Note 9 - Fair Value and Interest Rate Risk (Tables)

6 Months Ended

Jun. 30, 2017

Notes Tables

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

(In thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
June 30, 2017:
U. S. Government agency mortgage-backed securities	$	-		8,422		-		8,422
Corporate bonds		-		8,954		-		8,954
Subordinated notes		-		5,605		2,000		7,605
Available-for-sale securities	$	-		22,981		2,000		24,981
December 31, 2016:
U. S. Government agency mortgage-backed securities	$	-		10,441		-		10,441
Corporate bonds		-		8,961		-		8,961
Subordinated notes		-		3,026		2,000		5,026
Available-for-sale securities	$	-		22,428		2,000		24,428

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

(In thousands)	Fair Value		Valuation Methodology	Unobservable Inputs	Range of Inputs
June 30, 2017:
Impaired loans	$	8,856	Real Estate Appraisals	Discount for appraisal type		0%	-	8%
OREO		851	Real Estate Appraisals	Discount for appraisal type			21%
December 31, 2016:
Impaired loans	$	8,951	Real Estate Appraisals	Discount for appraisal type		0%	-	8%
OREO		851	Real Estate Appraisals	Discount for appraisal type			21%

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

(In thousands)		June 30, 2017				December 31, 2016
	Fair Value Hierarchy	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Financial Assets:
Cash and noninterest bearing balances due from banks	Level 1	$	3,210		3,210		2,596		2,596
Interest-bearing deposits due from banks	Level 1		7,633		7,633		89,693		89,693
U. S. Government agency mortgage-backed securities	Level 2		8,422		8,422		10,441		10,441
Corporate bonds	Level 2		8,954		8,954		8,961		8,961
Subordinated Notes	Level 2		5,605		5,605		3,026		3,026
Subordinated Notes	Level 3		2,000		2,000		2,000		2,000
Other investments	Level 2		4,450		4,450		4,450		4,450
Federal Reserve Bank stock	Level 2		2,424		2,424		2,109		2,109
Federal Home Loan Bank stock	Level 2		5,833		5,833		5,609		5,609
Loans receivable, net	Level 3		673,144		671,694		576,982		576,757
Accrued interest receivable	Level 2		3,208		3,208		2,726		2,726
Financial assets, total			724,883		723,433		708,593		708,368
Financial Liabilities:
Demand deposits	Level 2		77,778		77,778		76,772		76,772
Savings deposits	Level 2		148,408		148,408		131,429		131,429
Money market deposits	Level 2		14,687		14,687		15,593		15,593
NOW accounts	Level 2		27,947		27,947		29,912		29,912
Time deposits	Level 2		232,960		232,590		211,686		210,321
Brokered deposits	Level 1		60,259		60,222		63,932		63,897
FHLB and correspondent bank borrowings	Level 2		120,000		120,202		138,000		138,149
Senior notes	Level 2		11,666		11,315		11,628		11,628
Subordinated debentures	Level 2		8,082		8,082		8,079		8,079
Note payable	Level 3		1,675		1,506		1,769		1,565
Accrued interest payable	Level 2		131		131		118		118
Financial liabilities, total			703,593		702,868		688,918		687,463