Note 12 - Fair Value and Interest Rate Risk (Tables)

9 Months Ended

Sep. 30, 2015

Fair Value Disclosures [Abstract]

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

	Quoted Prices
	in Active		Significant		Significant
(in thousands)	Markets for		Observable		Unobservable		Balance
	Identical Assets		Inputs		Inputs		as of
September 30, 2015	(Level 1)		(Level 2)		(Level 3)		September 30, 2015
U.S. Government agency mortgage-backed securities	$	-	$	14,202	$	-	$	14,202
U.S. Government agency bonds		-		7,501		-		7,501
Corporate bonds		-		9,016		-		9,016
Securities available for sale	$	-	$	30,719	$	-	$	30,719

	Quoted Prices
	in Active		Significant		Significant
	Markets for		Observable		Unobservable		Balance
	Identical Assets		Inputs		Inputs		as of
December 31, 2014	(Level 1)		(Level 2)		(Level 3)		December 31, 2014
U.S. Government agency mortgage-backed securities	$	-	$	17,337	$	-	$	17,337
U.S. Government agency bonds		-		7,409		-		7,409
Corporate bonds		-		8,936		-		8,936
Securities available for sale	$	-	$	33,682	$	-	$	33,682

Fair Value Measurements, Nonrecurring [Table Text Block]

	Quoted Prices in		Significant		Significant
(in thousands)	Active Markets		Observable		Unobservable
	for Identical Assets		Inputs		Inputs		Balance
Asset Description	(Level 1)		(Level 2)		(Level 3)
September 30, 2015
Impaired loans	$	-	$	-	$	380	$	380
December 31, 2014
Impaired loans	$	-	$	-	$	859	$	859

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

(dollars in thousands)	Quantitative Information about Level 3 Fair Value Measurements
Asset Description	Fair Value		Valuation Technique	Unobservable Input	Range (Weighted Average )
September 30, 2015
Impaired loans	$	380	Fair Value of Collateral (1)	Appraised Value (2)	8%	-	14%	(14%)(3)
December 31, 2014
Impaired loans	$	859	Fair Value of Collateral (1)	Appraised Value (2)	8%	-	22%	(13%)(3)

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

		September 30, 2015				December 31, 2014
(in thousands)	Value	Carrying		Estimated		Carrying		Estimated
	Hierarchy	Amount		Fair Value		Amount		Fair Value
Financial Assets:
Cash and noninterest bearing balances due from banks	Level 1	$	2,429	$	2,429	$	2,095	$	2,095
Interest-bearing deposits due from banks	Level 1		56,909		56,909		71,163		71,163
Other investments	Level 2		4,450		4,450		4,450		4,450
Federal Reserve Bank stock	Level 2		2,048		2,048		2,058		2,058
Federal Home Loan Bank stock	Level 2		6,628		6,628		6,628		6,628
Loans receivable, net	Level 3		491,074		493,933		471,984		476,631
Accrued interest receivable	Level 1		2,107		2,107		1,918		1,918
Financial Liabilities:
Demand deposits	Level 2	$	75,011	$	75,011	$	63,398	$	63,398
Savings deposits	Level 2		101,061		101,061		93,790		93,790
Money market deposits	Level 2		22,029		22,029		24,650		24,650
NOW accounts	Level 2		30,771		30,771		26,269		26,269
Time deposits	Level 2		169,441		169,281		204,216		204,262
Brokered Deposits	Level 1		48,127		48,127		30,710		30,710
FHLB Borrowings	Level 2		120,000		120,000		120,000		120,000
Subordinated debentures	Level 2		8,248		8,248		8,248		8,248
Note Payable	Level 3		1,985		1,985		-		-
Accrued interest payable	Level 1		457		457		167		167