Republic First Bancorp (FRBKQ) 10-Q 7 Nov 16 2016 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 04, 2016
Document Information [Line Items]
Entity Registrant Name	REPUBLIC FIRST BANCORP INC
Entity Central Index Key	834,285
Trading Symbol	frbk
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		37,917,378
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Amendment Flag	false

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)		Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks		$ 23,061,000	$ 13,777,000
Interest bearing deposits with banks		126,980,000	13,362,000
Cash and cash equivalents		150,041,000	27,139,000
Investment securities available for sale, at fair value		299,385,000	284,795,000
Investment securities held to maturity, at amortized cost (fair value of $223,247 and $171,845, respectively)		220,470,000	172,277,000
Restricted stock, at cost		1,366,000	3,059,000
Loans held for sale		29,715,000	3,653,000
Loans receivable (net of allowance for loan losses of $9,453 and $8,703, respectively)		936,088,000	866,066,000
Premises and equipment, net		55,573,000	46,164,000
Other real estate owned, net		10,271,000	11,313,000
Accrued interest receivable		4,588,000	4,216,000
Goodwill		4,892,000
Intangible asset		87,000
Other assets		21,986,000	20,761,000
Total Assets		1,734,462,000	1,439,443,000
LIABILITIES AND SHAREHOLDERS' EQUITY
Demand - non-interest bearing		302,372,000	243,695,000
Demand - interest bearing		587,197,000	381,499,000
Money market and savings		583,536,000	556,526,000
Time deposits		109,127,000	67,578,000
Total Deposits		1,582,232,000	1,249,298,000
Short-term borrowings			47,000,000
Accrued interest payable		339,000	245,000
Other liabilities		9,763,000	7,049,000
Subordinated debt		22,476,000	22,476,000
Total Liabilities		1,614,810,000	1,326,068,000
Shareholders’ Equity
Preferred stock, par value $0.01 per share: 10,000,000 shares authorized; no shares issued and outstanding		0	0
Common stock, par value $0.01 per share: 100,000,000 shares authorized; shares issued 38,446,223 as of September 30, 2016 and 38,365,848 as of December 31, 2015; shares outstanding 37,917,378 as of September 30, 2016 and 37,837,003 as of December 31, 2015		384,000	384,000
Additional paid in capital		153,887,000	152,897,000
Accumulated deficit		(29,385,000)	(32,833,000)
Treasury stock at cost (503,408 shares as of September 30, 2016 and December 31, 2015)		(3,725,000)	(3,725,000)
Stock held by deferred compensation plan (25,437 shares as of September 30, 2016 and December 31, 2015)		(183,000)	(183,000)
Accumulated other comprehensive loss	[1]	(1,326,000)	(3,165,000)
Total Shareholders’ Equity		119,652,000	113,375,000
Total Liabilities and Shareholders’ Equity		$ 1,734,462,000	$ 1,439,443,000
[1]	All amounts are net of tax. Amounts in parentheses indicate reductions to other comprehensive income.

Consolidated Balance Sheets (C3

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Investment securities held to maturity, at fair value	$ 223,247	$ 171,845
Loans receivable, allowance for loan losses	$ 9,453	$ 8,703
Preferred stock par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	38,446,223	38,365,848
Common stock, shares outstanding (in shares)	37,917,378	37,837,003
Treasury stock (in shares)	503,408	503,408
Stock held by deferred compensation plan (in shares)	25,437	25,437

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Interest income:
Interest and fees on taxable loans	$ 10,446	$ 9,518	$ 30,259	$ 27,611
Interest and fees on tax-exempt loans	261	130	702	384
Interest and dividends on taxable investment securities	2,591	1,509	7,805	4,396
Interest and dividends on tax-exempt investment securities	173	153	526	416
Interest on federal funds sold and other interest-earning assets	149	60	299	223
Total interest income	13,620	11,370	39,591	33,030
Interest expense:
Demand- interest bearing	553	378	1,471	1,009
Money market and savings	677	538	1,923	1,592
Time deposits	301	183	625	528
Other borrowings	303	279	898	833
Total interest expense	1,834	1,378	4,917	3,962
Net interest income	11,786	9,992	34,674	29,068
Provision for loan losses	607		1,557
Net interest income after provision for loan losses	11,179	9,992	33,117	29,068
Non-interest income:
Loan advisory and servicing fees	218	163	1,018	1,087
Gain on sales of loans	4,413	884	6,995	2,684
Service fees on deposit accounts	686	452	1,910	1,213
Gain on sale of investment securities	2	64	656	73
Other-than-temporary impairment	(12)		(39)	(13)
Portion recognized in other comprehensive income (before taxes)	10		32	10
Net impairment loss on investment securities	(2)		(7)	(3)
Other non-interest income	(94)	(41)	(282)	(149)
Total non-interest income	5,411	1,604	10,854	5,203
Non-interest expenses:
Salaries and employee benefits	7,731	5,730	20,334	16,667
Occupancy	1,535	1,240	4,387	3,624
Depreciation and amortization	1,051	671	2,816	2,126
Legal	158	52	312	631
Other real estate owned	702	425	1,610	1,173
Advertising	218	233	537	475
Data processing	669	408	1,711	1,133
Insurance	262	162	656	532
Professional fees	352	293	1,167	968
Regulatory assessments and costs	296	318	1,011	911
Taxes, other	243	169	495	594
Other operating expenses	2,065	1,323	5,556	3,811
Total non-interest expense	15,282	11,024	40,592	32,645
Income before benefit for income taxes	1,308	572	3,379	1,626
Benefit for income taxes	(32)	(10)	(69)	(17)
Net income	$ 1,340	$ 582	$ 3,448	$ 1,643
Net income per share:
Basic (in dollars per share)	$ 0.04	$ 0.02	$ 0.09	$ 0.04
Diluted (in dollars per share)	$ 0.03	$ 0.02	$ 0.09	$ 0.04

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016		Sep. 30, 2015
Net income	$ 1,340	$ 582	$ 3,448		$ 1,643
Other comprehensive income (loss), net of tax
Unrealized gain (loss) on securities (pre-tax $(1,082), $490, $3,386, and $(718), respectively)	(693)	314	2,170		(460)
Reclassification adjustment for securities gains (pre-tax $(2), $(64), $(656), and $(73), respectively)	(1)	(41)	(420)		(47)
Reclassification adjustment for impairment charge (pre-tax $2, $-, $7, and $3, respectively)	1		4		2
Net unrealized gains (losses) on securities	(693)	273	1,754		(505)
Net unrealized holding losses on securities transferred from available-for-sale to held-to-maturity:
Amortization of net unrealized holding losses to income during the period (pre-tax $38, $25, $133, and $128, respectively)	24	16	85		82
Net current-period other comprehensive income	(669)	289	1,839	[1]	(423)	[1]
Total comprehensive income	$ 671	$ 871	$ 5,287		$ 1,220
[1]	All amounts are net of tax. Amounts in parentheses indicate reductions to other comprehensive income.

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Unrealized gain (loss) on securities, pre-tax	$ (1,082)	$ 490	$ 3,386	$ (718)
Reclassification adjustment for securities gains, pre-tax	(2)	(64)	(656)	(73)
Reclassification adjustment for impairment charge, pre-tax	2		7	3
Amortization of net unrealized holding losses to income during the period, pre-tax	$ 38	$ 25	$ 133	$ 128

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities
Net income	$ 3,448,000	$ 1,643,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for loan losses	1,557,000
Write down of other real estate owned	521,000	298,000
Depreciation and amortization	2,816,000	2,126,000
Stock based compensation	562,000	441,000
Gain on sale of investment securities	(656,000)	(73,000)
Impairment charges on investment securities	7,000	3,000
Amortization of premiums on investment securities	1,172,000	635,000
Accretion of discounts on retained SBA loans	(1,057,000)	(754,000)
Fair value adjustments on SBA servicing assets	894,000	597,000
Proceeds from sales of SBA loans originated for sale	48,031,000	27,999,000
SBA loans originated for sale	(43,016,000)	(24,128,000)
Gains on sales of SBA loans originated for sale	(4,212,000)	(2,684,000)
Proceeds from sales of mortgage loans originated for sale	79,029,000
Mortgage loans originated for sale	(82,240,000)
Gains on sales of mortgage loans originated for sale	(2,783,000)
Amortization of intangible assets	17,000
Increase in accrued interest receivable and other assets	(704,000)	(3,302,000)
Decrease in accrued interest payable and other liabilities	(396,000)	(712,000)
Net cash provided by operating activities	2,990,000	2,089,000
Cash flows from investing activities
Purchase of investment securities available for sale	(117,812,000)	(57,807,000)
Purchase of investment securities held to maturity	(69,792,000)	(85,246,000)
Proceeds from the sale of securities available for sale	78,582,000	6,672,000
Proceeds from the paydowns, maturity, or call of securities available for sale	26,295,000	26,397,000
Proceeds from the paydowns, maturity, or call of securities held to maturity	21,106,000	12,768,000
Redemption (purchase) of restricted stock	1,693,000	(22,000)
Net increase in loans	(70,006,000)	(77,027,000)
Net proceeds from sale of other real estate owned	1,387,000	792,000
Net cash paid in acquisition	(5,913,000)
Premises and equipment expenditures	(12,122,000)	(12,190,000)
Net cash used in investing activities	(146,582,000)	(185,663,000)
Cash flows from financing activities
Net proceeds from exercise of stock options	226,271	1,345
Net increase in demand, money market and savings deposits	291,385,000	165,565,000
Net increase (decrease) in time deposits	41,549,000	(299,000)
Decrease in short-term borrowings	(66,666,000)
Net cash provided by financing activities	266,494,000	165,267,000
Net increase (decrease) in cash and cash equivalents	122,902,000	(18,307,000)
Cash and cash equivalents, beginning of year	27,139,000	128,826,000
Cash and cash equivalents, end of period	150,041,000	110,519,000
Supplemental disclosures
Interest paid	5,011,000	3,944,000
Income taxes paid	90,000
Non-cash transfers from loans to other real estate owned	$ 616,000	$ 11,148,000

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)		Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Deferred Compensation, Share-based Payments [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Dec. 31, 2014		$ 383,000	$ 152,234,000	$ (35,266,000)	$ (3,725,000)	$ (183,000)	$ (632,000)	$ 112,811,000
Net income				1,643,000				1,643,000
Other comprehensive income (loss), net of tax							(423,000)	(423,000)	[1]
Stock based compensation			441,000					441,000
Options exercised			1,000					1,000
Balance at Sep. 30, 2015		383,000	152,676,000	(33,623,000)	(3,725,000)	(183,000)	(1,055,000)	114,473,000
Balance at Dec. 31, 2014		383,000	152,234,000	(35,266,000)	(3,725,000)	(183,000)	(632,000)	112,811,000
Other comprehensive income (loss), net of tax	[1]							(2,533,000)
Balance at Dec. 31, 2015		384,000	152,897,000	(32,833,000)	(3,725,000)	(183,000)	(3,165,000)	113,375,000
Net income				3,448,000				3,448,000
Other comprehensive income (loss), net of tax							1,839,000	1,839,000	[1]
Stock based compensation			764,000					764,000
Options exercised			226,000					226,000
Balance at Sep. 30, 2016		$ 384,000	$ 153,887,000	$ (29,385,000)	$ (3,725,000)	$ (183,000)	$ (1,326,000)	$ 119,652,000
[1]	All amounts are net of tax. Amounts in parentheses indicate reductions to other comprehensive income.

Consolidated Statements of Cha9

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - shares	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Common Stock [Member]
Options exercised (in shares)	80,375	500
Options exercised (in shares)	80,375	500

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note 1: Basis of Presentation Republic First Bancorp, Inc. (the “Company”) is a one-bank holding company organized and incorporated under the laws of the Commonwealth of Pennsylvania. It is comprised of one wholly-owned subsidiary, Republic First Bank, which does business under the name of Republic Bank (“Republic”). Republic is a Pennsylvania state chartered bank that offers a variety of banking services to individuals and businesses throughout the Greater Philadelphia and South Jersey area through its offices and store locations in Philadelphia, Montgomery, Delaware, Camden, Burlington, and Gloucester Counties. On July 26, 2016, Republic entered into an agreement (the “Purchase Agreement”) with the owners (the “Sellers”) of Oak Mortgage Company LLC (“Oak Mortgage”), pursuant to which the Sellers agreed to sell to Republic all of the issued and outstanding limited liability company interests of Oak Mortgage. The transaction closed on July 28, 2016, and, as a result, Oak Mortgage became a wholly owned subsidiary of Republic on that date. Oak Mortgage is headquartered in Marlton, NJ and is licensed to do business in Pennsylvania, Delaware, New Jersey, and Florida. The Company also has three unconsolidated subsidiaries, which are statutory trusts established by the Company in connection with its sponsorship of three separate issuances of trust preferred securities. The Company and Republic encounter vigorous competition for market share in the geographic areas they serve from bank holding companies, national, regional and other community banks, thrift institutions, credit unions and other non-bank financial organizations, such as mutual fund companies, insurance companies and brokerage companies. The Company and Republic are subject to federal and state regulations governing virtually all aspects of their activities, including but not limited to, lines of business, liquidity, investments, the payment of dividends and others. Such regulations and the cost of adherence to such regulations can have a significant impact on earnings and financial condition. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Republic. The Company follows accounting standards set by the Financial Accounting Standards Board (“FASB”). The FASB sets accounting principles generally accepted in the United States of America (“US GAAP”) that are followed to ensure consistent reporting of financial condition, results of operations, and cash flows. All material inter-company transactions have been eliminated. Events occurring subsequent to the date of the balance sheet have been evaluated for potential recognition or disclosure in the consolidated financial statements. The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to United States Securities and Exchange Commission (“SEC”) Form 10-Q and Article 10 of SEC Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for financial statements for a complete fiscal year. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and nine month periods ended September 30, 2016 are not necessarily indicative of the results that may be expected for the year ending December 31, 2016.

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Note 2: Summary of Significant Accounting Policies Risks and Uncertainties The earnings of the Company depend primarily on the earnings of Republic. The earnings of Republic are dependent primarily upon the level of net interest income, which is the difference between interest earned on its interest-earning assets, such as loans and investments, and the interest paid on its interest-bearing liabilities, such as deposits and borrowings. Accordingly, the Company’s results of operations are subject to risks and uncertainties surrounding Republic’s exposure to changes in the interest rate environment. Prepayments on residential real estate mortgage and other fixed rate loans and mortgage-backed securities vary significantly and may cause significant fluctuations in interest margins. Mortgage Banking Activities and Mortgage Loans Held for Sale Loans held for sale are originated and held until sold to permanent investors. On July 28, 2016, management elected to adopt the fair value option in accordance with FASB Accounting Standards Codification (“ASC”) 820, Fair Value Measurements and Disclosures Loans held for sale originated on or subsequent to the election of the fair value option, are recorded on the balance sheet at fair value. The fair value is determined on a recurring basis by utilizing quoted prices from dealers in such securities. Gains and losses on loan sales are recorded in non-interest income and direct loan origination costs are recognized when incurred and are included in non-interest expense in the statements of income. Interest Rate Lock Commitments Mortgage loan commitments known as interest rate locks that relate to the origination of a mortgage that will be held for sale upon funding are considered derivative instruments under the derivatives and hedging accounting guidance FASB ASC 815, Derivatives and Hedging Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make significant estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates are made by management in determining the allowance for loan losses, carrying values of other real estate owned, assessment of other than temporary impairment (“OTTI”) of investment securities, fair value of financial instruments, (see “Note 7” below), the value of assets acquired and liabilities assumed in business combinations, and the realization of deferred income tax assets. Consideration is given to a variety of factors in establishing these estimates. In estimating the allowance for loan losses, management considers current economic conditions, past loss experience, diversification of the loan portfolio, delinquency statistics, results of internal loan reviews and regulatory examinations, borrowers’ perceived financial and managerial strengths, the adequacy of underlying collateral, if collateral dependent, or present value of future cash flows, and other relevant and qualitative risk factors. Subsequent to foreclosure, an estimate for the carrying value of other real estate owned is normally determined through valuations that are periodically performed by management and the assets are carried at the lower of carrying amount or fair value, less the cost to sell. Because the allowance for loan losses and carrying value of other real estate owned are dependent, to a great extent, on the general economy and other conditions that may be beyond the Company’s and Republic’s control, the estimates of the allowance for loan losses and the carrying values of other real estate owned could differ materially in the near term. In estimating OTTI of investment securities, securities are evaluated on at least a quarterly basis and more frequently when market conditions warrant such an evaluation, to determine whether a decline in their value is other-than-temporary. To determine whether a loss in value is other-than-temporary, management utilizes criteria such as the reasons underlying the decline, the magnitude and duration of the decline, the intent to hold the security and the likelihood of the Company not being required to sell the security prior to an anticipated recovery in the fair value. The term “other-than-temporary” is not intended to indicate that the decline is permanent, but indicates that the prospect for a near-term recovery of value is not necessarily favorable, or that there is a lack of evidence to support a realizable value equal to or greater than the carrying value of investment. Once a decline in value is determined to be other-than-temporary, the portion of the decline related to credit impairment is charged to earnings. In evaluating the Company’s ability to recover deferred tax assets, management considers all available positive and negative evidence, including the past operating results and forecasts of future taxable income. In determining future taxable income, management makes assumptions for the amount of taxable income, the reversal of temporary differences and the implementation of feasible and prudent tax planning strategies. These assumptions require management to make judgments about the future taxable income and are consistent with the plans and estimates used to manage the business. Any reduction in estimated future taxable income may require management to record a valuation allowance against the deferred tax assets. An increase in the valuation allowance would result in additional income tax expense in the period and could have a significant impact on future earnings. Stock-Based Compensation The Company has a Stock Option and Restricted Stock Plan (“the 2005 Plan”), under which the Company granted options, restricted stock or stock appreciation rights to the Company’s employees, directors, and certain consultants. The 2005 Plan became effective on November 14, 1995, and was amended and approved at the Company’s 2005 annual meeting of shareholders. Under the terms of the 2005 Plan, 1.5 million shares of common stock, plus an annual increase equal to the number of shares needed to restore the maximum number of shares that could be available for grant under the 2005 Plan to 1.5 million shares, were available for such grants. As of September 30, 2016, the only grants under the 2005 Plan were option grants. The 2005 Plan provided that the exercise price of each option granted equaled the market price of the Company’s stock on the date of the grant. Options granted pursuant to the 2005 Plan vest within one to four years and have a maximum term of 10 years. The 2005 Plan terminated on November 14, 2015 in accordance with the terms and conditions specified in the Plan agreement. On April 29, 2014 the Company’s shareholders approved the 2014 Republic First Bancorp, Inc. Equity Incentive Plan (the “2014 Plan”), under which the Company may grant options, restricted stock, stock units, or stock appreciation rights to the Company’s employees, directors, independent contractors, and consultants. Under the terms of the 2014 Plan, 2.6 million shares of common stock, plus an annual adjustment to be no less than 10% of the outstanding shares or such lower number as the Board of Directors may determine, are available for such grants. At September 30, 2016, the maximum number of shares of common shares issuable under the 2014 Plan was 4.0 million. During the nine months ended September 30, 2016, 653,250 options were granted under the 2014 Plan with a weighted average grant date fair value of $1,174,320. The Company utilizes the Black-Scholes option pricing model to calculate the estimated fair value of each stock option granted on the date of the grant. A summary of the assumptions used in the Black-Scholes option pricing model for 2016 and 2015 are as follows: 201 6 201 5 Dividend yield (1) 0.0% 0.0% Expected volatility (2) 46.38% to 52.54% 53.78% to 56.00% Risk-free interest rate (3) 1.23% to 1.82% 1.49% to 2.00% Expected life (4) (years) 5.5 to 7.0 5.5 to 7.0 Assumed forfeiture rate 10.0% 19.0% (1) A dividend yield of 0.0% is utilized because cash dividends have never been paid. (2) Expected volatility is based on Bloomberg’s five and one-half to seven year volatility calculation for “FRBK” stock. (3) The risk-free interest rate is based on the five to seven year Treasury bond. (4) The expected life reflects a 1 to 4 year vesting period, the maximum ten year term and review of historical behavior. During the nine months ended September 30, 2016 and 2015, 487,550 options and 349,062 options vested, respectively. Expense is recognized ratably over the period required to vest. At September 30, 2016, the intrinsic value of the 2,480,550 options outstanding was $1,652,149, while the intrinsic value of the 1,164,074 exercisable (vested) options was $1,081,116. During the nine months ended September 30, 2016, 80,375 options were exercised with cash received of $226,271 and 38,550 options were forfeited with a weighted average grant date fair value of $55,920. During the nine months ended September 30, 2015, 500 options were exercised with cash received of $1,345 and 16,369 options were forfeited with a weighted average grant date fair value of $21,331. Information regarding stock based compensation for the nine months ended September 30, 2016 and 2015 is set forth below: September 30, 2016 September 30, 2015 Stock based compensation expense recognized $ 764,000 $ 441,000 Number of unvested stock options 1,316,476 1,185,151 Fair value of unvested stock options $ 2,608,986 $ 1,908,205 Amount remaining to be recognized as expense $ 1,284,071 $ 1,034,337 The remaining amount of $1,284,071 will be recognized as expense through February 2020. Earnings per Share Earnings per share (“EPS”) consist of two separate components: basic EPS and diluted EPS. Basic EPS is computed by dividing net income by the weighted average number of common shares outstanding for each period presented. Diluted EPS is calculated by dividing net income by the weighted average number of common shares outstanding plus dilutive common stock equivalents (“CSEs”). CSEs consist of dilutive stock options granted through the Company’s stock option plans and convertible securities related to the trust preferred securities issued in 2008. In the diluted EPS computation, the after tax interest expense on the trust preferred securities issuance is added back to net income. For the three and nine months ended September 30, 2016 and 2015, the effect of CSEs (convertible securities related to the trust preferred securities only) and the related add back of after tax interest expense was considered anti-dilutive and therefore was not included in the EPS calculations. The calculation of EPS for the three and nine months ended September 30, 2016 and 2015 is as follows (in thousands, except per share amounts): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Net income (basic and diluted) $ 1,340 $ 582 $ 3,448 $ 1,643 Weighted average shares outstanding 37,916 37,816 37,879 37,816 Net income per share – basic $ 0.04 $ 0.02 $ 0.09 $ 0.04 Weighted average shares outstanding (including dilutive CSEs) 38,375 38,064 38,355 38,052 Net income per share – diluted $ 0.03 $ 0.02 $ 0.09 $ 0.04 The following is a summary of securities that could potentially dilute basic earnings per common share in future periods that were not included in the computation of diluted earnings per common share because to do so would have been anti-dilutive for the periods presented. (in thousands) Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Anti-dilutive securities Share based compensation awards 2,022 1,735 2,005 1,747 Convertible securities 1,662 1,662 1,662 1,662 Total anti-dilutive securities 3,684 3,397 3,667 3,409 R ASU 2014-04 In January 2014, the FASB issued ASU 2014-04, “Receivables – Troubled Debt Restructuring by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans Upon Foreclosure – a consensus of the FASB Emerging Issues Task Force.” The guidance clarifies when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan should be derecognized and the real estate property recognized. For public business entities, the ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. For entities other than public business entities, the ASU was effective for annual periods beginning after December 15, 2014, and interim periods within annual periods beginning after December 15, 2015. The adoption of ASU 2014-04 did not have a material effect on the Company’s consolidated financial statements. ASU 2014-09 In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 660): Summary and Amendments that Create Revenue from Contracts with Customers (Topic 606) and Other Assets and Deferred Costs – Contracts with Customers (Subtopic 340-40).” The purpose of this guidance is to clarify the principles for recognizing revenue. The guidance in this update supersedes the revenue recognition requirements in ASC Topic 605, Revenue Recognition, and most industry-specific guidance throughout the industry topics of the codification. For public companies, early adoption of the update will be effective for interim and annual periods beginning after December 15, 2016. For public companies that elect to defer the update, adoption will be effective for interim and annual periods beginning after December 15, 2017. The Company is currently assessing the impact that this guidance will have on its consolidated financial statements, but does not expect a material impact. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with The Company (Topic 606): Deferral of the Effective Date ASU 2014-14 ASU 2015-14 In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers: Deferral of the Effective Date. The guidance in this ASU is now effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. The Company does not expect this ASU to have a significant impact on its financial condition or results of operations. ASU 2015-1 6 In September 2015, the FASB issued ASU 2015-16, Simplifying the Accounting for Measurement-Period Adjustments. To simplify the accounting for adjustments made to provisional amounts recognized in a business combination, the guidance in this ASU eliminates the requirement to retrospectively account for those adjustments and requires an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The guidance in this ASU was effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years and should be applied prospectively to adjustment to provisional amounts that occur after the effective date of this ASU. The adoption of this ASU did not have an impact on the Company’s financial condition or results of operations. ASU 2016-01 In January 2016, the FASB issued Accounting Standards Update ("ASU") No. 2016-01, Financial Instruments - Overall. ASU 2016-0 2 In February 2016, the FASB issued Accounting Standards Update ("ASU") No. 2016-02, Leases. ASU 2016-09 In March 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-09, Compensation – Stock Compensation: Improvements to Employee Share-Based Payment Accounting. ASU 2016-09 will amend current guidance such that all excess tax benefits and tax deficiencies related to share-based payment awards will be recognized as income tax expense or benefit in the income statement during the period in which they occur. Additionally, excess tax benefits will be classified along with other income tax cash flows as an operating activity rather than a financing activity. ASU 2016-09 also provides that any entity can make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest, which is the current requirement, or account for forfeitures when they occur. ASU 2016-09 will be effective January 1, 2017 and is not expected to have a significant impact on our financial statements. ASU 2016-13 In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The ASU requires an organization to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Additionally, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. For the Company, this update will be effective for interim and annual periods beginning after December 15, 2019. The Company has not yet determined the impact the adoption of ASU 2016-13 will have on the consolidated financial statements. ASU 2016-15 In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230). The ASU addresses classification of certain cash receipts and cash payments in the statement of cash flows. The new guidance is effective on January 1, 2018, on a retrospective basis, with early adoption permitted. This new accounting guidance will result in some changes in classification in the Consolidated Statement of Cash Flows, which the Company does not expect will be significant, and will not have any impact on the consolidated financial statements.

Note 3 - Legal Proceedings

Note 3 - Legal Proceedings	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	Note 3: Legal Proceedings The Company and Republic are from time to time parties (plaintiff or defendant) to lawsuits in the normal course of business. While any litigation involves an element of uncertainty, management is of the opinion that the liability of the Company and Republic, if any, resulting from such actions will not have a material effect on the financial condition or results of operations of the Company and Republic.

Note 4 - Segment Reporting

Note 4 - Segment Reporting	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 4: Segment Reporting

Note 5 - Investment Securities

Note 5 - Investment Securities	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 5 : Investment Securities A summary of the amortized cost and market value of securities available for sale and securities held to maturity at September 30, 2016 and December 31, 2015 is as follows: At September 3 0 , 201 6 (dollars in thousands) Amortized Cost Gross Gross Fair Value Collateralized mortgage obligations $ 199,622 $ 1,414 $ (640 ) $ 200,396 Agency mortgage-backed securities 11,632 73 (19 ) 11,686 Municipal securities 23,383 1,067 (8 ) 24,442 Corporate bonds 46,737 32 (1,341 ) 45,428 Asset-backed securities 16,183 - (466 ) 15,717 Trust preferred securities 3,063 - (1,372 ) 1,691 Other securities 25 - - 25 Total securities available for sale $ 300,645 $ 2,586 $ (3,846 ) $ 299,385 U.S. Government agencies $ 28,468 $ 310 $ (58 ) $ 28,720 Collateralized mortgage obligations 155,098 2,396 (219 ) 157,275 Agency mortgage-backed securities 35,884 348 - 36,232 Other securities 1,020 - - 1,020 Total securities held to maturity $ 220,470 $ 3,054 $ (277 ) $ 223,247 At December 31, 201 5 (dollars in thousands) Amortized Gross Gross Fair Value Collateralized mortgage obligations $ 180,795 $ 523 $ (3,173 ) $ 178,145 Agency mortgage-backed securities 10,073 176 (78 ) 10,171 Municipal securities 22,814 562 (32 ) 23,344 Corporate bonds 54,294 135 (300 ) 54,129 Asset-backed securities 17,631 - (626 ) 17,005 Trust preferred securities 3,070 - (1,187 ) 1,883 Other securities 115 3 - 118 Total securities available for sale $ 288,792 $ 1,399 $ (5,396 ) $ 284,795 U.S. Government agencies $ 17,067 $ 39 $ (72 ) $ 17,034 Collateralized mortgage obligations 146,458 402 (780 ) 146,080 Agency mortgage-backed securities 7,732 - (21 ) 7,711 Other securities 1,020 - - 1,020 Total securities held to maturity $ 172,277 $ 441 $ (873 ) $ 171,845 The following table presents investment securities by stated maturity at September 30, 2016. Collateralized mortgage obligations and agency mortgage-backed securities have expected maturities that differ from contractual maturities because borrowers have the right to call or prepay and, therefore, these securities are classified separately with no specific maturity date. Available for Sale Held to Maturity (dollars in thousands) Amortized Fair Value Amortized Fair Value Due in 1 year or less $ 675 $ 677 $ - $ - After 1 year to 5 years 12,096 12,260 4,651 4,640 After 5 years to 10 years 53,126 51,671 24,837 25,100 After 10 years 23,494 22,695 - - Collateralized mortgage obligations 199,622 200,396 155,098 157,275 Agency mortgage-backed securities 11,632 11,686 35,884 36,232 Total $ 300,645 $ 299,385 $ 220,470 $ 223,247 Expected maturities will differ from contractual maturities because borrowers have the right to call or prepay obligations with or without prepayment penalties. The Company’s investment securities portfolio consists primarily of debt securities issued by U.S. government agencies, U.S. government-sponsored agencies, state governments, local municipalities and certain corporate entities. There were no private label mortgage-backed securities (“MBS”) or collateralized mortgage obligations (“CMO”) held in the investment securities portfolio as of September 30, 2016 and December 31, 2015. There were also no MBS or CMO securities that were rated “Alt-A” or “sub-prime” as of those dates. The fair value of investment securities is impacted by interest rates, credit spreads, market volatility and liquidity conditions. Net unrealized gains and losses in the available for sale portfolio are included in shareholders’ equity as a component of accumulated other comprehensive income or loss, net of tax. Securities classified as held to maturity are carried at amortized cost. An unrealized loss exists when the current fair value of an individual security is less than the amortized cost basis. The Company regularly evaluates investment securities that are in an unrealized loss position in order to determine if the decline in fair value is other than temporary. Factors considered in the evaluation include the current economic climate, the length of time and the extent to which the fair value has been below cost, the current interest rate environment and the rating of each security. An other-than-temporary impairment (“OTTI”) loss must be recognized for a debt security in an unrealized loss position if the Company intends to sell the security or it is more likely than not that it will be required to sell the security prior to recovery of the amortized cost basis. The amount of OTTI loss recognized is equal to the difference between the fair value and the amortized cost basis of the security that is attributed to credit deterioration. Accounting standards require the evaluation of the expected cash flows to be received to determine if a credit loss has occurred. In the event of a credit loss, that amount must be recognized against income in the current period. The portion of the unrealized loss related to other factors, such as liquidity conditions in the market or the current interest rate environment, is recorded in accumulated other comprehensive income (loss) for investment securities classified available for sale. Impairment charges (credit losses) on trust preferred securities for the three month period ended September 30, 2016 amounted to $2,000. No impairment charges were incurred on trust preferred securities during the three month period September 30, 2015. Impairment charges on trust preferred securities for the nine month period ended September 30, 2016 and 2015 amounted to $7,000 and $3,000, respectively. The following table presents a roll-forward of the balance of credit-related impairment losses on securities held for the three and nine months ended September 30, 2016 and 2015 for which a portion of OTTI was recognized in other comprehensive income: Three Months Ended September 30, (dollars in thousands) 201 6 201 5 Beginning Balance, July 1 st $ 935 $ 1,400 Additional credit-related impairment loss on securities for which an other-than-temporary impairment was previously recognized 2 - Reductions for securities paid off during the period - - Reductions for securities sold during the period - (470 ) Reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the Company intends to sell the security - - Ending Balance, September 30 th $ 937 $ 930 Nine Months Ended September 30, (dollars in thousands) 2016 2015 Beginning Balance, January 1 st $ 930 $ 3,966 Additional credit-related impairment loss on securities for which an other-than-temporary impairment was previously recognized 7 3 Reductions for securities paid off during the period - - Reductions for securities sold during the period - (3,039 ) Reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the Company intends to sell the security - - Ending Balance, September 30 th $ 937 $ 930 The following tables show the fair value and gross unrealized losses associated with the investment portfolio, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position in the available for sale and held to maturity section: At September 30, 2016 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Collateralized mortgage obligations $ 76,185 $ 573 $ 8,199 $ 67 $ 84,384 $ 640 Agency mortgage-backed securities 2,584 14 3,432 5 6,016 19 Municipal securities 486 8 - - 486 8 Corporate bonds 28,859 1,142 10,796 199 39,655 1,341 Asset backed securities - - 15,717 466 15,717 466 Trust preferred securities - - 1,691 1,372 1,691 1,372 Total Available for Sale $ 108,114 $ 1,737 $ 39,835 $ 2,109 $ 147,949 $ 3,846 At September 30, 2016 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Government agencies $ 7,067 $ 47 $ 3,621 $ 11 $ 10,688 $ 58 Collateralized mortgage obligations 26,469 219 - - 26,469 219 Total Held to Maturity $ 33,536 $ 266 $ 3,621 $ 11 $ 37,157 $ 277 At December 31 , 201 5 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Collateralized mortgage obligations $ 116,161 $ 3,173 $ - $ - $ 116,161 $ 3,173 Agency mortgage-backed securities 2,389 14 5,502 64 7,891 78 Municipal securities 886 15 1,814 17 2,700 32 Corporate bonds 9,583 258 2,952 42 12,535 300 Asset backed securities 17,005 626 - - 17,005 626 Trust preferred securities - - 1,883 1,187 1,883 1,187 Total Available for Sale $ 146,024 $ 4,086 $ 12,151 $ 1,310 $ 158,175 $ 5,396 At December 31 , 201 5 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Government agencies $ 11,954 $ 72 $ - $ - $ 11,954 $ 72 Collateralized mortgage obligations 68,888 732 15,956 48 84,844 780 Agency mortgage-backed securities 7,711 21 - - 7,711 21 Total Held to Maturity $ 88,553 $ 825 $ 15,956 $ 48 $ 104,509 $ 873 Unrealized losses on securities in the investment portfolio amounted to $4.1 million with a total fair value of $185.1 million as of September 30, 2016 compared to unrealized losses of $6.3 million with a total fair value of $262.7 million as of December 31, 2015. The Company believes the unrealized losses presented in the tables above are temporary in nature and primarily related to market interest rates or limited trading activity in particular type of security rather than the underlying credit quality of the issuers. The Company does not believe that these losses are other than temporary and does not currently intend to sell or believe it will be required to sell securities in an unrealized loss position prior to maturity or recovery of the amortized cost bases. The Company held three U.S. Government agency securities, nineteen collateralized mortgage obligations and three agency mortgage-backed securities that were in an unrealized loss position at September 30, 2016. Principal and interest payments of the underlying collateral for each of these securities are backed by U.S. Government sponsored agencies and carry minimal credit risk. Management found no evidence of OTTI on any of these securities and believes the unrealized losses are due to fluctuations in fair values resulting from changes in market interest rates and are considered temporary as of September 30, 2016. All municipal securities held in the investment portfolio are reviewed on least a quarterly basis for impairment. Each bond carries an investment grade rating by either Moody’s or Standard & Poor’s. In addition, the Company periodically conducts its own independent review on each issuer to ensure the financial stability of the municipal entity. The largest geographic concentration was in Pennsylvania and New Jersey and consisted of either general obligation or revenue bonds backed by the taxing power of the issuing municipality. At September 30, 2016, one municipal security was in an unrealized loss position. At September 30, 2016, the investment portfolio included two asset-backed securities that were in an unrealized loss position. The asset-backed securities held in the investment securities portfolio consist solely of Sallie Mae bonds, collateralized by student loans which are guaranteed by the U.S. Department of Education. Management believes the unrealized losses on these securities were driven by changes in market interest rates and not a result of credit deterioration. At September 30, 2016, the investment portfolio included six corporate bonds that were in an unrealized loss position. Management believes the unrealized losses on these securities were also driven by changes in market interest rates and not a result of credit deterioration. The unrealized losses on the trust preferred securities are primarily the result of the secondary market for such securities becoming inactive and are also considered temporary at this time. The following table provides additional detail about the trust preferred securities held in the portfolio as of September 30, 2016. (dollars in thousands) Class / Amortized Fair Value Unrealized Losses Lowest Credit Number of Deferrals / Defaults Cumulative TPREF Funding II Class B Notes $ 725 $ 377 $ (348 ) C 19 37 % 0.42 % $ 274 TPREF Funding III Class B2 Notes 1,518 804 (714 ) C 15 32 0.43 483 ALESCO Preferred Funding V Class C1 Notes 820 510 (310 ) C 42 14 0.41 180 Total $ 3,063 $ 1,691 $ (1,372 ) 76 27 % $ 937 There were no proceeds from the sale of investment securities during the three months ended September 30, 2016. Proceeds from the sale of investment securities during the nine months ended September 30, 2016 was $78.6 million. Gross gains of $680,000 and gross losses of $24,000 were realized on these sales. The tax provision applicable to the net gains for the nine months ended September 30, 2016 was $235,000. Proceeds from the sale of investment securities during the three months ended September 30, 2015 were $2.6 million. Gross gains of $206,000 and gross losses of $142,000 were realized on these sales. The tax provision applicable to the net gains for the three months ended September 30, 2015 amounted to $23,000. Proceeds from the sale of investment securities during the nine months ended September 30, 2015 were $6.7 million. Gross gains of $361,000 and gross losses of $288,000 were realized on these sales. The tax provision applicable to the net gains for the nine months ended September 30, 2015 amounted to $26,000.

Note 6 - Loans Receivable and A

Note 6 - Loans Receivable and Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 6 : Loans Receivable and Allowance for Loan Losses The following table sets forth the Company’s gross loans by major categories as of September 30, 2016 and December 31, 2015: (dollars in thousands) September 30, 2016 December 31, 2015 Commercial real estate $ 376,466 $ 349,726 Construction and land development 48,983 46,547 Commercial and industrial 186,126 181,850 Owner occupied real estate 268,435 246,398 Consumer and other 58,580 48,126 Residential mortgage 6,909 2,380 Total loans receivable 945,499 875,027 Deferred costs (fees) 42 (258 ) Allowance for loan losses (9,453 ) (8,703 ) Net loans receivable $ 936,088 $ 866,066 The Company disaggregates its loan portfolio into groups of loans with similar risk characteristics for purposes of estimating the allowance for loan losses. The Company’s loan groups include commercial real estate, construction and land development, commercial and industrial, owner occupied real estate, consumer, and residential mortgages. The loan groups are also considered classes for purposes of monitoring and assessing credit quality based on certain risk characteristics. A loan is considered impaired, when based on current information and events, it is probable that the Company will be unable to collect all amounts due from the borrower in accordance with the contractual terms of the loan. Impaired loans include nonperforming loans, but also include internally classified accruing loans. The following table summarizes information with regard to impaired loans by loan portfolio class as of September 30, 2016 and December 31, 2015: September 3 0 , 2016 December 31, 2015 (dollars in thousands) Recorded Unpaid Related Recorded Unpaid Related With no related allowance recorded: Commercial real estate $ 12,305 $ 12,307 $ - $ 11,692 $ 11,730 $ - Construction and land development - - - 117 2,208 - Commercial and industrial 1,515 2,648 - 2,381 3,683 - Owner occupied real estate 672 685 - 507 507 - Consumer and other 1,092 1,400 - 800 1,084 - Total $ 15,584 $ 17,040 $ - $ 15,497 $ 19,212 $ - With an allowance recorded: Commercial real estate $ 7,165 $ 7,179 $ 1,290 $ 511 $ 511 $ 47 Construction and land development 56 2,050 56 - - - Commercial and industrial 3,719 6,385 1,799 3,112 5,779 1,111 Owner occupied real estate 1,859 1,860 544 2,862 2,876 1,059 Consumer and other 292 293 71 147 147 21 Total $ 13,091 $ 17,767 $ 3,760 $ 6,632 $ 9,313 $ 2,238 Total: Commercial real estate $ 19.470 $ 19,486 $ 1,290 $ 12,203 $ 12,241 $ 47 Construction and land development 56 2,050 56 117 2,208 - Commercial and industrial 5,234 9,033 1,799 5,493 9,462 1,111 Owner occupied real estate 2,531 2,545 544 3,369 3,383 1,059 Consumer and other 1,384 1,693 71 947 1,231 21 Total $ 28,675 $ 34,807 $ 3,760 $ 22,129 $ 28,525 $ 2,238 The following table presents additional information regarding the Company’s impaired loans for the three months ended September 30, 2016 and September 30, 2015: Three Months Ended September 30, 201 6 201 5 (dollars in thousands) Average Recorded Interest Average Interest With no related allowance recorded: Commercial real estate $ 12,188 $ 65 $ 13,923 $ 73 Construction and land development 22 - 328 2 Commercial and industrial 1,611 9 2,459 16 Owner occupied real estate 665 3 589 1 Consumer and other 1,027 5 754 3 Total $ 15,513 $ 82 $ 18,053 $ 95 With an allowance recorded: Commercial real estate $ 6,058 $ 19 $ 2,479 $ 3 Construction and land development 43 - 62 - Commercial and industrial 3,607 18 3,776 12 Owner occupied real estate 1,977 9 3,293 27 Consumer and other 278 2 111 1 Total $ 11,963 $ 48 $ 9,721 $ 43 Total: Commercial real estate $ 18,246 $ 84 $ 16,402 $ 76 Construction and land development 65 - 390 2 Commercial and industrial 5,218 27 6,235 28 Owner occupied real estate 2,642 12 3,882 28 Consumer and other 1,305 7 865 4 Total $ 27,476 $ 130 $ 27,774 $ 138 The following table presents additional information regarding the Company’s impaired loans for the nine months ended September 30, 2016 and September 30, 2015: Nine Months Ended September 30, 201 6 201 5 (dollars in thousands) Average Interest Average Interest With no related allowance recorded: Commercial real estate $ 11,954 $ 197 $ 13,073 $ 214 Construction and land development 72 - 228 3 Commercial and industrial 1,797 30 3,435 64 Owner occupied real estate 647 6 749 5 Consumer and other 901 11 656 7 Total $ 15,371 $ 244 $ 18,141 $ 293 With an allowance recorded: Commercial real estate $ 3,844 $ 43 $ 6,803 $ 6 Construction and land development 15 - 112 - Commercial and industrial 3,389 56 2,456 12 Owner occupied real estate 2,205 23 3,837 90 Consumer and other 252 7 37 1 Total $ 9,705 $ 129 $ 13,245 $ 109 Total: Commercial real estate $ 15,798 $ 240 $ 19,876 $ 220 Construction and land development 87 - 340 3 Commercial and industrial 5,186 86 5,891 76 Owner occupied real estate 2,852 29 4,586 95 Consumer and other 1,153 18 693 8 Total $ 25,076 $ 373 $ 31,386 $ 402 The following tables provide the activity in and ending balances of the allowance for loan losses by loan portfolio class at and for the three and nine months ended September 30, 2016 and 2015: (dollars in thousands) Commercial Construction Commercial Owner Consumer Residential Mortgage Unallocated Total Three months ended September 30, 201 6 Allowance for loan losses: Beginning balance: $ 3,293 $ 365 $ 3,136 $ 1,366 $ 324 $ 11 $ 266 $ 8,761 Charge-offs - (3 ) - - - - - (3 ) Recoveries - - 88 - - - - 88 Provisions (credits) 9 137 (79 ) 251 16 31 242 607 Ending balance $ 3,302 $ 499 $ 3,145 $ 1,617 $ 340 $ 42 $ 508 $ 9,453 Three months ended September 30, 201 5 Allowance for loan losses: Beginning balance: $ 2,707 $ 311 $ 2,823 $ 1,787 $ 251 $ 2 $ 517 $ 8,398 Charge-offs - - - (78 ) - - - (78 ) Recoveries - - 2 - 1 - - 3 Provisions (credits) (79 ) 26 313 19 28 12 (319 ) - Ending balance $ 2,628 $ 337 $ 3,138 $ 1,728 $ 280 $ 14 $ 198 $ 8,323 (dollars in thousands) Commercial Construction Commercial Owner Consumer Residential Mortgage Unallocated Total Nine months ended September 30, 201 6 Allowance for loan losses: Beginning balance: $ 2,393 $ 338 $ 2,932 $ 2,030 $ 295 $ 14 $ 701 $ 8,703 Charge-offs - (3 ) (18 ) (954 ) - - - (975 ) Recoveries 6 - 162 - - - - 168 Provisions (credits) 903 164 69 541 45 28 (193 ) 1,557 Ending balance $ 3,302 $ 499 $ 3,145 $ 1,617 $ 340 $ 42 $ 508 $ 9,453 Nine months ended September 30, 201 5 Allowance for loan losses: Beginning Balance: $ 6,828 $ 917 $ 1,579 $ 1,638 $ 234 $ 2 $ 338 $ 11,536 Charge-offs (2,623 ) (222 ) (325 ) (133 ) - - - (3,303 ) Recoveries 4 5 48 - 33 - - 90 Provisions (credits) (1,581 ) (363 ) 1,836 223 13 12 (140 ) - Ending balance $ 2,628 $ 337 $ 3,138 $ 1,728 $ 280 $ 14 $ 198 $ 8,323 The following tables provide a summary of the allowance for loan losses and balance of loans receivable by loan class and by impairment method as of September 30, 2016 and December 31, 2015: (dollars in thousands) Commercial Construction Commercial Owner Consumer Residential Mortgage Unallocated Total September 30, 201 6 Allowance for loan losses: Individually evaluated for impairment $ 1,290 $ 56 $ 1,799 $ 544 $ 71 $ - $ - $ 3,760 Collectively evaluated for impairment 2,012 443 1,346 1,073 269 42 508 5,693 Total allowance for loan losses $ 3,302 $ 499 $ 3,145 $ 1,617 $ 340 $ 42 $ 508 $ 9,453 Loans receivable: Loans evaluated individually $ 19,470 $ 56 $ 5,234 $ 2,531 $ 1,384 $ - $ - $ 28,675 Loans evaluated collectively 356,996 48,927 180,892 265,904 57,196 6,909 - 916,824 Total loans receivable $ 376,466 $ 48,983 $ 186,126 $ 268,435 $ 58,580 $ 6,909 $ - $ 945,499 (dollars in thousands) Commercial Real Estate Construction and Land Development Commercial and Industrial Owner Occupied Real Estate Consumer and Other Residential Mortgage Unallocated Total December 31, 201 5 Allowance for loan losses: Individually evaluated for impairment $ 47 $ - $ 1,111 $ 1,059 $ 21 $ - $ - $ 2,238 Collectively evaluated for impairment 2,346 338 1,821 971 274 14 701 6,465 Total allowance for loan losses $ 2,393 $ 338 $ 2,932 $ 2,030 $ 295 $ 14 $ 701 $ 8,703 Loans receivable: Loans evaluated individually $ 12,203 $ 117 $ 5,493 $ 3,369 $ 947 $ - $ - $ 22,129 Loans evaluated collectively 337,523 46,430 176,357 243,029 47,179 2,380 - 852,898 Total loans receivable $ 349,726 $ 46,547 $ 181,850 $ 246,398 $ 48,126 $ 2,380 $ - $ 875,027 The performance and credit quality of the loan portfolio is also monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following table presents the classes of the loan portfolio summarized by the past due status as of September 30, 2016 and December 31, 2015: (dollars in thousands) 30-59 Days Past 60-89 Days Past Greater Total Past Due Current Total Loans Loans Receivable > 90 Days and Accruing At September 30 , 201 6 Commercial real estate $ - $ 12 $ 13,280 $ 13,292 $ 363,174 $ 376,466 $ - Construction and land development - - 56 56 48,927 48,983 - Commercial and industrial - 747 3,149 3,896 182,230 186,126 - Owner occupied real estate - - 1,874 1,874 266,561 268,435 - Consumer and other - 22 995 1,017 57,563 58,580 16 Residential mortgage - - 137 137 6,772 6,909 137 Total $ - $ 781 $ 19,491 $ 20,272 $ 925,227 $ 945,499 $ 153 (dollars in thousands) 30-59 Days Past 60-89 Days Past Greater Total Past Due Current Total Loans Loans Receivable > 90 Days and Accruing At December 31, 201 5 Commercial real estate $ - $ 7,657 $ 5,913 $ 13,570 $ 336,156 $ 349,726 $ - Construction and land development - - 117 117 46,430 46,547 - Commercial and industrial 1,661 997 3,156 5,814 176,036 181,850 - Owner occupied real estate 800 469 2,894 4,163 242,235 246,398 - Consumer and other 285 192 542 1,019 47,107 48,126 - Residential mortgage 132 - - 132 2,248 2,380 - Total $ 2,878 $ 9,315 $ 12,622 $ 24,815 $ 850,212 $ 875,027 $ - The following table presents the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of September 30, 2016 and December 31, 2015: (dollars in thousands) Pass Special Mention Substandard Doubtful Total At September 30, 2 016 : Commercial real estate $ 361,806 $ 887 $ 13,773 $ - $ 376,466 Construction and land development 48,927 - 56 - 48,983 Commercial and industrial 180,836 56 3,805 1,429 186,126 Owner occupied real estate 265,904 - 2,531 - 268,435 Consumer and other 57,196 - 1,384 - 58,580 Residential mortgage 6,909 - - - 6,909 Total $ 921,578 $ 943 $ 21,549 $ 1,429 $ 945,499 (dollars in thousands) Pass Special Mention Substandard Doubtful Total At December 31, 2015 : Commercial real estate $ 329,567 $ 7,956 $ 12,203 $ - $ 349,726 Construction and land development 46,430 - 117 - 46,547 Commercial and industrial 176,132 225 4,064 1,429 181,850 Owner occupied real estate 242,560 469 3,369 - 246,398 Consumer and other 47,104 75 947 - 48,126 Residential mortgage 2,380 - - - 2,380 Total $ 844,173 $ 8,725 $ 20,700 $ 1,429 $ 875,027 The following table shows non-accrual loans by class as of September 30, 2016 and December 31, 2015: (dollars in thousands) September 30, 2016 December 31, 2015 Commercial real estate $ 13,280 $ 5,913 Construction and land development 56 117 Commercial and industrial 3,149 3,156 Owner occupied real estate 1,874 2,894 Consumer and other 979 542 Residential mortgage - - Total $ 19,338 $ 12,622 If these loans were performing under their original contractual rate, interest income on such loans would have increased approximately $271,000 and $784,000 for the three and nine months ended September 30, 2016, respectively, and $110,000 and $573,000 for the nine months ended September 30, 2015, respectively. Troubled Debt Restructurings A modification to the contractual terms of a loan which results in a concession to a borrower that is experiencing financial difficulty is classified as a troubled debt restructuring (“TDR”). The concessions made in a TDR are those that would not otherwise be considered for a borrower or collateral with similar risk characteristics. A TDR is typically the result of efforts to minimize potential losses that may be incurred during loan workouts, foreclosure, or repossession of collateral at a time when collateral values are declining. Concessions include a reduction in interest rate below current market rates, a material extension of time to the loan term or amortization period, partial forgiveness of the outstanding principal balance, acceptance of interest only payments for a period of time, or a combination of any of these conditions. The following table summarizes the balance of outstanding TDRs September 30, 2016 and December 31, 2015: (dollars in thousands) Number of Loans Accrual Status Non- Accrual Status Total TDRs September 30, 201 6 Commercial real estate 1 $ 5,697 $ - $ 5,697 Construction and land development - - - - Commercial and industrial 2 234 349 583 Owner occupied real estate - - - - Consumer and other - - - - Residential mortgage - - - - Total 3 $ 5,931 $ 349 $ 6,280 December 31, 201 5 Commercial real estate 1 $ 5,778 $ - $ 5,778 Construction and land development - - - - Commercial and industrial 2 252 935 1,187 Owner occupied real estate 1 - 1,825 1,825 Consumer and other - - - - Residential mortgage - - - - Total 4 $ 6,030 $ 2,760 $ 8,790 All TDRs are considered impaired and are therefore individually evaluated for impairment in the calculation of the allowance for loan losses. Some TDRs may not ultimately result in the full collection of principal and interest as restructured and could lead to potential incremental losses. These potential incremental losses would be factored into the Company’s estimate of the allowance for loan losses. The level of any subsequent defaults will likely be affected by future economic conditions. There were no loan modifications made during the three months ended September 30, 2015 that met the criteria of a TDR. The Company modified one commercial and industrial loan during the nine months ended September 30, 2015. In accordance with the modified terms of the commercial and industrial loan, the Company modified the amortization timeframe and reduced the effective interest rate when compared to the interest rate of the original loan. The company also extended the maturity date of the loan. The loan was unsecured and the Company had elected to carry the loan as a non-accrual loan until a satisfactory performance history was established. The pre-modification balance was $1.2 million and the post modification balance was $1.2 million. A payment of $350,000 was received during the second quarter of 2015 and the remaining $850,000 transitioned to other assets in the fourth quarter of 2015 as the loan was converted to a legal settlement. The balance in other assets at September 30, 2016 is $586,000. There were no loan modifications made during the three and nine months ended September 30, 2016 that met the criteria of a TDR. There were no residential mortgages in the process of foreclosure as of September 30, 2016 and December 31, 2015. Other real estate owned relating to residential real estate was $126,000 and $193,000 at September 30, 2016 and December 31, 2015. After a loan is determined to be a TDR, the Company continues to track its performance under the most recent restructured terms. There were no TDRs that subsequently defaulted during the three and nine months ended September 30, 2016. There was one TDR that subsequently defaulted during the fourth quarter of the year ended December 31, 2015. A partial writedown and payoff were recorded on this loan during the nine months ended September 30, 2016.

Note 7 - Fair Value of Financia

Note 7 - Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 7 : Fair Value of Financial Instruments Management uses its best judgment in estimating the fair value of the Company’s financial instruments, however, there are inherent weaknesses in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates herein are not necessarily indicative of the amounts the Company could have realized in a sale transaction on the dates indicated. The estimated fair value amounts have been measured as of their respective year-ends and have not been re-evaluated or updated for purposes of these financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than the amounts reported at each year-end. The Company follows the guidance issued under ASC 820, Fair Value Measurement , ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under ASC 820 are as follows: Level 1 Level 2 Level 3 An asset or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. For financial assets and liabilities measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at September 30, 2016 and December 31, 2015 were as follows: (dollars in thousands) Total (Level 1) Quoted Prices (Level 2) Significant (Level 3) Significant Unobservable September 3 0 , 2016 Assets: Collateralized mortgage obligations $ 200,396 $ - $ 200,396 $ - Agency mortgage-backed securities 11,686 - 11,686 - Municipal securities 24,442 - 24,442 - Corporate bonds 45,428 - 42,495 2,933 Asset-backed securities 15,717 - 15,717 - Trust Preferred Securities 1,691 - - 1,691 Other securities 25 - 25 - Securities Available for Sale $ 299,385 $ - $ 294,761 $ 4,624 Mortgage Loans Held for Sale $ 26,865 $ - $ 26,865 $ - SBA Servicing Assets $ 5,297 $ - $ - $ 5,297 Interest Rate Lock Commitments $ 1,027 $ - $ 1,027 $ - Liabilities: Interest Rate Lock Commitments $ 9 $ - $ 9 $ - Best Efforts Forward Loan Sales Commitments $ 377 $ - $ 377 $ - Mandatory Forward Loan Sales Commitments $ 294 $ - $ 294 $ - December 31, 2015 Assets: Collateralized mortgage obligations $ 178,145 $ - $ 178,145 $ - Agency mortgage-backed securities 10,171 - 10,171 - Municipal securities 23,344 - 23,344 - Corporate bonds 54,129 - 51,295 2,834 Asset-backed securities 17,005 - 17,005 - Trust Preferred Securities 1,883 - - 1,883 Other securities 118 - 118 - Securities Available for Sale $ 284,795 $ - $ 280,078 $ 4,717 SBA Servicing Assets $ 4,886 - - $ 4,886 The following table presents an analysis of the activity in the SBA servicing assets for the three and nine months ended September 30, 2016 and 2015: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 201 6 201 5 201 6 201 5 Beginning balance $ 5,118 $ 4,319 $ 4,886 $ 4,099 Additions 503 227 1,305 672 Fair value adjustments (324 ) (372 ) (894 ) (597 ) Ending balance $ 5,297 $ 4,174 $ 5,297 $ 4,174 Fair value adjustments are recorded as loan advisory and servicing fees on the statement of income. Servicing fee income, not including fair value adjustments, totaled $458,000 and $447,000 for the three months ended September 30, 2016 and 2015, respectively. Servicing fee income, not including fair value adjustments, totaled $1.3 million and $1.3 million for the nine months ended September 30, 2016 and 2015, respectively. The following table presents a reconciliation of the securities available for sale measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three and nine months ended September 30, 2016 and 2015: Three Months Ended September 30, 201 6 Three Months Ended September 30, 201 5 Level 3 Investments Only (dollars in thousands) Trust Corporate Trust Corporate Balance, July 1st $ 1,755 $ 2,870 $ 2,006 $ 2,684 Unrealized gains (losses) (62 ) 63 220 17 Paydowns - - - - Proceeds from sales - - (414 ) - Realized losses - - (142 ) - Impairment charges on Level 3 (2 ) - - - Balance, September 30th $ 1,691 $ 2,933 $ 1,670 $ 2,701 Nine Months Ended September 30, 201 6 Nine Months Ended September 30, 201 5 Level 3 Investments Only (dollars in thousands) Trust Corporate Trust Corporate Balance, January 1st $ 1,883 $ 2,834 $ 3,193 $ 3,005 Unrealized gains (losses) (185 ) 99 669 (304 ) Paydowns - - (19 ) - Proceeds from sales - - (1,952 ) - Realized losses - - (218 ) - Impairment charges on Level 3 (7 ) - (3 ) - Balance, September 30th $ 1,691 $ 2,933 $ 1,670 $ 2,701 For assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used at September 30, 2016 and December 31, 2015 were as follows: (dollars in thousands) Total (Level 1) Quoted Prices in Active Markets (Level 2) Significant Other Observable (Level 3) Significant Unobservable September 30, 2016: Impaired loans $ 9,331 $ - $ - $ 9,331 Other real estate owned 8,593 - - 8,593 December 31, 2015: Impaired loans $ 5,734 $ - $ - $ 5,734 Other real estate owned 10,034 - - 10,034 The table below presents additional quantitative information about level 3 assets measured at fair value on a nonrecurring basis (dollars in thousands): Quantitative Information about Level 3 Fair Value Measurements Asset Description Fair Value Valuation Technique Unobservable Input Range Weighted September 30, 2016 Corporate bonds $ 2,933 Discounted Cash Flows Discount Rate (4.35%) Trust preferred securities $ 1,691 Discounted Cash Flows Discount Rate 8.45% - 8.95% (8.68%) Conditional Prepayment Rate (6.16%) SBA servicing assets $ 5,297 Discounted Cash Flows Discount Rate (10.00%) Liquidation expenses (2) 4% - 76% (15%) (3) Impaired loans $ 9,331 Appraised Value of Collateral (1) Appraisal adjustment (2) (0%) (3) Liquidation expenses (2) 7% - 27% (12%) (3) Appraised Value of Collateral (1) Appraisal adjustment (2) (0%) (3) Other real estate owned $ 8,593 Sales Price Liquidation expenses (2) (7%) (3) December 31, 2015 Corporate bonds $ 2,834 Discounted Cash Flows Discount Rate (4.11%) Trust preferred securities $ 1,883 Discounted Cash Flows Discount Rate 7.31% - 7.81% (7.77%) Conditional Prepayment Rate (6.27%) SBA servicing assets $ 4,886 Discounted Cash Flows Discount Rate (10.00%) Impaired loans $ 5,734 Appraised Value of Collateral (1) Liquidation expenses (2) 12% - 78% (20%) (3) Liquidation expenses (2) 6% - 30% (10%) (3) Appraised Value of Collateral (1) Appraisal adjustment (2) (50%) (3) Other real estate owned $ 10,034 Sales Price Liquidation expenses (2) 7% - 9% (9%) (3) (1) Fair value is generally determined through independent appraisals of the underlying collateral, which include Level 3 inputs that are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. (3) The range and weighted average of qualitative factors such as economic conditions and estimated liquidation expenses are presented as a percent of the appraised value. The significant unobservable inputs for impaired loans and other real estate owned are the appraised value or an agreed upon sales price. These values are adjusted for estimated costs to sell which are incremental direct costs to transact a sale such as broker commissions, legal fees, closing costs and title transfer fees. The costs must be considered essential to the sale and would not have been incurred if the decision to sell had not been made. The costs to sell are based on costs associated with the Company’s actual sales of other real estate owned which are assessed annually. Fair Value Assumptions The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of the Company’s financial instruments at September 30, 2016 and December 31, 2015. Cash and Cash Equivalents (Carried at Cost) The carrying amounts reported in the balance sheet for cash and cash equivalents approximate those assets’ fair values. Investment Securities The fair value of securities available for sale (carried at fair value) and held to maturity (carried at amortized cost) are determined by obtaining quoted market prices on nationally recognized securities exchanges (Level 1), or matrix pricing (Level 2), which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices. For certain securities, which are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments, are generally based on available market evidence (Level 3). In the absence of such evidence, management’s best estimate is used. Management’s best estimate consists of both internal and external support on certain Level 3 investments. Internal cash flow models using a present value formula that includes assumptions market participants would use along with indicative exit pricing obtained from broker/dealers (where available) were used to support fair values of certain Level 3 investments. The types of instruments valued based on matrix pricing in active markets include all of the Company’s U.S. government and agency securities, corporate bonds, asset backed securities, and municipal obligations. Such instruments are generally classified within Level 2 of the fair value hierarchy. As required by ASC 820-10, the Company does not adjust the matrix pricing for such instruments. Level 3 is for positions that are not traded in active markets or are subject to transfer restrictions, and may be adjusted to reflect illiquidity and/or non-transferability, with such adjustment generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. Subsequent to inception, management only changes Level 3 inputs and assumptions when corroborated by evidence such as transactions in similar instruments, completed or pending third-party transactions in the underlying investment or comparable entities, subsequent rounds of financing, recapitalizations and other transactions across the capital structure, offerings in the equity or debt markets, and changes in financial ratios or cash flows. The Level 3 investment securities classified as available for sale are comprised of various issues of trust preferred securities and a single corporate bond. The trust preferred securities are pools of similar securities that are grouped into an asset structure commonly referred to as collateralized debt obligations (“CDOs”) which consist of the debt instruments of various banks, diversified by the number of participants in the security as well as geographically. The secondary market for these securities has become inactive, and therefore these securities are classified as Level 3 securities. The fair value analysis does not reflect or represent the actual terms or prices at which any party could purchase the securities. There is currently a limited secondary market for the securities and there can be no assurance that any secondary market for the securities will expand. An independent, third party pricing service is used to estimate the current fair market value of each CDO held in the investment securities portfolio. The calculations used to determine fair value are based on the attributes of the trust preferred securities, the financial condition of the issuers of the trust preferred securities, and market based assumptions. The INTEX CDO Deal Model Library was utilized to obtain information regarding the attributes of each security and its specific collateral as of September 30, 2016 and December 31, 2015. Financial information on the issuers was also obtained from Bloomberg, the FDIC, and SNL Financial. Both published and unpublished industry sources were utilized in estimating fair value. Such information includes loan prepayment speed assumptions, discount rates, default rates, and loss severity percentages. Due to the current state of the global capital and financial markets, the fair market valuation is subject to greater uncertainty that would otherwise exist. The fair market valuation for each CDO was determined based on discounted cash flow analyses. The cash flows are primarily dependent on the estimated speeds at which the trust preferred securities are expected to prepay, the estimated rates at which the trust preferred securities are expected to defer payments, the estimated rates at which the trust preferred securities are expected to default, and the severity of the losses on securities that do default. Increases (decreases) in actual or expected issuer defaults tend to decrease (increase) the fair value of the Company’s senior and mezzanine tranches of CDOs. The values of the Company’s mezzanine tranches of CDOs are also affected by expected future interest rates. However, due to the structure of each security, timing of cash flows, and secondary effects on the financial performance of the underlying issuers, the effects of changes in future interest rates on the fair value of the Company’s holdings are not quantifiably estimable. Also included in Level 3 investment securities classified as available for sale is a corporate bond transferred from Level 2 in 2010 that is not actively traded. Impairment would depend on the repayment ability of the underlying issuer, which is assessed through a detailed quarterly review of the issuer’s financial statements. The issuer is a “well capitalized” financial institution as defined by federal banking regulations and has demonstrated the ability to raise additional capital, when necessary, through the public capital markets. The fair value of this corporate bond is estimated by obtaining a price of a comparable floating rate debt instrument through Bloomberg. SBA Loans Held For Sale (Carried at Lower of Cost or Fair Value) The fair values of SBA loans held for sale is determined, when possible, using quoted secondary-market prices and are classified within Level 3 of the fair value hierarchy. If no such quoted prices exist, the fair value of a loan is determined using quoted prices for a similar loan or loans, adjusted for the specific attributes of that loan. The Company did not write down any loans held for sale during the three months ended September 30, 2016 and the year ended December 31, 2015. Mortgage Loans Held for Sale (Carried at Fair Value) The fair value of mortgage loans held for sale is determined by obtaining prices at which they could be sold in the principal market at the measurement date and are classified within Level 2 of the fair value hierarchy. Effective July 28, 2016, Republic elected to adopt the fair value option for its mortgage loans held for sale portfolio in order to more accurately reflect the economic value of the mortgages held for sale on the balance sheet. All mortgage loans held for sale originated subsequent to the election date are carried at fair value. All loans held for sale originated prior to the election date were sold prior to September 30, 2016. Interest income on loans held for sale, which totaled $89,000 for the three and nine months ended September 30, 2016, are included in interest and fees in the statements of income. The following table reflects the difference between the carrying amount of mortgage held for sale, measured at fair value and the aggregate unpaid principal amount that Republic is contractually entitled to receive at maturity as of September 30, 2016 (dollars in thousands): Mortgage loans held for sale Carrying Amount Aggregate Unpaid Principal Balance Excess Carrying Amount Over Aggregate Unpaid Principal Balance September 30, 2016 $ 26,865 $ 25,726 $ 1,139 Republic did not have any mortgage loans held for sale recorded at fair value that were 90 or more days past due and on non-accrual at September 30, 2016. Interest Rate Lock Commitments (“IRLC”) The fair value of Republic’s IRLC instruments are based upon the underlying loans measured at fair value on a recurring basis and the probability of such commitments being exercised. Due to observable market data inputs used by Republic, Republic’s IRLCs are classified within Level 2 of the valuation hierarchy. Best Efforts Forward Loan Sales Commitments Best efforts forward loan sales commitments are classified within Level 2 of the valuation hierarchy. Best efforts forward loan sales commitments fix the forward sales price that will be realized upon the sale of mortgage loans into the secondary market. Best efforts forward loan sales commitments are entered into for loans at the time the borrower commitment is made. These best efforts forward loan sales commitments are valued using the committed price to the counterparty against the current market price of the interest rate lock commitment or mortgage loan held for sale. Mandatory Forward Loan Sales Commitments Fair values for mandatory forward loan sales commitments are based on fair values of the underlying mortgage loans and the probability of such commitments being exercised. Due to the observable inputs used by Republic, Republic’s best efforts mandatory loan sales commitments are classified within Level 2 of the valuation hierarchy. Loans Receivable (Carried at Cost) The fair values of loans receivable, excluding all nonaccrual loans and accruing loans deemed impaired with specific loan allowances, are estimated using discounted cash flow analyses, using market rates at the balance sheet date that reflect the credit and interest rate-risk inherent in the loans. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal. Generally, for variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. Due to the significant judgment involved in evaluating credit quality, loans are classified within Level 3 of the fair value hierarchy. Impaired Loans (Carried at Lower of Cost or Fair Value) Impaired loans are those that the Company has measured impairment based on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third party appraisals of the properties, or discounted cash flows based upon the expected proceeds. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements. The fair value consists of the loan balances less any valuation allowance. The valuation allowance amount is calculated as the difference between the recorded investment in a loan and the present value of expected future cash flows or it is calculated based on discounted collateral values if the loans are collateral dependent. Other Real Estate Owned (Carried at Lower of Cost or Fair Value) These assets are carried at the lower of cost or fair value. At September 30, 2016 and December 31, 2015, these assets are carried at current fair value and classified within Level 3 of the fair value hierarchy. SBA Servicing Asset (Carried at Fair Value) The SBA servicing asset is initially recorded when loans are sold and the servicing rights are retained and recorded on the balance sheet. An updated fair value is obtained from an independent third party on a quarterly basis and adjustments are presented as loan advisory and servicing fees on the statement of operations. The valuation begins with the projection of future cash flows for each asset based on their unique characteristics, the Company’s market-based assumptions for prepayment speeds and estimated losses and recoveries. The present value of the future cash flows are then calculated utilizing the Company’s market-based discount ratio assumptions. In all cases, the Company’s models expected payments for every loan for each quarterly period in order to create the most detailed cash flow stream possible. The Company uses assumptions and estimates in determining the impairment of the SBA servicing asset. These assumptions include prepayment speeds and discount rates commensurate with the risks involved and comparable to assumptions used by participants to value and bid serving rights available for sale in the market. At September 30, 2016 and December 31, 2015, the sensitivity of the current fair value of the SBA loan servicing rights to immediate 10% and 20% adverse changes in key assumptions are included in the accompanying table. (dollars in thousands) September 3 0 , 2016 December 31, 2015 SBA Servicing Asset Fair Value of SBA Servicing Asset $ 5,297 $ 4,886 Composition of SBA Loans Serviced for Others Fixed-rate SBA loans 0 % 0 % Adjustable-rate SBA loans 100 % 100 % Total 100 % 100 % Weighted Average Remaining Term (in years) 21.2 20.9 Prepayment Speed 6.16 % 6.27 % Effect on fair value of a 10% increase $ (162 ) $ (151 ) Effect on fair value of a 20% increase (318 ) (296 ) Weighted Average Discount Rate 10.00 % 10.00 % Effect on fair value of a 10% increase $ (223 ) $ (206 ) Effect on fair value of a 20% increase (429 ) (397 ) The sensitivity calculations above are hypothetical and should not be considered to be predictive of future performance. As indicated, changes in value based on adverse changes in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in value may not be linear. Also in this table, the effect of an adverse variation in a particular assumption on the value of the SBA servicing rights is calculated without changing any other assumption. While in reality, changes in one factor may magnify or counteract the effect of the change. Restricted Stock (Carried at Cost) The carrying amount of restricted stock approximates fair value, and considers the limited marketability of such securities. Restricted stock is classified within Level 2 of the fair value hierarchy. Accrued Interest Receivable and Payable (Carried at Cost) The carrying amounts of accrued interest receivable and accrued interest payable approximates fair value and are classified within Level 2 of the fair value hierarchy. Deposit Liabilities (Carried at Cost) The fair values disclosed for demand deposits (e.g., interest and noninterest checking, passbook savings and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered in the market on certificates to a schedule of aggregated expected monthly maturities on time deposits. Deposit liabilities are classified within Level 2 of the fair value hierarchy. S hort-term Borrowings (Carried at Cost) Due to their short-term nature, the carrying amounts of short-term borrowings, which include overnight borrowings approximate their fair value. Short-term borrowings are classified within Level 2 of the fair value hierarchy. Subordinated Debt (Carried at Cost) Fair values of subordinated debt are estimated using discounted cash flow analysis, based on market rates currently offered on such debt with similar credit risk characteristics, terms and remaining maturity. Due to the significant judgment involved in developing the spreads used to value the subordinated debt, it is classified within Level 3 of the fair value hierarchy. Off-Balance Sheet Financial Instruments (Disclosed at n otional amounts) Fair values for the Company’s off-balance sheet financial instruments (lending commitments and letters of credit) are based on fees currently charged in the market to enter into similar agreements, taking into account, the remaining terms of the agreements and the counterparties’ credit standing. The estimated fair values of the Company’s financial instruments were as follows at September 30, 2016 and December 31, 2015: Fair Value Measurements at September 30, 2016 (dollars in thousands) Carrying Fair Value Quoted Prices in Active Markets (Level 1) Significant Other Observable (Level 2) Significant Unobservable (Level 3) Balance Sheet Data Financial assets: Cash and cash equivalents $ 150,041 $ 150,041 $ 150,041 $ - $ - Investment securities available for sale 299,385 299,385 - 294,761 4,624 Investment securities held to maturity 220,470 223,247 - 223,247 - Restricted stock 1,366 1,366 - 1,366 - Loans held for sale 29,715 29,715 - 26,865 2,850 Loans receivable, net 936,088 917,242 - - 917,242 SBA servicing assets 5,297 5,297 - - 5,297 Accrued interest receivable 4,588 4,588 - 4,588 - Interest rate lock commitments 1,027 1,027 - 1,027 - Financial liabilities: Deposits Demand, savings and money market $ 1,473,105 $ 1,473,105 $ - $ 1,473,105 $ - Time 109,127 109,172 - 109,172 - Subordinated debt 22,476 18,257 - - 18,257 Accrued interest payable 339 339 - 339 - Interest rate lock commitments 9 9 9 Best efforts forward loan sales commitments 377 377 377 Mandatory forward loan sales commitments 294 294 294 Off-Balance Sheet Data Commitments to extend credit - - - - Standby letters-of-credit - - - - Fair Value Measurements at December 31, 2015 (dollars in thousands) Carrying Fair Value Quoted Prices in Active Markets (Level 1) Significant Other Observable (Level 2) Significant Unobservable (Level 3) Balance Sheet Data Financial assets: Cash and cash equivalents $ 27,139 $ 27,139 $ 27,139 $ - $ - Investment securities available for sale 284,795 284,795 - 280,078 4,717 Investment securities held to maturity 172,277 171,845 - 171,845 - Restricted stock 3,059 3,059 - 3,059 - Loans held for sale 3,653 3,831 - - 3,831 Loans receivable, net 866,066 849,578 - - 849,578 SBA servicing assets 4,886 4,886 - - 4,886 Accrued interest receivable 4,216 4,216 - 4,216 - Financial liabilities: Deposits Demand, savings and money market $ 1,181,720 $ 1,181,720 $ - $ 1,181,720 $ - Time 67,578 67,422 - 67,422 - Short-term borrowings 47,000 47,000 - 47,000 - Subordinated debt 22,476 18,972 - - 18,972 Accrued interest payable 245 245 - 245 - Off-Balance Sheet Data - - - - - Commitments to extend credit - - - - - Standby letters-of-credit

Note 8 - Changes in Accumulated

Note 8 - Changes in Accumulated Other Comprehensive Income (Loss) By Component (1)	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	Note 8: Changes in Accumulated Other Comprehensive Loss By Component (1) The following table presents the changes in accumulated other comprehensive loss by component for the nine months ended September 30, 2016 and 2015, and the year ended December 31, 2015. Unrealized Gains (Losses) on Available- Unrealized Holding Total (dollars in thousands) Balance January 1, 2016 $ (2,562 ) $ (603 ) $ (3,165 ) Unrealized gain on securities 2,170 - 2,170 Amounts reclassified from accumulated other comprehensive income to net income (2) (416 ) 85 (331 ) Net current-period other comprehensive income 1,754 85 1,839 Balance September 30, 2016 $ (808 ) $ (518 ) $ (1,326 ) Balance January 1, 2015 $ 82 $ (714 ) $ (632 ) Unrealized loss on securities (460 ) - (460 ) Amounts reclassified from accumulated other comprehensive income to net income (2) (45 ) 82 37 Net current-period other comprehensive income (loss) (505 ) 82 (423 ) Balance September 30, 2015 $ (423 ) $ (632 ) $ (1,055 ) Balance January 1, 2015 $ 82 $ (714 ) $ (632 ) Unrealized loss on securities (2,577 ) - (2,577 ) Amounts reclassified from accumulated other comprehensive income to net income (2) (67 ) 111 44 Net current-period other comprehensive income (loss) (2,644 ) 111 (2,533 ) Balance December 31, 2015 $ (2,562 ) $ (603 ) $ (3,165 ) (1) All amounts are net of tax. Amounts in parentheses indicate reductions to other comprehensive income. (2) Reclassification amounts are reported as gains on sales of investment securities, impairment losses, and amortization of net unrealized losses on the Consolidated Statement of Operations.

Note 9 - Business Combination

Note 9 - Business Combination	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 9: Business Combination Oak Mortga ge Company, LLC On July 26, 2016, Republic entered into an agreement with the owners of Oak Mortgage pursuant to which the Sellers agreed to sell to Republic all of the issued and outstanding limited liability interests of Oak Mortgage. The transaction closed on July 28, 2016, and as a result, Oak Mortgage became a wholly owned subsidiary of Republic on that date. The aggregate cash purchase price paid to the Sellers for their limited liability company interests at closing was $7.1 million, $1.0 million of which was deposited in an escrow account to be disbursed one year from closing subject to adjustment for any covered indemnity claims under the Purchase Agreement. The purchase price is subject to certain post-closing adjustments. In connection with the Oak Mortgage acquisition, the following table details the consideration paid, the fair value of identifiable assets acquired and liabilities assumed as of the date of the acquisition, and the resulting goodwill recorded (in thousands): Consideration paid : Cash $ 7,136 Equity instruments 202 Deferred additional purchase price 500 Value of consideration $ 7,838 Assets acquired : Cash and cash equivalents $ 1,223 Loans held for sale 20,871 Loans receivable 1,132 Premises and equipment 103 Derivative assets 1,508 Intangible assets – non complete agreements 104 Other assets 125 Total assets 25,066 Liabilities assumed : Warehouse lines of credit 19,666 Derivative liabilities 412 Other liabilities 2,042 Total liabilities 22,120 Net assets acquired 2,946 Goodwill resulting from acquisition of Oak Mortgage $ 4,892 The following table presents unaudited pro forma information, in thousands, as if the acquisition of Oak Mortgage by the Company had been completed on January 1, 2015. The pro forma information does not necessarily reflect the results of operations that would have occurred had Oak Mortgage been acquired by the Company at the beginning of 2015. The pro forma financial information does not include the impact of possible business model changes, nor does it consider any potential impacts of current market conditions or revenues, expense efficiencies or other factors. Nine Months Ended September 30 , 201 6 201 5 Total revenues $ 52,610 $ 44,238 Net income $ 4,462 $ 3,569

Note 10 - Goodwill and Other In

Note 10 - Goodwill and Other Intangibles	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 10: Goodwill and Other Intangibles The Company’s goodwill and intangible assets related to the acquisition of Oak Mortgage in July 2016 is detailed below: (dollars in thousands) Balance December 31, 2015 Additions/ Adjustments Amortization Balance September 30, 2016 Amortization Period (in years) Goodwill $ - $ 4,892 $ - $ 4,892 Indefinite Non-compete agreements - 104 (17 ) 87 1 Total $ - $ 4,996 $ (17 ) $ 4,979

Note 11 - Derivatives and Risk

Note 11 - Derivatives and Risk Management Activities	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Note 11: Derivatives and Risk Management Activities Republic did not have any derivative instruments designated as hedging instruments, or subject to master netting and collateral agreements for the nine months ended September 30, 2016. The following table summarizes the amounts recorded in Republic’s statement of financial condition for derivatives not designated as hedging instruments as of September 30, 2016 (in thousands): September 30, 201 6 Balance Sheet Presentation Fair Value Notional Amount Asset derivatives: IRLC’s Other Assets $ 1,027 $ 36,090 Best efforts forward loan sales commitments Other Assets - 546 Mandatory forward loan sales commitments Other Assets - 164 Liability derivatives: IRLC’s Other Liabilities $ 9 $ 1,502 Best efforts forward loan sales commitments Other Liabilities 377 37,046 Mandatory forward loan sales commitments Other Liabilities 294 25,525 The following table summarizes the amounts recorded in Republic’s statement of income for derivative instruments not designated as hedging instruments for the nine months ended September 30, 2016 (in thousands): Nine Months Ended September 30, 2016 Income Statement Presentation Gain/(Loss) Asset derivatives: IRLC’s Loan advisory and servicing fees $ (454 ) Best efforts forward loan sales commitments Loan advisory and servicing fees (26 ) Mandatory forward loan sales commitments Loan advisory and servicing fees - Liability derivatives: IRLC’s Other operating expense $ 14 Best efforts forward loan sales commitments Other operating expense 11 Mandatory forward loan sales commitments Other operating expense (294 ) The fair value of Republic’s IRLCs, best efforts forward loan sales commitments, and mandatory forward loan sales commitments are based upon the estimated value of the underlying mortgage loan (determined consistent with “Loans Held for Sale”), adjusted for (1) estimated costs to complete and originate the loan, and (2) the estimated percentage of IRLCs that will result in a closed mortgage loan. The valuation of the IRLCs issued by Republic includes the value of the servicing released premium. Republic sells loans servicing released, and the servicing released premium is included in the market price.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Risks and Uncertainties and Certain Significant Estimates [Policy Text Block]	Risks and Uncertainties The earnings of the Company depend primarily on the earnings of Republic. The earnings of Republic are dependent primarily upon the level of net interest income, which is the difference between interest earned on its interest-earning assets, such as loans and investments, and the interest paid on its interest-bearing liabilities, such as deposits and borrowings. Accordingly, the Company’s results of operations are subject to risks and uncertainties surrounding Republic’s exposure to changes in the interest rate environment. Prepayments on residential real estate mortgage and other fixed rate loans and mortgage-backed securities vary significantly and may cause significant fluctuations in interest margins.
Loans and Leases Receivable, Mortgage Banking Activities, Policy [Policy Text Block]	Mortgage Banking Activities and Mortgage Loans Held for Sale Loans held for sale are originated and held until sold to permanent investors. On July 28, 2016, management elected to adopt the fair value option in accordance with FASB Accounting Standards Codification (“ASC”) 820, Fair Value Measurements and Disclosures Loans held for sale originated on or subsequent to the election of the fair value option, are recorded on the balance sheet at fair value. The fair value is determined on a recurring basis by utilizing quoted prices from dealers in such securities. Gains and losses on loan sales are recorded in non-interest income and direct loan origination costs are recognized when incurred and are included in non-interest expense in the statements of income.
Derivatives, Methods of Accounting, Derivatives Not Designated or Qualifying as Hedges [Policy Text Block]	Interest Rate Lock Commitments Mortgage loan commitments known as interest rate locks that relate to the origination of a mortgage that will be held for sale upon funding are considered derivative instruments under the derivatives and hedging accounting guidance FASB ASC 815, Derivatives and Hedging
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make significant estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates are made by management in determining the allowance for loan losses, carrying values of other real estate owned, assessment of other than temporary impairment (“OTTI”) of investment securities, fair value of financial instruments, (see “Note 7” below), the value of assets acquired and liabilities assumed in business combinations, and the realization of deferred income tax assets. Consideration is given to a variety of factors in establishing these estimates. In estimating the allowance for loan losses, management considers current economic conditions, past loss experience, diversification of the loan portfolio, delinquency statistics, results of internal loan reviews and regulatory examinations, borrowers’ perceived financial and managerial strengths, the adequacy of underlying collateral, if collateral dependent, or present value of future cash flows, and other relevant and qualitative risk factors. Subsequent to foreclosure, an estimate for the carrying value of other real estate owned is normally determined through valuations that are periodically performed by management and the assets are carried at the lower of carrying amount or fair value, less the cost to sell. Because the allowance for loan losses and carrying value of other real estate owned are dependent, to a great extent, on the general economy and other conditions that may be beyond the Company’s and Republic’s control, the estimates of the allowance for loan losses and the carrying values of other real estate owned could differ materially in the near term. In estimating OTTI of investment securities, securities are evaluated on at least a quarterly basis and more frequently when market conditions warrant such an evaluation, to determine whether a decline in their value is other-than-temporary. To determine whether a loss in value is other-than-temporary, management utilizes criteria such as the reasons underlying the decline, the magnitude and duration of the decline, the intent to hold the security and the likelihood of the Company not being required to sell the security prior to an anticipated recovery in the fair value. The term “other-than-temporary” is not intended to indicate that the decline is permanent, but indicates that the prospect for a near-term recovery of value is not necessarily favorable, or that there is a lack of evidence to support a realizable value equal to or greater than the carrying value of investment. Once a decline in value is determined to be other-than-temporary, the portion of the decline related to credit impairment is charged to earnings. In evaluating the Company’s ability to recover deferred tax assets, management considers all available positive and negative evidence, including the past operating results and forecasts of future taxable income. In determining future taxable income, management makes assumptions for the amount of taxable income, the reversal of temporary differences and the implementation of feasible and prudent tax planning strategies. These assumptions require management to make judgments about the future taxable income and are consistent with the plans and estimates used to manage the business. Any reduction in estimated future taxable income may require management to record a valuation allowance against the deferred tax assets. An increase in the valuation allowance would result in additional income tax expense in the period and could have a significant impact on future earnings.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation The Company has a Stock Option and Restricted Stock Plan (“the 2005 Plan”), under which the Company granted options, restricted stock or stock appreciation rights to the Company’s employees, directors, and certain consultants. The 2005 Plan became effective on November 14, 1995, and was amended and approved at the Company’s 2005 annual meeting of shareholders. Under the terms of the 2005 Plan, 1.5 million shares of common stock, plus an annual increase equal to the number of shares needed to restore the maximum number of shares that could be available for grant under the 2005 Plan to 1.5 million shares, were available for such grants. As of September 30, 2016, the only grants under the 2005 Plan were option grants. The 2005 Plan provided that the exercise price of each option granted equaled the market price of the Company’s stock on the date of the grant. Options granted pursuant to the 2005 Plan vest within one to four years and have a maximum term of 10 years. The 2005 Plan terminated on November 14, 2015 in accordance with the terms and conditions specified in the Plan agreement. On April 29, 2014 the Company’s shareholders approved the 2014 Republic First Bancorp, Inc. Equity Incentive Plan (the “2014 Plan”), under which the Company may grant options, restricted stock, stock units, or stock appreciation rights to the Company’s employees, directors, independent contractors, and consultants. Under the terms of the 2014 Plan, 2.6 million shares of common stock, plus an annual adjustment to be no less than 10% of the outstanding shares or such lower number as the Board of Directors may determine, are available for such grants. At September 30, 2016, the maximum number of shares of common shares issuable under the 2014 Plan was 4.0 million. During the nine months ended September 30, 2016, 653,250 options were granted under the 2014 Plan with a weighted average grant date fair value of $1,174,320. The Company utilizes the Black-Scholes option pricing model to calculate the estimated fair value of each stock option granted on the date of the grant. A summary of the assumptions used in the Black-Scholes option pricing model for 2016 and 2015 are as follows: 201 6 201 5 Dividend yield (1) 0.0% 0.0% Expected volatility (2) 46.38% to 52.54% 53.78% to 56.00% Risk-free interest rate (3) 1.23% to 1.82% 1.49% to 2.00% Expected life (4) (years) 5.5 to 7.0 5.5 to 7.0 Assumed forfeiture rate 10.0% 19.0% (1) A dividend yield of 0.0% is utilized because cash dividends have never been paid. (2) Expected volatility is based on Bloomberg’s five and one-half to seven year volatility calculation for “FRBK” stock. (3) The risk-free interest rate is based on the five to seven year Treasury bond. (4) The expected life reflects a 1 to 4 year vesting period, the maximum ten year term and review of historical behavior. During the nine months ended September 30, 2016 and 2015, 487,550 options and 349,062 options vested, respectively. Expense is recognized ratably over the period required to vest. At September 30, 2016, the intrinsic value of the 2,480,550 options outstanding was $1,652,149, while the intrinsic value of the 1,164,074 exercisable (vested) options was $1,081,116. During the nine months ended September 30, 2016, 80,375 options were exercised with cash received of $226,271 and 38,550 options were forfeited with a weighted average grant date fair value of $55,920. During the nine months ended September 30, 2015, 500 options were exercised with cash received of $1,345 and 16,369 options were forfeited with a weighted average grant date fair value of $21,331. Information regarding stock based compensation for the nine months ended September 30, 2016 and 2015 is set forth below: September 30, 2016 September 30, 2015 Stock based compensation expense recognized $ 764,000 $ 441,000 Number of unvested stock options 1,316,476 1,185,151 Fair value of unvested stock options $ 2,608,986 $ 1,908,205 Amount remaining to be recognized as expense $ 1,284,071 $ 1,034,337 The remaining amount of $1,284,071 will be recognized as expense through February 2020.
Earnings Per Share, Policy [Policy Text Block]	Earnings per Share Earnings per share (“EPS”) consist of two separate components: basic EPS and diluted EPS. Basic EPS is computed by dividing net income by the weighted average number of common shares outstanding for each period presented. Diluted EPS is calculated by dividing net income by the weighted average number of common shares outstanding plus dilutive common stock equivalents (“CSEs”). CSEs consist of dilutive stock options granted through the Company’s stock option plans and convertible securities related to the trust preferred securities issued in 2008. In the diluted EPS computation, the after tax interest expense on the trust preferred securities issuance is added back to net income. For the three and nine months ended September 30, 2016 and 2015, the effect of CSEs (convertible securities related to the trust preferred securities only) and the related add back of after tax interest expense was considered anti-dilutive and therefore was not included in the EPS calculations. The calculation of EPS for the three and nine months ended September 30, 2016 and 2015 is as follows (in thousands, except per share amounts): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Net income (basic and diluted) $ 1,340 $ 582 $ 3,448 $ 1,643 Weighted average shares outstanding 37,916 37,816 37,879 37,816 Net income per share – basic $ 0.04 $ 0.02 $ 0.09 $ 0.04 Weighted average shares outstanding (including dilutive CSEs) 38,375 38,064 38,355 38,052 Net income per share – diluted $ 0.03 $ 0.02 $ 0.09 $ 0.04 The following is a summary of securities that could potentially dilute basic earnings per common share in future periods that were not included in the computation of diluted earnings per common share because to do so would have been anti-dilutive for the periods presented. (in thousands) Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Anti-dilutive securities Share based compensation awards 2,022 1,735 2,005 1,747 Convertible securities 1,662 1,662 1,662 1,662 Total anti-dilutive securities 3,684 3,397 3,667 3,409
New Accounting Pronouncements, Policy [Policy Text Block]	R ASU 2014-04 In January 2014, the FASB issued ASU 2014-04, “Receivables – Troubled Debt Restructuring by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans Upon Foreclosure – a consensus of the FASB Emerging Issues Task Force.” The guidance clarifies when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan should be derecognized and the real estate property recognized. For public business entities, the ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. For entities other than public business entities, the ASU was effective for annual periods beginning after December 15, 2014, and interim periods within annual periods beginning after December 15, 2015. The adoption of ASU 2014-04 did not have a material effect on the Company’s consolidated financial statements. ASU 2014-09 In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 660): Summary and Amendments that Create Revenue from Contracts with Customers (Topic 606) and Other Assets and Deferred Costs – Contracts with Customers (Subtopic 340-40).” The purpose of this guidance is to clarify the principles for recognizing revenue. The guidance in this update supersedes the revenue recognition requirements in ASC Topic 605, Revenue Recognition, and most industry-specific guidance throughout the industry topics of the codification. For public companies, early adoption of the update will be effective for interim and annual periods beginning after December 15, 2016. For public companies that elect to defer the update, adoption will be effective for interim and annual periods beginning after December 15, 2017. The Company is currently assessing the impact that this guidance will have on its consolidated financial statements, but does not expect a material impact. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with The Company (Topic 606): Deferral of the Effective Date ASU 2014-14 ASU 2015-14 In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers: Deferral of the Effective Date. The guidance in this ASU is now effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. The Company does not expect this ASU to have a significant impact on its financial condition or results of operations. ASU 2015-1 6 In September 2015, the FASB issued ASU 2015-16, Simplifying the Accounting for Measurement-Period Adjustments. To simplify the accounting for adjustments made to provisional amounts recognized in a business combination, the guidance in this ASU eliminates the requirement to retrospectively account for those adjustments and requires an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The guidance in this ASU was effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years and should be applied prospectively to adjustment to provisional amounts that occur after the effective date of this ASU. The adoption of this ASU did not have an impact on the Company’s financial condition or results of operations. ASU 2016-01 In January 2016, the FASB issued Accounting Standards Update ("ASU") No. 2016-01, Financial Instruments - Overall. ASU 2016-0 2 In February 2016, the FASB issued Accounting Standards Update ("ASU") No. 2016-02, Leases. ASU 2016-09 In March 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-09, Compensation – Stock Compensation: Improvements to Employee Share-Based Payment Accounting. ASU 2016-09 will amend current guidance such that all excess tax benefits and tax deficiencies related to share-based payment awards will be recognized as income tax expense or benefit in the income statement during the period in which they occur. Additionally, excess tax benefits will be classified along with other income tax cash flows as an operating activity rather than a financing activity. ASU 2016-09 also provides that any entity can make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest, which is the current requirement, or account for forfeitures when they occur. ASU 2016-09 will be effective January 1, 2017 and is not expected to have a significant impact on our financial statements. ASU 2016-13 In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The ASU requires an organization to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Additionally, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. For the Company, this update will be effective for interim and annual periods beginning after December 15, 2019. The Company has not yet determined the impact the adoption of ASU 2016-13 will have on the consolidated financial statements. ASU 2016-15 In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230). The ASU addresses classification of certain cash receipts and cash payments in the statement of cash flows. The new guidance is effective on January 1, 2018, on a retrospective basis, with early adoption permitted. This new accounting guidance will result in some changes in classification in the Consolidated Statement of Cash Flows, which the Company does not expect will be significant, and will not have any impact on the consolidated financial statements.

Note 2 - Summary of Significa22

Note 2 - Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	201 6 201 5 Dividend yield (1) 0.0% 0.0% Expected volatility (2) 46.38% to 52.54% 53.78% to 56.00% Risk-free interest rate (3) 1.23% to 1.82% 1.49% to 2.00% Expected life (4) (years) 5.5 to 7.0 5.5 to 7.0 Assumed forfeiture rate 10.0% 19.0%
Schedule of Share-based Compensation, Activity [Table Text Block]	September 30, 2016 September 30, 2015 Stock based compensation expense recognized $ 764,000 $ 441,000 Number of unvested stock options 1,316,476 1,185,151 Fair value of unvested stock options $ 2,608,986 $ 1,908,205 Amount remaining to be recognized as expense $ 1,284,071 $ 1,034,337
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Net income (basic and diluted) $ 1,340 $ 582 $ 3,448 $ 1,643 Weighted average shares outstanding 37,916 37,816 37,879 37,816 Net income per share – basic $ 0.04 $ 0.02 $ 0.09 $ 0.04 Weighted average shares outstanding (including dilutive CSEs) 38,375 38,064 38,355 38,052 Net income per share – diluted $ 0.03 $ 0.02 $ 0.09 $ 0.04
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	(in thousands) Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Anti-dilutive securities Share based compensation awards 2,022 1,735 2,005 1,747 Convertible securities 1,662 1,662 1,662 1,662 Total anti-dilutive securities 3,684 3,397 3,667 3,409

Note 5 - Investment Securities

Note 5 - Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Unrealized Gain (Loss) on Investments [Table Text Block]	At September 3 0 , 201 6 (dollars in thousands) Amortized Cost Gross Gross Fair Value Collateralized mortgage obligations $ 199,622 $ 1,414 $ (640 ) $ 200,396 Agency mortgage-backed securities 11,632 73 (19 ) 11,686 Municipal securities 23,383 1,067 (8 ) 24,442 Corporate bonds 46,737 32 (1,341 ) 45,428 Asset-backed securities 16,183 - (466 ) 15,717 Trust preferred securities 3,063 - (1,372 ) 1,691 Other securities 25 - - 25 Total securities available for sale $ 300,645 $ 2,586 $ (3,846 ) $ 299,385 U.S. Government agencies $ 28,468 $ 310 $ (58 ) $ 28,720 Collateralized mortgage obligations 155,098 2,396 (219 ) 157,275 Agency mortgage-backed securities 35,884 348 - 36,232 Other securities 1,020 - - 1,020 Total securities held to maturity $ 220,470 $ 3,054 $ (277 ) $ 223,247 At December 31, 201 5 (dollars in thousands) Amortized Gross Gross Fair Value Collateralized mortgage obligations $ 180,795 $ 523 $ (3,173 ) $ 178,145 Agency mortgage-backed securities 10,073 176 (78 ) 10,171 Municipal securities 22,814 562 (32 ) 23,344 Corporate bonds 54,294 135 (300 ) 54,129 Asset-backed securities 17,631 - (626 ) 17,005 Trust preferred securities 3,070 - (1,187 ) 1,883 Other securities 115 3 - 118 Total securities available for sale $ 288,792 $ 1,399 $ (5,396 ) $ 284,795 U.S. Government agencies $ 17,067 $ 39 $ (72 ) $ 17,034 Collateralized mortgage obligations 146,458 402 (780 ) 146,080 Agency mortgage-backed securities 7,732 - (21 ) 7,711 Other securities 1,020 - - 1,020 Total securities held to maturity $ 172,277 $ 441 $ (873 ) $ 171,845
Investments Classified by Contractual Maturity Date [Table Text Block]	Available for Sale Held to Maturity (dollars in thousands) Amortized Fair Value Amortized Fair Value Due in 1 year or less $ 675 $ 677 $ - $ - After 1 year to 5 years 12,096 12,260 4,651 4,640 After 5 years to 10 years 53,126 51,671 24,837 25,100 After 10 years 23,494 22,695 - - Collateralized mortgage obligations 199,622 200,396 155,098 157,275 Agency mortgage-backed securities 11,632 11,686 35,884 36,232 Total $ 300,645 $ 299,385 $ 220,470 $ 223,247
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]	Three Months Ended September 30, (dollars in thousands) 201 6 201 5 Beginning Balance, July 1 st $ 935 $ 1,400 Additional credit-related impairment loss on securities for which an other-than-temporary impairment was previously recognized 2 - Reductions for securities paid off during the period - - Reductions for securities sold during the period - (470 ) Reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the Company intends to sell the security - - Ending Balance, September 30 th $ 937 $ 930 Nine Months Ended September 30, (dollars in thousands) 2016 2015 Beginning Balance, January 1 st $ 930 $ 3,966 Additional credit-related impairment loss on securities for which an other-than-temporary impairment was previously recognized 7 3 Reductions for securities paid off during the period - - Reductions for securities sold during the period - (3,039 ) Reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the Company intends to sell the security - - Ending Balance, September 30 th $ 937 $ 930
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	At September 30, 2016 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Collateralized mortgage obligations $ 76,185 $ 573 $ 8,199 $ 67 $ 84,384 $ 640 Agency mortgage-backed securities 2,584 14 3,432 5 6,016 19 Municipal securities 486 8 - - 486 8 Corporate bonds 28,859 1,142 10,796 199 39,655 1,341 Asset backed securities - - 15,717 466 15,717 466 Trust preferred securities - - 1,691 1,372 1,691 1,372 Total Available for Sale $ 108,114 $ 1,737 $ 39,835 $ 2,109 $ 147,949 $ 3,846 At September 30, 2016 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Government agencies $ 7,067 $ 47 $ 3,621 $ 11 $ 10,688 $ 58 Collateralized mortgage obligations 26,469 219 - - 26,469 219 Total Held to Maturity $ 33,536 $ 266 $ 3,621 $ 11 $ 37,157 $ 277 At December 31 , 201 5 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Collateralized mortgage obligations $ 116,161 $ 3,173 $ - $ - $ 116,161 $ 3,173 Agency mortgage-backed securities 2,389 14 5,502 64 7,891 78 Municipal securities 886 15 1,814 17 2,700 32 Corporate bonds 9,583 258 2,952 42 12,535 300 Asset backed securities 17,005 626 - - 17,005 626 Trust preferred securities - - 1,883 1,187 1,883 1,187 Total Available for Sale $ 146,024 $ 4,086 $ 12,151 $ 1,310 $ 158,175 $ 5,396 At December 31 , 201 5 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Government agencies $ 11,954 $ 72 $ - $ - $ 11,954 $ 72 Collateralized mortgage obligations 68,888 732 15,956 48 84,844 780 Agency mortgage-backed securities 7,711 21 - - 7,711 21 Total Held to Maturity $ 88,553 $ 825 $ 15,956 $ 48 $ 104,509 $ 873
Schedule of Trust Preferred Securities [Table Text Block]	(dollars in thousands) Class / Amortized Fair Value Unrealized Losses Lowest Credit Number of Deferrals / Defaults Cumulative TPREF Funding II Class B Notes $ 725 $ 377 $ (348 ) C 19 37 % 0.42 % $ 274 TPREF Funding III Class B2 Notes 1,518 804 (714 ) C 15 32 0.43 483 ALESCO Preferred Funding V Class C1 Notes 820 510 (310 ) C 42 14 0.41 180 Total $ 3,063 $ 1,691 $ (1,372 ) 76 27 % $ 937

Note 6 - Loans Receivable and24

Note 6 - Loans Receivable and Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(dollars in thousands) September 30, 2016 December 31, 2015 Commercial real estate $ 376,466 $ 349,726 Construction and land development 48,983 46,547 Commercial and industrial 186,126 181,850 Owner occupied real estate 268,435 246,398 Consumer and other 58,580 48,126 Residential mortgage 6,909 2,380 Total loans receivable 945,499 875,027 Deferred costs (fees) 42 (258 ) Allowance for loan losses (9,453 ) (8,703 ) Net loans receivable $ 936,088 $ 866,066
Impaired Financing Receivables [Table Text Block]	September 3 0 , 2016 December 31, 2015 (dollars in thousands) Recorded Unpaid Related Recorded Unpaid Related With no related allowance recorded: Commercial real estate $ 12,305 $ 12,307 $ - $ 11,692 $ 11,730 $ - Construction and land development - - - 117 2,208 - Commercial and industrial 1,515 2,648 - 2,381 3,683 - Owner occupied real estate 672 685 - 507 507 - Consumer and other 1,092 1,400 - 800 1,084 - Total $ 15,584 $ 17,040 $ - $ 15,497 $ 19,212 $ - With an allowance recorded: Commercial real estate $ 7,165 $ 7,179 $ 1,290 $ 511 $ 511 $ 47 Construction and land development 56 2,050 56 - - - Commercial and industrial 3,719 6,385 1,799 3,112 5,779 1,111 Owner occupied real estate 1,859 1,860 544 2,862 2,876 1,059 Consumer and other 292 293 71 147 147 21 Total $ 13,091 $ 17,767 $ 3,760 $ 6,632 $ 9,313 $ 2,238 Total: Commercial real estate $ 19.470 $ 19,486 $ 1,290 $ 12,203 $ 12,241 $ 47 Construction and land development 56 2,050 56 117 2,208 - Commercial and industrial 5,234 9,033 1,799 5,493 9,462 1,111 Owner occupied real estate 2,531 2,545 544 3,369 3,383 1,059 Consumer and other 1,384 1,693 71 947 1,231 21 Total $ 28,675 $ 34,807 $ 3,760 $ 22,129 $ 28,525 $ 2,238
Impaired Financing Receivables, Average Recorded Investment and Interest Income, Accrual Method [Table Text Block]	Three Months Ended September 30, 201 6 201 5 (dollars in thousands) Average Recorded Interest Average Interest With no related allowance recorded: Commercial real estate $ 12,188 $ 65 $ 13,923 $ 73 Construction and land development 22 - 328 2 Commercial and industrial 1,611 9 2,459 16 Owner occupied real estate 665 3 589 1 Consumer and other 1,027 5 754 3 Total $ 15,513 $ 82 $ 18,053 $ 95 With an allowance recorded: Commercial real estate $ 6,058 $ 19 $ 2,479 $ 3 Construction and land development 43 - 62 - Commercial and industrial 3,607 18 3,776 12 Owner occupied real estate 1,977 9 3,293 27 Consumer and other 278 2 111 1 Total $ 11,963 $ 48 $ 9,721 $ 43 Total: Commercial real estate $ 18,246 $ 84 $ 16,402 $ 76 Construction and land development 65 - 390 2 Commercial and industrial 5,218 27 6,235 28 Owner occupied real estate 2,642 12 3,882 28 Consumer and other 1,305 7 865 4 Total $ 27,476 $ 130 $ 27,774 $ 138 Nine Months Ended September 30, 201 6 201 5 (dollars in thousands) Average Interest Average Interest With no related allowance recorded: Commercial real estate $ 11,954 $ 197 $ 13,073 $ 214 Construction and land development 72 - 228 3 Commercial and industrial 1,797 30 3,435 64 Owner occupied real estate 647 6 749 5 Consumer and other 901 11 656 7 Total $ 15,371 $ 244 $ 18,141 $ 293 With an allowance recorded: Commercial real estate $ 3,844 $ 43 $ 6,803 $ 6 Construction and land development 15 - 112 - Commercial and industrial 3,389 56 2,456 12 Owner occupied real estate 2,205 23 3,837 90 Consumer and other 252 7 37 1 Total $ 9,705 $ 129 $ 13,245 $ 109 Total: Commercial real estate $ 15,798 $ 240 $ 19,876 $ 220 Construction and land development 87 - 340 3 Commercial and industrial 5,186 86 5,891 76 Owner occupied real estate 2,852 29 4,586 95 Consumer and other 1,153 18 693 8 Total $ 25,076 $ 373 $ 31,386 $ 402
Allowance for Credit Losses on Financing Receivables [Table Text Block]	(dollars in thousands) Commercial Construction Commercial Owner Consumer Residential Mortgage Unallocated Total Three months ended September 30, 201 6 Allowance for loan losses: Beginning balance: $ 3,293 $ 365 $ 3,136 $ 1,366 $ 324 $ 11 $ 266 $ 8,761 Charge-offs - (3 ) - - - - - (3 ) Recoveries - - 88 - - - - 88 Provisions (credits) 9 137 (79 ) 251 16 31 242 607 Ending balance $ 3,302 $ 499 $ 3,145 $ 1,617 $ 340 $ 42 $ 508 $ 9,453 Three months ended September 30, 201 5 Allowance for loan losses: Beginning balance: $ 2,707 $ 311 $ 2,823 $ 1,787 $ 251 $ 2 $ 517 $ 8,398 Charge-offs - - - (78 ) - - - (78 ) Recoveries - - 2 - 1 - - 3 Provisions (credits) (79 ) 26 313 19 28 12 (319 ) - Ending balance $ 2,628 $ 337 $ 3,138 $ 1,728 $ 280 $ 14 $ 198 $ 8,323 (dollars in thousands) Commercial Construction Commercial Owner Consumer Residential Mortgage Unallocated Total Nine months ended September 30, 201 6 Allowance for loan losses: Beginning balance: $ 2,393 $ 338 $ 2,932 $ 2,030 $ 295 $ 14 $ 701 $ 8,703 Charge-offs - (3 ) (18 ) (954 ) - - - (975 ) Recoveries 6 - 162 - - - - 168 Provisions (credits) 903 164 69 541 45 28 (193 ) 1,557 Ending balance $ 3,302 $ 499 $ 3,145 $ 1,617 $ 340 $ 42 $ 508 $ 9,453 Nine months ended September 30, 201 5 Allowance for loan losses: Beginning Balance: $ 6,828 $ 917 $ 1,579 $ 1,638 $ 234 $ 2 $ 338 $ 11,536 Charge-offs (2,623 ) (222 ) (325 ) (133 ) - - - (3,303 ) Recoveries 4 5 48 - 33 - - 90 Provisions (credits) (1,581 ) (363 ) 1,836 223 13 12 (140 ) - Ending balance $ 2,628 $ 337 $ 3,138 $ 1,728 $ 280 $ 14 $ 198 $ 8,323 (dollars in thousands) Commercial Construction Commercial Owner Consumer Residential Mortgage Unallocated Total September 30, 201 6 Allowance for loan losses: Individually evaluated for impairment $ 1,290 $ 56 $ 1,799 $ 544 $ 71 $ - $ - $ 3,760 Collectively evaluated for impairment 2,012 443 1,346 1,073 269 42 508 5,693 Total allowance for loan losses $ 3,302 $ 499 $ 3,145 $ 1,617 $ 340 $ 42 $ 508 $ 9,453 Loans receivable: Loans evaluated individually $ 19,470 $ 56 $ 5,234 $ 2,531 $ 1,384 $ - $ - $ 28,675 Loans evaluated collectively 356,996 48,927 180,892 265,904 57,196 6,909 - 916,824 Total loans receivable $ 376,466 $ 48,983 $ 186,126 $ 268,435 $ 58,580 $ 6,909 $ - $ 945,499 (dollars in thousands) Commercial Real Estate Construction and Land Development Commercial and Industrial Owner Occupied Real Estate Consumer and Other Residential Mortgage Unallocated Total December 31, 201 5 Allowance for loan losses: Individually evaluated for impairment $ 47 $ - $ 1,111 $ 1,059 $ 21 $ - $ - $ 2,238 Collectively evaluated for impairment 2,346 338 1,821 971 274 14 701 6,465 Total allowance for loan losses $ 2,393 $ 338 $ 2,932 $ 2,030 $ 295 $ 14 $ 701 $ 8,703 Loans receivable: Loans evaluated individually $ 12,203 $ 117 $ 5,493 $ 3,369 $ 947 $ - $ - $ 22,129 Loans evaluated collectively 337,523 46,430 176,357 243,029 47,179 2,380 - 852,898 Total loans receivable $ 349,726 $ 46,547 $ 181,850 $ 246,398 $ 48,126 $ 2,380 $ - $ 875,027
Past Due Financing Receivables [Table Text Block]	(dollars in thousands) 30-59 Days Past 60-89 Days Past Greater Total Past Due Current Total Loans Loans Receivable > 90 Days and Accruing At September 30 , 201 6 Commercial real estate $ - $ 12 $ 13,280 $ 13,292 $ 363,174 $ 376,466 $ - Construction and land development - - 56 56 48,927 48,983 - Commercial and industrial - 747 3,149 3,896 182,230 186,126 - Owner occupied real estate - - 1,874 1,874 266,561 268,435 - Consumer and other - 22 995 1,017 57,563 58,580 16 Residential mortgage - - 137 137 6,772 6,909 137 Total $ - $ 781 $ 19,491 $ 20,272 $ 925,227 $ 945,499 $ 153 (dollars in thousands) 30-59 Days Past 60-89 Days Past Greater Total Past Due Current Total Loans Loans Receivable > 90 Days and Accruing At December 31, 201 5 Commercial real estate $ - $ 7,657 $ 5,913 $ 13,570 $ 336,156 $ 349,726 $ - Construction and land development - - 117 117 46,430 46,547 - Commercial and industrial 1,661 997 3,156 5,814 176,036 181,850 - Owner occupied real estate 800 469 2,894 4,163 242,235 246,398 - Consumer and other 285 192 542 1,019 47,107 48,126 - Residential mortgage 132 - - 132 2,248 2,380 - Total $ 2,878 $ 9,315 $ 12,622 $ 24,815 $ 850,212 $ 875,027 $ -
Financing Receivable Credit Quality Indicators [Table Text Block]	(dollars in thousands) Pass Special Mention Substandard Doubtful Total At September 30, 2 016 : Commercial real estate $ 361,806 $ 887 $ 13,773 $ - $ 376,466 Construction and land development 48,927 - 56 - 48,983 Commercial and industrial 180,836 56 3,805 1,429 186,126 Owner occupied real estate 265,904 - 2,531 - 268,435 Consumer and other 57,196 - 1,384 - 58,580 Residential mortgage 6,909 - - - 6,909 Total $ 921,578 $ 943 $ 21,549 $ 1,429 $ 945,499 (dollars in thousands) Pass Special Mention Substandard Doubtful Total At December 31, 2015 : Commercial real estate $ 329,567 $ 7,956 $ 12,203 $ - $ 349,726 Construction and land development 46,430 - 117 - 46,547 Commercial and industrial 176,132 225 4,064 1,429 181,850 Owner occupied real estate 242,560 469 3,369 - 246,398 Consumer and other 47,104 75 947 - 48,126 Residential mortgage 2,380 - - - 2,380 Total $ 844,173 $ 8,725 $ 20,700 $ 1,429 $ 875,027
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	(dollars in thousands) September 30, 2016 December 31, 2015 Commercial real estate $ 13,280 $ 5,913 Construction and land development 56 117 Commercial and industrial 3,149 3,156 Owner occupied real estate 1,874 2,894 Consumer and other 979 542 Residential mortgage - - Total $ 19,338 $ 12,622
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	(dollars in thousands) Number of Loans Accrual Status Non- Accrual Status Total TDRs September 30, 201 6 Commercial real estate 1 $ 5,697 $ - $ 5,697 Construction and land development - - - - Commercial and industrial 2 234 349 583 Owner occupied real estate - - - - Consumer and other - - - - Residential mortgage - - - - Total 3 $ 5,931 $ 349 $ 6,280 December 31, 201 5 Commercial real estate 1 $ 5,778 $ - $ 5,778 Construction and land development - - - - Commercial and industrial 2 252 935 1,187 Owner occupied real estate 1 - 1,825 1,825 Consumer and other - - - - Residential mortgage - - - - Total 4 $ 6,030 $ 2,760 $ 8,790

Note 7 - Fair Value of Financ25

Note 7 - Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	(dollars in thousands) Total (Level 1) Quoted Prices (Level 2) Significant (Level 3) Significant Unobservable September 3 0 , 2016 Assets: Collateralized mortgage obligations $ 200,396 $ - $ 200,396 $ - Agency mortgage-backed securities 11,686 - 11,686 - Municipal securities 24,442 - 24,442 - Corporate bonds 45,428 - 42,495 2,933 Asset-backed securities 15,717 - 15,717 - Trust Preferred Securities 1,691 - - 1,691 Other securities 25 - 25 - Securities Available for Sale $ 299,385 $ - $ 294,761 $ 4,624 Mortgage Loans Held for Sale $ 26,865 $ - $ 26,865 $ - SBA Servicing Assets $ 5,297 $ - $ - $ 5,297 Interest Rate Lock Commitments $ 1,027 $ - $ 1,027 $ - Liabilities: Interest Rate Lock Commitments $ 9 $ - $ 9 $ - Best Efforts Forward Loan Sales Commitments $ 377 $ - $ 377 $ - Mandatory Forward Loan Sales Commitments $ 294 $ - $ 294 $ - December 31, 2015 Assets: Collateralized mortgage obligations $ 178,145 $ - $ 178,145 $ - Agency mortgage-backed securities 10,171 - 10,171 - Municipal securities 23,344 - 23,344 - Corporate bonds 54,129 - 51,295 2,834 Asset-backed securities 17,005 - 17,005 - Trust Preferred Securities 1,883 - - 1,883 Other securities 118 - 118 - Securities Available for Sale $ 284,795 $ - $ 280,078 $ 4,717 SBA Servicing Assets $ 4,886 - - $ 4,886
Schedule of Servicing Assets at Fair Value [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 201 6 201 5 201 6 201 5 Beginning balance $ 5,118 $ 4,319 $ 4,886 $ 4,099 Additions 503 227 1,305 672 Fair value adjustments (324 ) (372 ) (894 ) (597 ) Ending balance $ 5,297 $ 4,174 $ 5,297 $ 4,174
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Three Months Ended September 30, 201 6 Three Months Ended September 30, 201 5 Level 3 Investments Only (dollars in thousands) Trust Corporate Trust Corporate Balance, July 1st $ 1,755 $ 2,870 $ 2,006 $ 2,684 Unrealized gains (losses) (62 ) 63 220 17 Paydowns - - - - Proceeds from sales - - (414 ) - Realized losses - - (142 ) - Impairment charges on Level 3 (2 ) - - - Balance, September 30th $ 1,691 $ 2,933 $ 1,670 $ 2,701 Nine Months Ended September 30, 201 6 Nine Months Ended September 30, 201 5 Level 3 Investments Only (dollars in thousands) Trust Corporate Trust Corporate Balance, January 1st $ 1,883 $ 2,834 $ 3,193 $ 3,005 Unrealized gains (losses) (185 ) 99 669 (304 ) Paydowns - - (19 ) - Proceeds from sales - - (1,952 ) - Realized losses - - (218 ) - Impairment charges on Level 3 (7 ) - (3 ) - Balance, September 30th $ 1,691 $ 2,933 $ 1,670 $ 2,701
Fair Value Measurements, Nonrecurring [Table Text Block]	(dollars in thousands) Total (Level 1) Quoted Prices in Active Markets (Level 2) Significant Other Observable (Level 3) Significant Unobservable September 30, 2016: Impaired loans $ 9,331 $ - $ - $ 9,331 Other real estate owned 8,593 - - 8,593 December 31, 2015: Impaired loans $ 5,734 $ - $ - $ 5,734 Other real estate owned 10,034 - - 10,034
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	Quantitative Information about Level 3 Fair Value Measurements Asset Description Fair Value Valuation Technique Unobservable Input Range Weighted September 30, 2016 Corporate bonds $ 2,933 Discounted Cash Flows Discount Rate (4.35%) Trust preferred securities $ 1,691 Discounted Cash Flows Discount Rate 8.45% - 8.95% (8.68%) Conditional Prepayment Rate (6.16%) SBA servicing assets $ 5,297 Discounted Cash Flows Discount Rate (10.00%) Liquidation expenses (2) 4% - 76% (15%) (3) Impaired loans $ 9,331 Appraised Value of Collateral (1) Appraisal adjustment (2) (0%) (3) Liquidation expenses (2) 7% - 27% (12%) (3) Appraised Value of Collateral (1) Appraisal adjustment (2) (0%) (3) Other real estate owned $ 8,593 Sales Price Liquidation expenses (2) (7%) (3) December 31, 2015 Corporate bonds $ 2,834 Discounted Cash Flows Discount Rate (4.11%) Trust preferred securities $ 1,883 Discounted Cash Flows Discount Rate 7.31% - 7.81% (7.77%) Conditional Prepayment Rate (6.27%) SBA servicing assets $ 4,886 Discounted Cash Flows Discount Rate (10.00%) Impaired loans $ 5,734 Appraised Value of Collateral (1) Liquidation expenses (2) 12% - 78% (20%) (3) Liquidation expenses (2) 6% - 30% (10%) (3) Appraised Value of Collateral (1) Appraisal adjustment (2) (50%) (3) Other real estate owned $ 10,034 Sales Price Liquidation expenses (2) 7% - 9% (9%) (3)
Fair Value, Option, Quantitative Disclosures [Table Text Block]	Mortgage loans held for sale Carrying Amount Aggregate Unpaid Principal Balance Excess Carrying Amount Over Aggregate Unpaid Principal Balance September 30, 2016 $ 26,865 $ 25,726 $ 1,139
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets [Table Text Block]	(dollars in thousands) September 3 0 , 2016 December 31, 2015 SBA Servicing Asset Fair Value of SBA Servicing Asset $ 5,297 $ 4,886 Composition of SBA Loans Serviced for Others Fixed-rate SBA loans 0 % 0 % Adjustable-rate SBA loans 100 % 100 % Total 100 % 100 % Weighted Average Remaining Term (in years) 21.2 20.9 Prepayment Speed 6.16 % 6.27 % Effect on fair value of a 10% increase $ (162 ) $ (151 ) Effect on fair value of a 20% increase (318 ) (296 ) Weighted Average Discount Rate 10.00 % 10.00 % Effect on fair value of a 10% increase $ (223 ) $ (206 ) Effect on fair value of a 20% increase (429 ) (397 )
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at September 30, 2016 (dollars in thousands) Carrying Fair Value Quoted Prices in Active Markets (Level 1) Significant Other Observable (Level 2) Significant Unobservable (Level 3) Balance Sheet Data Financial assets: Cash and cash equivalents $ 150,041 $ 150,041 $ 150,041 $ - $ - Investment securities available for sale 299,385 299,385 - 294,761 4,624 Investment securities held to maturity 220,470 223,247 - 223,247 - Restricted stock 1,366 1,366 - 1,366 - Loans held for sale 29,715 29,715 - 26,865 2,850 Loans receivable, net 936,088 917,242 - - 917,242 SBA servicing assets 5,297 5,297 - - 5,297 Accrued interest receivable 4,588 4,588 - 4,588 - Interest rate lock commitments 1,027 1,027 - 1,027 - Financial liabilities: Deposits Demand, savings and money market $ 1,473,105 $ 1,473,105 $ - $ 1,473,105 $ - Time 109,127 109,172 - 109,172 - Subordinated debt 22,476 18,257 - - 18,257 Accrued interest payable 339 339 - 339 - Interest rate lock commitments 9 9 9 Best efforts forward loan sales commitments 377 377 377 Mandatory forward loan sales commitments 294 294 294 Off-Balance Sheet Data Commitments to extend credit - - - - Standby letters-of-credit - - - - Fair Value Measurements at December 31, 2015 (dollars in thousands) Carrying Fair Value Quoted Prices in Active Markets (Level 1) Significant Other Observable (Level 2) Significant Unobservable (Level 3) Balance Sheet Data Financial assets: Cash and cash equivalents $ 27,139 $ 27,139 $ 27,139 $ - $ - Investment securities available for sale 284,795 284,795 - 280,078 4,717 Investment securities held to maturity 172,277 171,845 - 171,845 - Restricted stock 3,059 3,059 - 3,059 - Loans held for sale 3,653 3,831 - - 3,831 Loans receivable, net 866,066 849,578 - - 849,578 SBA servicing assets 4,886 4,886 - - 4,886 Accrued interest receivable 4,216 4,216 - 4,216 - Financial liabilities: Deposits Demand, savings and money market $ 1,181,720 $ 1,181,720 $ - $ 1,181,720 $ - Time 67,578 67,422 - 67,422 - Short-term borrowings 47,000 47,000 - 47,000 - Subordinated debt 22,476 18,972 - - 18,972 Accrued interest payable 245 245 - 245 - Off-Balance Sheet Data - - - - - Commitments to extend credit - - - - - Standby letters-of-credit

Note 8 - Changes in Accumulat26

Note 8 - Changes in Accumulated Other Comprehensive Income (Loss) By Component (1) (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Unrealized Gains (Losses) on Available- Unrealized Holding Total (dollars in thousands) Balance January 1, 2016 $ (2,562 ) $ (603 ) $ (3,165 ) Unrealized gain on securities 2,170 - 2,170 Amounts reclassified from accumulated other comprehensive income to net income (2) (416 ) 85 (331 ) Net current-period other comprehensive income 1,754 85 1,839 Balance September 30, 2016 $ (808 ) $ (518 ) $ (1,326 ) Balance January 1, 2015 $ 82 $ (714 ) $ (632 ) Unrealized loss on securities (460 ) - (460 ) Amounts reclassified from accumulated other comprehensive income to net income (2) (45 ) 82 37 Net current-period other comprehensive income (loss) (505 ) 82 (423 ) Balance September 30, 2015 $ (423 ) $ (632 ) $ (1,055 ) Balance January 1, 2015 $ 82 $ (714 ) $ (632 ) Unrealized loss on securities (2,577 ) - (2,577 ) Amounts reclassified from accumulated other comprehensive income to net income (2) (67 ) 111 44 Net current-period other comprehensive income (loss) (2,644 ) 111 (2,533 ) Balance December 31, 2015 $ (2,562 ) $ (603 ) $ (3,165 )

Note 9 - Business Combination (

Note 9 - Business Combination (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	Consideration paid : Cash $ 7,136 Equity instruments 202 Deferred additional purchase price 500 Value of consideration $ 7,838 Assets acquired : Cash and cash equivalents $ 1,223 Loans held for sale 20,871 Loans receivable 1,132 Premises and equipment 103 Derivative assets 1,508 Intangible assets – non complete agreements 104 Other assets 125 Total assets 25,066 Liabilities assumed : Warehouse lines of credit 19,666 Derivative liabilities 412 Other liabilities 2,042 Total liabilities 22,120 Net assets acquired 2,946 Goodwill resulting from acquisition of Oak Mortgage $ 4,892
Business Acquisition, Pro Forma Information [Table Text Block]	Nine Months Ended September 30 , 201 6 201 5 Total revenues $ 52,610 $ 44,238 Net income $ 4,462 $ 3,569

Note 10 - Goodwill and Other 28

Note 10 - Goodwill and Other Intangibles (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	(dollars in thousands) Balance December 31, 2015 Additions/ Adjustments Amortization Balance September 30, 2016 Amortization Period (in years) Goodwill $ - $ 4,892 $ - $ 4,892 Indefinite Non-compete agreements - 104 (17 ) 87 1 Total $ - $ 4,996 $ (17 ) $ 4,979

Note 11 - Derivatives and Ris29

Note 11 - Derivatives and Risk Management Activities (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Position [Table Text Block]	September 30, 201 6 Balance Sheet Presentation Fair Value Notional Amount Asset derivatives: IRLC’s Other Assets $ 1,027 $ 36,090 Best efforts forward loan sales commitments Other Assets - 546 Mandatory forward loan sales commitments Other Assets - 164 Liability derivatives: IRLC’s Other Liabilities $ 9 $ 1,502 Best efforts forward loan sales commitments Other Liabilities 377 37,046 Mandatory forward loan sales commitments Other Liabilities 294 25,525
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance [Table Text Block]	Nine Months Ended September 30, 2016 Income Statement Presentation Gain/(Loss) Asset derivatives: IRLC’s Loan advisory and servicing fees $ (454 ) Best efforts forward loan sales commitments Loan advisory and servicing fees (26 ) Mandatory forward loan sales commitments Loan advisory and servicing fees - Liability derivatives: IRLC’s Other operating expense $ 14 Best efforts forward loan sales commitments Other operating expense 11 Mandatory forward loan sales commitments Other operating expense (294 )

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual)	Sep. 30, 2016
Number of Wholly Owned Subsidiary	1
Number of Unconsolidated Subsidiaries	3
Number of Trust Preferred Securities Issued	3

Note 2 - Summary of Significa31

Note 2 - Summary of Significant Accounting Policies (Details Textual) - USD ($)		Apr. 29, 2014	Sep. 30, 2016	Sep. 30, 2015
The 2005 Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			1 year
The 2005 Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			4 years
The 2005 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			1,500,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			10 years
The 2014 Republic First Bancorp, Inc. Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			4,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		2,600,000
Minimum Percentage of Outstanding Shares as Annual Adjustment		10.00%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			653,250
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value, Amount			$ 1,174,320
Stock Options and Restricted Stock Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			1 year
Stock Options and Restricted Stock Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			4 years
Stock Options and Restricted Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			10 years
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Term			5 years 182 days
Treasury Bond Term On Which Risk Free Interest Rate is Based			5 years
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Term			7 years
Treasury Bond Term On Which Risk Free Interest Rate is Based			7 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	[1]		0.00%	0.00%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares			487,550	349,062
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number			2,480,550
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value			$ 1,652,149
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number			1,164,074
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value			$ 1,081,116
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			80,375	500
Proceeds from Stock Options Exercised			$ 226,271	$ 1,345
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period			38,550	16,369
Share-based Compensation Arrangement by Share-based Payment Award, Options, Options Forfeited, Weighted Average Grant Date Fair Value, Amount			$ 55,920	$ 21,331
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options			$ 1,284,071	$ 1,034,337
[1]	A dividend yield of 0.0% is utilized because cash dividends have never been paid.

Note 2 - Summary of Significa32

Note 2 - Summary of Significant Accounting Policies - Valuation Assumptions (Details)		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015
Minimum [Member]
Expected volatility(2)	[1]	46.38%	53.78%
Risk-free interest rate(3)	[2]	1.23%	1.49%
Expected life(4) (years)	[3]	5 years 182 days	5 years 182 days
Maximum [Member]
Expected volatility(2)	[1]	52.54%	56.00%
Risk-free interest rate(3)	[2]	1.82%	2.00%
Expected life(4) (years)	[3]	7 years	7 years
Dividend yield(1)	[4]	0.00%	0.00%
Assumed forfeiture rate		10.00%	19.00%
[1]	Expected volatility is based on Bloombergs's five and one-half to seven year volatility calculation for "FRBK" stock.
[2]	The risk-free interest rate is based on the five to seven year Treasury bond.
[3]	The expected life reflects a 1 to 4 year vesting period, the maximum ten year term and review of historical behavior.
[4]	A dividend yield of 0.0% is utilized because cash dividends have never been paid.

Note 2 - Summary of Significa33

Note 2 - Summary of Significant Accounting Policies - Stock-based Compensation (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Stock based compensation expense recognized	$ 764,000	$ 441,000
Number of unvested stock options (in shares)	1,316,476	1,185,151
Fair value of unvested stock options	$ 2,608,986	$ 1,908,205
Amount remaining to be recognized as expense	$ 1,284,071	$ 1,034,337

Note 2 - Summary of Significa34

Note 2 - Summary of Significant Accounting Policies - Calculation of EPS (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Net income (basic and diluted)	$ 1,340	$ 582	$ 3,448	$ 1,643
Weighted average shares outstanding (in shares)	37,916	37,816	37,879	37,816
Basic (in dollars per share)	$ 0.04	$ 0.02	$ 0.09	$ 0.04
Weighted average shares outstanding (including dilutive CSEs) (in shares)	38,375	38,064	38,355	38,052
Diluted (in dollars per share)	$ 0.03	$ 0.02	$ 0.09	$ 0.04

Note 2 - Summary of Significa35

Note 2 - Summary of Significant Accounting Policies - Anti-dilutive Securities (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Employee Stock Option [Member]
Anti-dilutive securities (in shares)	2,022	1,735	2,005	1,747
Convertible Debt Securities [Member]
Anti-dilutive securities (in shares)	1,662	1,662	1,662	1,662
Anti-dilutive securities (in shares)	3,684	3,397	3,667	3,409

Note 4 - Segment Reporting (Det

Note 4 - Segment Reporting (Details Textual)	9 Months Ended
	Sep. 30, 2016
Number of Reportable Segments	1

Note 5 - Investment Securitie37

Note 5 - Investment Securities (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Number of Securities in Investment Portfolio	0		0		0
Collateralized Mortgage Obligations [Member]
Number of Securities in Investment Portfolio	0		0		0
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	19		19
US Government Agencies Debt Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	3		3
Collateralized Mortgage Backed Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	3		3
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	1		1
Asset-backed Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	2		2
Corporate Debt Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	6		6
Proceeds from Sale of Available-for-sale Securities	$ 0	$ 2,600,000	$ 78,582,000	$ 6,672,000
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Additions, Additional Credit Losses	2,000	0	7,000	3,000
Securities, Continuous Loss Position, Accumulated Loss	4,100,000		4,100,000		$ 6,300,000
Securities, Continuous Unrealized Loss Position, Fair Value	$ 185,100,000		185,100,000		$ 262,700,000
Available-for-sale Securities, Gross Realized Gains		206,000	680,000	361,000
Available-for-sale Securities, Gross Realized Losses		142,000	24,000	288,000
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax		$ 23,000	$ 235,000	$ 26,000

Note 5 - Investment Securitie38

Note 5 - Investment Securities - Unrealized Gain (Loss) on Investments (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Collateralized Mortgage Obligations [Member]
Investment securities available for sale, at amortized cost	$ 199,622,000	$ 180,795,000
Investment securities available for sale, gross unrealized gains	1,414,000	523,000
Investment securities available for sale, gross unrealized losses	(640,000)	(3,173,000)
Investment securities available for sale, at fair value	200,396,000	178,145,000
Investment securities held to maturity, at amortized cost	155,098,000	146,458,000
Investment securities held to maturity, gross unrealized gains	2,396,000	402,000
Investment securities held to maturity, gross unrealized losses	(219,000)	(780,000)
Investment securities held to maturity, at fair value	157,275,000	146,080,000
Collateralized Mortgage Backed Securities [Member]
Investment securities available for sale, at amortized cost	11,632,000	10,073,000
Investment securities available for sale, gross unrealized gains	73,000	176,000
Investment securities available for sale, gross unrealized losses	(19,000)	(78,000)
Investment securities available for sale, at fair value	11,686,000	10,171,000
Investment securities held to maturity, at amortized cost	35,884,000	7,732,000
Investment securities held to maturity, gross unrealized gains	348,000
Investment securities held to maturity, gross unrealized losses		(21,000)
Investment securities held to maturity, at fair value	36,232,000	7,711,000
US States and Political Subdivisions Debt Securities [Member]
Investment securities available for sale, at amortized cost	23,383,000	22,814,000
Investment securities available for sale, gross unrealized gains	1,067,000	562,000
Investment securities available for sale, gross unrealized losses	(8,000)	(32,000)
Investment securities available for sale, at fair value	24,442,000	23,344,000
Corporate Debt Securities [Member]
Investment securities available for sale, at amortized cost	46,737,000	54,294,000
Investment securities available for sale, gross unrealized gains	32,000	135,000
Investment securities available for sale, gross unrealized losses	(1,341,000)	(300,000)
Investment securities available for sale, at fair value	45,428,000	54,129,000
Asset-backed Securities [Member]
Investment securities available for sale, at amortized cost	16,183,000	17,631,000
Investment securities available for sale, gross unrealized gains
Investment securities available for sale, gross unrealized losses	(466,000)	(626,000)
Investment securities available for sale, at fair value	15,717,000	17,005,000
Collateralized Debt Obligations [Member]
Investment securities available for sale, at amortized cost	3,063,000	3,070,000
Investment securities available for sale, gross unrealized gains
Investment securities available for sale, gross unrealized losses	(1,372,000)	(1,187,000)
Investment securities available for sale, at fair value	1,691,000	1,883,000
Other Debt Obligations [Member]
Investment securities available for sale, at amortized cost	25,000	115,000
Investment securities available for sale, gross unrealized gains		3,000
Investment securities available for sale, gross unrealized losses
Investment securities available for sale, at fair value	25,000	118,000
Investment securities held to maturity, at amortized cost	1,020,000	1,020,000
Investment securities held to maturity, gross unrealized gains
Investment securities held to maturity, gross unrealized losses
Investment securities held to maturity, at fair value	1,020,000	1,020,000
US Government Agencies Debt Securities [Member]
Investment securities held to maturity, at amortized cost	28,468,000	17,067,000
Investment securities held to maturity, gross unrealized gains	310,000	39,000
Investment securities held to maturity, gross unrealized losses	(58,000)	(72,000)
Investment securities held to maturity, at fair value	28,720,000	17,034,000
Investment securities available for sale, at amortized cost	300,645,000	288,792,000
Investment securities available for sale, gross unrealized gains	2,586,000	1,399,000
Investment securities available for sale, gross unrealized losses	(3,846,000)	(5,396,000)
Investment securities available for sale, at fair value	299,385,000	284,795,000
Investment securities held to maturity, at amortized cost	220,470,000	172,277,000
Investment securities held to maturity, gross unrealized gains	3,054,000	441,000
Investment securities held to maturity, gross unrealized losses	(277,000)	(873,000)
Investment securities held to maturity, at fair value	$ 223,247,000	$ 171,845,000

Note 5 - Investment Securitie39

Note 5 - Investment Securities - Investment Securities by Contractual Maturity (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Collateralized Mortgage Obligations [Member]
No specific maturity date, available for sale, amortized cost	$ 199,622,000
No specific maturity date, available for sale, fair value	200,396,000
No specific maturity date, held to maturity, amortized cost	155,098,000
No specific maturity date, held to maturity, fair value	157,275,000
Total, held to maturity, amortized cost	155,098,000	$ 146,458,000
Total, held to maturity, fair value	157,275,000	146,080,000
Collateralized Mortgage Backed Securities [Member]
No specific maturity date, available for sale, amortized cost	11,632,000
No specific maturity date, available for sale, fair value	11,686,000
No specific maturity date, held to maturity, amortized cost	35,884,000
No specific maturity date, held to maturity, fair value	36,232,000
Total, held to maturity, amortized cost	35,884,000	7,732,000
Total, held to maturity, fair value	36,232,000	7,711,000
Due in 1 year or less, available for sale, amortized cost	675,000
Due in 1 year or less, available for sale, fair value	677,000
Due in 1 year or less, held to maturity, amortized cost
Due in 1 year or less, held to maturity, fair value
After 1 year to 5 years, available for sale, amortized cost	12,096,000
After 1 year to 5 years, available for sale, fair value	12,260,000
After 1 year to 5 years, held to maturity, amortized cost	4,651,000
After 1 year to 5 years, held to maturity, fair value	4,640,000
After 5 years to 10 years, available for sale, amortized cost	53,126,000
After 5 years to 10 years, available for sale, fair value	51,671,000
After 5 years to 10 years, held to maturity, amortized cost	24,837,000
After 5 years to 10 years, held to maturity, fair value	25,100,000
After 10 years, available for sale, amortized cost	23,494,000
After 10 years, available for sale, fair value	22,695,000
After 10 years, held to maturity, amortized cost
After 10 years, held to maturity, fair value
Total, available for sale, amortized cost	300,645,000
Total, available for sale, fair value	299,385,000
Total, held to maturity, amortized cost	220,470,000	172,277,000
Total, held to maturity, fair value	$ 223,247,000	$ 171,845,000

Note 5 - Investment Securitie40

Note 5 - Investment Securities - Credit-related Impairment Losses on Securities (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Beginning Balance	$ 935,000	$ 1,400,000	$ 930,000	$ 3,966,000
Additional credit-related impairment loss on securities for which an other-than-temporary impairment was previously recognized	2,000	0	7,000	3,000
Reductions for securities paid off during the period	0	0	0	0
Reductions for securities sold during the period	0	(470,000)	0	(3,039,000)
Reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the Company intends to sell the security	0	0	0	0
Ending Balance	$ 937,000	$ 930,000	$ 937,000	$ 930,000

Note 5 - Investment Securitie41

Note 5 - Investment Securities - Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Collateralized Mortgage Obligations [Member]
Available for sale securities in a continuous unrealized loss position, less than 12 months, fair value	$ 76,185	$ 116,161
Available for sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	573	3,173
Available for sale securities in a continuous unrealized loss position, 12 months or more, fair value	8,199
Available for sale securities in a continuous unrealized loss position, 12 months or more, unrealized losses	67
Available for sale securities in a continuous unrealized loss position, fair value	84,384	116,161
Available for sale securities in a continuous unrealized loss position, unrealized losses	640	3,173
Held to maturity securities in a continuous unrealized loss position, less than 12 months, fair value	26,469	68,888
Held to maturity securities in a continuous unrealized loss position, less than 12 months, unrealized losses	219	732
Held to maturity securities in a continuous unrealized loss position, 12 months or more, fair value		15,956
Held to maturity securities in a continuous unrealized loss position, 12 months or more, unrealized losses		48
Held to maturity securities in a continuous unrealized loss position, fair value	26,469	84,844
Held to maturity securities in a continuous unrealized loss position, unrealized losses	219	780
US Government Agencies Debt Securities [Member]
Held to maturity securities in a continuous unrealized loss position, less than 12 months, fair value	7,067	11,954
Held to maturity securities in a continuous unrealized loss position, less than 12 months, unrealized losses	47	72
Held to maturity securities in a continuous unrealized loss position, 12 months or more, fair value	3,621
Held to maturity securities in a continuous unrealized loss position, 12 months or more, unrealized losses	11
Held to maturity securities in a continuous unrealized loss position, fair value	10,688	11,954
Held to maturity securities in a continuous unrealized loss position, unrealized losses	58	72
Collateralized Mortgage Backed Securities [Member]
Available for sale securities in a continuous unrealized loss position, less than 12 months, fair value	2,584	2,389
Available for sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	14	14
Available for sale securities in a continuous unrealized loss position, 12 months or more, fair value	3,432	5,502
Available for sale securities in a continuous unrealized loss position, 12 months or more, unrealized losses	5	64
Available for sale securities in a continuous unrealized loss position, fair value	6,016	7,891
Available for sale securities in a continuous unrealized loss position, unrealized losses	19	78
Held to maturity securities in a continuous unrealized loss position, less than 12 months, fair value		7,711
Held to maturity securities in a continuous unrealized loss position, less than 12 months, unrealized losses		21
Held to maturity securities in a continuous unrealized loss position, 12 months or more, fair value
Held to maturity securities in a continuous unrealized loss position, 12 months or more, unrealized losses
Held to maturity securities in a continuous unrealized loss position, fair value		7,711
Held to maturity securities in a continuous unrealized loss position, unrealized losses		21
US States and Political Subdivisions Debt Securities [Member]
Available for sale securities in a continuous unrealized loss position, less than 12 months, fair value	486	886
Available for sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	8	15
Available for sale securities in a continuous unrealized loss position, 12 months or more, fair value		1,814
Available for sale securities in a continuous unrealized loss position, 12 months or more, unrealized losses		17
Available for sale securities in a continuous unrealized loss position, fair value	486	2,700
Available for sale securities in a continuous unrealized loss position, unrealized losses	8	32
Corporate Debt Securities [Member]
Available for sale securities in a continuous unrealized loss position, less than 12 months, fair value	28,859	9,583
Available for sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	1,142	258
Available for sale securities in a continuous unrealized loss position, 12 months or more, fair value	10,796	2,952
Available for sale securities in a continuous unrealized loss position, 12 months or more, unrealized losses	199	42
Available for sale securities in a continuous unrealized loss position, fair value	39,655	12,535
Available for sale securities in a continuous unrealized loss position, unrealized losses	1,341	300
Asset-backed Securities [Member]
Available for sale securities in a continuous unrealized loss position, less than 12 months, fair value		17,005
Available for sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses		626
Available for sale securities in a continuous unrealized loss position, 12 months or more, fair value	15,717
Available for sale securities in a continuous unrealized loss position, 12 months or more, unrealized losses	466
Available for sale securities in a continuous unrealized loss position, fair value	15,717	17,005
Available for sale securities in a continuous unrealized loss position, unrealized losses	466	626
Collateralized Debt Obligations [Member]
Available for sale securities in a continuous unrealized loss position, less than 12 months, fair value
Available for sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses
Available for sale securities in a continuous unrealized loss position, 12 months or more, fair value	1,691	1,883
Available for sale securities in a continuous unrealized loss position, 12 months or more, unrealized losses	1,372	1,187
Available for sale securities in a continuous unrealized loss position, fair value	1,691	1,883
Available for sale securities in a continuous unrealized loss position, unrealized losses	1,372	1,187
Available for sale securities in a continuous unrealized loss position, less than 12 months, fair value	108,114	146,024
Available for sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	1,737	4,086
Available for sale securities in a continuous unrealized loss position, 12 months or more, fair value	39,835	12,151
Available for sale securities in a continuous unrealized loss position, 12 months or more, unrealized losses	2,109	1,310
Available for sale securities in a continuous unrealized loss position, fair value	147,949	158,175
Available for sale securities in a continuous unrealized loss position, unrealized losses	3,846	5,396
Held to maturity securities in a continuous unrealized loss position, less than 12 months, fair value	33,536	88,553
Held to maturity securities in a continuous unrealized loss position, less than 12 months, unrealized losses	266	825
Held to maturity securities in a continuous unrealized loss position, 12 months or more, fair value	3,621	15,956
Held to maturity securities in a continuous unrealized loss position, 12 months or more, unrealized losses	11	48
Held to maturity securities in a continuous unrealized loss position, fair value	37,157	104,509
Held to maturity securities in a continuous unrealized loss position, unrealized losses	$ 277	$ 873

Note 5 - Investment Securitie42

Note 5 - Investment Securities - Trust Preferred Securities (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
TPREF Funding II [Member]
Class / Tranche	Class B Notes
Amortized Cost	$ 725,000
Investment securities available for sale, at fair value	377,000
Unrealized Losses	$ (348,000)
Lowest Credit Rating Assigned	C
Number of Banks Currently Performing	19
Deferrals / Defaults as % of Current Balance	37.00%
Conditional Default Rates for 2015 and beyond	0.42%
Cumulative OTTI Life to Date	$ 274,000
TPREF Funding III [Member]
Class / Tranche	Class B2 Notes
Amortized Cost	$ 1,518,000
Investment securities available for sale, at fair value	804,000
Unrealized Losses	$ (714,000)
Lowest Credit Rating Assigned	C
Number of Banks Currently Performing	15
Deferrals / Defaults as % of Current Balance	32.00%
Conditional Default Rates for 2015 and beyond	0.43%
Cumulative OTTI Life to Date	$ 483,000
ALESCO Preferred Funding V [Member]
Class / Tranche	Class C1 Notes
Amortized Cost	$ 820,000
Investment securities available for sale, at fair value	510,000
Unrealized Losses	$ (310,000)
Lowest Credit Rating Assigned	C
Number of Banks Currently Performing	42
Deferrals / Defaults as % of Current Balance	14.00%
Conditional Default Rates for 2015 and beyond	0.41%
Cumulative OTTI Life to Date	$ 180,000
Collateralized Debt Obligations [Member]
Amortized Cost	3,063,000		$ 3,070,000
Investment securities available for sale, at fair value	1,691,000		1,883,000
Unrealized Losses	$ (1,372,000)		(1,187,000)
Number of Banks Currently Performing	76
Deferrals / Defaults as % of Current Balance	27.00%
Conditional Default Rates for 2015 and beyond
Cumulative OTTI Life to Date	$ 937,000
Amortized Cost	300,645,000		288,792,000
Investment securities available for sale, at fair value	299,385,000		284,795,000
Unrealized Losses	(3,846,000)		(5,396,000)
Cumulative OTTI Life to Date	$ 937,000	$ 935,000	$ 930,000	$ 930,000	$ 1,400,000	$ 3,966,000

Note 6 - Loans Receivable and43

Note 6 - Loans Receivable and Allowance for Loan Losses (Details Textual)	3 Months Ended			4 Months Ended	9 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)
Commercial Portfolio Segment [Member] | Modified Commercial and Industrial Loan [Member]
Proceeds from Loans			$ 350,000
Loans Receivable Transitioned to Other Assets, Amount				$ 850,000
Other Assets	$ 586,000				$ 586,000
Commercial Portfolio Segment [Member]
Financing Receivable, Modifications, Number of Contracts						1
Financing Receivable, Modifications, Pre-Modification Recorded Investment						$ 1,200,000
Financing Receivable, Modifications, Post-Modification Recorded Investment						1,200,000
Residential Portfolio Segment [Member]
Real Estate Acquired Through Foreclosure	126,000			193,000	126,000
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 271,000	$ 110,000			$ 784,000	$ 573,000
Financing Receivable, Modifications, Number of Contracts	0				0
Other Assets	$ 21,986,000			20,761,000	$ 21,986,000
Real Estate Acquired Through Foreclosure	$ 10,271,000			11,313,000	$ 10,271,000
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0				0	1
Mortgage Loans in Process of Foreclosure, Amount	$ 0			$ 0	$ 0

Note 6 - Loans Receivable and44

Note 6 - Loans Receivable and Allowances for Loan Losses - Gross Loans by Major Categories (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Commercial Real Estate Portfolio Segment [Member]
Loans receivable	$ 376,466,000	$ 349,726,000
Construction and Land Development Portfolio Segment [Member]
Loans receivable	48,983,000	46,547,000
Commercial Portfolio Segment [Member]
Loans receivable	186,126,000	181,850,000
Owner Occupied Real Estate [Member]
Loans receivable	268,435,000	246,398,000
Consumer Portfolio Segment [Member]
Loans receivable	58,580,000	48,126,000
Residential Portfolio Segment [Member]
Loans receivable	6,909,000	2,380,000
Loans receivable	945,499,000	875,027,000
Deferred costs (fees)	42,000	(258,000)
Allowance for loan losses	(9,453,000)	(8,703,000)
Net loans receivable	$ 936,088,000	$ 866,066,000

Note 6 - Loans Receivable and45

Note 6 - Loans Receivable and Allowances for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Commercial Real Estate Portfolio Segment [Member]
With no related allowance - Recorded investment	$ 12,305	$ 11,692
With no related allowance - Unpaid principal balance	12,307	11,730
With related allowance - Recorded investment	7,165	511
With related allowance - Unpaid principal balance	7,179	511
Related allowance	1,290	47
Recorded investment	19,470	12,203
Unpaid principal balance	19,486	12,241
Construction and Land Development Portfolio Segment [Member]
With no related allowance - Recorded investment		117
With no related allowance - Unpaid principal balance		2,208
With related allowance - Recorded investment	56
With related allowance - Unpaid principal balance	2,050
Related allowance	56
Recorded investment	56	117
Unpaid principal balance	2,050	2,208
Commercial Portfolio Segment [Member]
With no related allowance - Recorded investment	1,515	2,381
With no related allowance - Unpaid principal balance	2,648	3,683
With related allowance - Recorded investment	3,719	3,112
With related allowance - Unpaid principal balance	6,385	5,779
Related allowance	1,799	1,111
Recorded investment	5,234	5,493
Unpaid principal balance	9,033	9,462
Owner Occupied Real Estate [Member]
With no related allowance - Recorded investment	672	507
With no related allowance - Unpaid principal balance	685	507
With related allowance - Recorded investment	1,859	2,862
With related allowance - Unpaid principal balance	1,860	2,876
Related allowance	544	1,059
Recorded investment	2,531	3,369
Unpaid principal balance	2,545	3,383
Consumer Portfolio Segment [Member]
With no related allowance - Recorded investment	1,092	800
With no related allowance - Unpaid principal balance	1,400	1,084
With related allowance - Recorded investment	292	147
With related allowance - Unpaid principal balance	293	147
Related allowance	71	21
Recorded investment	1,384	947
Unpaid principal balance	1,693	1,231
With no related allowance - Recorded investment	15,584	15,497
With no related allowance - Unpaid principal balance	17,040	19,212
With related allowance - Recorded investment	13,091	6,632
With related allowance - Unpaid principal balance	17,767	9,313
Related allowance	3,760	2,238
Recorded investment	28,675	22,129
Unpaid principal balance	$ 34,807	$ 28,525

Note 6 - Loans Receivable and46

Note 6 - Loans Receivable and Allowances for Loan Losses - Impaired Loans Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Commercial Real Estate Portfolio Segment [Member]
With no related allowance recorded - Average recorded investment	$ 12,188	$ 13,923	$ 11,954	$ 13,073
With no related allowance recorded - Interest income recognized	65	73	197	214
With related allowance recorded - Average recorded investment	6,058	2,479	3,844	6,803
With related allowance recorded - Interest income recognized	19	3	43	6
Average recorded investment	18,246	16,402	15,798	19,876
Interest income recognized	84	76	240	220
Construction and Land Development Portfolio Segment [Member]
With no related allowance recorded - Average recorded investment	22	328	72	228
With no related allowance recorded - Interest income recognized		2		3
With related allowance recorded - Average recorded investment	43	62	15	112
With related allowance recorded - Interest income recognized
Average recorded investment	65	390	87	340
Interest income recognized		2		3
Commercial Portfolio Segment [Member]
With no related allowance recorded - Average recorded investment	1,611	2,459	1,797	3,435
With no related allowance recorded - Interest income recognized	9	16	30	64
With related allowance recorded - Average recorded investment	3,607	3,776	3,389	2,456
With related allowance recorded - Interest income recognized	18	12	56	12
Average recorded investment	5,218	6,235	5,186	5,891
Interest income recognized	27	28	86	76
Owner Occupied Real Estate [Member]
With no related allowance recorded - Average recorded investment	665	589	647	749
With no related allowance recorded - Interest income recognized	3	1	6	5
With related allowance recorded - Average recorded investment	1,977	3,293	2,205	3,837
With related allowance recorded - Interest income recognized	9	27	23	90
Average recorded investment	2,642	3,882	2,852	4,586
Interest income recognized	12	28	29	95
Consumer Portfolio Segment [Member]
With no related allowance recorded - Average recorded investment	1,027	754	901	656
With no related allowance recorded - Interest income recognized	5	3	11	7
With related allowance recorded - Average recorded investment	278	111	252	37
With related allowance recorded - Interest income recognized	2	1	7	1
Average recorded investment	1,305	865	1,153	693
Interest income recognized	7	4	18	8
With no related allowance recorded - Average recorded investment	15,513	18,053	15,371	18,141
With no related allowance recorded - Interest income recognized	82	95	244	293
With related allowance recorded - Average recorded investment	11,963	9,721	9,705	13,245
With related allowance recorded - Interest income recognized	48	43	129	109
Average recorded investment	27,476	27,774	25,076	31,386
Interest income recognized	$ 130	$ 138	$ 373	$ 402

Note 6 - Loans Receivable and47

Note 6 - Loans Receivable and Allowances for Loan Losses - Activity in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Dec. 31, 2015
Commercial Real Estate Portfolio Segment [Member]
Beginning balance:	$ 3,293	$ 2,707	$ 2,393	$ 6,828
Charge-offs				(2,623)
Recoveries			6	4
Provision for loan losses	9	(79)	903	(1,581)
Ending balance	3,302	2,628	3,302	2,628
Allowance for loan losses, individually evaluated for impairment					$ 1,290	$ 47
Allowance for loan losses, collectively evaluated for impairment					2,012	2,346
Total allowance for loan losses	3,293	2,707	3,302	2,628	3,302	2,393
Loans evaluated individually					19,470	12,203
Loans evaluated collectively					356,996	337,523
Total loans receivable					376,466	349,726
Construction and Land Development Portfolio Segment [Member]
Beginning balance:	365	311	338	917
Charge-offs	(3)		(3)	(222)
Recoveries				5
Provision for loan losses	137	26	164	(363)
Ending balance	499	337	499	337
Allowance for loan losses, individually evaluated for impairment					56
Allowance for loan losses, collectively evaluated for impairment					443	338
Total allowance for loan losses	365	311	499	337	499	338
Loans evaluated individually					56	117
Loans evaluated collectively					48,927	46,430
Total loans receivable					48,983	46,547
Commercial Portfolio Segment [Member]
Beginning balance:	3,136	2,823	2,932	1,579
Charge-offs			(18)	(325)
Recoveries	88	2	162	48
Provision for loan losses	(79)	313	69	1,836
Ending balance	3,145	3,138	3,145	3,138
Allowance for loan losses, individually evaluated for impairment					1,799	1,111
Allowance for loan losses, collectively evaluated for impairment					1,346	1,821
Total allowance for loan losses	3,136	2,823	3,145	3,138	3,145	2,932
Loans evaluated individually					5,234	5,493
Loans evaluated collectively					180,892	176,357
Total loans receivable					186,126	181,850
Owner Occupied Real Estate [Member]
Beginning balance:	1,366	1,787	2,030	1,638
Charge-offs		(78)	(954)	(133)
Recoveries
Provision for loan losses	251	19	541	223
Ending balance	1,617	1,728	1,617	1,728
Allowance for loan losses, individually evaluated for impairment					544	1,059
Allowance for loan losses, collectively evaluated for impairment					1,073	971
Total allowance for loan losses	1,366	1,787	1,617	1,728	1,617	2,030
Loans evaluated individually					2,531	3,369
Loans evaluated collectively					265,904	243,029
Total loans receivable					268,435	246,398
Consumer Portfolio Segment [Member]
Beginning balance:	324	251	295	234
Charge-offs
Recoveries		1		33
Provision for loan losses	16	28	45	13
Ending balance	340	280	340	280
Allowance for loan losses, individually evaluated for impairment					71	21
Allowance for loan losses, collectively evaluated for impairment					269	274
Total allowance for loan losses	324	251	340	280	340	295
Loans evaluated individually					1,384	947
Loans evaluated collectively					57,196	47,179
Total loans receivable					58,580	48,126
Residential Portfolio Segment [Member]
Beginning balance:	11	2	14	2
Charge-offs
Recoveries
Provision for loan losses	31	12	28	12
Ending balance	42	14	42	14
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment					42	14
Total allowance for loan losses	11	2	42	14	42	14
Loans evaluated individually
Loans evaluated collectively					6,909	2,380
Total loans receivable					6,909	2,380
Unallocated Financing Receivables [Member]
Beginning balance:	266	517	701	338
Charge-offs
Recoveries
Provision for loan losses	242	(319)	(193)	(140)
Ending balance	508	198	508	198
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment					508	701
Total allowance for loan losses	266	517	508	198	508	701
Loans evaluated individually
Loans evaluated collectively
Total loans receivable
Beginning balance:	8,761	8,398	8,703	11,536
Charge-offs	(3)	(78)	(975)	(3,303)
Recoveries	88	3	168	90
Provision for loan losses	607		1,557
Ending balance	9,453	8,323	9,453	8,323
Allowance for loan losses, individually evaluated for impairment					3,760	2,238
Allowance for loan losses, collectively evaluated for impairment					5,693	6,465
Total allowance for loan losses	$ 8,761	$ 8,398	$ 9,453	$ 8,323	9,453	8,703
Loans evaluated individually					28,675	22,129
Loans evaluated collectively					916,824	852,898
Total loans receivable					$ 945,499	$ 875,027

Note 6 - Loans Receivable and48

Note 6 - Loans Receivable and Allowance for Loan Losses - Past Due Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Loans receivable, total past due
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Loans receivable, total past due	12	7,657
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans receivable, total past due	13,280	5,913
Commercial Real Estate Portfolio Segment [Member]
Loans receivable, total past due	13,292	13,570
Loans receivable, current	363,174	336,156
Loans receivable	376,466	349,726
Loans receivable greater than 90 days and accruing
Construction and Land Development Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Loans receivable, total past due
Construction and Land Development Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Loans receivable, total past due
Construction and Land Development Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans receivable, total past due	56	117
Construction and Land Development Portfolio Segment [Member]
Loans receivable, total past due	56	117
Loans receivable, current	48,927	46,430
Loans receivable	48,983	46,547
Loans receivable greater than 90 days and accruing
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Loans receivable, total past due		1,661
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Loans receivable, total past due	747	997
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans receivable, total past due	3,149	3,156
Commercial Portfolio Segment [Member]
Loans receivable, total past due	3,896	5,814
Loans receivable, current	182,230	176,036
Loans receivable	186,126	181,850
Loans receivable greater than 90 days and accruing
Owner Occupied Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Loans receivable, total past due		800
Owner Occupied Real Estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Loans receivable, total past due		469
Owner Occupied Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans receivable, total past due	1,874	2,894
Owner Occupied Real Estate [Member]
Loans receivable, total past due	1,874	4,163
Loans receivable, current	266,561	242,235
Loans receivable	268,435	246,398
Loans receivable greater than 90 days and accruing
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Loans receivable, total past due		285
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Loans receivable, total past due	22	192
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans receivable, total past due	995	542
Consumer Portfolio Segment [Member]
Loans receivable, total past due	1,017	1,019
Loans receivable, current	57,563	47,107
Loans receivable	58,580	48,126
Loans receivable greater than 90 days and accruing	16
Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Loans receivable, total past due		132
Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Loans receivable, total past due
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans receivable, total past due	137
Residential Portfolio Segment [Member]
Loans receivable, total past due	137	132
Loans receivable, current	6,772	2,248
Loans receivable	6,909	2,380
Loans receivable greater than 90 days and accruing	137
Financing Receivables, 30 to 59 Days Past Due [Member]
Loans receivable, total past due		2,878
Financing Receivables, 60 to 89 Days Past Due [Member]
Loans receivable, total past due	781	9,315
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans receivable, total past due	19,491	12,622
Loans receivable, total past due	20,272	24,815
Loans receivable, current	925,227	850,212
Loans receivable	945,499	875,027
Loans receivable greater than 90 days and accruing	$ 153

Note 6 - Loans Receivable and49

Note 6 - Loans Receivable and Allowance for Loan Losses - Loans by Internal Risk Rating (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Loans receivable	$ 361,806	$ 329,567
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Loans receivable	887	7,956
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Loans receivable	13,773	12,203
Commercial Real Estate Portfolio Segment [Member] | Doubtful [Member]
Loans receivable
Commercial Real Estate Portfolio Segment [Member]
Loans receivable	376,466	349,726
Construction and Land Development Portfolio Segment [Member] | Pass [Member]
Loans receivable	48,927	46,430
Construction and Land Development Portfolio Segment [Member] | Special Mention [Member]
Loans receivable
Construction and Land Development Portfolio Segment [Member] | Substandard [Member]
Loans receivable	56	117
Construction and Land Development Portfolio Segment [Member] | Doubtful [Member]
Loans receivable
Construction and Land Development Portfolio Segment [Member]
Loans receivable	48,983	46,547
Commercial Portfolio Segment [Member] | Pass [Member]
Loans receivable	180,836	176,132
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans receivable	56	225
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans receivable	3,805	4,064
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans receivable	1,429	1,429
Commercial Portfolio Segment [Member]
Loans receivable	186,126	181,850
Owner Occupied Real Estate [Member] | Pass [Member]
Loans receivable	265,904	242,560
Owner Occupied Real Estate [Member] | Special Mention [Member]
Loans receivable		469
Owner Occupied Real Estate [Member] | Substandard [Member]
Loans receivable	2,531	3,369
Owner Occupied Real Estate [Member] | Doubtful [Member]
Loans receivable
Owner Occupied Real Estate [Member]
Loans receivable	268,435	246,398
Consumer Portfolio Segment [Member] | Pass [Member]
Loans receivable	57,196	47,104
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans receivable		75
Consumer Portfolio Segment [Member] | Substandard [Member]
Loans receivable	1,384	947
Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans receivable
Consumer Portfolio Segment [Member]
Loans receivable	58,580	48,126
Residential Portfolio Segment [Member] | Pass [Member]
Loans receivable	6,909	2,380
Residential Portfolio Segment [Member] | Special Mention [Member]
Loans receivable
Residential Portfolio Segment [Member] | Substandard [Member]
Loans receivable
Residential Portfolio Segment [Member] | Doubtful [Member]
Loans receivable
Residential Portfolio Segment [Member]
Loans receivable	6,909	2,380
Pass [Member]
Loans receivable	921,578	844,173
Special Mention [Member]
Loans receivable	943	8,725
Substandard [Member]
Loans receivable	21,549	20,700
Doubtful [Member]
Loans receivable	1,429	1,429
Loans receivable	$ 945,499	$ 875,027

Note 6 - Loans Receivable and50

Note 6 - Loans Receivable and Allowance for Loan Losses - Non-accrual Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Commercial Real Estate Portfolio Segment [Member]
Non-accrual loans	$ 13,280	$ 5,913
Construction and Land Development Portfolio Segment [Member]
Non-accrual loans	56	117
Commercial Portfolio Segment [Member]
Non-accrual loans	3,149	3,156
Owner Occupied Real Estate [Member]
Non-accrual loans	1,874	2,894
Consumer Portfolio Segment [Member]
Non-accrual loans	979	542
Residential Portfolio Segment [Member]
Non-accrual loans
Non-accrual loans	$ 19,338	$ 12,622

Note 6 - Loans Receivable and51

Note 6 - Loans Receivable and Allowance for Loan Losses - Troubled Debt Restructurings (Details) $ in Thousands	Sep. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Commercial Real Estate Portfolio Segment [Member]
Number of Loans	1	1
Troubled debt restructurings, accrual status	$ 5,697	$ 5,778
Troubled debt restructurings, non-accrual status
Troubled debt restructurings	$ 5,697	$ 5,778
Construction and Land Development Portfolio Segment [Member]
Number of Loans
Troubled debt restructurings, accrual status
Troubled debt restructurings, non-accrual status
Troubled debt restructurings
Commercial Portfolio Segment [Member]
Number of Loans	2	2
Troubled debt restructurings, accrual status	$ 234	$ 252
Troubled debt restructurings, non-accrual status	349	935
Troubled debt restructurings	$ 583	$ 1,187
Owner Occupied Real Estate [Member]
Number of Loans		1
Troubled debt restructurings, accrual status
Troubled debt restructurings, non-accrual status		1,825
Troubled debt restructurings		$ 1,825
Consumer Portfolio Segment [Member]
Number of Loans
Troubled debt restructurings, accrual status
Troubled debt restructurings, non-accrual status
Troubled debt restructurings
Residential Portfolio Segment [Member]
Number of Loans
Troubled debt restructurings, accrual status
Troubled debt restructurings, non-accrual status
Troubled debt restructurings
Number of Loans	3	4
Troubled debt restructurings, accrual status	$ 5,931	$ 6,030
Troubled debt restructurings, non-accrual status	349	2,760
Troubled debt restructurings	$ 6,280	$ 8,790

Note 7 - Fair Value of Financ52

Note 7 - Fair Value of Financial Instruments (Details Textual) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Interest and Fees [Member]
Interest and Fee Income, Loans Held-for-sale, Mortgages	$ 89,000		$ 89,000
SBA Servicing Assets [Member]
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 10 Percent Adverse Change in Key Assumptions, Percent	10.00%		10.00%		10.00%
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 20 Percent Adverse Change in Key Assumptions	20.00%		20.00%		20.00%
Servicing Fees	$ 458,000	$ 447,000	$ 1,300,000	$ 1,300,000
Loans Held-for-sale, Write-down	$ 0				$ 0

Note 7 - Fair Value of Financ53

Note 7 - Fair Value of Financial Instruments - Financial Assets Measured at on a Recurring Basis (Details) - USD ($)	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale, at fair value	200,396,000		178,145,000
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Obligations [Member]
Investment securities available for sale, at fair value	200,396,000		178,145,000
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale, at fair value	11,686,000		10,171,000
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member]
Investment securities available for sale, at fair value	11,686,000		10,171,000
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale, at fair value	24,442,000		23,344,000
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Investment securities available for sale, at fair value	24,442,000		23,344,000
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale, at fair value	42,495,000		51,295,000
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale, at fair value	2,933,000		2,834,000
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member]
Investment securities available for sale, at fair value	45,428,000		54,129,000
Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale, at fair value	15,717,000		17,005,000
Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member]
Investment securities available for sale, at fair value	15,717,000		17,005,000
Fair Value, Measurements, Recurring [Member] | Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale, at fair value	1,691,000		1,883,000
Fair Value, Measurements, Recurring [Member] | Collateralized Debt Obligations [Member]
Investment securities available for sale, at fair value	1,691,000		1,883,000
Fair Value, Measurements, Recurring [Member] | Other Debt Obligations [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | Other Debt Obligations [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale, at fair value	25,000		118,000
Fair Value, Measurements, Recurring [Member] | Other Debt Obligations [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale, at fair value
Fair Value, Measurements, Recurring [Member] | Other Debt Obligations [Member]
Investment securities available for sale, at fair value	25,000		118,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Lock Commitments [Member]
Derivative Asset
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Best Efforts Forward Loan sales Commitments [Member]
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mandatory Forward Loan Sales Commitments [Member]
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale, at fair value
Mortgage Loans Held for Sale
SBA Servicing Assets
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Lock Commitments [Member]
Derivative Asset	1,027,000
Derivative Liability	9,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Best Efforts Forward Loan sales Commitments [Member]
Derivative Liability	377,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mandatory Forward Loan Sales Commitments [Member]
Derivative Liability	294,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale, at fair value	294,761,000		280,078,000
Mortgage Loans Held for Sale	26,865,000
SBA Servicing Assets
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Lock Commitments [Member]
Derivative Asset
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Best Efforts Forward Loan sales Commitments [Member]
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mandatory Forward Loan Sales Commitments [Member]
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale, at fair value	4,624,000		4,717,000
Mortgage Loans Held for Sale
SBA Servicing Assets	5,297,000		4,886,000
Fair Value, Measurements, Recurring [Member] | Interest Rate Lock Commitments [Member]
Derivative Asset	1,027,000
Derivative Liability	9,000
Fair Value, Measurements, Recurring [Member] | Best Efforts Forward Loan sales Commitments [Member]
Derivative Liability	377,000
Fair Value, Measurements, Recurring [Member] | Mandatory Forward Loan Sales Commitments [Member]
Derivative Liability	294,000
Fair Value, Measurements, Recurring [Member]
Investment securities available for sale, at fair value	299,385,000		284,795,000
Mortgage Loans Held for Sale	26,865,000
SBA Servicing Assets	5,297,000		4,886,000
Collateralized Mortgage Obligations [Member]
Investment securities available for sale, at fair value	200,396,000		178,145,000
Collateralized Mortgage Backed Securities [Member]
Investment securities available for sale, at fair value	11,686,000		10,171,000
US States and Political Subdivisions Debt Securities [Member]
Investment securities available for sale, at fair value	24,442,000		23,344,000
Corporate Debt Securities [Member]
Investment securities available for sale, at fair value	45,428,000		54,129,000
Asset-backed Securities [Member]
Investment securities available for sale, at fair value	15,717,000		17,005,000
Collateralized Debt Obligations [Member]
Investment securities available for sale, at fair value	1,691,000		1,883,000
Other Debt Obligations [Member]
Investment securities available for sale, at fair value	25,000		118,000
Investment securities available for sale, at fair value	299,385,000		284,795,000
SBA Servicing Assets	$ 5,297,000	$ 5,118,000	$ 4,886,000	$ 4,174,000	$ 4,319,000	$ 4,099,000

Note 7 - Fair Value of Financ54

Note 7 - Fair Value of Financial Instruments - SBA Servicing Assets Activity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Beginning balance, servicing assets	$ 5,118	$ 4,319	$ 4,886	$ 4,099
Additions	503	227	1,305	672
Fair value adjustments	(324)	(372)	(894)	(597)
Ending balance, servicing assets	$ 5,297	$ 4,174	$ 5,297	$ 4,174

Note 7 - Fair Value of Financ55

Note 7 - Fair Value of Financial Instruments - Assets Measured on a Recurring Basis Using Significant Unobservable Inputs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 3 [Member]
Balance	$ 1,755	$ 2,006	$ 1,883	$ 3,193
Unrealized gains (losses)	(62)	220	(185)	669
Paydowns				(19)
Proceeds from sales		(414)		(1,952)
Realized losses		(142)		(218)
Other-than-temporary impairment	(2)		(7)	(3)
Balance	1,691	1,670	1,691	1,670
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Balance	2,870	2,684	2,834	3,005
Unrealized gains (losses)	63	17	99	(304)
Paydowns
Proceeds from sales
Realized losses
Other-than-temporary impairment
Balance	2,933	2,701	2,933	2,701
Other-than-temporary impairment	$ (12)		$ (39)	$ (13)

Note 7 - Fair Value of Financ56

Note 7 - Fair Value of Financial Instruments - Assets Measured on a Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Inputs, Level 1 [Member]
Impaired loans
Other real estate owned
Fair Value, Inputs, Level 2 [Member]
Impaired loans
Other real estate owned
Fair Value, Inputs, Level 3 [Member]
Impaired loans	9,331	5,734
Other real estate owned	8,593	10,034
Impaired loans	9,331	5,734
Other real estate owned	$ 8,593	$ 10,034

Note 7 - Fair Value of Financ57

Note 7 - Fair Value of Financial Instruments - Quantitative Information about Level 3 Assets (Details) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2016	Dec. 31, 2015
Income Approach Valuation Technique [Member] | Corporate Debt Securities [Member] | Weighted Average [Member]
Discount Rate		4.35%	4.11%
Income Approach Valuation Technique [Member] | Corporate Debt Securities [Member]
Fair Value		$ 2,933	$ 2,834
Valuation Technique		Discounted Cash Flows	Discounted Cash Flows
Unobservable Input		Discount Rate	Discount Rate
Income Approach Valuation Technique [Member] | Collateralized Debt Obligations [Member] | Weighted Average [Member]
Discount Rate		8.68%	7.77%
Income Approach Valuation Technique [Member] | Collateralized Debt Obligations [Member] | Minimum [Member]
Discount Rate		8.45%	7.31%
Income Approach Valuation Technique [Member] | Collateralized Debt Obligations [Member] | Maximum [Member]
Discount Rate		8.95%	7.81%
Income Approach Valuation Technique [Member] | Collateralized Debt Obligations [Member]
Fair Value		$ 1,691	$ 1,883
Valuation Technique		Discounted Cash Flows	Discounted Cash Flows
Unobservable Input		Discount Rate	Discount Rate
Income Approach Valuation Technique [Member] | SBA Servicing Assets [Member] | Weighted Average [Member]
Discount Rate		10.00%	10.00%
Conditional prepayment rate		6.16%	6.27%
Income Approach Valuation Technique [Member] | SBA Servicing Assets [Member]
Fair Value		$ 5,297	$ 4,886
Valuation Technique		Discounted Cash Flows	Discounted Cash Flows
Unobservable Input		Discount Rate	Discount Rate
Unobservable Input		Conditional Prepayment Rate	Conditional Prepayment Rate
Income Approach Valuation Technique [Member] | Impaired Loans [Member] | Weighted Average [Member]
Liquidation expenses	[1]	15.00%
Income Approach Valuation Technique [Member] | Impaired Loans [Member] | Minimum [Member]
Liquidation expenses	[1]	4.00%
Income Approach Valuation Technique [Member] | Impaired Loans [Member] | Maximum [Member]
Liquidation expenses	[1]	76.00%
Income Approach Valuation Technique [Member] | Impaired Loans [Member]
Unobservable Input	[2]	Liquidation expenses
Market Approach Valuation Technique [Member] | Impaired Loans [Member] | Weighted Average [Member]
Liquidation expenses	[1]		20.00%
Appraisal adjustment	[1]	0.00%
Market Approach Valuation Technique [Member] | Impaired Loans [Member] | Minimum [Member]
Liquidation expenses	[1]		12.00%
Market Approach Valuation Technique [Member] | Impaired Loans [Member] | Maximum [Member]
Liquidation expenses	[1]		78.00%
Market Approach Valuation Technique [Member] | Impaired Loans [Member]
Fair Value		$ 9,331	$ 5,734
Valuation Technique	[3]	Appraised Value of Collateral	Appraised Value of Collateral
Unobservable Input	[2]	Appraisal adjustment	Liquidation expenses
Market Approach Valuation Technique [Member] | Other Real Estate Owned [Member] | Weighted Average [Member]
Liquidation expenses	[1]	12.00%	10.00%
Appraisal adjustment		0.00%	50.00%
Market Approach Valuation Technique [Member] | Other Real Estate Owned [Member] | Minimum [Member]
Liquidation expenses	[1]	7.00%	6.00%
Market Approach Valuation Technique [Member] | Other Real Estate Owned [Member] | Maximum [Member]
Liquidation expenses	[1]	27.00%	30.00%
Market Approach Valuation Technique [Member] | Other Real Estate Owned [Member]
Valuation Technique	[3]	Appraised Value of Collateral	Appraised Value of Collateral
Unobservable Input	[2]	Appraisal adjustment	Appraisal adjustment
Unobservable Input	[2]	Liquidation expenses	Liquidation expenses
Sales Price Valuation Technique [Member] | Other Real Estate Owned [Member] | Weighted Average [Member]
Liquidation expenses	[1]	7.00%	9.00%
Sales Price Valuation Technique [Member] | Other Real Estate Owned [Member] | Minimum [Member]
Liquidation expenses	[1]		7.00%
Sales Price Valuation Technique [Member] | Other Real Estate Owned [Member] | Maximum [Member]
Liquidation expenses	[1]		9.00%
Sales Price Valuation Technique [Member] | Other Real Estate Owned [Member]
Fair Value		$ 8,593	$ 10,034
Valuation Technique		Sales Price	Sales Price
Unobservable Input	[2]	Liquidation expenses	Liquidation expenses
[1]	The range and weighted average of qualitative factors such as economic conditions and estimated liquidation expenses are presented as a percent of the appraised value.
[2]	Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses.
[3]	Fair value is generally determined through independent appraisals of the underlying collateral, which include Level 3 inputs that are not identifiable.

Note 7 - Fair Value of Financ58

Note 7 - Fair Value of Financial Instruments - Disclosure of Mortgage Held for Sale (Details) $ in Thousands	Sep. 30, 2016USD ($)
Reported Value Measurement [Member]
Carrying Amount	$ 26,865
Aggregate Unpaid Principal Balance	25,726
Excess Carrying Amount Over Aggregate Unpaid Principle Balance	$ 1,139

Note 7 - Fair Value of Financ59

Note 7 - Fair Value of Financial Instruments - SBA Servicing Assets Sensitivity Analysis (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015	Jun. 30, 2016	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Fixed Rate SBA Loans [Member]
Composition of SBA loans serviced for others	0.00%	0.00%
Adjustable Rate SBA Loans [Member]
Composition of SBA loans serviced for others	100.00%	100.00%
SBA servicing assets	$ 5,297	$ 4,886	$ 5,118	$ 4,174	$ 4,319	$ 4,099
Composition of SBA loans serviced for others	100.00%	100.00%
Weighted Average Remaining Term (in years)	21 years 73 days	20 years 328 days
Prepayment Speed	6.16%	6.27%
Effect on fair value of a 10% increase	$ (162)	$ (151)
Effect on fair value of a 20% increase	$ (318)	$ (296)
Weighted Average Discount Rate	10.00%	10.00%
Effect on fair value of a 10% increase	$ (223)	$ (206)
Effect on fair value of a 20% increase	$ (429)	$ (397)

Note 7 - Fair Value of Financ60

Note 7 - Fair Value of Financial Instruments - Fair Values of Financial Instruments (Details) - USD ($)	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Reported Value Measurement [Member] | Interest Rate Lock Commitments [Member]
Financial assets:
Derivative asset	$ 1,027,000
Financial liabilities:
Derivative liability	9,000
Reported Value Measurement [Member] | Best Efforts Forward Loan sales Commitments [Member]
Financial liabilities:
Derivative liability	377,000
Reported Value Measurement [Member] | Mandatory Forward Loan Sales Commitments [Member]
Financial liabilities:
Derivative liability	294,000
Reported Value Measurement [Member]
Financial assets:
Cash and cash equivalents	150,041,000		$ 27,139,000
Investment securities available for sale, at fair value	299,385,000		284,795,000
Investment securities held to maturity, at fair value	220,470,000		172,277,000
Restricted stock	1,366,000		3,059,000
Loans held for sale	29,715,000		3,653,000
Loans receivable, net	936,088,000		866,066,000
SBA servicing assets	5,297,000		4,886,000
Accrued interest receivable	4,588,000		4,216,000
Financial liabilities:
Demand, savings and money market	1,473,105,000		1,181,720,000
Time	109,127,000		67,578,000
Subordinated debt	22,476,000		22,476,000
Accrued interest payable	339,000		245,000
Short-term borrowings			47,000,000
Off-Balance Sheet Data
Commitments to extend credit
Standby letters-of-credit
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Lock Commitments [Member]
Financial assets:
Derivative asset
Financial liabilities:
Derivative liability
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Best Efforts Forward Loan sales Commitments [Member]
Financial liabilities:
Derivative liability
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Mandatory Forward Loan Sales Commitments [Member]
Financial liabilities:
Derivative liability
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and cash equivalents	150,041,000		27,139,000
Investment securities available for sale, at fair value
Investment securities held to maturity, at fair value
Restricted stock
Loans held for sale
Loans receivable, net
SBA servicing assets
Accrued interest receivable
Financial liabilities:
Demand, savings and money market
Time
Subordinated debt
Accrued interest payable
Short-term borrowings
Off-Balance Sheet Data
Commitments to extend credit
Standby letters-of-credit
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Lock Commitments [Member]
Financial assets:
Derivative asset	1,027,000
Financial liabilities:
Derivative liability	9,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Best Efforts Forward Loan sales Commitments [Member]
Financial liabilities:
Derivative liability	377,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Mandatory Forward Loan Sales Commitments [Member]
Financial liabilities:
Derivative liability	294,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Financial assets:
Cash and cash equivalents
Investment securities available for sale, at fair value	294,761,000		280,078,000
Investment securities held to maturity, at fair value	223,247,000		171,845,000
Restricted stock	1,366,000		3,059,000
Loans held for sale	26,865,000
Loans receivable, net
SBA servicing assets
Accrued interest receivable	4,588,000		4,216,000
Financial liabilities:
Demand, savings and money market	1,473,105,000		1,181,720,000
Time	109,172,000		67,422,000
Subordinated debt
Accrued interest payable	339,000		245,000
Short-term borrowings			47,000,000
Off-Balance Sheet Data
Commitments to extend credit
Standby letters-of-credit
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Lock Commitments [Member]
Financial assets:
Derivative asset
Financial liabilities:
Derivative liability
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Best Efforts Forward Loan sales Commitments [Member]
Financial liabilities:
Derivative liability
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Mandatory Forward Loan Sales Commitments [Member]
Financial liabilities:
Derivative liability
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Financial assets:
Cash and cash equivalents
Investment securities available for sale, at fair value	4,624,000		4,717,000
Investment securities held to maturity, at fair value
Restricted stock
Loans held for sale	2,850,000		3,831,000
Loans receivable, net	917,242,000		849,578,000
SBA servicing assets	5,297,000		4,886,000
Accrued interest receivable
Financial liabilities:
Demand, savings and money market
Time
Subordinated debt	18,257,000		18,972,000
Accrued interest payable
Short-term borrowings
Off-Balance Sheet Data
Commitments to extend credit
Standby letters-of-credit
Estimate of Fair Value Measurement [Member] | Interest Rate Lock Commitments [Member]
Financial assets:
Derivative asset	1,027,000
Financial liabilities:
Derivative liability	9,000
Estimate of Fair Value Measurement [Member] | Best Efforts Forward Loan sales Commitments [Member]
Financial liabilities:
Derivative liability	377,000
Estimate of Fair Value Measurement [Member] | Mandatory Forward Loan Sales Commitments [Member]
Financial liabilities:
Derivative liability	294,000
Estimate of Fair Value Measurement [Member]
Financial assets:
Cash and cash equivalents	150,041,000		27,139,000
Investment securities available for sale, at fair value	299,385,000		284,795,000
Investment securities held to maturity, at fair value	223,247,000		171,845,000
Restricted stock	1,366,000		3,059,000
Loans held for sale	29,715,000		3,831,000
Loans receivable, net	917,242,000		849,578,000
SBA servicing assets	5,297,000		4,886,000
Accrued interest receivable	4,588,000		4,216,000
Financial liabilities:
Demand, savings and money market	1,473,105,000		1,181,720,000
Time	109,172,000		67,422,000
Subordinated debt	18,257,000		18,972,000
Accrued interest payable	339,000		245,000
Short-term borrowings			47,000,000
Off-Balance Sheet Data
Commitments to extend credit
Standby letters-of-credit
Investment securities available for sale, at fair value	299,385,000		284,795,000
Investment securities held to maturity, at fair value	223,247,000		171,845,000
SBA servicing assets	$ 5,297,000	$ 5,118,000	$ 4,886,000	$ 4,174,000	$ 4,319,000	$ 4,099,000

Note 8 - Changes in Accumulat61

Note 8 - Changes in Accumulated Other Comprehensive Income (Loss) By Component (1) - Accumulated Other Comprehensive Loss (Details) - USD ($)		3 Months Ended		9 Months Ended				12 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016		Sep. 30, 2015		Dec. 31, 2015
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Balance	[1]			$ (2,562,000)		$ 82,000		$ 82,000
Unrealized gain on securities	[1]			2,170,000		(460,000)		(2,577,000)
Amounts reclassified from accumulated other comprehensive income to net income (2)	[1],[2]			(416,000)		(45,000)		(67,000)
Net current-period other comprehensive income	[1]			1,754,000		(505,000)		(2,644,000)
Balance	[1]	$ (808,000)	$ (423,000)	(808,000)		(423,000)		(2,562,000)
Accumulated Net Investment Gain (Loss) on Securities Transferred from Available-for-Sale to Held-to-Maturity [Member]
Balance	[1]			(603,000)		(714,000)		(714,000)
Unrealized gain on securities	[1]
Amounts reclassified from accumulated other comprehensive income to net income (2)	[1],[2]			85,000		82,000		111,000
Net current-period other comprehensive income	[1]			85,000		82,000		111,000
Balance	[1]	(518,000)	(632,000)	(518,000)		(632,000)		(603,000)
Balance	[1]			(3,165,000)		(632,000)		(632,000)
Unrealized gain on securities	[1]			2,170,000		(460,000)		(2,577,000)
Amounts reclassified from accumulated other comprehensive income to net income (2)	[1],[2]			(331,000)		37,000		44,000
Net current-period other comprehensive income		(669,000)	289,000	1,839,000	[1]	(423,000)	[1]	(2,533,000)	[1]
Balance	[1]	$ (1,326,000)	$ (1,055,000)	$ (1,326,000)		$ (1,055,000)		$ (3,165,000)
[1]	All amounts are net of tax. Amounts in parentheses indicate reductions to other comprehensive income.
[2]	Reclassification amounts are reported as gains on sales of investment securities, impairment losses, and amortization of net unrealized losses on the Consolidated Statement of Operations.

Note 9 - Business Combination62

Note 9 - Business Combination (Details Textual) - Oak Mortgage [Member] $ in Thousands	Jul. 28, 2016USD ($)
Payments to Acquire Businesses, Gross	$ 7,136
Escrow Deposit	$ 1,000
Period Before Escrow Disbursement	1 year

Note 9 - Business Combination -

Note 9 - Business Combination - Consideration Paid and Assets Acquired and Liabilities Assumed (Details) - USD ($)	Jul. 28, 2016	Sep. 30, 2016	Dec. 31, 2015
Oak Mortgage [Member]
Consideration paid:
Cash	$ 7,136,000
Equity instruments	202,000
Deferred additional purchase price	500,000
Value of consideration	7,838,000
Assets acquired:
Cash and cash equivalents	1,223,000
Loans held for sale	20,871,000
Loans receivable	1,132,000
Premises and equipment	103,000
Derivative assets	1,508,000
Intangible assets – non complete agreements	104,000
Other assets	125,000
Total assets	25,066,000
Liabilities assumed:
Warehouse lines of credit	19,666,000
Derivative liabilities	412,000
Other liabilities	2,042,000
Total liabilities	22,120,000
Net assets acquired	2,946,000
Goodwill resulting from acquisition of Oak Mortgage	$ 4,892,000
Goodwill resulting from acquisition of Oak Mortgage		$ 4,892,000

Note 9 - Business Combination64

Note 9 - Business Combination - Pro Forma Information (Details) - Oak Mortgage [Member] - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Total revenues	$ 52,610	$ 44,238
Net income	$ 4,462	$ 3,569

Note 10 - Goodwill and Other 65

Note 10 - Goodwill and Other Intangibles - Summary of Goodwill and Other Intangibles (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Goodwill
Goodwill, additions/adjustments	4,892,000
Goodwill	4,892,000
Non-compete agreements
Non-compete agreements, additions/adjustments	104,000
Amortization	(17,000)
Non-compete agreements	$ 87,000
Non-compete agreements, amortization period	1 year
Total	$ 0
Additions/adjustments	4,996,000
Total	$ 4,979,000

Note 11 - Derivatives and Ris66

Note 11 - Derivatives and Risk Management Activities - Amounts Recorded in Statement to Financial Condition (Details) - Not Designated as Hedging Instrument [Member] $ in Thousands	Sep. 30, 2016USD ($)
Other Assets [Member] | Interest Rate Lock Commitments [Member]
Derivative Asset, Fair Value	$ 1,027
Derivative Asset, Notional Amount	36,090
Other Assets [Member] | Best Efforts Forward Loan sales Commitments [Member]
Derivative Asset, Fair Value
Derivative Asset, Notional Amount	546
Other Assets [Member] | Mandatory Forward Loan Sales Commitments [Member]
Derivative Asset, Fair Value
Derivative Asset, Notional Amount	164
Other Liabilities [Member] | Interest Rate Lock Commitments [Member]
Derivative Liability, Fair Value	9
Derivative Liability, Notional Amount	1,502
Other Liabilities [Member] | Best Efforts Forward Loan sales Commitments [Member]
Derivative Liability, Fair Value	377
Derivative Liability, Notional Amount	37,046
Other Liabilities [Member] | Mandatory Forward Loan Sales Commitments [Member]
Derivative Liability, Fair Value	294
Derivative Liability, Notional Amount	$ 25,525

Note 11 - Derivatives and Ris67

Note 11 - Derivatives and Risk Management Activities - Derivative Instrument Gain (Loss) Recorded in Statement of Income (Details) - Not Designated as Hedging Instrument [Member] $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)
Loan Advisory and Servicing Fees [Member] | Interest Rate Lock Commitments [Member]
Derivative Gain (Loss), Net	$ (454)
Loan Advisory and Servicing Fees [Member] | Best Efforts Forward Loan sales Commitments [Member]
Derivative Gain (Loss), Net	(26)
Loan Advisory and Servicing Fees [Member] | Mandatory Forward Loan Sales Commitments [Member]
Derivative Gain (Loss), Net
Other Operating Income (Expense) [Member] | Interest Rate Lock Commitments [Member]
Derivative Gain (Loss), Net	14
Other Operating Income (Expense) [Member] | Best Efforts Forward Loan sales Commitments [Member]
Derivative Gain (Loss), Net	11
Other Operating Income (Expense) [Member] | Mandatory Forward Loan Sales Commitments [Member]
Derivative Gain (Loss), Net	$ (294)