Note 8 - Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2016

Notes Tables

Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]

	Carrying Value
(In thousands)	Level 1		Level 2		Level 3		Total
March 31, 2016
Assets Measured on a Recurring Basis
Securities available for sale:
Agency mortgage-backed securities	$	0	$	65,710	$	0	$	65,710
Agency CMO		0		11,391		0		11,391
Agency notes and bonds		0		79,354		0		79,354
Municipal obligations		0		53,960		0		53,960
Mutual funds		249		0		0		249
Total securities available for sale	$	249	$	210,415	$	0	$	210,664
Assets Measured on a Nonrecurring Basis
Impaired loans:
Residential real estate	$	0	$	0	$	1,918	$	1,918
Commercial real estate		0		0		3,276		3,276
Commercial business		0		0		63		63
Home equity and second mortgage		0		0		52		52
Other consumer		0		0		32		32
Total impaired loans	$	0	$	0	$	5,341	$	5,341
Loans held for sale	$	0	$	1,640	$	0	$	1,640
Foreclosed real estate:
Residential real estate	$	0	$	0	$	767	$	767
Land		0		0		203		203
Commercial real estate		0		0		3,670		3,670
Total foreclosed real estate	$	0	$	0	$	4,640	$	4,640
December 31, 2015
Assets Measured on a Recurring Basis
Securities available for sale:
Agency mortgage-backed securities	$	0	$	42,010	$	0	$	42,010
Agency CMO		0		9,331		0		9,331
Agency notes and bonds		0		84,453		0		84,453
Municipal obligations		0		50,839		0		50,839
Mutual funds		118		0		0		118
Total securities available for sale	$	118	$	186,633	$	0	$	186,751
Assets Measured on a Nonrecurring Basis
Impaired loans:
Residential real estate	$	0	$	0	$	1,990	$	1,990
Land		0		0		24		24
Commercial real estate		0		0		3,574		3,574
Commercial business		0		0		67		67
Home equity and second mortgage		0		0		125		125
Total impaired loans	$	0	$	0	$	5,780	$	5,780
Loans held for sale	$	0	$	3,081	$	0	$	3,081
Foreclosed real estate:
Residential real estate	$	0	$	0	$	557	$	557
Land		0		0		203		203
Commercial real estate		0		0		4,130		4,130
Total foreclosed real estate	$	0	$	0	$	4,890	$	4,890

Fair Value, by Balance Sheet Grouping [Table Text Block]

	Carrying		Fair		Fair Vale Measurements Using
(In thousands)	Value		Value		Level 1		Level 2		Level 3
March 31, 2016
Financial assets:
Cash and cash equivalents	$	108,791	$	108,791	$	108,791	$	0	$	0
Interest-bearing time deposits		16,410		16,476		0		16,476		0
Securities available for sale		210,664		210,664		249		210,415		0
Securities held to maturity		4		4		0		4		0
Loans held for sale		1,640		1,677		0		1,677		0
Loans, net		357,438		363,716		0		0		363,716
FHLB and other stock		1,650		1,650		0		1,650		0
Accrued interest receivable		2,473		2,473		0		2,473		0
Cost method investment (included in other assets)		711		711		0		711		0
Financial liabilities:
Deposits		656,185		655,807		0		0		655,807
Accrued interest payable		152		152		0		152		0
December 31, 2015:
Financial assets:
Cash and cash equivalents	$	109,174	$	109,174	$	109,174	$	0	$	0
Interest-bearing time deposits		16,655		16,696		0		16,696		0
Securities available for sale		186,751		186,751		118		186,633		0
Securities held to maturity		4		4		0		4		0
Loans held for sale		3,081		3,145		0		3,145		0
Loans, net		359,166		359,784		0		0		359,784
FHLB and other stock		1,650		1,650		0		1,650		0
Accrued interest receivable		2,244		2,244		0		2,244		0
Cost method investment (included in other assets)		711		711		0		711		0
Financial liabilities:
Deposits		637,177		636,406		0		0		636,406
Accrued interest payable		167		167		0		167		0