Note 10 - Advances from Federal Home Loan Bank

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Federal Home Loan Bank Advances, Disclosure [Text Block]

(

10

)       

ADVANCES FROM FEDERAL HOME LOAN BANK

There were

no

outstanding advances from the FHLB at

December 31, 2018.

At

December 31, 2017,

there were

$10.0

million in outstanding advances from the FHLB maturing in

June 2018

at a weighted average rate of

1.67%.

Advances are secured under a blanket collateral agreement with the FHLB. At

December 31, 2018,

the carrying value of mortgage loans pledged as security for advances was

$77.5

million.