Note 11 - Fair Value of Financial Instruments and Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2017

Notes Tables

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

	Fair Value Measurements at March 31, 2017
	Carrying Value		Estimated Fair Value		Level 1		Level 2		Level 3
Assets
Cash and Short-Term Investments	$	50,662	$	50,662	$	50,662	$	-	$	-
Investment Securities Available for Sale		341,932		341,932		-		341,355		577
Federal Home Loan Bank Stock		3,043		3,043		3,043		-		-
Loans, Net		751,056		751,236		-		748,962		2,274
Bank-Owned Life Insurance		15,569		15,569		15,569		-		-
Liabilities
Deposits		1,044,321		1,044,542		683,696		360,846		-
Subordinated Debentures		24,229		24,229		-		24,229		-
Other Borrowed Money		51,008		51,213		-		51,213		-

	Fair Value Measurements at December 31, 2016
	Carrying		Estimated		Level		Level		Level
	Value		Fair Value			1		2		3
Assets
Cash and Short-Term Investments	$	75,167	$	75,167	$	75,167	$	-	$	-
Investment Securities Available for Sale		323,658		323,658		-		323,082		576
Federal Home Loan Bank Stock		3,010		3,010		3,010		-		-
Loans, Net		744,999		745,240		-		738,288		6,952
Bank-Owned Life Insurance		15,419		15,419		15,419		-		-
Liabilities
Deposits		1,044,357		1,045,726		677,129		368,597		-
Subordinated Debentures		24,229		24,229		-		24,229		-
Other Borrowed Money		46,000		46,232		-		46,232		-

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

			Fair Value Measurements at Reporting Date Using
			Quoted Prices in				Significant
			Active Markets for		Significant Other		Unobservable
	Total Fair		Identical Assets		Observable		Inputs
March 31, 2017	Value		(Level 1)		Inputs (Level 2)		(Level 3)
Recurring Securities Available for Sale
U.S. Government Agencies
Mortgage-Backed	$	335,451	$	-	$	335,451	$	-
State, County and Municipal		4,456		-		3,879		577
Corporate Bonds		2,025				2,025		-
	$	341,932	$	-	$	341,355	$	577
Nonrecurring
Impaired Loans	$	2,274	$	-	$	-	$	2,274
Other Real Estate	$	2,231	$	-	$	-	$	2,231

			Fair Value Measurements at Reporting Date Using
			Quoted Prices in				Significant
			Active Markets for		Significant Other		Unobservable
	Total Fair		Identical Assets		Observable		Inputs
December 31, 2016	Value		(Level 1)		Inputs (Level 2)		(Level 3)
Recurring Securities Available for Sale
U.S. Government Agencies
Mortgage-Backed	$	319,097	$	-	$	319,097	$	-
State, County and Municipal		4,561		-		3,985		576
	$	323,658	$	-	$	323,082	$	576
Nonrecurring
Impaired Loans	$	6,952	$	-	$	-	$	6,952
Other Real Estate	$	2,505	$	-	$	-	$	2,505

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

			Valuation	Unobservable	Range
	March 31, 2017		Techniques	Inputs	Weighted Avg
Real Estate
Commercial Construction	$	51	Sales Comparison	Adjustment for Differences	(5.00)%	-	99.00%
				Between the Comparable Sales		47.00%
				Management Adjustments for	0.00%	-	10.00 %
				Age of Appraisals and/or Current		5.00%
				Market Conditions
Residential Real Estate		417	Sales Comparison	Adjustment for Differences	(22.00 )%	-	0.00%
				Between the Comparable Sales		(11.00)%
				Management Adjustments for	0.00%	-	40.00 %
				Age of Appraisals and/or Current		20.00%
				Market Conditions
Commercial Real Estate		1,455	Sales Comparison	Management Adjustments for	0.00%	-	100.00 %
				Age of Appraisals and/or Current		50.00%
				Market Conditions
			Income Approach	Capitalization Rate		10.00%
Farmland		351	Sales Comparison	Adjustment for Differences	(27.00 )%	-	15.00%
				Between the Comparable Sales		(6.00 )%
				Management Adjustments for	10.00%	-	75.00 %
				Age of Appraisals and/or Current		42.50%
				Market Conditions
Other Real Estate Owned		2,231	Sales Comparison	Adjustment for Differences	(50.80 )%	-	302.00%
				Between the Comparable Sales		125.60%
				Management Adjustments for	6.25%	-	81.26 %
				Age of Appraisals and/or Current		33.47%
				Market Conditions
			Income Approach	Discount Rate		12.50%

			Valuation	Unobservable	Range
	December 31, 2016		Techniques	Inputs	Weighted Avg
Real Estate
Commercial Construction	$	51	Sales Comparison	Adjustment for Differences	(5.00)%	-	99.00%
				Between the Comparable Sales		47.00%
				Management Adjustments for	0.00%	-	10.00%
				Age of Appraisals and/or Current		5.00%
				Market Conditions
Residential Real Estate		1,105	Sales Comparison	Adjustment for Differences	(22.00)%	-	0.00%
				Between the Comparable Sales		(11.00)%
				Management Adjustments for	0.00%	-	40.00%
				Age of Appraisals and/or Current		20.00%
				Market Conditions
Commercial Real Estate		5,445	Sales Comparison	Adjustment for differences	(14.08)%	-	24.62%
				Between the comparable Sales		5.27%
				Management Adjustments for	0.00%	-	100.00%
				Age of Appraisals and/or Current		50.00%
				Market Conditions
			Income Approach	Capitalization Rate		10.67%
Farmland		351	Sales Comparison	Adjustment for Differences	(27.00)%	-	15.00%
				Between the Comparable Sales		(6.00)%
				Management Adjustments for	10.00%	-	75.00%
				Age of Appraisals and/or Current		42.50%
				Market Conditions
Other Real Estate Owned		2,505	Sales Comparison	Adjustment for Differences	(50.80)%	-	316.00%
				Between the Comparable Sales		132.60%
				Management Adjustment for	6.25%	-	76.92%
				Age of Appraisals and/or Current		36.31%
				Market Conditions
			Income Approach	Discount Rate		12.50%

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

	Available for Sale Securities
	March 31, 2017		December 31, 2016
Balance, Beginning	$	576	$	930
Transfers out of Level 3		-		-
Maturities				(330	)
Loss on OTTI Impairment Included in Noninterest Income		-		-
Unrealized Gains included in Other Comprehensive Income (Loss)		1		(24	)
Balance, Ending	$	577	$	576

Fair Value, Inputs, Level 3 [Member]

Notes Tables

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

	Fair Value		Valuation Techniques	Unobservable Inputs	Range Weighted Avg
State, County and Municipal	$	577	Discounted Cash Flow	Discount Rate		N/A*