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Subordinated Debentures (Tables)
3 Months Ended
Mar. 31, 2016
Subordinated Borrowings [Abstract]  
Schedule of Subordinated Debentures [Table Text Block]

The following table summarizes the mandatory redeemable trust preferred securities of the Company’s Statutory Trust II at March 31, 2016 and December 31, 2015.

 

      Securities               Redeemable by
  Issuance Date   Issued   Liquidation Value   Coupon Rate   Maturity   Issuer Beginning
  12/19/2003   $      5,000,000   $1,000 per Capital   Floating 3-month   01/23/2034   01/23/2009
            Security   LIBOR + 285 Basis        
                Points