Note 4 - Loans and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2016

Receivables [Abstract]

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

	March 31, 2016			December 31, 2015
Real estate - residential mortgage:
One to four family units	$	98,851,219		$	98,257,417
Multi-family		37,448,634			41,603,670
Real estate - construction		52,132,057			45,462,895
Real estate - commercial		203,407,488			208,824,573
Commercial loans		82,730,366			81,006,897
Consumer and other loans		21,938,117			21,991,881
Total loans		496,507,881			497,147,333
Less:
Allowance for loan losses		(6,185,231	)		(5,811,940	)
Deferred loan fees/costs, net		(258,010	)		(333,486	)
Net loans	$	490,064,640		$	491,001,907

Past Due Financing Receivables [Table Text Block]

As of March 31, 2016
	30-59 Days Past Due		60-89 Days Past Due		90 Days and more Past Due		Total Past Due		Current		Total Loans Receivable		Total Loans > 90 Days and Accruing
	(In Thousands)
Real estate - residential mortgage:
One to four family units	$	549	$	97	$	95	$	741	$	98,110	$	98,851	$	-
Multi-family		-		-		-		-		37,449		37,449		-
Real estate - construction		-		-		-		-		52,132		52,132		-
Real estate - commercial		5,688		-		1,020		6,708		196,700		203,408		-
Commercial loans		104		6		1,239		1,349		81,381		82,730		-
Consumer and other loans		2		20		46		68		21,870		21,938		-
Total	$	6,343	$	123	$	2,400	$	8,866	$	487,642	$	496,508	$	-

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	$	-

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

	March 31, 2016		December 31, 2015
Real estate - residential mortgage:
One to four family units	$	2,327,991	$	2,272,535
Multi-family		-		-
Real estate - construction		8,071,840		8,079,807
Real estate - commercial		1,181,609		1,240,909
Commercial loans		1,872,808		2,149,333
Consumer and other loans		59,380		12,891
Total	$	13,513,628	$	13,755,475

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

March 31, 2016	Construction		Commercial Real Estate			One to four family			Multi-family			Commercial		Consumer and Other			Unallocated			Total
Allowance for loan losses:	(In Thousands)
Balance, beginning of period	$	1,246	$	1,526		$	821		$	177		$	1,382	$	223		$	437		$	5,812
Provision charged to expense		621		(46	)		(3	)		(18	)		121		64			(364	)	$	375
Losses charged off		-		-			-			-			-		(29	)		-		$	(29	)
Recoveries		1		6			8			-			-		12			-		$	27
Balance, end of period	$	1,868	$	1,486		$	826		$	159		$	1,503	$	270		$	73		$	6,185

March 31, 2015	Construction		Commercial Real Estate			One to four family			Multi-family		Commercial			Consumer and Other			Unallocated		Total
Allowance for loan losses:	(In Thousands)
Balance, beginning of period	$	1,330	$	1,992		$	900		$	127	$	1,954		$	185		$	101	$	6,589
Provision charged to expense		24		(6	)		(24	)		6		(151	)		35			266	$	150
Losses charged off		-		-			-			-		-			(18	)		-	$	(18	)
Recoveries		7		-			8			-		1			19			-	$	35
Balance, end of period	$	1,361	$	1,986		$	884		$	133	$	1,804		$	221		$	367	$	6,756

March 31, 2016	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Unallocated		Total
Allowance for loan losses:	(In Thousands)
Ending balance: individually evaluated for impairment	$	540	$	-	$	19	$	-	$	463	$	14	$	-	$	1,036
Ending balance: collectively evaluated for impairment	$	1,328	$	1,486	$	807	$	159	$	1,040	$	256	$	73	$	5,149
Loans:
Ending balance: individually evaluated for impairment	$	8,072	$	1,182	$	2,328	$	-	$	1,873	$	167	$	-	$	13,622
Ending balance: collectively evaluated for impairment	$	44,060	$	202,226	$	96,523	$	37,449	$	80,857	$	21,771	$	-	$	482,886

December 31, 2015	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Unallocated		Total
Allowance for loan losses:	(In Thousands)
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

Impaired Financing Receivables [Table Text Block]

	March 31, 2016						December 31, 2015
	Recorded Balance		Unpaid Principal Balance		Specific Allowance		Recorded Balance		Unpaid Principal Balance		Specific Allowance
	(In Thousands)
Loans without a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	2,231	$	2,231	$	-	$	2,272	$	2,272	$	-
Multi-family		-		-		-		-		-		-
Real estate - construction		5,722		5,722		-		5,730		5,730		-
Real estate - commercial		1,182		1,182		-		1,241		1,241		-
Commercial loans		1,000		1,000		-		1,538		1,538		-
Consumer and other loans		59		59		-		904		904		-
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	97	$	97	$	19	$	-	$	-	$	-
Multi-family		-		-		-		-		-		-
Real estate - construction		2,350		4,838		540		2,350		4,838		540
Real estate - commercial		-		-		-		-		-		-
Commercial loans		873		1,176		463		611		914		312
Consumer and other loans		108		108		14		84		84		13
Total
Real estate - residential mortgage:
One to four family units	$	2,328	$	2,328	$	19	$	2,272	$	2,272	$	-
Multi-family		-		-		-		-		-		-
Real estate - construction		8,072		10,560		540		8,080		10,568		540
Real estate - commercial		1,182		1,182		-		1,241		1,241		-
Commercial loans		1,873		2,176		463		2,149		2,452		312
Consumer and other loans		167		167		14		988		988		13
Total	$	13,622	$	16,413	$	1,036	$	14,730	$	17,521	$	865

	For the Three Months Ended				For the Three Months Ended
	March 31, 2016				March 31, 2015
	Average Investment in Impaired Loans		Interest Income Recognized		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	$	2,240	$	-	$	709	$	-
Multi-family		-		-		-		-
Real estate - construction		5,725		-		74		-
Real estate - commercial		1,201		-		-		-
Commercial loans		1,352		-		336		-
Consumer and other loans		28		-		489		-
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	32	$	-	$	550	$	-
Multi-family		-		-		-		-
Real estate - construction		2,350		-		2,750		-
Real estate - commercial		-		-		-		-
Commercial loans		699		-		623		-
Consumer and other loans		83		-		-		-
Total
Real estate - residential mortgage:
One to four family units	$	2,272	$	-	$	1,259	$	-
Multi-family		-		-		-		-
Real estate - construction		8,075		-		2,824		-
Real estate - commercial		1,201		-		-		-
Commercial loans		2,051		-		959		-
Consumer and other loans		111		-		489		-
Total	$	13,710	$	-	$	5,531	$	-

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	March 31, 2016		December 31, 2015
Real estate - residential mortgage:
One to four family units	$	1,522,938	$	1,556,964
Multi-family		-		-
Real estate - construction		8,071,840		8,079,807
Real estate - commercial		161,491		161,491
Commercial loans		1,427,270		1,442,476
Consumer and other loans		-		-
Total	$	11,183,539	$	11,240,738

Financing Receivable Credit Quality Indicators [Table Text Block]

March 31, 2016	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Total
	(In Thousands)
Rating:
Pass	$	44,060	$	189,347	$	92,170	$	37,449	$	74,610	$	21,651	$	459,287
Special Mention		-		7,566		3,061		-		2,117		-		12,744
Substandard		8,072		6,495		3,620		-		5,400		287		23,874
Doubtful		-		-		-		-		603		-		603
Total	$	52,132	$	203,408	$	98,851	$	37,449	$	82,730	$	21,938	$	496,508

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