-14 | |||||||||||||||||||||||||
Commercial | Single-family | Commercial and | Consumer | Other | Total | ||||||||||||||||||||
real estate | residential | industrial | |||||||||||||||||||||||
Individually evaluated for impairment | $ | 1,838 | $ | 151 | $ | 478 | $ | 3 | $ | - | $ | 2,470 | |||||||||||||
Collectively evaluated for impairment | 8,619 | 2,923 | 1,045 | 1,125 | 61 | 13,773 | |||||||||||||||||||
Allowance for loan losses, end of period | $ | 10,457 | $ | 3,074 | $ | 1,523 | $ | 1,128 | $ | 61 | $ | 16,243 | |||||||||||||
Individually evaluated for impairment | $ | 39,211 | $ | 1,772 | $ | 2,376 | $ | 23 | $ | - | $ | 43,382 | |||||||||||||
Collectively evaluated for impairment | 405,942 | 174,682 | 70,101 | 51,296 | 10,475 | 712,496 | |||||||||||||||||||
Loans, gross | $ | 445,153 | $ | 176,454 | $ | 72,477 | $ | 51,319 | $ | 10,475 | $ | 755,878 | |||||||||||||
For the three months ended March 31, 2013 | |||||||||||||||||||||||||
Commercial | Single-family | Commercial and | Consumer | Other | Total | ||||||||||||||||||||
real estate | residential | industrial | |||||||||||||||||||||||
Allowance for loan losses, beginning of period | $ | 12,317 | $ | 3,140 | $ | 1,264 | $ | 1,093 | $ | 11 | $ | 17,825 | |||||||||||||
Provision for loan losses | (270 | ) | (101 | ) | 655 | (17 | ) | 83 | 350 | ||||||||||||||||
Loan charge-offs | 464 | 133 | 39 | 97 | 215 | 948 | |||||||||||||||||||
Loan recoveries | 31 | 43 | 10 | 34 | 125 | 243 | |||||||||||||||||||
Net loans charged-off | 433 | 90 | 29 | 63 | 90 | 705 | |||||||||||||||||||
Allowance for loan losses, end of period | $ | 11,614 | $ | 2,949 | $ | 1,890 | $ | 1,013 | $ | 4 | $ | 17,470 | |||||||||||||
31-Mar-13 | |||||||||||||||||||||||||
Commercial | Single-family | Commercial and | Consumer | Other | Total | ||||||||||||||||||||
real estate | residential | industrial | |||||||||||||||||||||||
Individually evaluated for impairment | $ | 1,995 | $ | 214 | $ | 880 | $ | 4 | $ | - | $ | 3,093 | |||||||||||||
Collectively evaluated for impairment | 9,619 | 2,735 | 1,010 | 1,009 | 4 | 14,377 | |||||||||||||||||||
Allowance for loan losses, end of period | $ | 11,614 | $ | 2,949 | $ | 1,890 | $ | 1,013 | $ | 4 | $ | 17,470 | |||||||||||||
Individually evaluated for impairment | $ | 36,989 | $ | 3,056 | $ | 3,062 | $ | 37 | $ | - | $ | 43,144 | |||||||||||||
Collectively evaluated for impairment | 419,021 | 163,333 | 46,558 | 49,014 | 9,694 | 687,620 | |||||||||||||||||||
Loans, gross | $ | 456,010 | $ | 166,389 | $ | 49,620 | $ | 49,051 | $ | 9,694 | $ | 730,764 |
Note_6_Other_Loans_Held_for_Sa1
Note 6 - Other Loans Held for Sale and Valuation Allowance (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Loans Held For Sale And Valuation Allowance Disclosure [Abstract] | ' | ||||||||
Other Loans Held for Sale and Valuation Allowance Disclosure [Table Text Block] | ' | ||||||||
Other loans held | Valuation allowance | ||||||||
for sale, gross | on other loans | ||||||||
held for sale | |||||||||
Balance, December 31, 2012 | $ | 2,288 | $ | 1,512 | |||||
Additions: | |||||||||
SBA loans transferred to other loans held for sale | 1,730 | - | |||||||
Total additions | 1,730 | - | |||||||
Reductions: | |||||||||
Proceeds from sales of SBA loans | 1,903 | - | |||||||
Gain on sales of SBA loans | (173 | ) | - | ||||||
Total reductions | 1,730 | - | |||||||
Balance, March 31, 2013 | $ | 2,288 | $ | 1,512 | |||||
Balance, December 31, 2013 | $ | - | $ | - | |||||
Additions: | |||||||||
SBA loans transferred to other loans held for sale | 1,166 | - | |||||||
Total additions | 1,166 | - | |||||||
Reductions: | |||||||||
Proceeds from sales of SBA loans | 1,236 | - | |||||||
Gain on sales of SBA loans | (70 | ) | - | ||||||
Total reductions | 1,166 | - | |||||||
Balance, March 31, 2014 | $ | - | $ | - |
Note_7_Premises_and_Equipment_1
Note 7 - Premises and Equipment, net (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Property, Plant and Equipment [Abstract] | ' | ||||||||
Property, Plant and Equipment [Table Text Block] | ' | ||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Land | $ | 5,521 | $ | 5,521 | |||||
Buildings | 19,439 | 19,395 | |||||||
Leasehold improvements | 3,760 | 3,746 | |||||||
Furniture and equipment | 13,259 | 13,259 | |||||||
Software | 5,443 | 5,344 | |||||||
Bank automobiles | 95 | 95 | |||||||
Capital lease asset | 556 | 1,396 | |||||||
Premises and equipment, gross | $ | 48,073 | $ | 48,756 | |||||
Accumulated depreciation | (25,093 | ) | (25,389 | ) | |||||
Premises and equipment, net | $ | 22,980 | $ | 23,367 |
Note_9_Servicing_Rights_Tables
Note 9 - Servicing Rights (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||
Servicing Asset at Amortized Cost [Table Text Block] | ' | ||||||||
At and for the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Mortgage-servicing rights portfolio, net of valuation allowance, beginning of period | $ | 2,431 | $ | 2,545 | |||||
Capitalized mortgage-servicing rights | 115 | 171 | |||||||
Mortgage-servicing rights portfolio amortization and impairment | (140 | ) | (217 | ) | |||||
Mortgage-servicing rights portfolio, net of valuation allowance, end of period | $ | 2,406 | $ | 2,499 | |||||
At and for the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
SBA servicing rights portfolio, net of valuation allowance, beginning of period | $ | 64 | $ | 39 | |||||
Capitalized SBA servicing rights | 31 | 40 | |||||||
SBA servicing rights portfolio amortization and impairment | (5 | ) | (3 | ) | |||||
SBA servicing rights portfolio, net of valuation allowance, end of period | $ | 90 | $ | 76 | |||||
Schedule of Valuation Allowance for Impairment of Recognized Servicing Assets [Table Text Block] | ' | ||||||||
At and for the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Valuation allowance, beginning of period | $ | 31 | $ | 41 | |||||
Additions charged to operations, net | - | 12 | |||||||
Valuation allowance, end of period | $ | 31 | $ | 53 | |||||
At and for the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Valuation allowance, beginning of period | $ | 8 | $ | - | |||||
Additions charged to operations, net | 3 | - | |||||||
Valuation allowance, end of period | $ | 11 | $ | - |
Note_10_Foreclosed_Real_Estate1
Note 10 - Foreclosed Real Estate and Repossessed Personal Property (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Foreclosed Real Estate And Repossessed Personal Property [Abstract] | ' | ||||||||
Schedule Of Foreclosed Real Estate And Repossessed Personal Property [Table Text Block] | ' | ||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Foreclosed real estate | $ | 7,490 | $ | 7,502 | |||||
Repossessed personal property | 13 | 43 | |||||||
Total foreclosed real estate and repossessed personal property | $ | 7,503 | $ | 7,545 | |||||
Schedule Of Changes In Foreclosed Real Estate Portfolio [Table Text Block] | ' | ||||||||
At and for the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Foreclosed real estate, beginning of period | $ | 7,502 | $ | 10,911 | |||||
Plus: new foreclosed real estate | 455 | 1,270 | |||||||
Less: proceeds from sale of foreclosed real estate | (264 | ) | (765 | ) | |||||
Plus: gain on sale of foreclosed real estate | 43 | 57 | |||||||
Less: writedowns and losses charged to expense | (246 | ) | (416 | ) | |||||
Foreclosed real estate, end of period | $ | 7,490 | $ | 11,057 |
Note_12_Deposits_Tables
Note 12 - Deposits (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Disclosure Text Block [Abstract] | ' | ||||||||
Schedule Of Composition Of Deposits [Table Text Block] | ' | ||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Transaction deposits | $ | 522,638 | $ | 494,289 | |||||
Money market deposits | 132,284 | 136,476 | |||||||
Savings deposits | 85,647 | 79,760 | |||||||
Time deposits $100,000 and greater | 73,522 | 79,654 | |||||||
Time deposits less than $100,000 | 113,942 | 117,181 | |||||||
Total deposits | $ | 928,033 | $ | 907,360 | |||||
Schedule Of Interest Expense On Deposits [Table Text Block] | ' | ||||||||
For the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Transaction deposits | $ | 10 | $ | 9 | |||||
Money market deposits | 9 | 8 | |||||||
Savings deposits | 3 | 2 | |||||||
Time deposits | 105 | 876 | |||||||
Total interest expense on deposits | $ | 127 | $ | 895 |
Note_13_Borrowings_Tables
Note 13 - Borrowings (Tables) | 3 Months Ended | |||||||||
Mar. 31, 2014 | ||||||||||
Debt Disclosure [Abstract] | ' | |||||||||
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank [Table Text Block] | ' | |||||||||
March 31, | December 31, | |||||||||
2014 | 2013 | |||||||||
Available lendable loan collateral value pledged to serve against FHLB advances | $ | 85,802 | $ | 90,225 | ||||||
FHLB advances | 20,000 | 35,000 | ||||||||
Excess lendable collateral value pledged to serve against FHLB advances | $ | 65,802 | $ | 55,225 | ||||||
Schedule of Short-term Debt [Table Text Block] | ' | |||||||||
Balance | Maturity date | Interest rate | ||||||||
$ | 10,000 | 4/30/14 | 0.21 | % | ||||||
10,000 | 7/21/14 | 0.24 | ||||||||
$ | 20,000 |
Note_14_Shareholders_Equity_Ta
Note 14 - Shareholders' Equity (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Stockholders' Equity Note [Abstract] | ' | ||||||||
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | ' | ||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Net unrealized loss on investment securities available for sale | $ | (2,135 | ) | $ | (2,990 | ) | |||
Net unrealized defined benefit pension plan actuarial loss | (7,303 | ) | (7,303 | ) | |||||
Total accumulated other comprehensive loss, net of tax | $ | (9,438 | ) | $ | (10,293 | ) |
Note_16_Benefit_Plans_Tables
Note 16 - Benefit Plans (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Compensation and Retirement Disclosure [Abstract] | ' | ||||||||
Schedule of Net Benefit Costs [Table Text Block] | ' | ||||||||
For the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Interest cost | $ | 268 | $ | 210 | |||||
Expected return on plan assets | (317 | ) | (283 | ) | |||||
Amortization of net actuarial loss | 255 | 242 | |||||||
Net periodic pension expense | $ | 206 | $ | 169 | |||||
Schedule of Allocation of Plan Assets [Table Text Block] | ' | ||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Cash and cash equivalents | $ | 5,214 | $ | 4,440 | |||||
U.S. government and agency securities | - | 549 | |||||||
Municipal securities | - | 470 | |||||||
Corporate bonds | - | 3,398 | |||||||
Mutual funds | 2,358 | 3,596 | |||||||
Corporate stocks | 1,095 | 3,329 | |||||||
Exchange traded funds | 7,614 | 287 | |||||||
Foreign equities | 177 | 694 | |||||||
Accrued interest receivable | 4 | 30 | |||||||
Other | 6 | 5 | |||||||
Total Pension Plan assets | $ | 16,468 | $ | 16,798 | |||||
Schedule Of Defined Benefit Pension Plan Assets Fair Value Measured On Recurring Basis [Table Text Block] | ' | ||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Level 1 | $ | 6,319 | $ | 7,804 | |||||
Level 2 | 10,149 | 8,994 | |||||||
Level 3 | - | - | |||||||
Total Pension Plan assets | $ | 16,468 | $ | 16,798 |
Note_17_Equity_Based_Compensat1
Note 17 - Equity Based Compensation (Tables) | 3 Months Ended | ||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | ' | ||||||||||||||||||||
Stock options | Weighted-average | ||||||||||||||||||||
outstanding | exercise price | ||||||||||||||||||||
Outstanding, December 31, 2013 | 6,450 | $ | 103.89 | ||||||||||||||||||
Forfeited | (1,250 | ) | 109.2 | ||||||||||||||||||
Expired | (2,250 | ) | 93.2 | ||||||||||||||||||
Outstanding, March 31, 2014 | 2,950 | 109.8 | |||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block] | ' | ||||||||||||||||||||
Weighted- | Number of | Weighted- | |||||||||||||||||||
average | stock options | average | |||||||||||||||||||
exercise | outstanding and | remaining | |||||||||||||||||||
price | exercisable | contractual | |||||||||||||||||||
life (years) | |||||||||||||||||||||
$ | 106.4 | 250 | 0.8 | ||||||||||||||||||
109.2 | 2,500 | 2.18 | |||||||||||||||||||
121.6 | 200 | 2.8 | |||||||||||||||||||
Total | 2,950 | 2.11 | |||||||||||||||||||
Schedule of Share-based Compensation, Activity [Table Text Block] | ' | ||||||||||||||||||||
Total shares | Stock options | Weighted- | Shares of | Weighted- | |||||||||||||||||
outstanding | average | restricted stock | average grant | ||||||||||||||||||
exercise price | date fair value | ||||||||||||||||||||
per share | per share | ||||||||||||||||||||
2011 Grants | 473,002 | 383,251 | $ | 10.51 | 89,751 | $ | 10.48 | ||||||||||||||
2012 Grants | 8,020 | - | - | 8,020 | 6.5 | ||||||||||||||||
2013 Grants | 8,811 | - | - | 8,811 | 13.7 | ||||||||||||||||
2013 Forfeitures | (575 | ) | - | - | (575 | ) | 13.95 | ||||||||||||||
2013 Exercises | (11,250 | ) | 11 | - | - | ||||||||||||||||
2014 Grants | 11,904 | 4,000 | 12.96 | 7,904 | 12.92 | ||||||||||||||||
Granted, net of forfeitures, March 31, 2014 | 501,162 | 113,911 | |||||||||||||||||||
Outstanding, March 31, 2014 | 376,001 | 10.52 | |||||||||||||||||||
Shares available for grant | 700,000 | ||||||||||||||||||||
Remaining shares available for grant, March 31, 2014 | 198,838 | ||||||||||||||||||||
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block] | ' | ||||||||||||||||||||
Shares of restricted | |||||||||||||||||||||
stock | |||||||||||||||||||||
Unvested, December 31, 2013 | 103,507 | ||||||||||||||||||||
Grants | 7,904 | ||||||||||||||||||||
Forfeited | - | ||||||||||||||||||||
Vested | - | ||||||||||||||||||||
Unvested, March 31, 2014 | 111,411 | ||||||||||||||||||||
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] | ' | ||||||||||||||||||||
Options outstanding | |||||||||||||||||||||
Weighted- | Number of | Weighted- | Value of | ||||||||||||||||||
average | stock options | average | outstanding in-the- | ||||||||||||||||||
exercise | remaining | money stock | |||||||||||||||||||
price | contractual life | options | |||||||||||||||||||
(years) | |||||||||||||||||||||
$ | 10.4 | 312,501 | 7.13 | $ | 1,153,129 | ||||||||||||||||
11 | 59,500 | 7.3 | 183,855 | ||||||||||||||||||
12.96 | 4,000 | 9.89 | 4,520 | ||||||||||||||||||
Total | 376,001 | 7.19 | $ | 1,341,504 | |||||||||||||||||
Schedule Of Share Based Payment Award Restricted Stock Units Valuation Assumptions Table [Text Block] | ' | ||||||||||||||||||||
2014 grants | |||||||||||||||||||||
Option exercise price, per share | $ | 12.96 | |||||||||||||||||||
Fair value of stock option awards granted, per share | $ | 6.87 | |||||||||||||||||||
Expected dividend yield | - | % | |||||||||||||||||||
Expected volatility | 50 | ||||||||||||||||||||
Risk-free interest rate | 2.19 | ||||||||||||||||||||
Expected term (years) | 7 | ||||||||||||||||||||
Vesting period (years) | 3 | ||||||||||||||||||||
Share Based Compensation Expense Charged Against Pretax Loss Under Restricted Stock And Stock Option Award [Table Text Block] | ' | ||||||||||||||||||||
For the three months ended March 31, | |||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||
Compensation expense | |||||||||||||||||||||
1997 Plan | $ | - | $ | - | |||||||||||||||||
2008 Plan | 31 | 135 | |||||||||||||||||||
2011 Plan | 221 | 193 | |||||||||||||||||||
Total equity-based compensation expense | $ | 252 | $ | 328 | |||||||||||||||||
Income tax benefit | $ | 93 | $ | - |
Note_18_Average_Share_Informat1
Note 18 - Average Share Information (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Earnings Per Share [Abstract] | ' | ||||||||
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | ' | ||||||||
For the three months ended March 31, | |||||||||
2014 | 2013 | ||||||||
Basic net income per common share | |||||||||
Net income applicable to common shareholders | $ | 2,028 | $ | 2,176 | |||||
Undistributed earnings allocated to participating securities | (18 | ) | - | ||||||
Net income allocated to common shareholders | $ | 2,010 | $ | 2,176 | |||||
Average common shares issued and outstanding | 12,675,257 | 12,650,766 | |||||||
Basic net income per common share | $ | 0.16 | $ | 0.17 | |||||
Diluted net income per common share | |||||||||
Net income applicable to common shareholders | $ | 2,028 | $ | 2,176 | |||||
Undistributed earnings allocated to participating securities | (18 | ) | - | ||||||
Net income allocated to common shareholders | $ | 2,010 | $ | 2,176 | |||||
Average common shares issued and outstanding | 12,675,257 | 12,650,766 | |||||||
Dilutive potential common shares (1) | 32,187 | - | |||||||
Total diluted average common shares issued and outstanding | 12,707,444 | 12,650,766 | |||||||
Diluted net income per common share | $ | 0.16 | $ | 0.17 |
Note_19_Commitments_Guarantees1
Note 19 - Commitments, Guarantees and Other Contingencies (Tables) | 3 Months Ended | ||||
Mar. 31, 2014 | |||||
Commitments and Contingencies Disclosure [Abstract] | ' | ||||
Schedule Of Contractual Amounts Of Unused Lending Commitments To Extend Credit [Table Text Block] | ' | ||||
Commitments to extend credit: | |||||
Revolving, open-end loans secured by single-family residential properties | $ | 60,532 | |||
Commercial real estate, construction and land development loans secured by real estate | |||||
Single-family residential construction loans | 10,858 | ||||
Commercial real estate, other construction loan, and land development loans | 22,394 | ||||
Commercial and industrial loans | 36,345 | ||||
Overdraft protection loans | 30,636 | ||||
Other | 16,680 | ||||
Total commitments to extend credit | $ | 177,445 |
Note_21_Disclosures_Regarding_1
Note 21 - Disclosures Regarding Fair Value (Tables) | 3 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | ' | ||||||||||||||||
31-Mar-14 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets | |||||||||||||||||
Trading account assets | $ | 432 | $ | 4,815 | $ | - | $ | 5,247 | |||||||||
Investment securities available for sale | |||||||||||||||||
U.S. agency | 1,943 | - | - | 1,943 | |||||||||||||
State and municipal | 1,086 | 6,210 | - | 7,296 | |||||||||||||
Collateralized mortgage obligations (federal agencies) | 2,383 | 84,484 | - | 86,867 | |||||||||||||
Other mortgage-backed (federal agencies) | 8,457 | 68,572 | - | 77,029 | |||||||||||||
SBA loan-backed (federal agency) | 19,071 | 16,566 | - | 35,637 | |||||||||||||
Derivative financial instruments | - | 186 | - | 186 | |||||||||||||
Total assets measured at fair value on a recurring basis | $ | 33,372 | $ | 180,833 | $ | - | $ | 214,205 | |||||||||
Liabilities | |||||||||||||||||
Derivative financial instruments | $ | - | $ | 6 | $ | - | $ | 6 | |||||||||
31-Dec-13 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets | |||||||||||||||||
Trading account assets | $ | 1,347 | $ | 3,771 | $ | - | $ | 5,118 | |||||||||
Investment securities available for sale | |||||||||||||||||
State and municipal | - | 7,460 | - | 7,460 | |||||||||||||
Collateralized mortgage obligations (federal agencies) | - | 93,132 | - | 93,132 | |||||||||||||
Other mortgage-backed (federal agencies) | 1,188 | 74,832 | - | 76,020 | |||||||||||||
SBA loan-backed (federal agency) | 20,457 | 17,314 | - | 37,771 | |||||||||||||
Derivative financial instruments | - | 204 | - | 204 | |||||||||||||
Total assets measured at fair value on a recurring basis | $ | 22,992 | $ | 196,713 | $ | - | $ | 219,705 | |||||||||
Liabilities | |||||||||||||||||
Derivative financial instruments | $ | - | $ | 7 | $ | - | $ | 7 | |||||||||
Fair Value Measurements, Nonrecurring [Table Text Block] | ' | ||||||||||||||||
31-Mar-14 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets | |||||||||||||||||
Mortgage loans held for sale | $ | - | $ | 2,474 | $ | - | $ | 2,474 | |||||||||
Impaired loans | - | 5,726 | - | 5,726 | |||||||||||||
Foreclosed real estate and repossessed personal property | 34 | 377 | 6,253 | 6,664 | |||||||||||||
Long-lived assets held for sale | - | - | 685 | 685 | |||||||||||||
Total assets measured at fair value on a nonrecurring basis | $ | 34 | $ | 8,577 | $ | 6,938 | $ | 15,549 | |||||||||
31-Dec-13 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets | |||||||||||||||||
Mortgage loans held for sale | $ | - | $ | 1,722 | $ | - | $ | 1,722 | |||||||||
Impaired loans | - | 5,588 | 25 | 5,613 | |||||||||||||
Foreclosed real estate and repossessed personal property | 34 | 31 | 6,595 | 6,660 | |||||||||||||
Long-lived assets held for sale | - | - | 685 | 685 | |||||||||||||
Total assets measured at fair value on a nonrecurring basis | $ | 34 | $ | 7,341 | $ | 7,305 | $ | 14,680 | |||||||||
Fair Value Assets Measured On Non Recurring Basis Unobservable Input Reconciliation [Table Text Block] | ' | ||||||||||||||||
Fair value | Valuation technique | Significant unobservable inputs | |||||||||||||||
Assets | |||||||||||||||||
Foreclosed real estate and repossessed personal property | $ | 6,253 | Appraisals of collateral value | Adjustments to appraisal for age of comparable sales | |||||||||||||
Long-lived assets held for sale | 685 | Internal valuation | Appraisals and/or sales of comparable properties | ||||||||||||||
Fair Value, by Balance Sheet Grouping [Table Text Block] | ' | ||||||||||||||||
Carrying amount | Fair value | ||||||||||||||||
31-Mar-14 | |||||||||||||||||
Financial instruments - assets | |||||||||||||||||
Loans (1) | $ | 736,673 | $ | 738,458 | |||||||||||||
Financial instruments - liabilities | |||||||||||||||||
Deposits | 928,033 | 916,003 | |||||||||||||||
31-Dec-13 | |||||||||||||||||
Financial instruments - assets | |||||||||||||||||
Loans (1) | $ | 748,243 | $ | 748,330 | |||||||||||||
Financial instruments - liabilities | |||||||||||||||||
Deposits | 907,360 | 896,858 |
Note_22_Regulatory_Capital_Req1
Note 22 - Regulatory Capital Requirements and Dividend Restrictions (Tables) | 3 Months Ended | ||||||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||||||
Disclosure Text Block [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block] | ' | ||||||||||||||||||||||||
Actual | For capital adequacy | To be well capitalized under | |||||||||||||||||||||||
purposes | prompt corrective action | ||||||||||||||||||||||||
provisions | |||||||||||||||||||||||||
amount | ratio | amount | ratio | amount | ratio | ||||||||||||||||||||
At March 31, 2014 | |||||||||||||||||||||||||
Total capital to risk-weighted assets | |||||||||||||||||||||||||
Company | $ | 133,473 | 16.08 | % | $ | 66,419 | 8 | % | n/a | n/a | |||||||||||||||
Bank | 133,404 | 16.07 | 66,417 | 8 | $ | 83,021 | 10 | % | |||||||||||||||||
Tier 1 capital to risk-weighted assets | |||||||||||||||||||||||||
Company | 123,020 | 14.82 | 33,209 | 4 | n/a | n/a | |||||||||||||||||||
Bank | 122,951 | 14.81 | 33,208 | 4 | 49,813 | 6 | |||||||||||||||||||
Tier 1 leverage ratio | |||||||||||||||||||||||||
Company | 123,020 | 11.37 | 43,262 | 4 | n/a | n/a | |||||||||||||||||||
Bank | 122,951 | 11.37 | 43,262 | 4 | 54,077 | 5 | |||||||||||||||||||
At December 31, 2013 | |||||||||||||||||||||||||
Total capital to risk-weighted assets | |||||||||||||||||||||||||
Company | $ | 130,043 | 15.49 | % | $ | 67,142 | 8 | % | n/a | n/a | |||||||||||||||
Bank | 129,956 | 15.48 | 67,142 | 8 | $ | 83,928 | 10 | % | |||||||||||||||||
Tier 1 capital to risk-weighted assets | |||||||||||||||||||||||||
Company | 119,475 | 14.24 | 33,571 | 4 | n/a | n/a | |||||||||||||||||||
Bank | 119,388 | 14.23 | 33,571 | 4 | 50,357 | 6 | |||||||||||||||||||
Tier 1 leverage ratio | |||||||||||||||||||||||||
Company | 119,475 | 11.03 | 43,309 | 4 | n/a | n/a | |||||||||||||||||||
Bank | 119,388 | 11.03 | 43,311 | 4 | 54,138 | 5 |
Note_2_Cash_and_Cash_Equivalen1
Note 2 - Cash and Cash Equivalents (Details) (USD $) | 3 Months Ended | |
Mar. 31, 2014 | Dec. 31, 2013 | |
Cash and cash equivalents [Abstract] | ' | ' |
Lag Period For Maintenance Of Federal Reserve | '30 days | ' |
Federal Reserve Required After Cash And Clearing Balance Requirements | $1,500,000 | ' |
Restricted Cash and Cash Equivalents | $250,000 | $706,000 |
Note_3_Trading_Account_Assets_1
Note 3 - Trading Account Assets (Details) - Components of Trading Account Assets (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Schedule of Trading Securities and Other Trading Assets [Line Items] | ' | ' |
Total trading account assets | $5,247 | $5,118 |
Trading, Municipal Bonds [Member] | ' | ' |
Schedule of Trading Securities and Other Trading Assets [Line Items] | ' | ' |
Municipal bonds | 4,815 | 3,771 |
Trading, Insured Bank Deposits [Member] | ' | ' |
Schedule of Trading Securities and Other Trading Assets [Line Items] | ' | ' |
Insured bank deposits | $432 | $1,347 |
Note_3_Trading_Account_Assets_2
Note 3 - Trading Account Assets (Details) - Net Realized and Change in Net Unrealized Gains on Trading Account Assets (USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2014 |
Gain (Loss) on Investments [Line Items] | ' |
Total trading account income, net | $171 |
Trading, Municipal Bonds [Member] | ' |
Gain (Loss) on Investments [Line Items] | ' |
Realized gains, net | 178 |
Unrealized losses, net due to changes in fair value relative to assets held at end of period | -7 |
Total trading account income, net | $171 |
Note_3_Trading_Account_Assets_3
Note 3 - Trading Account Assets (Details) - Trading Accounts Credit Ratings (Credit Concentration Risk [Member], Trading, Municipal Bonds [Member]) | 3 Months Ended |
Mar. 31, 2014 | |
Moody's [Member] | Not Rated [Member] | ' |
Financing Receivable, Recorded Investment [Line Items] | ' |
Trading accounts credit ratings | 100.00% |
Standard & Poor's [Member] | ' |
Financing Receivable, Recorded Investment [Line Items] | ' |
Trading accounts credit ratings | 100.00% |
Moody's, Aaa Rating [Member] | ' |
Financing Receivable, Recorded Investment [Line Items] | ' |
Trading accounts credit ratings | 5.00% |
Moody's Aa1 - Aa3 [Member] | ' |
Financing Receivable, Recorded Investment [Line Items] | ' |
Trading accounts credit ratings | 43.00% |
Moody's A1 - A3 [Member] | ' |
Financing Receivable, Recorded Investment [Line Items] | ' |
Trading accounts credit ratings | 29.00% |
Not Rated [Member] | ' |
Financing Receivable, Recorded Investment [Line Items] | ' |
Trading accounts credit ratings | 23.00% |
Standard & Poor's, AAA Rating [Member] | ' |
Financing Receivable, Recorded Investment [Line Items] | ' |
Trading accounts credit ratings | 13.00% |
Standard and Poor's AA+ - AA- [Member] | ' |
Financing Receivable, Recorded Investment [Line Items] | ' |
Trading accounts credit ratings | 50.00% |
Standard and Poor's A+ - A- [Member] | ' |
Financing Receivable, Recorded Investment [Line Items] | ' |
Trading accounts credit ratings | 18.00% |
Standard and Poor's BBB+ to BBB [Member] | ' |
Financing Receivable, Recorded Investment [Line Items] | ' |
Trading accounts credit ratings | 1.00% |
Not Rated [Member] | ' |
Financing Receivable, Recorded Investment [Line Items] | ' |
Trading accounts credit ratings | 18.00% |
Note_4_Investment_Securities_A
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities (USD $) | 3 Months Ended | 12 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Dec. 31, 2013 |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities [Line Items] | ' | ' |
Amortized cost | $212,214 | $219,203 |
Gross unrealized gains | 491 | 521 |
Gross unrealized losses | -3,933 | -5,341 |
Fair value | 208,772 | 214,383 |
US Government Agencies Debt Securities [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities [Line Items] | ' | ' |
Amortized cost | 1,940 | ' |
Gross unrealized gains | 3 | ' |
Gross unrealized losses | 0 | ' |
Fair value | 1,943 | ' |
State and Municipal [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities [Line Items] | ' | ' |
Amortized cost | 7,247 | 7,393 |
Gross unrealized gains | 98 | 138 |
Gross unrealized losses | -49 | -71 |
Fair value | 7,296 | 7,460 |
Collateralized Mortgage Obligations (Federal Agencies) [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities [Line Items] | ' | ' |
Amortized cost | 89,979 | 97,303 |
Gross unrealized gains | 27 | 30 |
Gross unrealized losses | -3,139 | -4,201 |
Fair value | 86,867 | 93,132 |
Other Mortgage-Backed (Federal Agencies) [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities [Line Items] | ' | ' |
Amortized cost | 77,459 | 76,852 |
Gross unrealized gains | 193 | 95 |
Gross unrealized losses | -623 | -927 |
Fair value | 77,029 | 76,020 |
SBA Loan-Backed (Federal Agencies) [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities [Line Items] | ' | ' |
Amortized cost | 35,589 | 37,655 |
Gross unrealized gains | 170 | 258 |
Gross unrealized losses | -122 | -142 |
Fair value | $35,637 | $37,771 |
Note_4_Investment_Securities_A1
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities in Continuous Unrealized Loss Position (USD $) | 3 Months Ended | 12 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Dec. 31, 2013 |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities in Continuous Unrealized Loss Position [Line Items] | ' | ' |
Less than 12 months, number of securities | 30 | 39 |
Less than 12 months, fair value | $88,638 | $142,157 |
Less than 12 months, gross unrealized losses | 1,381 | 3,781 |
12 months or longer, number of securities | 17 | 13 |
12 months or longer, fair value | 54,580 | 35,946 |
12 months or longer, gross unrealized losses | 2,552 | 1,560 |
Number of securities | 47 | 52 |
Fair value | 143,218 | 178,103 |
Gross unrealized losses | 3,933 | 5,341 |
US Government Agencies Debt Securities [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities in Continuous Unrealized Loss Position [Line Items] | ' | ' |
Less than 12 months, number of securities | 0 | ' |
Less than 12 months, fair value | 0 | ' |
Less than 12 months, gross unrealized losses | 0 | ' |
12 months or longer, number of securities | 0 | ' |
12 months or longer, fair value | 0 | ' |
12 months or longer, gross unrealized losses | 0 | ' |
Number of securities | 0 | ' |
Fair value | 0 | ' |
Gross unrealized losses | 0 | ' |
State and Municipal [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities in Continuous Unrealized Loss Position [Line Items] | ' | ' |
Less than 12 months, number of securities | 1 | 1 |
Less than 12 months, fair value | 1,030 | 1,010 |
Less than 12 months, gross unrealized losses | 49 | 71 |
12 months or longer, number of securities | 0 | 0 |
12 months or longer, fair value | 0 | 0 |
12 months or longer, gross unrealized losses | 0 | 0 |
Number of securities | 1 | 1 |
Fair value | 1,030 | 1,010 |
Gross unrealized losses | 49 | 71 |
Collateralized Mortgage Obligations (Federal Agencies) [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities in Continuous Unrealized Loss Position [Line Items] | ' | ' |
Less than 12 months, number of securities | 7 | 14 |
Less than 12 months, fair value | 33,068 | 62,251 |
Less than 12 months, gross unrealized losses | 780 | 2,863 |
12 months or longer, number of securities | 13 | 9 |
12 months or longer, fair value | 47,898 | 29,123 |
12 months or longer, gross unrealized losses | 2,359 | 1,338 |
Number of securities | 20 | 23 |
Fair value | 80,966 | 91,374 |
Gross unrealized losses | 3,139 | 4,201 |
Other Mortgage-Backed (Federal Agencies) [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities in Continuous Unrealized Loss Position [Line Items] | ' | ' |
Less than 12 months, number of securities | 17 | 20 |
Less than 12 months, fair value | 36,702 | 64,428 |
Less than 12 months, gross unrealized losses | 503 | 774 |
12 months or longer, number of securities | 1 | 1 |
12 months or longer, fair value | 1,536 | 1,517 |
12 months or longer, gross unrealized losses | 120 | 153 |
Number of securities | 18 | 21 |
Fair value | 38,238 | 65,945 |
Gross unrealized losses | 623 | 927 |
SBA Loan-Backed (Federal Agencies) [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Reconciliation of Available for Sale Securities in Continuous Unrealized Loss Position [Line Items] | ' | ' |
Less than 12 months, number of securities | 5 | 4 |
Less than 12 months, fair value | 17,838 | 14,468 |
Less than 12 months, gross unrealized losses | 49 | 73 |
12 months or longer, number of securities | 3 | 3 |
12 months or longer, fair value | 5,146 | 5,306 |
12 months or longer, gross unrealized losses | 73 | 69 |
Number of securities | 8 | 7 |
Fair value | 22,984 | 19,774 |
Gross unrealized losses | $122 | $142 |
Note_4_Investment_Securities_A2
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale | Mar. 31, 2014 |
US Government Agencies Debt Securities [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 100.00% |
Available for sale securities fair value Standord and Poor's credit rating | 100.00% |
US Government Agencies Debt Securities [Member] | Moody's, Aaa Rating [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 100.00% |
State and Municipal [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 100.00% |
Available for sale securities fair value Standord and Poor's credit rating | 100.00% |
State and Municipal [Member] | Moody's Aa1 - A2 Rating [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 77.00% |
State and Municipal [Member] | Moody's, Baa1 Rating [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 6.00% |
State and Municipal [Member] | Not Rated [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 17.00% |
Collateralized Mortgage Obligations (Federal Agencies) [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 100.00% |
Available for sale securities fair value Standord and Poor's credit rating | 100.00% |
Collateralized Mortgage Obligations (Federal Agencies) [Member] | Moody's, Aaa Rating [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 100.00% |
Other Mortgage-Backed (Federal Agencies) [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 100.00% |
Available for sale securities fair value Standord and Poor's credit rating | 100.00% |
Other Mortgage-Backed (Federal Agencies) [Member] | Moody's, Aaa Rating [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 100.00% |
SBA Loan-Backed (Federal Agencies) [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 100.00% |
Available for sale securities fair value Standord and Poor's credit rating | 100.00% |
SBA Loan-Backed (Federal Agencies) [Member] | Moody's, Aaa Rating [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Moody's credit rating | 100.00% |
Standard & Poor's, A+ Rating [Member] | US Government Agencies Debt Securities [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Standord and Poor's credit rating | 100.00% |
Standard & Poor's, A+ Rating [Member] | State and Municipal [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Standord and Poor's credit rating | 15.00% |
Standard & Poor's, A+ Rating [Member] | Collateralized Mortgage Obligations (Federal Agencies) [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Standord and Poor's credit rating | 100.00% |
Standard & Poor's, A+ Rating [Member] | Other Mortgage-Backed (Federal Agencies) [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Standord and Poor's credit rating | 100.00% |
Standard & Poor's, A+ Rating [Member] | SBA Loan-Backed (Federal Agencies) [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Standord and Poor's credit rating | 100.00% |
Standard & Poor's Aa - Aa- [Member] | State and Municipal [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Standord and Poor's credit rating | 30.00% |
Not Rated [Member] | State and Municipal [Member] | ' |
Note 4 - Investment Securities Available for Sale (Details) - Ratings by Segment of Investment Securities Available for Sale [Line Items] | ' |
Available for sale securities fair value Standord and Poor's credit rating | 55.00% |
Note_4_Investment_Securities_A3
Note 4 - Investment Securities Available for Sale (Details) - Amortized Cost and Estimated Fair Value of Investment Securities Available for Sale (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Note 4 - Investment Securities Available for Sale (Details) - Amortized Cost and Estimated Fair Value of Investment Securities Available for Sale [Line Items] | ' | ' |
Due in one year or less, amortized cost | $5,923 | ' |
Due in one year or less, fair value | 5,951 | ' |
Due after one year through five years, amortized cost | 70,339 | ' |
Due after one year through five years, fair value | 70,313 | ' |
Due after five years through ten years, amortized cost | 100,515 | ' |
Due after five years through ten years, fair value | 97,204 | ' |
Due after ten years, amortized cost | 35,437 | ' |
Due after ten years, fair value | 35,304 | ' |
Available for sale securities, amortized cost | 212,214 | ' |
Available for sale securities, fair value | 208,772 | 214,383 |
US Government Agencies Debt Securities [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Amortized Cost and Estimated Fair Value of Investment Securities Available for Sale [Line Items] | ' | ' |
Due in one year or less, amortized cost | 0 | ' |
Due in one year or less, fair value | 0 | ' |
Due after one year through five years, amortized cost | 0 | ' |
Due after one year through five years, fair value | 0 | ' |
Due after five years through ten years, amortized cost | 1,940 | ' |
Due after five years through ten years, fair value | 1,943 | ' |
Due after ten years, amortized cost | 0 | ' |
Due after ten years, fair value | 0 | ' |
Available for sale securities, amortized cost | 1,940 | ' |
Available for sale securities, fair value | 1,943 | ' |
State and Municipal [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Amortized Cost and Estimated Fair Value of Investment Securities Available for Sale [Line Items] | ' | ' |
Due in one year or less, amortized cost | 3,112 | ' |
Due in one year or less, fair value | 3,137 | ' |
Due after one year through five years, amortized cost | 1,971 | ' |
Due after one year through five years, fair value | 2,043 | ' |
Due after five years through ten years, amortized cost | 2,164 | ' |
Due after five years through ten years, fair value | 2,116 | ' |
Due after ten years, amortized cost | 0 | ' |
Due after ten years, fair value | 0 | ' |
Available for sale securities, amortized cost | 7,247 | ' |
Available for sale securities, fair value | 7,296 | 7,460 |
Collateralized Mortgage Obligations (Federal Agencies) [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Amortized Cost and Estimated Fair Value of Investment Securities Available for Sale [Line Items] | ' | ' |
Due in one year or less, amortized cost | 2,038 | ' |
Due in one year or less, fair value | 2,041 | ' |
Due after one year through five years, amortized cost | 8,242 | ' |
Due after one year through five years, fair value | 8,073 | ' |
Due after five years through ten years, amortized cost | 79,699 | ' |
Due after five years through ten years, fair value | 76,753 | ' |
Due after ten years, amortized cost | 0 | ' |
Due after ten years, fair value | 0 | ' |
Available for sale securities, amortized cost | 89,979 | ' |
Available for sale securities, fair value | 86,867 | 93,132 |
Other Mortgage-Backed (Federal Agencies) [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Amortized Cost and Estimated Fair Value of Investment Securities Available for Sale [Line Items] | ' | ' |
Due in one year or less, amortized cost | 773 | ' |
Due in one year or less, fair value | 773 | ' |
Due after one year through five years, amortized cost | 35,621 | ' |
Due after one year through five years, fair value | 35,768 | ' |
Due after five years through ten years, amortized cost | 16,712 | ' |
Due after five years through ten years, fair value | 16,392 | ' |
Due after ten years, amortized cost | 24,353 | ' |
Due after ten years, fair value | 24,096 | ' |
Available for sale securities, amortized cost | 77,459 | ' |
Available for sale securities, fair value | 77,029 | 76,020 |
SBA Loan-Backed (Federal Agencies) [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Amortized Cost and Estimated Fair Value of Investment Securities Available for Sale [Line Items] | ' | ' |
Due in one year or less, amortized cost | 0 | ' |
Due in one year or less, fair value | 0 | ' |
Due after one year through five years, amortized cost | 24,505 | ' |
Due after one year through five years, fair value | 24,429 | ' |
Due after five years through ten years, amortized cost | 0 | ' |
Due after five years through ten years, fair value | 0 | ' |
Due after ten years, amortized cost | 11,084 | ' |
Due after ten years, fair value | 11,208 | ' |
Available for sale securities, amortized cost | 35,589 | ' |
Available for sale securities, fair value | $35,637 | $37,771 |
Note_4_Investment_Securities_A4
Note 4 - Investment Securities Available for Sale (Details) - Investment Securities Pledged as Collateral (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Note 4 - Investment Securities Available for Sale (Details) - Investment Securities Pledged as Collateral [Line Items] | ' | ' |
Investment securities available for sale pledged | $128,914 | $119,591 |
Public Funds Deposits [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Investment Securities Pledged as Collateral [Line Items] | ' | ' |
Investment securities available for sale pledged | 84,368 | 75,718 |
Retail Purchase Agreements [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Investment Securities Pledged as Collateral [Line Items] | ' | ' |
Investment securities available for sale pledged | 27,044 | 25,626 |
Federal Reserve Line of Credit [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Investment Securities Pledged as Collateral [Line Items] | ' | ' |
Investment securities available for sale pledged | 1,461 | 1,459 |
Correspondent Banks Line of Credit [Member] | ' | ' |
Note 4 - Investment Securities Available for Sale (Details) - Investment Securities Pledged as Collateral [Line Items] | ' | ' |
Investment securities available for sale pledged | $16,041 | $16,788 |
Note_4_Investment_Securities_A5
Note 4 - Investment Securities Available for Sale (Details) - Gross Realized Gains and Losses From Sales Of Investment Securities Available For Sale (USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2014 |
Gross Realized Gains and Losses From Sales Of Investment Securities Available For Sale [Abstract] | ' |
Realized gains | $125 |
Realized losses | -40 |
Total investment securities gains, net | $85 |
Note_5_Loans_Details
Note 5 - Loans (Details) (USD $) | 3 Months Ended | |
Mar. 31, 2014 | Dec. 31, 2013 | |
Note 5 - Loans (Details) [Line Items] | ' | ' |
Mortgage Loans Serviced For Benefit Of Others | $385,900,000 | $384,500,000 |
Aggregate Of Net Unearned Income Net Deferred Fees And Costs And Discounts And Premiums | 593,000 | 643,000 |
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans | 169,000 | ' |
Impaired Financing Receivable, Interest Income, Accrual Method | 462,000 | ' |
Impaired Financing Receivable, Average Recorded Investment | 44,100,000 | ' |
Federal Home Loan Bank Advances [Member] | ' | ' |
Note 5 - Loans (Details) [Line Items] | ' | ' |
Loans Pledged as Collateral | 189,400,000 | 205,200,000 |
Lendable Collateral | 85,800,000 | 90,200,000 |
Federal Reserve Services [Member] | ' | ' |
Note 5 - Loans (Details) [Line Items] | ' | ' |
Loans Pledged as Collateral | 749,000 | 794,000 |
Lendable Collateral | $643,000 | $651,000 |
Note_5_Loans_Details_Gross_Loa
Note 5 - Loans (Details) - Gross Loans and Other Loans Held-for-sale (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Note 5 - Loans (Details) - Gross Loans and Other Loans Held-for-sale [Line Items] | ' | ' |
Loans | $755,878 | $767,513 |
Percentage of loans and leases receivable gross carrying amount | 100.00% | 100.00% |
Commercial Real Estate Loans [Member] | ' | ' |
Note 5 - Loans (Details) - Gross Loans and Other Loans Held-for-sale [Line Items] | ' | ' |
Loans | 445,153 | 455,452 |
Percentage of loans and leases receivable gross carrying amount | 58.90% | 59.40% |
Single Family Residential [Member] | ' | ' |
Note 5 - Loans (Details) - Gross Loans and Other Loans Held-for-sale [Line Items] | ' | ' |
Loans | 176,454 | 178,125 |
Percentage of loans and leases receivable gross carrying amount | 23.30% | 23.20% |
Commercial And Industrial [Member] | ' | ' |
Note 5 - Loans (Details) - Gross Loans and Other Loans Held-for-sale [Line Items] | ' | ' |
Loans | 72,477 | 73,078 |
Percentage of loans and leases receivable gross carrying amount | 9.60% | 9.50% |
Consumer [Member] | ' | ' |
Note 5 - Loans (Details) - Gross Loans and Other Loans Held-for-sale [Line Items] | ' | ' |
Loans | 51,319 | 50,099 |
Percentage of loans and leases receivable gross carrying amount | 6.80% | 6.50% |
Other Financing Receivable [Member] | ' | ' |
Note 5 - Loans (Details) - Gross Loans and Other Loans Held-for-sale [Line Items] | ' | ' |
Loans | $10,475 | $10,759 |
Percentage of loans and leases receivable gross carrying amount | 1.40% | 1.40% |
Note_5_Loans_Details_Loans_Sec
Note 5 - Loans (Details) - Loans Secured by Commercial Real Estate (USD $) | Mar. 31, 2014 |
In Thousands, unless otherwise specified | |
Construction, Land Development and Other Land Loan [Member] | ' |
Secured by commercial real estate | ' |
Commercial real estate included in gross loans (in Dollars) | $74,373 |
Commercial real estate included in commercial loans held for sale | 9.90% |
Loans, gross | 55.70% |
Multi Family Residential [Member] | ' |
Secured by commercial real estate | ' |
Commercial real estate included in gross loans (in Dollars) | 9,983 |
Commercial real estate included in commercial loans held for sale | 1.30% |
Loans, gross | 7.50% |
Non Farm Nonresidential [Member] | ' |
Secured by commercial real estate | ' |
Commercial real estate included in gross loans (in Dollars) | 360,797 |
Commercial real estate included in commercial loans held for sale | 47.70% |
Loans, gross | 270.50% |
Commercial [Member] | ' |
Secured by commercial real estate | ' |
Commercial real estate included in gross loans (in Dollars) | $445,153 |
Commercial real estate included in commercial loans held for sale | 58.90% |
Loans, gross | 333.70% |
Note_5_Loans_Details_Loans_Sec1
Note 5 - Loans (Details) - Loans Secured by Commercial Real Estate by Category (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 |
In Thousands, unless otherwise specified | |||
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | $755,878 | $767,513 | $730,764 |
Land Unimproved [Member] | Development Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 18,750 | ' | ' |
Percentage of gross loans | 2.50% | ' | ' |
Percentage of Bank's total regulatory capital | 14.10% | ' | ' |
Land Development Commercial [Member] | Development Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 7,376 | ' | ' |
Percentage of gross loans | 1.00% | ' | ' |
Percentage of Bank's total regulatory capital | 5.50% | ' | ' |
Land Development Residential [Member] | Development Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 8,071 | ' | ' |
Percentage of gross loans | 1.10% | ' | ' |
Percentage of Bank's total regulatory capital | 6.10% | ' | ' |
Commercial Construction Retail [Member] | Development Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 1,657 | ' | ' |
Percentage of gross loans | 0.20% | ' | ' |
Percentage of Bank's total regulatory capital | 1.20% | ' | ' |
Commercial Construction Retail [Member] | Existing And Other Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 23,737 | ' | ' |
Percentage of gross loans | 3.10% | ' | ' |
Percentage of Bank's total regulatory capital | 17.80% | ' | ' |
Office Loan [Member] | Development Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 5,840 | ' | ' |
Percentage of gross loans | 0.80% | ' | ' |
Percentage of Bank's total regulatory capital | 4.40% | ' | ' |
Office Loan [Member] | Existing And Other Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 9,546 | ' | ' |
Percentage of gross loans | 1.30% | ' | ' |
Percentage of Bank's total regulatory capital | 7.20% | ' | ' |
Multi Family [Member] | Development Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 8,689 | ' | ' |
Percentage of gross loans | 1.10% | ' | ' |
Percentage of Bank's total regulatory capital | 6.50% | ' | ' |
Multi Family [Member] | Existing And Other Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 9,983 | ' | ' |
Percentage of gross loans | 1.30% | ' | ' |
Percentage of Bank's total regulatory capital | 7.50% | ' | ' |
Industrial And Warehouse [Member] | Development Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 668 | ' | ' |
Percentage of gross loans | 0.10% | ' | ' |
Percentage of Bank's total regulatory capital | 0.50% | ' | ' |
Industrial And Warehouse [Member] | Existing And Other Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 6,044 | ' | ' |
Percentage of gross loans | 0.80% | ' | ' |
Percentage of Bank's total regulatory capital | 4.50% | ' | ' |
Miscellaneous Commercial [Member] | Development Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 7,766 | ' | ' |
Percentage of gross loans | 1.00% | ' | ' |
Percentage of Bank's total regulatory capital | 5.80% | ' | ' |
Miscellaneous Commercial [Member] | Existing And Other Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 104,775 | ' | ' |
Percentage of gross loans | 13.90% | ' | ' |
Percentage of Bank's total regulatory capital | 78.50% | ' | ' |
Hotel/Motel [Member] | Existing And Other Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 53,843 | ' | ' |
Percentage of gross loans | 7.10% | ' | ' |
Percentage of Bank's total regulatory capital | 40.40% | ' | ' |
Health Care [Member] | Existing And Other Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 13,728 | ' | ' |
Percentage of gross loans | 1.80% | ' | ' |
Percentage of Bank's total regulatory capital | 10.30% | ' | ' |
Commercial Owner Occupied [Member] | Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 149,124 | ' | ' |
Percentage of gross loans | 19.70% | ' | ' |
Percentage of Bank's total regulatory capital | 111.80% | ' | ' |
Commercial Construction Owner Occupied [Member] | Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 6,861 | ' | ' |
Percentage of gross loans | 0.90% | ' | ' |
Percentage of Bank's total regulatory capital | 5.10% | ' | ' |
Residential Construction Contract [Member] | Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 8,695 | ' | ' |
Percentage of gross loans | 1.20% | ' | ' |
Percentage of Bank's total regulatory capital | 6.50% | ' | ' |
Commercial Real Estate Portfolio Segment [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 445,153 | ' | ' |
Percentage of gross loans | 58.90% | ' | ' |
Percentage of Bank's total regulatory capital | 333.70% | ' | ' |
Development Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 58,817 | ' | ' |
Percentage of gross loans | 7.80% | ' | ' |
Percentage of Bank's total regulatory capital | 44.10% | ' | ' |
Existing And Other Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | 221,656 | ' | ' |
Percentage of gross loans | 29.30% | ' | ' |
Percentage of Bank's total regulatory capital | 166.20% | ' | ' |
Commercial Real Estate Loans [Member] | ' | ' | ' |
Secured by: | ' | ' | ' |
Total commercial real estate loans (in Dollars) | $164,680 | ' | ' |
Percentage of gross loans | 21.80% | ' | ' |
Percentage of Bank's total regulatory capital | 123.40% | ' | ' |
Note_5_Loans_Details_Internal_
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans (USD $) | Mar. 31, 2014 | |
In Thousands, unless otherwise specified | ||
Construction, Land Development and Other Land Loan [Member] | Grade Three [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | $10,206 | |
Construction, Land Development and Other Land Loan [Member] | Grade Four [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 36,364 | |
Construction, Land Development and Other Land Loan [Member] | Grade W [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 5,134 | |
Construction, Land Development and Other Land Loan [Member] | Grade Five [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 2,158 | |
Construction, Land Development and Other Land Loan [Member] | Grade Six [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 3,677 | |
Construction, Land Development and Other Land Loan [Member] | Grade Seven [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 803 | |
Construction, Land Development and Other Land Loan [Member] | Not Risk Rated [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 16,031 | [1] |
Construction, Land Development and Other Land Loan [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 74,373 | |
Multi Family Residential [Member] | Grade Three [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 163 | |
Multi Family Residential [Member] | Grade Four [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 1,581 | |
Multi Family Residential [Member] | Grade W [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 8,059 | |
Multi Family Residential [Member] | Grade Six [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 180 | |
Multi Family Residential [Member] | Not Risk Rated [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | ' | [1] |
Multi Family Residential [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 9,983 | |
Non Farm Nonresidential [Member] | Grade Three [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 67,597 | |
Non Farm Nonresidential [Member] | Grade Four [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 168,340 | |
Non Farm Nonresidential [Member] | Grade W [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 76,633 | |
Non Farm Nonresidential [Member] | Grade Five [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 20,418 | |
Non Farm Nonresidential [Member] | Grade Six [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 26,210 | |
Non Farm Nonresidential [Member] | Grade Seven [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 1,599 | |
Non Farm Nonresidential [Member] | Not Risk Rated [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | ' | [1] |
Non Farm Nonresidential [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 360,797 | |
Commercial Real Estate in Other Loans Held for Sale [Member] | Grade Three [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 77,966 | |
Commercial Real Estate in Other Loans Held for Sale [Member] | Grade Four [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 206,285 | |
Commercial Real Estate in Other Loans Held for Sale [Member] | Grade W [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 89,826 | |
Commercial Real Estate in Other Loans Held for Sale [Member] | Grade Five [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 22,576 | |
Commercial Real Estate in Other Loans Held for Sale [Member] | Grade Six [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 30,067 | |
Commercial Real Estate in Other Loans Held for Sale [Member] | Grade Seven [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 2,402 | |
Commercial Real Estate in Other Loans Held for Sale [Member] | Not Risk Rated [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | 16,031 | [1] |
Commercial Real Estate in Other Loans Held for Sale [Member] | ' | |
Financing Receivable, Recorded Investment [Line Items] | ' | |
Gross loans | $445,153 | |
[1] | Consumer real estate loans, included within construction, land development and other land loans, are not risk rated in accordance with the Company's policy. |
Note_5_Loans_Details_Internal_1
Note 5 - Loans (Details) - Internal Credit Quality Indicators on Commercial and Industrial (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Note 5 - Loans (Details) - Internal Credit Quality Indicators on Commercial and Industrial [Line Items] | ' | ' |
Commercial and Industrial | $72,477 | $73,078 |
Grade One [Member] | ' | ' |
Note 5 - Loans (Details) - Internal Credit Quality Indicators on Commercial and Industrial [Line Items] | ' | ' |
Commercial and Industrial | 817 | 879 |
Grade Two [Member] | ' | ' |
Note 5 - Loans (Details) - Internal Credit Quality Indicators on Commercial and Industrial [Line Items] | ' | ' |
Commercial and Industrial | 1,589 | 1,186 |
Grade Three [Member] | ' | ' |
Note 5 - Loans (Details) - Internal Credit Quality Indicators on Commercial and Industrial [Line Items] | ' | ' |
Commercial and Industrial | 9,986 | 8,830 |
Grade Four [Member] | ' | ' |
Note 5 - Loans (Details) - Internal Credit Quality Indicators on Commercial and Industrial [Line Items] | ' | ' |
Commercial and Industrial | 49,225 | 51,167 |
Grade W [Member] | ' | ' |
Note 5 - Loans (Details) - Internal Credit Quality Indicators on Commercial and Industrial [Line Items] | ' | ' |
Commercial and Industrial | 5,351 | 5,151 |
Grade Five [Member] | ' | ' |
Note 5 - Loans (Details) - Internal Credit Quality Indicators on Commercial and Industrial [Line Items] | ' | ' |
Commercial and Industrial | 1,195 | 2,361 |
Grade Six [Member] | ' | ' |
Note 5 - Loans (Details) - Internal Credit Quality Indicators on Commercial and Industrial [Line Items] | ' | ' |
Commercial and Industrial | 3,899 | 2,923 |
Grade Seven [Member] | ' | ' |
Note 5 - Loans (Details) - Internal Credit Quality Indicators on Commercial and Industrial [Line Items] | ' | ' |
Commercial and Industrial | 415 | 494 |
Not Risk Rated [Member] | ' | ' |
Note 5 - Loans (Details) - Internal Credit Quality Indicators on Commercial and Industrial [Line Items] | ' | ' |
Commercial and Industrial | ' | $87 |
Note_5_Loans_Details_Mortgage_
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 |
In Thousands, unless otherwise specified | |||
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | $755,878 | $767,513 | $730,764 |
Revolving Lines Secured By Single Family Residential Properties [Member] | Performing Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 70,756 | 69,121 | ' |
Revolving Lines Secured By Single Family Residential Properties [Member] | Nonperforming Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 564 | 797 | ' |
Revolving Lines Secured By Single Family Residential Properties [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 71,320 | 69,918 | ' |
Single Family Residential Closed End First Lien [Member] | Performing Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 99,686 | 101,100 | ' |
Single Family Residential Closed End First Lien [Member] | Nonperforming Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 1,686 | 3,176 | ' |
Single Family Residential Closed End First Lien [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 101,372 | 104,276 | ' |
Single Family Residential Closed End Junior Lien [Member] | Performing Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 3,653 | 3,802 | ' |
Single Family Residential Closed End Junior Lien [Member] | Nonperforming Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 109 | 129 | ' |
Single Family Residential Closed End Junior Lien [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 3,762 | 3,931 | ' |
Single Family Residential [Member] | Performing Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 174,095 | 174,023 | ' |
Single Family Residential [Member] | Nonperforming Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 2,359 | 4,102 | ' |
Single Family Residential [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Mortgage Loan by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | $176,454 | $178,125 | $166,389 |
Note_5_Loans_Details_Consumer_
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 |
In Thousands, unless otherwise specified | |||
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | $755,878 | $767,513 | $730,764 |
Consumer Credit Card Financing Receivable [Member] | Performing Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 39,953 | 38,514 | ' |
Consumer Credit Card Financing Receivable [Member] | Nonperforming Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 136 | 210 | ' |
Consumer Credit Card Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 40,089 | 38,724 | ' |
Consumer Other Financing Receivable [Member] | Performing Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 11,213 | 11,349 | ' |
Consumer Other Financing Receivable [Member] | Nonperforming Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 17 | 26 | ' |
Consumer Other Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 11,230 | 11,375 | ' |
Consumer [Member] | Performing Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 51,166 | 49,863 | ' |
Consumer [Member] | Nonperforming Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 153 | 236 | ' |
Consumer [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 51,319 | 50,099 | 49,051 |
Other Loans [Member] | Performing Financing Receivable [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | 10,475 | 10,759 | ' |
Other Loans [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Consumer Loans by Credit Quality Indicators [Line Items] | ' | ' | ' |
Gross Loans | $10,475 | $10,759 | ' |
Note_5_Loans_Details_Internal_2
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | |
In Thousands, unless otherwise specified | |||
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | $755,878 | $767,513 | |
Construction, Land Development and Other Land Loan [Member] | Grade Three [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 10,025 | |
Construction, Land Development and Other Land Loan [Member] | Grade Four [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 34,654 | |
Construction, Land Development and Other Land Loan [Member] | Grade W [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 8,679 | |
Construction, Land Development and Other Land Loan [Member] | Grade Five [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 2,202 | |
Construction, Land Development and Other Land Loan [Member] | Grade Six [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 4,400 | |
Construction, Land Development and Other Land Loan [Member] | Grade Seven [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 803 | |
Construction, Land Development and Other Land Loan [Member] | Not Risk Rated [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 15,795 | [1] |
Construction, Land Development and Other Land Loan [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | 74,373 | 76,558 | |
Multi Family Residential [Member] | Grade Three [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 259 | |
Multi Family Residential [Member] | Grade Four [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 887 | |
Multi Family Residential [Member] | Grade W [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 9,079 | |
Multi Family Residential [Member] | Grade Six [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 181 | |
Multi Family Residential [Member] | Not Risk Rated [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 11 | [1] |
Multi Family Residential [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | 9,983 | 10,417 | |
Non Farm Nonresidential [Member] | Grade Three [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 69,954 | |
Non Farm Nonresidential [Member] | Grade Four [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 171,585 | |
Non Farm Nonresidential [Member] | Grade W [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 83,843 | |
Non Farm Nonresidential [Member] | Grade Five [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 16,727 | |
Non Farm Nonresidential [Member] | Grade Six [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 24,352 | |
Non Farm Nonresidential [Member] | Grade Seven [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 1,604 | |
Non Farm Nonresidential [Member] | Not Risk Rated [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 412 | [1] |
Non Farm Nonresidential [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | 360,797 | 368,477 | |
Commercial Real Estate Loans [Member] | Grade Three [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 80,238 | |
Commercial Real Estate Loans [Member] | Grade Four [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 207,126 | |
Commercial Real Estate Loans [Member] | Grade W [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 101,601 | |
Commercial Real Estate Loans [Member] | Grade Five [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 18,929 | |
Commercial Real Estate Loans [Member] | Grade Six [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 28,933 | |
Commercial Real Estate Loans [Member] | Grade Seven [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 2,407 | |
Commercial Real Estate Loans [Member] | Not Risk Rated [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | ' | 16,218 | [1] |
Commercial Real Estate Loans [Member] | ' | ' | |
Note 5 - Loans (Details) - Internal Credit Quality Indicators of Gross Loans 2013 [Line Items] | ' | ' | |
Gross loans | $445,153 | $455,452 | |
[1] | Consumer real estate loans, included within construction, land development and other land loans, are not risk rated in accordance with the Company's policy. |
Note_5_Loans_Details_Delinquen
Note 5 - Loans (Details) - Delinquencies by Class (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 |
In Thousands, unless otherwise specified | |||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
Total loans | $755,878 | $767,513 | ' |
30-89 days past due | 6,115 | 3,202 | ' |
Greater than 90 days past due on nonaccrual | 14,035 | 15,108 | ' |
Total past due | 20,150 | 18,310 | ' |
Current | 735,728 | 749,203 | ' |
Total loans | 755,878 | 767,513 | 730,764 |
Construction, Land Development and Other Land Loan [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30-89 days past due | 322 | 82 | ' |
Greater than 90 days past due on nonaccrual | 3,197 | 3,872 | ' |
Total past due | 3,519 | 3,954 | ' |
Current | 70,854 | 72,604 | ' |
Total loans | 74,373 | 76,558 | ' |
Multi Family Residential [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
Greater than 90 days past due on nonaccrual | 180 | 181 | ' |
Total past due | 180 | 181 | ' |
Current | 9,803 | 10,236 | ' |
Total loans | 9,983 | 10,417 | ' |
Non Farm Nonresidential [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30-89 days past due | 4,032 | 1,199 | ' |
Greater than 90 days past due on nonaccrual | 5,382 | 4,832 | ' |
Total past due | 9,414 | 6,031 | ' |
Current | 351,383 | 362,446 | ' |
Total loans | 360,797 | 368,477 | ' |
Commercial Real Estate Loans [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30-89 days past due | 4,354 | 1,281 | ' |
Greater than 90 days past due on nonaccrual | 8,759 | 8,885 | ' |
Total past due | 13,113 | 10,166 | ' |
Current | 432,040 | 445,286 | ' |
Total loans | 445,153 | 455,452 | ' |
Total loans | 445,153 | ' | 456,010 |
Revolving Lines Secured By Single Family Residential Properties [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30-89 days past due | 317 | 148 | ' |
Greater than 90 days past due on nonaccrual | 564 | 797 | ' |
Total past due | 881 | 945 | ' |
Current | 70,439 | 68,973 | ' |
Total loans | 71,320 | 69,918 | ' |
Total loans | 71,320 | 69,918 | ' |
Single Family Residential Closed End First Lien [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30-89 days past due | 929 | 1,091 | ' |
Greater than 90 days past due on nonaccrual | 2,686 | 3,176 | ' |
Total past due | 3,615 | 4,267 | ' |
Current | 97,757 | 100,009 | ' |
Total loans | 101,372 | 104,276 | ' |
Total loans | 101,372 | 104,276 | ' |
Single Family Residential Closed End Junior Lien [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30-89 days past due | 27 | 41 | ' |
Greater than 90 days past due on nonaccrual | 109 | 129 | ' |
Total past due | 136 | 170 | ' |
Current | 3,626 | 3,761 | ' |
Total loans | 3,762 | 3,931 | ' |
Total loans | 3,762 | 3,931 | ' |
Single Family Residential [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30-89 days past due | 1,273 | 1,280 | ' |
Greater than 90 days past due on nonaccrual | 3,359 | 4,102 | ' |
Total past due | 4,632 | 5,382 | ' |
Current | 171,822 | 172,743 | ' |
Total loans | 176,454 | 178,125 | ' |
Total loans | 176,454 | 178,125 | 166,389 |
Commercial And Industrial [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30-89 days past due | 177 | 306 | ' |
Greater than 90 days past due on nonaccrual | 1,764 | 1,885 | ' |
Total past due | 1,941 | 2,191 | ' |
Current | 70,536 | 70,887 | ' |
Total loans | 72,477 | 73,078 | ' |
Total loans | 72,477 | ' | 49,620 |
Indirect Automobile [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30-89 days past due | 253 | 294 | ' |
Greater than 90 days past due on nonaccrual | 136 | 210 | ' |
Total past due | 389 | 504 | ' |
Current | 39,700 | 38,220 | ' |
Total loans | 40,089 | 38,724 | ' |
Consumer Other Financing Receivable [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30-89 days past due | 58 | 41 | ' |
Greater than 90 days past due on nonaccrual | 17 | 26 | ' |
Total past due | 75 | 67 | ' |
Current | 11,155 | 11,308 | ' |
Total loans | 11,230 | 11,375 | ' |
Total loans | 11,230 | 11,375 | ' |
Consumer [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30-89 days past due | 311 | 335 | ' |
Greater than 90 days past due on nonaccrual | 153 | 236 | ' |
Total past due | 464 | 571 | ' |
Current | 50,855 | 49,528 | ' |
Total loans | 51,319 | 50,099 | ' |
Total loans | 51,319 | 50,099 | 49,051 |
Farmland [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
Current | 3,341 | 3,394 | ' |
Total loans | 3,341 | 3,394 | ' |
Obligations Of States And Political Subdivisions [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
Current | 478 | 497 | ' |
Total loans | 478 | 497 | ' |
Other Loan [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
Current | 6,656 | 6,868 | ' |
Total loans | 6,656 | 6,868 | ' |
All Other [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
Current | 10,475 | 10,759 | ' |
Total loans | 10,475 | 10,759 | ' |
Total loans | $10,475 | ' | $9,694 |
Note_5_Loans_Details_Compositi
Note 5 - Loans (Details) - Composition of Troubled Debt Restructurings Impaired Loans (USD $) | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | ||||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 |
Performing Troubled Debt Restructured Loans [Member] | Performing Troubled Debt Restructured Loans [Member] | Non Performing Troubled Debt Restructured Loans [Member] | Non Performing Troubled Debt Restructured Loans [Member] | Non Performing Other Loans [Member] | Non Performing Other Loans [Member] | Performing Other Loans [Member] | Performing Other Loans [Member] | Performing Troubled Debt Restructured Loans [Member] | Non Performing Troubled Debt Restructured Loans [Member] | |
Non Performing Troubled Debt Restructured Loans [Member] | Performing Troubled Debt Restructured Loans [Member] | Performing Troubled Debt Restructured Loans [Member] | Non Performing Troubled Debt Restructured Loans [Member] | Performing Troubled Debt Restructured Loans [Member] | Non Performing Troubled Debt Restructured Loans [Member] | |||||
Note 5 - Loans (Details) - Composition of Troubled Debt Restructurings Impaired Loans [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Troubled debt restructurings with a payment default | $25,662 | $26,744 | $1,942 | $2,184 | ' | ' | ' | ' | $27,604 | $28,928 |
Impaired loans | $25,662 | $26,744 | $1,942 | $2,184 | $6,048 | $6,580 | $9,730 | $9,187 | $43,382 | $44,695 |
Note_5_Loans_Details_Troubled_
Note 5 - Loans (Details) - Troubled Debt Restructurings Removed from Classification (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Troubled Debt Restructurings Removed from Classification [Abstract] | ' | ' |
Carrying balance | $956 | $5,842 |
Count | 3 | 8 |
Note_5_Loans_Details_Loans_Mod
Note 5 - Loans (Details) - Loans Modified (USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2013 |
Construction, Land Development and Other Land Loan [Member] | ' |
Note 5 - Loans (Details) - Loans Modified [Line Items] | ' |
Number of loans | 1 |
Pre-modification outstanding recorded investment | $60 |
Post-modification outstanding recorded investment | 60 |
Loans, Gross [Member] | ' |
Note 5 - Loans (Details) - Loans Modified [Line Items] | ' |
Number of loans | 1 |
Pre-modification outstanding recorded investment | 60 |
Post-modification outstanding recorded investment | 60 |
Rate Concessions [Member] | ' |
Note 5 - Loans (Details) - Loans Modified [Line Items] | ' |
Number of loans | 1 |
Pre-modification outstanding recorded investment | 60 |
Post-modification outstanding recorded investment | $60 |
Note_5_Loans_Details_Troubled_1
Note 5 - Loans (Details) - Troubled Debt Restructurings (USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2014 |
Non Farm Nonresidential [Member] | ' |
Note 5 - Loans (Details) - Troubled Debt Restructurings [Line Items] | ' |
Number of loans | 2 |
Recorded Investment | $2,597 |
Loans, Gross Excluding Other Loans Held For Sale [Member] | ' |
Note 5 - Loans (Details) - Troubled Debt Restructurings [Line Items] | ' |
Number of loans | 2 |
Recorded Investment | $2,597 |
Note_5_Loans_Details_Compositi1
Note 5 - Loans (Details) - Composition of Impaired Loans by Class (Loans, Gross [Member], USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Note 5 - Loans (Details) - Composition of Impaired Loans by Class [Line Items] | ' | ' |
Impaired loans with no related allowance, recorded investment | $24,758 | $22,968 |
Impaired loans with no related allowance, unpaid principal balance | 37,577 | ' |
Impaired loans with related allowance, recorded investment | 18,624 | 21,727 |
Impaired loans with related allowance, unpaid principal balance | 21,379 | ' |
Impaired loans with related allowance, related allowance | 2,470 | 2,555 |
Total Impaired Loans, recorded investment | 43,382 | 44,695 |
Total Impaired Loans, unpaid principal balance | 58,956 | ' |
Total Impaired Loans, related allowance | 2,470 | 2,555 |
Construction, Land Development and Other Land Loan [Member] | ' | ' |
Note 5 - Loans (Details) - Composition of Impaired Loans by Class [Line Items] | ' | ' |
Impaired loans with no related allowance, recorded investment | 2,757 | 3,244 |
Impaired loans with no related allowance, unpaid principal balance | 6,016 | ' |
Impaired loans with related allowance, recorded investment | 259 | 260 |
Impaired loans with related allowance, unpaid principal balance | 259 | ' |
Impaired loans with related allowance, related allowance | 68 | 68 |
Total Impaired Loans, recorded investment | 3,016 | 3,504 |
Total Impaired Loans, unpaid principal balance | 6,275 | ' |
Total Impaired Loans, related allowance | 68 | 68 |
Multi Family Residential [Member] | ' | ' |
Note 5 - Loans (Details) - Composition of Impaired Loans by Class [Line Items] | ' | ' |
Impaired loans with no related allowance, recorded investment | 180 | 181 |
Impaired loans with no related allowance, unpaid principal balance | 239 | ' |
Total Impaired Loans, recorded investment | 180 | 181 |
Total Impaired Loans, unpaid principal balance | 239 | ' |
Non Farm Nonresidential [Member] | ' | ' |
Note 5 - Loans (Details) - Composition of Impaired Loans by Class [Line Items] | ' | ' |
Impaired loans with no related allowance, recorded investment | 20,132 | 17,414 |
Impaired loans with no related allowance, unpaid principal balance | 24,940 | ' |
Impaired loans with related allowance, recorded investment | 15,883 | 18,839 |
Impaired loans with related allowance, unpaid principal balance | 17,338 | ' |
Impaired loans with related allowance, related allowance | 1,770 | 1,668 |
Total Impaired Loans, recorded investment | 36,015 | 36,253 |
Total Impaired Loans, unpaid principal balance | 42,278 | ' |
Total Impaired Loans, related allowance | 1,770 | 1,668 |
Commercial Real Estate Loans [Member] | ' | ' |
Note 5 - Loans (Details) - Composition of Impaired Loans by Class [Line Items] | ' | ' |
Impaired loans with no related allowance, recorded investment | 23,069 | 20,839 |
Impaired loans with no related allowance, unpaid principal balance | 31,195 | ' |
Impaired loans with related allowance, recorded investment | 16,142 | 19,099 |
Impaired loans with related allowance, unpaid principal balance | 17,597 | ' |
Impaired loans with related allowance, related allowance | 1,838 | 1,736 |
Total Impaired Loans, recorded investment | 39,211 | 39,938 |
Total Impaired Loans, unpaid principal balance | 48,792 | ' |
Total Impaired Loans, related allowance | 1,838 | 1,736 |
Revolving Lines Secured By Single Family Residential Properties [Member] | ' | ' |
Note 5 - Loans (Details) - Composition of Impaired Loans by Class [Line Items] | ' | ' |
Impaired loans with related allowance, recorded investment | 404 | 404 |
Impaired loans with related allowance, unpaid principal balance | 404 | ' |
Impaired loans with related allowance, related allowance | ' | 83 |
Total Impaired Loans, recorded investment | 404 | 404 |
Total Impaired Loans, unpaid principal balance | 404 | ' |
Total Impaired Loans, related allowance | ' | 83 |
Single Family Residential Closed End First Lien [Member] | ' | ' |
Note 5 - Loans (Details) - Composition of Impaired Loans by Class [Line Items] | ' | ' |
Impaired loans with no related allowance, recorded investment | 921 | 1,369 |
Impaired loans with no related allowance, unpaid principal balance | 5,208 | ' |
Impaired loans with related allowance, recorded investment | 253 | 323 |
Impaired loans with related allowance, unpaid principal balance | 253 | ' |
Impaired loans with related allowance, related allowance | 13 | 18 |
Total Impaired Loans, recorded investment | 1,174 | 1,692 |
Total Impaired Loans, unpaid principal balance | 5,461 | ' |
Total Impaired Loans, related allowance | 13 | 18 |
Single Family Residential Closed End Junior Lien [Member] | ' | ' |
Note 5 - Loans (Details) - Composition of Impaired Loans by Class [Line Items] | ' | ' |
Impaired loans with no related allowance, recorded investment | 27 | ' |
Impaired loans with no related allowance, unpaid principal balance | 27 | ' |
Impaired loans with related allowance, recorded investment | 167 | 195 |
Impaired loans with related allowance, unpaid principal balance | 167 | ' |
Impaired loans with related allowance, related allowance | 138 | 62 |
Total Impaired Loans, recorded investment | 194 | 195 |
Total Impaired Loans, unpaid principal balance | 194 | ' |
Total Impaired Loans, related allowance | 138 | 62 |
Single Family Residential [Member] | ' | ' |
Note 5 - Loans (Details) - Composition of Impaired Loans by Class [Line Items] | ' | ' |
Impaired loans with no related allowance, recorded investment | 948 | 1,369 |
Impaired loans with no related allowance, unpaid principal balance | 5,235 | ' |
Impaired loans with related allowance, recorded investment | 824 | 922 |
Impaired loans with related allowance, unpaid principal balance | 824 | ' |
Impaired loans with related allowance, related allowance | 151 | 163 |
Total Impaired Loans, recorded investment | 1,772 | 2,291 |
Total Impaired Loans, unpaid principal balance | 6,059 | ' |
Total Impaired Loans, related allowance | 151 | 163 |
Commercial And Industrial [Member] | ' | ' |
Note 5 - Loans (Details) - Composition of Impaired Loans by Class [Line Items] | ' | ' |
Impaired loans with no related allowance, recorded investment | 735 | 753 |
Impaired loans with no related allowance, unpaid principal balance | 1,132 | ' |
Impaired loans with related allowance, recorded investment | 1,641 | 1,680 |
Impaired loans with related allowance, unpaid principal balance | 2,941 | ' |
Impaired loans with related allowance, related allowance | 478 | 644 |
Total Impaired Loans, recorded investment | 2,376 | 2,433 |
Total Impaired Loans, unpaid principal balance | 4,073 | ' |
Total Impaired Loans, related allowance | 478 | 644 |
Consumer [Member] | ' | ' |
Note 5 - Loans (Details) - Composition of Impaired Loans by Class [Line Items] | ' | ' |
Impaired loans with no related allowance, recorded investment | 6 | 7 |
Impaired loans with no related allowance, unpaid principal balance | 15 | ' |
Impaired loans with related allowance, recorded investment | 17 | 26 |
Impaired loans with related allowance, unpaid principal balance | 17 | ' |
Impaired loans with related allowance, related allowance | 3 | 12 |
Total Impaired Loans, recorded investment | 23 | 33 |
Total Impaired Loans, unpaid principal balance | 32 | ' |
Total Impaired Loans, related allowance | $3 | $12 |
Note_5_Loans_Details_Allowance
Note 5 - Loans (Details) - Allowance for Loan Losses (USD $) | 3 Months Ended | ||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 |
Note 5 - Loans (Details) - Allowance for Loan Losses [Line Items] | ' | ' | ' |
Allowance for loan losses, beginning of period | $16,485 | $17,825 | ' |
Provision for loan losses | ' | 350 | ' |
Loan charge-offs | 476 | 948 | ' |
Loan recoveries | 234 | 243 | ' |
Net loans charged-off | 242 | 705 | ' |
Allowance for loan losses, end of period | 16,243 | 17,470 | ' |
Loans, gross, individually evaluated for impairment | 43,382 | 43,144 | ' |
Loans, gross, collectively evaluated for impairment | 712,496 | 687,620 | ' |
Loans, gross | 755,878 | 730,764 | 767,513 |
Allowance for loan losses, individually evaluated for impairment | 2,470 | 3,093 | ' |
Allowance for loan losses, collectively evaluated for impairment | 13,773 | 14,377 | ' |
Commercial Real Estate Loans [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Allowance for Loan Losses [Line Items] | ' | ' | ' |
Allowance for loan losses, beginning of period | 10,565 | 12,317 | ' |
Provision for loan losses | 48 | -270 | ' |
Loan charge-offs | 161 | 464 | ' |
Loan recoveries | 5 | 31 | ' |
Net loans charged-off | 156 | 433 | ' |
Allowance for loan losses, end of period | 10,457 | 11,614 | ' |
Loans, gross, individually evaluated for impairment | 39,211 | 36,989 | ' |
Loans, gross, collectively evaluated for impairment | 405,942 | 419,021 | ' |
Loans, gross | 445,153 | 456,010 | ' |
Allowance for loan losses, individually evaluated for impairment | 1,838 | 1,995 | ' |
Allowance for loan losses, collectively evaluated for impairment | 8,619 | 9,619 | ' |
Single Family Residential [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Allowance for Loan Losses [Line Items] | ' | ' | ' |
Allowance for loan losses, beginning of period | 3,124 | 3,140 | ' |
Provision for loan losses | -37 | -101 | ' |
Loan charge-offs | 104 | 133 | ' |
Loan recoveries | 91 | 43 | ' |
Net loans charged-off | 13 | 90 | ' |
Allowance for loan losses, end of period | 3,074 | 2,949 | ' |
Loans, gross, individually evaluated for impairment | 1,772 | 3,056 | ' |
Loans, gross, collectively evaluated for impairment | 174,682 | 163,333 | ' |
Loans, gross | 176,454 | 166,389 | 178,125 |
Allowance for loan losses, individually evaluated for impairment | 151 | 214 | ' |
Allowance for loan losses, collectively evaluated for impairment | 2,923 | 2,735 | ' |
Commercial And Industrial [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Allowance for Loan Losses [Line Items] | ' | ' | ' |
Allowance for loan losses, beginning of period | 1,682 | 1,264 | ' |
Provision for loan losses | -171 | 655 | ' |
Loan charge-offs | ' | 39 | ' |
Loan recoveries | 12 | 10 | ' |
Net loans charged-off | -12 | 29 | ' |
Allowance for loan losses, end of period | 1,523 | 1,890 | ' |
Loans, gross, individually evaluated for impairment | 2,376 | 3,062 | ' |
Loans, gross, collectively evaluated for impairment | 70,101 | 46,558 | ' |
Loans, gross | 72,477 | 49,620 | ' |
Allowance for loan losses, individually evaluated for impairment | 478 | 880 | ' |
Allowance for loan losses, collectively evaluated for impairment | 1,045 | 1,010 | ' |
Consumer [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Allowance for Loan Losses [Line Items] | ' | ' | ' |
Allowance for loan losses, beginning of period | 1,118 | 1,093 | ' |
Provision for loan losses | 35 | -17 | ' |
Loan charge-offs | 56 | 97 | ' |
Loan recoveries | 31 | 34 | ' |
Net loans charged-off | 25 | 63 | ' |
Allowance for loan losses, end of period | 1,128 | 1,013 | ' |
Loans, gross, individually evaluated for impairment | 23 | 37 | ' |
Loans, gross, collectively evaluated for impairment | 51,296 | 49,014 | ' |
Loans, gross | 51,319 | 49,051 | 50,099 |
Allowance for loan losses, individually evaluated for impairment | 3 | 4 | ' |
Allowance for loan losses, collectively evaluated for impairment | 1,125 | 1,009 | ' |
All Other [Member] | ' | ' | ' |
Note 5 - Loans (Details) - Allowance for Loan Losses [Line Items] | ' | ' | ' |
Allowance for loan losses, beginning of period | -4 | 11 | ' |
Provision for loan losses | 125 | 83 | ' |
Loan charge-offs | 155 | 215 | ' |
Loan recoveries | 95 | 125 | ' |
Net loans charged-off | 60 | 90 | ' |
Allowance for loan losses, end of period | 61 | 4 | ' |
Loans, gross, individually evaluated for impairment | 0 | 0 | ' |
Loans, gross, collectively evaluated for impairment | 10,475 | 9,694 | ' |
Loans, gross | 10,475 | 9,694 | ' |
Allowance for loan losses, individually evaluated for impairment | 0 | 0 | ' |
Allowance for loan losses, collectively evaluated for impairment | $61 | $4 | ' |
Note_6_Other_Loans_Held_for_Sa2
Note 6 - Other Loans Held for Sale and Valuation Allowance (Details) - Other Loans Held for Sale and Valuation Allowance (USD $) | 3 Months Ended | ||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2012 |
Note 6 - Other Loans Held for Sale and Valuation Allowance (Details) - Other Loans Held for Sale and Valuation Allowance [Line Items] | ' | ' | ' |
Valuation allowance | ' | $1,512 | $1,512 |
SBA Loans [Member] | Gross [Member] | ' | ' | ' |
Note 6 - Other Loans Held for Sale and Valuation Allowance (Details) - Other Loans Held for Sale and Valuation Allowance [Line Items] | ' | ' | ' |
Loans transferred to other loans held for sale | 1,166 | 1,730 | ' |
Proceeds from sales of SBA loans | 1,236 | 1,903 | ' |
Gain on sales of SBA loans | -70 | -173 | ' |
Gross [Member] | ' | ' | ' |
Note 6 - Other Loans Held for Sale and Valuation Allowance (Details) - Other Loans Held for Sale and Valuation Allowance [Line Items] | ' | ' | ' |
Balance | ' | 2,288 | 2,288 |
Total additions | 1,166 | 1,730 | ' |
Total reductions | $1,166 | $1,730 | ' |
Note_7_Premises_and_Equipment_2
Note 7 - Premises and Equipment, net (Details) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Property, Plant and Equipment [Abstract] | ' | ' |
Number Of Commercial And Consumer Banking Branches | 25 | ' |
Number Of Leased Branches | 5 | ' |
Number Of Owned Branches | 20 | ' |
Depreciation (in Dollars) | $593 | $639 |
Note_7_Premises_and_Equipment_3
Note 7 - Premises and Equipment, net (Details) - Premises and Equipment Balances (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Property, Plant and Equipment [Line Items] | ' | ' |
Premises and equipment, gross | $48,073 | $48,756 |
Accumulated depreciation | -25,093 | -25,389 |
Premises and equipment, net | 22,980 | 23,367 |
Land [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Premises and equipment, gross | 5,521 | 5,521 |
Building [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Premises and equipment, gross | 19,439 | 19,395 |
Leasehold Improvements [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Premises and equipment, gross | 3,760 | 3,746 |
Furniture and Equipment [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Premises and equipment, gross | 13,259 | 13,259 |
Software [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Premises and equipment, gross | 5,443 | 5,344 |
Bank Automobiles [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Premises and equipment, gross | 95 | 95 |
Capital Lease Asset [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Premises and equipment, gross | $556 | $1,396 |
Note_8_LongLived_Assets_Held_f1
Note 8 - Long-Lived Assets Held for Sale (Details) (USD $) | Mar. 31, 2014 |
In Thousands, unless otherwise specified | |
Vacant Parcel Of Land [Member] | ' |
Note 8 - Long-Lived Assets Held for Sale (Details) [Line Items] | ' |
Assets Held-for-sale, Long Lived | $562 |
Branch Facility [Member] | ' |
Note 8 - Long-Lived Assets Held for Sale (Details) [Line Items] | ' |
Assets Held-for-sale, Long Lived | $123 |
Note_9_Servicing_Rights_Detail
Note 9 - Servicing Rights (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||||
Mortgage Servicing Rights [Member] | ' | ' | ' | ' |
Note 9 - Servicing Rights (Details) [Line Items] | ' | ' | ' | ' |
Servicing Asset at Amortized Cost | $2,406 | $2,431 | $2,499 | $2,545 |
Servicing Asset at Fair Value, Amount | 3,700 | 3,800 | ' | ' |
SBA Servicing Rights [Member] | ' | ' | ' | ' |
Note 9 - Servicing Rights (Details) [Line Items] | ' | ' | ' | ' |
Servicing Asset at Amortized Cost | 90 | 64 | 76 | 39 |
Servicing Asset at Fair Value, Amount | $96 | $69 | ' | ' |
Note_9_Servicing_Rights_Detail1
Note 9 - Servicing Rights (Details) - Servicing Rights Activity (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Mortgage Servicing Rights [Member] | ' | ' |
Servicing Asset at Amortized Cost [Line Items] | ' | ' |
Mortgage-servicing rights portfolio, net of valuation allowance, beginning of period | $2,431 | $2,545 |
Mortgage-servicing rights portfolio, net of valuation allowance, end of period | 2,406 | 2,499 |
Capitalized mortgage-servicing rights | 115 | 171 |
Mortgage-servicing rights portfolio amortization and impairment | -140 | -217 |
SBA Servicing Rights [Member] | ' | ' |
Servicing Asset at Amortized Cost [Line Items] | ' | ' |
Mortgage-servicing rights portfolio, net of valuation allowance, beginning of period | 64 | 39 |
Mortgage-servicing rights portfolio, net of valuation allowance, end of period | 90 | 76 |
Capitalized mortgage-servicing rights | 31 | 40 |
Mortgage-servicing rights portfolio amortization and impairment | ($5) | ($3) |
Note_9_Servicing_Rights_Detail2
Note 9 - Servicing Rights (Details) - Valuation Allowance for Impairment of Servicing Rights (USD $) | 3 Months Ended | 3 Months Ended | ||
In Thousands, unless otherwise specified | Mar. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 |
Mortgage Servicing Rights [Member] | Mortgage Servicing Rights [Member] | Mortgage Servicing Rights [Member] | SBA Servicing Rights [Member] | |
Valuation Allowance for Impairment of Recognized Servicing Assets [Line Items] | ' | ' | ' | ' |
Valuation allowance, beginning of period | $41 | $31 | $31 | $8 |
Additions charged to operations, net | 12 | ' | ' | 3 |
Valuation allowance, end of period | $53 | $31 | $31 | $11 |
Note_10_Foreclosed_Real_Estate2
Note 10 - Foreclosed Real Estate and Repossessed Personal Property (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Millions, unless otherwise specified | ||
Foreclosed Real Estate And Repossessed Personal Property [Abstract] | ' | ' |
Number Of Developed Lots Included In Real Estate Segment | 77 | 77 |
Amount Of Developed Residential Lots (in Dollars) | $6.40 | $6.50 |
Number of Real Estate Properties | 1 | 1 |
Note_10_Foreclosed_Real_Estate3
Note 10 - Foreclosed Real Estate and Repossessed Personal Property (Details) - Foreclosed Real Estate and Repossessed Personal Property (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||||
Foreclosed Real Estate and Repossessed Personal Property [Abstract] | ' | ' | ' | ' |
Foreclosed real estate | $7,490 | $7,502 | $11,057 | $10,911 |
Repossessed personal property | 13 | 43 | ' | ' |
Total foreclosed real estate and repossessed personal property | $7,503 | $7,545 | ' | ' |
Note_10_Foreclosed_Real_Estate4
Note 10 - Foreclosed Real Estate and Repossessed Personal Property (Details) - Changes in Foreclosed Real Estate Portfolio (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Changes in Foreclosed Real Estate Portfolio [Abstract] | ' | ' |
Foreclosed real estate, beginning of period | $7,502 | $10,911 |
Plus: new foreclosed real estate | 455 | 1,270 |
Less: proceeds from sale of foreclosed real estate | -264 | -765 |
Plus: gain on sale of foreclosed real estate | 43 | 57 |
Less: writedowns and losses charged to expense | -246 | -416 |
Foreclosed real estate, end of period | $7,490 | $11,057 |
Note_11_BankOwned_Life_Insuran1
Note 11 - Bank-Owned Life Insurance (Details) (USD $) | 3 Months Ended | |
In Millions, unless otherwise specified | Mar. 31, 2014 | Dec. 31, 2013 |
Note 11 - Bank-Owned Life Insurance (Details) [Line Items] | ' | ' |
Number of Life Insurance Policies | 2 | ' |
Life Insurance Premum | $5 | ' |
Cash Surrender Value of Life Insurance | 10.1 | 10 |
Former Executive Management [Member] | ' | ' |
Note 11 - Bank-Owned Life Insurance (Details) [Line Items] | ' | ' |
Cash Surrender Value of Life Insurance | $1.60 | $1.60 |
Note_12_Deposits_Details
Note 12 - Deposits (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Disclosure Text Block [Abstract] | ' | ' |
Deposit Liabilities Reclassified as Loans Receivable | $465,000 | $564,000 |
Interest-bearing Domestic Deposit, Brokered | $0 | $0 |
Note_12_Deposits_Details_Compo
Note 12 - Deposits (Details) - Composition of Deposits (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Composition of Deposits [Abstract] | ' | ' |
Transaction deposits | $522,638 | $494,289 |
Money market deposits | 132,284 | 136,476 |
Savings deposits | 85,647 | 79,760 |
Time deposits $100,000 and greater | 73,522 | 79,654 |
Time deposits less than $100,000 | 113,942 | 117,181 |
Total deposits | $928,033 | $907,360 |
Note_12_Deposits_Details_Inter
Note 12 - Deposits (Details) - Interest Expense on Deposits (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Interest Expense on Deposits [Abstract] | ' | ' |
Transaction deposits | $10 | $9 |
Money market deposits | 9 | 8 |
Savings deposits | 3 | 2 |
Time deposits | 105 | 876 |
Total interest expense on deposits | $127 | $895 |
Note_13_Borrowings_Details
Note 13 - Borrowings (Details) (USD $) | 3 Months Ended | |
In Millions, unless otherwise specified | Mar. 31, 2014 | Dec. 31, 2013 |
Debt Disclosure [Abstract] | ' | ' |
Securities Sold under Agreements to Repurchase, Fair Value of Collateral (in Dollars) | $27 | ' |
Federal Home Loan Bank Advances General Debt Obligations Disclosures Percentage Of Maximum Amount Available | 25.00% | ' |
Federal Reserve Advances General Debt Obligations Disclosures Loans And Securities Pledged (in Dollars) | 2.2 | 2.1 |
Number Of Secured Line Of Credit Facility | 3 | 3 |
Number Of Unsecured Line Of Credit Facility | 3 | 2 |
Number Of Banks | 5 | 4 |
Line of Credit Facility, Maximum Borrowing Capacity (in Dollars) | ' | 60 |
Additional Line of Credit Acquired (in Dollars) | $10 | ' |
Note_13_Borrowings_Details_FHL
Note 13 - Borrowings (Details) - FHLB Borrowed Funds Utilization and Availability (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items] | ' | ' |
FHLB advances | $20,000 | $35,000 |
Excess lendable collateral value pledged to serve against FHLB advances | 65,802 | 55,225 |
Investment Security [Member] | ' | ' |
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items] | ' | ' |
Available lendable loan collateral value pledged to serve against FHLB advances | $85,802 | $90,225 |
Note_13_Borrowings_Details_FHL1
Note 13 - Borrowings (Details) - FHLB Advances Balance, Maturity Date and Interest Rate (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Short-term Debt [Line Items] | ' | ' |
Federal Home Loan Bank Advances Balance | $20,000 | $35,000 |
Federal Home Loan Bank Advance One [Member] | ' | ' |
Short-term Debt [Line Items] | ' | ' |
Federal Home Loan Bank Advances Balance | 10,000 | ' |
Federal Home Loan Bank Advances Maturity Date | 30-Apr-14 | ' |
Federal Home Loan Bank Advances Interest Rate | 0.21% | ' |
Federal Home Loan Bank Advance Two [Member] | ' | ' |
Short-term Debt [Line Items] | ' | ' |
Federal Home Loan Bank Advances Balance | $10,000 | ' |
Federal Home Loan Bank Advances Maturity Date | 21-Jul-14 | ' |
Federal Home Loan Bank Advances Interest Rate | 0.24% | ' |
Note_14_Shareholders_Equity_De
Note 14 - Shareholders' Equity (Details) | Mar. 31, 2014 | Dec. 31, 2013 |
Stockholders' Equity Note [Abstract] | ' | ' |
Common Stock, Shares Authorized | 75,000,000 | 75,000,000 |
Common Stock, Shares, Outstanding | 12,792,509 | 12,784,605 |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | 577,905 | ' |
Preferred Stock, Shares Authorized | 2,500,000 | 2,500,000 |
Note_14_Shareholders_Equity_De1
Note 14 - Shareholders' Equity (Details) - Changes in Accumulated Other Comprehensive Loss by Component (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Changes in Accumulated Other Comprehensive Loss by Component [Abstract] | ' | ' |
Net unrealized loss on investment securities available for sale | ($2,135) | ($2,990) |
Net unrealized defined benefit pension plan actuarial loss | -7,303 | -7,303 |
Total accumulated other comprehensive loss, net of tax | ($9,438) | ($10,293) |
Note_15_Income_Taxes_Details
Note 15 - Income Taxes (Details) (USD $) | 3 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Note 15 - Income Taxes (Details) [Line Items] | ' | ' |
Operating Loss Carryforwards To Be Expired In Year One | $3,600,000 | ' |
Operating Loss Carryforwards To Be Expired In Year Two | 10,300,000 | ' |
Operating Loss Carryforwards To Be Expired In Year Three | 142,000 | ' |
Income Tax Expense (Benefit) | 1,182,000 | 813,000 |
Estimated Future Utilization Of Built In Losses | 53,000,000 | ' |
Estimated Future Utilization Of Built In Losses Per Year | 1,100,000 | ' |
Domestic Tax Authority [Member] | ' | ' |
Note 15 - Income Taxes (Details) [Line Items] | ' | ' |
Operating Loss Carryforwards | 14,100,000 | ' |
Deferred Tax Assets, Net of Valuation Allowance | 20,500,000 | ' |
Operating Loss Carryforward [Member] | ' | ' |
Note 15 - Income Taxes (Details) [Line Items] | ' | ' |
Income Tax Expense (Benefit) | 3,300,000 | ' |
Operating Loss Carryforward Expiring 2030 [Member] | ' | ' |
Note 15 - Income Taxes (Details) [Line Items] | ' | ' |
Income Tax Expense (Benefit) | -400,000 | ' |
Operating Loss Carryforward Expiring 2031 [Member] | ' | ' |
Note 15 - Income Taxes (Details) [Line Items] | ' | ' |
Income Tax Expense (Benefit) | ($2,900,000) | ' |
Note_16_Benefit_Plans_Details
Note 16 - Benefit Plans (Details) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 3 Months Ended | ||
Mar. 31, 2014 | Jun. 30, 2013 | Mar. 31, 2014 | Dec. 31, 2007 | Dec. 31, 2013 | Apr. 30, 2014 | Jun. 30, 2014 | |
Subsequent Event [Member] | Subsequent Event [Member] | ||||||
Note 16 - Benefit Plans (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Amount | ' | ' | $0.10 | ' | ' | ' | ' |
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent | ' | ' | 6.00% | ' | ' | ' | ' |
Defined Contribution Plan, Employer Discretionary Contribution Amount | 12,000 | ' | ' | ' | ' | ' | ' |
Benefit Equalization Plan Participant Refunds Contributed | ' | 32,000 | ' | ' | ' | ' | 32,000 |
Criteria For Defined Benefit Pension Plan | ' | ' | ' | '12 months | ' | ' | ' |
Attainable Age For Continuous Servicing In Defined Pension Plan | ' | ' | ' | '21 years | ' | ' | ' |
Defined Benefit Pension Plan, Liabilities | 1,500,000 | ' | 1,500,000 | ' | 1,300,000 | ' | ' |
Defined Contribution Plan Employer Final Contribution Amount | ' | ' | ' | ' | ' | 400,000 | ' |
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year | $1,200,000 | ' | ' | ' | ' | ' | ' |
Note_16_Benefit_Plans_Details_
Note 16 - Benefit Plans (Details) - Employee Benefit Plans (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Employee Benefit Plans [Abstract] | ' | ' |
Interest cost | $268 | $210 |
Expected return on plan assets | -317 | -283 |
Amortization of net actuarial loss | 255 | 242 |
Net periodic pension expense | $206 | $169 |
Note_16_Benefit_Plans_Details_1
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category [Line Items] | ' | ' |
Total assets | $16,468 | $16,798 |
Cash and Cash Equivalents [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category [Line Items] | ' | ' |
Total assets | 5,214 | 4,440 |
US Government Agencies Debt Securities [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category [Line Items] | ' | ' |
Total assets | ' | 549 |
State and Municipal [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category [Line Items] | ' | ' |
Total assets | ' | 470 |
Corporate Debt Securities [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category [Line Items] | ' | ' |
Total assets | ' | 3,398 |
Mutual Funds [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category [Line Items] | ' | ' |
Total assets | 2,358 | 3,596 |
Corporate Stocks [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category [Line Items] | ' | ' |
Total assets | 1,095 | 3,329 |
Exchange Traded Funds [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category [Line Items] | ' | ' |
Total assets | 7,614 | 287 |
Foreign Equities [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category [Line Items] | ' | ' |
Total assets | 177 | 694 |
Accrued Interest Receivable [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category [Line Items] | ' | ' |
Total assets | 4 | 30 |
Other Plan Assets [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Fair Value of Pension Plan Assets by Major Category [Line Items] | ' | ' |
Total assets | $6 | $5 |
Note_16_Benefit_Plans_Details_2
Note 16 - Benefit Plans (Details) - Defined Benefit Pension Plan Assets Measured at Fair Value (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Note 16 - Benefit Plans (Details) - Defined Benefit Pension Plan Assets Measured at Fair Value [Line Items] | ' | ' |
Pension Plan assets | $16,468 | $16,798 |
Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Defined Benefit Pension Plan Assets Measured at Fair Value [Line Items] | ' | ' |
Pension Plan assets | 6,319 | 7,804 |
Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Defined Benefit Pension Plan Assets Measured at Fair Value [Line Items] | ' | ' |
Pension Plan assets | 10,149 | 8,994 |
Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 16 - Benefit Plans (Details) - Defined Benefit Pension Plan Assets Measured at Fair Value [Line Items] | ' | ' |
Pension Plan assets | $0 | $0 |
Note_17_Equity_Based_Compensat2
Note 17 - Equity Based Compensation (Details) (USD $) | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 15 Months Ended | 3 Months Ended | 12 Months Ended | 15 Months Ended | ||||||||
Mar. 31, 2014 | Mar. 31, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Mar. 31, 2014 | Mar. 31, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2011 | Mar. 31, 2014 | Mar. 31, 2014 | |
Restricted Stock [Member] | Restricted Stock [Member] | Restricted Stock [Member] | Restricted Stock [Member] | Restricted Stock [Member] | Restricted Stock [Member] | Restricted Stock [Member] | Restricted Stock [Member] | Restricted Stock [Member] | 1997 Plan [Member] | 1997 Plan [Member] | 2008 Restricted Stock Plan [Member] | 2011 Stock Incentive Plan [Member] | 2011 Stock Incentive Plan [Member] | Team Member [Member] | ||
Other Than Management Members of Board of Directors [Member] | 2008 Restricted Stock Plan [Member] | 2008 Restricted Stock Plan [Member] | 2011 Stock Incentive Plan [Member] | 2011 Stock Incentive Plan [Member] | 2011 Stock Incentive Plan [Member] | 2011 Stock Incentive Plan [Member] | Team Member [Member] | |||||||||
2008 Restricted Stock Plan [Member] | ||||||||||||||||
Note 17 - Equity Based Compensation (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value (in Dollars) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0 | $0 | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | ' | ' | 0 | ' | 7,904 | 8,811 | 8,020 | 89,751 | ' | 7,904 | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | ' | ' | $27.55 | $27.55 | ' | $13.70 | $6.50 | $10.48 | ' | $12.92 | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number | ' | ' | 62,384 | ' | 113,911 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number | ' | ' | 11,245 | ' | 111,411 | 103,507 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted | ' | ' | 5,404 | ' | ' | ' | ' | ' | 2,500 | ' | ' | ' | ' | ' | ' | ' |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Value (in Dollars) | ' | 70,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 4,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 383,251 | ' | 4,000 |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized (in Dollars) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $101,000 | ' | $926,000 | ' |
Note_17_Equity_Based_Compensat3
Note 17 - Equity Based Compensation (Details) - Stock Option Activity for 1997 Plan (1997 Plan [Member], USD $) | 3 Months Ended |
Mar. 31, 2014 | |
1997 Plan [Member] | ' |
Note 17 - Equity Based Compensation (Details) - Stock Option Activity for 1997 Plan [Line Items] | ' |
Stock options outstanding | 6,450 |
Weighted average exercise price | $103.89 |
Forfeited | -1,250 |
Forfeited | $109.20 |
Expired | -2,250 |
Expired | $93.20 |
Stock options outstanding | 2,950 |
Weighted average exercise price | $109.80 |
Note_17_Equity_Based_Compensat4
Note 17 - Equity Based Compensation (Details) - Information Regarding Stock Options Under Plan that are Outstanding and Exerciable (USD $) | 3 Months Ended |
Mar. 31, 2014 | |
Note 17 - Equity Based Compensation (Details) - Information Regarding Stock Options Under Plan that are Outstanding and Exerciable [Line Items] | ' |
Number of stock options outstanding and exercisable | 2,950 |
Weighted-average remaining contractual life | '2 years 40 days |
Range One [Member] | ' |
Note 17 - Equity Based Compensation (Details) - Information Regarding Stock Options Under Plan that are Outstanding and Exerciable [Line Items] | ' |
Exercise price or range of exercise prices | 106.4 |
Number of stock options outstanding and exercisable | 250 |
Weighted-average remaining contractual life | '292 days |
Range Two [Member] | ' |
Note 17 - Equity Based Compensation (Details) - Information Regarding Stock Options Under Plan that are Outstanding and Exerciable [Line Items] | ' |
Exercise price or range of exercise prices | 109.2 |
Number of stock options outstanding and exercisable | 2,500 |
Weighted-average remaining contractual life | '2 years 65 days |
Range Three [Member] | ' |
Note 17 - Equity Based Compensation (Details) - Information Regarding Stock Options Under Plan that are Outstanding and Exerciable [Line Items] | ' |
Exercise price or range of exercise prices | 121.6 |
Number of stock options outstanding and exercisable | 200 |
Weighted-average remaining contractual life | '2 years 292 days |
Note_17_Equity_Based_Compensat5
Note 17 - Equity Based Compensation (Details) - Stock Options and Restricted Stock Activity (USD $) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Note 17 - Equity Based Compensation (Details) - Stock Options and Restricted Stock Activity [Line Items] | ' | ' | ' | ' |
Grants | 11,904 | ' | ' | ' |
Stock options outstanding | 4,000 | ' | ' | ' |
Weighted-average exercise price (in Dollars per share) | 12.96 | ' | ' | ' |
Remaining shares available for grant, March 31, 2014 | 577,905 | ' | ' | ' |
Restricted Stock [Member] | 2011 Stock Incentive Plan [Member] | ' | ' | ' | ' |
Note 17 - Equity Based Compensation (Details) - Stock Options and Restricted Stock Activity [Line Items] | ' | ' | ' | ' |
Shares of restricted stock | 7,904 | 8,811 | 8,020 | 89,751 |
Weighted-average grant date fair value per share (in Dollars per share) | ' | $13.70 | $6.50 | $10.48 |
Granted, net of forfeitures, March 31, 2014 | 113,911 | ' | ' | ' |
2013 Forfeitures | 0 | -575 | ' | ' |
2013 Forfeitures (in Dollars per share) | ' | $13.95 | ' | ' |
Restricted Stock [Member] | ' | ' | ' | ' |
Note 17 - Equity Based Compensation (Details) - Stock Options and Restricted Stock Activity [Line Items] | ' | ' | ' | ' |
Shares of restricted stock | 7,904 | ' | ' | ' |
Weighted-average grant date fair value per share (in Dollars per share) | 12.92 | ' | ' | ' |
2011 Stock Incentive Plan [Member] | ' | ' | ' | ' |
Note 17 - Equity Based Compensation (Details) - Stock Options and Restricted Stock Activity [Line Items] | ' | ' | ' | ' |
Grants | ' | 8,811 | 8,020 | 473,002 |
Stock options outstanding | ' | ' | ' | 383,251 |
Weighted-average exercise price (in Dollars per share) | ' | ' | ' | $10.51 |
Granted, net of forfeitures, March 31, 2014 | 501,162 | ' | ' | ' |
Outstanding, March 31, 2014 | 376,001 | ' | ' | ' |
Outstanding, March 31, 2014 (in Dollars per share) | 10.52 | ' | ' | ' |
Shares available for grant | 700,000 | ' | ' | ' |
Remaining shares available for grant, March 31, 2014 | 198,838 | ' | ' | ' |
2013 Forfeitures | ' | -575 | ' | ' |
2013 Exercises | ' | -11,250 | ' | ' |
2013 Exercises (in Dollars per share) | ' | $11 | ' | ' |
Note_17_Equity_Based_Compensat6
Note 17 - Equity Based Compensation (Details) - Restricted Stock Vesting Status (Restricted Stock [Member]) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Note 17 - Equity Based Compensation (Details) - Restricted Stock Vesting Status [Line Items] | ' | ' | ' | ' |
Grants | 7,904 | ' | ' | ' |
2011 Stock Incentive Plan [Member] | ' | ' | ' | ' |
Note 17 - Equity Based Compensation (Details) - Restricted Stock Vesting Status [Line Items] | ' | ' | ' | ' |
Balance | 103,507 | ' | ' | ' |
Grants | 7,904 | 8,811 | 8,020 | 89,751 |
Forfeited | 0 | 575 | ' | ' |
Vested | 0 | ' | ' | ' |
Balance | 111,411 | 103,507 | ' | ' |
Note_17_Equity_Based_Compensat7
Note 17 - Equity Based Compensation (Details) - Stock Options Outstanding (2011 Stock Incentive Plan [Member], USD $) | 3 Months Ended |
Mar. 31, 2014 | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' |
Number of stock options outstanding | 376,001 |
Weighted-average remaining contractual life | '7 years 69 days |
Value of outstanding in-the-money stock options | $1,341,504 |
Range One [Member] | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' |
Exercise Price | $10.40 |
Number of stock options outstanding | 312,501 |
Weighted-average remaining contractual life | '7 years 47 days |
Value of outstanding in-the-money stock options | 1,153,129 |
Range Two [Member] | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' |
Exercise Price | $11 |
Number of stock options outstanding | 59,500 |
Weighted-average remaining contractual life | '7 years 109 days |
Value of outstanding in-the-money stock options | 183,855 |
Range Three [Member] | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' |
Exercise Price | $12.96 |
Number of stock options outstanding | 4,000 |
Weighted-average remaining contractual life | '9 years 324 days |
Value of outstanding in-the-money stock options | $4,520 |
Note_17_Equity_Based_Compensat8
Note 17 - Equity Based Compensation (Details) - Fair Value of Stock Option Award Granted (USD $) | 3 Months Ended |
Mar. 31, 2014 | |
Fair Value of Stock Option Award Granted [Abstract] | ' |
Option exercise price, per share (in Dollars per share) | $12.96 |
Fair value of stock option awards granted, per share (in Dollars per share) | $6.87 |
Expected dividend yield | 0.00% |
Expected volatility | 50.00% |
Risk-free interest rate | 2.19% |
Expected term (years) | '7 years |
Vesting period (years) | '3 years |
Note_17_Equity_Based_Compensat9
Note 17 - Equity Based Compensation (Details) - Compensation Expense Charged Against Pretax Loss Under Restricted Stock and Stock Options Award (Restricted Stock And Stock Options [Member], USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Compensation expense | ' | ' |
Equity-based Compensation Expense | $252 | $328 |
Income tax benefit | 93 | 0 |
1997 Plan [Member] | ' | ' |
Compensation expense | ' | ' |
Equity-based Compensation Expense | 0 | 0 |
2008 Plan [Member] | ' | ' |
Compensation expense | ' | ' |
Equity-based Compensation Expense | 31 | 135 |
2011 Stock Incentive Plan [Member] | ' | ' |
Compensation expense | ' | ' |
Equity-based Compensation Expense | $221 | $193 |
Note_18_Average_Share_Informat2
Note 18 - Average Share Information (Details) - Reconciliation of Denominators of the Basic and Diluted Net Income Per Share (USD $) | 3 Months Ended | |||
In Thousands, except Share data, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 | ||
Basic net income per common share | ' | ' | ||
Net Income | $2,028 | $2,176 | ||
Undistributed earnings allocated to participating securities | -18 | ' | ||
Net income allocated to common shareholders | 2,010 | 2,176 | ||
Average common shares issued and outstanding (in Shares) | 12,675,257 | 12,650,766 | ||
Dilutive potential common shares (1) (in Shares) | 32,187 | [1] | ' | [1] |
Total diluted average common shares issued and outstanding (in Shares) | 12,707,444 | 12,650,766 | ||
Diluted net income per common share (in Dollars per share) | $0.16 | $0.17 | ||
Net income allocated to common shareholders | $2,010 | $2,176 | ||
Basic net income per common share (in Dollars per share) | $0.16 | $0.17 | ||
[1] | Includes dilutive impact of restricted stock and stock options, when applicable. |
Note_19_Commitments_Guarantees2
Note 19 - Commitments, Guarantees and Other Contingencies (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Note 19 - Commitments, Guarantees and Other Contingencies (Details) [Line Items] | ' | ' |
Maximum Potential Commitment Under Letters Of Credit | $4,000,000 | $3,700,000 |
Reserve For Unfunded Commitments | 242,000 | 259,000 |
Subscription Agreement [Member] | ' | ' |
Note 19 - Commitments, Guarantees and Other Contingencies (Details) [Line Items] | ' | ' |
Guarantor Obligations, Maximum Exposure, Undiscounted | 2,000,000 | ' |
Percent of Capital Commitments | 1.30% | ' |
Private Limited Partnership Interests [Member] | Plexus Fund III, L.P. [Member] | ' | ' |
Note 19 - Commitments, Guarantees and Other Contingencies (Details) [Line Items] | ' | ' |
Commitments Raised | $450,000 | ' |
Note_19_Commitments_Guarantees3
Note 19 - Commitments, Guarantees and Other Contingencies (Details) - Contractual Amounts of the Companybs Unused Lending Commitments (USD $) | Mar. 31, 2014 |
In Thousands, unless otherwise specified | |
Commitments to extend credit: | ' |
Unused Lending Commitments | $177,445 |
Revolving Lines Secured By Single Family Residential Properties [Member] | ' |
Commitments to extend credit: | ' |
Unused Lending Commitments | 60,532 |
Single Family Residential Construction Loan [Member] | ' |
Commitments to extend credit: | ' |
Unused Lending Commitments | 10,858 |
Commercial Real Estate, Other Construction Loan, and Land Development Loan Commitments [Member] | ' |
Commitments to extend credit: | ' |
Unused Lending Commitments | 22,394 |
Commercial And Industrial [Member] | ' |
Commitments to extend credit: | ' |
Unused Lending Commitments | 36,345 |
Overdraft Protection Line [Member] | ' |
Commitments to extend credit: | ' |
Unused Lending Commitments | 30,636 |
Other Loan [Member] | ' |
Commitments to extend credit: | ' |
Unused Lending Commitments | $16,680 |
Note_20_Derivative_Financial_I1
Note 20 - Derivative Financial Instruments and Hedging Activities (Details) (USD $) | 3 Months Ended | ||
Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 | |
Note 20 - Derivative Financial Instruments and Hedging Activities (Details) [Line Items] | ' | ' | ' |
Derivative Asset | $186,000 | ' | $204,000 |
Derivative Liability | 6,000 | ' | 7,000 |
Loan Origination Commitments [Member] | Other Assets [Member] | ' | ' | ' |
Note 20 - Derivative Financial Instruments and Hedging Activities (Details) [Line Items] | ' | ' | ' |
Derivative Asset | 175,000 | ' | 176,000 |
Loan Origination Commitments [Member] | Other Liabilities [Member] | ' | ' | ' |
Note 20 - Derivative Financial Instruments and Hedging Activities (Details) [Line Items] | ' | ' | ' |
Derivative Liability | ' | ' | 3,000 |
Loan Origination Commitments [Member] | ' | ' | ' |
Note 20 - Derivative Financial Instruments and Hedging Activities (Details) [Line Items] | ' | ' | ' |
Commitments and Contingencies | 6,500,000 | ' | 7,300,000 |
Derivative, Gain (Loss) on Derivative, Net | 1,000 | 13,000 | ' |
Forward Sales Commitment [Member] | Other Assets [Member] | ' | ' | ' |
Note 20 - Derivative Financial Instruments and Hedging Activities (Details) [Line Items] | ' | ' | ' |
Derivative Asset | 11,000 | ' | 28,000 |
Forward Sales Commitment [Member] | Other Liabilities [Member] | ' | ' | ' |
Note 20 - Derivative Financial Instruments and Hedging Activities (Details) [Line Items] | ' | ' | ' |
Derivative Liability | 6,000 | ' | 4,000 |
Forward Sales Commitment [Member] | ' | ' | ' |
Note 20 - Derivative Financial Instruments and Hedging Activities (Details) [Line Items] | ' | ' | ' |
Commitments and Contingencies | 8,000,000 | ' | 6,800,000 |
Derivative, Gain (Loss) on Derivative, Net | $19,000 | $89,000 | ' |
Note_21_Disclosures_Regarding_2
Note 21 - Disclosures Regarding Fair Value (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Fair Value Disclosures [Abstract] | ' | ' |
Liabilities, Fair Value Disclosure, Nonrecurring | $0 | $0 |
Note_21_Disclosures_Regarding_3
Note 21 - Disclosures Regarding Fair Value (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Assets | ' | ' |
Trading account assets | $5,247 | $5,118 |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 208,772 | 214,383 |
Derivative financial instruments, assets | 186 | 204 |
Total assets measured at fair value on a recurring basis | 214,205 | 219,705 |
Liabilities | ' | ' |
Derivative financial instruments, liabilities | 6 | 7 |
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 1,943 | ' |
US Government Agencies Debt Securities [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 1,943 | ' |
State and Municipal [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 1,086 | ' |
State and Municipal [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 6,210 | 7,460 |
State and Municipal [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 7,296 | 7,460 |
Collateralized Mortgage Obligations (Federal Agencies) [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 2,383 | ' |
Collateralized Mortgage Obligations (Federal Agencies) [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 84,484 | 93,132 |
Collateralized Mortgage Obligations (Federal Agencies) [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 86,867 | 93,132 |
Other Mortgage-Backed (Federal Agencies) [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 8,457 | 1,188 |
Other Mortgage-Backed (Federal Agencies) [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 68,572 | 74,832 |
Other Mortgage-Backed (Federal Agencies) [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 77,029 | 76,020 |
SBA Loan-Backed (Federal Agencies) [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 19,071 | 20,457 |
SBA Loan-Backed (Federal Agencies) [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 16,566 | 17,314 |
SBA Loan-Backed (Federal Agencies) [Member] | ' | ' |
Investment securities available for sale | ' | ' |
Available for sale securities fair value | 35,637 | 37,771 |
Fair Value, Inputs, Level 1 [Member] | ' | ' |
Assets | ' | ' |
Trading account assets | 432 | 1,347 |
Investment securities available for sale | ' | ' |
Total assets measured at fair value on a recurring basis | 33,372 | 22,992 |
Fair Value, Inputs, Level 2 [Member] | ' | ' |
Assets | ' | ' |
Trading account assets | 4,815 | 3,771 |
Investment securities available for sale | ' | ' |
Derivative financial instruments, assets | 186 | 204 |
Total assets measured at fair value on a recurring basis | 180,833 | 196,713 |
Liabilities | ' | ' |
Derivative financial instruments, liabilities | $6 | $7 |
Note_21_Disclosures_Regarding_4
Note 21 - Disclosures Regarding Fair Value (Details) - Assets Measured at Fair Value on a Nonrecurring Basis (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Assets | ' | ' |
Total assets measured at fair value on a nonrecurring basis | $214,205 | $219,705 |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Assets | ' | ' |
Foreclosed real estate and repossessed personal property | 34 | 34 |
Total assets measured at fair value on a nonrecurring basis | 34 | 34 |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Assets | ' | ' |
Mortgage loans held for sale | 2,474 | 1,722 |
Impaired loans in gross loans | 5,726 | 5,588 |
Foreclosed real estate and repossessed personal property | 377 | 31 |
Total assets measured at fair value on a nonrecurring basis | 8,577 | 7,341 |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Assets | ' | ' |
Impaired loans in gross loans | ' | 25 |
Foreclosed real estate and repossessed personal property | 6,253 | 6,595 |
Long-lived assets held for sale | 685 | 685 |
Total assets measured at fair value on a nonrecurring basis | 6,938 | 7,305 |
Fair Value, Measurements, Nonrecurring [Member] | ' | ' |
Assets | ' | ' |
Mortgage loans held for sale | 2,474 | 1,722 |
Impaired loans in gross loans | 5,726 | 5,613 |
Foreclosed real estate and repossessed personal property | 6,664 | 6,660 |
Long-lived assets held for sale | 685 | 685 |
Total assets measured at fair value on a nonrecurring basis | 15,549 | 14,680 |
Fair Value, Inputs, Level 1 [Member] | ' | ' |
Assets | ' | ' |
Total assets measured at fair value on a nonrecurring basis | 33,372 | 22,992 |
Fair Value, Inputs, Level 2 [Member] | ' | ' |
Assets | ' | ' |
Total assets measured at fair value on a nonrecurring basis | $180,833 | $196,713 |
Note_21_Disclosures_Regarding_5
Note 21 - Disclosures Regarding Fair Value (Details) - Significant Unobservable Inputs Used in Fair Value Measurements for Level 3 Assets Measured at Fair Value on a Nonrecurring Basis (Fair Value, Measurements, Nonrecurring [Member], USD $) | 3 Months Ended | |||||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 |
Foreclosed Real Estate and Repossessed Personal Property [Member] | Long Lived Assets Held For Sale [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | |||||
Assets | ' | ' | ' | ' | ' | ' |
Foreclosed real estate and repossessed personal property | $6,253 | ' | $6,253 | $6,595 | $6,664 | $6,660 |
Foreclosed real estate and repossessed personal property | 'Appraisals of collateral value | 'Internal valuation | ' | ' | ' | ' |
Foreclosed real estate and repossessed personal property | 'Adjustments to appraisal for age of comparable sales | 'Appraisals and/or sales of comparable properties | ' | ' | ' | ' |
Long-lived assets held for sale | ' | $685 | $685 | $685 | $685 | $685 |
Long-lived assets held for sale | 'Appraisals of collateral value | 'Internal valuation | ' | ' | ' | ' |
Long-lived assets held for sale | 'Adjustments to appraisal for age of comparable sales | 'Appraisals and/or sales of comparable properties | ' | ' | ' | ' |
Note_21_Disclosures_Regarding_6
Note 21 - Disclosures Regarding Fair Value (Details) - Carrying Amount and Fair Value for Other Financial Instruments (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | ||
In Thousands, unless otherwise specified | ||||
Carrying Amount [Member] | ' | ' | ||
Financial instruments - assets | ' | ' | ||
Loans | $736,673 | [1] | $748,243 | [1] |
Financial instruments - liabilities | ' | ' | ||
Deposits | 928,033 | 907,360 | ||
Fair Value [Member] | ' | ' | ||
Financial instruments - assets | ' | ' | ||
Loans | 738,458 | [1] | 748,330 | [1] |
Financial instruments - liabilities | ' | ' | ||
Deposits | $916,003 | $896,858 | ||
[1] | Includes gross loans less impaired loans for which fair value exceeds carrying value and allowance for loan losses relative to loans collectively evaluated for impairment. |
Note_22_Regulatory_Capital_Req2
Note 22 - Regulatory Capital Requirements and Dividend Restrictions (Details) - The Companybs and the Bankbs Actual and Required Capital Ratios (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Company [Member] | ' | ' |
Total capital to risk-weighted assets | ' | ' |
Total capital to risk-weighted assets, actual amount | $133,473 | $130,043 |
Total capital to risk-weighted assets, actual ratio | 16.08% | 15.49% |
Total capital to risk-weighted assets, for capital adequacy purposes amount | 66,419 | 67,142 |
Total capital to risk-weighted assets, for capital adequacy purposes ratio | 8.00% | 8.00% |
Total capital to risk-weighted assets, to be well capitalized under prompt corrective action provisions amount | ' | ' |
Total capital to risk-weighted assets, to be well capitalized under prompt corrective action provisions ratio | ' | ' |
Tier 1 capital to risk-weighted assets | ' | ' |
Tier 1 capital to risk-weighted assets, actual amount | 123,020 | 119,475 |
Tier 1 capital to risk-weighted assets, actual ratio | 14.82% | 14.24% |
Tier 1 capital to risk-weighted assets, for capital adequacy purposes amount | 33,209 | 33,571 |
Tier 1 capital to risk-weighted assets, for capital adequacy purposes ratio | 4.00% | 4.00% |
Tier 1 capital to risk-weighted assets, to be well capitalized under prompt corrective action provisions amount | ' | ' |
Tier 1 capital to risk-weighted assets, to be well capitalized under prompt corrective action provisions ratio | ' | ' |
Tier 1 leverage ratio | ' | ' |
Tier 1 leverage ratio, actual amount | 123,020 | 119,475 |
Tier 1 leverage ratio, actual ratio | 11.37% | 11.03% |
Tier 1 leverage ratio, for capital adequacy purposes amount | 43,262 | 43,309 |
Tier 1 leverage ratio, for capital adequacy purposes ratio | 4.00% | 4.00% |
Tier 1 leverage ratio, to be well capitalized under prompt corrective action provisions amount | ' | ' |
Tier 1 leverage ratio, to be well capitalized under prompt corrective action provisions ratio | ' | ' |
Palmetto Bank [Member] | ' | ' |
Total capital to risk-weighted assets | ' | ' |
Total capital to risk-weighted assets, actual amount | 133,404 | 129,956 |
Total capital to risk-weighted assets, actual ratio | 16.07% | 15.48% |
Total capital to risk-weighted assets, for capital adequacy purposes amount | 66,417 | 67,142 |
Total capital to risk-weighted assets, for capital adequacy purposes ratio | 8.00% | 8.00% |
Total capital to risk-weighted assets, to be well capitalized under prompt corrective action provisions amount | 83,021 | 83,928 |
Total capital to risk-weighted assets, to be well capitalized under prompt corrective action provisions ratio | 10.00% | 10.00% |
Tier 1 capital to risk-weighted assets | ' | ' |
Tier 1 capital to risk-weighted assets, actual amount | 122,951 | 119,388 |
Tier 1 capital to risk-weighted assets, actual ratio | 14.81% | 14.23% |
Tier 1 capital to risk-weighted assets, for capital adequacy purposes amount | 33,208 | 33,571 |
Tier 1 capital to risk-weighted assets, for capital adequacy purposes ratio | 4.00% | 4.00% |
Tier 1 capital to risk-weighted assets, to be well capitalized under prompt corrective action provisions amount | 49,813 | 50,357 |
Tier 1 capital to risk-weighted assets, to be well capitalized under prompt corrective action provisions ratio | 6.00% | 6.00% |
Tier 1 leverage ratio | ' | ' |
Tier 1 leverage ratio, actual amount | 122,951 | 119,388 |
Tier 1 leverage ratio, actual ratio | 11.37% | 11.03% |
Tier 1 leverage ratio, for capital adequacy purposes amount | 43,262 | 43,311 |
Tier 1 leverage ratio, for capital adequacy purposes ratio | 4.00% | 4.00% |
Tier 1 leverage ratio, to be well capitalized under prompt corrective action provisions amount | $54,077 | $54,138 |
Tier 1 leverage ratio, to be well capitalized under prompt corrective action provisions ratio | 5.00% | 5.00% |