Note 3 - Loans and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2015

Note 3 - Loans and Allowance for Loan Losses (Tables) [Line Items]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	December 31,
	2015			2014
Real estate - residential mortgage:
One to four family units	$	98,257,417		$	97,900,814
Multi-family		41,603,670			33,785,959
Real estate - construction		45,462,895			36,784,584
Real estate - commercial		208,824,573			215,605,054
Commercial loans		81,006,897			92,114,216
Consumer and other loans		21,991,881			17,246,437
Total loans		497,147,333			493,437,064
Less:
Allowance for loan losses		(5,811,940	)		(6,588,597	)
Deferred loan fees/costs, net		(333,486	)		(261,831	)
Net loans	$	491,001,907		$	486,586,636

Past Due Financing Receivables [Table Text Block]

As of December 31, 2015
	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans Receivable		Total Loans > 90 Days and Accruing
	(In Thousands)
Real estate - residential mortgage:
One to four family units	$	-	$	168	$	105	$	273	$	97,984	$	98,257	$	-
Multi-family		-		-		-		-		41,604		41,604		-
Real estate - construction		-		-		-		-		45,463		45,463		-
Real estate - commercial		-		-		1,079		1,079		207,745		208,824		-
Commercial loans		88		-		1,239		1,327		79,680		81,007		-
Consumer and other loans		2		8		-		10		21,982		21,992		-
Total	$	90	$	176	$	2,423	$	2,689	$	494,458	$	497,147	$	-

As of December 31, 2014
	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans Receivable		Total Loans > 90 Days and Accruing
	(In Thousands)
Real estate - residential mortgage:
One to four family units	$	113	$	428	$	279	$	820	$	97,081	$	97,901	$	-
Multi-family		-		-		-		-		33,786		33,786		-
Real estate - construction		-		-		-		-		36,785		36,785		-
Real estate - commercial		-		-		-		-		215,605		215,605		-
Commercial loans		-		-		227		227		91,887		92,114		-
Consumer and other loans		23		35		-		58		17,188		17,246		-
Total	$	136	$	463	$	506	$	1,105	$	492,332	$	493,437	$	-

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

	December 31,
	2015		2014
Real estate - residential mortgage:
One to four family units	$	2,272,535	$	911,240
Multi-family		-		-
Real estate - construction		8,079,807		2,892,772
Real estate - commercial		1,240,909		459,823
Commercial loans		2,149,333		1,026,772
Consumer and other loans		12,891		-
Total	$	13,755,475	$	5,290,607

Allowance for Credit Losses on Financing Receivables [Table Text Block]

As of December 31, 2015
	Construction			Commercial Real Estate			One to four family			Multi-family		Commercial			Consumer and Other			Unallocated		Total
	(In Thousands)
Allowance for loan losses:
Balance, beginning of year	$	1,330		$	1,992		$	900		$	127	$	1,954		$	185		$	101	$	6,589
Provision charged to expense		1,139			(466	)		-			50		(576	)		117			336	$	600
Losses charged off		(1,233	)		-			(99	)		-		-			(119	)		-	$	(1,451	)
Recoveries		10			-			20			-		4			40			-	$	74
Balance, end of year	$	1,246		$	1,526		$	821		$	177	$	1,382		$	223		$	437	$	5,812
Ending balance: individually evaluated for impairment	$	540		$	-		$	-		$	-	$	312		$	13		$	-	$	865
Ending balance: collectively evaluated for impairment	$	706		$	1,526		$	821		$	177	$	1,070		$	210		$	437	$	4,947
Loans:
Ending balance: individually evaluated for impairment	$	8,080		$	1,241		$	2,272		$	-	$	2,149		$	988		$	-	$	14,730
Ending balance: collectively evaluated for impairment	$	37,383		$	207,583		$	95,985		$	41,604	$	78,858		$	21,004		$	-	$	482,417

As of December 31, 2014
	Construction			Commercial Real Estate			One to four family			Multi-family			Commercial			Consumer and Other			Unallocated			Total
	(In Thousands)
Allowance for loan losses:
Balance, beginning of year	$	2,387		$	2,059		$	997		$	209		$	1,519		$	272		$	359		$	7,802
Provision charged to expense		(651	)		(157	)		21			(82	)		2,388			14			(258	)	$	1,275
Losses charged off		(411	)		(9	)		(127	)		-			(2,018	)		(150	)		-		$	(2,715	)
Recoveries		5			99			9			-			65			49			-		$	227
Balance, end of year	$	1,330		$	1,992		$	900		$	127		$	1,954		$	185		$	101		$	6,589
Ending balance: individually evaluated for impairment	$	376		$	158		$	36		$	-		$	203		$	12		$	-		$	785
Ending balance: collectively evaluated for impairment	$	954		$	1,834		$	864		$	127		$	1,751		$	173		$	101		$	5,804
Loans:
Ending balance: individually evaluated for impairment	$	2,893		$	460		$	847		$	-		$	1,027		$	801		$	-		$	6,028
Ending balance: collectively evaluated for impairment	$	33,892		$	215,145		$	97,054		$	33,786		$	91,087		$	16,445		$	-		$	487,409

As of December 31, 2013
	Construction			Commercial Real Estate			One to four family			Multi-family			Commercial			Consumer and Other			Unallocated		Total
	(In Thousands)
Allowance for loan losses:
Balance, beginning of year	$	2,525		$	2,517		$	1,316		$	284		$	1,689		$	255		$	154	$	8,740
Provision charged to expense		691			(181	)		(203	)		(75	)		988			125			205	$	1,550
Losses charged off		(879	)		(277	)		(139	)		-			(1,268	)		(164	)		-	$	(2,727	)
Recoveries		50			-			23			-			110			56			-	$	239
Balance, end of year	$	2,387		$	2,059		$	997		$	209		$	1,519		$	272		$	359	$	7,802
Ending balance: individually evaluated for impairment	$	890		$	-		$	8		$	-		$	601		$	102		$	-	$	1,601
Ending balance: collectively evaluated for impairment	$	1,497		$	2,059		$	989		$	209		$	918		$	170		$	359	$	6,201
Loans:
Ending balance: individually evaluated for impairment	$	4,530		$	3,663		$	886		$	-		$	6,776		$	316		$	-	$	16,171
Ending balance: collectively evaluated for impairment	$	38,736		$	175,417		$	92,912		$	46,188		$	85,946		$	16,987		$	-	$	456,186

Impaired Financing Receivables [Table Text Block]

As of December 31, 2015
	Recorded Balance		Unpaid Principal Balance		Specific Allowance		Average Investment in Impaired Loans		Interest Income Recognized
	(In Thousands)
Loans without a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	2,272	$	2,272	$	-	$	1,270	$	3
Multi-family		-		-		-		-		-
Real estate - construction		5,730		5,730		-		1,636		-
Real estate - commercial		1,241		1,241		-		234		-
Commercial loans		1,538		1,538		-		665		-
Consumer and other loans		904		904		-		88		1
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	-	$	-	$	-	$	228	$	-
Multi-family		-		-		-		-		-
Real estate - construction		2,350		4,838		540		3,255		-
Real estate - commercial		-		-		-		-		-
Commercial loans		611		914		312		616		-
Consumer and other loans		84		84		13		118		-
Total
Real estate - residential mortgage:
One to four family units	$	2,272	$	2,272	$	-	$	1,498	$	3
Multi-family		-		-		-		-		-
Real estate - construction		8,080		10,568		540		4,891		-
Real estate - commercial		1,241		1,241		-		234		-
Commercial loans		2,149		2,452		312		1,281		-
Consumer and other loans		988		988		13		206		1
Total	$	14,730	$	17,521	$	865	$	8,110	$	4

As of December 31, 2014
	Recorded Balance		Unpaid Principal Balance		Specific Allowance		Average Investment in Impaired Loans		Interest Income Recognized
	(In Thousands)
Loans without a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	632	$	632	$	-	$	692	$	2
Multi-family		-		-		-		35		-
Real estate - construction		74		74		-		84		-
Real estate - commercial		-		-		-		204		-
Commercial loans		341		341		-		1,924		198
Consumer and other loans		-		-		-		-		-
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	279	$	279	$	36	$	322	$	-
Multi-family		-		-		-		-		-
Real estate - construction		2,819		4,074		376		3,554		-
Real estate - commercial		460		460		158		441		-
Commercial loans		685		988		203		1,175		-
Consumer and other loans		91		91		12		234		-
Total
Real estate - residential mortgage:
One to four family units	$	911	$	911	$	36	$	1,014	$	2
Multi-family		-		-		-		35		-
Real estate - construction		2,893		4,148		376		3,638		-
Real estate - commercial		460		460		158		645		-
Commercial loans		1,026		1,329		203		3,099		198
Consumer and other loans		91		91		12		234		-
Total	$	5,381	$	6,939	$	785	$	8,665	$	200

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	2015
	Number of Loans		Pre-Modification Outstanding Recorded Balance		Post-Modification Outstanding Recorded Balance
Real estate - residential mortgage:
One to four family units		7	$	1,345,358	$	1,345,358
Multi-family		-		-		-
Real estate - construction		5		6,889,044		5,655,969
Real estate - commercial		1		161,491		161,491
Commercial loans		3		750,849		771,557
Consumer and other loans		-		-		-
Total		16	$	9,146,742	$	7,934,375

	2014
	Number of Loans		Pre-Modification Outstanding Recorded Balance		Post-Modification Outstanding Recorded Balance
Real estate - residential mortgage:
One to four family units		1	$	287,500	$	287,500
Multi-family		-		-		-
Real estate - construction		-		-		-
Real estate - commercial		-		-		-
Commercial loans		2		831,026		831,026
Consumer and other loans		-		-		-
Total		3	$	1,118,526	$	1,118,526

Financing Receivable Credit Quality Indicators [Table Text Block]

As of December 31, 2015
	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Total
	(In Thousands)
Rating:
Pass	$	37,383	$	198,230	$	91,267	$	41,604	$	73,407	$	21,775	$	463,666
Special Mention		-		3,657		3,319		-		2,267		-		9,243
Substandard		8,080		6,937		3,671		-		4,730		217		23,635
Doubtful		-		-		-		-		603		-		603
Total	$	45,463	$	208,824	$	98,257	$	41,604	$	81,007	$	21,992	$	497,147

As of December 31, 2014
	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Total
	(In Thousands)
Rating:
Pass	$	27,370	$	207,311	$	94,129	$	33,786	$	78,197	$	17,015	$	457,808
Special Mention		6,522		5,076		2,501		-		10,273		-		24,372
Substandard		2,893		2,758		1,271		-		3,644		231		10,797
Doubtful		-		460		-		-		-		-		460
Total	$	36,785	$	215,605	$	97,901	$	33,786	$	92,114	$	17,246	$	493,437

Modification Type [Member]

Note 3 - Loans and Allowance for Loan Losses (Tables) [Line Items]

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	2015
	Interest Rate		Term		Combination		Total Modification
Real estate - residential mortgage:
One to four family units	$	-	$	-	$	1,345,358	$	1,345,358
Multi-family		-		-		-		-
Real estate - construction		-		-		5,655,969		5,655,969
Real estate - commercial		-		-		161,491		161,491
Commercial loans		-		310,500		461,057		771,557
Consumer and other loans		-		-		-		-
Total	$	-	$	310,500	$	7,623,875	$	7,934,375

	2014
	Interest Rate		Term		Combination		Total Modification
Real estate - residential mortgage:
One to four family units	$	-	$	-	$	287,500	$	287,500
Multi-family		-		-		-		-
Real estate - construction		-		-		-		-
Real estate - commercial		-		-		-		-
Commercial loans		-		-		831,026		831,026
Consumer and other loans		-		-		-		-
Total	$	-	$	-	$	1,118,526	$	1,118,526