Note 2 - Acquisition (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

	Acquired from			Fair Value			Fair
	Hometown			Adjustments			Value
Assets Acquired
Cash and Due From Banks	$	7,083		$	-		$	7,083
Investment Securities		7,521			-			7,521
Loans		150,390			(6,471	)		143,919
Allowance for Loan Losses		(2,348	)		2,348			-
Net Loans		148,042			(4,123	)		143,919
Fixed Assets		9,268			798			10,066
Foreclosed Assets held for sale		1,647			(400	)		1,247
Core Deposit Intangible		-			3,520			3,520
Other Assets		4,146			2,463			6,609
Total Assets Acquired	$	177,707		$	2,258		$	179,965
Liabilities Assumed
Deposits		161,001			247			161,248
Federal Home Loan Bank advances		2,000			-			2,000
Securities Sold Under Agreements to Repurchase		2,159			-			2,159
Other borrowings		3,000			-			3,000
Subordinated debentures		6,186			176			6,362
Other Liabilities		2,003			-			2,003
Total Liabilities Assumed		176,349		$	423			176,772
Stockholders' Equity
Common Stock		231			(231	)		-
Capital Surplus		18,936			(18,936	)		-
Retained Earnings		(17,587	)		17,587			-
Accumulated Other Comprehensive Loss		(222	)		222			-
Treasury Stock		-			-			-
Total Stockholders' Equity Assumed		1,358		$	(1,358	)		-
Total Liabilities and Stockholders' Equity Assumed	$	177,707		$	(935	)	$	176,772
Net Assets Acquired							$	3,193
Purchase Price								4,628
Goodwill							$	1,435

Business Acquisition, Pro Forma Information [Table Text Block]

	Twelve months ended December 31,
	2018		2017
	(In Thousands, Except Per Share Data)
Summary of Operations
Net interest income	$	35,031	$	30,389
Provision for loan losses		1,225		1,750
Net interest income after provision for loan losses		33,806		28,639
Non interest income		6,853		7,011
Non interest expense		31,485		27,591
Income before income taxes		9,174		8,059
Provision for income taxes		1,884		2,720
Net income	$	7,290	$	5,339
Basic income per common share	$	1.66	$	1.22
Diluted income per common share	$	1.63	$	1.20