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Note 14 - Related Party Transactions
12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

Note 14 Related Party Transactions     


During 2014, approximately $801 thousand in interest was paid to the current or former directors of the Company or accounts for the benefit of such persons in respect of subordinated notes, which were amended in 2013. See Note 10 for additional information regarding the subordinated notes.


The Bank leases office space, at a current monthly base rental of $132,938, excluding certain pass through expenses, from limited liability companies in which a trust for the benefit of an executive officer’s children has an 85% interest in one instance and a 51% interest in another.


A director is a partner in the law firm Shulman, Rogers, Gandal, Pordy & Ecker, P.A. which has provided, and continues to provide, legal services to the Company and its subsidiaries. During 2014, the Company and its subsidiaries paid aggregate fees of $907,603 to that firm. Under the director’s arrangement with his firm, he does not participate in the profits or revenues resulting from the provision of legal services to the Company and its subsidiaries, and he receives no other compensation or benefits in lieu of such participation.